blockchainreporter
  • News
    • Altcoins
    • Bitcoin
    • Blockchain
    • Ethereum
    • Adoption
    • NFT
    • DeFi
    • Metaverse
  • Education
  • Glossary
  • Advertise
No Result
View All Result
Buy Crypto
blockchainreporter
  • News
    • Altcoins
    • Bitcoin
    • Blockchain
    • Ethereum
    • Adoption
    • NFT
    • DeFi
    • Metaverse
  • Education
  • Glossary
  • Advertise
No Result
View All Result
blockchainreporter
Buy Crypto
No Result
View All Result
  • bitcoinBitcoin(BTC)$20,522.000.72%
  • ethereumEthereum(ETH)$1,190.783.61%
  • binancecoinBNB(BNB)$238.522.62%
  • rippleXRP(XRP)$0.3316161.53%
  • cardanoCardano(ADA)$0.4625110.87%
  • SolanaSolana(SOL)$36.792.46%
  • dogecoinDogecoin(DOGE)$0.0686941.42%
  • AvalancheAvalanche(AVAX)$19.134.89%

Filecoin Anticipates Launching its Mainnet Blockchain Storage Network Mid-2019

Tom Nyarunda by Tom Nyarunda
September 1, 2018 - 6:00 am
in bitcoin news, blockchain news
0
Filecoin Anticipates Launching its Mainnet Blockchain Storage Network Mid-2019
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Blockchain storage startup Filecoin gave its first and second quarter appraisal on Tuesday, August 28, 2018, to keep potential investors updated. The company announced it expects to launch its blockchain storage network Mainnet before mid-2019.

Filecoin has been busy creating its roadmap which is still in its initial stages and shows where the company is headed to beyond the expected mid-2019 launch. The company has put in place several milestones it intends to pass the include releasing a demonstration of their go-Filecoin protocol, the execution of a GitHub repository among others.

Implementing the planned launch of the Mainnet Storage Network will only happen after the completion of a successful testing phase. The team intends to incorporate all interested developers to integrate their contribution. The statement from the company’s blog read in part:      

“This will be a major point of involvement for the community at large, and we strongly encourage the participation of developers interested in developing Filecoin or in building applications on it.”

The company didn’t give any specific dates on their timeline but apprised interested users of their current position, their timetable and the milestones they intend to achieve in the near and distant future. Filecoin indicated they plan to test their network during the first quarter of 2019 and promised to give exact dates in due course to prepare for the release of MainNet in the second or third quarter thereafter.

The company elaborates on the reason for giving an optimistic timeline:

“We hate giving dates that may turn out to be too optimistic or slip, but we hate the silence and keeping our community in the dark even more. So, against typical mainstream software & product development wisdom, we are publishing this optimistic roadmap with expected dates of targeted milestones, and we plan to revise it as we need.”

While the company appreciates the importance of giving a straighter forward and transparent timeline that helps with coordination across the blockchain community as milestones get closer, they are open that there are unanticipated circumstances that can alter the best plans and cause things to happen, eventually. The announcement implies that the roadmap isn’t cast in concrete and investors should wait with an open mind.

Filecoin conducted an Initial Coin Offering in 2017 and garnered over $257 million marking one of the most successful sales in the industry so far. The MainNet project has received significant support from leading venture capital firms including Andreessen Horowitz, Sequoia Capital, and Union Square Ventures.    

Tags: Blockchain TechnologyCryptocurrencyFilecoinStorage
ShareTweet
Tom Nyarunda

Tom Nyarunda

Entrepreneur and freelance writer based in Nakuru, Kenya. I cover cryptocurrency, the Blockchain technology, and financial topics. It’s my joy to transform the simplest phrases in a way they reach a reader’s heart to help them discover how crypto is disrupting the world as we have known it. I believe in transforming the world, one word at a time.

Recommended For You

Blockchain TPS Game Superpower Squad Is Getting Traction Among Gamers & Investors

by Mushu Butt
July 6, 2022 - 12:00 am
0
Blockchain TPS

Superpower Squad is a blockchain TPS game with a superhero theme that includes MOBA, RPG, Roguelike, and Social Features gameplays

Read more

Wirex Introduces Crypto-Backed Credit

by Josh Fernandez
July 5, 2022 - 5:31 pm
0
Wirex

Wirex payment venue has introduced Wirex Credit, providing top competitive interest rates with no initial charges in the case of crypto-backed loans

Read more

Binance, Elrond and Filecoin Network Participate In Network Upgrades

by Umair Younas
July 5, 2022 - 2:04 pm
0
Binance Elrond

Binance, Elrond scale blockchain, and Filecoin, a decentralized storage network, will participate in network upgrades.

Read more

Bitcoin Crash Has Caused The Purge of Its ‘Market Tourists’

by Samuel Edyme
July 5, 2022 - 12:47 pm
0
Bitcoin Crash

Bitcoin crash has caused the purge of its so-called 'market tourists' as the most famous coin saw an awful monthly performance in June

Read more

Vauld Crypto Lender Could Soon Be Acquired by Nexo

by Eric Maina
July 5, 2022 - 11:49 am
0
Vauld Nexo

Vauld crypto lending platform could soon be acquired by rival Nexo, after Vauld suspended all customer withdrawals yesterday

Read more
Next Post
Report: Venezuelan Cryptocurrency Petro “Nowhere to be Found”

Report: Venezuelan Cryptocurrency Petro “Nowhere to be Found”

PARTNERS LIST

PRESS RELEASE

VerticalCrypto Art presents: PROOF OF PEOPLE – London’s first NFT Festival powered by Tezos

by chainwire
July 5, 2022 - 12:43 pm
0

London, UK, 5th July, 2022, ChainwireVerticalCrypto Art is pleased to announce ‘Proof of People’, London’s first immersive three-day festival showcasing...

Fintech-Ideas brings blockchain functionality to its range of platforms

by chainwire
July 3, 2022 - 10:30 am
0

Berlin, Germany, 3rd July, 2022, ChainwireEnterprise software developer Fintech-Ideas has integrated a suite of blockchain tools to its SaaS offerings....

Himo World Announces Open Beta of PvP Strategy Game

by chainwire
July 1, 2022 - 5:36 pm
0

Melbourne, Australia, 1st July, 2022, ChainwireHimo World, an NFT-based strategy game developed by Kaofox Corp, has announced its open beta...

Swappi (PPI) Announces First Exchange Listing on BitMart

by chainwire
July 1, 2022 - 10:01 am
0

New York, NY, 1st July, 2022, ChainwirePPI, the native token of Swappi, is now available for trading on global crypto...

BlockchainReporter is a trusted name in the cryptocurrency and blockchain technology news space, keeping its readers abreast of the latest and most significant trends in the industry.

Here at BlockchainReporter, our team of global writers is dedicated to providing price analysis on leading cryptocurrencies and covering the latest developments pertaining to bitcoin news, altcoins news, blockchain news, NFT news and cryptocurrency adoption news from around the world.

News

  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • Adoption
  • NFT
  • DeFi
  • Metaverse

Info

  • Education
  • Glossary
  • Market
  • Press Release

Company

  • About Us
  • Terms & Conditions
  • Advertise
  • Sitemap
  • Contact

@2022 – Blockchainreporter.net. All Right Reserved.

No Result
View All Result
  • News
    • Altcoins
    • Bitcoin
    • Blockchain
    • Ethereum
    • Adoption
    • NFT
    • DeFi
    • Metaverse
  • Education
  • Glossary
  • Advertise

@2022 - Blockchainreporter.net. All Right Reserved.

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
Cookie SettingsAccept All
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT