Filecoin (@Filecoin): Before FIP-0077, anyone could create new storage providers at almost no cost.
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
- FIL+10Positive
Before FIP-0077, anyone could create new storage providers at almost no cost. This created unnecessary actors in the system. The proposal introduced a small deposit for new registrations to keep the ledger clean and efficient. Explore: https://github.com/filecoin-project/FIPs/blob/master/FIPS/fip-0077.md