IPFS is a content addressing, distributed, new hypermedia transport protocol.It supports the creation of fully distributed applications and is an Internet underlying protocol that went live in May 2015.
Filecoin is an incentive layer running on IPFS. It is a distributed storage network based on block chain. Its essence is to turn cloud storage into algorithm market.
1
Gemini” power “Filecoin investors
On February 25, the U.S. exchange Gemini announced that it will provide hosting support for Filecoin’s FIL tokens.
Once Filecoin’s main network goes live, investors who participated in the early days of 1CO can receive real FIL tokens directly in their Gemini escrow accounts.
Gemini’s “ambitions” don’t stop there. Officials also said they were awaiting approval from the New York state department of financial services (NYSDFS), which would allow it to offer legal FIL transactions to clients and free FIL sales to account holders where it is licensed.
This is really exciting news.
On May 26, Beijing time, a number of domestic blockchain media, including golden finance, made relevant reports. At that moment, IPFSNEWS, as a media growing up with this circuit bit by bit, was deeply happy.
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Due to the overheating of the message, someone even registered Filecoin’s official vaimey-filecoin support on the foreign chat software Slack, and opened a coin-an channel to post fake messages.
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WHY, the head of technology for Filecoin’s official Slack community, was the first to reply to the Gemini exchange’s message about legal compliance, alerting everyone to scams.
To make such a splash in the market:
What exactly is Gemini?
What signal does this action send?
2
Gemini and the bigwigs behind it
Gemini, the twin exchange, is a stranger to domestic currency circles.Its popularity is a far cry from that of the winklevoss twins, two prominent investors in the currency world.
First, the two elite americans fought a four-year legal battle against Facebook founder mark zuckerberg, winning $65 million plus stock awards.
Second, they invested $10 million in BTC in 2013, which is a super rich person who owns 1% of the world’s bitcoin.
And they were the founders of Gemini.
Gemini, founded by the winklevoss brothers in 2014, is a new york-based digital currency exchange and custodian that allows clients to trade and store digital assets.
In May 2016
Gemini became the first digital currency exchange in the world to be licensed by the New York state department of financial services (NYDFS).Approved by the governor of New York and directly regulated by NYDFS.
In December 2017
Launched the first bitcoin futures contract in partnership with the Chicago board of trade.
September 12, 2018
Issued stability note GUSD and announced that GUSD had been approved by the financial asset management department of New York.Making GUSD the world’s first regulated, 1:1 stable currency anchored to the dollar.
In February 2019
Became the first cryptocurrency company to successfully complete a systems and organization control (SOC) review after passing a security compliance review by Deloitte, one of the “big four” audit firms.
Currently, the Gemini exchange supports only BTC, ETH and Zcash transactions, and operates only in the us, Canada, the UK, South Korea, Hong Kong and Singapore.
About the background and status of the New York state department of financial services (NYDFS), I specifically consulted some friends of famous investment institutions in the United States. It is the institution issuing Bitlicense in New York state, which issues the business license for virtual digital currency activities, and can formulate and issue the draft laws related to finance in New York state.
It’s state level, but it’s still authoritative.So far, only four bitlicenses have been issued, along with Coinbase, Ripple and Circle.
Gemini has more than just legal licences. Apart from a handful of limited-price listing transactions, its main business is large over-the-counter transactions.
The move has made it one of the exchanges of choice for institutions specialising in high-volume digital currencies.Similar exchanges include Circle Trade, backed by Goldman sachs, which handles more than $2bn a month in transactions in digital assets.
More to the point, the winklevoss brothers were early investors in Filecoin, which will go live this year, and Gemini is certainly not there to take the heat.
So does Gemini’s move at this point in time also signal something from the side?
Let’s take a wild guess:
As investors, have the winklevoss brothers been in close contact with Filecoin’s official protocol laboratory?
Before, the Filecoin team rarely spoke publicly, but kept working on the project progress. Does this cooperation indicate that the project is indeed approaching and ecological cooperation is needed?
In any case, aside from the positive news for Filecoin, the Gemini exchange is the biggest winner.
As the world’s first licensed digital currency exchange, we look forward to its early approval and launch of Filecoin.We also look forward to more stakeholders, participants and concerns in the ecosystem.
However, it should be stressed that Gemini is only one of the compliance exchanges that Filecoin works with, not the only one, and I believe there will be many more to follow.
3
Coinbase preempts
Gemini is not the first exchange to publicly support Filecoin.
On September 20 last year, the day after the end of the fifth Shanghai blockchain week, Coinbase announced that Filecoin was included as one of the tokens in the listing support plan.(why is Coinbase so keen on Filecoin?This is enough!
Coinbase, an established us exchange that has been in operation since 2012, is now the largest compliance exchange in the us.
It received $106 million in funding from the New York stock exchange, as well as Banks and venture capital firms, and on Jan. 27, 2015, became the first bitcoin transaction in the United States to have a formal license, a move that also brought some legitimacy to the currency at the time.
Interestingly, the Coinbase co-founder was also an early investor in Filecoin.
As one of the hubs for users to participate in cryptocurrency market trading, the exchange has been an important wind vane for the development of the blockchain industry.
With Coinbase’s status as a “river’s lake”, it is of great significance for Filecoin to be supported by the Coinbase project.
4
Currency exchange quietly admission
Currency exchange is not idle, but the action is very low-key hidden.
On December 5, the official Twtter of the university of money security published an article about IPFS, the underlying Internet protocol:
The purpose of IPFS is to replace HTTP and build a better Web.
This is the first time that IPFS has been publicly involved with the official department of currency security.
This also reflects on one hand the currency safety to this circuit attention.
At the beginning of 2020, the Origin Protocol was introduced.The Origin Protocol is a decentralized sharing economy Protocol based on ethereum and IPFS.
We know that money is free of charge, audit is also very strict, online any project, must have been through multiple perspectives of thinking and evaluation.
The Origin Protocol’s goal is to truly enable point-to-point transactions on the blockchain, creating a more open and equal platform marketplace that allows developers, users, and network contributors to share the benefits.
Looking forward to a good performance this year.
5
Who’s next?
IPFS, the underlying Internet protocol that challenges HTTP, has been online since May 2015 and is not a new concept.
If you go back to the open information, it’s amazing to see that the first person to share this agreement in public was OK.
As early as 18 years ago, xu xingxing, founder of oko group, mentioned in a summit about the development of the global block chain public chain in the future, “IPFS is a distributed file system, which can link all computing devices to the same file system, thus forming a global unified storage system.”
In the same year, yuan yuming, CEO of huecoin China, also made ten predictions for 2019 in the annual report on global blockchain industry panorama and trends. One of them is that 5G and distributed storage based on IPFS will be important drivers for accelerating Web3.0.
From this we can conclude that several domestic head exchanges must be paying close attention to the dynamics of Filecoin project.Just when the point, in what way, is to witness the head of the trading power moment.
After all, consensus is so strong and its own flow of the project, missed, very likely to become a regret.
Most importantly, a number of exchanges, such as ggate. IO, WBF, hakka, Lbank, coinofo and Hotbit, have launched Filecoin futures one after another to support their judgment with practical actions.
So:
Who is the next exchange?
We’ll see.
6
The king of COINS, a hundred times a thousand times?
All of the above, can you explain that Filecoin must be the king of all COINS, is the future increase can reach a hundred times a thousand times the project?
And it isn’t.
First, we should try to look at the issue of currency prices as objectively as possible.
In an interview with the star vision, teacher gondor kong once said, “the price of money asks god in the short term, and the number of visitors in the long term.”(joh kong: the next bull market may be triggered by information freedom brought by decentralized storage, etc.)
Bitcoin’s phenomenal rise over the past decade is down to the growing number of users.The same applies to Filecoin.
Secondly, how to judge whether a 1CO project is reliable or not and how to evaluate and quantify the long-term value of Token are the skills we should have at least when judging a blockchain project.
Third, we need to really understand why a new technology must create a new layer of value.
Why is blockchain not just a crazy speculation trick, but really meaningful to our world?
Why is this Token so important?
What is the value of this Token?
The world is not complicated.
In addition to solving the crisis of trust, the most important thing about blockchain is that, for the first time in its history, it has embedded the economic system into the Internet and become the value Internet, and written this ability to pay into the code of the underlying protocol.So code is the law.
Fred Ehrsam, co-founder of Coinbase and a former trader at Goldman sachs, believes that taobao and amazon are both building an application layer on top of the protocol layer, and then letting people buy things on the application layer to improve their life experience.
Ethereum and Filecoin are different.
Ethereum sells computing resources directly at the bottom of the agreement, while Filecoin sells storage space directly, matching storage needs and resources directly with algorithms.
Filecoin’s data storage structure, which stores almost everything, is the infrastructure of the blockchain world.
This is the underlying logic of Filecoin that we’re really long on.
Filecoin, which is closely integrated with the real economy and represents Web3.0 with a high probability, should truly bring value to users and be used by more and more users to ensure long-term vitality.
参考网站：
https://www.sohu.com/a/258872624_100217347
https://baijiahao.baidu.com/s?
id=1631516472984077314&wfr=spider&for=pc
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WeChat group
(those who are interested are welcome to join the group.)
2019年精选：
官方引入GPU方案，你的矿机还有救吗？
IPFS，解决互联网窘境的希望？
Helpful hints：
Reply keywords on IPFSNEW public
1. Reply “Filecoin” to get the white paper of Filecoin project in Chinese and English
2. Reply “IPFS” to get the white paper of IPFS project in Chinese and English
撰写：星际视界Nancy
编辑：星际视界格格
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