In Filecoin's blockchain browser, we can not only see the height of the whole network, 24-hour output, effective computing power of the whole network, but also be careful about the amount of FIL destroyed by friends. According to the blockchain browser, 54 1 1835FIL has been destroyed.
What is destroying tokens?
Burning coins means permanently removing tokens from circulation. Destroyed tokens are equivalent to permanent freezing and cannot enter the market again. The most common way to destroy a token is to enter it into the address of a black hole. Black holes are like unfathomable abyss, which can only be entered. Once in, you can never get out. The address of the eater on the blockchain is a special address whose private key has not been mastered so far, which is almost impossible to realize in the future, because it is like a black hole. As long as it is input, it is difficult to turn it out for market circulation.
Famous black hole addresses, such as:
Address of BTC black hole:1bitcoineadresstonsendf59kue.
The black hole address of ETH: 0x000000000000000000000000000000000000000000000000000000000000000000000000000000.
The wealth of these addresses is enviable. However, due to the characteristics of cryptocurrency, it is necessary to concentrate the private key of bitcoin to violently crack the private key of the address. The size of this private key is 10 times that of sand on the earth. Then, the difficulty can be imagined again and again. So money entering a black hole can be directly regarded as non-existent.
Filecoin token distribution system, the total supply of 2 billion has not changed, but the specific distribution method has changed. Please carefully check the following distribution:
Miners: 55%, which will be distributed linearly through block rewards to reward the maintenance of the blockchain and the operation of the contract.
Miner's reserve: 15%, which is used to provide incentives to other types of miners through the Internet, for example, searching for miners and maintaining miners.
Protocol laboratory: 10.5%, which is used as the research and development and operation expenses of the protocol laboratory team, and will be put into use linearly for 6 years.
PL team contributors: 4.5%, mainly referring to the protocol lab team and other major contributors.
Investors: 10%, distributed to investors participating in private placement and public offering, and issued linearly for 6-36 months.
Foundation: 5%, as long-term community construction, network management and other expenses, 6 years linear investment.
Although the proportion of miners mining has changed from 70% to 55%, most of the fil is still the output of miners mining. In the process of mining Filecoin, miners may have problems such as storage failure and consensus failure. If it cannot be repaired in time, it will be punished, so that the fil punished by the system will be directly destroyed, and these FILs are not within the official jurisdiction and will not remain in the system.
Under normal circumstances, such as mining machine power failure, data packaging interruption, sector failure, early termination of transactions, etc. , it will cause the system to punish the miners, and deduct the FIL for destruction after the system punishment.
In addition, according to EIP 1559 agreement, the message winding fee of Filecoin includes two parts, one part is the fee paid to the miners who packed the message, and the other part is the fee directly burned according to this agreement, mainly including the payment of the online calculation and the transaction fee of the wide network, and these two parts are also directly destroyed.
As you can see from the Filecoin browser, 1348936 messages will be generated within 24 hours, so the processing cost on the message chain is also very expensive.
Destroying tokens is a common method to build compact models. After all, according to the law of conservation of energy, the less data, the higher the price under the condition of constant value. So to some extent, it can encourage holders to continue to hold or buy new tokens, thus forming a virtuous circle.
Now, the ecosystem of Filecoin is developing efficiently at a speed visible to the naked eye. With the expansion and activities of the ecosystem, the demand for FIL will increase. After the FIL is completely liberalized, due to the addition of the destruction mechanism, the circulation of FIL will continue to decline and the demand for FIL will increase in the ecological environment of Filecoin, so the future of FIL must be bright.
Rules for saving money:
The people who can really make big money in the currency circle are not speculators, but holders (that is, our coin keepers). Whether you have money in hand is the key, and you can't just look at the current market price fluctuations. I think it depends on the future value.
Currency holders in the currency circle have three basic elements:
One is to save money:
1. When we invest in projects, we first invest with our own idle funds, not Stud. For example, if the market can't meet expectations and needs money, it can only be painful to cut the meat, and the previous waiting is in vain.
In the long run, we must have values and beliefs. It is also necessary to learn more about the initiative, concept consensus, underlying technical strength, landing ecological construction, and future value consensus of the project founder.
3. Have a good attitude and be calm. Facing the future value, don't care about the short-term price rise and fall, but see if the future price can rise to the price you want, and then think back, how many coins do you have in your hand?
The second is consensus. How is the consensus precipitated?
After countless ups and downs, many speculators or people with weak will will be washed away in the ups and downs of the market, and all speculators will be eliminated in the ups and downs, leaving a consensus finally!
Is BTC valuable in the first year? It's worthless Does anyone still call him a liar? But in the past ten years, there have been countless ups and downs, which eventually kicked out speculators and saboteurs, and finally precipitated a huge consensus, so it is commendable!
Was ETH valuable at first? It's worthless However, countless ups and downs in five years have kicked speculators out and precipitated consensus, so it is commendable!
The third is to insist on:
Would rather be a platform in five years,
1 year Don't change five items.
I'd rather be slow than steady.
What can be accumulated is wealth,
Don't rush to start over!
Small boss, change the project to earn pocket money,
A great man, a good platform, can precipitate a trillion-dollar wealth!