Looking for Filecoin? Find FIL Price, Exchanges, Reviews, Chart, Historical Data & FIL Marketcap
Filecoin (FIL) Ranked 396 in Coin Market Daddy Currencies Index. Filecoin (FIL) price is $8.19. $53.73K worth of Filecoin (FIL) has been traded in the past 24 hours. Filecoin (FIL) currency type is coin (mineable). FIL trading is available in number of exchanges. Exchanges information is updated automatically. Stay tuned to check updated information. If you find any error on this page, please Contact Us to update Filecoin (FIL) and contribute to CMD Cryptocurrency Encyclopedia.
Filecoin is a decentralized storage network that turns cloud storage into an algorithmic market. The market runs on a blockchain with a native protocol token (also called “Filecoin”), which miners earn by providing storage to clients. Conversely, clients spend Filecoin hiring miners to store or distribute data. Filecoin miners compete to mine blocks with sizable rewards, but Filecoin mining power is proportional to active storage, which directly provides a useful service to clients.