After securing millions of dollars through the ICO in 2017, the housing decentralized data platform Filecoin is now aiming to launch its backbone network.
Filecoin will move to its blockchain in stages, not all at once, according to a blog on September 27th.
where the post said, according to Coin Telegraph: The launch of a blockchain is an involved and lengthy process ... like many other networks (including Bulcadot, Nir and others), are taking Filecoin takes a phased approach to launching the backbone network, with different groups and communities on board on the network over a period of time, leading to the Liftoff Main Network.
Currently, Filecoin is heading to its initial stage, known as the main network Ignation, where it clarifies the planned and divergent process mainly as a way for the project and the parties involved in it to connect all of their ducks Consecutively before moving to the new network.
Filecoin expected the launch date of the main network on October 15th, indicating technical monitoring in the following days, confirming that everything is going smoothly. The project will then host several commemorative events between October 19 and 23, 2020.
Filecoin had raised $ 257 million during an initial coin offering in 2017, and subsequently suffered from a number of delays in its development and progression. In February 2020, the project released a schedule indicating when the main network will be launched for the third quarter.
