Filecoin Filecoin Storage Providers, 17 Aug 2021

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From YouTube: HyperDrive Upgrade - Ecological Development by 1475

Description

Tim Zhu from 1475 updates the Filecoin Community at the first Storage Providers Show and Tell. With a focus on the HyperDrive upgrade, Tim updates us on the ecological development after the HyperDrive upgrade.

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Hi everyone,: this is tim from 1475.

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I'm very happy to be here to bring you the presentation about filecoin, ecological.

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Development after hyperdrive upgrading.

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Okay, so let's see the network power.

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Growth first, from june to august.

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We see consistent growth on the network, power,.

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And the growth rate is still accelerating.

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This is pretty cool. and how about the base gas fee?.

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We can figure out that base gas fee jumped greatly.

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And remained stable within limited space after the hyperdrive upgrade.

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And there are three main reasons. firstly, the time limit between pro-commit and the pre-commit messages.

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Has been adjusted from one day to thirty days., so miners no longer hurry to send the approved.

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Commit messages after pre-commit ones.

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Secondly, pre-commit and pro-commits.

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Can be bunched into one message which confirm: success, the gas used, or cloud, for sealing success.

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The third reason is proof, commit aggregate messages, has added aggregation, fee.

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So in the economic sense,, the base gas fee.

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Is locked in a certain range of about.

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0.13 nanofil to 0.2 nanofil.

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I will show the details: later.

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Okay, so,: let's move to fip 8.

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Precommitsectorbatch's effect on reducing gas.

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So from my, from our calculation,.

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The prebatch upper limit of packed.

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Sectors' number is up to,, the maximum is.

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Two hundred fifty six.

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And the pre bench, efficiency for reducing gas.

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Is from five times to eighteen, times.

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As for fip 13's, provecommitaggregate messages., as for fip 13's, provecommitaggregate messages.,.

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If we take a 10, petabyte node,.

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For example,, we assume its sector. Size is 64 gigabyte.

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We assume its sector size is 64 gigabyte.

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we can see,. We can see the trust set.

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The gas rate,, the efficiency of gas reduction.

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And the base gas fee breakeven point.

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Both depends on the number of proofs benched.

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The more,, the more proofs you benched,.

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The more efficiency you can reduce your gas.

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And everything is, the difference. Is, is tiny. and everything is,. The difference. Is, is tiny.

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If, if,, if your,, if your sector size is 32 gigabyte.

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If, if,, if your,, if your sector size is 32 gigabyte.

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Okay, so next I will show you the.

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Network maximum capacity of the filecoin,.

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Filecoin network after the hyperdrive.

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As we can see, there, things, each tip site contains.

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As we can see, there, things, each tip site contains an average of five blocks, and the.

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Gas limit of each block is 10 billion.

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The target gas limit of the whole network is 72 trillion.

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And for now the gas use is about 50 trillion a day., and for now the gas use is about 50 trillion. A day.

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So there are,, it means that,.

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Only 70% of the gas limit has been used.

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That is to say, we have two potentials: to,.

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To speed our network capacity.

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So one is more miners using prebatch, proveaggregate messages to seal sectors.

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The second is the increase of gas used on the network.

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Okay,, I will do a simple calculation.

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If, assume that everyone uses.

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A sector size of 64 gigabyte.

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We can,, we can see that,, we can see the single sector precommit's gas, here,.

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About two hundred.

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Two million, excuse me.

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We can see the single sector provecommit's gas, here, about, about one million.

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So we add,, we add them up,. We can have.

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The whole gas for single sector sealing.

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It's about three million.

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So,, the maximum number of sectors sealed in a single day.

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So,, the maximum number of sectors sealed in a single day.

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For the entire network can be up to nine million,.

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Which means that the maximum daily network power growth is up to 573 petabytes,, which is very amazing.

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Power growth is up to 573 petabytes,, which is very amazing.

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Cool. so, to conclude, the hyperdrive upgrade is based on the optimization of the code of zero-knowledge proof,, which not only.

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Greatly reduces the gas used for sector sealing,.

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But also significantly lowers base gas fee.

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Without changing the block gas limit.

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in a word,, it has made great achievement in cutting down both quantity and price of gas.

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So,, the gas saving of providing distributed.

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Storage services on filecoin network is one step of significant improvement.

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We believe that the filecoin network is on the road to real data, expansion,.

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Retrieval mining,, smart contracts,.

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And a decentralized storage network for the most important information on the earth.

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Okay, so as for 1475 team,,.

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We have been dedicated to the construction.

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Of filecoin ecosystem for a long time.

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We are honored to be one of the notaries in the the first group, and we have approved.

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15 clients, with a total of 100 terabytes, real data. 15 clients, with a total of 100 terabytes real data.

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And in may, and in may of 2021,.

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We, we was,, we were granted one petabyte quota,.

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And was re-elected as the notary in china, again.

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And in addition, 1475 team published real data related fip 16.

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1475 team published real data related fip 16.

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But now, cc sectors can only seal.

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Garbage data and fail to upload real data.

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Through this fip,, it avoids the waste of storage space.

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And so as to improve storage resources, utilization.

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With subsequent proposals in the future,.

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It can even convert cc sectors with real data into verified deal sector,.

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So that, so that the sector can enjoy 10 times of power. so that the sector can enjoy 10 times of power..

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That's a,, it's a huge improvement.

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Okay. time's up.. Thank you for listening.. If you have any questions,.

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You can scan the qr code of wechat to talk with me after the meeting. cool.

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