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Filecoin FIL

A decentralized storage network that turns cloud storage into an algorithmic market
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Filecoin is a decentralized storage network that turns cloud storage into an algorithmic market. The market runs on a blockchain with a native protocol token (also called “Filecoin”), which miners earn by providing storage to clients. Conversely, clients spend Filecoin hiring miners to store or distribute data. As with Bitcoin, Filecoin miners compete to mine blocks with sizable rewards, but Filecoin mining power is proportional to active storage, which directly provides a useful service to clients (unlike Bitcoin mining, whose usefulness is limited to maintaining blockchain consensus). This creates a powerful incentive for miners to amass as much storage as they can, and rent it out to clients. The protocol weaves these amassed resources into a self-healing storage network that anybody in the world can rely on. The network achieves robustness by replicating and dispersing content, while automatically detecting and failures. Clients can select replication parameters to protect against different threat models. The protocol’s cloud storage network also provides security, as content is encrypted end-to-end at the client, while storage providers do not have access to decryption keys. Filecoin works as an incentive layer on top of IPFS, which can provide storage infrastructure for any data. It is especially useful for decentralizing data, building and running distributed applications, and implementing smart contracts.

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The Death of the ICO: Has the US SEC Closed the Global Window on New Tokens?
May 23 · Coin Telegraph · What exactly constitutes an investment contract is determined by the Howey Test, a critical result of the ruling in SEC v. W.J. Howey Co. (1946) that remains the basis of the definition of a security today: The point is that investment contracts entail an investor handing over their money to another entity and, depending on that entity’s work, to see profits.
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Filecoin Is Mailing Out Hard Drives of Climate Data to Kickstart Its File-Storage Network
May 07 · CoinDesk · Get a giant hard drive from the Filecoin team stuffed with data on climate, the world's literature or the human genome and get ready to earn some crypto.
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Andreessen Horowitz doubles down on 'crypto' with new $515 million fund
Apr 30 · Fortune · Two years after raising $300 million for its first investment fund devoted to Bitcoin and other cryptocurrency projects, the Silicon Valley venture capital firm has raised a second similarly themed fund.
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Market Wrap: Ether Up 50% in 2020, Hits $200 on Sunday
Apr 27 · CoinDesk · Ether trading on Coinbase since April 25Source: TradingView Chris Thomas, head of digital assets at Swissquote Bank, told CoinDesk the price appreciation for ether is from bullishness over finance software applications on the Ethereum network.
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Ethereum’s Vitalik Buterin on ‘Zombie’ BitTorrent Under Justin Sun Dictatorship
Apr 17 · Coin Telegraph · Ethereum’s Vitalik Buterin lamented what he regards as an example of the “Justin Sun dictatorship,” after the TRON (TRX) founder was implicated in yet another plagiarism controversy.
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