“There’s no proof-of-stake version in which the energy to store files goes to zero,” Ransil said, alluding to the non-mining consensus mechanism used to secure newer blockchain networks. “Using Filecoin is always going to use a fair amount of energy. So we want to set up our ecosystem to demand renewable energy. It should make us a player in energy markets, and act as a … [Read more...] about Filecoin Might Have a Way for Bitcoin to Fight Its Energy Critics (if Miners Use It)
Filecoin
Filecoin the talk of the town, Polkadot and NFTs gain attention
Distributed storage network project Filecoin is the talk of the town as FIL was the most highly traded token on Huobi, OKEx and Gate on Thursday. These three exchanges have a predominantly Chinese user base and represent a large part of the Tier One trading volume for major pairs. On Thursday afternoon, Huobi trading volumes of FIL were more than three times that of BTC as the … [Read more...] about Filecoin the talk of the town, Polkadot and NFTs gain attention
BitTorrent (BTT) Throws Another Jab at Filecoin (FIL)
In brief: In a recent tweet, the team at BitTorrent (BTT) has highlighted why the BTFS file system is better than Filecoin (FIL). The teams behind both projects have been throwing jabs at each other ranging from accusations of plagiarism and going as far as claiming the other is ‘vaporware’. Filecoin’s (FIL) Mainnet is set to be launched between mid-July and mid-August. In a … [Read more...] about BitTorrent (BTT) Throws Another Jab at Filecoin (FIL)