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Filecoin – filecoin.io

Filecoin is an open-source cloud storage marketplace, protocol, and incentive layer. The Filecoin blockchain is a chain of tipsets rather than a chain of blocks. A tipset is a set of blocks with the same height and parent tipset. Therefore, multiple storage providers can produce blocks for each epoch to increase network throughput. The Filecoin Virtual Machine (FVM) is a runtime environment enabling users to deploy their own smart contracts on the Filecoin blockchain.

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Filecoin


Filecoin Categories

Categories that this web3 project has been tagged with in the Watch Crypto web3 directory are:


Blockchain Ecosystems

Blockchains and distributed ledger technologies (DLTs) that Filecoin is integrated with or built on include:

Additional web3 protocols that Filecoin is integrated with include:


Token Earn Modules

Earn modules for getting airdrops and rewards for Filecoin include:


Filecoin Video


Filecoin Niches, Relevant Terms, and Keywords

Filecoin falls under the following web3 niche topics and keywords:
Web3, Crypto, DeStorage, Decentralized Storage, Web3 Storage.


Filecoin Token Status

Token status:
Live Token

Ticker Symbol: FIL
Name: filecoin
Price and Charts: https://watchcrypto.info/cryptocurrencies/FIL/filecoin


Filecoin Overview, Team, and Links

Filecoin is an open-source cloud storage marketplace, protocol, and incentive layer. The Filecoin blockchain is a chain of tipsets rather than a chain of blocks. A tipset is a set of blocks with the same height and parent tipset. Therefore, multiple storage providers can produce blocks for each epoch to increase network throughput. The Filecoin Virtual Machine (FVM) is a runtime environment enabling users to deploy their own smart contracts on the Filecoin blockchain.

Filecoin is a decentralized data storage network designed for long-term archival storage and retrieval of large-scale data sets. It operates using a combination of PoS (Proof of Stake) and PoC (Proof of Collaboration) consensus algorithms to enable secure and cost-efficient data storage solutions. Filecoin is still in development but has potential to disrupt the traditional centralized cloud storageiers by providing users with more privacy, control, and ownership over their data. Its open-source architecture also invites contributions from developers to build new use cases and functionalities on the platform.

Website:
The official website can be found here: https://filecoin.io


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