After raising more than $200 million in 2017, the FileCoin project decides to postpone the launch of its main network
The content site is one of the sites that provide the service of answering general questions and solving puzzles and crossword puzzles
Where the content site is primarily interested in answering your questions in all areas, including solving puzzles and crossword puzzles
Answer After raising more than $200 million in 2017, the FileCoin project decides to postpone the launch of its main network
Filecoin’s decentralized storage network project will see further delays regarding the launch of the mainnet, this time being pushed back to between late July and late August this year.
In a new update, a statement The Filecoin team reported that the project has undergone the first round of internal protocol security audits, and based on the results, the developers have decided that they must implement a number of changes before implementing the second phase of testing.
Filecoin was developed by Protocol Labs on a peer-to-peer Data Storage Network (IPFS) and aims to allow users to trade in storage space in an open market. of $200 million from accredited and institutional investors.
Read:Video…. An investor tells the story of his loss of $ 400,000 due to a platform!
The mainnet launch was supposed to take place in March 2020, and in February, the team postponed that launch to a date between July 15 and July 17, citing the outbreak of the Corona virus in China as the main reason for delaying their unfinished work.
Now, the developers say they still need more time to process the changes raised during the review.
The announcement of the postponement stated:
We have formulated a number of protocol changes to ensure that our core network launch build is safe and economically sound, and that the core developers of the project will be adding them to our two protocol implementations over the next few weeks.
To give the community a chance to influence the schedule, the Filecoin development team ran a poll to allow community members to vote on three different options for when the beta network was launched in Phase 2 and the mainnet.
After calculating community feedback, the team has come to an estimate that the second phase of network testing will begin in the week of May 11, and the main network will begin between July 20 and August 21.
Read:Crypto companies suffer … “Three Arrows Capital” files for bankruptcy and “Voyager Digital” suspends withdrawals
Updates on the Filecoin project can be seen on the roadmap diagram of over here.
The announcement clarified that this option would make the project focus on the most significant changes to the protocol first, and then implement the rest as protocol updates during the testnet.
Read also:
IPFS project management accuses Justin Sun of stealing its code and logo
After Raising $257 Million in 2017, FileCoin Project Reveals Listing Date
And you can ask questions on the content site through the word “Ask a question” at the top of the site, where we answer your questions in a short time