Filecoin (FIL) Network Upgrade NV23 ‘Waffle’ to Enhance Performance and Integration

Filecoin
(FIL)
is
set
to
roll
out
its
latest
network
upgrade,
NV23,
codenamed ‘Waffle,’
on
August
6,
2024.
This
upgrade
aims
to
enhance
the
network’s
performance
and
broaden
its
integration
with
the
broader
blockchain
ecosystem,
according
to

Filecoin.

Key
Features
of
NV23

The
NV23
upgrade
introduces
several
significant
Filecoin
Improvement
Proposals
(FIPs):

Soft
Launch
of
Fast
Finality
(F3)
–
FIP-00086:
This
proposal
enables
passive
F3
testing
on
the
mainnet,
setting
the
stage
for
fast
finality
in
future
upgrades,
with
a
potential
full
rollout
in
NV24.
Support
for
Legacy
Ethereum
Transactions
–
FIP-0091:
Adds
support
for
Homestead
and
EIP-155
Ethereum
transactions,
enhancing
compatibility
with
Ethereum
tools
and
wallets,
easing
onboarding
for
Ethereum
users,
and
improving
interoperability
with
the
Ethereum
ecosystem.
Non-Interactive
Proof
of
Replication
(NI-PoRep)
–
FIP-0092:
Introduces
a
significant
change
to
the
sector
sealing
process
by
separating
sealing
from
storage
tasks,
allowing
independent
execution.
This
enables
early
sealing
in
regions
with
lower
energy
costs
and
gives
storage
providers
control
over
scheduling
their
sectors
for
window
post
deadlines.

Enhanced
Performance:
NI-PoRep
makes
adding
storage
easier
and
more
cost-effective,
potentially
accelerating
network
growth.
Broader
Ecosystem
Integration:
Support
for
legacy
Ethereum
transactions
opens
new
cross-chain
application
possibilities.
Faster,
More
Efficient
Network:
The
soft
launch
of
F3
marks
the
first
step
toward
significantly
reducing
transaction
confirmation
times.

As
the
launch
date
for
NV23
approaches,
the
Filecoin
community
can
look
forward
to
improved
capabilities,
efficiency,
and
integration
with
the
broader
blockchain
ecosystem.

Collaboration
Announcements

Filecoin
has
also
announced
several
key
collaborations
aimed
at
transforming
AI
data
storage
and
advancing
decentralized
AI
technology:

Filecoin
and

SingularityNET
Collaborate
to
Transform
AI
Data
Storage

Filecoin
is
collaborating
with
SingularityNET
to
revolutionize
AI
data
storage
by
ensuring
secure
and
verifiable
model
training.
This
partnership
aims
to
promote
ethical
AI
practices
and
reinforce
Filecoin’s
role
as
a
foundational
pillar
for
decentralized
AI
infrastructure.
More
details
can
be
found
in
this

CoinTelegraph
feature.

Leading
AI
Projects
Choose
Filecoin
as
DePIN
Backbone

At
FIL
Brussels,
alongside
EthCC,
the
Filecoin
Foundation
announced
strategic
collaborations
with
leading
AI
organizations
including
SingularityNET,
Theoriq,
Bagel,
and
Nuklai.
These
collaborations
underscore
Filecoin’s
pivotal
role
as
the
decentralized
infrastructure
(DePIN)
backbone
for
AI
advancements.
Read
more
on
the

FF
blog.

Nuklai
and
Filecoin
Foundation
Join
Forces
to
Archive
Global
Data

Nuklai
and
the
Filecoin
Foundation
are
collaborating
to
archive
the
world’s
data,
leveraging
Filecoin’s
decentralized
storage
network
to
create
a
robust
and
secure
solution
for
long-term
data
preservation.
More
details
are
available
on
the

Nuklai
blog.

DeStor
Launches
Decentralized
Storage
Marketplace

DeStor
has
announced
the
launch
of
DeStor.com,
a
decentralized
storage
marketplace
offering
secure,
scalable,
and
cost-effective
data
management
solutions
for
enterprises.
The
partnership
with
Intuizi,
a
leader
in
geospatial
computing,
demonstrates
how
DeStor
is
accelerating
the
adoption
of
decentralized
technologies
for
enterprise
buyers.

Read
the
full
announcement.

FILLiquid’s
Mainnet
is
Live

FILLiquid
has
launched
its
innovative
service
for
FIL
token
holders,
providing
the
benefits
of
earning
rewards
without
sacrificing

liquidity.
Users
can
earn
returns
on
their
FIL
tokens
while
still
having
the
flexibility
to
use
them
in
other
DeFi
activities.
Stay
updated
on
the
latest
developments
by
visiting
their

Twitter.

European
Orbit
Community
Meetups

Ambassadors
from
the
Filecoin
Orbit
Community
Program
and
the
Filecoin
Foundation
recently
hosted
events
across
six
cities:
Barcelona,
Madrid,
Warsaw,
Lisbon,
Katowice,
and
Munich.
These
events
included
engagement
with
local
Web3
communities,
insightful
talks
showcasing
the
depth
of
the
Filecoin
ecosystem,
and
participation
by
both
new
and
experienced
community
members.
Read
more
about
the
tour
on
the

FF
blog.

DSA
Releases
New
Reference
Architecture
for
Filecoin

The
Decentralized
Storage
Alliance
(DSA)
has
released
a
new
storage
reference
architecture
for
the
Filecoin
network,
utilizing
Seagate’s
Exos
CORVAULT
technology
and
OpenZFS.
This
architecture
aims
to
reduce
compute
infrastructure
requirements,
improve
economic
viability
for
onboarding
commercial-grade
storage
loads,
and
increase
network
resiliency.
Learn
more
on
the

DSA’s
blog
post.

Introducing
NFT.Storage
On-Chain
Endowment

NFT.Storage
has
launched
its
new
flagship
product
for
long-term
NFT
preservation:
the
NFT.Storage
On-Chain
Endowment.
Built
on
the
robust
Filecoin
EVM,
this
solution
ensures
the
enduring
preservation
of
NFT
data.
Discover
more
about
this
innovative
product
on
their

Twitter.

Events

Filecoin
Ecosystem
Roundup:
June
2024
Highlights

Explore
the
June
2024
Filecoin
Ecosystem
Roundup
to
stay
informed
about
the
latest
breakthroughs
and
innovations
within
the
Filecoin
community.
Hosted
by
Emily
Vaughan,
this
session
features
updates
from
various
ecosystem
projects
and
a
glimpse
into
forthcoming
events.

Watch
the
full
recording.

Image
source:
Shutterstock

Filecoin (FIL) Network Upgrade NV23 ‘Waffle’ to Enhance Performance and Integration

Key Features of NV23

Impact on the Filecoin Network

Collaboration Announcements

Filecoin and SingularityNET Collaborate to Transform AI Data Storage

Leading AI Projects Choose Filecoin as DePIN Backbone

Nuklai and Filecoin Foundation Join Forces to Archive Global Data

DeStor Launches Decentralized Storage Marketplace

FILLiquid’s Mainnet is Live

European Orbit Community Meetups

DSA Releases New Reference Architecture for Filecoin

Introducing NFT.Storage On-Chain Endowment