Ipfs began in 2014 and has been around for seven years now. From the day it was born, filecoin has always maintained a certain degree of activity, in addition, you can see the application of the field of ipfs continues to develop, now ipfs has a huge ecosystem of its own.

The filecoin ecological panorama released by Ipfs’s official lab covers applications and clients, protocol labs, developer tools, infrastructure, ecological capital, and so on. In addition, according to IPFS officials, there are currently more than 200 apps based on IPFS, so there is a huge market for IPFS.

 

Filecoin is the motivating layer of ipfs, and hopes to encourage people to provide distributed storage space through blockchain. Filecoin network constructs a distributed storage market for long-term storage, where nodes with large storage capacity can lease storage space to storage users. It ensures that data is stored securely, but the process of storing, validating, and unpacking comes at a cost that is not cheap and takes a long time. Maintenance, which opens up an additional search marketplace where dedicated nodes can help pay for content delivered from the network quickly by retaining unopened cache copies.

Filecoin can be seen as a cold storage layer, ideal for securely storing large amounts of data, or as a hot storage layer, designed to quickly retrieve and distribute content

So what is filecoin's economic model?

Economic models are highly abstract models of the real world using digital models. By designing an accurate, complex and specific economic model, we hope to be able to guide, simulate and predict the future economic development rules and trends. But in the area of blockchain, it is not easy to build a real borderless business empire with a perfect economic model.

Filecoin has officially designed a benchmark casting model, as well as a pledge model. Pledge model is divided into two parts, one is called storage pledge, the other is called consensus pledge. The initial storage pledge is based on the balance of two parts, one is the future sector revenue, and the other is based on punishment. In addition, the economic model deals with the following issues: first, sector quality, second, how to verify the authenticity of the data, and third, how to estimate the daily block rewards.

In general, distributed storage protocols are emerging, complementing http with a global, point-to-point distributed version of the system that connects all devices with the same file system. Faster, more secure and more stable web pages can be obtained by simply verifying the hash of the authenticated content, and ipfs plays an important role in building a new generation of Internet transport protocols.