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

We're excited about the potential of the #FVM to drive innovation on the Filecoin network. 

We've compiled a list of systems, apps, &amp; building blocks we'd love to see! Did we miss anything?

Time for our builders to turn these ideas into reality! 🚀
https://t.co/gEEZFzRauU