Filecoin News

Filecoin is a decentralized platform for data storage. The Filecoin project was launched by California-based technological company Protocol Labs in 2014. The main purpose of Filecoin is to create an efficient solution for storing data, which is based on protocols of decentralized network IPFS (InterPlanetary File System). IPFS was also developed by Protocol Labs to replace the existing HTTP with a content-addressable, peer-to-peer method of storing and sharing hypermedia in a distributed file system. According to Filecoin’s white paper, the main idea is that their users should install special software that allows them to store data on PC’s hardware. As a reward, users receive Filecoin and exchange them on other digital or fiat currencies. The Filecoin ICO was conducted in 2017. Filecoin mining is able to be done through their official software.
The service provider also announced the launch of a new system upgrade to increase yield efficiency.
Filecoin service provider announces move to Singapore in light of tightening restrictions in China
Judith BannermanQuist
“Filecoin is more than just storage, one can think of it as an Airbnb for cloud services."
More resilient and user-controlled than AWS: Colin Evran's vision for Filecoin
Zhiyuan Sun
Price Analysis
If BTC bounces from its key underlying support, ADA, ATOM, FIL and EOS could break out.
A range-break from Bitcoin could trigger buying in ADA, ATOM, FIL and EOS this week
Rakesh Upadhyay
Price Analysis
Consolidation from BTC has opened the door for BNB, UNI, FIL and THETA to run higher.
Top 5 cryptocurrencies to watch this week: BTC, BNB, UNI, FIL, THETA
Rakesh Upadhyay
Decentralized storage providers are proving to be the backbone of Web3, but what does this mean for centralized web service providers?
Decentralized storage providers power the Web3 economy, but adoption still underway
Rachel Wolfson
Price Analysis
Technical charts indicate that BTC, XRP, LINK, BCH and FIL may be on the verge of a sharp breakout, but traders are unsure of the direction.
Top 5 cryptocurrencies to watch this week: BTC, XRP, LINK, BCH, FIL
Rakesh Upadhyay
Altcoin Watch
FIL might be more than 70% away from its all-time high, but derivatives data shows traders are steadily building leveraged positions.
Bulls target $100 Filecoin (FIL) after data points to improving fundamentals
Marcel Pechman
Filecoin has become the official storage partner of the Flow Blockchain, with the firm working to provide decentralized storage for NFTs minted on Dapper Lab's ...
Flow integrates Filecoin storage services to make NFTs more decentralized
Brian Quarmby

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