[Headache-inducing GAS fees] After reading this article, are you still looking forward to a reduction in GAS fees?

Tokens consumed by gas fees will be withdrawn from the market circulation, and the use of gas fees will create slow deflationary pressure, benefiting all network participants.

Currently, the most gas fee is spent on packaging sectors. When a new server starts working, the first thing to do is to package sectors, just like when we want to rent a house to a tenant, we first need to renovate the rough house to meet the standard of living before we can use it. Regardless of whether your server is 96T or 192T, the computing power that has been packaged is the effective computing power, and only then can you get block rewards.

The reduction of gas fees will lead to a reduction in the cost of packaging sectors, and the cost of participating in Filecoin will also be reduced. This is good news for those who have not yet participated or have just participated. The reduction of gas fees will help more people participate in Filecoin.

It sounds like it would be better to wait until the gas fee is lowered before entering the market, because the cost is lowered and miners can participate in the Filecoin project with less money. But in fact, after the gas fee is lowered, each miner will work harder to package sectors, the effective computing power of the entire network will rise sharply, and your effective computing power will drop rapidly as a percentage of the effective computing power of the entire network, and your income will decrease. In summary, the cost is low and the income is small.

In the same theory, the high gas fee leads to a higher cost of participating in Filecoin, which invisibly raises the threshold of Filecoin, preventing many miners from joining, and miners who already have computing power can enjoy the benefits alone. In summary, the cost is high, but the benefits are high.