Filecoin has entered a phased mainnet launch, according to a company release. Network participants can now set up systems and deployments before full mainnet launch. Filecoin is a decentralized network that allows users to store, request, and transfer data via a marketplace – kind of a decentralized AWS that offers reliable storage at a better cost.
Filecoin states that “Mainnet Ignition” follows the success of “Filecoin’s Space Race program.” Space Race was extended following developer demand and, currently underway in its second iteration, with over 400 miners onboarding more than 350PiB of data storage power, reports Filecoin. The ecosystem currently stands at over 280 projects collaborating on the network.
During Mainnet Ignition, network participants will undertake a number of activities specific to their roles, including, for example:
- Storage Miners – continue adding storage to the ignition network, preparing operations for mainnet, and stress-testing storage & retrieval deals.
- Clients & applications – participate in Slingshot, the ongoing Space Race competition to utilize Filecoin’s decentralized storage capacity to power useful, resilient data storage.
- Custodians & ecosystem partners – use this time to tune operations and onboard stakeholders onto the network.
Filecoin notes that SAFT Holders should look for an email from CoinList and your chosen custodian. Filecoin raised over $200 million in a digital asset offering via the CoinList platform.
Liftoff will commence at block 148888 and Filecoin says it will host a week of events from October 19-23 to celebrate the launch.