Sat Nov 23
The upcoming Filecoin Mainnet would be a long-term investment? Depends on its R and D strength
2020-10-14
The only breaking news in Blockchain industry in 2020 would be the official launch of Filecoin at the height of epoch 148888 with the total raised money of 257 million dollars after several delays and it is expected to reach this height around October 15, 2020.
In the past months, Filecoin has made great improvement online. It has completed the second stage of the main network proven trusted configuration and launched the drand major network with Cloudflare, Ethereum and other partners, delivered the full featured lotus 0.5.0 which can be used to achieve the Filecoin. The Filecoin lighting project hackathon series of activities and accelerator attracted thousands of community members to participate in. In the past four weeks, more than 400 miners from 34 countries and regions in six continents uploaded the storage capacity of 325 + PiB to the Filecoin network.
We were surprised to find that various excellent teams appeared in the two space races, which had deeply studied and verified the Filecoin network. And a very low-key team caught our attention, which was HELMSMAN from China.
Without too much publicity or exposure, this team ranked the top in a series of tests, which has proved its strength by its good data.
The HELMSMAN is first to be known in the preliminary round of network testing, which is among the first batch to be invited by Filecoin to participate in the test. In addition, shortly after the HELMSMAN entered the HE big data room in the United States, there were a series of good news. In the first round of test, T01011 nodes are in the first camp, the block rate ranked the third, and the storage capacity ranked the fourth; its total storage capacity took up 11% of the whole network, ranking the second in the world. In the second round of testing, they finished the sector packaging first with the use of cost-effective equipment. The storage capacity ranked the sixth and the block output rate ranked the fifth. After the second round of test network reset, the unofficial node had the first block output rate as well as the second storage capacity. They were invited to become a "white hat hacker" of the Filecoin network. In the latest round of space race, HELMSMAN’s node took the lead in the world and became the first to complete 32GB sector packaging. Later, it won the First Prize in Asia successively with the most profit of single trade. In the Slingshot race, HELMSMAN’s project, Starry Sky in Yunnan, won one of the most valuable data storage projects of Filecoin, etc. They've won so many rewards and honors that it's impossible to list all of them.
For a node having been deeply engaged in the IPFs for two years, all these honors are not overvalued. Two years ago, I even didn't know what HELMSMAN was, but today, two years later, the HELMSMAN team has gradually become an indispensable part of the Filecoin network.
The latest round of financing of the traditional mining machinery manufacturer Bitmain is estimated to be about 15 billion dollars, including Sequoia Capital, Sinovation Ventures, C-fund and other well-known investment institutions. At present, the value of the HELMSMAN is only 1.4 billion dollars. It is said that many global well-known investment funds are in the negotiation process of investment. Who dares to deny that the HELMSMAN will not be the next Bitmain?
Filecoin is the future of data in distributed storage, and what HELMSMAN layouts is the foundation of the future world.
In the real world, the production materials and assets are growing at a low speed or not. Only data, can grow at a high speed and gradually form an ocean of data at present and in a visible future. Currently, IPFS is most likely to support this vast ocean.
The above is only a personal view, which is not for investment advice.
https://markets.financialcontent.com/stocks/news/read/40507621/the_upcoming_filecoin_mainnet_would_be_a_long
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