Filecoin Mining Machine/IPFS Mining Machine /FIL Mining/Swarmbzz Mining/Cloud Computing Force Mining/Ningbo Fishpond Technology! It’s getting closer and closer to the launch of Swarm’s main network, and the miners are doing a lot of work waiting for the day to come, as well as communicating with each other so that they can get more BZZ coins that day. Like Filecoin, Swarm is a distributed storage technology that requires pledge currency to mine FIL coins. Does it require pledge currency? And what should be prepared before excavation?

If the Ethereum blockchain is the CPU of the world’s computer, Swarm is its hard drive. The success of Swarm and Ethereum, which have rethought the way the web is structured, will usher in a decentralized Web3.0 era in full swing. Swarm was originally designed as a storage system for the Ethereum network, but as the project grew, another part of the trinity — “communication” — was added to the mix. Swarm is arguably the integral part of what made Ethereum complete.

Swarm offers a point-to-point storage and service solution with DDoS resistance, zero downtime, fault tolerance and censorship and self-sustainability. It has a built-in incentive system that allows users to pay for trading resources through peer-to-peer billing. The core of Swarm is divided into four layers: a low-level P2P network, distributed storage, components that provide high-level data access and define APIs for the base layer functionality, and an application layer.

Pledged currency is a deposit in popular terms. Pledges are coins that miners pay to store data on the way, such as FIL coins, to secure their storage. The role of FIL in computing is to back up important data. If the late data is lost, then it will be severely punished, that is, the pledge currency will be deducted, so the higher the general backup is, the safer it is relatively! (The average miner will do 1.5-2 times redundancy, what does that mean? For example, you buy a 96T mining machine, but the actual effective computing power is only 68T, the remaining 32T space for backup data, so that the computing power of the environment will be more secure.)

The Swarm project serves as a network for distributed storage, which stores interaction data for important apps, as well as transfer data and interaction data on the ETH network. So this data is very valuable. If you don’t need the BZZ pledge to store this information, then all the miners would suddenly quit the Swarm program network, and the network would shut down for a large part, so if there were no one to maintain it at this point, the data would be lost forever. This is a risk that all users and businesses using the Swarm project’s ETH network for distributed data storage cannot afford to take.

So do Swarm and BZZ need to pledge coins when mining on the main network? At present, according to the information we have, after the mainnet goes online, it is similar to Filecoin mining. BZZ coins need to be pledged before mining can be carried out. However, the official has not said that the pledge is needed, and the amount of the pledge currency. In terms of Ethereum’s trading rules, there is definitely a pledge, and it is not clear whether there is a penalty or not, but the official information says that there is no pledge for the contributors of the test network, so in the end, the official information will take the final decision.