Ad
FIC Filecash
FIC Price
$0.00031
-0.01% Market Cap
$7.9K
24H Volume
$3
Circ Supply
25.72M
Filecash Info
Filecash is the first pre-fork project of Filecoin. It is a distributed cloud storage platform that aims to use the world’s idle storage space to serve the storage market. At its core, Filecash is an incentivization layer of the IPFS protocol. The blockchain is based on both proof-of-replication and proof-of-spacetime.
Filecash was started by Filecoin community members who believed that Filecoin and its developer, Protocol Labs, were straying away from IPFS’s original goals. Filecash was created as a pre-fork project of Filecoin (forked before Filecoin’s mainnet launch) and aims to achieve a similar goal in a different manner. Mainly, Filecash aims to lower the barrier to participation for miners and all other participants in its ecosystem.
Filecash Features
FIC is the native utility token that is mainly used for:
- FIC must be deposited as collateral by Miners who are mining FIC.
- FIC holders can lend FIC to miners who can use it to deposit collateral.
- Users who want to store data on the Filecash network must spend FIC to use the network.
All images, branding and wording is copyright of Filecash. All content on this page is used for informational purposes only. CryptoSlate has no affiliation or relationship with the coins, projects or people mentioned on this page. Data is provided by CoinMarketCap and TradingView.
