Discover and read the best of Twitter Threads about #filecoin

Most recents (24)

🚨 China and Hong Kong Crypto Narrative is Back:

Here are 5 Coins to Watch 🚀 Image
➡️ June is the month of the Hong Kong and China #cryptocurrency narrative, which has captured the attention of the #crypto community and sparked lively discussions.
Hong Kong's Crypto Decision

➡️ Hong Kong is embracing cryptocurrency with its upcoming VASP framework, allowing certified professional investors exclusive access to cryptocurrency exchanges.
Read 14 tweets
Revolutionizing decentralized storage with high throughput & low fees ⚡️

A threat to the Web2 cloud behemoths ⚔️

Call it the decentralized Dropbox or Airbnb for cloud storage ☁️

Here's an in-depth look at @Filecoin 🧵 Image
🤔 Think of Filecoin as an online marketplace to store data, where you can rent out storage just as you'd rent a room at @Airbnb

The idea behind Filecoin was to provide a decentralized solution to online storage providers & protocols & eliminate the need for central data storage
💡 Why Filecoin?

💾 Dependable data storage on a decentralized P2P network

🔐 Resilience to hacking, censorship, & outages

💰 Incentives for honest actors & participation

🔨 Unique business model for users with bidding on the open market

🌐 Open source code Image
Read 13 tweets
Facebook, Instagram and TikTok will be dead in 10 years

Influencers are gaining power, and they’re tired of unequal economics and the constant threat of censorship

They’ll soon lead a “great migration” to decentralized platforms like @LensProtocol

Here’s why and how

👇

🧵 Image
2/45

#LensProtocol is a decentralized “social graph” that allows users to own their online relationships and content (we’ll explain what this means below)

It has not yet released a token, but over 100K lens #NFTs trade on OpenSea with an average floor price of $108
3/45

This thread we will cover:

• What’s a social graph?
• The problem with social media
• How #Lens solves this problem
• How it works
• The Lens ecosystem
• How big is the market for Lens?
• Key competitors
• What is Lens’ moat?
• What’s its long-term potential?
Read 46 tweets
What is FEVM?

1/4 The #FEVM is an implementation of the #EVM on the #Filecoin network. It allows developers to port EVM-based smart contracts onto the #FVM, where they are called actors, and is compatible with #EVM development tools such as #Hardhat, #Brownie, and #Metamask.
2/4 The #FEVM is designed to allow existing smart contract developers familiar with the #EVM ecosystem to quickly begin porting their existing applications and writing new applications on top of the #FVM.
3/4 Once Milestone 2.2 of the #FVM roadmap is complete, developers will have the option to deploy actors on either the #FEVM or native #FVM, depending on their performance requirements and tooling preferences.
Read 5 tweets
1. To analyze the economics of using tokens, i.e. tokenomics, one has to first understand what tokens are. Not all tokens are made equal.

Relevant for venture builders: #VentureCapital

a 🧵:
2. According to the SEC, there are 2 kinds of tokens: security tokens and utility tokens. “Security tokens'' are mostly tokens that represent entitlements of future potential cash flows or profit, while “Utility tokens” are tokens that can be used to redeem a product or service.
3. However, tokens can be further divided into 4 categories: general payment tokens, platform tokens, product tokens, and cash flow based tokens.
Read 13 tweets
1/ We've been working on Exactly that, for some time now. While the general idea is nice and correct...

Leveraging existing GPU mining infra to do ZK is in fact FAR from straight forward.

Time for a thread!🧵👇
2/ GPU mining was dominated by #Ethereum mining which is now, post merge, no longer possible.

So we came up with the idea of helping the community repurpose their GPUs for ZK compute a few weeks ago...

3/ ...and we got CRAZY demand.

Which took us completely by surprise! (surely, we thought, miners with tens of thousands of GPUs had a plan B for after the merge, right? well no.. but that's another story to tell)
Read 14 tweets
Why do you need a pinning service? A thread.
#IPFS #Filecoin
In IPFS, your data is stored in 'nodes'. Every file is sharded and stored into multiple nodes connected to the network.
However, nodes have limited capacity. Nodes will routinely empty themselves to make room for new data to be stored on them. (By default, the threshold is set at 90% but you can manually edit this)
Read 9 tweets
I was researching and building something on top of decentralised storage networks and there service providers and here is my findings 🧵👇
@IPFS/@Filecoin - Its a decentralised peer to peer based storage protocol which uses content addressing to store data. Whenever you upload something on it, The content is hashed and it acts as a id to lookup and retrieve it on the network.
If you upload same content, its id will be same(no redundant data). There are many service providers/tools on top of ipfs. Some of the widely used ones are @infura_io , @pinatacloud , @nft_storage , @Web3Storage , @LighthouseWeb3 , @storj . Lets have a look on them👇
Read 18 tweets
What is Web 3.0?

Web3 is not the future, it is already killing it in the present 🔥

Understanding web 3 is quite a daunting task, especially for Non-Tech peeps. 🤔

An Interesting thread🧵

#web3 #internet #evolutionofweb #web2 #web1
In order to understand what is web3, we need to understand how the web has revolutionized over time! 🤔
Web 1 (roughly 1990-2005) was about open protocols that were decentralized and community-governed. Most of the value accrued to the edges of the network — users and builders.

#msn #netscape #aol #yahoo #internetexplorer Image
Read 27 tweets
👉These are the metrics you need to understand Starboard’s Filecoin Network Health Dashboard (dashboard.starboard.ventures), which presents comprehensive key insights to the health of the #Filecoin Network. [PART 1: STORAGE CAPACITY]
1/ There are three metrics used in our Network Storage Capacity graph: Total RB Capacity, Total QA Capacity and Change in RB Capacity.
2/ These are some key things to consider when reading the Network Storage Capacity graph:
Read 4 tweets
We took a brief look at #Filecoin's $FIL Address Data and Value Flow and here’s what we learned: (A thread)
1/ Total active addresses on the #Filecoin network reached 1.8M, with daily active addresses at 11.2K; and an average daily growth of 1.1K in recent weeks! Image
2/ At its peak in September 2021, Monthly Active Addresses of the #Filecoin network hit 200K but currently sits at around 100K, with recent daily active addresses of about 10K. In comparison, there are 350K Daily Active Addresses on #Ethereum. ImageImage
Read 7 tweets
Our weekly @Filecoin Network Update: Growth all around! Daily Changes in Storage Capacity is at its highest this year, while ⬆️ in network activity brings Daily Active Deals to a new all-time high! 🚀🚀
1/ Daily Change in Storage Capacity on #Filecoin reached a yearly high of 126.58 PiB on 14 April 2022––its highest since June 2021! The network’s total storage has increased by 2.71% (0.43 EiB) since last month, bringing the total capacity to 16.27 EiB. ImageImage
2/This growth can be attributed to the significant increase in the no. of active deals on the network, which has achieved an all-time high of 3mil deal counts! ~80% of these active deals belong to Filecoin Plus, which had an exponential increase in adoption since mid-Dec 2021. Image
Read 8 tweets
$FIL, $STORJ, $SIA and $AR are all useful Web3 data storage solutions that provide forward-looking alternatives to current cloud providers. @Filecoin currently ranks first in terms of used storage and storage capacity: Image
1/ @Filecoin also has a vibrant ecosystem of over 330 projects, including NFTs and gaming. You can read more about this at messari.io/article/fileco….
2/ Another difference lies in data storage duration and scalability. @arweave is unique in its promise for perpetual storage but limited in scale while @Filecoin, @storj and @Sia__Foundation operate on a contract-based model––
Read 8 tweets
So FAR BE IT FROM ME TO AVOID ADDING MY HOT TAKE but here is my hot take on the crypto takedown du jour 1/n
I hope regular readers are rn clutching their opera glasses, dying to know whether I agree with their predilections or have switched sides and turncoated with the devilish monsters of Web(2|3). Fools of such limited desires! I am more contrarian than you can possibly imagine!
First, I've been reading DSHR's blog for ages--unlike you oiks--so I know the better versions he's written for all of these arguments. I share his pain that it's his hasty talk to the AI folks at Stanford that got the hits, not his thoughtful ponderings over the last few years.
Read 30 tweets
1/ 🌍 Our mission to decentralize the world’s storage via resilient, #P2P networks means the ENTIRE world. 🌍

In Africa, we’ve been meeting, educating, & inspiring thousands of #developers with a growing passion for #decentralization & #Web3. Peep some of the amazing events 👇
2/ ⚡ CodeUp Blockchain Festival Nigeria ⚡

On Oct 1, concurrently with 🇳🇬 Nigeria Independence Day 🇳🇬, @charliecodes presented an introduction to #Filecoin & @IPFS to over 200 people at @CodeUpAfrica's #blockchain festival in Nigeria!! 🙌
3/ 🎂 Filecoin Orbit Anniversary Event Warri🎉

30 #devs participated at the #Metaverse Nairobi Kenya virtual & #FilecoinOrbit events in partnership w/ the @gdg_warri community on Oct 23, as part of a week-long celebration of one year in orbit since Filecoin mainnet launch! 🙌🚀
Read 7 tweets
1/ Say hello👋 to @numbersprotocol, a #Web3 Photo Network that’s creating community, value & trust in #digital media.

With trust in digital media at an all-time low, Numbers Protocol aims to bring integrity & authenticity to the digital content space. Read on to discover how👇👀
2/ @numbersprotocol created a network where assets are both traceable & verifiable through its innovative Capture, Seal, Trace process – the #Web3 Photo Network.
3/ In early 2021, @numbersprotocol partnered w/ Reuters photographers in a 78 day case study that chronicled the presidential transition from Donald Trump to Joe Biden, archiving over 1.4K photos on #Filecoin.

Since then Numbers has archived over 8M assets on Filecoin & @IPFS.🤯
Read 7 tweets
1/ Since its launch in Jun 2021, the Starling Lab for Data Integrity has been introducing historians, journalists, & activists to #Web3. 🙌
2/ Founded by the @USCShoahFdn & @stanford_ee, Starling Lab is proud to be the first academic research center dedicated to exploring how #Web3 can transform #humanrights & #digital trust. 🎓

Watch this video to learn more 👇
3/ #Filecoin is helping Starling Lab preserve 4 PiBs of video testimony from over 55K survivors of genocide – this is the largest onboarding of data onto #Web3 in the world! 🤯 #strongerthanhate #neverforget
Read 5 tweets
1/ @NFT_Storage – ensuring that the world’s most valuable digital assets are secure & safe 🔐

Get provable, perpetual, #NFT storage on #Filecoin & @IPFS for large to small data, tools to help you properly mint your NFTs to prevent rug pulls, & more!

👉 nft.storage
2/ Since Apr 2021, there have been over 15.7M uploads to NFT.Storage!! 🤯
3/ ⚒️ Some cool platforms & projects that use NFT.Storage include…

@opensea
@makersplaceco
@holaplex
@MagicEden_NFT
@GalaxyGangNFT
@jigstack
@themonagallery

🙌
Read 6 tweets
1/ Estuary, built by @aresearchgroup, wraps a clean, simple API & high-performance optimizations around #Filecoin & @IPFS.

As a user, you can…
✅ Store & retrieve content quickly
✅ Automatical
✅ Verify your stored data
…& more.
2/ Under the hood, Estuary is a special type of node that wraps #Filecoin & @IPFS together.

The Estuary team runs a hosted service with an HTTP API. Or you can run your own Estuary node 🤖!
3/ Since Apr '21, Estuary has been on 🔥!

📁11.2M+ files uploaded using the primary estuary node
🤝69.5K active storage deals on #Filecoin
📌125.23 TiB pinned IPFS storage for hot retrieval from Gateways
🗃️593.30 TiB sealed storage on Filecoin
🧑‍💻132 storage providers w/ deals Image
Read 4 tweets
1/ Web 3 storage: There are multiple options to store data in web3. Here's 4 reasons I am excited about Filecoin & IPFS....
2 / #1: With thousands of storage providers competing to store data, the prices on the filecoin network will always be hyper-competitive.
3 / Decentralized tech can only compete with centralized incumbents if it is competitive. Low cost is a key driver of competitiveness.
Read 27 tweets
1/ 🙌 30 Days of Filecoin Builders 🙌

The Filecoin community is grateful for the incredible folks & projects that have joined the ecosystem in 2021!

Here is just a glimpse of all the builders that make up #Filecoin 👇 👀 Image
2/ As of the Nov 30, the Filecoin has had...
⭐ 270+ incredible apps building on the network
⭐ 650+ new projects entering the ecosystem
⭐ 13.85 EiB of network storage power
⭐ 3.5K storage providers
⭐ 33 PiB+ of data stored on the network
⭐ 8K devs contributing on GitHub Image
3/ In the past year, builders & #devs have stored 33 PiB+ of data on #Filecoin, including a wide variety of use cases like...
👾 #NFTs
🔉 Video & Audio apps
🌐 #Metaverse
🎮 Games
🧬 Biotech
🌤️ Weather, &
🪐 Space! Image
Read 7 tweets
Functionland is a team of 10+ strong and growing. We are incorporated in Toronto, Canada🍁 Our leadership team is scattered across the globe. We have been fortunate to have the backing of the Outlier Ventures Family. @jamie247 anyone! ? A thread 👇🧵
We are establishing an Association in Switzerland with the help of a great Canadian-Swiss-UK legal team. This association and current structure lay the groundwork for a DAO. Yes, yes, but what is Functionland building, what's on the roadmap🗺?
Why should you be paying attention to Functionland? Our organization is built upon first principles. We asked - how can all citizens be participants in #Web3 . How can non-technical people jump on board and start using dApps? How do we truly decentralize the decentralized web🌎
Read 15 tweets
1/ When I was young and first learning to code, I would marvel at stories of the open Internet and the creative freedoms it provided✌️.

I idolized the Builders who made it a reality and the #Cypherpunks who helped protect our online freedoms.
2/ Unfortunately, the “free” centralized platforms we’ve come to rely on are corrupted by the power and data they’ve accumulated.

They exploit us, subverting the very values that first helped them flourish. Our oasis is under threat.
3/ Megacorps and authoritarian governments exploit our digital lives and the data we create online. We’ve become slaves under the yoke of unscrupulous Internet overlords.

It doesn’t sit well with me. The model needs to change—we need a digital revolution ✊.
Read 6 tweets
Extending the functionality of @Filecoin within @Polkadot 💥

We’re excited to announce that ChainSafe has been chosen to develop a Filecoin-@substrate_io Bridge as part of our ongoing collaboration with the @FilFoundation.

Details ​​👇
In the future, anyone building on @Polkadot with the need to reference @Filecoin data will use our bridge to verify in @substrate_io that the information from #Filecoin is true.
💡 This means that dApp developers will be able to build features into a @substrate_io chain that are dependent on @Filecoin state. Things like:

∙ Alternative storage and retrieval markets
∙ Wrapped $FIL implementations
Read 4 tweets

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