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    Trillion-level projects Filecoin is officially launched, the one who’s gonna keep it steady on the track, will win finally

    11-05 Financialcontent

    By UTC time, On 14:45, October15th,  Filecoin network is officially transited from the space race network to the Filecoin host network. The online of main network Filecoin is a milestone step for distributed storage network. At the same time, the Filecoin network has been ready for long while teams of miners have also begun to show off.  And when IPFS contribution is a long-term thing, not short - term speculation, but a marathon.  It also need time to verify who can hold on to obtain the top crown.




    In recent, we've got a preliminary understanding of the miners' team, trying to find a future unicorn team. One of the Chinese teams named Helmsman caught our attention. We learned their low point of pragmatism from industry workshop.  And it was the first team to be targeted by capital markets. It is valued at $1.4 billion. This is interesting, as so far it was the first team to be targeted by capital markets.  So in this time, we will try to analyze it from different angles and sort out the overall strength of Helmsman team, to see if it matches its $1.4 billion valuation.


    After epoch reached the height of 148888, Helmsman was in the first 100 blocks of the main network.  With a 14% burst rate, it was at the top 10 of all 582 miners;  After the first natural day, 16000 FIL was extracted over by using only 1021 servers. From the perspective of efficiency, it was far more than the first 5000 servers that dug up only 13000 FIL.


    The powerful algorithm can be apart from the support of the technical team and the optimization of the algorithm. At present, in barren Filecoin ecology, it exists as a punch. The only information available suggests that the technical team behind Helmsman should be no less than 60, also with number of engineers proficient in algorithmic optimization, who are mostly top experts from artificial intelligence, big data, finance and other fields.


    Not only in terms of technology development capabilities, Helmsman performs everywhere in the market.  Helmsman technology has signed strategic cooperation agreements with China's Jiangxi government, Yunnan University, Peking University data Computing Center, Guizhou Cenghan Construction Group and Lao Ministry of Science and Technology. And elected Jiangxi block chain industry association executive director unit, China private science and technology promotion association executive director unit, it was invited to enter into big data center of the  west  Jiangxi  province .


    Meanwhile, Helmsman was approved to obtain CDN Business Licence of the Ministry of Industry and Information Technology of China. Helmsman system obtained State Certification of Copyright Registration Certificate. And in many Filecoin test network competitions, Helmsman had achieved better results. As a result, it was invited to become a member  "White Hat" of Filecoin cyber security. It was the second team that was officially invited to participate in phase 2 trusted settings in the world.

    It can be seen that Helmsman has very bright performance in the technical strength, market strength, government resources and industry integration ability.  However, the value is captured and the strength is displayed in a slow way. In Filecoin the trillion - dollar market, Helmsman is full of prospect. The $1.4 billion  value of assessment may be just a starting point.


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