The IPFS full-ecosystem "Technical Gathering" discussion meeting ended successfully, and discussed the launch of Filecoin's second test

With the gradual implementation of the national infrastructure and 5G strategic plans, the amount of data generated globally each year will grow rapidly at an even more explosive rate, and data will inevitably become the primary means of production for future business.

At the same time, data storage will become a basic project in the two major fields of the Internet and blockchain. As the only incentive layer of the IPFS protocol, Filecoin can migrate massive amounts of data into a distributed, decentralized data storage system to ensure data security, the fastest distribution, and a smooth experience.

In 2020, the Filecoin mainnet is about to be launched. At 6:10 am on May 15, the Filecoin second phase testnet was officially launched.

At 13:30 that afternoon, the second test launch special event - the technical seminar "Please! Filecoin" was held as scheduled, hosted by IPFS media Interstellar Vision IPFSNEWS and co-organized by Matcha, BIKI , 1475, NiuChain Storage, Yuanxin Network, Zhejiang Huatong Cloud, Maizi Wallet, ChainX, and Origin Protocol.

The purpose of this seminar is to gather the leading forces of mining and ecological parties in the IPFS/Filecoin field, including trading platforms, Filecoin miners, IDC computer rooms, wallets, public chains, applications, etc., through the industry key points of the launch of Filecoin's second test in the form of an online video roundtable live broadcast to jointly discuss the direction of technological development.

The IPFS track has always been considered a "battlefield" for global trading platforms. In this regard, Michael, deputy director of the Matcha Research Institute, said that he would pay close attention to the progress of FIL and follow up in real time. The launch of the FIL mainnet has touched the hearts of many people, and its impact is far-reaching, and it will also have a lot of impact on exchanges.

The most obvious thing is that the launch of FIL will attract more attention from outsiders to the blockchain industry, bring new traffic to exchanges, increase the popularity of exchanges, and play an important role in promoting the prosperity of the blockchain industry. Here, as one of the rapidly emerging mainstream exchanges in the blockchain industry, Matcha will always adhere to the principle of user first, starting from the user's perspective, comprehensively evaluate and risk-check projects from multiple dimensions such as security, valuation, and development potential, and ensure that no serious problems will occur. After that, we will launch excellent blockchain projects as soon as possible and strive to contribute to the development of the blockchain industry.

BiKi Vice President of Business Tang Shi said that the entire IPFS ecosystem is undoubtedly booming and developing rapidly. As for Filecoin, the current consensus is that this is a phenomenal project that is expected to enter the top 10. What is even more exciting is that because of the IPFS protocol, a large number of derivative projects may emerge, creating a crowd-creation boom similar to ETH.

Since it is a blockchain project, it is inseparable from the price of coins. From ICO to now, the global digital currency market has been waiting for this project for three years, and the market expectations are very high. Judging from the mechanism of ICO and the currently speculated strategy of pledge mining, the market will be extremely deflationary in the first six months. If there are not enough tokens in the secondary market, everyone will turn their attention to the primary mining and computing power market. To a certain extent, a virtuous circle will be formed.

At present, the amount of funds surrounding Filecoin mining may be as high as tens of billions. Although half of the mining machines may not be able to mine the first mine, the market and users have been educated. From another perspective, the launch of Filecoin will definitely lead to a large number of similar projects, computing power projects and dual-mining projects. It may inject a shot in the arm to the current weak digital currency market.

To put it another way, after Filecoin went online, the price of the currency was forcibly interfered with by the monopoly of computing power, making the price of the currency and the market not as expected. There will definitely be derivative projects that continue to absorb funds from this tens of billions of market.

Andy, a representative of the new force in Filecoin mining and co-founder of 1475 nodes, said when talking about the recent official sale of hard drives, purchasing official hard drives is only one way to obtain valid data, but not the only way. The official hard drive is only a carrier of valid data, and the valid data will be reviewed and distributed by an autonomous organization on the chain in the future.

When asked why Filecoin has been delayed so many times , Andy said that the entire Filecoin mining process is very complicated. It requires both consensus verification and verification of stored files, so it places extremely high demands on security, stability, and efficiency. The overall development difficulty is also beyond initial imagination. The current version has realized basic functions, and will continue to be optimized after the mainnet is launched in the future.

It is reported that the 1475 team was established in May 2018. Its core members include big data and AI algorithm experts from Baidu, Accent, Google, UnionPay and other companies, and hardware experts with 20 years of experience from Intel. The 1475 team integrates a group of industry experts who have conducted in-depth research on IPFS/Filecoin, and is committed to providing professional distributed storage solutions based on the IPFS network. The team combines hardware development and software optimization to create high-performance terminal storage devices, stable and secure computer room network systems, and efficient storage algorithms, focusing on the goal of effectively improving effective storage within the Filecoin network.

Guo Hong, the founder of NiuChain Storage, shared that Filecoin, as a blockchain distributed storage project, consists of two basic elements. First, there must be a stable running chain, and second, the chain must have good functions.

The first phase of Filecoin testing mainly addresses the problem of chain stability. At the same time, miners need to test their own packaging speed, mining machine configuration scheme, and input-output ratio. During this period, the official also updated multiple versions. The first version was relatively fragile, and the stability was greatly improved after the update. The third version is characterized by very fast changes, almost every two or three days, which also reflects that the official is constantly conducting experiments to verify various situations.

The second test includes two important sections: the interaction of four versions and the large miner test. Many functional tests will be included.

As one of the earliest Filecoin mining machine technology companies, NiuChain Storage has participated in more than 10 official tests of various sizes since the first Filecoin developer network test, conducted more than 120 practical tests of various mining machines and mining solutions, and has served more than 40 mining machine companies.

When talking about the IDC computer room, the core link in the Filecoin mining chain, Chen Jun, founder and CEO of Shanghai Yuanxin Network Technology Co., Ltd., said that the selection criteria for the IDC computer room are very important. The time the computer room has been put into operation, construction investment, construction scale, total import and export bandwidth, line access, and operation and maintenance service level are all important reference indicators.

Yuanxin Network can provide customers with four layers of operation and maintenance protection, including infrastructure operation and maintenance, hardware equipment operation and maintenance, system operation and maintenance, and network operation and maintenance. Security threats run through the entire business chain of digital currency, and single-point defense cannot be done. Yuanxin Network provides overall security solutions from DDOS, business system intrusion prevention, office network security, business risks, and operation and maintenance management.

Wang Yang, CEO of Huatong Cloud, said that as a wholly-owned subsidiary of Zhejiang University Network New, Huatong Cloud's overall tone is to deepen its presence in the blockchain industry, with the goal of building the largest computing power data center in East China and even the country. Huatong Cloud Data Center has strong capabilities in delivering computer rooms:

In 2002, the Wasu Zijinghua Road computer room was delivered;

In 2012, Zhuantang Data Center was delivered;

In 2013, Shanghai Jinqiao Data Center was delivered;

Qingshan Lake Data Center was delivered in 2014;

In 2015, Qiandao Lake Data Center was delivered;

The Sandun Data Center was delivered in 2016;

Xixi Data Center was delivered in 2017;

In 2018, the Guangzhou Panyu Data Center was delivered;

The Chengdu data center (10,000 racks) is expected to be delivered by the end of 2020.

The racks delivered by Huatong Cloud in Qiandao Lake Data Center have a power of over 11KW per cabinet. The power of traditional data center cabinets is generally around 5KW. High computing power will lead to high energy consumption. The solution to the bottleneck is to use a patented technology of Huatong Cloud - "Surface freshwater direct supply cooling technology". That is, super water pumps are used to extract low-temperature water 30 meters below the water surface of Qiandao Lake, and send it to the data center through pipes for heat exchange. Finally, the water is discharged into Qiandao Lake through a 1-kilometer-long landscape river after complete heat dissipation. This has also passed the review of the Zhejiang Provincial Environmental Protection Bureau and will not cause any damage to the ecology of Qiandao Lake.

As a strategic partner of Interstellar Vision Wallet, Eric, CTO and Co-founder of Maizi Wallet, and Lu Yaoyuan, Product Manager, were invited to participate in the wallet discussion at this seminar. They gave a comprehensive and in-depth explanation of the characteristics and differences of different types of wallets, the development trends of mainstream wallets, and asset security.

Eric shared that MathWallet currently supports 43 public chains, and support for Filecoin has long been in the plan. After the next major version of Filecoin is updated, a wallet that supports the current test network will be launched.

When talking about how wallets will layout the Filecoin track, Lu Yaoyuan mentioned that Math Wallet will participate in Filecoin in three aspects: First, support Filecoin on multiple platforms, so that existing and new users can easily and quickly enter the Filecoin ecosystem and lower the threshold for wallet use. Second, with the help of Interstellar Vision's in-depth/professional information in the Filecoin field, guide users to understand and correctly view Filecoin. Third, talking about Filecoin without applications is like a tree without roots. Math Wallet will continue to support Filecoin applications in technology, continuously optimize the user experience, and provide technical exchanges for developers who want to develop applications on Filecoin.

As a cross-chain gateway for digital assets, ChainX will become a cross-chain hub for assets in the blockchain world.

ChainX CMO Kristen said that ChainX is currently bridging Filcoin and maintaining close communication and cooperation with the Filcoin development team.

The characteristics of blockchain networks represented by Bitcoin and Ethereum are small block capacity (small amount of data on the chain) but huge transaction volume. The current "ledger" is already several terabytes in size. For individual nodes, the amount of data is very large.

ChainX's exploration of FIL cross-chain is to leverage Filecoin's storage advantages to solve data storage problems. Through the Filecoin transfer bridge, future parachains and Dapps will store data on the Filecoin network.

The IPFS/Filecoin ecosystem, like the Polkadot project, is a blockchain infrastructure with a large number of miners, users, and communities. ChainX cross-chain is also to introduce FIL assets into the Polkadot community. In the future, the strong combination of the two parties will form a huge network effect. On the other hand, it can bring smart contracts to FIL, and in the future, FIL lending, Defi and other scenarios will be implemented.

Leslie, head of Origin Protocol China, believes that the launch of Filecoin will greatly promote the use of IPFS. By incentivizing the mining mechanism with tokens, all users around the world will contribute their own space. This change will have a profound impact on network storage applications including Amazon AWS. At the same time, it will also bring a qualitative leap to current blockchain projects, especially various applications that need to be deployed in decentralized storage space. This result will be clearly reflected in the direction of user experience.

Origin provides a decentralized e-commerce platform for Brave and more future ecological partners. The platform is built on the IPFS network. The launch of Filecoin will enable all users of Origin Potocol to use our services more quickly and safely. At the same time, the continuous expansion of Filecoin's incentive effect will bring more potential users to Origin. I believe Origin will be a powerful supplement to Shopify.

From trading platforms to large miners to traditional giants to wallets and then to applications, Filecoin, as the most consensus-based non-POW public chain in the new mining circle, has attracted great attention from the entire industry since its launch this year.

Filecoin is expected to bring about industrial changes and technological leapfrog development in the storage and security of global data with multiple consensuses such as PoSt consensus, PoRep consensus, and EC consensus, becoming the most noteworthy new field of technological innovation in the mining circle in 2020.

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