This is a summary of Protocol Labs founder Juan Benet’s speech at EthCC 2021. View the full content: /video/BV1eb4y1r7E1 The Filecoin network is ecologically oriented, and it is consistent with Protocol Labs’ tendency to build modular solutions.
Because it was originally designed to be used by others, Filecoin is at home in other stacks, applications, and ecosystems in the Web3 field.
Since its launch in October 2020, Filecoin has grown to over 8 exbibytes of available storage space, with over 400 projects entering the ecosystem.
Ethereum is an ecosystem that continues to prove its interoperability and shared interests.
Filecoin + Ethereum >>>>Filecoin and Ethereum Virtual Machine (EVM) The Filecoin ecosystem realizes the benefits of the network supporting smart contracts.
Initially, the developer community believed that the bridge service established between Ethereum and Filecoin was sufficient to support smart contracts on Filecoin.
However, using smart contracts through a bridge is a cumbersome way, and it is even less functional and composable than implementing smart contracts directly on Ethereum.
There is a proposal to add the Ethereum Virtual Machine (EVM) to Filecoin to enable support for smart contracts at the storage layer and provide more opportunities for the combination of the two ecosystems.
>>>>Developer tools and resources Fleek: Allows users to set up websites, store and distribute files, and develop dapps for decentralized networks.
Fleek accelerates the adoption of the decentralized web by making it easier for everyone, from professional developers to everyday internet users, to create apps and store files in a decentralized manner.
Fleek can automate archiving on Filecoin and leverage the Ethereum ecosystem through applications like ENS (Ethereum Name Service).
/) is a comprehensive platform integrating smart contract-based peer-to-peer fixed-rate lending, collateral management services, inter-currency trading and other types of interest rate products.
Secured Finance's protocol is a decentralized peer-to-peer financial protocol that provides middle and back-end banking services on the blockchain powered by Ethereum smart contracts.
Secured Finance addresses demand within the Filecoin network, providing a solution that meets the strong demand for FIL loans from Filecoin storage providers.
>>>>Data Market OceanProtocol(/ VideoCoin: is building a solution to reliably create, store and trade video-based NFTs, bypassing the complexities and fees inherent in storing actual content on Ethereum. VideoCoin is building
Integrating its decentralized video processing network with Filecoin to create the first platform dedicated to creating and trading video NFTs is a much-needed part of the nascent global digital collectibles market https://videocoin.io/.
>>>>NFT nft.storage (http://nft.storage/) is a service supported by Protocol Labs and Pinata. It is specially designed to store NFT data and allows developers to address it through content.
and decentralized storage to protect their NFT assets and associated metadata, ensuring that all NFTs follow best practices for long-term accessibility. Future use cases will emerge as the Filecoin and Ethereum ecosystems grow and overlap.
More emerging use cases and developer opportunities. Some of the use cases that can be innovated include: >>>> Composable DeFIL There are some opportunities that can arise from combining the world of storage and Defi. People can combine market orders such as ask, bid and trade.
) to a decentralized exchange to observe how the market judges the value of these orders. With this ability, the ecosystem can begin to imagine the emergence of hardware futures and spacetime futures.