They earn Filecoin by winning bids and provider-fees for a particular file , which are determined by the market value of said file’s size. A retrieval providers’s bandwidth and bid/initial response time for deals (i.e., latency and proximity to clients) will determine its ability to close retrieval deals on the network.
Read moreHow many Filecoin are there?
What is the total supply (ever)? The total supply ever will be: 2,000,000,000 (2 Billion) filecoin, to be released over decades, similar to Bitcoin.
Read moreWhat will be the price of Filecoin?
FIL Price Statistics Filecoin Price$18.8024h Low / 24h High$18.59 / $19.52Trading Volume24h$255,526,490.66 28.85%Volume / Market Cap0.07477Market Dominance0.17%Filecoin price today, FIL to USD live, marketcap and chart coinmarketcap.com › currencies › filecoin
Read moreIs Filecoin a good investment 2020?
InterPlanetary File System: Filecoin has an IPFS that decentralizes data storage and accessibility while giving storage and retrieval miners incentives on their storage. It is a big improvement on Amazon Web services, Dropbox, and iCloud. Strong Support Team: Filecoin has very strong backing among venture capitalists .
Read moreWill Filecoin be on Coinbase?
SafeMoon is not supported by Coinbase .
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