Filecoin has published draft proposal FIP-0118, outlining a planned overhaul of how rewards are distributed across the network. The proposal would remove the Filecoin Plus verification process and let consensus providers automatically receive full rewards. It also introduces a new role called Service Orchestrators, which would receive part of block rewards to support the sales and service layer aimed at bringing in more paying customers and data. In the draft, on-chain payment volume would replace Fil+ verification as the signal for useful storage. Storage providers would continue to earn rewards through consensus, while a portion of block rewards would be redirected to parties focused on attracting paid demand to the network.
Filecoin has released draft proposal FIP-0118, which would change the network’s reward model, including the removal of the Filecoin Plus verification process.
Under the proposal, consensus providers would automatically receive full rewards. Part of block rewards would also be assigned to a new role called "Service Orchestrators" to fund the sales and service layer designed to bring in more paying customers.
The draft would replace Fil+ verification with on-chain payment volume as the signal for useful storage. Storage providers would continue to earn rewards through consensus, while part of block rewards would go to service parties that attract paying customers and data.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
