Category: Filecoin

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Filecoin network suffers temporary outage

The Filecoin network is recovering as miners upgrade to a new client after a four-hour network outage. Decentralized storage protocol Filecoin (FIL) came to a standstill on Dec. 19 as a bug caused instability on the network. According to a project status report issued by the Filecoin team: “The Filecoin network is halted with most…
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Filecoin storage tops 1 billion GB as tokenized FIL launches for use in DeFi

Anchorage and Tokensoft have launched wFIL, a wrapping protocol allowing Filecoin to be used on Ethereum. Cryptocurrency infrastructure providers Anchorage and Tokensoft are teaming up to wrap FIL, the native token of decentralized file storage network FIlecoin, for use on Ethereum. The firms announced wFIL on Nov. 23, promoting its use in decentralized finance applications…
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Filecoin creator denies strike allegations

“Miners are following the protocol, and making a ton of money doing so,” said Juan Benet on Twitter. Juan Benet, the creator of blockchain-based data storage platform Filecoin, has called allegations that miners of its token have been on strike since last week “nonsense.” According to a report by 8btc.com, five of the largest Filecoin miners…
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Following whipsaw launch, Filecoin looks to weeklong conference for stability

After two days of wild volatility for FIL, Filecoin’s Liftoff Week conference aims to chart a path forward Two days after a whiplash-inducing launch that saw Filecoin’s FIL token rocket 118% before a nearly 80% plunge, the blockchain-based data storage platform turns now to a weeklong digital conference in the hopes of righting the ship. …
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ICO from 2017 expects October mainnet launch

This project is continuing to build momentum three years after their token sale. After securing millions of dollars via an initial coin offering in 2017, decentralized data housing platform Filecoin now aims to launch its mainnet. Filecoin will move over to its own blockchain in stages, rather than all at once, according to a Sept.…
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Filecoin unveils the second phase of Space Race

More testing for their mainnet. Filecoin has invited all miners around the world to participate in the second phase of its contest Space Race, which aims to help prepare its mainnet.  Filecoin explained in a post that it decided to conduct Space Race 2 after the large participation of miners in the first Space Race,…
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Miners on Decentralised Storage Network Compete For 4 Million Token Prize

It’s a different kind of Space Race. Filecoin, a blockchain-based decentralized storage project, is officially launching its testnet- Space Race to test out the network before the mainnet launch. As promised, Filecoin will start its testnet launching competition. It encourages global miners for the next three weeks to be competing for up to four million…
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Filecoin Mainnet Launch “Is on Track”

Filecoin’s mainnet is on pace, with its testnet competition possibly commencing in July. After releasing details of its testnet competition several days ago, Filecoin business development staff Angie Maguire said the project’s mainnet is on pace for this summer. “The Filecoin mainnet is on track for our launch window July 20 to Aug. 20,” Maguire…
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Filecoin Enters Final Frontier Prior to Mainnet

Filecoin revs up test net, hosting a competition prior to its mainnet unveiling. Blockchain-based decentralized data storage solution Filecoin unveiled its testnet recently, complete with a competition.  In an act of network experimentation, Filecoin’s test network will host a three week mining contest worldwide, with 4 million of the project’s FIL tokens up for grabs…
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$257 Million ICO Project Filecoin Has New Launch Schedule, Gemini Custody Solution

After facing delays, $257 million ICO Filecoin expects to launch its mainnet in Q3 2020, with Gemini offering custody support. After facing multiple delays, Filecoin (FIL) is now looking toward a mainnet launch in Q3 2020 — which will be supported by a Gemini exchange custody solution. Filecoin will send ICO participants their FIL coins…
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