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Is it legal to fill coins in China?
Legally, with the increasing application of IPFS technology, the country is also developing a new gravity infrastructure, that is, the construction of the Internet, and IPFS is one of them. The FIL coins issued by filecoin as the incentive layer of IPFS are legal and compliant. Filecoin has followed this principle from the beginning. Since its establishment, IPFS/Filecoin has created a number of first records: the first cryptocurrency with the closest connection with the real economy; The first crowdfunding cryptocurrency recognized by traditional financial institutions; It is also the first cryptocurrency favored by top investment institutions in private round.

1, filcoin: The Chinese name of filcoin is Filcoin, which is an open source and public-oriented encrypted currency and digital payment system. The file currency system aims to create a data storage and retrieval method based on the blockchain system, which is created by the "protocol laboratory" based on the interstellar file system. The full name of IPFS is Inter Planetary File System, which is generally translated as "interstellar file system". It is a peer-to-peer (P2P) distributed file system proposed by the protocol lab.

2. Although it is a file system and data storage technology, more accurately, IPFS is a transport protocol. IPFS regards HTTP as an opponent and advertises for it. HTTP (Hypertext Transfer Protocol) is one of the most commonly used transfer protocols at present. If we want to find what we want on the internet, we must enter the website address, which mostly starts with HTTP. HTTP passes through domain name, IP and multiple central servers, and then uploads and downloads files. The advantages of HTTP are irreplaceable. Now we all rely on HTTP for surfing the Internet. However, HTTP also has some problems, such as low execution efficiency, excessive dependence on central servers and backbone networks, and so on.

3. Compared with IPFS, this is a multi-center solution. Content addressing is not through domain name and IP, but through a unique hash key to find data. IPFS is a distributed file storage system. File data is not stored on the central server, but on all eligible computers on the network. Of course, IPFS is not only that, but also has many other functions, and its level and application range are beyond the simple P2P download. In IPFS, there is an incentive mechanism-Filecoin. Participants (miners) can get the cryptocurrency Filecoin reward by contributing storage space and bandwidth.