Web3.0 China summit comes to a successful conclusion, space time cloud coo Hu Feng: filecoin needs long-term doctrine!

爱小豪
4 min readJun 7, 2021

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Web3.0 China summit comes to a successful conclusion, space time cloud coo Hu Feng: filecoin needs long-term doctrine!

From April 9 to 11, 2021, the Web3.0 China Summit and distributed storage industry conference opened in hall 6 of Shenzhen Convention and Exhibition Center. The distributed storage industry banquet, which was guided by the Ministry of industry and information technology and the Shenzhen Municipal People’s government, gathered domestic and foreign industry leaders, technical experts, IPFs & filecoin enthusiasts, associations and government leaders.

Space time cloud 6a13 exhibition hall is full of people.

General situation of the conference

As an emerging technology, blockchain has risen to the height of national strategy. Distributed storage can help new infrastructure and inject new power into the national digital economy. As the underlying technical support of blockchain and data storage, distributed storage has attracted more and more attention 。 “ As an important part of the “2021cite 9th China electronic information Expo”, Web 3.0 China Summit attracted more than tens of thousands of professional visitors from intelligent technology, Internet, Internet of things, artificial intelligence, big data, new infrastructure and other industries.

To grasp distributed storage is to grasp the new infrastructure. The successful holding of Web3.0 China Summit and distributed storage industry conference will help to strengthen the application of distributed storage in Web3.0, such as technology innovation and scene landing, and provide a strong platform for communication and cooperation among various industries.

Share new business engine and search for trillions of sky

As a next-generation distributed network operator, Shenzhen spatiotemporal cloud Technology Co., Ltd. is a high-tech company focusing on the research and development of distributed storage, distributed computing and distributed database technology. It has invested and incubated “spatiotemporal blockchain IPFs community”, “filpool”, “spider miner”, “bpool pool” and other industry leading brands, We will continue to be committed to becoming a leader in the construction of the next generation Internet Ecology, enabling the ecological landing of Web3.0 and new infrastructure.

The chronism of filecoin

As the world’s leading distributed storage network service provider, spatiotemporal cloud launched the 64gib sector scheme in the whole network of filecoin, and continued to create the best performance of single node effective computing power in the whole network. Spatiotemporal cloud coo Hu Feng (brother Kuang) was invited to attend the distributed storage conference and gave an excellent speech.

Brother Kuang first interprets the economic model of filecoin. At present, the pledge amount of filecoin in the whole network is 60 million. The number of filecoin released every day will be affected by the network baseline, and will fluctuate with the increase or decrease of the number of participants and the effective computing power of the whole network. To some extent, due to the increasing number of miners, The fil income of single T effective computing power is on the decline.

In order to ensure the security of the network and the high quality of service, filecoin has set up a pledge mechanism. The new 1t effective computing power needs about 9 fils as a pledge. At present, the number of pledge in the whole network of filecoin has exceeded 60 million. Due to the linear mechanism, only 25% of the daily mining output of miners will be released immediately, and the remaining 75% will be released through 180 antenna release. Therefore, for miners, the investment in the early stage is greater than the expenditure, and for filecoin network, the inflow of funds is greater than the outflow.

Generally speaking, the characteristics of network benchmark, pre pledge, linear release, gas destruction and other models in the current economic model of filecoin greatly limit the liquidity of miners and stimulate the demand of miners for fil. Most of the fil of miners are pledged and frozen. To participate in the mining of filecoin, we must make a long-term plan.

Leading position of spatiotemporal cloud

Leading position, facts show, industry witness. Brother Kuang shared the relevant data of the current spatiotemporal cloud in the filecoin field.

At present, the “f0127595” node of spatiotemporal cloud ranks first in the effective computing power of the whole network with 107.19 PIB of effective computing power, and is the first miner with single node effective computing power exceeding 100 PIB.

The total effective computing power of spatiotemporal cloud’s series of service nodes has exceeded 400pib. By the end of March 2021, spatiotemporal cloud has mined more than 6 million fils and cashed 3 million fils for customers.

Filecoin has always been known as “the next generation of 100 billion level gold mine”. In the face of the dividend of the era of distributed storage, brother Kuang still calls for rational investment. Now, “security and stability” has become the core element for investors to choose miners. After all, only the more stable people go can they go further in the future!

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爱小豪
爱小豪

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