[Filecoin Weekly Report-59] Calibration network reset multiple times, test launch time is undecided

[Filecoin Weekly Report-59] Calibration network reset multiple times, test launch time is undecided

Co-edited by Steven Li and Iris


【Project Introduction】



Filecoin is a decentralized storage network that transforms cloud storage into an algorithmic market .


Miners - earn FIL by providing data storage and retrieval

Clients - pay FIL to allow miners to provide storage, distribution and retrieval services




【Project progress: Testnet phase2

Tested version:
  • Calibration stage


Test objectives:
  • Network security

  • Calibration network test (already started)

  • Testing Reward Program (may be extended, specific time is not determined)

  • Economic model parameters (current parameters do not represent the mainnet)


Project progress:
  • Entering the calibration period, the network resets several times

  • Frequent updates of economic models, Gas calculations, etc.

  • The large miner test depends on the order situation of the Calibration network

【Last week’s hot spots】

  • Since the Calibration was launched, it has been reset twice in the last week. Due to the transaction success rate (most miners failed to reach a 75% success rate), the test reward plan may be postponed. The launch time is defined between August 6 and August 12; if many miners are still unable to accept orders normally on August 12, the network will be launched as usual.

  • On July 29, a video about FIL staking suddenly went viral. I want to say: The official parameters are just preliminary at the moment, and there will be more adjustments in the test reward plan and the main network. Miners, don’t panic.


  • On July 31, Filecoin officially announced two other events , Apollo & Launchpad , aimed at promoting the implementation of Filecoin.


"Besides mining, are there any other opportunities for Filecoin? Official activities are worth noting"

  • On August 1, Filecoin officially held a live broadcast with ETHGlobal on its youtube channel, mainly discussing the Filecoin retrieval market.

https://youtu.be/eUcsZ1JS9pM


【Last week’s testnet progress】
 
1 ) After self-calibration was started, it was reset twice last week. Restarted again on August 1:
    • The Filecoin team officially began to experiment with the storage market and retrieval market, and robots began to work

    • Launched multiple rankings, including miner computing power, order success rate, block rewards, etc.


2) Testnet operation status:
https://filscan.io/#/

(14:00 data)


Due to two resets last week, no statistical analysis was done on the network data. Those who are interested can check it on Filscan.


3) Main issues:
  • Large amount of mortgage

  • The success rate of orders is generally low


【Last week’s development progress】

Last week's major code and design progress

  • New code and bug fixes:

    • The blst library is used to replace the original BLS library, and the BLS verification and hash calculation efficiency is increased by more than 5 times

    • In the event of an empty wheel, regular tasks are still processed

    • More elegant command line output, continuous improvement

    • Improve some issues:

      Bug fixes for total circulating FIL; deadline calculation improvements; transaction query location issues
      ChainWatch Improvements
      The problem of the same deal being sent to multiple sectors
      Continuous improvement of chain synchronization: How difficult is this? Long-term entanglement
      Improvements in mortgage methods
    • Start preparing for IncentiveNet

    • Support interactive trading commands

    • The economic model mechanism is implemented and the parameters continue to be adjusted


  • Design and Proofing Updates:

    • The design documentation is still being improved - this needs to be done faster

    • The security audit of the proof part is in progress, and the code has been modified. The changes are minor


【Popular Reading】
Filecoin Weekly Report:
Calibration network launched, prize-winning test enters countdown
The first draft of economic model parameters will be released soon
The test reward program may be extended by 1~2 weeks
Which of the major events that happened in the Force Zone did you participate in?

Original graphics:
Mining machine or computing power: How to break through Filecoin? (Part 2)
Mining machine or computing power: How to break through Filecoin? (Part 1)
How does Filecoin grow wildly in the era of explosive information?
IPFS Force Zone × Force Field: Filecoin’s Ecosystem and Current Status


Filecoin Weekly Report is originally produced by IPFS Force Zone
Statement: This article is an original article from IPFS Force District. The copyright belongs to IPFS Force District. It may not be reproduced without authorization. Violators will be held accountable according to law.
Tip: Investment is risky, so be cautious when entering the market. This article is not intended as investment and financial advice.

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