Filecoin is a decentralized storage network that can be used for storage like Storj. Miners earn the native token called “filecoin” by providing disk space for data storage and/or retrieval. The miners earn filecoin by storing data for clients, and computing cryptographic proofs to verify available storage across time. The probability of earning a coin and the amount of transaction fees, is proportional to the amount of storage provided to the network by the miner.
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