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>> No.57147137 [View]
File: 46 KB, 690x338, IPFS.png [View same] [iqdb] [saucenao] [google]
57147137

>>57147012

I bought 4 days ago at $6, and think its way undervalued.

Filecoin is at it heart a Proof-of-"Work" coin, but the work is actually something useful: Nodes "mine" by providing dezentralized storage. FileCoin combines a few inherently useful features:

> capped supply, "mining", fast transactions system with low fees
> smart contracts platform
> dezentralized storage

it is a infrastructure project for web3, much like a decentralised AWS. One of its main competitors is ICP.

Filecoin is built buy the same buy that build IPFS ( InterPlanetary File System, see pic attached) and libp2p (basically every ETH2.0 client uses this library lol)

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