Filecoin Official News 99: Fast Finality (F3) transformative leap for Filecoin will be fully deployed in January 2025! Improving transaction speed and cross-chain operations!
Filecoin Official News 99: Two weeks apart: The total physical storage capacity of the network is 4.6+EiB (a decrease of 0EiB or 0PiB since last time); 4600 contracts deployed on the FVM virtual machine (an increase of 0 since last time); 8825 developers (an increase of 0 since last time); 585 startup projects (an increase of 0 since last time); 1975 storage provider nodes (a decrease of 62 since last time)
Image
✨ Highlights ✨
Filecoin makes Fast Company's Next Big Thing in Tech list
Fast Company has included Filecoin Network in its fourth annual list of the Next Big Things in Tech, recognizing emerging technologies that have a profound impact across various industries—from education and sustainability to robotics and artificial intelligence. The Filecoin network is seen as a key part of the internet infrastructure powering decentralized artificial intelligence.
Filecoin NV24 upgrade: Enhanced security, stability, and developer performance
The NV24 upgrade of the Filecoin network brings key enhancements to security, developer functionality, and economic stability. Key updates include a lower bound for sector initial pledges to ensure collateral consistency, stabilizing the network's consensus and token circulation. Improvements for developers include expanded support for advanced Ethereum features like EIP-5656 and access to historical randomness, enabling the creation of more efficient and secure smart contracts on Filecoin's Ethereum Virtual Machine (FEVM). Together, these updates strengthen Filecoin's mission to provide a robust decentralized storage platform for humanity's most important information.
🌎 Community Update 🌎
Gitcoin and Filecoin introduce Futarchy for public goods funding
Gitcoin and Filecoin are trialing a public goods funding approach inspired by futarchy and are providing a prediction market for RetroPGF Round 2. This innovative mechanism allows community members to bet on project success, providing valuable insights for badge holders on funding allocation. By focusing on the top 10% and bottom 10% of proposals, this experiment aims to highlight high-impact initiatives while minimizing low-value investments. Traders leverage their ecosystem knowledge to refine predictions, enhance the funding process, and ensure more efficient resource allocation. Learn more and participate in the prediction market here.
Discussing the future of Filecoin's growth and decentralized systems with Juan Benet
In this special episode of DWeb Decoded, Jonathan Victor, co-founder of Ansa Research, discusses the transformative journey of the network in FIL Bangkok with Filecoin founder Juan Benet. They delve into innovations shaping decentralized networks, from scaling decentralized storage to implementing climate solutions and protecting digital human rights. Watch this episode now.
DeStor launches SDK solution to simplify decentralized storage access for developers
DeStor, a leader in decentralized storage solutions, is launching the DeStor SDK aimed at enabling developers to embed decentralized storage capabilities directly into their applications. With the growing demand for secure, resilient, and scalable storage, the DeStor SDK solution offers developers a streamlined, accessible way to leverage the benefits of decentralized storage, transforming traditional data management practices.
🛠️ Tools 🛠️
Fast Finality (F3): A transformative leap for Filecoin
Fast Finality (F3) upgrade will fundamentally change Filecoin's consensus layer, reducing the deterministic time from 900 epochs to just 2. This breakthrough improves transaction speed, enhances cross-chain operations, streamlines storage provider onboarding, and achieves more efficient light clients. Following rigorous testing and adjustments, F3 is set to launch on the mainnet with the upcoming NV25 upgrade, starting calibration in December and fully activating on the mainnet in January 2025. The community can track progress through a dedicated dashboard and contribute to testing via Slack. Learn more about how F3 is reshaping Filecoin in this blog by the FilOz team, or stay updated in the #fil-fast-finality Slack channel.
Your data, super strong: From web3.storage to Storacha
The transition from web3.storage to Storacha is not just a name change; it is a leap in decentralized storage. Your data remains secure and accessible without migration. Storacha accelerates development through ultra-fast retrieval supported by decentralized hot storage nodes, incentivizing node participation, and seamless integration between Filecoin and IPFS. This upgrade keeps your data decentralized, fully owned by you, and easier to access than ever. Storacha is built for the future of web3, combining security, speed, and scalability to enhance your data. Dive deeper into Storacha's next-generation storage solutions at storacha.network and experience the future of decentralized data today!
Last issue:
Filecoin Official News 98: Hot data storage chain Akave secures $3.45 million in seed funding! Improving fil network performance! Physical storage space 4.6EiB!
