Category: Filecoin

Filecoin miners will now receive 25% of block rewards immediately with no vesting period

Filecoin miners will now receive 25% of block rewards immediately with no vesting period

Filecoin miners that installed the latest network upgrade are now able to access 25% of their block rewards immediately without vesting. Filecoin’s network lead Molly posted in the project’s Slack channel on Wednesday that the Lotus 1.1.0 was available for download, which is a mandatory upgrade for those that want to keep participating in the […]

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Filecoin Founder Accuses Justin Sun of Spreading Lies About FIL Tokens as Fresh Dumping Allegations Emerge

Filecoin Founder Accuses Justin Sun of Spreading Lies About FIL Tokens as Fresh Dumping Allegations Emerge

Juan Benet, a founder at Filecoin, is attacking Justin Sun for spreading completely false accusations about the movement of the FIL tokens soon after listing. In his long Twitter rebuff, Benet accuses Sun of spreading lies with the intention of harming the Filecoin project financially. Calling the accusations ridiculous, Benet says no one from the […]

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Filecoin miners are holding back their growth plans because of the network’s economic model

Filecoin miners are holding back their growth plans because of the network’s economic model

The current design of Filecoin’s economic incentive model has led major miners to halt or significantly slow down the growth of their effective computing power on the recently launched network. To be sure, these miners did not turn off their hardware to reduce the amount of their effective mining power altogether. But the overall slowdown […]

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Binance Futures To Launch FIL/USD Coin-Margined Perpetual Contract Despite Ongoing Controversies

Binance Futures is all set to launch a FIL/USD coin-margined perpetual contract with trading starting from the 20th of October at 7: 00 AM (UTC). According to the official blog post, the FIL/USD coin-margined perpetual contract is a futures contract that uses FIL as collateral. Herein, the users will be able to choose between 1-50x […]

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Filecoin Miners Start a Strike – FIL Validators Claim the Project’s Economic Model Is Not Working

Filecoin Miners Start a Strike – FIL Validators Claim the Project’s Economic Model Is Not Working

The Filecoin project has surely seen a lot of hype but during the last few weeks before the launch, the cooperative digital storage crypto project has been criticized a great deal. This weekend a few Filecoin miners have been on strike and claim the economic model is not working out for them. Just recently the […]

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Filecoin Offering: Community Alleges Token Dumping, Tron’s Justin Sun Wants the US SEC to Investigate

Filecoin Offering: Community Alleges Token Dumping, Tron’s Justin Sun Wants the US SEC to Investigate

The recent Filecoin (FIL) token offering is creating controversy as some crypto community members are alleging that an unknown account has received 1.5 million tokens when only 500,000 were due for unlocking. According to reports, 800,000 tokens out of the 1.5 million of such tokens have been transferred to Huobi and other exchanges. Filecoin Denial […]

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