Tag: fil

Filecoin, the open-source decentralized Storage Network provider gave its miners and investors a scare as it reported a glitch that caused a temporary network outage. According to the status report...

During the previous crypto market bull run, altcoins would surge following a major exchange listing but that does not appear to be the case any longer as seen with Filecoin today. Decentralized data storage token Filecoin...

A lot of action is taking place in the crypto world. PayPal will soon allow users to buy and sell crypto, the launch of ETH 2.0 is approaching, and JP Morgan has launched a blockchain unit by the name of Onyx. The continuing surge of DeFi and the sheer amount of crypto/blockchain projects being developed means it's never a dull day. Of course,...

Filecoin, a file storage blockchain network that promises to become a storage protocol of the decentralized web is in deep trouble. Within 24 hours of launch, the Filecoin miners demanded a change in the current mining rewards distribution setup. According to the miners, participation in Filecoin mining is cost-intensive and the reward distribution is unfair. Undoubtedly, Filecoin is a resource-intensive network as mining...

The newly launched Filecoin project is running into problems already as miners pull their collective plugs over a token model that does not appear to be economically viable. The much-hyped Filecoin data storage network...

Coinbase Custody has announced the addition of the Filecoin token (FIL) to its list of digital assets available for users. Coinbase Custody, the custodial service entity of Coinbase, disclosed the addition of Filecoin (FIL) via an official blog post. The company noted it is enabling support for the new...

Filecoin, think it as the Dropbox of blockchain announced its mainnet launch on October 15. The investors who participated in the $257m Filecoin ICO three years back are now sitting at the edge of their chairs to see how it performs. According to the official announcement, the mainnet went live at the block height of 148,888. So far, the network is stable but...

Filecoin, the storage network that is using decentralization to make the web more secure and efficient announced its mainnet launch dates. This deserves a special celebration as the project is designed to be a decentralized alternative to storage services like AWS. According to a post on 27 September, Filecoin mainnet will go live at block 148,888. At the time of press, Filecoin block...