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Filecoin News 91

✨ Highlights ✨

Blockscout Unveils Filecoin Explorer

Blockscout has launched a new Filecoin Explorer, providing developers with a user-friendly tool to explore and interact with the Filecoin blockchain. This new explorer offers features like transaction tracking, wallet balance checks, and smart contract interactions, all within a clean and intuitive interface. By supporting the Filecoin ecosystem, Blockscout aims to enhance the developer experience, making it easier to build, deploy, and manage decentralized applications on the network. Check out the new explorer to streamline your Filecoin development process! Read more.

nv23 Waffle Upgrade: Faster, Smarter, and More Dapp Developer-Friendly

Get ready for Filecoin’s Waffle upgrade, which rolled out today, August 6, 2024! This update packs in some exciting improvements. With Fast Finality (F3), you’ll see transaction completion times drop drastically, making everything snappier. Plus, the support for legacy Ethereum transactions means you can easily bring more Ethereum tools and contracts into the mix. And for storage providers, the Non-Interactive Proof of Replication (NI-PoRep) simplifies the process, making your life easier. This upgrade is all about making Filecoin more efficient, flexible, and fun to work with. Learn more about the upgrade in this update from the Filecoin Foundation.

Just released: Messari’s State of Filecoin Q2 2024

Messari just released the State of Filecoin Q2 2024 report revealing key statistics and a performance analysis for the ecosystem. In Q2 2024, Filecoin demonstrated resilience with storage utilization rising to over 26%, signaling growing network adoption despite a decrease in storage capacity. The Filecoin Virtual Machine (FVM) achieved new heights, reaching $273 million in total value locked, driven by strong engagement in token staking and leasing. With over 2,000 clients now leveraging the network, including a 2% increase in large dataset onboarding, Filecoin remains focused on expanding its ecosystem and enterprise adoption, supported by new grants and AI-oriented projects. Read the full report

🤝 Collaboration Announcements 🤝

SingularityNET and Filecoin Foundation Unite for Decentralized AI and Data Storage Breakthroughs

SingularityNET and the Filecoin Foundation have collaborated to enhance AI capabilities through decentralized physical infrastructure networks (DePIN). This partnership aims to integrate SingularityNET’s AI platform with Filecoin’s decentralized data storage, ensuring secure data provenance and ownership. The partnership will explore new standards for AI ethics, innovative data storage solutions, and the development of the Knowledge Layer, promising to revolutionize decentralized AI and storage technologies. This strategic alliance marks a significant step toward creating a decentralized, secure, and intelligent digital ecosystem. Learn more in this blog post

Bagel’s GPU Restaking: Revolutionizing Compute Resource Markets

Bagel introduces GPU Restaking, extending the concept of blockchain restaking to physical computing resources like GPUs. This innovation allows these resources to be utilized across multiple platforms simultaneously, maximizing efficiency and market liquidity. In partnership with the Filecoin Foundation, Bagel’s platform offers exclusive access to this technology for AI developers. By enabling direct negotiations between resource providers and buyers, GPU Restaking democratizes high-performance computing, offering a transparent and decentralized alternative to traditional cloud providers. Discover how Bagel’s GPU Restaking can optimize your compute resources in this post by the Bagel founder. 

Lighthouse Launches Endowment Pool on FVM

Lighthouse recently shared an exciting update on their integration with Filecoin, highlighting how they’re enabling perpetual data storage on the decentralized web. Their latest advancements focus on simplifying user experiences and providing seamless integration with both web2 and web3 applications. Lighthouse’s tools are designed to support developers in building more resilient and decentralized applications, ensuring data is securely stored and easily accessible. This collaboration represents a significant step forward in the evolution of decentralized storage solutions. Learn more about Lighthouse’s innovative solutions by visiting their Twitter thread.

🌎 Community Updates 🌎

Introducing Storacha - The Future of Hot Decentralized Data

Join us as we welcome Storacha to the Filecoin ecosystem! Storacha transforms web3.storage into a community-driven, decentralized hot storage network. Proven to handle petabytes of data with large enterprise support, Storacha effortlessly manages massive data flows. It’s the ultimate scaling solution for IPFS, adding the perfect kick to storage and retrieval with incentives from Filecoin Storage Providers (SPs). Plus, it guarantees verifiable, user-owned data. Whether you’re scaling decentralized applications or infrastructure, Storacha delivers unmatched performance and reliability. Check out this blog post to dive deeper into how Storacha works.

Magna Integrates First Token Vesting and Claims Smart Contracts on Filecoin

Magna, a leading token vesting platform with over $2 billion in TVL, has successfully integrated its first smart contracts for token vesting and claims on the Filecoin network. This integration enhances the Filecoin Ethereum Virtual Machine (FEVM) with advanced token management, minting, and vesting capabilities. Magna’s tools offer secure, efficient, and automated token distribution, benefiting projects with long-term commitments and reducing market volatility. This expansion reflects Magna’s commitment to innovation and support for the growing Filecoin ecosystem. Read this post for more information about the integration.

DeStor Launches Decentralized Storage Newsletter

DeStor, a leader in decentralized storage solutions, recently launched a newsletter about decentralized storage technology and its impact on the world. The DeStor Digest features news, resources and insights about the future of cloud storage, from the people building it. Created for enterprise audiences, the newsletter promotes proven solutions from Filecoin SPs. Check out the inaugural edition of the DeStor Digest.

Filecoin Foundation Joins the NFT.Storage Community

Filecoin Foundation has become a Gold Member of NFT.Storage, a major step toward preserving NFTs and digital assets. This support from Filecoin Foundation will significantly advance the mission of NFT.Storage: ensuring that every NFT stored today remains accessible in the future.

🎉 Events 🎉

Headed to Devcon? Join us at FIL Bangkok!

Dive into decentralized AI infrastructure, DePIN, and the data economy with the Filecoin community in Bangkok, ahead of Devcon. Set in the heart of Thailand, Filecoin Foundation will have dynamic programming, major announcements, and networking opportunities. Seize this opportunity to help shape the future of Filecoin and contribute to the next chapter of a better internet.

  • Nov. 6-8: FIL Bangkok Network Base with FIL Dev Summit at Gaysorn Urban Resort. Registration is coming soon.
  • Nov. 11: FIL Bangkok Mainstage: DePIN Meets AI at Samyan Mitrtown is your gateway to the latest advancements in L2 solutions built on Filecoin, key network upgrades, and the Filecoin network trajectory. Apply to attend - space is limited!

Filecoin Twitter Spaces

In these latest AMAs, Filecoin ecosystem members collaborated to discuss recent advancements and future plans for the network. Here’s a quick overview:

GetBlock x Filecoin AMA In this session, key developments in the partnership between Filecoin Foundation and GetBlock were discussed, focusing on network expansion and community engagement through the Filecoin Orbit program.

Fluence x Filecoin AMA This AMA delved into Fluence’s innovative use of GPUs for decentralized computing, staking opportunities, and future plans to enhance blockchain interoperability. Catch up on the recording!

Filecoin is an open-source cloud storage marketplace, protocol, and incentive layer.
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