Filecoin future development prediction

Filecoin future development prediction
Get more exciting information
Click on the blue words above to follow us

When it comes to distributed storage, the first thing that comes to mind is Filecoin, but in fact, in the field of distributed storage, Filecoin is not the "first". So why do other projects remain unknown while Filecoin stands out?

First of all, the official positioning is to build Filecoin into the cornerstone of human civilization and break through the limitations of data. The Filecoin network will be built into a free data trading and circulation market, breaking the isolated islands between data and maximizing the value of data.


Secondly, the biggest feature of Filecoin is the separation of data and application layers. All data is in a huge data pool, and all kinds of data are in it. Above these data are various application layers. So Filecoin's data is like the foundation of a house, supporting the development of various ecosystems on it.



1

DAPP and other related applications

If you have been following the official event Slingshot, you can see that there are already many excellent implementation examples of different applications based on Filecoin, such as cloud disks, medical imaging cloud systems, etc. At the same time, many tools related to Filecoin will also emerge.

2

Integration with other blockchains

ChainX previously announced that it will bridge with Filecoin, which is an ecological expansion for Filecoin. Like Ethereum, Filecoin officials have announced that they will build a decentralized lending platform based on the Ethereum ecosystem in the future, which will help promote the economic cycle of Filecoin with the help of the Ethereum ecosystem.

In essence, Filecoin is a basic storage tool that enables the free flow of data and value transfer. Filecoin can be implemented in various ways, whether it is DAPP, smart contracts, or combined with other blockchains. Therefore, the business prospect of Filecoin is the value change generated by distributed storage technology, which is a vast blue ocean of value.



In the early days, Filecoin was more suitable for blockchain application scenarios. This is because traditional blockchains do not solve the problem of big data storage, but Filecoin can. Filecoin is based on the IPFS communication protocol, and IPFS and Filecoin can give blockchain storage capabilities. This is also the reason why distributed storage has huge application scenarios and market potential. As a distributed storage network serving the global human society, Filecoin has huge application prospects.




We believe that the future development of Filecoin's ecosystem can be divided into four stages.


Phase 1

During the junk data stage, block rewards are used to encourage network capacity expansion and ensure network security and stability.


Phase II

In the network disk stage, by verifying the nodes, the effective data computing power can be up to 10 times. Because the security and privacy of distributed storage are improved, network disk storage applications shine.


Phase 3

During the retrieval and mining stage, content traffic applications use Filecoin for storage, the demand for CDN-like content distribution acceleration increases, and the revenue from retrieval and mining increases.


Stage 4

A global distributed storage network infrastructure. A large number of Dapp applications use filecoin for storage. Filecoin has become an important distributed storage network infrastructure in the decentralized ecosystem.



<<:  Bitcoin trend has not yet confirmed an effective breakthrough of 14,000, and the effectiveness of the 13,650 support will be paid attention to during the day

>>:  【Filecoin Weekly Report-72】FIP-5 has been implemented in Lotus

Recommend

Analysis of the three major misfortunes in wealth, career and health

As one of the traditional physiognomy techniques, ...

IWF and blockchain company Elliptic team up to end illegal Bitcoin transactions

Elliptic, a UK-based startup that monitors bitcoi...

Singapore updates cryptocurrency tax guidelines, amateur miners exempt from tax

On April 17, the Inland Revenue Authority of Sing...

What is the sign of redness in the forehead?

Slightly red forehead In fact, the forehead is a ...

Are men with reverse-growing eyebrows rebellious?

For some people, it is easy to exhibit some very ...

What is the temper of people with fleshy cheeks?

If you want to understand a person now, no matter...

Sia, a file storage service based on blockchain technology

Sia is a distributed file cloud storage service o...

Teach you how to read the life line in palmistry

There are always contradictions in the world. For ...

What is the fate of a man with Buddha eye patterns?

Buddha's eye pattern, as the name suggests, i...

Facebook reverses cryptocurrency ad ban

On December 2, Facebook announced on Wednesday th...

Will the rise of Bitcoin weaken Ethereum? How will its value be reflected?

The Bitcoin ecosystem has risen rapidly recently....