Editor's Note: This article comes fromVernacular Blockchain (ID: hellobtc), Author: Five Fireball Leader, reprinted by Odaily with authorization.
Editor's Note: This article comes from
Vernacular Blockchain (ID: hellobtc)
, Author: Five Fireball Leader, reprinted by Odaily with authorization.Bitcoin ETFsThe Filecoin mainnet is finally going live.
After numerous bounces, Filecoin finally announced that the mainnet will be launched on October 15th.Since then, the industry has lost another time-unsolved mystery. The previous big time-unsolved mysteries include: when Polkadot will go online (solved), when the development of Cosmos IBC will be completed (99% of the progress has been made, and it is coming soon) It’s almost there), when will Filecoin go online (just resolved),When will it pass (still waiting), when will Dfinity shirts be distributed (still waiting, the airdrop is here)...
Before June,
When writing the major trends in the second half of the year, we have briefly introduced several representative projects of storage outlets, including Filecoin, AR, Sia, Storj and so on. In this article, through the launch of Filecoin, we will look at the respective positioning of these projects in the storage track from another functional perspective and perspective, and what are the specific differences.secondary title
Filecoin——The most ambitious "out of the circle" project in narrative
About Filecoin,
There is too much information on the Internet
Filecoin is positioned as a leading level decentralized cloud storage project, the incentive layer of the IPFS protocol. (Or "official incentive layer", other projects can also be the incentive layer of IPFS, such as AR)Liquidity miningBecause IPFS targets the HTTP protocol in the Web2 era, FIlecoin, as the "official incentive layer", naturally has the most ambitious vision and is positioned as the storage infrastructure in the Web3 era. Currently, it has a huge volume, abundant funds, and a complete ecosystem. This track belongs to the undisputed leaders.
It is said that there are currently at least 200-300 Filecoin mining machine sellers in China. It is roughly estimated that the total sales of the Filecoin mining machine market in the past few years is expected to exceed 20 billion yuan. It is unknown if you dig, but the water is said to be very deep in this area.
The timing of Filecoin's recent launch is actually very ingenious, even appropriate, because it is currently
Liquidity mining
Days of greatness.
Readers who are familiar with Filecoin know that the mining mechanism of Filecoin is like this - miners who participate in storage mining must lock a certain amount of FIL as collateral when performing mining work.
This mechanism is designed for two main reasons:
2. Increase the cost of launching a 51% attack.
But this also makes the initial launch of Filecoin a very awkward thing. Where does the initial initial mortgage come from? Which came first, the chicken or the egg? Although the recent "Space Race" linearly issued a part of FIL as a reward, which partially solved this problem, everyone is still very worried. Because miners need a lot of collateral in the early stage, they are almost investing in the first half of the year. Looking at the book profit, it was either mortgaged or locked. This in turn will cause the scarcity of coins, and the price of coins will skyrocket. Everyone wants to hold coins HODL, resulting in insufficient circulation in the market.
The recent DeFi liquidity mining can just solve this problem, because mining has begun to be accepted by people, so everyone’s coins are not willing to lie in the wallet and sleep without moving, and they all go out to do liquidity mining. Liquidity is not a problem as long as there are incentives.
Therefore, in the foreseeable next few months, there will definitely be DeFi related to Fil tokens, especially the emergence of liquidity mining or systems, including DEX that can trade FIL, borrowing related to Fil, and FIL liquidity proof LP Token mining projects, etc... In short, around Filcoin, a DeFi system can be quickly built to provide FIL liquidity for the entire market.
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Storj - A Cheaper AWS S3
Storj may be the one that stores the most data among the current projects, almost 20PB.
This is related to his project positioning - it is to be a decentralized Amazon S3, which does similar things to yours, but cheaper than yours.
In addition to Storj currently having the most data, there are also several data that are particularly eye-catching.
One is the number of full nodes, there are 8000+, and the degree of decentralization is very high.
Second, the price is cheap, and the price is only half of Amazon's when the service standard is almost the same as Amazon's S3.
The fourth is that some interesting things have been done in the circle. Some time ago, the data of the full node of ETC was collected, and the data of the full node of NEM was collected in the past few days-you may ask what is the significance of this? You, it reduces the synchronization time of a new full node in ETC from 12 hours to 30 minutes, which is equivalent to making a CDN for full node synchronization.
You think, if one day the full node data of ETH and BTC are also included. (You are now running a new BTC full node. It may take months to synchronize the block data. If Storj handles the data, the synchronization may be completed in a few days or even a few hours.)
Unlike Filecoin, which can only be played in a professional computer room, Storj uses the idle hard disk and bandwidth resources of ordinary household nodes to form a huge decentralized "cloud disk", and combines these idle resources into a cloud that can be used externally. Commercial products that provide storage services, the service is very simple and pure - storage and bandwidth, cheaper and faster...
If you can’t remember all of the above, just remember that Storj is the Uber of cloud storage, and that’s it.
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AR - the only seed stored on the chain
You may be curious, aren’t these storage projects all blockchain projects, why is it said that AR is the only seed of on-chain storage?
That's because, Filecoin, Storj, etc., the data actually exists off-chain.
In other words, although these projects use the blockchain, what is stored on the chain is only the metadata (Metadata) of the off-chain data, which is basically used for retrieval and verification. The actual data is off-chain.
AR is different. The data of AR is directly stored on the blockchain, which also leads to:
1. Once the data is uploaded, it cannot be changed;
2. As long as the AR main network is still there, the data will be stored "permanently".
This is why AR is famous for its "eternal existence". The secret of eternal existence is to go on the chain.
But when most people see the introduction or white paper of AR for the first time, they still feel unreliable. How can users pay once and store it permanently?
This can be achieved mainly due to two points. One is that due to technological progress, the actual cost of storage is decreasing at a rate of 30% per year. In the foreseeable future, this situation can last for a long time. The second is that the essence of user payment is to adopt prepaid The fee model, the fee is not a one-time payment to the miners, but the storage fee is hosted by the system, and then the system slowly releases it to the miners bit by bit according to the mathematical algorithm, which is equivalent to paying the storage fee for the next 200 years in advance.
Due to this special "permanent" design, AR has become the most popular storage project in the circle. Many well-known blockchain projects have cooperated with AR to use it as the storage layer, Uniswap, Makerdao, Compound, SNX, Kyber , YFI, Skale, Solana... are simply storage layers tailored for DeFi (including NFT). Think about it, you pay once and store it for you forever, so you don’t need to worry about data loss, tampering, deletion, etc...
In terms of paradigm, AR is a very subversive paradigm - save data, pay once, and be free for life. It seems simple and rude, and it is not intuitive.
However, if you think about it, the earliest e-mails were only 1M or 2M. Some of them who saw this track and made large-capacity paid personal e-mails almost all failed without exception.
Why, now Google mail is 1 G, and it is free, and it claims to never delete emails.
So some people say that maybe in the near future, the default option for storage is forever!
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Dfinity - only memory without hard disk storage
You must be wondering, Dfinity? Isn’t this a decentralized computing project? The airdrop that has been delayed for two years has finally been sent out. The mainnet is almost at the end of the year. How is it related to storage?
Dfinity is a very different blockchain project, or rather, it cannot be regarded as a pure blockchain project.
In the entire Web3 landscape, Dfinity focuses on the big front end.
A bit like Filecoin, Dfinity's nodes are not run by ordinary people. You need a professional machine + a professional computer room, preferably at the level of a data center.
Looking at the node machines of Dfinity, friends who are familiar with IT will definitely exclaim, what about the hard disk? Also how so much memory? ! Feel it yourself.
That's right, all Dfinity uses is memory. Although memory is much more expensive than hard disks, compared to the complexity and redundancy of processing storage later, by simplifying the entire technology stack, the cost savings completely cover the hardware cost of memory. .
