Wednesday, September 20, 2023
Well-known KOL: Rohman is also a popular KOL (Key Opinion Leader). He shares insights, trends, and market analysis about cryptocurrencies on social media, making him a well-respected voice in the industry with a large follower base.
Rohman is a highly respected cryptocurrency investment expert with many years of successful investment experience. He is known for his accurate market insight and excellent analytical ability, and has not only achieved considerable returns in the cryptocurrency field, but also accumulated a large number of followers.
FileBOX is honored to have Rohman as the host of this live AMA event. His expertise and experience will add great value to the event, and we will discuss in depth the future prospects of FileBOX and the cryptocurrency space.
AMAM content sharing:
Greetings to all the partners from the FileBox consensus community around the world, good evening! I am Rohman. Every blockchain enthusiast has an original intention of freedom and fairness. Our team has finally developed FileBox, a great project of Genesis, with unremitting efforts. Today I will take this opportunity to talk to you in depth about FileBox, including an introduction to the FileBox project and the value that FIleBox can bring to the industry.
ilebox project introduction
Filebox is a collaborative storage and computing platform built on the Filecoin second-layer network ZKAmoeba, which takes the sharing and optimization of storage resources to a new level. FileBOX not only brings multiple storage methods to users, but also opens up a global commercial ecosystem, allowing you to enjoy an unprecedented storage experience.
The FileBOX ecosystem is a key blockchain innovation project, jointly initiated by the world's top Filecoin mining pools and technology companies, with investment institutions including Filecoin Foundation, Filecoin Virtual Machine (FVM), FIL Labs, F2Pool, Hpool and other well-known companies. The core goal of FileBOX is to provide users with a new storage and computing experience by optimizing Filecoin storage resource configuration, building a developer application store, and providing traceable on-chain file services.
What is Filecoin Layer2?
Layer 1 is the base layer of the blockchain, also known as the underlying protocol layer. It is mainly responsible for handling the basic operations of the blockchain, such as transaction records, node verification, etc. Taking Bitcoin as an example, Bitcoin's Layer 1 refers to Bitcoin's basic protocol, including basic functions such as the Proof of Work (PoW) consensus mechanism, blockchain network, and smart contracts. Because Bitcoin's Layer 1 is relatively simple and provides only limited functions, it becomes very difficult to perform more complex operations on Layer 1.
In contrast, Layer 2 is a higher-level protocol built on top of Layer 1. It can extend the performance of the blockchain, improve scalability and security. Layer 2 can be a protocol for different use cases, such as payment channels, fast channels, or data storage channels. Since Layer 2 protocols are implemented on top of Layer 1, they ensure security by using Layer 1 encryption and consensus mechanisms, and only submit necessary transaction data to Layer 1.
In general, the biggest difference between Layer 1 and Layer 2 is that they solve different problems. Layer 1 focuses on issues such as basic network architecture and data verification, while Layer 2 focuses on solving advanced issues such as throughput and transaction latency. Because Layer 2 can improve scalability and processing speed, it is considered the future direction of many blockchain projects.
Next, let's talk about Filecoin's Layer2. After all, the foundation of our filebox is filecoin, and our mission is to improve the ecosystem of filecion. As one of the most typical public chain representatives of WEB3.0, Filecoin has participated in Filecoin more or less since its mainnet was launched in December 2020, or friends around have participated in Filecoin. Although the price is not very optimistic now, many people have begun to ignore it. However, the development of Filecoin in recent years can be described as rapid.
From the perspective of Filecoin itself, the entire Filecoin project has four stages:
① The first stage: the garbage data stage, through block rewards, to encourage network capacity expansion and verify the stability of network security. This stage is the stage of node computing power expansion;
② The second stage: the network disk stage, through the verification node, the effective data computing power can reach up to 10 times, because the security and privacy of distributed storage are improved, and network disk storage applications shine. This stage is the effective data stage, and real data is the basis of the real application stage of filecoin;
③The third stage: the retrieval and storage stage, content traffic applications use IPFS for storage, the demand for CDN-like content distribution acceleration increases, and the retrieval and storage revenue increases.
④The fourth stage: global distributed storage network infrastructure. A large number of Dapp applications use IPFS for storage. IPFS becomes an important distributed storage network infrastructure for the decentralized ecosystem.
Entering 2023, Filecoin has three major plans:
(1) Filecoin Plus Node Notary Program
Currently, filecoin has entered the second stage from the first stage. The core of the second stage is valid data. Filecoin is a distributed network designed to store the most important information of human society. The storage of valid data is the vision of the Filecoin network and the only way for the Filecoin network to continue to grow and develop, carry commercial data and move towards implementation. To this end, in order to encourage miners to store real data, the official allows the network to trust certain clients (notaries), bringing real needs to the Filecoin network, and through this solution, provides ten times the computing power for storage clients.
(2) FVM virtual machine
Since 2020, the number of DeFi projects, NFT projects, GameFi games, and Metaverse projects has increased rapidly, which has amplified the asset scale of mainstream public chains, while also allowing emerging public chains, cross-chain projects, and Ethereum Layer2 ecology to develop rapidly, and promoted the arrival of the multi-chain era. In the multi-chain era, products with their own characteristics have intensified users' cross-chain needs. More and more technical developers in the market have followed this trend and sought better cross-chain solutions among various isomorphic public chains, heterogeneous public chains, Ethereum Layer2 and other projects. Among this series of cross-chain solutions, the technical improvement and application development of virtual machines have become the next direction of technical attention.
As one of the leading public chains for distributed storage, the IPFS incentive layer is also actively adapting to the new cross-chain environment. The IPFS Protocol Lab elaborated on its future vision for FVM in detail a few years ago: The goal of FVM is to enable users to deploy their own smart contracts on the IPFS incentive layer chain.
(3) Leader in the WEB 3.0 Era
I believe everyone is familiar with the term Web. Previously, the Internet has gone through one and two generations in the long river of historical development. Now that technology is developing rapidly, those who do not keep pace with the times are destined to be eliminated by the times. Under such circumstances, the Internet has ushered in the Web3.0 era. The world economy supported by Web3.0 is a data economy, and all data-based applications cannot do without storage. At present, Web3.0 seems to have no better solution to achieve distributed data storage except using the IPFS storage protocol. IPFS can provide underlying data storage technology support for web3.0.
Filecoin’s Layer 2 is designed to improve the performance and scalability of the Filecoin network. As a decentralized storage network, Filecoin needs to face large-scale storage requirements and transaction volume. However, Filecoin’s Layer 1 network may face performance bottlenecks, including slow transaction speeds and high handling fees. By introducing Layer2 solutions, the performance and efficiency of the Filecoin network can be significantly improved.
Layer2 can handle a large number of transactions, reduce transaction confirmation time, and reduce transaction costs. This not only helps improve user experience, but also attracts more developers and applications to join the Filecoin ecosystem. In addition, Filecoin's Layer2 can also realize more functions and applications, such as smart contracts, decentralized application stores, etc., further expanding the use and potential of Filecoin. Therefore, Filecoin's Layer2 is an indispensable part of making the Filecoin network more competitive and meeting future storage and computing needs.
ZKAmoeba is one of the best representatives in the Layer2 track of filecoin. It is a Layer2 project officially recognized and strongly supported by filecoin. ZKAmoeba has strong market advantages in improving Filecoin performance, supporting high-frequency transactions, fast storage and easy search, while reducing costs and enhancing privacy and security.
What can Filebox bring to the industry? What is its value?
As the first Defi application in the ZKAmoeba ecosystem, the birth of FileBox is undoubtedly a milestone in the development of Filecoin's Layer2 ecosystem, indicating that Filecoin will create more possibilities on the road of ecological application development.
The three highlights of FileBOX ecosystem:
① FIL storage ecosystem: FIL storage ecosystem FileBOX and Filecoin, the world's leading blockchain storage project, work closely together to build an efficient and reliable storage ecosystem. Users can make full use of Filecoin's storage resources through the FileBOX platform and share idle storage space with users in need, thereby maximizing the use of storage resources. This ecosystem enables users to have powerful storage capabilities, while also allowing storage providers to obtain actual benefits, making FIL no longer just a digital asset, but also a bridge connecting storage and computing.
②App store ecosystem: One of FileBOX's visions is to become a decentralized app store, providing developers with a convenient platform for developing and deploying blockchain applications related to storage and computing. On the ZKAmoeba Layer 2 network, developers can easily transform their ideas into practical applications, and completely turn ownership, payment and other functions to blockchain technology. This innovative ecosystem provides a strong driving force for innovation in the digital ecosystem, establishing a closer connection between developers and users.
③ File tracing and compliance ecology: FileBOX provides advanced file tracing functions worldwide, and uses the high speed of Layer 2 data analysis to achieve the auditability of historical file changes. This function not only provides a safe and reliable file management environment for enterprises and users, but also plays a key role in global business. At the same time, FileBOX is committed to complying with the laws and regulations of various countries, ensuring the legality of services, providing corporate users with a compliant business model, and promoting the widespread implementation of FIL's commercial applications.
The three major ecological fields of FileBOX will be the key engines of its development, injecting new vitality and innovation into the fields of blockchain storage and computing. We look forward to working with users, developers and partners to shape the digital ecology of this new era and bring more opportunities and potential to the blockchain world. The launch of the FileBOX ecosystem means that Filecoin technology has officially entered a new era of commercial application. In this new era, FileBOX will not only be part of the Filecoin storage network, but also a blockchain storage and computing platform that connects the future.
