update FIL token page to more accurately reflect current usage #2273
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eshon
reviewed
Jun 28, 2024
basics/assets/the-fil-token.md
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| When a user wants to store data on the Filecoin network, they pay in FIL to the storage providers who offer their storage space. The payment is made in advance for a certain amount of time that the data will be stored on the network. The storage providers are then rewarded with FIL for providing their storage space and performing other useful tasks on the network. | ||
| When a user wants to store data on the Filecoin network, they pay in FIL to the storage providers who offer their storage space. The payment is made in advance for a certain amount of time that the data will be stored on the network. | ||
| When a user wants to retrieve their data from the Filecoin network, they can make a payment in FIL to the storage providers who stored the data. This payment incentivizes the storage providers to keep the data available for retrieval at all times. |
updated retrievals
eshon
reviewed
Jun 28, 2024
| ### Network payments | ||
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| When a user wants to store data on the Filecoin network, they pay in FIL to the storage providers who offer their storage space. The payment is made in advance for a certain amount of time that the data will be stored on the network. The storage providers are then rewarded with FIL for providing their storage space and performing other useful tasks on the network. | ||
| When a user wants to store data on the Filecoin network, they pay in FIL to the storage providers who offer their storage space. The payment is made in advance, for a certain amount of time that the data will be stored on the network. |
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payment doesn't go to SP in advance, it's held by the storage market actor, "vesting" together with the age of the sector
this is all in the spec
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The page was a little out of date, and didn't cover all cases.