FileStar (STAR)

FileStar (STAR) is a Web 3.0 decentralized network infrastructure focusing on storage, verifiable computation, and measurable bandwidth. Founded in 2020 by the Minsk team, FileStar has an active developer community that contributes to its expanding code base. The project optimizes computing, bandwidth, and storage resources to become the physical world infrastructure for Web 3.0. FileStar evolved from distributed storage to a distributed Internet incentive layer through technological innovations and refined economic and governance models.

Mining and Token Distribution:
FileStar lowers the barriers to mining by eliminating the need for initial pledge collateral and AMD CPUs with SHA256 extensions, encouraging broader participation. The token distribution model is designed to be fair, with no pre-mining or fundraising. Most tokens are generated through mining, ensuring long-term incentives for ecosystem participants. The project emphasizes scalability, enhancing message processing capabilities and transactions per second (TPS). Mining software is optimized to improve efficiency, allowing users to access stored data quickly.

Community-Led Governance:
FileStar operates on a community-driven economic model and governance system. It has no pre-mine or fundraising and incentivizes long-term contributions. Decentralized governance allows any community member to submit protocol changes. Developers, miners, and clients vote on the project’s development path, fostering a transparent and inclusive ecosystem.

Technological Innovations:
FileStar incorporates multiple advancements, including new hash algorithms, recursive zk-SNARK technology, and a random check mechanism. The project’s roadmap outlines ongoing and future developments to enhance the network’s capabilities.