Quote from: Vidati on Today at 01:08:37 AM

Is there a benefit to running a node? i have followed all the steps and launched a node but not sure how to generate coins.

More info please.

Hi,

We are currently running a PoA consensus algorithm, which means we have a set of validators that "Seal" blocks. The decision for this choice was that new blockchains like FileFileGo could easily be attacked since there is already a huge amount of processing power out there.

You can "Mine" coins by providing your storage node to people who would like to utilize your storage. This procedure is not exactly mining, but a reward system that allows you to get paid for the data users download from you.

The consensus mechanism for transferring the data from one node to another node and verifying it properly is the main innovation of this project. We proof mathematically that a set of data (bytes) were transferred from one node to another with a little bit of signature generation and cryptography.

I hope my answer helped you understand how the project works. You can always ready the documentation (https://filefilego.com/documentation/docs/) or if you want further clarification feel free to ask here