Filecoin is a decentralised storage system that acts as an incentive layer for the Interplanetary File System (IPFS), a peer-to-peer storage network. It was designed to incentivize the reliable storage of files on the network. It is an open protocol and backed by a blockchain that records commitments with FIL, the blockchain’s native currency. The blockchain is based on both proof-of-replication and proof-of-spacetime.
Market cap
$0 0.00%Circulating supply
0 FILTotal supply
unlimitedFilecoin aims to “store humanity’s most important information.” Unlike cloud storage companies, which are prone to the problems of centralization, Filecoin leverages its decentralized nature to protect the integrity of a data’s location, making it easily retrievable and hard to censor.
Filecoin was founded by Juan Benet. He is the founder and CEO of Protocol Labs, which he started in May 2014. Protocol Labs is an open-source research, development, and deployment laboratory. Their projects include Filecoin, IPFS, and libp2p.
Benet is an American computer scientist who studied at Stanford University. He is best known for creating Filecoin, a file storage network that is crypto-incentivized; and IPFS, an open-source, peer-to-peer, decentralized web protocol.
Data Storage Expert, with Focus on Customer Success. In his previous roles, Sherif has been a senior systems engineer at Dell and a technologist at Western Digital.
Founding Executive Director of the Blockchain Association, the most influential trade association focused on blockchain and cryptocurrency issues.
The Filecoin Foundation is one of many contributors to Filecoin, a decentralized storage network, powered by cryptocurrency. As Head of Marketing and Communications, Rachel focuses on fostering and growing the Filecoin community.
Marta is chair of the Filecoin Foundation. In her previous roles, she has served as General Counsel & Head of Policy for Protocol Labs and Special Counsel for the Electronic Frontier Foundation.
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FIL has numerous use cases, among which is the ability to book over 3,000,000 travel products on Travala.com, including hotels, homes, flights, and activities. With accommodation in over 230 countries and territories, 600+ airlines, and more than 400,000 activities, Travala.com’s selection provides travelers with extensive choice when booking with FIL.
Travala.com’s intuitive booking experience is designed to be familiar and simple to navigate. Travelers simply choose their desired travel product(s), enter their details, and select from the variety of available payment options, including traditional credit and debit cards, FIL, and 90+ other cryptocurrencies.
Not traveling anytime soon? No problem! The use cases of FIL extend beyond the Travala.com platform.
Not traveling anytime soon? No problem! The use cases of FIL extend beyond the Travala.com platform.
Anyone can store or validate data within the network. Under the hood, all Filecoin nodes use IPFS, one of the most widely-used data distribution protocols for Web3.
Users can earn FIL tokens by providing data storage and retrieval services to users across the global network. The more data that a miner stores, the greater their storage power. By increasing storage power the miner increases the likelihood of generating new blocks and winning block rewards.
Visit Travala.com and search for a hotel, home, flight, or other travel product by entering your destination and dates.
Select your desired choice from the available options.
Enter the required traveller details.
Select Crypto as your payment method, then select FIL.
Click Complete Reservation. In your FIL wallet, input the generated address by scanning the provided QR code or by copying the text. Ensure that the exact FIL amount is entered and send the payment.
Click Payment sent. Your transaction will be processed, and you will receive a confirmation email once your voucher or e-ticket is available.
Exchanges and partners where you can buy, sell and trade FIL:
Store your FIL securely with the following wallets:
Filecoin is secured through proof-of-replication and proof-of-spacetime. Proof-of-Spacetime verifies the file is being stored, unaltered, over the agreed-upon duration. Proof-of-Replication verifies the agreed-upon number of copies of a file are being stored.