The first Filecoin Space Race has come to a successful conclusion! What do you think of the testnet report card?

Professionalism and focus, win-win cooperation

The first Filecoin Space Race ended at 6:00 a.m. on September 15, 2020 (Beijing time), and all reward results are based on this time.

Preliminary results of SpaceRace-1 space race rewards: According to the space race reward rules, Asia unlocked a full reward of 500,000 Fil, Oceania unlocked 250,000 Fil, Africa, Europe, North America, and South America each unlocked 100,000 Fil, plus the global reward of 1.5 million , the total unlocked reward for this competition is about 2.65 million Fil.

SpaceRace-1 Review of Life and Death

The 21-day space race was actually a Speed ​​movie! Let's review the highlights.

• ① On August 25, Lingdong reached the top

On the first day of its launch, the smart node t02398 took the lead in the hash rate ranking. However, it was attacked that night and lost its first place at 10 pm on August 25. It started to decline to 12th place in the following days, and fell to 20th place at its lowest. At this time, some investors began to get restless, after all, it was said to be the first. t02398 has completed its task of luring the enemy.

• ② August 26th reinforcement node is online

On the second day of the competition, a new node, t02770, emerged and reinforcements arrived on the battlefield. It successfully entered the top 10 and climbed all the way to third place. Investors cheered! However, it was attacked again and the computing power grew slowly. T02770 played in the malicious attacks and its ranking fluctuated. Gradually, its ranking dropped again. There was already a panic atmosphere. T02770 fought hard to buy time for the reserve node.

• ③ September 2, the preparatory node will be released

On September 2, the reserve reinforcement t02775 node successfully broke through and directly entered the 13th place, and began to hand over the ranking with t02770. After 5 days of competition, it officially began to climb against the trend on September 7. However, while the computing power increased, t02775 encountered another serious dilemma, that is, the storage success rate and retrieval success rate did not reach 80%! Some investors began to worry whether they could successfully get the Filecoin reward.

• ④ September 11th: The two armies broke through

It is September 11th, and there are still 5 days until the end of the space race. At this time, the t02775 node has reached the fifth place, t02770 remains at the 11th place, and Lingdong's fourth peripheral node has also successfully entered the list. At present, the three horses participating in the competition have been assembled, and the three nodes have performed their duties. T02775 has entered the top three, t02770 remains at 12th place, and t02767 is trailing at 22nd place . Now there is only one problem, that is, the order success rate! If this data does not meet the standard, all previous efforts will be wasted. Investors begin to pay attention to this indicator.

However, you only saw the surface. The real reason for not meeting the standards was that the official robot malfunctioned. When everyone was panicking, Lingdong released information to allay investors' concerns, but the actual data on the computing power list indicators still did not meet the standards.

• ⑤ September 11th: The two armies broke through

On the morning of September 12, t02775 showed a slight decline. Was it a false alarm? On the afternoon of September 12, it began to accelerate from the bottom, and the computing power increased sharply at a speed of 2PB for two consecutive days. At the same time, after the official robot was restored, the success rate of three-node orders instantly reached the standard!

The agile nodes pressed on to win, and finally, despite multiple nodes being attacked continuously, the three nodes perfectly finished the first phase of the space race with 3rd, 13th, and 22nd place respectively.

So far, Lingdong has created a wonderful story-telling game for the entire space race. It reached the top and then slipped down; the reserve node rushed forward and slipped down again; the third batch of nodes rushed forward again, continued to fight and made it to the top against the trend; the fourth batch of nodes received external assistance just in case.

The only regret is that we were not able to return to the first place in the end. In fact, according to the growth rate in the last three days, it only takes one day to return to the top. The world is perfect, and leaving some regrets always makes the story feel good. However, the story is not over yet, because SpaceRace-2 will start soon. According to Lingdong's packaging speed and repair ability, the second stage will have a better performance. Of course, having experienced the brutal battle in the first stage, Lingdong will be more cautious. Now, investors are quite relieved. However, you should still have a question, that is, how many Fil rewards will Lingdong get, and how many coins can you and I get?

Here, a paragraph for all miners, "Lingdong thanks those who made me strong, only pain can make me strong! Success is not smooth sailing, I don't think about whether there will be cold wind and rain behind me, since the goal is the horizon, all I can leave to the world is my back! I don't think about whether the road ahead is smooth or muddy, as long as I love life!"

Investor: I only care about how much coins I can get

According to the official browser, the total reward is 2.8 million Fil. The total computing power of Lingdong nodes (3) ranks third, and the corresponding Fil reward is about 177,426. Note! These approximately 180,000 Fil are the actual distribution, not the total amount of mining, so these 177,000 Fil are actually distributed to all Lingdong investors.

Specific amount of coins earned per T

The total capacity of Lingdong Alliance nodes is 270,720T, of which Lingdong is 138.28PB. The income per T = 177,426 ÷ 270,720 = 0.655 Fil, that is, 0.655/single T. The final indicators are awaiting official announcement.

Note: Lingdong's 138.28PB capacity is the total amount of equipment delivered for testing. All miners have purchased and deployed online, so the single T allocated is also real and effective. In other words, customer investment returns are the key! For Lingdong, customer returns are the first priority!

Therefore, for investors, it is important to pay attention to certain data indicators of the selected manufacturers, but for individuals, the most important thing is whether their single T profit is sufficient!

Lingdong should be the first manufacturer to announce the single-T revenue of its equipment, and to be completely transparent and open about the capacity of the equipment and the actual revenue results. So, this is the tone of Lingdong, low-key and pragmatic, reassuring and down-to-earth.

The global space race (SpaceRace-1) has come to an end after 21 days of fierce competition. Thank you to all the partners in the Lingdong Linden community for their trust, and thank you to all the staff for their hard work for 21 days and nights. You are the best partners and programmers! A total of 138.2PB capacity of all Lingdong Linden customers has been delivered to participate in the test. Congratulations to everyone!!!

Smart: Preparing for the Second Phase of the Space Race

The space race can be simply understood as follows: the first stage is a computing power competition , which is not based on how many Fils are mined; the second stage is a packaging competition , which tests packaging and repair capabilities. For investors, what they should pay attention to is whether the manufacturer has delivered all the equipment for competition testing. If all the investors' equipment is delivered, then the number of Fils mined will have a direct relationship with each customer.

Some people may ask, since the first stage is about computing power and the second stage is about packaging, does that mean that the computing power growth in the second stage will be collectively slowed down? Or will it be easier than the first stage? Is this the case?

The second stage may be more intense than the first stage, because the second stage is not based on Filecoin rewards, but on computing power rewards, and directly switches to the main network seamlessly. Therefore, all miner nodes participating in the competition will scramble for sectors for packaging and repair, and no longer consider whether the sectors are theirs. The second stage becomes a battle to grab sectors.

The first phase is already so story-filled, so what will the second phase have to offer? Will it be thrilling or smooth sailing? Will it be a fight or a harmonious one? Will the attacks continue or will everyone rise up?

However, Lingdong would like to remind all investors and prospective investors who are about to enter the IPFS industry that according to Filecoin's official data, only 44% of registered entities meet the requirements and can receive rewards, and 95% of the nodes are from China. This means that a large number of Chinese miners will be gradually eliminated!

Next, there will be various "firsts" that are difficult to distinguish between true and false, especially manufacturers who have not announced node codes, reward numbers, or actual running capacities. Investors must bear the consequences of their choices. Of course, these consequences can be good or bad, and it all depends on the investors themselves. Your cognition determines your choice, and your choice determines the outcome.

Cognition = Results