How does Filecoin make money?

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.

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Who is behind Filecoin?

FilecoinSubunitsDevelopmentOriginal author(s)Protocol Labs and Juan BenetWhite paper”Filecoin: A Decentralized Storage Network”, 2017-07-19 “Filecoin: A Cryptocurrencey Operated File Storage Network”, 2014-07-15Filecoin – Wikipedia en.wikipedia.org › wiki › Filecoin

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