Filecoin’s mission is “to create a decentralized, efficient, and robust foundation for humanity’s information.” Dubbed a paid version of ipfs, it creates a free market to bridge between storage users and crowd sourced storage providers. Filecoin (FIL) is a utility token that enables mining as well as paying for storage services. Filecoin aims to compete with centralized storage services like Amazon AWS, as well as other blockchain projects like storj and sia. Filecoin mainnet went live on October 15th, 2020 and FIL is listed on most major exchanges.
Becoming a Blockchain Developer: A Complete How to Guide Blockchain technology has industry-disrupting capabilities. The disruptive brainchild of a mysterious person or a group of people known as Satoshi Nakamoto, it’s a time-stamped series of immutable pieces of data or records. A group of computers not owned by any single entity manages these records. As […]
Investors, financial pundits, and regular folk who’ve been following stock market updates have undoubtedly come across the terms cryptocurrency, bitcoin, and most importantly, blockchain. New technology has impacted the banking industry and has made significant changes in the way people invest. Traditionally, investing in the stock market has been the greatest source of income generation. […]
Web 3.0 is expected to be a new paradigm in web interaction. It’s the third generation of internet services for applications and websites focused on utilizing machine-based understanding of data to create a semantic and data driven internet. Web 3.0 will change how developers come up with websites and how users interact with websites. With […]