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Filecoin

FIL Mineable Distributed Computing Filesharing
$0.8983
-0.40% (24h)

Market Stats

Price
$0.8983
-0.40% (24h)
Market Cap
$675.9M
Volume (24h)
$86.20M
Supply
752.44M FIL
FDV
$1.76B

Shariah Analysis

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Last Screening: Q1 2024

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In-Depth Analysis
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Technical Analysis

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Latest News

Hash Media 20d ago
Bermuda partners with Filecoin to preserve public data on Blockchain
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crypto.news 38d ago
Filecoin price confirms bullish reversal setup as exchange balances drop, is a breakout coming?
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Altcoin Buzz 63d ago
Upbit Shifts User Funds to Safer Offline Storage
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Crypto Front News 81d ago
FILUSDT Holds Key Support at $1.85 as Buyers Target Breakout Toward $3.9
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CoinLineup 85d ago
Filecoin Onchain Cloud Launches, Marking Decentralized Cloud Era
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Newsroom - Chainwire 86d ago
Introducing Filecoin Onchain Cloud: Verifiable, Developer-Owned Infrastructure (18 Nov)
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DeFi Planet 86d ago
Introducing Filecoin Onchain Cloud: Verifiable, Developer-Owned Infrastructure
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ETHNews.com 86d ago
Morgan Stanley Sells $104M in Bitcoin-Linked Structured Notes Despite Market Turmoil
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About Filecoin

Filecoin is a decentralized, peer-to-peer storage network built on IPFS, designed to provide secure and reliable storage for critical data. It incentivizes participants by rewarding storage providers, creating a trustless marketplace where users pay for data storage, and providers must prove storage validity. With the Filecoin Virtual Machine enabling smart contracts, Filecoin offers a dynamic and scalable storage solution for Web3, reducing barriers to entry for storage providers while supporting public data preservation, and offering innovative financial mechanisms like FIL lending and stablecoin payments.

Consensus Mechanism

Proof of Replication (PoRep), Proof of Time and Space (PoSt), and Expected Consensus.