Yeah, so, howdy everyone, I'm Jonathan Victor, I am working on the Falcon discover project. I'm gonna actually touch on a few things that are calling in one brought up, I think this actually synthesizes some of the points in the topics they were just bringing up. But just to sort of reiterate, I think it's mandatory for each presenter to bring up the mission statement for file coin. The intent to file coin is to create a decentralized efficient and robust foundation for all of humanity's information. And so specifically. I think it's important to think about, filecoin.cn essentially, what are what do we mean when we talk about these different data sources. So there's obviously like a lot of data out there. But there's literally as Colin mentioned zettabytes of data and growing. And this comes in a bunch of different categories. This can be AI datasets things for self driving cars, it could be climate data sensors that are being deployed by open source projects, or even proprietary projects, capturing climate data, cultural assets, things like Project Gutenberg that capture open source books are LibriVox which is like audiobooks mapping capturing useful assets that can be used by other projects but open source and private to actually use the information mapping streets cities and towns, and then science data sets trying to help create a foundation for the rest of us to actually do our research. And so, in theory, when we just say we want to store this data I think on the surface it can sound pretty trivial. And then when you start digging into the details, we start uncovering and peeling back these layers of all these different challenges. And specifically, you start realizing well okay if I have these super large data sets. I run into a usability problem. How do we both acquire the data and then how do we put it in a form that makes it useful. There's a logistic problem I have maybe petabytes of data that I'm trying to transfer and of course the internet itself is not built to do that thing. So how do I actually get that into the hands of people who might want to store on file coin. Even if I can get one copy into the hands of people, how do I store multiple copies. And then if you start doing the math of what it would take to actually transfer the data. Well if you use the normal internet, the costs start spiraling exponentially not mentioning even like the time to do so as well. And so if you think about it, the way that the internet is set up today, we have all these different pipes and we can go through those different pipes, but actually getting the data into the hands filecoin.cn of the people who could even do the storing of that data is quite a challenge in and of itself. So if I can discover is a project that is aimed to see foul coin is the home treatment of these most important datasets by actually acting as the tip of spear to unblock a lot of these challenges. Specifically how does this work behind the scenes, the Falcon discovery team were working on various stages of this pipeline in order to enable and make it possible for anyone to actually pick up a store index large scale data sets. And we're doing this by building the tools as we go. So the first part of this is harvesting data sets. This is from nonprofits open source projects, even suggestions from the community, pulling all these data sources together. The second step is actually processing it. Unlike when we store data through Lotus just using graph sync or if we use ipfs. You actually have to filecoin.cn build going to do the IPO deification the indexing and the generation of copies outside of any of the normal tooling that we have the step after that is actually distributing it says sorting out the logistics figuring out how can we actually effectively find in source miners to actually participate in this program. And the last component is surfacing, which specifically means actually after we've distributed the data, we've been able to strike an offline deal with a miner and be able to have that deal, go live on the network, how do we actually make the data that we harvested at the very beginning, accessible for others. Um So for each of these different parts right now this is something that our filecoin.cn team is building in house, but the intention goal is for us to actually as much as we can open this up so other people can participate in the future. So just to give a little bit of a recap. Since our launch, which was on May 7, so not that long ago. thousand. The response has been absolutely overwhelming. I imagine it's the number of the folks on this call that actually has been the ones participating. Thousands of drives had been pre ordered. More than 100 miners around the world have offered storage offerings to participate in this program. We've had a number of organizations reach out, filecoin.cn in order to have their database stored through Falcon discover and of course we've heard tons of valuable feedback from the community ways and improvements, or ways that we can update program and improvements that we can take on. So specifically today I wanted to talk. Just very briefly at least about how we've been responding and hearing your feedback. So the first is one had just mentioned, the, the challenge with verified clients and verified data. So, one thing that we heard from the community was as Falcone discovered that the intent here is to be a single source for the early source of verified data, but we don't want to be the only source, and especially given that all of the rest of this architecture is being built out. We wanted to cap the amount that we're filecoin.cn actually storing through this program in the first wave, so as to not make anyone who doesn't feel like they want to participate, feel like they're being beaten over the head without for not actually having joined the program. So by capping the drives we have to address that first issue, and we'll reevaluate after lunch, to see how we can actually meet the demand, the demand that we're seeing from the miners who have already placed large orders, as well as store the data from all these projects that are reaching out to us. The second thing I wanted to flag is a number of folks had reached out, asking if we would be able to accept alternative forms of payment. And this is something that we're actually working on in the background. So we're looking into ways that you can accept bank transfers, including crypto payments as well. So that's something that will keep the community posted on as we start this video on our side. Third, I wanted to mention, as we talked about on the previous slide. We're also working on documenting and our processing and our patching or packaging our tooling. And so the intent here is a lot of the custom tools that we're doing prior to deification the ways that we're actually servicing things through the discovery UI. Ideally, this becomes a process filecoin.cn that in the future other teams can run independent of us in this program. And so we'll be documenting how we've actually done this work. Hopefully releasing some tools as well so people will be able to pick this up and run this themselves, they'd like, as well as actually including some documentation about how if teams who process and store their own data are interested, they might be able to integrate that into our UI in the future. And then lastly I wanted to just give an update on some of the other projects that are contributing their data. Well, in this case, the Internet Archive is contributing some datasets to be stored through this program. Bitcoin that blockchain is now going to be archived as well. And there's a handful more that will be announced in the future.
And so for folks who have further questions, I'd like to just point you to our Slack channel fil dash discovery dash support or email, discover dev support at protocol AI. If you'd like to participate, feel free to go to the store store coin filecoin.cn discover or desktop when discovery. COMM, or if you're interested for more information. Feel free to read our blog post, which also links to our update.
Yeah, thank you.
Thanks a lot, Jonathan. So next up we have Ian Darrow presenting a little bit of a teaser about test net incentives which I know is something that lots of people are super interested in. So let's get in, up here.
Hi everyone. As I said, my name is Ian, I work on the operations team at the Falcon project. I know that we have had lots and lots of questions about the test net Incentives Program. And I'm here. Not quite yet to tell you all the details filecoin.cn but to give you a little bit of an outline about what to expect and how to prepare, we'll be announcing the final details of the program soon, but what's important for you to know, as you're getting ready, is that the test that incentive competition will be a three week competition where we challenge miners from all over the world to add as much sealed storage to the network as they can, as miners from all over the world, collaborate, to grow the total size of the network, the reward pool, that's shared between the miners will grow. We're excited to offer well I did well upwards of a million file coin total for this reward system to help miners have collateral to stake. Once the network is live. As part filecoin.cn of this competition, there will be a live leaderboard where miners can look in real time. See how they're doing, how the entire community of miners is doing and what rewards have been reached, and miners will even be able to submit their names or their company's names, so that when people look at the leaderboards, they can see which miners have been the most active in the most successful in the community. One thing that is very important to note that I want you all to know is that it is required to participate in this program that your miner be set up to accept storage and retrieval deals so I know that we've seen a lot of people who are conducting testing and who filecoin.cn haven't spent the time or turn down their miners in such a way that they can actually do storage and retrieval deals. We strongly encourage you to put in the time now to figure out how to make that work, because you won't be able to receive rewards from the test net Incentives Program without a miner that fully functions on the network. We're looking forward to releasing the full term soon we'll have the details including timing and all the reward amounts in the next week or two. So thank you.
Cool, thanks a lot Ian, and I'm sure I speak for everyone listening, and I say that people are very excited to be here more information. filecoin.cn All right, so thank you to all of our speakers that's all of the presentations that we have for today. But before we go we did ask for members of the community to submit some questions that we wanted to answer. So I'd like to go through some of the questions that came in, and address some of them now.
Give me a second.
But hopefully people can see my screen.
All right. So the first question that we had and I think this might be at this point to be the most asked question in the history of humankind, is whether main net launch will take place on time. I'm happy to say yes, are there are no updates to our main net launch window it continues to be somewhere between July 20 and August 21, and as always you can follow our progress on our public roadmap Gantt chart as well as a cheat sheet for updates from us always, but we're certainly working very hard to meet our optimistic best case. Make that lunch window. So, keep supporting us and we'll make it there. Someone asked what's your progress on determining how verifiers and verified clients will work. So, obviously we got part of this information already today. I guess I'll say that for testing purposes. We'll probably put up some sort of profit, just to have like some small scale testing of verified claims for as we approach main net launch obviously we hope to flesh out some of those details and and formalize what the verification process will be like, but I will say that, so long as you are storing real data on file point for an actual use case, you probably don't have to worry about this, becoming a verified client should be easy. That's our goal. So we had a question. When do you expect the final specs for pledge collateral to be revealed. So we are continuing to work on our crypto economic models, the mechanism of pledge collateral will probably stay what it is what we have live on test phase right now. So the only filecoin.cn thing that's TBD is kind of the actual parameters. I'd say expect to rough parameters in June. And the final parameters, probably in July as we approach main net launch itself. Question How long is file coin tested phase two expect it to test. Forever we are, we're hoping that this is the, the test that that we intend to keep live until until the next launch and probably after as well. But there will certainly be resets as we as we continue to as we come closer to make that launch so expect that as a question When will the test that competition start. And will there be an incentive mechanism and Ian, kind of touched on this briefly, our expected timeline right now so the competition will start about five weeks before main net launch. And there'll be a lot of file coin on the line. So, that that's the timeline that we have for that right now, as he said, expect more information. So the question that says when the test net phase to get the reward has the detailed distribution mode of rewards been determined. I'm not sure exactly what this question means but I think in terms of in terms of block rewards. More details on that will be coming up next week if you mean more about incentives again we've kind of touched on that already. There's a question How big is the possibility of using filecoin.cn NFC in the official network, when will a white paper on NSE algorithms be available. So again, this is one of those questions that we received a lot from the miners and let me quickly say that we hear you, and we are grateful that you are providing all of your feedback. File coin bill launch with SDR is our plan, which is the existing perfectionism that we have on test net right now, we're continuing to research, nse, as well as other alternatives that might be better. And we are certainly hoping that we will introduce either NSE or some better version of it. At some point after it made that launch. So this is a good time to say that miners should definitely expect that there will be proof upgrades over the life of the network, it's not as though whatever we launch main net worth is what we stick with forever. So please be prepared to to upgrade to for for proof upgrades to happen over over the life of the network. And also, I lost peer support because these upgrades are to improve the efficiency and security of the network that's the only mode of driving. So just keep that in mind. But for now, NFC is not planned for for main net launch itself. That's a question boot verified client deals, such as those from file coin discover or others help with the test net incentive competition. No, it's the it's a short answer, and the entire answer.
Someone asks, Are Falco and rewards fixed per chipset or per block will a miner receive a fixed number of output for a block or will the reward be shared among the block at a chipset. It is per block, that's what's live and tested right now and that's what we plan to launch on Main net. So, if you win a block, you will earn a specified amount of file coin, it's not exactly a fixed amount in that that amount is going to be changing over time, but every block in the chipset will earn the same amount, and more blocks being president attempts at the start affect how much a miner will burn. So it is entirely port block. So someone asked how many blocks will be included in each chipset on average, the numbers, the current number is five, I believe that's filecoin.cn what we have on test net phase two right now. And that's probably what we'll launch main net with five blocks per chipset on average, but it's certainly worth saying that, that you can expect, you know, far fewer or far more than those we sometimes get questions with, you know, there were eight blocks in this chipset, there's something broken, not at all. That's perfectly. That's perfectly normal. Someone asked is a unit of storage price per epoch is file clean. Will the value be changeable or stable because of the price wave of file coin itself. Yes. The unit is file coin. And this value will definitely be changeable I believe that is the value that that a miner can set for when setting their query. So, miners are free to change that and we're hoping that you know the economics of the market will wind up with some sort of equilibrium value that miners set in order to get to get clients to make deals with them. Someone asks, How can I make a committed capacity sector and do I still need to use it to seal my garbage data to get power, or do I get power to mined blocks as soon as I make a committed capacity sector. So, committed capacity sector is essentially any sector that doesn't have deals that doesn't have a deal in it. So, you can certainly get power to mined blocks. Once you've made a committed capacity sector but you still do have to seal that sector. In order to to start proving it and to start for that to be the basis of building blocks. You also will be. I believe will still be support submitting challenges for such a sector. Hardware recommendations for mining rigs, any motherboard and CPU suggestions or guidelines. As always, we are not providing any hardware recommendations ourselves. That is not that is not something that we want to do in short. Having said that, we want the community to be doing that and various members of the community have already benchmarked various mining setups. We've established some basic requirements, some minimum requirements by this point, and people have lots of opinions and have shared lots of results of their experiments. You can find that information on the Lotus website, or just ask in one of the community channels and I'm sure you'll get lots of responses from people that that will have valuable insight to that question. Someone asked what's the difference between 32 gigabyte and 64 gigabyte sectors, is there any minor mining 64 gigabyte sectors. I'm taking the second question yes yes there is we have my nurse on test on phase two that are mining 64 gigabyte sectors right now I believe in terms of the difference between 32 and 6464 is mining 64 gigabytes hackers is a little more efficient. It's probably a little faster to compute to compute the proofs for your 64 gigabyte sector, and also then you have only one sector to submit, or half as many factors as challenges for having said that it's exposed gigabyte sector obviously takes longer to unseal an agenda that's going to require better hardware and more space to seal and so on. So, it's a bit of a trade off. But that that's kind of what the difference would come down to. If you can support 64 gigabyte sectors Well, you're probably a little better off doing so. So the question we get a lot is well if you examine tests and phase two right now, from the current power table the top three miners seem to take most of the storage power, and it's it's a concern to you.
In short, I'd say no. In that the test net really isn't about gaining as much storage power as possible. Some people might have just been like, super ready to, to gain as much power as possible, but we still have huge amounts of storage power kind of sitting on the sidelines waiting to join. But in general, the purpose of test net is to be testing out the network and for people to get comfortable with final point, as well as to find bugs, obviously. So, we're not too concerned about you know what the power cable of test net phase two, it looks like, except to say that it's great to have people contributing storage power to it. I think as we get closer to main net launch. We'll have a better picture of what that initial power table will look like. Will the test net phase to be reset. If so, when yes definitely expect. I'd say expect multiple resets we're planning one for as soon as next week, probably. But in general, we're, we're fixing lots of problems, as I'm sure a lot of you know, and generally making improvements to to the implementation code, and we kind of want to get that code live and being tested as soon as possible. So yes, we definitely will be resetting to test for phase two, once or a couple more times. But the first one, coming fairly soon.
Okay, that looks like all of the questions that we got.
Thanks a lot for your questions. And thank you all for joining us. Well, like I said at the beginning, we're hoping to do this. Semi regularly, if people find it valuable so feedback is very welcome. We'll have a recording of this posted with subtitles soon so stay tuned for that as well. but to sign off I'll say thank you to everyone who presented today thank you to all of you for joining the call, and thank you again for your continued support of the file coin project filecoin.cn for your patience, or for your questions. And just for your enthusiasm because it is extremely encouraging, as we get into this final final window, as we approach lunch. So take care, stay safe everyone. Have a good day. Have a good night. and please stay in touch. Thanks a lot.