Filecoin (FIL)

by | Aug 18, 2021

About Filecoin

Filecoin is a decentralized, open-source cloud storage system. It aims to solve resiliency and efficacy issues that challenge the web’s biggest centralized cloud storage providers, while allowing users to have greater access and control over their data. By relying on a network of operators instead of a single central server, Filecoin’s cloud storage is by its nature more resistant to censorship and denial of service attacks. Users can earn FIL, Filecoin’s native token, by mining (either “storage mining” or “retrieval mining”) and by storing data on the protocol.

Learn more about Filecoin

Subscribe for the Latest Updates

Related Articles

Crypto Taxes: How Does Donating Bitcoin Affect My Taxes? For the last few years, the tax treatment of cryptocurrencies like Bitcoin in the United States was based on one document.
Why Donate Bitcoin When you donate Bitcoin and other crypto, you generally owe no capital gains tax. In other words, donating crypto is better for your balance sheet.

Featured Articles

Related articles

RESOURCES - Tax Help | The Giving Block Tax Help July 24, 2021 Posted in: Donations & Taxes, Donors, Taxes We work with the leaders in crypto taxes to help our major donors give in a way that works best for them and our charities. Read more
List of Nonprofits Accepting Crypto Donations | The Giving Block List of Nonprofits Accepting Bitcoin & Crypto Donations July 20, 2021 Posted in: Donors, Nonprofits A comprehensive list of nonprofits and charities accepting crypto donations. Read more
RESOURCES -DonateOtherCryptos | The Giving Block Donate Other Cryptos November 8, 2021 Posted in: Crypto Types, Cryptocurrency, Donors We are able to process some donations of cryptocurrencies that aren't listed in The Giving Block's donation widget. Please read this information and/or contact us to verify. Read more