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Analysis of key contents of the Filecoin miners' meeting

Read this article in 15 Minutes

NSE will not be used before the main network, and the algorithm will be updated after the main network

Original title: "force review | Filecoin miners conference highlights analysis"

Original author: IPFS force zone

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On May 29, 2020, Filecoin officially organized the second miners' conference, which responded to many important questions from miners:

Colin introduces the community as a whole

Juan introduces the validation nodes and the overall assumptions of the economic model

Ian introduces the test net incentive plan

Answer community questions

This article by small series to take you back to the main content of the conference:

1) NSE will not be used before the main network, and the algorithm will be updated after the main network
2) test network incentive plan
3) verify the assumptions of the node and the Filecoin economic model

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The community is

The nodes of IPFS are growing at a rate of 10x per year and have now reached 400k+ nodes. & have spent

The cooperative team is growing gradually, and the whole ecology is expanding rapidly. & have spent

Early dapps, such as Openbazzar, developed smoothly;At present, a large number of dapps have been put into use.& have spent

Currently, IPFS is storing valid data for the world at a rate of 2.5 exabytes per day. & have spent

As an important part of ecology, our filscan. IO plays an increasingly important role.

Validation of the node

This is the most important PART of this conference. You have watched it carefully.

Juan personally parses the validation nodes in the Filecoin valid storage:

& have spent First of all, you need to note that the build of the validation node is still in progress, so for now it's just a reference.

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Centralized cloud storage

Data control, data disappearance brought by APP disappearance

So, for Filecoin, what it wants to do is optimize storage:

Efficient data storage market

Verifiable storage

So, how do you achieve this optimization?

"When it comes to storage, the key question is not 'do I trust you?' but 'how much do I trust you?'" Juan says.

Because in storage, there are three kinds of nodes: honest, rational, and malicious.

To prevent malicious miners from running wild, Filecoin adds validation nodes that allow miners to store valid data.

& have spent Criteria for verifying nodes:

Geographically dispersed;

An independent person or institution in good standing;

Understand the Filecoin application scenario: the benefits of correct verification are much greater than the bribe;

Will limit the number and amount of verifiers, about 10 institutions, about 100 independent individuals;

Network governance: community discussion, evidence of violations. The executive committee will disqualify the verifier.

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You can save one more piece of data to speed up retrieval;

It is difficult to distinguish between a malicious order and a real one;

One solution for layer 2 is to differentiate between validation nodes rather than data;

Data size is very important. The risk of trusting a 10G validation node is less than that of a 10P validation node.

If the malicious node is less than 5%, then the risk is small;

From this point of view, the official pursuit of storage is no longer blindly, but real data;

The more real information you have, the more you can prove the real order.

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As a result, the likelihood of other customers becoming validators is low.

Test network excitation

Finally, the official mentioned the 100W FIL test reward and the great miner plan that users are most concerned about at the current stage:

Time: three weeks

Bonus: probably more than one million FIL

Requirements: to get a reward incentive by encapsulating storage, the list will show the miner/company name, while the miner must accept the storage and retrieval transaction request

NSE algorithm

Officials have made it clear that NSE will not be used before the main network, and the algorithm will be updated after the main network.