More safe, stable, effective, environmentally friendly
distributed network storage system

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What is BitcoinFile

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BitcoinFile(BIFI) is a point-to-point distributed file system based on blockchain technology and it aims to create a global decentralized file system combined with IPFS file system and bitcoin settlement network. The combined technology makes it more environmentally friend for the world, more fair and more rewarding for miners, more reliable and easier-to-use for users. It perfectly solves the problem of low stability in IPFS networks due to the inability of contributors to earn sufficient returns and the uselessness of power consumption in the process of bitcoin mining.

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BitcoinFile provides two kinds of mining methods. One is the strict POC (Proof of Capacity) method based on disk space, all BitcoinFile rewards blocks are mined by this method. The other one is integrated BitconFile network into IPFS, all resource sharers (miners) can mine by sharing their own disk space and network bandwidth. The amount of BitcoinFile earned depends on how much disk space and network bandwidth it shares, and only the disk space and network bandwidth actually used by the users will be calculated as proof of work, thus improving the overall network performance and efficiency.

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BitcoinFile is a fully self-monitored decentralized community. Resource-sharers (miners) and users are the community participants. About 17 billion of BitcoinFiles will be air dropped to the current holders of Bitcoins, and another 3 billion will be distributed to each resource sharer (miners) on a POC basis according to the community design rules. Network users have to pay BiFi when using BitcoinFile's network. The BitcoinFile foundation will mine 1.05 billion BiFi in advance, of which 0.7 billion will be used for marketing and ecological construction and the other 0.35 billion will be used for team incentives. The part used for team incentives will be locked for 4 years, unlocking 20% ​​each year.

Our Advantage

Stable

A more reliable and stable protocol for IPFS file systems, significantly reduce the instability of distributed file systems through effective returns to resource contributors which stimulates contributors to offer sustained and steady resources based on enhanced access protocol.

Green

Compared with POW mining, BitcoinFile's POC mining mechanism can save a lot of energy consumption. Meanwhile BitcoinFile's IPFS mining mechanism is based entirely on the actual contribution to community which avoids invalid power consumption in BTC mining.

Fair

A more fairer decentralized mining mechanism, BitcoinFile's IPFS mining mechanism calculates solely based on miner's altruism (contributing disk space and network bandwidth to others), dramatically increasing the difficulty and cost of deploying traditional mining clusters.

Intelligence

Huge block size and smart contracts to address the current state of Bittcoin network congestion, anyone can easily create file-based assets on the BitcoinFile blockchain, file based transactions, and any applications needs large size file.

Ecology

A better hardware ecology, the BitcoinFile Community has reached a strategic alliance with several hardware vendors to achieve greater robustness, security and availability of the entire blockchain network by pre-deploying BitcoinFile to partner’s hardware.

Features

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Total distribution: 21 billion
All holders of Bitcoin will receive an airdrop of BitcoinFile at a 1:1,000 ratio
The remaining BiFi will be distributed to community participants who contribute resources through POC mechanisms
The BitcoinFile foundation will mine 1.05 billion BiFi in advance, of which 0.7 billion will be used for marketing and ecological construction
BitcoinFile can be used to trade file assets, disk space and bandwidth traffic..

Roadmap

Exchanges

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Wallet

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Hardware manufacturer support

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Q&A

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What is BitcoinFile?

BitcoinFile is a point-to-point distributed file system based on blockchain technology and it aims to create a global decentralized file system combined with IPFS file system and bitcoin settlement network. The combined technology makes it more environmentally friendly for the world, more fairer and more rewarding for miners, more reliable and easier-to-use for users.

What is the total amount of BitcoinFile?

21 billion. The BitcoinFile foundation will mine 1.05 billion BiFi in advance, of which 0.7 billion will be used for marketing and ecological construction.

Why we need BitcoinFile?

BitcoinFile's mining process is fairer, more energy-efficient and environmentally-friendly, and actually creates value for our community. Miners with disk space and bandwidth can enjoy the benefits of mining more equitably. User with need for file storage and exchange can use BIFI to perches file assets as well as disk space and bandwidth shared by other users. The entire transaction process can be completed in the BitcoinFile blockchain by smart contracts

What is the purpose of bitcoinFile?
Create a decentralized and stable global content network that supports billions of users in the future

What are the advantages of BIFI compared to other fork currencies?
BitcoinFile is not the same as Bitcoin and other fork currencies, it is not only means of payment or value storage, but a new network protocol system that combines a decentralized global content network with its own being. It has created new values and practical significance for this world.

What is Enhanced Access Protocol?

The benefits of IPFS are undisputed as a decentralized distributed storage and sharing system. But pure decentralization also results in a range of performance and accessibility issues such as handling over popular as well as  over unpopular files and how to effectively allocate the entire disk space and bandwidth over the network. Enhanced Access Protocol creatively add the Strategic Node role in the network which responsible for ranking resources of the entire network and dynamically configure usage strategies of allocating free disk space and available bandwidth base on the real-time ranking data. So the entire network has a better accessibility and stability especially in extreme cases.