2020 Blockchain Twitter Bible: Filecoin

“Filecoin's overall main network work showed a positive trend of increased staking, more active miners, and lower rates.”

DeFi 2020 from Twitter's perspective:

In 2019, Twitter replaced Reddit, Telegram, and BitcoinTalk and became the main communication platform for the US blockchain industry. Gods such as V God and Nic Carter, as well as the most active projects and developers in the DeFi field, communicated and communicated with the outside world through Twitter without exception in 2020.

Amid the popularity of the public chain boom in 2020, Filecoin seems to be a more novel representative. As a new frontier in the digital economy, it has been integrating and improving the miner community, hardware resources, mining pool ecology, etc. to varying degrees, and continues to work hard for the long-term development of distributed storage. This time, we want to take a look back at the most extraordinary year for Filecoin and distributed storage through Twitter.

January

#看好信号

@tyler

Love it so much @MineFilecoin和 @protocollabsh! Thanks too @juanbenet和 @jesseclayburgh! It's one of the most important crypto projects since Bitcoin and Ether, and one I'm really excited about in 2020!

At the beginning of the year, famous cryptographers expressed their recognition of Filecoin, believing that Filecoin is the most important crypto project after Bitcoin and Ethereum, which sent a positive signal for the development of Filecoin in 2020.

@NTmoney

I think ETH is beyond the scope of “failure.” There is a strong community that is convinced of this. It's not going anywhere.

I do think it's still possible for new projects to emerge and advance the space in new ways (Cosmos, Polkadot, Nervos, Filecoin, Dfinity, etc.).

@TweetHerzog

I believe Bitcoin's invention $BTC has proven that it's a more important innovation than steam engines, especially when you consider other #blockchain projects. Tezos has already produced innovations like smart contracts $xTZ, and IPFS/Filecoin $FIL, an innovative distributed computing project.

@minionabct

The mining industry is looking forward to the launch of the Filecoin main network. Currently, FIL's IOU futures are priced at $3-5, @CoinMarketCap中国大陆表现出最大的兴趣.

Based on Google search trends, in terms of the geographical distribution of Filecoin search interests, mainland China accounted for 35% of interest, followed by Macau, China, and Hong Kong.

February

#Filecoin主网：推迟＆暂定

@filecoin

Filecoin's latest blog post highlights progress since Testnet Phase 1+ updated the Phase II roadmap.

As described in this article, the second phase of the Filecoin testnet will be launched around April 20-June 12, and the main network launch window will be tentatively scheduled for June 15-July 17. The reason for the adjustment is to maximize the impact of the coronavirus outbreak in China and the global community, and to better ensure the stability and safety of Test Network 2 and the main network. As a result, Filecoin began a drama with endless delays.

0xeg79hup1bkqpd” data-img-size-val="596,441"/> @foamspace

“Incentivizing geographical diversity at the protocol level is not always possible, but some projects such as FileCoin and FOAM are developing mechanisms to distribute productivity and rewards based on the geographical location of miner nodes”

@IPFSMain

A partnership has been reached with Twin Trust, which will support Filecoin hosting.

March

#矿工线上誓师大会

@DataLineKr

DataLine is the first IPFS Filecoin node to participate in Korea and will fully support the development of Filecoin. To successfully complete the testnet work, thereby influencing more Korean companies to support IPFS.

The mining industry has begun to gather strength, and there is a lot of momentum to roll up its sleeves and work hard.

@Ralap

Mineral energy continues to increase.

@fireflyblock1

We are preparing for the third phase of the testnet, hurry up!

April

#上线日期再次推迟

@force_ipfs

Filecoin Resource Manager has started. You can find information about mining, skill sets, and testnet-3 works on the following website.

At the beginning of the month, http://filscan.io正式上线，关于Filecoin的相关数据都可以通过该页面查看，Filecoin数据进入可视化阶段 was officially announced.

@bigmagicdao

The Ipfs miner manufacturer has quite a mentality in China. I heard that another miner manufacturer has sold 10,000 ipfs miners, with sales of 700 million yuan.

Regarding this market situation, some people say that Filecoin has the most exciting crypto investment prospects in 2020. Wallets, fixed services, apps, mining, and anything else are already being built intensively.

@OntologyNetwork

The main body and @Filecoin为用户提供存储服务. Users will be able to use their ONT ID in the near future and send and receive files via hashes.

@TheBlock_

Decentralized storage network Filecoin's mainnet launch window will be further delayed — this time moving it to between late July and late August.

The launch of the main network has been delayed again. It is estimated that the main network launch time will be from July 20 to August 21. The credibility of Filecoin's exact launch date has been questioned.

@Filecoin

Filecoin uses a combination of existing incentives and many new ones to meet the unique requirements of decentralized storage networks.

May

#分布式存储的外围布局

Over this period, Filecoin has accelerated the gathering of resources, and related product formation and marketing activities have been continuously released to the outside world. This popularity has also attracted a wave of good people. Among them, Brother Sun brought along his BTFS and FileCoin advantages table, which also shows from the side that Filecoin's popularity value has penetrated all aspects of the market.

@wwwjim

I've been trying to explore the application layer of the Filecoin network. Today, I'm excited to share WIP and early design systems.

@Filecoin

Today, we're excited to launch Filecoin Discover — a project designed to help make Filecoin the home of humanity's most important data sets!

Filecoin Discover is an incentive program designed to motivate Filecoin miners to store valuable data and obtain additional FIL in the process. The details relate to helping subsidize Filecoin miners select data from valuable databases covering literature, science, art, and history.

@IPFSUnion_CN

The more nodes that mine and store data on the Filecoin network, the more powerful the data becomes. So discovery is our way to encourage more miners to join the network in the early stages. We built the Discover project as a way to quickly expand the Filecoin network.

@CoinDesk

Filecoin is selling 8TB hard drives containing climate, literature, or human genomics data to seed its file storage network before launch.

@christine_dkim

According to Juan's special announcement, @Filecoin将举办为期一个月 #hackathon活动，旨在为开发者和学生提供25万美元的奖金。 More details will be announced in June. The Filecoin hackathon for developers will begin on July 1st.

@Filecoin

Join us for the 2nd Filecoin Mining Community Call on Thursday, May 28 at 6 p.m. PST! The team will cover everything from Testnet Phase 2 and Filecoin Discover as well as Q&A. I'll see you there then!

@Wolf_ofBinance

The second half of 2020 is coming soon #Ethereum $eth and #filecoin $ipfs, so make sure you're carrying the right bag.

June

#全力备战主网启动

In June, Filecoin unveiled plans for the Filecoin Ignite event, a series of topics that will bring together creators, miners, researchers, enthusiasts, and other network participants. to help the mainnet launch. Things like HackFS, Spark University Hackaton, Space Race 1 & 2, and Filecoin Frontier Acceleration Camp are the main activities of the program.

@AndrewDARMACAP

Filecoin is coming. @protocollabs正在交付. New website: http://filecoin.io,美丽的新测试网：https://stats.testnet.filecoin.io,当前正在存储7.5 PiB.

@jisseclayburgh

I know I'm mostly only posting about @Filecoin和 @protocollabs东西, which makes a lot of sense since most of the work I've done over the past few years has been collaborating with our amazing community to bring this network to life. It's close now, and lots of great things are in the works!

@christroutner

I'm very happy to see potential technology @Filecoin接近主网启动. It's going to change everything. I've always been very focused on @IPFS和 #BitcoinCash。

@ETHGlobal

Keep your creative juices flowing #HackFS大量（且不断增长）的黑客创意！ “Let the community pay to store and provide data together — the ETH contract pool shares $ and an app for storing transactions on FileCoin”

The first HackFS hackathon was launched.

@Filecoin

Filecoin's June roadmap update is live! Read the progress made since the latest update in April here, and take a peek at what's next for the Filecoin project as we head into the mainnet launch.

July

#日常放鸽与中国市场的投机热

Following the postponement of the main network in April, Filecoin once again staged a pigeon release incident and postponed the main network launch window until August 31 to September 21. The official explanation was that the calibration period was increased by two weeks. Although the main network launch date was pushed back and forth, this did not dampen the enthusiasm of the Chinese market for this project. Exchanges, mining pools, etc. are preparing for the arrival of Filecoin.

@OkExInsights

China Market Watch: #Filecoin中国交易员热情高涨。

@OhGodAGirl

China is crazy about Filecoin.

@bigmagicdao

CT: DeFi, DeFi, DeFi, DeFi...

WeChat: Filecoin, Filecoin, Filecoin, Filecoin...

@f2pool_official

The Filecoin boom in China is likely largely linked to the country's long history of crypto mining. Also, regarding #Filecoin自2018年以来一直在采矿，公司大力宣传各种硬件。

@realjameswo

Filecoin is very hot in China, but DeFi isn't. To be a hot topic, you have to get people involved. In China, buying mining machines is much easier than buying tokens.

@JayHao8

Super excited @Filecoin

Breakthrough debut in the market - over 8,000 FIL transactions in less than 6 hours! The numbers really say it all.

@CoinDesk

BLOCKCHAIN BITES: Bitcoin's mining is at an all-time high, Singapore's CBDC may find commercial use, and Chinese companies are using Filecoin.

@AndrewDARMACAP

My curiosity is the intersection of ETH 2.0 and Filecoin. Sophisticated automation through smart contracts for file retrieval and storage can keep DARMA Capital busy for decades. @ethereum @Filecoin

@oddgems

Ocean Protocol now has Filecoin's decentralized cloud storage capabilities. The proof of concept aims to provide multiple customizable storage options and reduce data provider expenses.”

@QwQiao

As we enjoy DeFi, don't forget some novel, inspiring, and potentially world-changing non-financial crypto assets. Filecoin is one of them to watch.

@juanbenet

Wow, Filecoin Ignite will light up in August -- EPIC one month early!

@ETHGlobal

HackFS-hackathon

@Filecoin

Space Race - Mining Competition

@SatoshiFlipper

Does anyone know when Filecoin will start trading?

Right now, people can't wait to participate in Filecoin's market transactions.

@CoinDesk

In-depth analysis: Prior to the launch of the main network, Chinese investors had been speculating heavily on Filecoin miners - yet the Filecoin crypto incentive parameters have yet to be finalized.

august

#Space Race on

“Space Race,” which has received the most attention from the miner community, was launched at 6 a.m. on August 25. It is a 3-week competition to motivate miners to increase storage capacity and achieve transaction quality goals for the network. During this period, miners competed for rewards of up to 4 million FIL. This time, Space Race created a wave of popularity for the main network launch.

In addition, the project party also published the Filecoin Economic Report. Explains how the Filecoin Protocol adjusts incentives and pragmatically rewards useful and reliable storage.

@momack28

Wow. The Filecoin Space Race can reach 10 PB of storage in just 30 hours! This brings us all our past records and expectations, and heartily congratulations to everyone who attended this conference!

@juanbenet

Wow! -- 1 day later @FilecoinSpaceRace和测试网已经突破了8PiB! amazing! @Filecoin

Miners! Keep up the good work!

@momack28

The FileCoin Space Race passed 50 PIB times in less than a week! Providing inbound storage to a dedicated mining community at such a high rate while maintaining high quality storage and retrieval transaction services!

@VitalikButerin

A recent article on fee market reform (EIP 1559), oh, seems to work very well on Filecoin.

Due to the successful EIP 1559 test on FileCoin, the long-awaited change in the Ethereum fee structure is closer than ever.

So-called EIP1559, its greatest power is the exponential adjustment of baseFee.

The details of the EIP agreement include:

All transactions pay the same rate as much as possible to enhance the user experience.

Flexible block size limits — Miners can periodically exceed block size limits to handle surges in transaction demand, but only if users actually need and pay for it.

Through the basic transaction fee (BASEFEE) and tip (TIPS) settings, BASEFEE is destroyed, and tips are given to miners. This makes it possible for ETH to even enter a deflationary pattern under certain circumstances. (If the destroyed Basefee exceeds the amount of PoS issued).

Stop economic abstractions — users can theoretically pay miners using any token via meta-transactions.

@Whyrusleeping

The Network Basic Fee (EIP-1559) code in Filecoin seems to be working! We experienced some spikes during the congestion period, and there was very little delay in the messages (some message wait time statistics needed to be recorded).

@coinbureau

This is definitely a project worth watching this year. The enthusiasm for Filecoin was astounding even before any launch. Over 12 PB in a two-day incentive test network.

@textileio

There's never been a better time to start testing Filecoin. Today, we're expanding the free program to make hosted Filecoin and Powergate instances available to development teams.

@Steven_McKie

Filecoin is going to be huge and it's driving me crazy.

September

#升空前的分叉苗头

@Filecoin

3... 2... 1... countdown to lift-off! Filecoin has officially begun its Mainnet ignition sequence

@ethereumJoseph

Exciting news from our friend @Filecoin关于他们的下个月主网发布. Filecoin is an important part of the decentralized networking stack and has many potential connections to Ethereum — from the infrastructure layer to DApps to DeFi. Our community faces many innovations.

Joseph Lubin, co-founder of Ethereum and founder of ConsenSys, tweeted calling for FileCoin's upcoming mainnet launch.

@CryptoCobain

Filecoin Mainnet October 15...!!! 75 years after the ICO was founded. Very exciting.

Regarding this launch date, some people commented that although Filecoin's main network launch has been delayed over and over again, it is still faster than ETH 2.0...

@BitcoinErrorLog和 @BarrySilbert

There are mixed reviews of the Filecoin project on Twitter. Some say it's worth nothing, others say the future can be expected.

As can be seen from the approval rating, most people are looking forward to Filecoin.

@bigmagicdao

The chairman of Mix Group said he decided to hard fork Filecoin, and the name of the new fork is FilecoinCash..

On the eve of the launch of the main network, signs of a fork appeared. Finally, Filecash, Filecoin's first pre-fork project, completed the launch of the main network on November 18.

October

#主网上线时刻的狂欢与混乱

The main Filecoin network was finally successfully launched on the evening of October 15, but the market situation after launch was very, very complicated. First, FIL staged an unexpected volatile market, throwing a pot of cool water on the overheated market. Second, the government directly released 25% block rewards, and directly released 1.5 million FIL to the market and then added 30,000 FIL sheets. It is called establishing an independent market to stabilize market prices, which can be described as being very willful. Along with that, due to economic model design issues, the community began a branching revolution, and leading miners collectively shut down due to no pledges, and for a while the domestic Filecoin market played a fierce game with the project parties.

@Filecoin

The Filecoin network has passed 148,888 times, the rocket has taken off, so far the network is stable and community members are reporting successful operation #FilecoinLiftoff

@Filecoin

Building a blockchain is like building a software rocket. It takes a passionate and talented community to make it possible. Thank you so much to everyone who has dedicated their time and ideas and expertise, making #FilecoinLiftoff成为现实。

@juanbenet

Someone asked me about the so-called “miners strike” - this is nonsense. There were no strikes. The miners proved that their warehouses were good. There is no abnormal power loss in the network. The miners are complying with the agreement and are making a lot of money for it.

In response to the turbulent situation after the launch of the main network, on the evening of the 19th Beijing time, Juan Benet posted more than 40 tweets summarizing the current state of the Filecoin ecosystem and responding to many disputes since the launch of the main network.

@Juanbenet

The mining community is amazing. Tens of thousands of people around the world use Filecoin.

@juanbenet

Sun Yu Chen's ghost stories abound - these accusations are completely false. The investor and any team member did not sell FIL, and he claimed that we made a ridiculous deal, which is a very nonsensical lie.

@bytemaster7

To truly achieve decentralization, we have to go beyond web browsers and DNS. Similar technology #ipfs将需要。

@tyler

The future of data storage is here! $FIL @Filecoin现在可以进行所有交易 @Gemini平台, including our mobile app and web interface.

@kwerb

While the cryptocurrency world has its sights set on Bitcoin's price and the frenzy of DeFi activity, the launch of FileCoin and JP Morgan's commercialization of blockchain-based payments are a greater validation of the technology.

@NeerajKA

The Internet Archive is experimenting with Filecoin

@cryptobuzznews

TOP-15 storage projects by market capitalization: After the recent launch of #Filecoin on October 15, interest in Cloud Storage increased dramatically. As a result, we decided to compare market capitalization and price changes for selected storage projects.

Judging from the market value of distributed storage projects announced by CryptoDiffer.com, FIL's market capitalization leads the entire circuit.

november

# “Long Body” Filecoin Mainnet

@Filecoin

The Filecoin network just surpassed 1 exbibyte (eIb) of storage! Congratulations to our miners and network participants who reached this threshold (less than 4 weeks from launch). How much storage are you asking for?

In November, the entire network's computing power entered the EB era, which also completed Filecoin's first major milestone.

@k06a

Vote, but in an absolute sense, decentralized storage is probably cheaper than centralized storage. But in some sense, millions of people's hard drives and I/O capacity could be idle resources, monetized like Uber drivers' cars? It should be.

@VitalikButerin

I definitely don't think “putting it on filecoin/IPFS” (with two differences, by the way) is not a magic scaling solution; the bottleneck is scalable verification, not storage. So unfortunately, you do need some kind of real sharding.

December

#生态网络的萌芽

@peter_szilagyi

Today's #Filecoin网络由于某些潜在的错误而崩溃了。 It took about 4 hours for the team to get the network back up and running. Obviously, it won't get bogged down until there are enough node updates and some people are penalized. However, it was an amazing turnaround time. CONGRATULATIONS!

On December 19, 2020, the Filecoin network experienced an on-chain outage. The entire community members, miners, and developers responded quickly and released a fix plan within 4 hours, after which the network was fully restored within 7 hours. For a young distributed network, this kind of response is very fast.

@Peter_szilagyi

Bitcoin is 11 years old, and Filecoin is a “newborn” that was released 3 months ago. Go back to when Bitcoin began issuing and learn some history.

Juan once mentioned in a speech that Filecoin's focus is on storing data for customers. If you only want short-term profits but don't want to provide long-term value, then you should quit now. Similarly, the shortcomings of Filecoin, which has just been launched, should also be viewed objectively and rationally.

@AustraderELA

FiLDA is the world's first #DeFi基于综合服务平台 @ElastosInfo @HuobiGlobal生态链 (#HECO) and @Filecoin建立ELA + HT+FIL ecosystem, providing decentralized FIL, ELA staking, loans, and wealth management services.

@BitBitCrypto

The token will reach 1000 times, and filecoin will stay within the $20 range

During this period, the crypto world has collectively surged, but the overall performance of FIL can be described as “not a stablecoin; it is better than a stablecoin.”

@VinnyLingham

Here are my predictions for the top 5 cryptocurrencies by market capitalization at the end of 2021:

1. Bitcoin

2. Ethereum

3. Filecoin

4. USDC

5.WBTC

But it's also not very certain, as cryptocurrencies are highly unpredictable over the next 12 months.

VinnyLingham, founder of the CivicKey project, a blockchain-based digital identity provider, predicts 2021, and Filecoin is a promising 2021 potential currency. Whether this wave of predictions can come true, let's look forward to Filecoin's development in 2021.

As of February 4, data from Filfox shows:

Filecoin block height: 470214

Active miners: 1282

Effective network computing power: 2.295eIb

Sector pledge: 0.2810FIL\ 32GiB

24h average mining revenue: 0.1191FIL

The basic handling fee rate is on a downward trend

Filecoin's overall main network work showed a positive trend of increased staking, more active miners, and lower fees.

In the concept of Web 3.0, Filecoin, as one of the important infrastructures, has always been the most important and most watched project in the market. Although tickets were launched several times in 2020, they finally launched on the main network in October. The launch of this project has brought great attention and market influence to the entire distributed storage circuit. Many storage miners have entered the army, and many investors have entered distributed storage. Overall, as a benchmark project for distributed storage, Filecoin has brought major changes to the world, such as more open market-based pricing of cloud storage services and more practical use in the mining market. Admittedly, at present, its development is still slow and complicated, but we must admit that this inspiring and innovative storage method has only a few short years of history.

In 2021, Filecoin's achievements will continue to innovate and develop on the main network. It is still difficult to predict the overall market situation after the release of the pledge. Of course, there is plenty of room for imagination. As far as the present is concerned, Filecoin is more like a potential storage investment choice for us. Looking at longer-term development, Filecoin needs to be truly integrated with implementation applications to achieve real usability of data storage and promote the continuous improvement of the Filecon ecosystem.