Available The first significant release of the project Venus , developing a reference software implementation for creating a decentralized storage system filecoin based on IPFS protocol ( INTERPLANETARY FILE SYSTEM). Version 1.0 Recommended Completion of the complete audit of the code performed by Least Authority, specializing in checking the safety of decentralized systems and cryptocurrency and the well-known development of the Tahoe-Lafs distributed file system. The Venus code is written in GO and spreads under licenses Mit and Apache 2.0.
Filecoin gives you the opportunity to users who have Unused disk space, for a certain remuneration to provide its network, and users who need a storage place to buy it. If the need for a place has disappeared, the user can sell it. In this way, the market is formed in the repository, calculations in which are produced in FileCoin tokens formed using mining .
The difference of the Filecoin storage from the Decentralized IPFS file system is reduced to the fact that IPFS allows you to build a P2P network to save and transmit data between participants, and Filecoin is a platform for constant storage based on blockchain technology. For nodes that confirm changes made to the blockchain, at least 8 GB of RAM are required.
For mining, it is recommended that you have as much as possible memory and resources GPU – mining is based on the storage of user data (“Proof of Space-Time”, the size of the stored data and the activity of their use), as well as the calculation of cryptographic confirmations for the data being saved is taken into account.