►
Description
"Countdown to FVM was a one-day event leading up to the launch of Filecoin’s Virtual Machine on mainnet (which happened March 14th, 2023).
This jam-packed event featured exclusive FVM content, builders showcase, and so much more.
Tune in to learn about the possibilities unlocked by FVM and hear from the pioneers building on FVM!
Follow us for updates here: https://fvm.filecoin.io/"
A
Christmas,
so,
as
many
of
you
know
in
this
room
and
online
watching
filecoin
is
a
crypto
powered
storage
Network,
whose
mission
is
to
create
a
decentralized,
efficient
and
robust
foundation
for
Humanity's
information,
and
today
filecoin
has
become
the
scalable
data
storage
layer
of
web3.
We
are
99
of
web3's,
total
decentralized
storage
capacity,
96
of
total
web
3
storage
utilization
and
have
become
the
developer
platform
of
choice
for
web3
developers.
All
over
the
space
building
on
file
coins
so
give
a
big
round
of
applause
for
the
community
to
get
there.
A
But
that
is
insufficient
for
our
Ambitions.
Many
of
us
are
in
this
room
today,
because
we
want
to
accelerate
the
transition
from
web
2
to
web
3,
where
all
of
our
internet
interactions
are
done
with
total
verifiability
and
Trust,
not
just
a
subset
of
them,
and
in
order
to
to
do
that
to
get
web
to
scale,
applications,
think
Twitter
or
YouTube
or
twitch
to
operate
on
web3
infrastructure.
We
need
web3
storage
and
compute
to
become
web
scale
for
web3
to
cross
the
chasm,
and
so
that's
why
we're
here
today.
A
The
filecoin
master
plan
basically
is
a
three-step
kind
of
execution
roadmap.
To
get
to
that
overall,
objective,
Step
One
is
build.
The
largest
decentralized
storage
Network
in
the
world
step
two
is
to
onboard
and
Safeguard
Humanities
data
and
step
three
is
to
bring
compute
to
the
data
itself
to
enable
web
scale
applications.
A
So
I'll
go
into
a
few
of
those
steps
in
a
minute,
but
I
did
want
to
touch
on
what
the
launch
of
fvm
does
and
what
the
launch
of
fvm
initiates
is
step.
Three
of
that
master
plan.
It
brings
smart
contracts
and
user
programmability
to
file
coin
and
unleashes
the
enormous
potential
of
a
totally
open
data
economy.
Now
many
of
you
might
be
thinking
to
yourself.
Colin.
Smart
contracts
were
popular
in
like
2016..
A
Why
is
this
a
big
deal
today,
and
the
reason
for
that
is
that
smart
contracts
on
the
filecoin
platform
enable
a
completely
different
style
of
use
cases
up
top.
Here
you
see
the
fundamental
building
blocks
of
filecoin
storage
markets,
retrieval
markets
and
compute
over
data,
and
what
filecoin
the
filecoin
virtual
machine
does.
Is
this
programmable
layer
underneath
it
that
orchestrates
where
and
how
data
gets
placed
incentivized
governs?
It
gives
rise
to
the
concepts
of
data
Dows
and
programmable
storage,
which
has
never
been
done
before
in
the
history
of
the
world.
A
But
none
of
that
really
makes
a
lot
of
sense
or
really
is
as
powerful
unless
we
execute
on
the
three-step
roadmap
for
the
filecoin
master
plan.
So
I'm
going
to
walk
through
a
few
of
those
steps
today
and
the
progress
we've
made
to
date
so
step
one.
We
have
actually
built
the
world's
largest
decentralized
storage,
Network.
A
Yes,
there
are
3
800
storage
provider
systems
across
44
countries
around
the
world
that
provide
13
expabytes
of
storage
capacity.
This
actually
makes
filecoin
larger
than
many
public
companies
in
the
web.
2
world
that
offer
centralized
storage,
and
it's
an
incredible
moat
like
to
assemble
this
scale
of
Hardware
across
the
world
in
a
coordinated
fashion,
is
incredibly
hard
to
replicate,
and
so
this
really
differentiates
filecoin
in
step,
one
as
as
the
decentralized
storage
platform
in
in
web3.
A
What
I'm
super
excited
to
report
is
that
the
percentage
of
storage
provider
systems
that
are
actively
engaged
in
providing
super
high
value
services
to
the
filecoin
ecosystem
is
increasing
at
a
rapid
rate
at
the
beginning
of
January
2022,
there
was
about
three
percent
of
SPS
that
were
storing
verified
deals.
Today
there
are
over
20
percent
of
SVS
in
the
network
that
are
taking
verified
deals,
and
so
ESPYs
are
finding
unique
ways
to
differentiate
themselves
in
the
network.
Either
they
specialize
on
a
particular
client
segment.
A
Let's
say
Academia
for
large
data
sets
or
large
open
government
data
sets,
or
they
have
particular
features
that
that
they
Market
to
Unique
clients
and
so
there's.
This
is
not
only
really
good
feedback,
but
there's
a
huge
momentum
to
accelerate
this
into
40
50
60.
Over
the
course
of
this
year
we
see
top-tier,
Hardware
vendors,
really
leaning
in
with
reference,
architectures
and
and
leasing
programs
Seagate,
who
I
believe
is
in
the
room.
Amd
super
micro.
A
Now,
step
two
gets
me
really
excited
step.
Two
is
about
onboarding
and
safeguarding
Humanities
data,
and
we've
seen
a
tremendous
amount
of
progress
here
in
January
2022,
there
was
25
petabytes
of
data
stored
on
filecoin
and,
if
you
fast
forward
to
today
that
has
increased
25x
to
over
600
petabytes
of
data
across
the
network.
This
is
thank
you
very
much.
A
This
is
an
incredible
feat.
This
is
the
amount
of
Business
Development
conversations,
data,
prep
data,
notaries
and
actual
storage
data
transfer
throughout
the
network.
To
get
to
this
goal
is
absolutely
amazing,
and
it's
just
a
testament
to
the
commitment
of
our
community.
In
total,
there
are
600
petabytes
of
live
data
across
22
million.
Active
deals,
that's
25x
in
the
last
14
months,
our
onboarding
rate
is
20x
from
about
0.2
petabytes
a
day
to
about
four
petabytes
a
day,
and
this
really
makes
filecoin
the
large
larger
than
many
centralized
cloud.
A
There
are
over
1400
unique
clients
that
have
uploaded
data
and
23
of
those
have
updated,
uploaded,
100,
terabytes
or
more
so
we're
seeing
an
increasing
fraction
of
extremely
large
clients
uploading
to
the
system
and
clients.
Here,
one
one
client
can
include
a
data
on
Border
like
Estuary
or
nft.storage
that
may
have
thousands
and
thousands
of
users
on
the
back
end.
A
This
has
been
enabled
for
two
reasons:
one
is
large-scale:
data
onboarding
has
been
possible
due
to
various
on-ramps
things
like
Estuary
and
ft
out
Storage,
web3.
storage,
but
also
the
underlying
crypto
economic
structures
that
underpin
the
filecoin
economy,
and
that's
made
many
different
types
of
clients,
successful
from
hundreds
of
applications
building
on
the
stack
to
web
2
initiatives
that
are
now
onboarding
major
web
2
things
like
the
decentralized
storage
alliance
with
eny
and
IDC,
that's
leaning
into
filecoin
as
well.
A
We've
seen
hundreds
of
data
sets
stored
on
filecoin
from
academic
institutions,
governments,
web
3
data
sets
and
many
other
traditional
clients,
and
this
includes
massive
scale
data
science,
a
big
shout
out
to
seal
storage,
that
is
onboarded
the
UC
Berkeley
neutrino
research
data
sets
onto
Falcon
it's
incredible
there.
You
go
and
open
governments
like
NYC
that
have
stored
open
data
sets
on
filecoin
as
well.
A
We
see
a
lot
of
activity
on
our
retrieval
markets
with
the
goal
of
getting
to
sub-second
retrieval
by
the
end
of
the
year,
Saturn
lost
launched
recently,
which
many
individual
folks
can
download
and
earn
file
coin
by
participating
in
the
filecoin
CDN
market,
and
we
have
over
500
total
funded
teams
building
in
the
file
coin,
ipfs
and
pl
on
ecosystems,
ranging
from
grant
funding
all
the
way
to
series
C
and
series
D
funding,
and
so
we
have
made
a
tremendous
tremendous,
Leaps
and
Bounds,
even
in
the
last
few
months
on
onboarding
and
safeguarding
Humanities
information
great.
A
A
Now
what
that
means
from
a
market
size
perspective
is
that
it
opens
up
the
world
of
kind
of
existing
web
2,
Market
sizes
from
storage
and
retrieval
to
something
like
compute,
which
is
an
order
of
magnitude
larger
and
enables
much
more
businesses
to
use
filecoin
to
kind
of
Drive
economic
activity
and
move
from
a
web
2
Paradigm
to
a
web
3
paradigm,
we'll
go
through
a
few
examples
of
what
this
means
over
the
course
of
the
day.
A
But
three
I'll
point
out
are
Perpetual
storage
data,
Dows
file
coin
staking
and
more
and
we've
seen
tremendous
momentum
from
hackathons
producing
thousands
of
different
hackers,
people,
building,
Perpetual,
Storage,
Solutions,
D5
types
type
loans
and
staking,
and
many
teams
that
are
actually
already
starting
to
get
Venture
Capital
funding.
Building
on
the
fem
itself.
You
know
even
pre-launch,
that's
a
remarkable
feat
great.
A
So
once
we
onboard
the
world's
information
which
we're
in
process,
we
launch
fvm
that
enables
us
to
launch
other
kind
of
services
like
large-scale
compute
over
filecoin
data,
and
this
will
really
enable
massive
web
2
applications
to
finally
make
the
transition
to
web
3..
This
really
will
look
like
many
different
types
of
L2
decentralized,
compute
networks
over
the
filecoin,
the
L1
and
the
reason
for
that
is
it's
really
hard
to
optimize
over
all
different
types
of
kind
of
variables.
A
So
one's
triangle
outlines
three
of
them:
privacy,
verifiability
performance,
you'll
notice
that
different
l2s
will
focus
on
different
specific
feature,
sets
in
decentralized,
compute
and
onboard
different
kinds
of
users.
As
a
result
that
will
also
enable
us
to
store
and
compute
the
data
of
all
other
chains.
A
So
that's
the
three-step
master
plan
step.
One
builds
the
build:
the
world's
largest
decentralized
storage
Network
to
on-board
and
Safeguard
Humanities
data
and
step
three,
which
we're
initiating
in
a
couple
weeks
bring
compute
to
the
data
to
enable
web
sale.
Apps
the
launch
of
fvm
really
solidifies
filecoin's
position
as
an
L1,
uniquely
poised
to
power,
the
open
data
economy
and
initiating
step.
Three
of
that
master
plan
in
2023
will
finally
enable
web
3
scale
applications
to
run
on
web3,
Native
Tech.
A
So
that's
my
presentation,
but
before
I
leave
just
one
plug
to
the
builders
in
the
room
today
and
that
are
watching
online.
There
is
literally
no
better
time
to
join
the
filecoin
ecosystem
as
you'll
see
throughout
the
day
and
I'll
come
back
on
stage
in
a
couple
hours
to
talk
about
all
the
resources,
education,
hackathons
grants,
accelerators
and
mentorship
programs
and
capital
and
funding.
That's
waiting
to
support
you
to
build
on
the
fem
now's,
the
the
best
time
to
join
so
I'm,
so
excited
that
you're
in
the
room
and
watching
online.