Filecoin’s V25 ‘Teep’ Upgrade: Key Enhancements Unveiled

Filecoin has successfully deployed its major network upgrade, Version 25 (‘Teep’), bringing important improvements to the platform. This update simplifies the Filecoin economic model through FIP0100 and introduces a new daily fee structure, providing storage providers more predictable and proportionate incentives. This change is expected to reduce Gas consumption by up to 30%. Moreover, the upgrade incorporates transient storage via EIP-1153 within the FEVM, paving the way for the activation of F3. The Filecoin team will now conduct passive testing of F3 to prepare for its future launch.