Filecoin

E773509

Filecoin is a decentralized storage network and cryptocurrency that incentivizes users to rent out unused hard drive space for storing data on a distributed, blockchain-based marketplace.

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Statements (48)

Predicate Object
instanceOf blockchain protocol
cryptocurrency
decentralized storage network
abbreviation FIL NERFINISHED
basedOn blockchain technology
consensusMechanism Proof-of-Replication NERFINISHED
Proof-of-Spacetime NERFINISHED
creator Juan Benet NERFINISHED
dataRedundancy distributed across multiple storage providers
dealType retrieval deals
storage deals
developer Protocol Labs NERFINISHED
economicModel retrieval mining
storage mining
ecosystem Web3 infrastructure
governedBy on-chain governance mechanisms
hasComponent Filecoin Virtual Machine NERFINISHED
hasOrganization Filecoin Foundation NERFINISHED
hasTestnet Butterfly testnet
Calibration testnet NERFINISHED
incentivizes long-term data storage
users to rent out unused storage
mainnetLaunchDate 2020-10-15
nativeToken FIL NERFINISHED
networkDesign market-based storage pricing
networkType public blockchain
openSource true
penaltyMechanism slashing
purpose decentralized data storage
incentivized storage marketplace
requires collateral from storage providers
retrievalMarket decentralized
rewardType block rewards
transaction fees
securityModel cryptographic proofs of storage
storageMarket decentralized
supports content addressing
deals between clients and storage providers
smart contracts (via FVM)
tickerSymbol FIL NERFINISHED
unit attoFIL
useCase NFT storage
archival data storage
decentralized application data
scientific and public data preservation
uses IPFS NERFINISHED
website https://filecoin.io
whitepaperURL https://filecoin.io/filecoin.pdf

Referenced by (1)

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RenVM supports Filecoin