[Filecoin Weekly Report-78] Can the FIP-08 proposal submit sectors in batches to reduce network congestion?

This article was originally written by IPFS Force Zone

[Project Introduction] Filecoin is a decentralized storage network that transforms cloud storage into an algorithmic market.

【Project Progress】

• Filecoin mainnet Lotus v1.2.2

• Slingshot Phase 2 in progress

• Filecoin has 8 FIP proposals

• Filecoin Ecological Incubation Center Launched: On December 5, 2020, Huobi Group, in partnership with Protocol Labs, announced the launch of the Huobi Filecoin Ecological Incubation Center. The center has $10 million in funds dedicated to supporting the Filecoin ecosystem.

  
  

• Storage Market Summit: Protocol Labs and ETHGlobal held the Storage Market Summit last Sunday, inviting representatives from Huobi, Distributed Capital, LongHash and other institutions to explore the future of distributed storage business.

• Lotus v1.2.2 update: This is an optional update that mainly contains various mining logic improvements and bug fixes, as well as new Miner UX features and more.

  
  

• FIP-08 proposal: In the past week, the gas fee of the Filecoin network has remained high, and there is even a situation where the gas fee consumption on the same day is equal to the mining income of the entire network. Among the message types that need to be paid, PreCommitSector is the most expensive, accounting for more than 60% of the total gas fee of the entire network. For this reason, FIP-8 proposed a corresponding solution, that is, to add the PreCommitSectorBatch method to submit multiple PreCommitSectors at one time. At present, the implementation of FIP-7 is in progress, and the Protocol Lab is still discussing more solutions to reduce gas fees.

  FIP-8 link: https://github.com/filecoin-project/FIPs/blob/master/FIPS/fip-0008.md

  
  

• Filecoin Plus progress: The world is divided into 7 regions, and 3 notaries will be selected in each region based on comprehensive scores.

  Specific rules: https://github.com/filecoin-project/notary-governance/pull/61/commits/4279fa2038641cf6f8d4b2c32bbe851245032dcc

Force Research | Several key time points for investing in Filecoin