Recently, the hottest project in the entire market is Filecoin (FIL).
Driven by FIL, the distributed storage sector exploded collectively. Conceptual currencies such as BTT, CVT, SC, STORJ, and AR have set new highs in history, becoming the most eye-catching scenery under the turbulent market, attracting many off-site aunts to enter. At the same time that the currency price has risen sharply, more and more people have begun to notice the importance of distributed storage for Web3.0.
Prior to the advent of this trend, the first POC laboratory in the United States, POCLAB, was officially announced on March 2, with a total initial funding of US$9.7653 million, and was filed by the US STO, which means the world’s first compliant POC laboratory born.
POCLAB is committed to promoting the development and construction of global distributed storage
POCLAB was established in response to the general trend of blockchain and distributed storage. Its vision is to create and incubate a truly valuable distributed storage infrastructure for the storage of real data, and then build an open distributed storage network belonging to the public . As a pioneer in the construction of the next-generation Internet Web3.0, the POC laboratory will bring reform and innovation space to the Internet infrastructure and business model, and open up new storage application markets.
The business model of using storage as a service has a long history. Amazon started to launch Amazon Web Services (AWS) in 2006, renting its own servers and storage space to users, reducing the overhead for developers to create and manage server infrastructure.
As time evolves, the traditional cloud storage service has been continuously improving its functions and becoming more affordable to the people. However, it has fallen into a bottleneck in recent years, that is, they cannot solve the problems of frequent data leakage, service limitations, and operator outage risks. Therefore, if you want to fundamentally solve the shortcomings of the traditional storage business model, distributed storage must be the future development trend, and it is also the infrastructure of Web3.0.
Distributed/decentralized storage network (Decentralized Storage Network, DSN) is a storage business model that uses distributed storage technology to store files or file sets in pieces on the storage space provided by the supplier.
As the world’s first compliant POC laboratory with sufficient funds, POCLAB plans to start research and participate in the global distributed storage network, and is committed to promoting the development and construction of global distributed network storage.
Relying on the initial funding, POCLAB will vigorously deploy POC mining machines and participate in the network construction of various distributed storage projects.
POCLAB Announces the List of Participants in the First Batch of Plans
Currently, POCLAB has completed the US STO filing, and everything is ready for POC mining machines. The first batch of planned participation includes FIL, AR, STORJ, GHD, MASS and other world-renowned projects. The following is the brief introduction of the first batch of projects:
Filecoin is a decentralized distributed storage network and the only incentive layer for IPFS. Filecoin uses the blockchain pass system to issue Token, which is referred to as FIL.
Filecoin builds a decentralized storage trading market for cloud storage based on the IPFS protocol, including two markets for “storage” and “retrieval”. This market runs on a blockchain with a local protocol token (FIL). Miners can obtain FIL by providing storage for customers; similarly, customers can spend FIL to hire miners to store or distribute data.
Arweave is a new type of blockchain storage platform designed to overcome the scalability, data availability, and cost issues that exist in blockchain data storage. This is also the difference between Arweave and most blockchain storage solutions. Arweave aims to be the “browsable home network of the Internet”. Arweave uses its native currency Arweave (AR) as an internal medium of exchange. Its value comes from the utility within the network, including submitting information to the Arweave blockchain, rewarding miners for maintaining and protecting the network, and curbing the spread of spam.
Storj is a cloud storage platform that is committed to being censor-free, monitoring-free, and non-stop. The Storj platform allows users to store data in a secure and decentralized manner through encryption and a series of decentralized applications. It uses block transaction functions such as transaction ledger, public/private key encryption, and cryptographic hash functions to achieve security. In addition, compared with traditional cloud storage services, it will be cheaper, faster, and more secure.
GOLD HD is a decentralized capacity storage network that turns distributed storage into an algorithmic market. This market runs on a blockchain with a local protocol pass “GHD”. In the blockchain, miners can obtain GHD by providing customers with capacity storage. GOLD HD aims to bring a simpler and more convenient mining experience for global digital currency enthusiasts, investors, and ordinary users, and grasp the opportunities brought to us by the digital currency era.
MASS is an open source PoC (Proof of Capacity) consensus algorithm proposed by top computer scientists at the Massachusetts Institute of Technology (MIT). It is the second-generation consensus technology after the Bitcoin PoW consensus. It successfully solves the problem of high energy consumption in Bitcoin. It can provide underlying consensus support for any blockchain. Its technological innovation is that each user only needs to contribute a small amount of space to participate in the storage and verification of blockchain data. Based on MASS, millions of spaces all over the world will be connected into a super consensus machine, escorting the blockchain in the form of public services.
The MASS blockchain system is the first public chain to use the MASS consensus engine. MASS cryptocurrency is the value store of the MASS blockchain system and the value anchor of the MASS consensus engine.
All of the above are currently relatively high-quality projects in the distributed storage market. The first batch of POCLAB plans to participate in the network construction of this batch of projects will greatly promote the application of distributed storage on a global scale.
Company： POCLAB LTD