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Filecoin

Filecoin is a form of digital cryptocurrency, also referred to as FIL Coin. Use this page to follow the Filecoin price live, cryptocurrency news, Filecoin market cap and updates. Create alerts, follow opinion and analysis and view real time market data. The Filecoin crypto stock price is updated in real-time.

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1 FIL =

$ 7.89

-0.31 -3.78%

23:15:27 - Real-time Data . ( Disclaimer )

Market Cap:

$1.69B

Circulating Supply:

FIL212.75M

Max Supply:

FIL0

Vol (24H):

$251.31M

Chg (7D):

-11.43%

Day's Range:

7.78 - 7.97

Investing.com Index

1D 1W 1M 6M 1Y 5Y Max

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Filecoin Discussions

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GratefulHedge May 12, 2022 5:47AM ET

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Im sorta thinking it could be that time

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Dolly Sinaga Mar 10, 2022 2:37AM ET

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wow, it's so good

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حمید مقصودی Mar 06, 2022 4:28PM ET

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is coin is dead

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Sarfaraz Zafar Feb 25, 2022 4:48PM ET

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please tell me how I will buy it? I don't find any option to buy it.

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Dolly Sinaga Feb 25, 2022 4:48PM ET

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yeah, if you longterm, you just buy this coin, cause web 3 is potencial

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حمید مقصودی Dec 10, 2021 7:14AM ET

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stop for los😬

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Hmwh Nov 14, 2021 2:36PM ET

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Is this dead or what? Have not done anything for the last 6 months 😑

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Theoharrys Leontarakis Oct 22, 2021 12:23PM ET

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Good news for file… expect to be green all weekend..

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Dolly Sinaga Oct 22, 2021 12:23PM ET

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I hope

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Happy Bnkn Oct 17, 2021 11:17PM ET

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120 $ Coming for diamond hand.

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Владимир Пан 13 hours ago

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how is 120? are u rich now?

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Najib Kabir Oct 08, 2021 2:05PM ET

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time to go up fil

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be Ga Oct 06, 2021 10:36AM ET

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ath? Good I'm hold a bag.

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FAQ

Where to buy Filecoin
Filecoin is available on Binance, Coinbase, Huobi, Gate.io, Gemini, Kraken, Kucoin, and over 30 other exchanges. You can also buy Filecoin from cryptocurrency trading broker eToro. However, you need to open an account on these platforms to buy or trade Filecoin.
What is Filecoin?
Filecoin is a promising project which aims to revolutionize the cloud and data storage industry. Leveraging blockchain technology, Filecoin is a decentralized file storage system that seeks to “store humanity’s most important information.” It was developed by Protocol Labs and built atop the InterPlanetary File System (IPFS) as an incentive layer. Filecoin allows users to rent unused or dormant hard drive spaces with the owners of this free storage rewarded with the project’s token FIL.
How does Filecoin work?
Filecoin splits each user’s data into fragments and spreads across the network using secure communication. Each Filecoin miner has a tiny fragment of the data, which only the data owner can access with a passkey. To ensure that each Filecoin miner upholds the tenets of the network and does not act maliciously, Filecoin requires each miner to have enough space to store clients’ data and hold them throughout the lifetime of the deal. Filecoin can ensure these two steps are upheld by using the Proof of Replication (PoRep) which requires miners to prove that they have stored the data in a unique way that no other miner can replicate or copy.
What are the advantages of Filecoin?
One advantage of Filecoin is its ability to decentralize data across several nodes while making it easily accessible and affordable. Another is that users can boycott centralized platforms like Amazon Web Services (AWS), enabling better user experience and overall satisfaction.
How to mine Filecoin
Mining Filecoin requires top-performing hardware rigs and technical know-how in systems deployment and administration. This means that Filecoin cannot be mined by just anyone and will require a sizable amount of capital to get started.
What is Filecoin used for?
Filecoin or FIL token is used to store files in a peer-to-peer (P2P) manner, and it operates with incentives to ensure that mining nodes store user data reliably over time. Users pay with the protocol’s token FIL to store their files on the network, while storage miners are rewarded for storing those files for a long time.