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It’s worth looking forward to ~ filecoin gas will be greatly reduced!

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Not long ago, jennijuju – plfd, an official of filecoin, wrote on the slack channel that the network hyperdrive is coming. Please look forward to it.

HyperDrive It refers to the upcoming filecoin network upgrade, also known as actors V5 plan, which aims to achieve faster network growth and more data storage by reducing gas.

Filecoin network is about to upgrade – actors V5

On the GitHub of the filecoin project, we can see the upcoming actors V5 plan.

What’s in V5?

According to the official introduction to V5 by filecoin:

V5 includes necessary consensus breaking upgrades and test improvements, optional consensus breaking upgrades, and optional non-destructive improvements for specification participants.

What does it mean to break the consensus?

Breaking the consensus means breaking the original consensus. We can easily understand that compared with today’s filecoin network, this network upgrade is significant and even subversive.

Where are the major improvements?

This V5 will really implement four FIP proposals, fip-13, fip-12 and fip-11 、 Fip-8 and fip-13 can reduce gas fundamentally

gas

Fip-13 proposal: Fip-13 suggests adding the bulk submit provecommitsector method to reduce the number of messages on the chain.

FIP proposals

Fip-8 proposal: Fip-8 proposes to add a new method, precommitsectorbatch, which supports miners to forward multiple sectors at a time.

Fip-8

Fip-12 proposal: The fip-0012 proposal proposes to change the way that datacap manages client addresses in filecoin plus.

filecoin plus

Fip-11 proposal: The fip-11 proposal proposes and specifies to cancel the auction mechanism and provide all rewards immediately.

fip-11

1411 topic: fix unnecessary sector termination failures

Why can fip-8 and fip-13 reduce gas?

In the filecoin network, miners need to go through four stages of “P1, P2 (precommit), C1, C2 (provecommit)” to encapsulate data, link up and obtain block rewards. Most of the gas consumption is concentrated in P2 and C2.

P1 stage does not link, does not consume gas;

In P2 stage, a large amount of gas is consumed;

In C1 stage, there is no chain and gas consumption;

In C2 stage, a lot of gas is consumed.

gas consumption

On the blockchain browser, we can also see that P2 and C2 occupy the “big head” of gas, and the combined gas consumption of the two accounts for about 95%.

Therefore, reducing the gas consumption of P2 and C2 is to reduce the gas consumption of filecoin network.

Fip-8 and fip-13 reduce gas by batch submitting sectors

Let’s start with P2.

Now a miner can only submit one sector at a time. If a miner’s daily added computing power is 1pib, if he uses a 32gib sector, he needs to submit 32768 sectors, that is, 32768 messages; If you are using 64gib sectors, you need to submit 16384 sectors.

When the fip-8 proposal is implemented, it will support batch sector pre submission by adding precommitsectorbatch.

Batch pre submit sectors means that it can greatly reduce the number of sectors submitted, reduce the network congestion rate, and then reduce the gas fee.

For example, if 1tib sectors can be submitted in batches, the miners only need to submit 1024 messages for adding 1pib computing power;

If 100 TiB sectors can be submitted in batches, the miner only needs to submit 10 messages when adding 1pib computing power.

Therefore, the implementation of fip-8 proposal can greatly reduce the gas cost of P2 phase.

Similarly, C2 has the same logic.

The fip-13 proposal adds a method for miners to submit multiple sectors in a single submission to prove the submission message, which means that sectors in C2 phase can also be submitted in batches.

Therefore, the gas of C2 stage can also be greatly reduced.

To sum up, after the V5 version is upgraded, the gas of P2 + C2 will be greatly reduced, that is, the gas of filecoin network will be greatly reduced.

Related Q & A of V5 upgrade

Q: When is the V5 version expected to be upgraded?

A: At present, there is no definite upgrade time and block height, and the official tentative upgrade is in mid June.

Q: What is the upgrade time? What factors will affect the upgrade schedule?

A: The specific upgrade time depends on the official development progress of filecoin. Currently, the fip-12, fip-11 and fip-8 proposals have been developed, the fip-13 proposal is being actively developed, and the 1411issue is being gradually solved. After all the proposals have been developed and passed the test, the V5 version will be released.

We expect the release of V5 in June to be a high probability event. Q: How many sectors, 10, 100, or 1000, should be submitted in batch?

A: There is no exact number of sectors submitted in bulk. However, according to the current content of the official personnel of filecoin on the issue, it is estimated that 200-400 sector data will be submitted in batch. The impact and significance of V5 upgrade

There is no doubt that the upgrade of filecoin network can reduce the gas of P2 and C2 stages through the implementation of fip-8 and fip-13, thus reducing the gas of the whole network.

When gas can be reduced, it means that the cost of increasing computing power can be reduced.

When the cost of miners getting block rewards is reduced, it is expected to attract more miners, ecological developers and real data storage customers to join the filecoin network, and then continuously promote the development and prosperity of the network.

When the attention and activity of filecoin network become higher and higher, the value of filecoin network will become higher and higher, and the value of fil will become greater and greater!

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