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First of all, let's take a look at the IPFS. The Chinese name of IPFS is the Star File System. Like the HTTP protocol, it is the underlying protocol of the Internet, which is a distributed storage underlying protocol. As one of the underlying technologies of the Internet, IPFS is the decentralized distributed storage. Compared with the traditional centralized storage HTTP protocol that has been used for more than 20 years, it is more efficient, safer, more privacy, permanent, and more cost -effective. Low, because these characteristics IPFS fill and replace the HTTP protocol is only a matter of time.

In IPFS, let's talk about Filecoin. Filecoin is an IPFS protocol. The node contributes its storage and bandwidth to the IPFS ecosystem. The two are complementary relationships, promote each other, and provide excellent solutions for decentralized distributed Internet. The number of FIL currency issuance of 2 billion pieces, a 6 -year reduction mechanism, it takes 60 years to finish it. Among them, the agreement laboratory accounts for 15%, the FIL Foundation accounts for 5%, the venture capital institutions account for 10%, and the miners account for 70%. Essence