What Makes Filecoin's Incentive Mechanism Unique?

Filecoin network has a unique economic design that aligns incentives among participants and rewards Filecoin miners for effective storage work. A key component of Filecoin's economy is the block reward, which incentivizes storage miners to provide reliable and effective storage capacity and maintain Filecoin blockchain security. Most public blockchains reward block production miners by rewarding them for successfully mining a new block on the chain. Filecoin is no exception in this regard.