How did the authorities reassure people behind the 2-week extension of Filecoin?

How did the authorities reassure people behind the 2-week extension of Filecoin?

Hide This article was originally written by Iris in IPFS Force Zone

Hi, today we are going to talk about Filecoin which has been delayed again.
I'm sure many other people have seen this message:
The Filecoin test reward plan has been confirmed to be extended by 2 weeks. The extension period will be used for testing the new test network so that miners can adjust their configurations, algorithms, etc. At the same time, since the window period is very important and cannot be shortened, the mainnet launch time will be delayed synchronously.
I wonder how many people flipped the table (╯‵□′)╯︵┻━┻ after seeing this confirmation message?
There is nothing much to say about this matter. It is just another delay, nothing new. As Wolf God said, the mainnet launch may be a mess. The current delay is too trivial compared to the huge gap between ideal and reality.
However, I read this blog carefully...
The official is a pig, and it seems that they are trying to trick people again.

Routine 1


The latest blog mentioned that in addition to the 4 million FIL test reward, the official has set up a new 100,000 FIL reward, which will be awarded to the top 20 block earners.

In other words, in addition to computing power, the official will also set up a ranking of block revenue, and the top 20 will share the 100,000 FIL. The rules and requirements of this reward are the same as those of the 4 million.

Why do you say this is a new routine?

Because this reward is obviously aimed at big miners. 100,000 FIL, according to the current price (2020·7·15, 15:49, 16 US dollars , from non-small account ), is 11.2 million RMB.
Of course, the value of FIL cannot be judged by the market price. We need to extend the timeline and wait for the mainnet to be launched.

According to the current network and hardware requirements, the initial launch and subsequent development of the Filecoin mainnet will inevitably rely on the power of large miners, with large miners as the main force. Therefore, in order to provide convenience to large miners and increase their enthusiasm for participation, the first task is to allow them to have enough FIL to participate in the mainnet.

Therefore, whether it is 4 million FIL or these 100,000 FIL, it is actually more of a test to provide motivation for large miners. This is also why large miners attach so much importance to this test and strive for rewards.

I just don’t know if these 100,000 FIL can alleviate the resentment of the big miners a little bit╮(╯▽╰)╭

Routine 2


The blog also mentioned that they are preparing to launch a Filecoin bug bounty program, and even the website has been set up.

According to the plan, the project is designed to incentivize participants to conduct more testing, identify key issues, improve Filecoin, and ensure that all problems are resolved before the mainnet goes online.

That’s right, the authorities have set up more incentives to once again emphasize that they have always placed network stability and security first.
Some people in Slack thought that the official had encountered a bug that needed to be fixed, so the release had to be postponed. (Pointing to the road #fil-chinese)

It was also mentioned at the end that in addition to the goals currently mentioned, other goals and rewards will be added.

In addition to instilling the concept of safety first, this official news is actually intended to appease small miners.

After all, small miners basically have no chance of winning 4.1 million FIL (of course, this does not exclude areas with less competitive competition). However, this "Find the Differences" game is open to everyone, and there are rewards! So small miners can focus on this "Find the Differences" game .

However, does this game have anything to do with the delay of the test? Maybe, the delay of the mainnet launch may extend the duration of the game.

Routine Three


When it comes to the postponement, the official routines are really one after another:

1) Is it a request from the community, or a strong request? It’s not me who wants to postpone the release date. If you want to criticize, then criticize those who are asking for a postponement. Of course, I won’t tell you who those people are.

2) During the two weeks of postponement, we will give you a “mock test” for you to evaluate and adjust on your own. This will help you get better results in the “big test” - I’m doing this for your own good!

3) The window period is crucial, and we really can’t shorten it - so don’t even think about delaying the test, the mainnet will be launched on time; we have emphasized this many times in Slack, this is your choice.

So, do you think the official extension was just a random decision? No, they have fully considered the "compensation" issue for miners of all sizes.
/End.
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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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