Filecoin


The Filecoin network achieves staggering economies of scale by allowing anyone worldwide to participate as storage providers. It also makes storage resemble a commodity or utility by decoupling hard-drive space from additional services. On this robust global market the price of storage will be driven by supply and demand, not corporate pricing departments, and miners will compete on factors like reputation for reliability as well as price.

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Cryptocoins Exchanges / CEX.IO - 1 month ago

CEX.IO Spotlight: Filecoin (FIL)

Key Information: (July 6, 2022)Β  Circulating Supply β€” 227,833,975.00 FIL Total Supply β€” 227,833,975.00 FIL Sector β€” Decentralized StorageΒ  Token Type β€” Native Token Token Usage β€” Incentivizing MinersΒ  Consensus Algorithm β€” Proof of Replication (Po...