Development Trend of FIL Currency in 2021 (What is the FIL Currency)
The development trend of FIL currency in 2021. According to the data from Filfo
The development trend of FIL currency in 2021. According to the data from Filfox Browser, the effective computing power of the Filecoin network was 12.56PiB by the end of 2020. In addition, in the past year, miners have actively conducted research and analysis on the quantity of staking and the halving of block rewards on the main network, and have proposed some suggestions, including: 1. Increase Gas fees.2. Reduce transaction fees, improve mining efficiency, and increase TPS.3. Support a lossless lottery system.4. Optimize DAPP developer experience.5. Improve DeFi applications and increase liquidity, etc.
What is the FIL currency?
According to official news from Filecoin, FIL is the token sub-currency of Filecoin. Filecoin is a distributed file system protocol (DApp). The project was founded by Zhang Xiaochen, a former Huawei engineer and a Chinese mobile internet security expert.
FIL is a content-sharing network based on IPFS storage and transmission, allowing anyone to encrypt and share content peer-to-peer while uploading and downloading files without having to pay for server costs, maintenance costs, or other burdens. Users can earn rewards by providing services to Filcoin or earn interest by contributing to it. (BlockBeats)
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