FileStar is a Web 3.0 Decentralized Storage, Verifiable Computation, and Measurable Bandwidth Network Infrastructure.
Founded by the Minsk team in 2020, FileStar has an active open source developer community that contributes to an ever-growing code base. FileStar has implemented a more reasonable distributed storage incentive mechanism based on Filecoin through technological innovations, refined design for economic model and governance mechanism, and has gradually evolved from distributed storage to distributed Internet incentive layer. FileStar will realize the optimal use of computing, bandwidth, and storage resources, and eventually become the physical world infrastructure for building Web3.0.
Cancel initial pledge collateral, cancel dependence on AMD CPUs with SHA256 extensions, and encourage more miners to contribute to the network.
No pre-mining, no fundraising, most tokens are produced by mining, and all participants in the ecosystem are provided with refined long-term incentives to ensure the development of the system.
By modifying the random check logic of WindowPoST, introducing recursive storage proof technology, etc. improve the network’s capability of processing messages, and the TPS is improved.
Efficient mining software improves the overall network efficiency for sealing and data retrieval. Using "hot data" and "warm data", users can quickly read the stored data.
Refined Token Incentive Model and Decentralized Governance to Promote Long Term Eco-System Evolution
Cancel initial pledge collateral, only have block reward as collateral. Allow a shorter life cycle for sectors without quality data. Deal sectors need pledge as collateral.
FileStar has no pre-mine or fund-raising. 70% of the total supply will be minted by miners. 15% will be reserved for the team, which will be locked until a year after launch, and then will be unlocked linearly over five years. The remaining tokens will provide incentives for other eco-system participants.
FileStar utilizes decentralized governance led by the community. Anyone can submit code to the protocol. Developers, miners, and clients can vote to determine the future development path for the project.
As the first step of the distributed incentive network based on IPFS protocol, FileStar will deploy multiple technology innovations and improvements.
FileStar will test multiple hash algorithms, including SHA512, Poseidon, Pederson, and BLAKE2s, which will support both Intel and other high-performance CPU mining architectures.
FileStar proposes a recursive zk-SNARK technology to reduce messages for submitting proofs. FileStar will realize a higher TPS with a more scalable network.
FileStar introduces a random check mechanism in WindowPoST and adopts VRF (Verifiable Random Function) to further improve the security of the random check.
FileStar will optimize open-source mining software to fully improve mining efficiency, which will maximize the computing and storage capability of miners.
FileStar Future Technology Development Roadmap
Release the first draft of the white paper
Release the first version of FileStar code, implement Filecoin-based improvements, remove pledge collateral, and fix multiple bugs in Filecoin.
Realize most of the content in the white paper, including the new Hash algorithm, recursive zk-SNARK, off-chain message aggregation, and introducing random check Window PoST+VRF, etc.
Launch a verifiable computing network, incentivizing some of FileStar's miners to switch to a verifiable computing network.
Introduce a measurable bandwidth network, encouraging some of FileStar's miners to switch to the measurable bandwidth network.
The main team members of Filestar have many years of experience in the field of blockchain development and have a full understanding of the development of the blockchain industry.
Project Lead-Blockchain consultant with a wide range of experience in information technology and tokenization.
R&D Lead- Experienced Software Engineer with a demonstrated history of working in the information technology and services industry.