The higher the ranking, the better? Let’s learn about Filecoin’s penalty mechanism
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Miners who have come into contact with Filecoin know that Filecoin has a penalty mechanism, which is explained in Filecoin’s newly released “Creating the Filecoin Economy”. Filecoin Penalty Mechanism 1 Sector failure fee: The sector failure fee refers to the fee paid per sector every day when the sector is in a faulty state, and the amount of the fee is slightly greater than the expected income of the sector. If a sector remains in a faulty state for more than two consecutive weeks, the sector will pay a termination fee and be deleted from the chain. For a faulty sector, the initial value of this fee is 2.14 days of block rewards. 2 Fault detection fee: The sector fault detection fee is a one-time fee paid when a miner fails to report a fault and an unreported fault is found on the chain. The fee is the 5-day block reward that a specific sector can receive. 3 Sector Termination Fee: Sector termination fees refer to the termination of a sector before it expires, either through automatic failure detection or a decision by miners. The termination fee collected is in principle equal to the revenue that the sector has earned so far, but there is a cap to encourage sectors that commit longer. In an active termination, a miner decides to default and stop mining, pays the termination fee and walks away. In a fault termination, a sector is in a faulty state for too long (14 days), the chain will terminate the transaction and refund users the remaining order fees and punish the miner for paying this fee. Currently, the cap on each sector termination fee is the 90-day block reward that the sector will receive. If investors want to obtain more optimistic returns, it is far from enough to refer only to the rankings. The returns of investors are directly related to the success rate of sector packaging and mining efficiency.
Sector refers to the storage space specific to the storage miner, which is used to measure the effective storage and the unit space for submitting storage proof. When the storage miner has stored a sector of data (may not be fully sealed, but it should waste some storage space), the sector seal can be run, and the copy proof can be submitted after sealing, so that effective storage can be formed. |
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