IPFS/Filecoin——a super revolution that changes the Internet!

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IPFS is a hypermedia transmission protocol, and its counterpart is HTTP. Although HTTP has contributed to the vigorous development of the entire Internet, HTTP has gradually failed to keep up with the needs of the development of the network world. The original intention of the Internet was information freedom, but now HTTP has become a centralized product, which is slowly becoming a shackle that restricts the further development of the Internet.

Let us first understand the Internet. The Internet is made up of tens of thousands of servers distributed in every corner of the world.

For example, Intel, the world's largest chip manufacturer, has about 100,000 servers, Facebook has 30,000, AT&T, the largest telephone company in the United States, has 20,000, and Google has more than 1 million servers! This number is still very scary. Our current Internet is made up of the servers of these giant companies. These servers are always running in the computer room. If you shut down the server, you will not be able to access the content hosted on it. And the current shortcomings in the field of Internet storage are more than that.

Several disadvantages of HTTP:

① HTTP is inefficient and the server cost is expensive. Using HTTP protocol, only one file can be downloaded from a computer server at a time, instead of getting files from multiple computers at the same time. Video transmission through P2P can save 60% of bandwidth costs.

② Historical files are easily deleted. The average lifespan of a web page is 100 days, and a large number of website files cannot be stored for a long time. Some important files may disappear from the Internet forever due to improper operation.

③Centralized networks limit opportunities. The Internet has always been a catalyst for human progress, but centralized networks are vulnerable to hacker attacks, which is a major threat to the healthy development of the Internet.

④ Network applications are too dependent on the backbone network. In order to ensure the reliability and security of data, the applications we develop are too dependent on large central servers.

IPFS can solve the above four problems. These four problems are simply century-old problems for the development of the Internet. Just like many unsolved physics and mathematical formulas and theorems, whoever solves them will be deified.

The advent of IPFS, known as the disruptive protocol at the bottom layer of Web3.0, is enough to change the entire Internet landscape. This alone is enough to attract many technicians in the world to explore it.

Can IPFS replace HTTP? We will all wait and see.

IPFS is not just an ordinary hypermedia transmission protocol. It integrates the advantages of four technologies: distributed hash table DHT, BitTorrent, Git, and self-verifying file system SFS. It uses DHT to achieve content retrieval, and uses BitTorrent to achieve block storage, block transmission and reward mechanism. It uses Merkle DAG in Git to share and modify large files, and uses SFS to ensure the authenticity of data distribution. It can be said that IPFS is the culmination of the field of distributed storage.

In 2019, the overall scale of China's network information security market reached 52.31 billion yuan, with a growth rate of 25.37%. At present, the world generates more than 50 billion GB of data every day. According to the prediction of senior blockchain experts, this data will exceed 400 billion GB by 2025. IDC predicts that by 2025, the global data output will exceed 160ZB, and my country's data will reach an astonishing 48.6ZB (the compound growth rate from 18 to 25 years will exceed 30%)!

Seeing such figures, imagine that if distributed storage can account for 30-50% of the market in the next 3-5 years, then what will be the market value of Filecoin, the corresponding IPFS? There is no need to estimate this.

IPFS has partnered with Microsoft

Whether it is various industry conferences, cryptocurrency circles, or various research and evaluations, as well as the futures price references of exchanges at this stage, and the application mechanism of Filecoin bundled with IPFS technology, they all indicate that the price of Filecoin will reach around RMB 1,000 in the near future, and there are even price estimates of more than RMB 2,000 to 3,000.

If this is true, the price of early participation in the fundraising has doubled by 10-100 times. According to the current purchase of Filecoin servers, it has doubled by 5-15 times to 1,000 yuan! The entire currency circle needs such a valuable currency, and the popularity of Filecoin reaches more than 200,000 per day! Therefore, the trading popularity after the mainnet is launched and logged into the exchange (currently N top exchanges in the world have announced the listing of the currency) must be very high, and the consensus alone is enough to attract many people.

Of course, there are no ifs in the world, only cause and effect. The "cause" is that you participated in the Filecoin project, and the corresponding "result" is that you will gain wealth value. At the same time, there is also the "cause" that you chose different Filecoin manufacturers, and the corresponding "result" is that you will gain different wealth values.

Why is this happening?

Because among the 200-300 IFilecoin manufacturers in the world, less than 20 have real technology, and even more than 80% of the manufacturers cannot mine any Filecoin coins. This is quite scary. For those individual investors who have already purchased Filecoin servers, your wealth value has been determined at the moment of choice.

Although there are so many ifs above, all of these ifs are possible, so Filecoin itself has no risks. The real risk lies in the choices of each investor.

If you are unable to judge your own strength, then go to Filecoin’s official test network computing power list. The top node manufacturers will receive more rewards. From the 4.1 million Filecoin reward mechanism, you should know that Filecoin uses computing power as the final result, so did you make the right choice?