DeFi Intel

Filecoin chain

Chain · PageRank 0.0045

Source: api.llama.fi

Overview

Filecoin is a decentralized storage network that uses blockchain technology to create a market for data storage and retrieval. It is a layer-1 blockchain that coordinates storage providers and clients, using its native token FIL. It is built on IPFS (InterPlanetary File System) and uses Proof-of-Replication and Proof-of-Spacetime consensus.

Within the DeFi Intel graph, Filecoin connects to 5 tracked entities, most strongly to Uniswap V3, Infura, Filecoin.

Relations

Top connections in the DeFi Intel knowledge graph (confidence-weighted, 5 of 5 total).

RelationConnected entityConfidence
deployed_onUniswap V395%
deployed_onInfura90%
deployed_onFilecoin90%
governed_byFilecoin Foundation90%
deployed_onFIL85%

In-depth guides on Filecoin

Frequently asked questions

What is Filecoin?

Filecoin is a decentralized storage network that allows users to rent out unused storage space and earn FIL tokens, while clients pay to store data on the network.

How does Filecoin ensure data integrity?

Filecoin uses cryptographic proofs including Proof-of-Replication (PoRep) and Proof-of-Spacetime (PoSt) to verify that storage providers are storing data correctly over time.

What is the relationship between Filecoin and IPFS?

Filecoin is built on IPFS as its underlying data layer; IPFS provides content-addressed storage, while Filecoin adds an incentive layer for persistent storage.

What is Filecoin connected to?

In the DeFi Intel knowledge graph, Filecoin is linked to 5 other tracked entities, most strongly to Uniswap V3, Infura, Filecoin.

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