Why do so many people believe that FIL will soar?

Because, I am an IT practitioner, this coin has a high technical threshold, which cannot be made by a team of three-legged cats, and the gray-scale team studied it for several months before deciding to buy it, and there are many other things that are good for some details, and it is not for the sake of making money. I'll wait and see you in three years.

cognitive aspect. People can't make more money than they know. In other words, people who believe that FIL will go up are all because FIL did go up, and they did make it, as simple as that.

because of faith. The IPFS project is likely to truly change the status quo of Internet storage. At present, Huawei, Google, Tencent, etc. are all laying out this track.

because of the times. Bitcoin was said to be a scam when it was a penny, and it was said to crash immediately when it was 1W, but now it is 4W. This era belongs to the era of blockchain, and it is the most appropriate choice to follow the times.

In addition, tell me something about myself. I bought 2W when the FIL was 38 yuan, and earned. I started mining at 8, and now I dig 4 coins a day. It has enabled me to achieve a leap. Why don't I value it?

The Filecoin project has its growth value in the future, and its currency price will go up for several reasons.

First, Filecoin is not only a digital currency, but also a specific application scenario. Looking at it now, it mainly promotes application scenarios. In the future, all developers and application scenarios will break out, and the demand side of FIL will buy FIL.

second, the value of FIL is underestimated at present. On the face of it, it is about $9 million, which is not even among the top five in digital currency, and its value is underestimated. A year later, its mobile disk reached about 1 million. Suppose that the market value of FIL is in the top five after one year, and the currency price is about 5 dollars. According to the current trend, it is still possible to reach this price in three to six months.

conservative valuation of FIL (Filecoin)

According to the distribution mechanism of coins in the era of Filecoin financing, the total circulation is 2 billion pieces, of which 7% (1.4 billion) is reserved for miners. The rule of mining is to halve the block reward every six years. In the first year, 44, pieces were released every day, with an average release of 158.4 million pieces a year.

Then a world-recognized project like this will at least rank among the top 1 in digital currency's market value. At present, the 1th place is Star Coin, with a market value of 1 billion RMB. Next year, 158.4 million pieces will be issued, so one piece will be around 63.13 RMB.

Imagine the valuation of FIL (Filecoin), so we might as well make a bold estimate of this market.

in 218, the global storage market will be $4 billion, so if you divide it by the 158.4 million pieces released next year, it will reach $2,525.25. Of course, it is impossible for IPFS to overthrow the traditional Internet HTTP as soon as it goes online. If it is calculated according to the market share of 1%, it is $252.525.

if we think further, not all the FIL issued will be circulated to the market. After all, people with insight will hoard good currency, so it is generally 2% (158.42 billion pieces) according to circulation to the market, so it is 1,265.8 US dollars, which is equivalent to 8,86.6 RMB.

We can further imagine that with the arrival of 5G, the demand for human data storage will increase exponentially. By 225, the global storage market value will reach 23 trillion US dollars. By that time, HTTP has been eliminated, and 23 trillion is all distributed storage. By then, among many distributed storage projects, IPFS has the best chance to take the lead. If IPFS has a market value of $2 billion, one of the 95.4 million FILs issued at that time will be worth nearly $2,!

There is another detail. In 226, the FIL will be halved! Looking at the history of BTC, every time it was halved, it immediately ushered in a bull market. In 212, it was halved. In 213, the price of BTC in the bull market increased from 2 US dollars to 1,2 US dollars. In 216, it was halved. In 217, the price of BTC in the bull market increased from 65 US dollars to 19, US dollars. If you miss btc, you might as well catch filecoin.

In fact, those who firmly believe that FIL will soar are the speculators in the currency circle. Almost all of these speculators know little or nothing about blockchain technology, only know IPFS technology, so they think that FIL will definitely rise.

The source code of IPFS (Distributed Storage) is open. This technology is really revolutionary and has been widely used. Some domestic head enterprises are also introducing IPFS technology, including Huawei.

what is fil? In fact, it is a kind of virtual currency reward for the hard disk that provides storage resources. In fact, this kind of reward has no practical value, but it is considered as a token by many coin speculators, who give it the value of speculation.

judging from the recent plunge in digital currency, many people understand a truth: digital currency is just a sickle, and many speculators are just leeks, which can only be slaughtered forever!

A country reaps the global wealth through digital currency such as Bitcoin and Ethereum. I hope that friends in the currency circle will wake up, the currency circle is risky, and it is ok and cherished!

please leave a comment if you agree, thank you!

I just wrote fil yesterday, but I didn't expect it to rise today. . . What a psychedelic market

As the leader of blockchain storage, the value of fil is self-evident, and some netizens sent me a message saying that I have talked less about fil recently. Since there is no new breakthrough, let's talk about what happened before. Let's briefly talk about his strengths and weaknesses

First, look back at the relationship between ipfs and filecoin

I don't know how many people read my articles before, and then look back briefly, many people should be unclear. The relationship between Ipfs and fil. IPfs is an underlying network protocol, or rules, which stipulate how to save files, how to take files and how to slice files. This is not a blockchain < P > and fil is an incentive mechanism. It is a blockchain and can be understood as an information trading market on ifps. Its function is to blockchain the information on ipfs, that is, to prove that you have saved information, get rewards by storing and retrieving information, and put your stored related records on the blockchain.

Simply understand, each node on ps stores data, while the blockchain puts hash values and encrypted records.

in short, ip fs is a distributed storage system. Not a blockchain, fil is the incentive mechanism of ip fs, it is a blockchain.

second, the advantages of fil

are obvious. It should be so few.

first, the scale. At present, he is the leader in storage. And there are not many challengers.

Take the btt of Brother Sun as an example. Anyway, as soon as I heard his name, I was a little scared. This man is too good to know others. Anyway, I didn't dare to do it.

Another example is bzz. In fact, this technology was quite good, and it solved the relationship between the amount of traffic and the settlement on behalf of B.. It could have created a new K-digging mechanism. < P > As a result, the economic model of the project was designed to be too junk, which could not give people sustainable income, and there was no explosion, only retrieval. It's like developing a taxi software, and as a result, there is no car to play, no basic salary, and everyone stares, which is what it is now.

another example is some storage on the wave card. I just want to say that if I buy these, I will go to Boca or Cassama. Or if you have good information, get in and out quickly when he pledges.

in a word, these things can't be compared with fil.

second, there are many technical integrations.

Mr. Juan should specialize in storage. You see, they made ipfs, which directly upgraded the bit torrent protocol to the next era.

And he has made a new breakthrough in fil's knowledge of storage. For example, copy proof, spatio-temporal proof, a large number of parallel calculations, 11 layers of encryption and decryption, and data encapsulation at various stages. The storage ratio is used instead of computer computing power as a brand-new knowledge mechanism. More environmentally friendly, more friendly.

In the mechanism of bursting blocks, the mechanism of random number algorithm is used for reference. Get a random number from the block in the last round, and determine a certain range of random numbers according to the proportion of your computing power in the whole network. If the calculated random number is less than this range, you can get a reward, which is a bit like pow's checking calculation. You don't need to know that this method is to increase uncertainty. Because if everyone knows about the node, they will attack you.

This practice originated from the project of Elgrund, also called Aragon, algo, which makes the node of the explosive block more uncertain, and is also called multi-round secret election. There are rewards for continuous blasting, and miners also have continuous income. This is where he is better than bzz.

Third, the economic model is scientific.

what is an economic model? To put it bluntly, it is to divide the money. Participants in a project, including the project side, are bearded himself, K workers, or storage servers, and investors, big Z gold or small retail investors, and holders of B.

because of filecoin's great vision. So he is very cautious about the incentive mechanism of tokens. It can be seen from linear release, token distribution, key pledge and destruction. A large number of tokens are locked in this network, which greatly reduces the circulation. See my previous article for details.

The destruction mechanism is even more cruel. Ethereum gave the money to the miner, and fil directly sent him to the irreversible address. Ethereum was also jealous, and later learned this trick, such as upgrading in London.

third, the shortcomings of Fil.

First, it relies too much on blockchain performance.

as I said in my last article, the fil chain is very different from other chains. He has higher performance requirements for the blockchain, that is, Tps, which handles the number of transactions per second. Transactions per second.

the essence of fil is to blockchain the fragmented data on ipfs. Simply put, the data exists on the node, and the hash value of the data exists on the blockchain. As mentioned earlier.

The traditional blockchain is to store some transaction data, intelligent contract execution results, and so on at most, while fil uses this chain to store all its data.

in the process of continuously storing data, bandwidth and network resources will be continuously consumed. So the fil network was blocked in a mess a while ago. This is more troublesome, because this is only the first step in this chain. Later, he also has the function of searching and so on.

I'm thinking, if we encounter extreme situations, such as the network is too congested, it will be blocked directly. Will that directly punish you for pledging B? It's hard to say, for bandwidth, hardware performance requirements are very high.

fortunately, however, the project party has been doing things. In the past, it used the method of submitting through multiple sectors and bundling the calculation results, which alleviated the network congestion to a certain extent, but it was not enough in the long run.

Second, the vision is brilliant. If it is difficult to realize, it will change over time, and it will be difficult to make a wedding dress for people.

This is a double-edged sword. fil is a project with a grand vision, and many people simply understand it as storage on the Internet. Actually, it's not that simple

The existence of FIL is to make ipfs fall to the ground, and more people are willing to use ip fs, which is equivalent to completely changing the rules of the Internet. For example, the new Internet protocol you designed in 214 is an open source project, and the design goal is to realize the permanent storage of data, clear the duplicate data on the network, and obtain the data addresses stored on the nodes in the network.

it is an open source project, a hypermedia transmission protocol based on content addressing, versioning and peer-to-peer, which allows participants in the network to store, request and transmit verifiable data with each other, and it is a new generation communication protocol for benchmarking Http.

Finally, I would like to say that the goal of IPFS is to build a more open, fast and secure Internet. Personally, I think it has unlimited potential.

FIL was launched in October last year. As early as May 214, Labs (Protocol Lab) was founded, which can be described as a gathering of elites. At present, the core team consists of more than 76 talents, who come from world famous universities such as Stanford University, Massachusetts Institute of Technology and Harvard, and more.

IPFS investors are also very powerful. 1. Sequoia Capital 2. Winklevoss Brothers Fund 3.FundersClub, etc.

The relationship between IPFS and Filecoin

The underlying protocol of IPFS distributed storage

Filecoin is a decentralized storage system based on IPFS network protocol

Filecoin adds a market mechanism to adjust the storage book on the basis of IPFS protocol. At the same time, the incentive mechanism has been added to ensure the stable operation of the system

How can so many devices become multiple "mobile hard disks"? Just like Didi taxi and Aiebnb, devices can enjoy * * * by using rewards, and the benefits are bundled. The more you contribute, the more rewards you will get!