The Filecoin Testnet Incentives Program - The Space Race, Needs You

Running a testnet incentives program is a critical step ahead launching a mainnet to identify and fix any bugs or critical security issues. Participants are incentivized to evaluate and report any potential attacks, issues, or bugs they may find.

Stress test the network, try to break things, and report any issues you encounter!

The Filecoin Testnet Incentives Program - nicknamed the Filecoin Space Race - is a collaborative competition is intended to stress-test the network, encourage participation all over the world, and help miners get ready to run the world’s biggest decentralized storage network.

In this 3-week competition, miners will compete to onboard as much storage capacity as possible to the network. The top 100 miners globally, as well as the top 50 miners from each continent, will earn Filecoin rewards based on how much storage they and the network achieve during the competition period.

In addition to rewarding competition winners, Filecoin tokens from Space Race are intended to help miners onboard their storage capacity quickly on the Filecoin mainnet, and additional optimizations are in the works to make this an even smoother onboarding process.

In addition to onboarding storage capacity - an important part of validating the Filecoin network works as intended to create a decentralized, efficient, and robust foundation for humanity’s information is testing the actual mining of blocks in the Filecoin blockchain.

Once the main network launches, this will be one of the main ways that miners are rewarded for operating the network.

Therefore, to ensure the testnet incentives competition closely mimics the dynamics of the mainnet, Filecoin has allocated an additional prize of 100K FIL to be split proportionally among the 20 largest block reward winners.

This additional reward pool will abide by the same rules and requirements as the storage race, and have its own leaderboard.

Join the #space-race channel on slack for the latest updates!