Cointime

Download App
iOS & Android

Stratos starts with decentralized storage in building the infrastructure of blockchain

Validated Individual Expert

Due to its robust infrastructure, Web2 has been able to grow both quickly and extensively in recent years, allowing numerous projects to stand on the shoulders of these "giants" and concentrate more on their own business issues than specific technological issues. While blockchain is still only a decentralized ledger system on Web3, and much effort needs to be done to build its network and infrastructure. Because Web3 lacks a reliable infrastructure despite having multiple well-known public chains, Stratos is positioned as a decentralized infrastructure initiative.

By enabling smart contract developers like Uniswap, AAVE, and NFT Dapps to deploy, store, and execute their code and data using the distributed cloud, Stratos' blockchain-based Distributed Data Grid can better serve the next-generation cloud for Dapps. As a result, community developers can distribute systems without having to worry about difficult network deployments. Without having to worry about the supporting infrastructure, developers can entirely concentrate on the product's business logic, improving operations and lowering development costs.

Since storage is undoubtedly insufficient for a decentralized infrastructure, Stratos' objective is to begin with decentralized storage before implementing decentralized databases, and decentralized computing to fully establish an ecosystem of auxiliary services.

What is Stratos?

Stratos is the world’s first decentralized infrastructure, providing scalable, stable, self-balanced storage, database, and computing networks, as well as a robust platform for data processing. The large-scale distributed infrastructure network fills the infrastructure gap in the blockchain, aims to create a distributed network ecosystem with infrastructure providers, middleware developers, and Dapp developers in order to fulfil the promises of shared value, efficient development, and reliable, affordable apps that will enable blockchain applications to flourish.

The initial focus of Stratos was storage, enabling both traditional customers and blockchain users to store data on its decentralized storage platform; The next phase for Stratos was computing because many computing requirements are met by storage; The third stage is to provide the database because the structured data needs to be saved in it once the computing requirements have been satisfied. It's a long process, and Stratos thinks that by defining standards, the entire ecosystem will be developed step by step.

In 2017, Stratos came up with the concept. The storage test net has gone through five iterations in the roughly two years since then, and Stratos has practically finished all of its functions. Stratos is also collaborating with audit firms and will soon start the audit process.

The Stratos team consists of a group of top developers.

Members of the Stratos team work for organisations like Canadian National Railway, Amazon, Expedia, Huawei, and Alibaba. They all have excellent enterprise development backgrounds. A third of the crew also comes from Mindgeek, which worked with Bin Zhu to create the big data platform. To support the Stratos project, each team member will draw on their significant development experience.

The founder of Stratos, Bin Zhu, has more than 20 years of expertise developing software for many platforms and technologies. Prior to that, he founded the Cloud team at MindGeek, where he created a full big data ecosystem and oversaw the team's delivery of daily services to more than 100 million users around the world, including user profile data services, AD recommendation services, payment anti-fraud services, anti-infringement services, a global CDN performance monitoring system, and more. Later, he became a technical co-founder of Faimdata, an artificial intelligence business that employs computer vision to offer consumer data intelligence solutions to retail customers. He launched Stratos in late 2021 to develop the next generation of decentralized data grid and offer decentralized underlying architecture services for the blockchain sector, drawing on his experience working in decades of technological progress.

No one may terminate your application using Stratos.

Users should be able to get an effective and high-performance storage solution thanks to Stratos. The team's first strategy is to reassure people and help them to get better user experiences.

The following are the key features of Stratos:

- Support for all types and volumes of data

- Lightning-fast data upload and retrieval

- Database is Scalable and Adaptive

- permanent, abundant storage

- constant accessibility projects are led by the community and develop organically

- Blockchain smart contracts and computing both support domain-specific languages

- Fully integrated platform

1. High Performance

Performance-based For Stratos to perform so well, there are two primary factors. First of all, Stratos has done extensive planning and preparation before project approval. Moreover, Stratos' design differs significantly from other decentralized storage architectures. Now, more than 4,000 Stratos nodes are running reliably. The performance test results show that it can upload and download data between 300MB and 500MB in just under 20 seconds. Even some of the centralized cloud disc performance is outperformed by Stratos' performance, which is much better than the majority of decentralized storage initiatives now available. Moreover, Stratos Network is capable of both storage and video streaming. Those who wish to see a video can stream it directly, without downloading it. As a result, Stratos' decentralized storage is capable of both direct audio and video playback in addition to efficient storage and retrieval.

2. Various issues are divided into various layers to be resolved.

The value layer, resource layer, and metadata routing layer are the three layers that make up Stratos. Each layer plays a different role. Simply put, the resource layer delivers storage or computing services after accepting the job, and the metadata layer is in charge of matching the user's service request with the node of the resource layer through the algorithm. The blockchain layer also serves as the settlement layer, using consensus to determine the burden of the metadata layer and resource layer and award token rewards accordingly. As a result, while the metadata layer requires a whitelist method that ultimately involves the community voting on each meta node, the resource layer is totally decentralised and infinitely extendable. Like the majority of PoS public chains, the blockchain layer creates an effective network based on the voting weight of each joined verification node.

Depending on what they perform, the three layers employ three different consensus points. The Proof-of-Stake (PoS), Proof-of-Traffic (PoT), and Proof-of-Authority (PoA) consensus protocols are used by the value layer, resource layer, and metadata routing layer, respectively. Because Stratos solves distinct problems at separate levels, the impossible triangle can be beautifully resolved through the cooperation of these three layers. The primary distinction between Stratos and its rivals is this distinctive design.

3. Not Your Key,Not Your Content.

While convenient, easy to use, and generally cost-free, centralized storage has several limitations. There are several filtering mechanisms in the centralized system. The centralized storage will review users' personal information and sensitive information. In other words, the so-called security is predicated on examining the privacy of users, and these data may potentially be compromised.

Decentralized storage, however, is unable to perform such a "review" and does not possess the tools necessary to change or remove user data. If a user choose to utilize the decentralized storage provided by Stratos as the remedy, Stratos can encrypt (create a key) extremely sensitive material on their behalf before uploading it. After uploading, outsiders can only obtain a portion of the data, and even then, they are unable to decrypt it without the private key.

4. Reasons for choosing Cosmos SDK.

In terms of blockchain, Stratos is a Cosmos-based blockchain whose performance is comparable to that of the Cosmos main network. The fact that Stratos's tokens, transactions, and verification will run on blockchain makes it crucial. The chain must simultaneously build a significant amount of storage in order to work with Stratos, as well as new consensus methods, databases, and calculations in the future.

5. Proof of Traffic

It is challenging to demonstrate by zero-knowledge proof that a resource provider genuinely offers a specific amount of storage, computing, and bandwidth resources in a decentralized network.

However, the zero-knowledge proof itself necessitates extensive calculation and verification. Stratos will consume a sizable amount of computational power and bandwidth to validate the storage, computing, and bandwidth resources if zero-knowledge proof is employed to validate the resources offered by the storage network resource node. As a result, the amount of resources that the network as a whole can really make accessible to users will be drastically decreased. This is wholly contrary to Stratos' intended function. In order to prove storage, computing, and bandwidth resources, Stratos cleverly disentangled the entanglements of each participant's interests using a "traffic proof" approach, verifying storage, computing, and bandwidth resources through multi-party network traffic verification. Tokens can be used as incentives for cloud resource providers, ensuring and facilitating the smooth operation of the supply and demand model for cloud resources.

For instance, miners needs to generate more visitors and keep more useful data that other people want to access in order to increase its revenue. Whereas miner B offers a decent server with good performance, miner A offers a server with little bandwidth and bad performance if there are two miners, A and B. As a result, Miner B would respond more quickly and be able to manage more traffic when Stratos uploaded the same popular short movie to Miner A and Miner B's servers. If miner B processes information five times as quickly as miner A, then miner B may benefit more than five times as much as miner A. As miner B is now making more money, he considers this to be a worthwhile endeavour and is prepared to spend in enhancing the performance of either his own servers or Stratos' network of servers. At the same time, miner A doesn't even have enough money to cover the machine's maintenance costs. He currently has two options: he may boost investment to strengthen his machine, or he can leave the network. So in this case, for the Stratos network, if the nodes provided by each miner are strong and stable, the overall network performance and quality will be excellent.

Continuous incentive of Token STOS.

According to Stratos's economic model, users of the network are charged STOS tokens based on how much data they transport across the network. Users are transparently charged according to transaction histories on the Stratos blockchain by the traffic proof algorithm. When users use storage, compute, databases, or any other Stratos service, they consume STOS. Use of STOS token:

(1) STOS will be pledged/entrusted to the verifier to ensure the security of the blockchain network.

(2) STOS will be issued as a mining incentive as proof of traffic.

(3) STOS will be consumed in payment of transaction fees.

(4) STOS will be used to prepay Stratos Resource Network service traffic fees.

Moreover, Fundamental Laboratories, Kenetic Capital, Fenbushi Capital, Particle XYZ, Spark Digital Capital, Bixin Ventures, SNZ Holding, DFG Capital, and Nothing Research were among the investors in Stratos' prior $1.83 million strategic round. After Mainnet launches, there may be another round of funding for Stratos. Before starting a new round of financing, Stratos would want to wait for the product to actually allow prospective investors and consumers to realize the real value.

Full chain cross-chain planning.

Future plans for Stratos include using cross-chain Bridges to provide storage across various chains. Users can access Stratos services without owning STOS tokens by directly exchanging the STOS that they want to consume each time using the native tokens of the public chain ecosystem through the cross-chain bridge. Because it conserves a lot of resources and is simple for the development team to maintain, this is advantageous for both the DApp developer and the user's data. Any public chain can also act as a gateway into Stratos, however once a user enters, they are redirected to the decentralized storage platform of Stratos. This is the idea behind the Stratos cross-chain and what Stratos anticipates for the future.

Within months of the audit phase's conclusion, Stratos' primary network will be operational. The Stratos blockchain, which is based on the Cosmos and Tenement SDKS, serves as the foundation of the Stratos primary network. It is a Stratos private chain (which can be used by others, of course), and Stratos storage will also go live at the same time. Following the mainnet's debut, Stratos will assist more project parties so that more conventional users can use it and benefit from an improved user experience. Stratos will create a decentralised CDNS after the company is well established and its goods are well received. Another level of storage, CDN, is being developed on the back of storage. At this stage, Stratos will seek out existing Internet service providers and video firms and permit them to experiment with the Stratos decentralized CDNS concept at a reasonably cheap cost. The next phase is to create decentralized databases after Stratos returns to creating decentralized computing at a specified utilization rate.


Related Links:

Website:https://www.thestratos.org/

Twitter:https://twitter.com/Stratos_Network

Stratos decentralized storage for streaming video presentations:

https://mp.weixin.qq.com/s/CyYURhwlZLvbbrxbd3YFVA

Whitepaper:https://www.thestratos.org/assets/pdf/stratoswhitepaper.pdf

* CoinTime initially published this article; it may not be copied without permission.

Comments

All Comments

Recommended for you

  • Cointime May 3rd News Express

    1. The 133rd Ethereum ACDC meeting: The goal is to complete the devnet within 7-10 days

  • Paribu wallet address transferred more than 4 trillion PEPE, worth about 31 million US dollars

    According to Whale Alert monitoring, the Paribu wallet address transferred 4,049,371,347,309 PEPE tokens worth approximately $31,091,073 via the Ethereum blockchain at around 17:20 today, and all tokens were transferred to an address starting with "0xa23c".

  • Huaxia Virtual Asset ETF's AUM exceeds HK$1 billion, while Bosera and Harvest AUM both exceed HK$500 million

    According to the latest virtual asset ETF asset management scale data from HKEX as of May 3rd:1. Huaxia Ether ETF has an asset management scale of HKD 146.16 million, and Huaxia Bitcoin ETF has reached HKD 880.25 million, with a total amount exceeding HKD 1 billion, reaching HKD 1.02641 billion;2. Bosera HashKey Ether ETF has an asset management scale of HKD 96.59 million, and Bosera HashKey Bitcoin ETF has reached HKD 478.09 million, with a total of HKD 574.58 million;3. Harvest Ether ETF has an asset management scale of HKD 89.97 million, and the encrypted Bitcoin ETF has reached HKD 449.39 million, with a total of HKD 539.36 million.

  • FRIEND fell below $3, and the ecosystem TVL dropped to the $30 million range

    According to DexScreener data, the trading price of friend.tech tokens has fallen below $3 and is currently at $2.31. The current circulating supply is approximately 14.5 million. According to DeFiLlama data, the friend.tech ecosystem's TVL has dropped to the $30 million range, with a 13.6% decline over the past 7 days. Friend.tech was launched on the Ethereum Layer 2 network Base in August of last year. The ecosystem's TVL had once surpassed $50 million and is currently the 9th largest protocol on the Base chain.

  • Animoca Brands: MOCA token distribution is planned to take place around May 24

    Animoca Brands officially announced that the distribution of MOCA tokens is planned to take place around May 24th. The token release information includes:

  • NFT lending platform Blend’s total transaction volume exceeded US$6 billion, with more than 650,000 loans

    The latest data from Dune shows that the total transaction volume of Blend, an NFT lending platform under Blur, has exceeded 6 billion US dollars, reaching 6,048,459,706 US dollars at the time of writing, with a total of 659,353 loans; the total number of independent borrowing users is 10,458, and the total number of independent lending users is 4,447. The current total active loan amount is 3,347, with an active loan amount of approximately 6,013 ETH.

  • Yuga Labs will migrate the Otherside metaverse to Improbable’s Msquared

    Yuga Labs and Improbable announced the migration of Otherside Metaverse to Improbable's Msquared, which is Improbable's interconnected Metaverse network. By rebuilding Otherside, Yuga Labs will provide the community with the ability to build in large-scale environments and interoperability. Improbable and Yuga Labs also announced other news about the development of Otherside, including a large multiplayer game event in July and the launch of Otherside development toolkit World Builder ODK.

  • friend.tech has opened airdrop token applications, FRIEND is currently priced at $3.34

    According to the official website, friend.tech has opened up the airdrop of the token FRIEND for claiming, with FRIEND currently priced at $3.34. Previously reported, friend.tech will release version 2 and conduct an airdrop on May 3rd.

  • The 133rd Ethereum ACDC meeting: The goal is to complete the devnet within 7-10 days

    The Ethereum developers held their 133rd ACDC conference call. First, they outlined the latest research on Ethereum protocol confirmation rules. Then, they discussed Pectra updates related to EIP-7547 and CFI states, and decided to put them on hold temporarily. They also updated the v1.5.0-alpha.1 specification. Regarding the implementation updates for devnet-0, most teams are making progress, but there are also some unexpected complexities. The goal is to complete devnet within 7-10 days.

  • The Bitcoin-native stablecoin bitSmiley Alphanet V1 Surpasses $24M TVL in 24 Hours!

    In a remarkable achievement, bitSmiley's Alphanet V1 skyrocketed to over $24 million in TVL within just 24 hours of its launch with over 6 million bitUSD stablecoins minted through over-collateralization. bitSmiley stands as a pioneering initiative, introducing stablecoins by over-collateralizing Bitcoin.