Read the latest FileCoin news and analysis from the TipRanks news team.
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FileCoin and Blockchain Related Companies
These are companies that are actively involved in the development and utilization of FileCoin and blockchain technologies
Name
Price
Price Change
Analyst Price Target
Analyst Consensus
Smart Score
Top Analysts' Price Target
Most Accurate Analyst
Most Profitable Analyst
Yearly Gain
Follow
Currently, no data available
Rows:
10
FileCoin FAQ
What is the price of one FileCoin?
The live price of FileCoin (FIL-USD) is $3.31.
What’s FileCoin All-Time High?
FileCoin's (FIL-USD) all-time high is $237.55.
What is the total supply of FileCoin?
The total supply of FileCoin (FIL-USD) is 596.67M coins.
What is FileCoin dominance?
FileCoin (FIL-USD) dominance is at 0.0730%.
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What is FileCoin?
FileCoin
This open-source decentralized project was founded by Juan Benet in 2017, and it provides decentralized data storage. This decentralization makes users the custodians of their own data as compared to centralized repositories.
On Filecoin, storage miners store data for rewards, retrieval miners retrieve data for a reward and users pay for storing or retrieving their data. The network is based on an interplanetary file system (IPFS) which was created by Juan Benet. The network uses Proof-of-Replication and Proof-of-Spacetime (for miners). Importantly, the marketplace for data storage lowers overall costs of data storage.