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What is FIL? What does FIL mean?

FIL stands for "Filecoin", a cryptocurrency used to pay for storage space, reward miners, and facilitate network governance on the Filecoin blockchain.

Oct 15, 2024 at 02:12 am

1. What is FIL?

FIL stands for "Filecoin".

2. What does FIL mean?

FIL is the native cryptocurrency of the Filecoin blockchain network. It is used to:

  • Pay for storage space on the network
  • Reward miners for providing storage space
  • Participate in network governance

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