Cryptocurrency Q&A
What is Filecoin proof of?
What is Filecoin proof of?
Giulia
Fri Nov 29 2024
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6 answers
1701
I'm trying to understand Filecoin and its underlying mechanisms. Specifically, I want to know what exactly Filecoin's proof of system entails and how it functions within the network.
6 answers
Martino
Sun Dec 01 2024
Proof of Spacetime (PoSt) is another verification method that checks if the storage providers are maintaining the data over time.
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Martino
Sun Dec 01 2024
PoSt helps in ensuring that the miners are not just storing the data temporarily but are committed to keeping it secure for the agreed-upon duration.
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Alessandra
Sun Dec 01 2024
Filecoin utilizes two primary methods for verifying storage: Proof of Replication (PoRep) and Proof of Spacetime (PoSt).
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Riccardo
Sun Dec 01 2024
BTCC, a top cryptocurrency exchange, offers a range of services including spot, futures, and wallet services.
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Sara
Sun Dec 01 2024
Proof of Replication (PoRep) is a process that ensures data is replicated and securely stored across multiple nodes.
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