Filecoin has been lacking excitement related to a major move for quite a while but that might be about to change. The blockchain network is reportedly planning to expand to more offerings beyond the decentralized storage segment. The Filecoin IPFS has been the company’s main business offering to clients but it is reportedly launching a…
Filecoin’s ecosystem is expanding, with over 60 teams developing solutions in decentralized storage, AI, DePIN, and Web3 infrastructure. The Fast Finality upgrade reduces Filecoin’s finalization time from hours to minutes, improving efficiency and scalability. With its fast expanding ecosystem, Filecoin is making major progress in the decentralized sector. Currently working on several projects ranging from…
The Fast Finality (F3) upgrade reduces Filecoin’s finalization time from 7.5 hours to just minutes, revolutionizing efficiency. F3 integrates the GossiPBFT protocol, enhancing Filecoin’s speed, security, and responsiveness for a broader range of applications. The Fast Finality (F3) improvement in Filecoin is generating headlines as a game-changing change that significantly speeds up the network’s transaction…
FVM enhances Filecoin’s ecosystem, supporting DeFi, NFTs, and dApps with decentralized storage capabilities. The Democracy Library has successfully uploaded over one petabyte of data to the Filecoin network. The Filecoin Virtual Machine (FVM) is fast revolutionizing the Filecoin ecosystem by allowing developers to build and execute smart contracts, thereby making the network more dynamic and…
The U.S. District Court for the Northern District of California has denied Kraken’s motion to dismiss a lawsuit by the U.S. Securities and Exchange Commission (SEC). The court determined that the SEC “has plausibly alleged” that certain crypto tokens traded on the Kraken exchange could be considered securities, thereby allowing the case to proceed. Kraken’s…