Why do files online keep expiring?
First, some background: The first version of the Filecoin white paper was published in July 2014, followed by a revised edition in 2017.
How it works: Storage providers must stake FIL as collateral. If they fail to store data as agreed, part of their collateral is deducted.
$FIL is the native token of the Filecoin network, and storage fees are settled in $FIL . Current price: 1.0845.
Don't put all your savings into a single project.
Personal notes, not investment advice.
First, some background: The first version of the Filecoin white paper was published in July 2014, followed by a revised edition in 2017.
How it works: Storage providers must stake FIL as collateral. If they fail to store data as agreed, part of their collateral is deducted.
$FIL is the native token of the Filecoin network, and storage fees are settled in $FIL . Current price: 1.0845.
Don't put all your savings into a single project.
Personal notes, not investment advice.