Even in places where bitcoin miners are concentrated, a large number of mines have closed due to economic policy. According to statistics, the unit outage time is about 8 million kilowatts. Following the economic development of Inner Mongolia and Xinjiang, Sichuan, the operator of hydropower enterprises dominated by clean production and energy, has not become the last bastion of Bitcoin in the Chinese market.

However, every development has two sides. The closed enterprises in Sichuan eliminated and disposed of a large number of shanzhai coins, and in this way cleared a large number of rat excrement for the market and purged the market.

IPFS is now widely accepted as distributed storage. Some local governments and leading enterprises have also participated in this technological change to respond to the choice of The Times and the choice of opportunities. The government support to support and integrate the IPFS distributed storage field is of great significance to the development of the entire industry in China.

As far as IPFS is concerned, File has only one excitation layer compared with Coin. Different from Bitcoin’s mining mechanism, IPFS does not require too much computation, so IPFS consumes little energy and only needs high bandwidth and hardware hard disk.

Filecoin protocol can independently provide relevant data storage and retrieval services according to the network development of storage providers. This type of storage service provider does not rely on other third parties, simply because we need to provide an information service based on existing social networking protocols and consensus, and then through service management fees and block incentives.

Filecoin has some innovations, including its storage certificate, including copy proof and space and time proof. As a blockchain project, Filecoin’s resonance mechanism is also the first time in a large public chain project that enterprises can achieve economic resonance. Filecoin is a green consensus approach through comparative analysis.

Data is the blockchain of life, storage is the land, code is the law, in other words, Filecoin is the blockchain infrastructure, the blockchain “data we live” medium, dedicated to improving the processing of corporate privatization of human society’s property, in order to change the world’s view of the Internet information data.

Filecoin technology is designed to better handle the phenomenon of data storage and transmission. Relying on Filecoin system, it greatly reduces the cost of enterprise data storage and transmission, and improves the security of information data storage.

Web3.0 is meant to decentralize the Web, and IPFS will become an alternative protocol to HTTP. As IPFS has the characteristics of decentralized storage, immutability and information encryption, it enables users to control their digital identity and data by themselves, and people can choose to vote and participate in dividends, so as to realize the benign interaction between developers and users.

As IPFS becomes an alternative to HTTP, Web3.0 will surely break the monopoly of today’s giants and make the Internet value and decentralized, so that Internet users will no longer be limited by the accumulation of existing resources and have a more equal opportunity to gain wealth and fame.

IPFS value embodiment

After the total ban on mining in China, Chengdu municipal government of Sichuan province will lead relevant units to hold Web3.0 China Summit, IPFS Blockchain Industry Ecology Conference, which shows the value and status of IPFS on the Internet.

As a leader in the global distributed storage industry, IPFS is favored by local governments. Faced with the choice between times and opportunities, some local governments and leading enterprises are willing to participate in this scientific and technological revolution.

The government’s support and integration of IPFS distributed storage is of great significance to the entire domestic industry.

The Chinese Academy of Sciences

On April 24, 2021, the Chinese Academy of Sciences (IPFS) Joint Laboratory of Distributed Storage was established in Dongguan, Guangdong

This is another national IPFS research institute after the establishment of the distributed storage research center of China Industrial Development Institute (IPFS), which is supervised by the National Development and Reform Commission. IPFS distributed storage technology has been recognized and participated by more heavyweight scientific research institutions.

People’s cloud network

On January 27, 2021, People’s Daily Online announced the use of IPFS technology.

“People’s Cloud Network is a blockchain distributed storage data center network under People’s Data (National Big Data Disaster Recovery Center), a joint venture between People’s Daily Online and the Ministry of Industry and Information Technology.

Chinese Academy of Social Sciences

On January 11, 2021, Zhejiang Provincial Development and Reform Commission, Zhejiang Academy of Sciences, Zhejiang Academy of Social Sciences, Zhejiang University and other leading groups formally established the 2021-5G new infrastructure IPFS innovation research team.

Blockchain, this is a time to give the opportunity

IPFS and Filecoin were created to store the most important information in human society. As a new generation of blockchain Internet technology, IPFS& Filecoin has been listed as a key development plan for core technologies such as the construction of new infrastructure data center in the country’s new infrastructure planning. Distributed storage will create a new generation of Internet underlying transmission protocol, IPFS will become one of the strongest current trend wind field.

Due to the impact of the policy, the whole cryptocurrency market has been in a depressed state, the price of various currencies has also plummeted, Ethereum mining and Bitcoin trading are restricted in plain language, many people are scared, so a large number of miners have poured into FIL mining, but the policy has no impact. As a result, there are more and more FIL miners and less and less mining. FIL coin is a cryptocurrency with practical value, which is still in the development of the whole project, and all aspects of it need to be improved step by step. Share prices are down, which is not a bad thing for FIL.

In fact, digging coins is “drought and flood protection”, value preservation and appreciation, as an investor, the long-term vision is to enter the primary market; Mining is also a kind of investment, long-term return, as long as your machine is working properly, every day can produce a certain number of coins, the income will continue. However, has the price of FIL remained stable? Of course, it will change. Now the people in the field are queuing up. When the cost drops sharply, it will inevitably flock to the field, resulting in a sharp rise in computing power, a sharp decline in the production of coins per T, the deflation of FIL currency in circulation, and the price of FIL currency will rise sharply.

Future value of FIL? In fact, IPFS is not as simple as a project or a coin. In the future, IPFS will replace HTTP to distribute storage. This is also a technological revolution in the field of Internet innovation. Break the centralized storage methods such as Ali Cloud and Huawei Cloud, and realize the global consensus of landing applications worldwide. At that time, some government departments, enterprises and institutions, as well as some major network platforms, could only use it.

With the arrival of the Internet 3.0 era, distribution is quietly changing the traditional Internet world. The development and popularization of big data, 5G, artificial intelligence and other technologies have accelerated the process of global digitalization. To do this, we must maintain a positive and optimistic attitude and guide local industries to develop and grow China’s digital economy through the industrialization of blockchain and decentralized storage technologies.