Filecoin Launch! What is the hype about?

Filecoin was one of the most anticipated token sales in 2017, and their ICO raised $257 Million. Today they launched their mainnet. Quick bytes: 0:08 The G20, comprising countries across every continent, announced it’s working with the IMF, the World Bank, and the Bank for International Settlements to formalize the use of central bank digital currencies. 1:00 Block.one released “EOS-IO for Business.” The idea is that Private databases will be replaced by high performance private blockchains. 1:23 Ownership of Electric Coin Company, the developer of zcash, is being transferred to a US non-profit. Minezcash told me: “As a 501c non-profit ECC will have greater transparency and accountability requirements. Now all development funds from block rewards will be going to non-profit organizations.” 2:18 Today Filecoin launched their mainnet. Filecoin is a decentralized data storage and distribution network that will potentially compete with storage giants like AWS, dropbox, and content delivery networks like Cloudflare. Erik Voorhess says: “this is easily one of the most professionally built, carefully-executed, and *valuable* projects that has emerged from the ICO era.” I chatted to Coindesk senior reporter, Brady Dale, about how it works. If you would like to send me a message and support my channel, visit https://cointr.ee/naomibrockwell Sign up for the free cryptobeat newsletter here: https://Naomibrockwell.com/cryptobeat Sign up for the members-only newsletter here and get access to exclusive content by becoming a member of NBTV! https://Naomibrockwell.com/memberships Here are a bunch of products I like and use. Using these links helps support the channel and future videos! Recommended Books: Permanent Record - Edward Snowden https://amzn.to/305negc What has the government done to our money - Rothbard https://amzn.to/2KMzmcu Naomi's Privacy Bag: some of my favorite products to help protect your privacy! Use the Brave browser! https://brave.com/nao076 USB-C to ethernet adapter: https://amzn.to/2lOVBoy Lightening to ethernet adapter: https://amzn.to/2nWyNns Faraday bag wallet (signal stopping, to protect your fob, credit card, and phone) https://amzn.to/2SUkPhu Data Blocker (if you're charging your phone in an unknown port, use this so that no data is transferred) https://amzn.to/2SVh0J2 Computer privacy screen (use your computer in public? Keep your information safe!) https://amzn.to/2SXYHmf Phone privacy screen (don't let people in public see your private data) https://amzn.to/2YyJMnH Camera cover (for computers and phones, so no one can access your camera without you knowing) https://amzn.to/2Mt7Hic Privacy Tip: Don't use wifi, and if you must, append the tag ‘_nomap’ or ‘_optout’ to your SSID to stop other websites tracking your location.