【Filecoin Weekly Report-56】Testing Rewards Program May Be Extended for 1~2 Weeks

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: Testnet phase2 】

Tested version:

Test objectives:

Project progress:

【Last week’s hot spots】

On July 11, @Why said in Slack that due to the requests of many miners, they are considering postponing the test reward plan. If confirmed, it may be postponed for 1~2 weeks.

At the Babbitt event, Force Zone not only participated in Babbitt's main event, but also held its own open day and invited Filecoin's top player to discuss Filecoin.
"Filecoin's top players gather to seize Filecoin and hunt for the lifeblood of value"
《Joining Filecoin? Listen to what blockchain leaders say》

On July 8, the official blog was released, which detailed how to mine Filecoin.
Filecoin Storage Mining Guide

On July 8, Force Zone CTO Xin Ge was invited by Mars Cloud Mining to conduct an online AMA at 7 pm to interpret Filecoin's mining pool and revenue.
" IPFS Force Zone × Mars Cloud Mining: How do Filecoin revenue and mining pools develop? "

On July 8, Nazhen, the growth operator of Force Zone, was invited by Force Field to conduct an online AMA at 8 pm to interpret the Filecoin ecological niche.
"IPFS Force Zone × Force Field: Filecoin's Ecosystem and Current Status"

【Last week’s testnet progress】

1 ) Testnet operation status:

filscan.io screenshot (14:00)

The system has been running for more than 22 days after the network reset, the number of active miners has remained above 4,000, and the system has been producing stable blocks.

Last week, the block height exceeded 77,100, and the effective computing power of the entire network reached 19.920PiB, a weekly increase of nearly 3.4PiB, an average daily increase of about 0.5PiB, and the growth rate was halved compared with the previous week. Some large miners have begun to stop increasing computing power.
Last week, the block reward increased from 18.22FIL to around 18.18FIL
The block generation is relatively stable, with an average block interval of about 25 seconds and few empty block rounds; the average number of blocks per round remains at around 3.22, which is significantly higher than the previous week. The reason is that more participants have entered the network and the proportion of large miners has decreased.
The average number of messages last week was around 13.5, a significant drop from the previous week.
Last week, the message size was about 998 bytes, which was basically the same as the previous week, mainly proof messages.

Butterfly network is launched with some new code, testnet is expected to restart in a few days to two weeks

Actually, this is what was previously called Devnet, but now it has a specific name
Some changes to Butterfly will be coming to the new testnet

2) Main issues:

【Last week’s development progress】

Some bug fixes: One of the important recent tasks, including improving error handling, improving prompts, correcting command line errors, better log structured output, etc.
The selection process of messages based on gas fees: allowing miners to obtain higher transaction fees
Quick search option support
A single sector supports multiple deals
Implementing Journal support for Lotus operations
Code improvement:
Multiple blockstores support
Better PoRep Scheduling
Improvement of Deal Processing
Search market support is complete
Sector lifecycle implementation
Message pool improvement: organize according to gas price
Block reward improvements: no rewards for the genesis block; total network computing power corrected (excluding underwater computing power)
Some Actors code refactoring