1. Executive Summary & Market Thesis
Filecoin is a decentralized storage network developed by Protocol Labs (Juan Benet). Built on top of the InterPlanetary File System (IPFS), Filecoin incentivizes storage providers to rent out disk space. With the Filecoin Virtual Machine (FVM), Filecoin supports programmability, decentralized compute-over-data, and data DAOs.
2. Project Genesis & Core Mission
To create a decentralized, efficient, and robust foundation for human knowledge and archival digital data storage.
3. Technical Architecture & Cryptographic Blueprint
Filecoin proves storage integrity through Proof of Replication (PoRep) and Proof of Spacetime (PoSt), verifying that miners continuously store exact copies of client data over time.
4. Tokenomics, Value Accrual & Utility
FIL is used for storage deal payments, miner collateral staking, and transaction gas on the FVM.
5. Verified Ecosystem Milestones & Developments
Over 2 exabytes of committed storage capacity, active data onboarding from scientific archives and CERN.
6. Risk Analysis & Attack Vectors
Hardware staking commitments for miners, competing decentralized storage alternatives (Arweave).
7. Long-Term Structural Outlook
Filecoin remains the largest decentralized storage market in the world, essential for preserving open-source AI datasets and cultural heritage.