[Filecoin Weekly Report-62] Countdown 1 day, how is the preparation for the space race going?

[Filecoin Weekly Report-62] Countdown 1 day, how is the preparation for the space race going?

Co-edited by Steven Li and Iris

【Project Introduction】

Filecoin is a decentralized storage network that transforms cloud storage into an algorithmic market .

Miners - earn FIL by providing data storage and retrieval

Clients - pay FIL to allow miners to provide storage, distribution and retrieval services

【Project progress: Calibration
Tested version:
  • Last day of network calibration

Test objectives:
  • Network security, code

  • Calibration Network Test (Running)

  • Test Reward Program (launched on August 25)

  • Economic model parameters (current parameters do not represent the mainnet)

Project progress:
  • The Space Race code is basically done, and the Calibration is reset again

  • The reward test is expected to be officially launched on August 25

  • Economic model sparks controversy, detailed explanation to be released

【Last week’s hot spots】
  • On August 19, Filecoin officials finally "let go", confirming that the space race will start at 6 am on August 25, Beijing time. I wonder if all the miners are ready~

    Filecoin Space Race will start at 6 am on August 25th

  • On August 19, Song Jiang appeared on Slack and bluntly stated that Filecoin was unfair and announced that measures would be taken during the space race. He then asked the official three questions and battled with @Why.

    "I will attack every miner in the space race and disqualify you from winning"

  • On August 22, the Force Zone announced the launch of a cooperation plan to help the majority of miners solve the problem of low order success rate, achieve 100% storage and retrieval transaction success rate, and share 4.1 million FIL .

    "IPFS Force Zone helps you enter the space race and share 4.1 million FIL rewards!"

【Last week’s testnet progress】
1 ) At 6:42 am on August 20th, Beijing time , the Calibration network was reset. Currently, the system is running relatively stable and blocks are being produced normally.
2) Testnet operation status:

https://filscan.io

(15:00 data)

  • The computing power increased rapidly last week. In more than three days, the computing power increased to 14.5PiB. The average daily increase was about 4PiB, which is the highest since the Filecoin network was tested, indicating that most miners are stepping up testing;

  • Last weekend, the block height was close to 10,000, and the average number of blocks per tipset was close to 3.7. Given the current dispersion of miners, this is slightly lower;

  • Last weekend, the number of active miners in the network was close to 300, spread across five continents, with the largest number in Asia.

【Last week’s development progress】
  • New code and bug fixes:

    • The upper limit of collateral setting is 1.0 FIL, which reduces the collateral amount (still not enough for large miners)

    • Add the code for the debt part, if the mortgage is not enough, you still need to pay it back

    • A lot of fixes for the order placing robot Bot. It’s not perfect but it’s much better.

    • Continuous Improvement of Chain-Watch

    • Message pool optimization and improvement, document update

    • The market code is improved and the data transmission robustness is enhanced

    • Numerous documentation updates

  • Design and Proofing Updates:

    • The design documents are still being improved

      • Virtual Machine Documentation Updates

      • Expected consensus, election draw, and other updates

    • Proof part:

      • A lot of unwrap code is rewritten, with comments and logs

      • NSE algorithm implementation



Filecoin Weekly Report is originally produced by IPFS Force Zone
Statement: This article is an original article from IPFS Force District. The copyright belongs to IPFS Force District. It may not be reproduced without authorization. Violators will be held accountable according to law.
Tip: Investment is risky, so be cautious when entering the market. This article is not intended as investment and financial advice.

<<:  Filecoin's latest roadmap: the mainnet will be launched in mid-to-late September!

>>:  DEFI may face regulatory issues that cannot be ignored and possible solutions

Recommend

Grayscale: Ethereum Repricing

Key points: Smart contract platforms are the core...

China's financial industry should not turn a blind eye to blockchain technology

ANBOUND : The importance of blockchain technology...

The impact of aesthetic differences on marriage

The impact of aesthetic differences on marriage A...

V God: The benefits of Ethereum 2.0 will emerge faster than expected

Ethereum co-founder Vitalik Buterin recently answ...

Health Line to see your health status

In physiognomy, if a person has clear and long li...

Are moles accurate? Do they affect a person's fortune?

Moles are a physiological phenomenon that everyon...

Is the rise in Bitcoin prices due to the coronavirus?

Author: Xiu En “One group believes that Bitcoin w...

What kind of women are prone to cheating?

What kind of women are prone to cheating? Regardl...

Is it good to have a long fate line? - Palmistry Analysis

There are many lines in our palms, and some of th...