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Blockchain-based storage network Filecoin to launch mainnet in October
Decentralized storage network Filecoin expects to launch on mainnet on October 15, the Filecoin team announced in a blog post published Sunday. The platform, developed by Protocol Labs, is meant to enable users to buy and sell unused storage using the network's cryptocurrency, filecoin (FIL). The mainnet was originally supposed to launch in March of this year but has been delayed multiple times.
Filecoin Confirms Long-Awaited Mainnet Launch for Next Month
In a post Sunday, the blockchain-based storage provider said the mainnet will launch at block 148,888, currently expected on Oct. 15. Designed as a decentralized alternative to Amazon Web Services or Cloudflare, a data retrieval service, Filecoin raised $205 million in a 2017 token sale – the most raised in an ICO at the time.
Resolution Source: coingecko.com