Filecoin is a protocol token whose Blockchain runs on a novel proof, called Proof-of-Spacetime, where blocks are created by miners that are storing data. Filecoin protocol provides a data storage and retrieval service via a network of independent storage providers that does not rely on a single coordinator, where: (1) clients pay to store and retrieve data, (2) Storage Miners earn tokens by offering storage (3) Retrieval Miners earn tokens by serving data.
Filecoin is IPFS's project.
The recent SEC ruling that Initial Coin Offerings (ICOs) must comply with securities registration laws had resulted in apprehensions that...
Limited Supply: a total set by the token sale
USD, BTC, ETH, ZCash