Partnered With:

Filecoin miners: I feel like the project is dying as the mainnet is approaching

Read this article in 11 Minutes

There are too many official uncertainties.

According to official sources, Filecoin will launch the mainnet when it reaches block 148888, which is expected to be on the evening of October 15th, which means that the community has waited for 3 years for " The "Tianwang Class" project is finally approaching a milestone.

To welcome this moment, a few days ago, including OKEx Many trading platforms, including Huobi and Huobi, have successively announced the official opening of FIL transactions on October 15th. As the mainnet is approaching, many blockchain media have also prepared live broadcasts, and investors are also interested in the launch of FIL. predict future performance.

Behind the seemingly fanaticism, there are also calm worryers. On the eve of the launch of the Filecoin mainnet, Rhythm BlockBeats chatted with Jemin, a senior Filecoin miner. Different from the generally enthusiastic pursuit in the market, Jamin expressed deep concerns about the Filecoin project. He frankly told Rhythm BlockBeats that the mainnet will be launched tonight, but he feels that "this project is going to die."

Mortgage coins are the first threshold for miners to enter the market

Jieming said in his sharing that regarding the two news that the media has reported intensively in the past two days-the official lowered the mining machine quota. The issue of entry barriers, and the news that the official compensation of 100FIL will be given to miner nodes with a negative available balance of Filecoin, so that miners will not have any debts before entering the main network-the impact is not large, and the most important problem still cannot be solved: Mortgage currency. He said, "Big miners still have the computing power of the space race, while small miners have nothing." To make matters worse, the project has recently introduced a series of policies that benefit big miners, which are actually very detrimental to the health of the entire ecosystem. For blockchain miners, gambling is all about long-term benefits. Based on rational considerations, miners will not rush to 5 times or 10 times a week like coin speculators, so miners often pay more attention to the long-term development of the project.

As far as we know, according to the design of Filecoin, each additional 1T of effective According to the current prices of multiple platforms, the current futures price of FIL is about 33 US dollars, and the price of some platforms is even as high as 200 US dollars. This means that if miners want to seal at full speed, they may There is another fee that needs to be paid on top of the miner.

Screenshot Source: Non-small

It is understood that on October 14th, a Filecoin pre-fork project named "Filecash" has been launched. From now on, the 4-week mortgage-free mining will be launched, focusing on the mortgage currency problem that Filecoin has been criticized by others. However, after 1 day, there seems to be no discussion about the project in the community, although there are rumors that A certain online trading platform will be launched, but so far, no trading platform has officially announced that it will support the currency.

The launch of the mainnet is approaching, and the rules for the launch of the mainnet are not yet clear

"I think Filecoin is doing its own thing, giving many opportunities for forked coins."

The closer the mainnet goes live, the more worried Jemin becomes. In his view, the rules of Filecoin are basically formulated based on the project party's own wishes, "such as directly using the test currency as the currency of the main network."

At the beginning of September this year, the official stated in the global community online conference call , the mainnet code will freeze. According to official news, from September 4th, the main network code will no longer update the function, and each miner will test the fit between the equipment and the test and finally optimize it, and the code will be frozen on September 30th.

But to this day, the official has not disclosed the latest code, according to Filecoin core developer "Why" later said that the code base will never freeze.

Screenshot source: GitHub

Currently, the rules for the launch of the entire main network are not yet clear, and everyone does not know what the detailed rules are. It is precisely because there are too many uncertain factors in the project that the team can only do multiple preparations.

As for some recent initiatives by the project side, he also has different views. "We are actually the beneficiaries of the official series of operations during this period, but in the long run, we hope that the entire ecology will develop healthily and benignly, so that we can maximize the benefits of our years of investment in this field. It is not because of official hasty decision-making, and ultimately let the entire ecology bear the consequences.

After several twists and turns and delays, the Filecoin mainnet will finally launch today It has been launched, but many people expressed confusion in the face of this highly anticipated project: what are the parameters of the economic model and the release mechanism? What is the return cycle of miners?

Screenshot source: In previous tests, the Filecoin team changed data in a short period of time

Although distributed storage will have a bright future, but As a miner said, whether it is buying Filecoin or receiving FIL, "there is an element of gambling", and the risk is not small.