Just to be clear, what we call IPFS mining is actually doing distributed data storage! The process of IPFS mining is to use the storage hard disk to store data, in this process to obtain FIL coins reward, we call this process vividly “mining”! FIL currency is an incentive level currency for IPFS, designed to reward people who contribute their own hard drive storage space to store data. The more space you have on your hard drive, the more efficient computing power you can store, and the more FIL coins you can get.

Traditional centralized storage methods are legal, such as Ali Cloud, Tencent Cloud, Baidu Cloud, etc., which are big data centers allowed by national policies. Traditional centralized storage has many disadvantages, such as: The data maintenance cost is high, temporary, non-privacy easy to be read and attacked, storage and download data is slow, high network requirements, data is not safe, easy to be attacked by DDoS.

Time has changed and society is making progress. Our data network has changed from 3G and 4G to 5G now, and there will be 6G and 7G in the future. In the past, centralized storage HTTP has not been able to keep up with the needs of the future network development. At this time, IPFS distributed storage has emerged as The Times require. What advantages does IPFS have? Advantages are: low cost, can save 60% of the bandwidth resources, multi-node storage, data security will never disappear, far away from 404, data transmission is efficient and fast.

HTTP centralized storage is legal in our country, so the future IPFS data storage “upgraded and optimized version” is also legal.

Will the IPFS project get national approval?

IPFS project in line with the national “carbon neutral” policy support, green mining, low energy consumption. It can contribute to human society and has practical application value. It is one of the national new infrastructure 5G, big data, artificial intelligence, Internet of Things and other basic network technology architectures. It is an important cornerstone of the future Internet toward Web3.0!

The national IPFS distributed storage committee has been set up, Fudan University has set up the IPFS distributed storage research group, aimed at regulating the healthy development of IPFS distributed storage in China, research distributed storage field, better for the progress of human society service!

On June 7, 2021, the People’s Republic of China Ministry of Industry and Information Technology and network security information center office jointly issued the “Ministry of Industry and Information Technology of network security and information office of the central committee to accelerate for promoting the development of the skills to use block chain and industry advisory opinions, this paper put forward to promote the development of block chain technology application and industry advice, It is pointed out that it is a new type of database software, which promotes the innovation of Internet from transferring information to transferring value, and reconstructs the information industry system.

One of the important foundations for building 5G is efficient data transmission. Enable by IPFS, users can obtain the data they need through the nearest node, and at the same time complete the close storage of remote data after reading, which is convenient for the next reading and the reading of nearby residents, and really complete the efficient data transmission.

July 15 to 17, 2021, sponsored by the people’s government of chengdu IPFS block ecological chain industry conference will be held in chengdu, it is also a guide traditional BTC dig into IPFS mining beginning, will make full use of the advantage of sichuan electric power resources, implement the national policy of “east west are” project be born in sichuan, complement each other, Better promote local economic development! To fully realize the goal of national blockchain industry development.

The development of blockchain is changing with each passing day, and the understanding of blockchain in various countries is also developing in a good direction. Therefore, it can be said that the country is to recognize IPFS as a new generation of basic construction development direction. IPFS technology is no longer a new technology, but a network that can ensure data security and reduce data storage costs.