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When is Filecoin expected to go online (When can Filecoin be mined)?

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When is Filecoin expected to go online? Filecoin is expected to go online on Ma

When is Filecoin expected to go online (When can Filecoin be mined)?

When is Filecoin expected to go online? Filecoin is expected to go online on May 17, 2020, at 8:50 PM. The official announcement was made by Filecoin on the Slack community. According to the plan, the testnet is scheduled to go online around 10:50 AM Beijing time on June 30, with the official launch of the network happening after 9:20 AM. During this process, there may be many issues that need to be resolved, such as high miner fees and insufficient incentives to support mining. Additionally, if any technical obstacles arise (such as inconsistent contract codes), it may cause problems in normal operation, such as whether storage and retrieval transactions can continue. Currently, there are no specific solutions, but we will decide which methods can achieve this function based on the actual situation.

1. Preparations:1. Coordinate with various nodes to optimize the network.2. Ensure that all participants reach consensus and successfully launch the network.3. Submit verification programs to the entire blockchain to ensure stability.4. These protocols cannot be activated until the block height reaches 1000.6. Complete all closed testing.7. In the next two weeks, the mainnet will be launched after two months.8. Testnet upgraded to v0.12.1 and redeployed to new CRP specifications.9. The testnet has been completely restarted.Earlier, according to insiders, many teams chose to temporarily pause the mainnet and then restart it because some developers did not launch the mainnet as originally planned in mid-December. In addition, it is estimated that there will be another one or two weeks for the final review and evaluation of the project. However, it seems that everything is moving in the right direction now.

When can Filecoin be mined?

According to official sources, Filecoin will officially launch its mainnet on November 15, 2020. After the mainnet goes online, miners can choose whether to store and retrieve based on their own computing power and mining difficulty.To provide users with better information for reference, we have decided to start a new round of FIL coin production period for the first quarter of 2019 (i.e., the first stage). During this period, the entire network can pledge 500,000 Filecoin tokens to the exchange, and daily rewards will include 1.5 million Fil tokens plus a 50% return. The second stage will be released once every six months and will be fully unlocked within 10 days. The third and final phase will distribute 1 million tokens daily for one week.

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