Filecoin: The next Godzilla of the Internet world

//​ The Next Godzilla of the Internet World

Why do many people say that Filecoin will become the underlying framework of Web3.0? And even compare Filecoin with BTC?

From the perspective of digital currency, due to its currency attributes and its price volatility, it has become an investment product for many people.

What makes Filecoin different from other digital currencies (including mainstream digital currencies known to the public) is that Filecoin is not just a digital currency, it is also an incentive for the implementation of technological applications that can promote the development of IPFS distributed storage technology.

Currently, this distributed storage technology has begun to be applied in different industries, and the demand for data storage is still increasing.

If possible, IPFS bundled with Filecoin will subvert or even replace HTTP. The above factors have attracted many people to choose IPFS and Filecoin.

HTTP created today's Internet, and IPFS may create a new Internet world based on HTTP.

HTTP has created countless unicorn companies. What about IPFS? Maybe it will become a unicorn in the new world and become the beast king Godzilla.

//​ Will SpaceRace come as planned?

What everyone is most concerned about Filecoin at the moment is the SpaceRace space competition, because the development team has prepared a total of 4.25 million Fil rewards.

The event was supposed to start on August 12, but due to miner standards and network calibration issues, the official announcement was postponed and planned to be held within a week.

For many manufacturers and investors, Filecoin’s official postponement has become commonplace, but in fact everyone is very anxious.

First of all, major manufacturers have to give investors an explanation, and a large number of equipment also requires funds to maintain. Secondly, for short-term and medium-term investors, this is a waste of time. Of course, Filecoin can recover its investment within a certain period after the mainnet is launched, but it is more suitable for long-term holding.

Hopefully, the reward activity can be launched smoothly within a week. Although it may be postponed, the date for the mainnet launch is getting closer and closer.

// Calibration test network improvement effect

In the early morning of August 12th, Beijing time, the Filecoin development team held a telephone conference with miners, saying that the Calibration test network has been greatly improved, the connection success rate has increased from 2% to 40% , the Lotus retrieval volume has supported a large number of transactions, and the mempool mining pool congestion problem has also been improved.

On August 14, the Filecoin test network will be reset again. From this point of view, it is basically close to the standard for starting the reward activity. In a few days, I believe that the connection success rate can reach more than 75%. The new faucet will release test coins to the majority of miners, and at the same time solve the shortage of test coins.

Currently, the frequency of improvements and repairs to the Filecoin network is getting faster and faster. Once all indicators meet the activation standards, the activity can be carried out.

The SpaceRace event is of great significance for the launch of the mainnet. It can be said that this space race is a simulation of the launch of the mainnet. If the event goes smoothly, the mainnet will also be launched smoothly.

Therefore, the Filecoin network has repeatedly postponed reward activities, corrected many details and ensured that most miners can meet the standards and successfully enter the main network mining.