Crypto.com Announce Support for Filecoin Mainnet Upgrade

Filecoin  announce that the Filecoin v13 ‘HyperDrive’ Network upgrade  coming in just a few weeks will unlock a 10-25x increase in storage onboarding rate due to innovations in Filecoin Proofs system. In this connection, the world’s number cryptocurrency exchange Crypto.com announced its support for the upcoming mainnet upgrade of Filecoin. The Filecoin mainnet will be upgraded at epoch 892800, on 30th June 2021, at 22:00 UTC.

To ensure the safety of users’ funds during and after the upgrade, FIL deposits/withdrawals in both the Crypto.com App and Crypto.com Exchange will be suspended starting from 30 June 2021, 16:00 UTC while $FIL trading will not be affected.

Filecoin is a useful storage network, and its mission is to create a decentralized, efficient, robust foundation for humanity’s information – requires growing storage capacity exponentially to keep up with global data growth. Instead of a wasted proof-of-work blockchain.  Filecoin’s Proofs of Storage, which includes Proofs of Replication and SpaceTime, are focused on making the mining process useful to the world by amassing a massive decentralized data center to store humanity’s data.

ABOUT FILECOIN
Filecoin is an open-source cloud storage marketplace, protocol, and cryptocurrency

ABOUT Crypto.com
Crypto.com is a cryptocurrency and payment platform. Its main aim is to promote the widespread adoption of cryptocurrencies.

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