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What fields can IPFS mine exploit?

Release time: 2022-08-02 17:40:04

What fields can IPFS mine exploit? Many newcomers to the FIL circle even include some friends who have been in the FIL circle for a long time Ipfs mining Some friends say that IPFS mining is a good technology, but the appearance of Filecoin has changed the nature of the project. Is it true that IPFS mining can make great efforts in those fields? Today we focus on ipfs mining Server hosting Let's take a look at the Micron Network, and hope it can help you.


 What fields can IPFS mine exploit?

Filecoin is a blockchain project based on ipfs mining technology, while Filecoin is Incentive layer for ipfs mining. as everyone knows, If the ipfs mining network wants to operate stably, users need to contribute their own storage space and network bandwidth. Without an appropriate reward mechanism, the huge resource expenditure will be difficult to maintain the continuous operation of the network. Inspired by BTC network Filecoin as an incentive layer for ipfs mining is a solution.


For users, it improves access speed and efficiency, and brings decentralized applications; For the miners, the contribution of network resources can obtain good benefits; For business partners such as data centers, they can also contribute some compensation to their spare computing resources.


Filecoin is used to store, retrieve and trade payments in the network. And BTC, like BTC, has a total of 200 million tokens, of which 70% will be contributed to miners through online mining rewards, 15% will be held by the development team, 10% will be given to investors, and the remaining 5% will be given by Filecoin Foundation. The tokens received by investors and miners are distributed in the form of blockchain, while the tokens of funds and development teams are distributed linearly over six years.


Filecoin is completely different from BTC's K mining mechanism. As mentioned earlier, in order to avoid attacks, BTC PoW's workload proof mechanism requires miners to mine the next new block that satisfies the hash value and contains multiple leading zeros. This process requires a lot of hash operations. Filecoin uses Proof of Replication, RoRep)。 Copying evidence is the main method to form the mine owner's computing proof, proving that the mine owner actually stores data on his own physical memory, which can prevent various attacks by malicious miners. The verification node in the network will randomly check whether the miners cheat. If the miner fails to provide the correct copy certificate, it will be detained as a certain punishment. PoRep ratio is determined by The computing power competition brought by PoW mechanism is more environmentally friendly.


What is the application field of ipfs mining?


1. Create a lasting data file

Ipfs mining provides a weak redundancy, high-performance cluster storage solution. It is far from enough to rely on the existing Internet model to organize the world's information. We need to establish an information archive that can be remembered by the world and exists for a long time with the development of human history.


2. Reduce storage and bandwidth costs

IPFS mining provides a secure peer-to-peer content distribution network. If your company needs to distribute a large amount of data to users, Ipfs mining can help you save a lot of bandwidth costs. In the cloud computing era, most of our network bandwidth and network storage services are provided by large video platforms like YouTube (such as YouTube) pays huge traffic for Internet service providers. At the same time, YouTube will transfer this part of cost to users through various commercial advertising and paid member business forms. To encourage people to participate For the ipfs mining protocol, the protocol laboratory has designed a blockchain project based on the ipfs mining using the economic model of BTC for reference. Filecoin divides ipfs mining network participants into two categories: Storage Miner (providing free network storage space) and Retriever (It provides bandwidth for nodes in the network and helps other users transfer files). This sharing mode makes full use of idle resources, reduces the total cost of the system and reduces the use cost for users. Now, the project with more successful application direction is called Dtube, a decentralized video playing platform based on Steemit, whose users upload all video files through Ipfs mining protocol storage, with unique identification. Compared with traditional video websites, it reduces the redundancy of resources.


3. Perfect combination with blockchain

IPfs mining and blockchain are a good combination. We can use IPfs mining to process a large amount of data and place the unchanged permanent in blockchain transactions IPfs mining links do not need to place data itself in blockchain transactions. In the final analysis, the essence of blockchain is distributed ledger, and one of its own bottlenecks is the ledger storage capacity. At present, the biggest problem of most public chains is that they cannot store a large amount of data on their own chains. At present, BTC has only a few hundred gigabytes of all blockchain data, and programmable blockchain projects such as ETH can only execute and store small pieces of contract code, which greatly limits the development of DApp. use Ipfs mining technology to solve the storage bottleneck problem is feasible.


4. Freedom of content creation

IPfs mining brings freedom and independence to the creation of online content, and can help users deliver content in a disintermediated way. Akasha is based on The social blog creation platform of ETH and ipfs mining. Blog content created by users is published through an ipfs mining network, rather than a central server. At the same time When the ETH account is bound to the user, the user can give ETH rewards to the high-quality content, and the content creator can obtain ETH. No middlemen earn price difference, and the content income is directly owned by the creator.


The ipfs mining project strives to realize a global storage system with high availability and sustainable data preservation on the internet by integrating the success of existing distributed storage technology and cryptographic technology.


Ipfs mining and The Filecoin project itself has no problem. The problem is that many miners in the market profit from it through various modes, which makes friends who were optimistic about the project hesitate. The following Micronet would like to give you some suggestions:


Large and small production in the market today There are countless enterprises of Filecoin mining machinery. The product range is varied, but there are no more than ten companies with real R&D strength and more than one year of mining experience, and those who can rank in the top ten of the test network are known as leading enterprises. More than 90% of the miners sell dog meat on sheep's head Filceoin is hot. It is really efficient in mining. What it plans to do for a long time is to stay away from those companies. Novices are easy to be deceived. When they are too excited, someone will be deceived. If a coin rises to 10000 yuan a year, they should stay away.


The above is what Micronet introduced to you about the areas where IPFS mining can play a big role. I hope it will help you after reading it. Micronet focuses on the rental and hosting of IPFS mining servers. It includes single line and multi line cabinet rental services such as Mobile Telecom Unicom. It is a professional IDC data cabinet hosting and leasing provider in Jiangsu Province, Professionally provide services such as ipfs mining server rental, ipfs mining server hosting, Baidu standard customized cabinet, 48U super capacity, and reduce user cabinet rental fees. If necessary, please contact Micronet.


Ipfs mining server hosting: hopechilam.com



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