Filecoin is a blockchain platform focused on decentralized data storage with built—in economic incentives for users. It is one of the main infrastructure projects of the Web 3 direction. The security and verification of data stored in the Filecoin network is provided by two consensus algorithms at once: Proof of Spacetime (PoSt) and Proof Of Replication (PoRep). Miners on the Filecoin network are responsible for storing and providing data.

Filecoin news today, FIL crypto latest news of token ticker

Filecoin

STFIL Protocol

The Filecoin DeFi ecosystem is expanding rapidly! 

@stfil_io  has passed 10K in total FIL locked with the help of their leasing protocol, aimed at better connecting token holders with SPs. Learn more about stFIL and the team behind it (FrogHub) at https://t.co/5bLsfoxnUv https://t.co/T5wxkdwKpL

The Filecoin DeFi ecosystem is expanding rapidly.