►
From YouTube: Filecoin Master Class // Filecoin 101
Description
Filecoin's @riba will cover Filecoin basics, from how to make deals, how to split up large files, and how to build on the network today.
Keep up with events for the Filecoin community by heading over to the Filecoin project on GitHub:
https://github.com/filecoin-project
Check out the Filecoin community resources:
https://github.com/filecoin-project/community
And stay connected on Filecoin Slack:
https://app.slack.com/client/TEHTVS1L6
A
Okay,
hello
and
welcome
everybody.
Thank
you
so
much
for
joining
us
today.
My
name
is
jason
and
it's
my
pleasure
today
to
introduce
peter
robertson,
also
known
as
riba
sushi
so
peter
is
on
the
filecoin
team
and
today
he's
going
to
be
talking
through
the
file
coin.
101
master
class.
So
with
that
peter,
if
you're
all
set
I'm
going
to
hand
it
over
to
you.
B
Okay,
can
everybody
see
the
slingshot
website?
Okay,
you
can
yeah
perfect
okay,
wow,
it's
great
to
have
everybody
here
so
so
exciting.
Actually,
I
am
not
even
like
a
core
falcon
person,
I'm
just
part
of
the
search
team,
and
it
has
been
the
the
response
to
all
our
space
race.
B
Events
has
been
so
phenomenal
that
we
needed
to
you
know
to
to
help
to
help
with
the
to
help
with
the
amount
of
work
that
we
that
we
ended
up
working
with
so
welcome
everybody.
I
hope
that
you
will
enjoy
today's
session.
It
is
more
of
a
hands-on
demonstration
of
some
of
the
basics
of
altcoin
and
I
will
talk
through
a
few
of
the
of
the
mechanics
of
what
you
should
expect
during
during
this
part
of
space
race.
B
So
without
further
ado,
let
me
first
go
over
what
slingshot
is.
This
is
a
competition
that
we
announced
on
the
back
of
our
first
space
race,
which
was
a
phenomenal
success.
In
fact,
in
the
past
one
month
after
we
start
our
our
competition,
the
network-
and
this
not
even
our
main
network-
has
ama-
has
amassed
314
petabytes
of
storage.
B
That
is
available
and
is
proven
to
be
available
just
to
give
you
a
little
bit
of
to
give
you
a
frame
of
reference
of
what
does
this
mean?
This
is
about
four
times
the
amount
of
data
the
large
hadron
collider
puts
out
in
a
year.
That's
the
amount
of
data
that
we
actually
are
able
to
amass
together
in
one
network
and
be
able
to
prove
continuously
it
is
there
it
really
might
loan.
B
So,
on
the
back
of
that,
we
decided
that
we,
after
we
figured
out
a
lot
of
the
logistics
about
being
able
to
monitor
and
have
that
much
data.
You
know
at
our
fingertips,
so
to
speak.
We
need
to
work
out
the
part
of
falcone,
where
we
ensure
that
clients
can
find
where
to
store
data
and
to
be
able
to
actually
make
informed
decisions
on
which
storage
providers
to
deal
with.
B
So
if
you
have
looked
at
the
slingshot
website
today,
you
can
you
can
see
that
we
already
have
a
number
of
real
storage
deals
and
we
have
over
two
terabytes
of
data
stored
and
we
have
a
number
of
participants
already
that
are
actively
using
the
network
right
now
and
I
will
go
in
in
a
little
bit
of
I'll
go
to
the
mechanics
of
this
in
just
a
little
bit
so
before
that.
I
want
to
very
quickly
summarize
what
actually
is
file
coin
from
a
client
perspective.
B
Falcon
is
a
network
that
allows
a
client
to
store
their
data
with
an
entity.
They
had
no
previous
relationship
with,
while
at
the
same
time,
being
assured
that
this
entity
can
store
their
data,
that
this
entity
will
continue
storing
their
data
and
this
entity
will
provide
this
data
on
on
request.
B
The
way
we
are
doing
this
is
through
the
magic
of
cryptography.
In
fact,
here
is
one
of
our
lead.
Engineers
are
tweeting
about
a
month
ago
that
it
is
crazy
that
on
their
laptop
they're,
able
to
verify
27
dvds
of
data
per
second
through
the
through
the
power
of
of
snarks
and
zero
knowledge.
Proofs,
so
really
really
amazing
stuff,
so
I
will
switch
a
little
bit
to
to
a
life.
They
want
to
really
quickly
show
what
are
the
actual
mechanics
of
file
coin
from
a
client
perspective.
B
I
want
to
make
sure
that
you
understand
that
what
I'm
showing
you
are
the
low
level
plumbing
of
alcohol,
which
is
how
all
storage
currently
works.
B
However,
there
are
already
applications
out
there
and
services
that
allow
you
to
streamline
everything
that
I'm
going
to
show
you
in
a
bit
and
there
is
going
to
be
a
presentation
much
longer
than
this
one
on
monday,
at
1530,
utc,
so
half
an
hour
before
this
one
started
where
the
developers
of
powergate
the
product
that
I'm
that
I'm
referring
to
will
be
walking
you
through
how
to
effectively
complete
all
the
steps
that
I'm
showing
you
right
now
with
much
better
ux
and
much
much
better
user
feedback
and
so
on.
B
So
without
further
ado.
Here
I
have
a
lotus
clamp,
which
is
basically
our
reference
implementation,
which
currently
is
what
powers
the
network
and
on
this
of
this
client,
I
can
ask
the
network
how
many
miners
are
out
there
and
it's
going
to
give
me
all
the
ideas
of
currently
active
miners
and
to
give
you
a
better
idea
of
what
is
available
out
there.
B
Many
of
the
blockchain
explorers,
like
qscan,
for
example,
actually
have
useful
maps
of
where
particular
miners
are
located.
And
if
you
look
at
some
of
them,
you
will
see
that
all
of
them
have
a
minor
id,
which
is
the
general
unit
of
communication
with
the
with
the
miner
and
their
their
location
by
their
ip
and
and
some
some
other
information
to
certain
apis,
which
again
powergate,
will
actually
aggregate
for
you
and
will
present
it
for
you
as
well.
B
So
you
have
a
list
of
miners
and
what
you
can
do,
then
you
can
ask
a
particular
miner,
for
you
can
ask
them.
Are
you
willing
to
take
data
and
how
much?
How
much
are
you
charging
for
this
data
for
for
storing
this
data?
I'm
sorry!
B
B
Unfortunately,
this
is
not
active,
yet
this
probably
will
become
active
in
about
two
weeks
and
we
will
make
another
presentation
about
what
verified
data
means
and
how
and
how
it
works,
but
for
now
it
doesn't
actually
function
and
another
important
piece
of
information
is
what
is
the
largest
part
of
data
that
this
miner
can
take,
and
let's
say
I
want
to
make
a
deal
with
this
miner.
So
I'm
just
going
to
do
this
right
now
I
am
going
to
I'm
just
going
to
try
to
upload
my
lotus
binding
itself.
B
B
Sorry,
I
don't
know
what
was
d,
of
course,
so
I'm
going
to
start
the
deal
with
this
particular
plan
for
this
particular
cid.
B
I
am
going
to
try
to
store
the
data
for
a
particular
period
of
time.
It
is
important
to
understand
that.
Currently,
all
our
deals
are
on
file.
Point
can
be
from
180
days
to
540
days
so
from
six
months
to
27
months.
I
believe
my
math
is
not
very
strong,
so
we
are
going
to
try
to
solve
for
the
new
duration.
B
We
are
trying
to
store
with
the
person
we
just
asked,
and
the
reason
I
think
with
this
miner
specifically,
is
because
this
is
actually
one
of
my
miners.
I
run
as
part
of
my
as
part
of
my
job
and
in
the
other
window
here
we
will
actually
see
what
the
deal
looks
like
from
the
minus
perspective.
B
So
this
miner,
we
are
again
repeating
the
this
very
same
whoops.
This
very
same
query
asked
that
we
did
a
little
bit
ago.
We
know
what
our
data
is.
We
are
calculating
based
on
how
much
this
miner
is
asking
how
much
it
will
cost
us.
B
The
total
price
for
this
amount
of
data
for
this
amount
of
time
will
be
that
much,
and
it
also
tells
us
that
we
are
going
to
be
using
this
wallet
for
powers
where
we
have
sufficient
file
coin,
and
we
just
say
yes,
we
want
to
go
ahead
and
do
that
and
the
deal
will
start
and
the
deal
went
through
and
we
will
just
give
it
about
20
seconds
and
then
we
will.
B
Yes,
okay,
so
the
deal
right
now
is
going
to
what
is
happening
is
our
particular
client
that
we're
running
right
now
is
setting
up
a
payment
channel
with
the
miner
that
we
are
going
to
talk
to,
and
this
normally
takes
about
2-3
minutes
for
the
first
time
you
do
this.
So
if
you
are
dealing
with
the
same
miner
over
and
over
again,
this
payment
channel
will
already
be
established
and
maybe
will
be
funded
additionally
from
time
to
time.
B
But
this
initial,
this
initial
jump
to
get
to
a
point
where
we
can
talk
data
before
we
after
we
already
established
our
our
payment,
will
be
much
shorter.
So
let's
check
this
again,
it's
still
funding,
okay.
So
here's
what
we're
going
to
do
we're
going
to
leave
this
a
little
bit
and
we're
going
to
go
back
to
a
little
bit
of
of
the
theory
of
what
is
actually
happening
in
the
background
so
because
filecoin
is
built
on
the
same
principles
as
ipfs.
B
It
also
understands
cids
and
chunk
data
and
and
data
tags,
just
like
ipfs
does
in
case
you
are
not
familiar
with
in
case.
You
are
not
familiar
with
what
a
cid
actually
is
in
the
context
of
falcon
or
ipfs.
There
is
an
excellent
tutorial
about
what
a
cid
actually
is,
and
I'm
going
to
link
this
in
the
slack
channels
once
once
this
presentation
completes.
B
So
what
I
did
a
little
bit
ago
was.
I
took
my
lotus
binary
and
I
just
added
it
to
my
local
storage.
What
this
actually
did
is
it
took
it
it
made
it
did
the
equivalent
of
ipfs
ad,
so
it
took
this
data,
he
chunked
it
up,
and
then
it
linked
it
together
into
into
a
dag
and
gave
me
back
the
root
of
this
of
this
data.
This
data
could
have
been
anything
it
would
be
in
a
directory.
B
It
would
have
been
some
esoteric
structure
like,
for
example,
orbit
or
the
bitcoin
chain
being
being
chunked
up
and
and
put
together
into
a
dag
that
actually
represents
the
bitcoin
option
towards
the
end
of
the
presentation.
I'll
come
back
to
this
again,
because
there
are
a
few
new
answers
that
you
need
to
be
aware
of,
as
you
are
building
things
today
in
general,
throughout
throughout
the
rest
of
our
presentation.
B
Keep
in
mind
that
we
are
still
building
a
lot
of
these
things
up,
our
network
is
essentially
complete
and
it
is
working
and
it's
actually
working
phenomenally.
Well,
there
are
still
some
things
in
the
data
transfer
that
we
are
improving.
B
In
fact,
there
is
a
new
version
with
data
transfer
improvements
that
is
going
to
land
literally
five
hours
from
now,
so,
while
in
general,
a
lot
of
the
things
that
I'll
be
that
I'll
mention
right
now
are
going
to
be
possible,
a
few
of
them
still
need
a
little
bit
of
work.
So
in
case
you
want
to
build
things
for
this
particular
competition.
B
There
will
be
a
few
points
to
keep
in
mind
that
I
will
list
at
the
end
so
back
to
back
to
what
happens
to
to
the
tag
while
it
is
being
put
together.
This
tag
is
given
to
to
file
coin
to
to
the
falcon
clan,
and
the
main
unit
of
data
that
falcon
is
going
to
work
with
is
the
root
cid.
B
We
call
this
the
payload
cid
what
happens
after
and
I
am
switching
by
the
way
to
our
spec
site,
which
is
a
phenomenal
amount
of
work.
It
lists
essentially
all
the
pieces
of
file
coin,
how
they
fit
together.
What
are
the
different,
how
different
roofs
work?
What
happens
to
to
sectors
how
the
gossip
sub
network
works
to
communicate
block
between
each
other?
How
tip
sets
work?
All
of
this
great
stuff
is
in
there
and
it's
a
very
interesting
feel
like
I
highly
recommend
you
browse
to
that.
B
But
what
I'm
going
to
talk
about
now
is
what
actually
happens
once
you
get
a
payload
cid
or
an
ipfs
or
cid
in
you
know
an
ipfs
in
essentially
each
of
those
bags
is
then
taken
and
flattened
out.
So,
if
you
think
of
the
deck
being
a
bunch
of
blocks
which
can
kind
of
point
to
each
other
in
diamond
shapes-
and
you
could
have
the
same
piece
of
file
being
referenced
in
multiple
directories,
so
your
dag
will
not
be
a
balance
three,
but
it
will
be
more
of
a
more.
B
It
will
have
like
multiple
links
going
going
going
to
multiple
nodes,
maybe
multiple
times.
So
what
we
need
to
do
with
this
first
is:
we
need
to
take
this
supposedly
relatively
messy,
dag,
potentially
relatively
messy
tag
and
flattening
it
out
into
a
stream
of
lights.
B
We
call
this
stream
of
bites
by
the
way
car
files,
but
it's
an
implementation
detail.
That's
not
really
important
for
you
as
a
client.
B
What
happens,
then,
is
this
particular
piece
of
data
that
does
represent
the
your
entire
deck
that
you
try
to
store
in
this
deal
is
being
is
being
another
tree
is
being
built
out
of
it,
which
allows
us
to
actually
prove
that
the
data
is
there
and
then
multiple
trees
like
this
are
put
together
into
what
we
call
a
sector.
A
sector
is
a
static
unit
of
exchange
with
of
a
set
unit
of
proof
really
within
the
falcon
network.
B
B
Is
filling
the
sector
with
potentially
padding?
Then
another
process
takes
place
which
generates
what
we
call
a
replica
sector
or
a
sealed
sector,
where
all
this
data
is
being
put
to
multiple
cryptographic
durations
so
that
then
it's
really
quick
and
really
efficient
to
be
able
to
tell
this
data
is
in
fact
there.
B
B
Once
this
process
is
underway,
you
as
a
client
essentially
wait
for
it
to
finish,
because
we,
in
fact,
let's
let's
go
back
real,
quick
and
see
what
happened
to
what
happened
to
our
to
our
deal
here.
So
it
was
in
storage.
Your
client
funding
a
little
bit
ago
and.
B
I
see
okay
interesting
so,
as
I
said,
this
live
demonstration
this
and
this
actually
pretty
pretty
excellent.
So
we
proposed
to
to
this
miner
to
take
our
data
and
to
have
it
ready
by
a
certain
time,
and
the
miner
told
us
I
am
overloaded
right
now-
I
will
not
be
able
to
do
this
in
time
for
you.
I
actually
need
to
need
to
give
me
a
little
bit
of
slack
on
when
I'm
going
to
start
this
deal.
B
So
let's
try
to
do
this
again
this.
This
is
excellent,
actually
actually
not
playing
this,
and
no
this
this
really
great.
So
again,
I
need
to
stress
everything
that
you
see
here.
There
is
a
much
better
piece
of
software
which
we'll
talk
about
on
monday
that
automates
a
lot
of
this
for
you,
but
I
didn't
want
to
mix
too
many
concepts
in
one
place,
so
we
are
going
to
stick
with
to
the
command
line
for
the
time
being.
B
So
what
we
need
to
say
here
is
that
that
the
start
epoch
will
be.
B
Will
be
a
little
bit
in
the
future?
What
an
epoch
is
by
the
way
in
falcon
terms,
is
a
unit
of
30
seconds
that,
after
which
a
new
chipset
is
being
created,
a
chipset
is
something
like
you.
You
can
think
of
it
as
a
file,
sorry
as
a
as
a
bitcoin
block,
but
it's
actually
more
way
more
efficient.
In
fact,
I
can
show
you
this
right
here
so
one
moment.
So
this
is
the
chain
of
the
actual
left
chain.
The
current
tip
set
is
nine
thousand
one.
B
What
this
means
is
that
miners
on
the
falcon
network
are
able
to
individually
mine
blocks
and
it's
not
that
the
best
block
fits,
but
if
you
think
of
a
git
munch,
if
these
blocks
merge
together
cleanly
they're
going
to
be
put
in
a
single
chipset,
and
this
is
going
to
be
the
head
of
the
network
now,
this
allows
us
to
greatly
increase
the
throughput
of
the
network
and
in
general,
you
know,
allows
for
for
greater
efficiency.
B
B
The
miner
told
me
that
it
will
not
be
able
to
seal
anything
for
me
before
this
height,
so
we're
just
going
to
be
even
more
lenient,
we're
going
to
say:
okay,
do
it
at
960
50,
for
example,
and
then
we
repeat
the
process
again,
so
we
want
to
whoops
us.
We
want
to
use
this
data
cid.
B
We
again
want
to
do
it
for
180
days.
We
want
to
deal
with
the
same
miner
and
yes,
we
still
want
to
proceed
and.
B
Now
this
part
should
work
a
little
bit
faster.
If
I,
if
I
remember
correctly,
it
is
possible
that
some
improvements
to
this
are
actually
landing
in
this
release
that
I
was
talking
about,
but
let's
find
out
okay,
this
is
no
storage
plant
funny.
B
Okay,
so
I
was
going
to
talk
about
what
hap,
what
stages
we
we
go
through
after
the
deal
is,
is
accepted
and
what
does
this
mean
for
you?
But
because
I
cannot
show
this
to
you
right
now.
Let's
go
back
to
the
spec
and
just
talk
about
this
in
in
in
interest
for
a
moment,
and
then
we
will
go
back
to
the
mind
and
see
what
it
looks
like.
B
So
we
have
a
thing
called
the
sector
life
cycle
and
as
a
user,
this
is
actually
what
you're
going
to
see
on
chain
after
your
deal
has
been
after.
Your
deal
has
been
accepted,
so
you
are
dealing
with
a
minor
you
are
you
are
setting
up
a
payment
with
them?
You
are
giving
them
your
you.
You
are
putting
up
a
portion
of
your
file
going
into
escrow
you're,
giving
them
the
data,
and
then
they
say
I
got
this
data
I'll
start
working.
B
At
this
point,
there
is
nothing
unchained
for
you
to
actually
tell
that
they're
really
working
on
them.
There
will
be
a
series
of
transformations
taking
place.
The
first
three
of
them
take
about,
depending
on
the
minor
hardware
they'll
take
anywhere
between
they'll,
take
anywhere
between
three
and
a
half
to
six
hours,
and
once
these
steps
are
complete,
the
sector
will
enter
precommitted
state.
B
At
this
point,
what
the
miner
did
is
they
put
money
down
that
they
are
committing
their
committing
to
keep
this
sector
alive
for
the
duration
of
all
the
deals
in
it
so
the
moment
this
goes
on
chain.
You
already
know
that
your
your
data
is
almost
there
in
terms
of
safety
and
and
the
ability
of
the
minor
to
keep
it.
B
Then
a
number
of
steps
required
to
secure
the
proof
of
this
sector
will
take
place
so
that
the
miner
cannot
cheat,
that
they
actually
store
the
data,
but
but
in
reality
it's
not
it's
not
there
and
about
three
hours
after
this
message,
you
will
see
another
message
on
chain
that
says
that
this
sector
has
been
finished.
B
The
moment
this
happens.
Your
deal
in
your
client
will
turn
to
active,
which
means
that
this
deal
is
now
being
securely
stored
on
the
five
point
network
and
the
sector
that
it
is
being
put
into.
The
miner
took
all
the
obligations
upon
themselves
to
keep
it
alive,
keep
it
available
and
to
be
able
to
provide
it
to
you
on
request.
B
I'll,
just
briefly
touch
on
what
can
happen
to
a
sector
after
that.
What
this,
what
these
states
basically
mean,
are
that
once
a
minor
c
was
accepted
and
they
keep
it,
you
know,
keep
it
safe.
What
they
need
to
do
is
every
24
hours.
They
need
to
send
a
message
to
the
network,
with
a
random
portion
of
the
data
being
mixed
up
with
their
signature,
with
their
minor
ide
with
the
sector
position
in
order
to
prove
to
the
network
that
they
still
have
it.
B
Now,
you
might
say:
how
are
they
sampling
this
this
random,
this
random
data?
There
is
actually
another
portion
of
file
point
that
I'll
I'll
go
a
little
bit
in
because
it
is
extraordinarily
cool.
There
is
actually
another
blockchain
running
behind
falcon.
This
blockchain
is
called
vram
or,
as
it
is
known
by
its
business
name,
the
league
of
entropy.
What
this
is
I
actually
have
it
open
here
is
a
completely
separate
network
with
multiple
participants
which
all
it
does
is
it
provides
you
a
verified
randomness.
B
So
there
are
multiple
entities
across
the
globe
which
have
no
no
incentive
to
collude
in
any
way
shape
or
form.
That
mix
together
a
massive
depth,
random
pool,
essentially
and
provided
to
anybody
on
the
planet
in
30.
Second,
I'm
not
sure
yeah.
I
believe
that
second
intervals
again
for
anybody
to
use-
and
this
is
what
the
file
point
network
uses
it's
its
own
randomness
source.
B
This
is
the
randomness
that
was
there
in
place
and
the
reason
I
wanted
to
take
him
just
a
little
bit
and
why
is
it
so
cool
is
that
the
falcon
network
is
probably
the
first
network
in
existence
which,
during
our
testing
last
month,
well
this
month?
Actually
during
our
testing
completely
stopped
when
we
made
a
planned
outage
of
our
randomness
source
and
after
we
turned
back
the
random
resource,
our
own
network
continues
and
caught
up
to
where
it
should
be
without
anybody
having
to
do
anything.
B
So
I
think
think
this
too,
we
had
one
blockchain,
we
decided
to
another
blockchain.
It
knew
how
to
stop
wait
and
continue
from
where
from
where
it
was
without
skipping
complete.
I
don't
mean
to
be
this
amazing,
so
every
24
hours
you
need
to
as
a
miner,
you
need
to
send
approved
to
a
network
that
this
sector
is
alive
and
well,
and
if
this
is
not
the
case
you
get
penalized.
There
are
a
lot
of
details
that
go
into
determining
what
this
penalty
is
and
and
and
how
it's
calculated.
B
Why?
This
important
to
you
as
a
client
is
that
the
miner
actually
is
very
incentivized
to
once
they
take
your
data
to
not
lose
access
to
it
because
they
get
being
every
time
that
they
are
missing.
A
present
check
for
your
particular
for
the
particular
sector
that
contains
your
particular
view
and
in
case
they
do
miss
one
one
such
period.
You
will
see
in
your
deal
state
that
your
deal,
I
I
believe,
I
believe
in
the
ux
of
powergain.
B
It
also
displays
this
that
that
the
sector
has
been
declared
as
faulty,
but
this
doesn't
mean
that
the
data
is
gone.
This
means
that
that
something
happened
during
the
during
the
proof
of
this
sector
still
being
in
place,
and
in
case
it
was
an
intermittent
error.
The
next
24
hours
roll
around
and
your
data
will
get
and
your
deal
state
will
get
back
to
where
it
was
during
this
time.
B
Unless
the
miner
is
actually
offline
like
they,
they
had
some
kind
of
outage,
or
maybe
a
power
supply
burnt,
or
something
like
that.
B
If
their
hardware
went
back
online
and
has
connectivity
again,
even
if
your
deal
is
in
the
faulty
state,
you
can
still
retrieve
it
as
long
as
that,
as
as
long
as
the
miner
is
actually
there.
B
All
these
states
show
to
all
these
states
are
there
to
show
that
your
particular
that
the
sector
contained
your
particular
headache
up,
but
then
it
is
okay,
all
right.
So
we
went
to
this.
Let's
check
again
what
how
our
deal
is
doing.
Okay,
excellent,
so
this
particular
miner
is
also
not
set
to
accept
deals
right
now.
B
This
is
another
thing
that
you
will
probably
run
into
in
the
first
like
week,
or
so,
because
miners
are
still
figuring
out
how
to
exactly
get
their
minor
setup
to
accept
deals
from
everybody,
but
how
to
set
their
pricing
correctly
and
so
on
and
so
forth.
B
So
you
might
get
an
error
which
powergate
will
also
proxy
to
you
that
I
basically
do
not
want
to
take
your
deal,
and
in
this
case
your
your
own
choice
at
this
point
of
time
is
to
go
to
another
miner
and
try
again.
If
you
look
through
the,
if
you
look
through
the
rules
of
the
spacex
competition,
you
are
actually
required
to
store
your
data
with
multiple
miners,
and
this
is
going
to
be
basically
part
of
your
of
your
discovery
process.
B
You
will,
you
will
need
to
either
instead
power
gate
or
in
the
unlikely
case
that
you
are
using
file
that
you're
using
the
the
lotus
cli
yourself,
you
will
have
to
figure
out
how,
to
you
know,
find
find
miners
that
are
interested
in
in
taking
your
intention
here.
We
are
actually
working
on
a
announcement.
I
believe
it
might
have
already
gone
out
to
miners
to
start
accepting
more
deals
and
we're
explaining
to
them
like
what
does
this
mean
and
so
on
and
so
forth.
B
So
throughout
the
weekend,
this
particular
situation
will
probably
improve
a
lot.
There
is
also
documentation
with
the
sinkshop
project,
where
we
list
a
number
of
reliable
miners
that
will
that
are
that
expressed
interest
to
participate
in
space
race
to
slingshot
and
would
love
to
accept
your
deals
and
see
how
things
work.
B
Now,
I'm
not
going
to
try
deal
again,
I'm
going
to
just
show
you
what
it
looks
like
on
the
minor
side
when
I,
when
somebody
else
was
able
to
get
a
deal
too.
So
on
the
minor
side.
It
looks
something
like
this.
B
So
this
miner
has
a
number
of
sectors
like
all
32
of
them,
and
this
one
is
being
worked
on.
The
commitment
means
that
it
is
in
it
is
before
this
state,
where
it's
going
to
write
on
chain
like
yes,
I
have
this,
so
this
is
what's
working
on
right
now
and
there
is
a
bunch
of
deals
in
this
sector
waiting
and
then
there
is
another
sector
that
will
be
sealed
right
after
that,
and
those
deals
will
then
be
become
active,
active
as
well.
B
This
is
also
why,
when
I
asked
this
miner
at
the
previous
attempt,
will
you
store
my
deal
now.
It
said
I
will
not
be
able
to
finish
it
in
time,
exactly
because
it
knows
what
it
has
in
queue,
so
it
responded
with.
B
You
know,
try
to
tell
me
to
prepare
this
later,
and
this
sector
has
a
bunch
of
deals
in
it,
which
is
improving
state
now,
and
all
these
deals
are
available
and
active
on
on
the
network
now
going
back
to
to
what
does
this
mean
for
you
as
a
client,
the
falcon
network,
in
addition
to
allowing
global
storage,
it
also
allows
global
integral.
In
fact,
your
data
that
you
put
in
that
you
put
in
file
coin
is
not
a
one
to
one
transaction.
B
It
is
more
of
a
think
of
it
as
sort
of
a
dropbox.
So
if
you
deal
with
a
miner
and
they
take
the
deal
and
they
put
it
on
there
on
the
network,
they
also
record
portions
of
data
on
the
chain
such
that
somebody
else
can
retrieve
this
data
as
well.
If
they
have,
if
they
have
a
browser
for
the
chain
that
allows
them
to
figure
out
like
what
is
active
there
right
now.
B
B
On
the
other
hand,
if
you
are
interested
in
storing
user
specific
data,
that
needs
to
be
guarded
correctly,
maybe,
for
example,
is
subject
to
certain
legal
restrictions.
B
Then
you
need
to
take
the
appropriate
steps
yourself
to
either
correctly
encrypted
or
correctly
sharded
between
multiple,
multiple
miners,
so
that
one
miner
cannot
just
reconstruct
the
data
without
without
the
other
parts
of
it
or
something
of
that
of
the
nation.
At
present,
our
software
does
not
provide
this
type
of
helpers.
You
will
need
to
kind
of
figure
this
out
on
on
your
own,
as
you
as
as
you
go
to.
B
This
is
also
why,
in
the
slingshot
competition
rules,
we
steer
people
towards
culturally
or
technically
protect
emotionally
significant
data,
because
it
is
much
simpler
to
make
adjustment
called
what
adrenaline
called
what
and
how
to
stop
this
data,
and
that
is
pretty
much
it
for
you
as
a
client
of
of
alcorn
the
tables
pretty
much
follow
the
very
same,
the
very
same
cadence
except
you
already
know,
which
miner
has
your
data,
and
you
know
what
is
the?
What
are
the
addresses
or
the?
B
What
is
the
cid
of
the
data
that
you
want
to
delete
and
then
the
same
process
will
repeat,
you
will
set
up
a
payment
channel,
auto
payment
challenge.
You
already
have
this
miner
and
then
you
will
request
the
data
pack.
B
There
is
one
more
interesting
point
that
is
probably
interesting
to
you,
technologically
as
you
communicate
with
a
miner.
Obviously
you
are
sending
them
some
money
and
they're
sending
you
some
data.
In
case
you
were
dealing
with
a
large
amount
of
data.
Let's
say
several
gigabytes:
the
amount
of
funds
might
be
substantial.
B
The
way
we
solve
this
in
falcon
is
by
doing
the
following.
Whenever
we
transfer
something
between
a
client
and
and
the
miner
or
bag
from
the
mining
to
the
client.
If
you
imagine
this,
as
being
your
tag
of
your
actual
content,
we
send
couple
blocks
a
request:
payment.
B
B
I
believe
several
megabytes
and
this
protects
both
the
miner
and
the
client
from
you
know,
from
from
one
party,
basically
leaving
the
other
without
without
anything
one
more
thing
that
I
need
to
mention
about
storage
and
retrieval,
which
is
pretty
relevant
to
what
everybody
is
building
right
now
is
that.
B
This
allows
for
a
very
rapid
retrieval
of
data
and
in
the
future
we
will
have
a
proof
system
that
we
are
hoping
to
ship
early
next
year,
where
even
without
taxing
the
miner,
with
with
extra
with
extra
storage
space,
they
will
be
able
to
serve
your
data
back
in
in
in
some
seconds
like
that,
the
amount
of
delay
to
serve
your
your
request
will
be
on
the
order
of
seconds
not
from
the
order
of
minutes
as
this
right
now.
B
Of
course,
work
is
ongoing
and,
as
I
mentioned,
we
we're
still
figuring
out
all
these
things
out.
But
what
does
this
mean
for
you
today
today?
This
means
that
you
want
to
probably
run
some
type
of
some
type
of
warm
cache
with
your
application,
that
is
sitting
between
you
and
the
falcon
network.
B
Obviously,
given
that
we
deal
with
cids
and
anti-tags,
this
hot
cache
is
an
ipfs
node
and
again
this
is
what
the
textile
powergate
suite
provides
for
you.
It
is
essentially
a
lotus
node,
an
ipfs
node
and
an
orchestration
daemon
that
ties
all
this
together
into
a
nice
ui
and
experience,
because
we
didn't
have
enough
time
to
prepare
for
for
this.
B
For
this
part
of
the
space
race
competition,
we
very
much
encourage
everybody
who
wants
those
notifications
to
do
so
through
by
communicating
with
the
powerpivot
instance
in
the
behind
the
curtain.
Powergate,
as
I
said,
runs
a
lotus
node,
and
it
will
be
doing
exactly
the
very
same
steps
that
I
I'll
find
here
right
now.
B
One
more
thing
that
I
needed
to
mention
before
before
I
take
before
I
can
put
my
my
little
presentation
and
take
questions.
Is
that.
B
You
want
to
get
a
feel
of
what
pricing
structure
is
going
to
work
for
you.
We
currently
recommend
about
one
one
nanofil
per
per
gigabyte
of
of
pricing.
This
is.
B
This
is
a
certain
amount
of
autofill,
so
stepping
back
a
little
bit,
all
the
prices
in
falcon
on
the
low
level
are
being
calculated
in
integers,
just
like
in
bitcoin
we
have
the
satoshi
in
falcon.
We
have
the
attribute,
which
is
one
to
the
minus
eighteenth
of
oh
sorry,
ten
to
the
minus
eighteenth
of
falcon.
B
B
There
we
go,
the
price
per
gigabyte
is
about
that
that
definitely
falcon
what
we
are
looking
basically
for
folks
to
not
pay
is
more
than
you
know.
I
I'm
screwing
up
my
numbers
here
after
the
presentation
I
will
I
will
in
the
slingshot
in
the
slingshot
slack
channel.
B
I
will
exactly
spell
out
what
prices
are
reasonable
for
this
network
and
what
you
should
set
your
maximum
ceiling
in
in
either
power
gate
or
the
office
plan
when
you
deal
with
other
minings
at
this
point,
we're
essentially
in
what
very
much
resembles
the
open
market.
The
main
map
so
keep
in
mind
that
miners
could
very
well
set
in
same
prices
for
their
storage
or
for
the
retail.
You
don't
have
to
take
this
price
if
you
don't
like
it
like
when
you
make
a
deal
like
right
here.
B
If
this
doesn't
sound
reasonable
to
you,
provided
that
we
seated
your
account
with
a
relatively
small
amount
of
file
point
to
begin
with,
then
you
don't
have
to
take
this
deal.
This
is
why
there
are
multiple
miners
with
which
you're
storing
your
data
and
if
one
of
them
seems
to
be
asking
too
much,
you
just
go
to
another
one
and
continue
dealing
with
them
at
present.
B
There
is
no
a
reputation
system
that
you
can
browse
just
like,
for
example,
the
map
here
of
you
know
on
the
on
the
blockchain
explorers,
but
this
is
something
that
a
number
of
teams
are
working
on
and
it
will
probably
become
available
in
in
about
a
month
or
so,
but
for
the
purposes
of
the
central
competition
you
will
have
to
keep
in
mind
and
be
and
be
cautious.
B
How
much
are
you
actually
spending
on
storing
your
data,
and
I
believe
this
pretty
much
concludes
my
a
little
bit
chaotic
walkthrough,
how
half
a
point
actually
works
and
yeah
I'm
happy
to
take
any
questions
if
there
are
some
otherwise,
I
will
be
more
than
happy
to
talk
to
anybody
during
you
know
normal
hours
in
in
our
falcon
slack
or
that
I
am
holding
open
hours
I
believe
next
week
and
there
is
another
presentation
that
will
be
doing
on
how
to
efficiently
store
large
data
sets
on
fault.
B
When,
if
you
decide
to
do
so,
yes
cool,
so
that's
all
I
have
thank
you
very
much
for
listening
and,
let's
see
if
we
have
any
questions,
give
me
a
moment.
I
will
run
real
quick
through
the
to
the
backlog.
B
All
right
so
santiago
bless
is
asking:
do
you
intend
to
incentivize
bandwidth
and
latency
in
regards
to
storage,
optimization
decisions
for
storage
providers
versus
storage
consumers?
Let
me
see
how
to
answer
this.
We
ourselves
don't
intend
to
try
to
incentivize
this
during
the
competition.
B
We
do
not
have
sufficient
tools
to
tell
the
network
what
to
do.
On
the
other
hand,
you
can
you
can
try
to
do
this
yourself.
At
present,
the
mining
community
is
actually
relatively
small,
as
you
saw
on
the,
as
you
saw
on
the
block
explorer
map.
There
are
actually
450
active
items
right
now,
and
most
of
them
are
in
the
falcon
slack.
There
is
nothing
wrong
about
joining
the
spacers
channel
and
just
asking
like
hey,
I
have
such
and
such
requirements
for
my
storage.
B
Would
somebody
be
interested
in
fulfilling
them
and
see
what
happens
in
a
way?
This
is
more
or
less
a
simulation
of
how
the
real
falcon
network
will
work.
Of
course,
you
will
not
be
going
to
a
specific
slack
to
ask
this.
There
will
be
more
mature.
You
know
more
fleshed
out
marketplace
in
some
sort
of
website
or
something
like
this,
and
there
will
be
multiple
of
them
because
we
are,
we
are
expecting.
B
There
is
already
work
happening
by
multiple
external
groups
to
build
things
like
that
to
make
it
easier
for
minors
for
minors
and
clients
to
connect
with
each
other.
Next
question
again
from
santiago.
The
client
deal
seems
like
a
perfect
structure
for
an
order
book
for
long
direction.
Contracts
example
that
many
file
coins
for
that
many
gigabytes
for
at
that
duration.
Are
there
plans
to
create
an
order
book
or
api
for
automation
of
these
contracts,
with
thresholds
arbitrage
for
variable
storage
loans
scenarios?
B
Can
the
network
be
outsourced
by
other
projects
like
for
transcoded
video?
The
answer
is
yes,
it
pretty
much
died,
dovetails
in
with
exactly
what
I
said
a
little
bit
ago,
think
of
falcone
as
not
as
much
as
a
finished
final
product,
but
more
of
a
platform
that
allows
for
a
lot
of
this
type
of
applications
to
be
built
on
top.
B
It
is
not
a
really
a
good
fit
for
the
slingshot
competition
to
build
something
like
this,
because
I'm
sorry
because
we
are
because
we're
incentivizing
a
different
type
of
metric
right
now,
we're
basically
expecting
teams
to
onboard
as
much
authentic
data
onto
the
falcon
network
as
they
can.
However,
this
type
of
project
slash
product
is
definitely
something
that
we
would
be
very
happy
to
see
and
materialize
in
the
coming
in
the
coming
months.
B
Let's
see
okay,
yeah!
Well,
thank
you
for
listening,
santiago
yeah.
I
guess
we
don't
have
any
other
questions
right
now.
If
some,
if
some
of
my
colleagues
are
monitoring
slack,
do
we
happen
to
have
some
questions
there
or
not?
Really,
we
have
five
minutes
left
to.
B
A
B
Yeah
excellent:
we
have
anticipate
timeline
for
falcon
to
be
launched
imminently.
We,
if,
if
you
have,
if
you
have
paid
attention
for
to
the
previous
months,
you
know
the
entirety
of
space
race.
We
have
been
essentially
working
around
the
clock,
fixing
multiple
bugs
and
making
multiple
improvements
to
the
network,
which
would
be
it
would
be
number
one
very
difficult
and
number
two
very
irritating
to
all
the
users
to
try
to
fix
post
launch.
B
So
we
are
we're
burning
down
the
list
of
must-haves
that
are
going
to
be
really
difficult
to
fix
after
we
launch-
and
this
is
what
is
currently
telling
the
network,
but
as
I
as
I
mentioned
previously,
the
actual
part
of
the
blockchain,
the
actual
part
of
proving
storage,
the
actual
part
of
being
resilient
to
to
failures
of
dependencies
like,
for
example,
the
dna
network
have
been
all
figured
out
and
they
work
phenomenally
well.
So
very.
B
Soon
fayyan
is
asking:
are
we
going
to
cover
power?
Okay
today,
no
powergate
is
going
to
be
a
larger
one
and
a
half
hour
presentation
that
happens
on
monday
at
15,
30
utc.
B
So
I
think
the
start
of
this
presentation
half
hour
earlier
on
monday,
and
it
will
be,
I
believe
it
will
be
andrew
hill,
talking
to
two
things
and
he's
a
much
better
presenter
than
me
so
yeah
definitely
tune
in
it
will
be.
It
will
be.
B
Excellent
all
right
yeah.
I
believe
this
is
all
the
time
we
had
today
and
really
happy
that
you
joined
us
and
yeah
happy
happy
happy
racing
on
the
slingshot
track
of
our.