The official third IPFS Miner Conference: Everything you want to know about the big miner test is here!

The official third IPFS Miner Conference: Everything you want to know about the big miner test is here!

At 9:00 am Beijing time on July 22, the third Miner Conference of Protocol Labs was held as scheduled. The conference focused on the update of the Filecoin ecosystem, from the development process since the second Miner Conference on May 29 to the present, to space race information, calibration period interpretation, and the final conference call AMA to answer Filecoin-related questions.

As a member of the Filecoin ecosystem, 1475 is obliged to update the translation conference content in real time, so the content of this conference is summarized as follows.
The chapters of this conference are as follows:
1. Current status and development of Filecoin
2. Space Race
3. Interpretation of the calibration period
4. Conference call Q&A

01

Filecoin Current Status and Development

At this stage, Filecoin has successfully achieved:
  • 4 implementations

  • 200+ reports submitted, including APls, core code

  • 1350 Cumulative OSS contributions

  • In the hackathon, 477 hackers and 225 projects participated, including 53 smart contracts + Filecoin, 24 development tools, 22 Defi + Filecoin, 23 networks, 16 big data, and several audio and video and mining.

  • Has reached 25PB storage

....
At present, the official Gantt chart has been updated, and the mainnet window period has been changed to August 31st to September 21st.
In sharing the current status and development of Filecoin, Colin particularly mentioned the contributions made by community miners to the entire Filecoin, and expressed his gratitude again at the end.




02

Space Race




1. The testnet reward phase will last for three weeks. Participants are required to store the data of the package number into the network. The bonus pool will increase with the growth of stored data, up to 4 million Fil.
2. The top 100 miners in the world and the top 50 miners in each continent will receive rewards, as KYC/AML verification is required for each miner.
3. The main ways to get rewards are storage capacity and transaction order success rate. There is no minimum storage limit for participants.
4. The competition leaderboard will display the name of the miner (individual or organization).
5. Miners must receive storage and retrieval transaction orders to obtain rewards. The official will add a robot system. This robot is located in Europe. Chinese users need a VPN.
6. There is another ranking list for block revenue, and the top 20 can share an additional reward of 100,000 FIL.
In this regard, the official gave the following indicators:


  • Effective computing power.

  • Order transaction success rate.

  • Sector Lifecycle

  • Block Rewards.

Colin gave key answers to questions raised by everyone before:
Q: If I am in China, do I need a VPN to receive transactions?
A: It is very necessary for Chinese miners to be able to successfully connect to all parts of the world. Therefore, whether it is the main network or the test network, you need to have a connectable state.
Q: Is there a minimum miner size requirement to participate in Space Race?
A: Both individuals and large miners can participate in Space Race, but there are ranking requirements to obtain test rewards.
Q: Can I debug my configuration in the same environment in advance?
A: This is the purpose of the calibration period. During the calibration period, miners can test their configurations in a real competition environment.
Q: Can I combine multiple miners into one so they can compete?
A: Yes, we can combine up to 16 for you. Just register the participating miners with the same email address and leave a message in the space-race channel on Filecoin Slack.
Q: How to verify the miner address?
A: During or after the competition, we will send an email to the miner's registered address with instructions. We will use a combination of technical means and practical measures to verify. Please remember that we take the integrity of the competition seriously: anyone who attempts to falsify their location will be publicly banned and disqualified from receiving rewards in all regions.
Q: How will AML (Anti-Money Laundering)/KYC (Know Your Customer) mechanisms help Space Race rewards?
A: If you qualify for a reward, our partners at CoinList will contact you via your registered email to coordinate adding your reward to the genesis block. You will need to provide a government photo ID and may be asked for further details.

03

Calibration period

On July 21, the Filecoin calibration period started.

The focus of the calibration period is stress testing, where miners need to destroy, report, and prepare their equipment with a lot of storage and proof.

04

Conference Call Q&A

Q: What is the decisive factor in Space Race? Transaction success rate or storage capacity?
A: If miners want to get more rewards, they must achieve a certain transaction success rate on the basis of increasing storage capacity.
Q: When will the specific parameters of the economic parameter model be announced?
A: Some preliminary parameters have been added to the code now. However, it is important to note that they are still draft test parameters and are far from final. These parameters will continue to evolve and improve as we test and validate our mechanisms. We also hope to publish more documents about our design motivations and philosophy.
Q: On the mainnet, will the data in the Discover hard drive skip the packaging stage?
A: No, the data in Discover still needs to be packaged.

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