►
From YouTube: Filecoin Plus: Incentivize Useful Storage on Filecoin
Description
Jonathan Victor gives us a brief overview of the motivation, principles, and mechanisms of Filecoin Plus, and how it incentivizes useful storage on the network.
Join us for Filecoin Liftoff Week, an action-packed series of talks, workshops, and panels curated by the web3 community to celebrate the Filecoin mainnet launch and chart the network’s future. https://liftoff.filecoin.io/
Events take place all week, October 19-23, 2020. #FilecoinLiftoff
For more information on Filecoin
- visit the project website: https://filecoin.io/
- or follow Filecoin on Twitter: https://twitter.com/Filecoin
Get Filecoin community news and announcements in your inbox, monthly: http://eepurl.com/gbfn1n
Chapters
00:00 Overview + Goals
01:30 Motivations within the network
06:03 What is Filecoin Plus?
09:00 The Principles behind Filecoin Plus
12:40 Components Overview
A
Great
yeah,
so
I'm
here
today
to
talk
about
falcoin
plus
for
folks
who
have
been
keeping
track
of
our
ecosystem.
You
may
have
heard
of
this
as
verification
verified
clients
verified
deals.
All
of
that
compresses
into
the
same
thing.
It
is
now
called
falcoin
plus,
but
I
want
to
talk
today
about
how
we
can
use
this
to
help
incentivize
useful
storage
on
the
falcoin
ecosystem,
and
so
I
want
to
hopefully,
by
the
end
of
my
15
minutes,
be
able
to
answer
two
questions
for
you.
A
So
our
aim
here
is
to
build
a
decentralized,
efficient
and
robust
foundation
for
humanity's
information,
and
we've
talked
at
length
about
the
technical
side
of
this.
How
do
we
use
the
blockchain
to
actually
make
this
possible,
but
it's
also
worth
double
clicking
into
the
economics
to
make
sure
that,
from
that
perspective
as
well,
we're
set
up
for
success,
and
so
in
order
to
do
that,
it's
worth
considering
how
do
miners
make
a
return
inside
of
the
file
coin
economy?
A
So
miners
can
offer
different
types
of
storage
services,
but
it
really
boils
down
into
two
basic
categories.
The
first
is
committed
capacity
where
they
offer
supplies
to
the
network.
This
is
typically
empty
storage
that
can
later
be
upgraded,
and
this
is
good.
This
is
something
that
we
want
a
lot
of,
and
the
second
is
through
deals,
but
when
you
consider
deals,
you
could
actually
think
of
them
in
two
forms.
A
The
first
are
real
deals.
These
are
deals
with
actual
clients
trying
to
store
real
data.
This
is
great.
We
want
tons
of
this
as
well,
but
the
second
is
malicious
deals,
and
these
are
deals
where
miners
are
actually
just
storing
data
with
themselves,
typically
trying
to
store
compressible
bytes
things
that
allow
them
to
get
the
benefits
of
actually
having
data
being
committed
to
the
network
without
any
of
the
risk
of
actually
holding
onto
someone
else's
data.
A
This
is
bad
too
much
of
this
on
the
network
and
instead
of
having
a
network
that
actually
achieves
the
overarching
mission
instead,
we'll
just
have
a
network
filled
with
garbage
data,
and
so,
if
we're
to
take
a
step
back
and
think
of
the
capacity
of
the
network,
so
all
the
storage
that's
available
on
filecoin
and
think
about
the
segmentation
of
these
three
different
groups.
We
can
see
different
ways
of
thinking
about
the
health
of
the
network
in
our
ideal
state.
A
Of
course,
the
flip
of
that
the
really
bad
state
of
the
network
would
be
if
you
had
tons
of
committed
capacity,
so
tons
of
empty
storage
just
sitting
idle
on
the
network
of
the
actual
activity
on
the
network.
If
the
majority
of
that
is
happening
to
just
promote
malicious
deals,
people
who
are
destroying
garbage
data
distort
get
block
rewards.
A
And
so
if
we
were
to
try
to
think
about
how
did
the
economics
set
us
up?
It
becomes
quite
clear
early
on
that
there
is
in
in
stasis,
there's
an
uphill
battle
to
be
fought.
When
you
think
about
malicious
deals,
the
miner
still
has
to
pay
a
cost.
They
have
to
steal
the
data
that
they're
putting
in
there's
a
cost
in
terms
of
the
disk
time,
but
there's
a
there's
a
reward
in
the
form
of
block
rewards.
A
But
if
you
think
about
a
real
deal,
someone
who's
actually
trying
to
serve
as
a
client
there's
a
bunch
of
additional
costs
that
are
introduced
as
well.
There's
the
transfer
costs
so
there's
the
risk
of
actually
transmitting
the
data.
There's
lost
risk,
so
there's
any
number
of
adverse
events
that
could
cause
a
miner's
system
to
go
offline
and
put
them
in
a
state
where
they
wouldn't
be
recoverable.
There's
the
cost
of
the
time
value
of
money.
A
So
there's
like
opportunity
cost
for
taking
on
a
specific
client's
deal
versus
just
stealing
additional
sectors,
and
those
costs
have
to
be
borne
by
someone
so
without
changing
the
crypto
econ.
If
we
just
have
one
uniform
lens,
this
costs
end
up
being
born
by
the
client.
The
client
has
to
make
up
the
difference
between
the
benefit
of
a
malicious
deal
compared
to
a
real
deal,
and
this,
of
course,
is
bad.
A
A
We
can
then
ideally
bend
the
crypto
econ
to
help
massively
allocate
rewards
to
the
people
who
are
trying
to
do
the
good
thing
and
then
have
those
rewards
basically
help
subsidize
the
cost
of
storage
and
one
other
sub
point
which
I'll
touch
on
again
in
a
little
bit
is
if,
when
we
think
about
trust
in
this
context,
where
we're
trusting
clients
to
be
doing
good
things
with
the
data
with
this
power
that
we're
imbuing
upon
them,
we
can
think
about
that.
Not
as
a
binary
of
do.
A
I
trust
you
or
do
I
not
trust
you.
We
can
think
of
that
as
a
spectrum
of
how
much
do.
I
trust
you,
based
on
the
information
that
you've
given
me,
and
so
obviously,
as
we
start
talking
about
this
and
this
notion
of
trust
and
trying
to
figure
out
who
is
a
trustworthy
client
and
who
is
not,
it
starts
raising
more
questions
as
we
keep
pulling
on
that
thread.
A
Who
decides
who's,
trustworthy
and
who's?
Not
who
decides
on
the
people
who
decide
who
is
trustworthy
and
not?
How
do
we
ensure
that
whoever
is
making
these
choices
is
doing
so
in
a
way,
that's
transparent
and
that
they're
being
held
accountable
for
any
decisions
that
they
make?
How
do
we
protect
against
abuse?
A
We
do
this
in
a
number
of
ways,
but
the
way
that
we
think
about
this
is
by
splitting
it
into
different
layers
of
a
cake.
So
at
the
top
we
have
principles.
These
principles
are
what
basically
drive
the
motivating
function
for
all
of
falcon
plus.
These
are
the
facts
that
have
to
be
true
about
any
framework
that
was
going
to
attempt
to
answer
the
questions
of
how
we
can
actually
build
this
social
layer
on
top
of
allcoin.
A
A
After
the
principles
we
have
the
mechanisms
and
operations.
These
are
actually
how
falcon
plus
should
actually
operate.
The
mechanisms
designs,
the
rules,
the
responsibilities,
the
actors,
basically
all
of
the
different
components
that
should
exist
inside
of
this
sub-component
of
the
falcon
ecosystem.
A
The
operations
define
how
these
different
components
need
to
interact
with
each
other
in
order
for
the
process
to
work
overall,
definitions
for
all
of
these
things
happen
inside
of
the
governance,
repo,
which
is
also
linked
to
from
fip03,
but
you
can
also
find
it.
If
you
go
to
the
filecoin
project,
slash
note
or
governance
markets
defines
how
all
this
stuff
ends
up:
instantiating
on
chain
and
the
actual
functioning
of
this
process
in
action,
and
so
for
the
rest
of
this
talk.
What
I'd
like
to
go
through
is
cover
the
principles.
A
I
think
it's
the
most
important
part
to
make
sure
that
we
as
a
community,
have
alignment
but
then
also
briefly,
touch
on
some
of
the
mechanisms
and
the
operations
and
so
the
principles
again.
The
goal
of
the
principles
is
to
define
the
overarching
function
and
the
facts
that
have
to
be
true
about
the
framework
for
how
we
construct
social
trust
on
the
falcon
network.
A
The
second
thing
that
we
wanted
to
also
be
able
to
promote
is
diversity
of
different
characteristics
of
the
network,
whether
that
be
product
offering
geographic
distribution,
different
types
of
use
cases.
We
believe
that,
for
all
participants
of
the
falcon
economy,
having
both
of
these
be
promoted,
is
useful
for
growing
the
health
of
the
network.
A
The
second
thing
that
falcon
plus
needs
to
be
able
to
promote
is
transparency
and
accountability,
any
activity
that
happens
through
falcoin,
plus
whether
it's
governance
decisions
about
the
rules
and
any
changes
to
those
rules,
whether
it's
decisions
about
who
should
be
made
a
notary
or
who
should
be
given
power
on
the
network
or
whether
it's
any
sort
of
specific
allocation
decision.
All
of
those
should
be
easily
audible
auditable
by
anyone
on
the
network,
and
it
should
require
no
special
privileges.
A
The
third
thing
that
needs
to
be
promoted
by
filecoin
plus
is
community
governance.
The
commit
falcon
community
needs
to
collectively
be
able
to
decide
on
the
principles,
mechanisms,
operations
and
markets
that
ultimately
will
govern
the
election,
rotation
and
actions
of
all
the
actors
participating
in
this
process.
All
actors
who
decide
to
participate
in
this
process
also
agree
to
abide
by
the
framework
that's
defined
by
this
community.
A
Next
falcoin
plus,
has
to
help
promote
low-cost
dispute
resolution.
Inevitably,
certain
decisions
will
end
up
requiring
challenges,
and
so
it
must
be
the
case
that
any
challenges
that
are
to
be
post
do
so
in
a
consistent
way
and
the
the
criteria
for
posing
a
challenge
are
clearance,
transparent
and
easily
discoverable.
A
A
The
next
thing
that
must
be
predicted
is
limited,
trust
earned
over
time.
As
we
said
before,
trust
is
a
spectrum,
and
so
there's
two
things
that
must
be
the
case
number
one.
It
should
be
the
case
that
trust
can
be
established
in
multiple
ways.
It
shouldn't
be
the
case
that
only
a
single
definition
of
trust
is
dominant,
and
the
second
is
that
trust
should
be
increased
based
on
good
faith,
execution
and
transparency
of
actions.
A
Next
falcon
plus
should
help
promote
compliance,
so
anyone
who's
participating
in
this
process
should
agree
that
they
aren't
going
to
use
this
power
to
intentionally
subvert
expectations
or
to
violate
the
preferences
of
others.
As
a
specific
example
here,
if
a
minor
has
terms
of
service
about
what
content
they
want
to
store,
someone
shouldn't
be
using
this
process
in
order
to
violate
that.
A
A
So,
as
you
see
here,
notaries
are
selected
through
this
process
of
a
community
defined
rubric
and
so
inside
of
that
governance
rebill,
the
notary
selection
process
will
evaluate
notaries
and
determine
their
quality
based
on
their
quality
and
experience
as
a
notary.
So
any
previous
experience,
they've
had
and
also
quality
and
robustness
of
their
allocation
strategy,
but
defining
the
properties
that
we
want
of
this
rubric
is
something
that
needs
to
go
through
and
be
agreed
upon
by
the
governance
community
or
the
community
governance.