In a long-awaited exclusive interview with IPFSMain’s very own Chief Technology Officer, Changsheng Li, find out how IPFSMain was able to seize the Space Race victory as the leading storage leader with a registered team of only 2 miners.
In a long-awaited exclusive interview with IPFSMain’s very own Chief Technology Officer, Changsheng Li, find out how
IPFSMain was able to seize the Space Race victory as the leading storage leader with a registered team of only 2 miners.
1.) Can we get a quick introduction about the IPFSMain Team, and hear about what inspired your team to enter the Filecoin Space Race?
A: Of course! So first and foremost, IPFSMain is a IPFS ecosystem builder and we are commited to providing users with the most cost-efficient and effective storage mining solutions. Our team is primarily composed of senior blockchain and storage developers. Before joining IPFSMain, we all used to work for major tech giants, storage companies, streaming companies and more, however our passion for Filecoin technology brought us all together and has since helped us grab the Space Race championship.
2.) You've contributed over 21 petabytes of useful storage-which is more than any other competing miner in the competition-to the largest decentralized storage platform that ever existed. How did you grab that #1 ranking, and what do you think sets you apart from the rest of the competition?
A: It honestly comes down to our immense love and passion for this technology! We were incredibly excited to make our contribution to the Filecoin ecosystem, and we saw the promotion of the network as our own responsibility. There's definitely been a lot of uncertainty and obstacles in terms of the project's development, but even in those uncertain times, we've made an effort to commit to the future and that's ultimately what I would say is the underlying reason behind our victory.
3.) As a registered team of only 2 miners, it’s very easy to feel overwhelmed by the huge size of the network. How did you ensure that you could stay ahead of the competition, and what strategies did you employ going into the race?
A: During the Space Race, multiple miners can guard each other at the same time. Our specific technology allows us to run very large miners, but as evident in the competition, different teams and players can choose very different strategies. While some chose to run a large number of small miners, others chose to focus all their time and energy into running a single miner. Near the end, we chose to adopt more of an intermediate approach which definitely helped us as just a registered team of 2 miners.
4.) You’ve held an extraordinarily high storage deal success rate at 99%, and an even higher retrieval deal success rate at 100%. How did you balance increasing storage power AND maintaining deal success rates?
A: Increasing storage capacity and transaction success rates don’t conflict, and as the leading storage and hardware provider within the Filecoin ecosystem, we have a plethora of different solutions we can use to ensure network connectivity and high reliability. Needless to say, despite our number one ranking, we definitely could have further improved our performance.
5.) For a period of time, you were essentially head to head with the current second place, 6Block. What changes do you think helped you grab that first place title?
A: Continuously learning from our competitors throughout the Space Race undoubtedly played a huge role in our victory. Our values have guided our development and progress from the very beginning, and as such, we are very big believers of humility and modesty. We understand that every opponent and competitor is worth learning and hearing from which is why we were so excited to see the hundreds of teams and corporations participating in the Space Race!
6.) Now, onto the technical questions! What mining hardware did you use?
A: Great question! We are constantly upgrading and improving our hardware specs as the Filecoin project continues to develop and revamp their algorithms. As of now, all we can really say is that we are closely following and keeping up with the growth and evolution of the Filecoin network, but stay tuned for more information!
7.) What does your setup look like, and how has it changed throughout these three weeks?
A: It’s definitely changed! During the course of this 3-week time frame we have continuously adjusted and experimented with various different mining settings, so it's safe to say that our set up has certainly changed. For us, the Space Race wasn’t only a testnet of the entire Filecoin network, but also a preliminary assessment of how IPFSMain as a mining entity would hold up against the network, so we’ve made a lot of adjustments throughout the race to experiment and test ways to increase our profits.
8.) The Space Race is essentially just one gigantic battlefield, where miners are being inundated with daily network updates, DDOS’s, and dealbot tests EVERY hour! What was the hardest or most challenging part about trying to stay on top of all the rapid network upgrades?
A: Yes, certainly one of the most challenging parts about the Space Race was the countless official network updates and upgrades that would come after we had already profoundly revised our mining process. It was incredibly challenging having to consistently maintain precise operations over the large volume of onboarded storage we had already mined for--on top of the countless sporadic changes.
9.) In order to stress test the network and evaluate how the network collectively responds to failures and upgrades, the Space Race essentially bombarded miners with a barrage of small chain upgrades, fast chain upgrades, simulated drand outages, and more. How did you deal with these emergencies and problems so quickly and efficiently?
A: It was definitely difficult, but our team spent a large majority of time brainstorming and running through scenarios and solutions in our head. By essentially solving problems in our minds before any problems even arrived, we were able to maximize our efficiency and tackle these outages and upgrades with complete clarity.
10.) Some miners have reported losing a tremendous amount of storage power, or running into problems attributed to Lotus issues and bot issues at some point. Have you encountered any similar bumps along the way?
A: Yes, we’ve encountered our fair share of Lotus and Bot issues but fortunately we were able to solve them without these issues taking too much of a toll on our success rate.
11.) If you had a chance to time travel back to the first day of the Space Race, what would you change and what do you wish the Space Race could have done or improved differently?
A: I wish that we had a chance to further promote the event so that more and more people would be able to participate!
12.) Before going into the Space Race, did you think it was going to be such an immense success, and that we would be able to hit the 200 PiB milestone?
A: While we weren’t sure exactly how much PiB the Space Race would onboard, we have always fully believed in its potential. Evidently this belief still holds true considering the magnitude of success the Space Race has reached.
13.) Given your immense success with Space Race 1, what advice would you give to other miners who are looking forward to taking that number one spot in Space Race 2?
A: The primary focus of Space Race 2 is the application, and so I would highly suggest focusing on the user experience.
14.) Finally, what’s next for IPFSMain?
A: As of now, given the recent Mainnet Launch, we’re wholly focused on further advancing the development of the Filecoin ecosystem with actual computing power, funds, and research and development. We believe that we can definitely do more, and the immense success of the Space Race has given us further validation into the endless capacity and potential of the Filecoin network.