After the continuous improvement of various blockchains and Internet infrastructure, the market has never stopped thinking about the Web3.0 era. The core vision is to build a decentralized application network without borders.
However, due to the independence of various ecological protocols, Web3.0 interoperability and inter-chain services face the problems of fluidity fragmentation and compatibility, which limits the innovation and imagination space between applications.
Sukhavati Network, a decentralized cloud service network with storage as its core, was born under the vision of Web3.0. By building a decentralized data access gateway on the existing infrastructure, it tries to integrate storage, retrieval, NFT, PoC Starting from various aspects, it breaks through the barrier between data and protocols, helps decentralized applications manage storage status, and completes more efficient resource scheduling.
The following is the organization of the AMA text content, and the content has been deleted.
The following is the organization of the AMA text content, and the content has been deleted.
Analysis of Sukhavati
At the beginning of the AMA, Mindaugas Savickas gave a brief introduction to the characteristics and birth background of the Sukhavati protocol.
Mindaugas Savickas pointed out that Sukhavati is a decentralized cloud service network with storage at its core. It consists of consensus layer, storage layer and application layer.
The consensus layer is based on the PoS space proof/PoC capacity proof mechanism, which can directly reuse the computing power of some existing PoS/PoC protocols.
Based on TEE (Trusted Computing Environment), the storage layer proposes EPoSt (Efficient-Proof-of-Spacetime, efficient space-time proof mechanism) to solve the verification problem of decentralized storage, which can integrate massive low-power storage devices into the network .
Based on this, Sukhavati will build a decentralized data access gateway covering Web3.0 and Web2.0 storage services at the application layer, providing unified data storage, retrieval and management services for Web3.0 applications.
The mission of Sukhavati is to stimulate and improve the blockchain distributed storage ecology, promote it to become the real infrastructure of the next-generation Internet, and expand a wide range of application scenarios for the implementation of the Web3.0 vision.
Sukhavati Birth Background
Since the birth of the Internet and the Web, we have experienced the Web1.0 era where information is read-only and the Web2.0 era where everyone can produce information on social networks. With the birth of Bitcoin and the emergence of smart contract public chains such as Ethereum, the vision of Web3.0 has once again sprouted in people's minds.
The goal of Web3.0 is to make the Internet more decentralized, secure and verifiable. The value confirmation, consensus mechanism and incentive compatibility mechanism brought by the blockchain have greatly promoted the realization of the Web3. Retrieval ability.
In order to solve the problem of decentralized verification of large-scale storage, Filecoin proposed a method of using zero-knowledge proof for verification. However, this method consumes a large amount of computing power, which makes the cost of storing data for applications very high, and blocks a large number of small storage devices from the door. As a result, its storage distribution is very concentrated.
financing progress
financing progress
Sukhavati has always attracted the attention of many investment institutions. Mindaugas Savickas pointed out that Sukhavati Network has just completed a new round of financing of US$8 million when talking about the current financing progress.
In the process of financing, Sukhavati Network has attracted extensive attention from all parties in the encryption field. Many investment institutions from the seed round have continued to express their enthusiasm for the project and continue to pursue investment in Sukhavati Network.
The participating institutions include AU21, OKEx Blockdream Ventures, LD capital, YBB Foundation, Kernel Ventures, Blocksync, CryptoJ, NSG Ventures, Chain Capital, Gate Labs, PrimeBlock Ventures (MXC Labs), Hot Labs, CatcherVC, CCFOX Fintech, Krypto Research, LBK Labs, 7 O'clock Capital, etc.
Sukhavati Network has previously successfully completed a $2 million seed round of financing.
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Three basic layers
Sukhavati is mainly composed of three basic layers: consensus layer, storage layer, and application layer. Mindaugas Savickas gave a brief introduction to the application and positioning of these three basic layers.
Mindaugas Savickas pointed out that at the consensus layer, Sukhavati uses PoS space proof/PoC capacity proof as the consensus protocol. Its characteristic is that after the initial initialization operation is completed, only a small amount of computing and IO resources can maintain a high-security consensus, so that more resources can be used for other meaningful work, for the storage layer and applications on it layer is ready. At the same time, Sukhavati can also be compatible with the computing power of some existing PoS/PoC consensus protocols, and use it as the basis for a quick start.
At the storage layer, Sukhavati designed and implemented the EPoSt (Efficient Proof-of-Spacetime) efficient space-time proof mechanism based on TEE. The storage node completes the proof of the storage commitment in the two verification processes of LivingPoSt and WinningPoSt, and uploads the proof result to the chain to obtain incentives for the storage part.
EPoSt takes full advantage of the advantages of the TEE hardware architecture and rebalances performance and security. Compared with zero-knowledge proofs based on pure cryptography methods, the verification speed can be 100+ times higher. Thanks to this, massive long-tail low-power idle storage devices on the edge network, such as home NAS servers, can participate in Sukhavati’s storage mining as long as their CPU supports TEE technology, taking advantage of its low cost and P2P network transmission.
Mindaugas Savickas borrowed a picture from the white paper to explain why TEE can support such a high verification speed:
At the application layer, Sukhavati will build a decentralized data access gateway covering the Web3.0 storage ecology and Web2.0 storage services based on the local trusted computing capabilities of the nodes and the flexible expansion capabilities of the Substrate framework, using the storage layer as the medium , connect various protocol islands, and provide unified data storage, retrieval and management services for Web3.0 applications that can meet compliance requirements.
These three basic layers correspond to different functions, and each layer is built on the basis of the previous layer. The development of the Sukhavati network is divided into three stages, starting from the most basic consensus layer and gradually realizing the vision of the final decentralized cloud service network.
Development status of the storage track
One of the core foundations of Sukhavati is storage. Mindaugas Savickas also expressed his views on topics such as the development of the current storage track, why Sukhavati also chooses to join the storage track, and Sukhavati's differentiated positioning and advantages.
Decentralized storage is the major prerequisite for the implementation of Web3.0 applications. Currently, some representative projects have appeared in various subdivisions.
For example, on the contract-based storage track, there are zero-knowledge proof-based Filecoin and TEE-based Crust; on the permanent storage track, Arweave appears; on the distributed object storage track, there are Storj and so on.
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Improve Web3.0 storage infrastructure
Seeing the current development status of the storage track and the problems and lack of roles in it, Sukhavati Network decided to aim at improving the Web3.0 storage infrastructure and join in the construction of the ecology.
Different from the projects mentioned above, Sukhavati's positioning is to build a decentralized data access gateway covering the Web3.0 storage ecology and Web2.0 storage services, connecting the existing islands of various storage protocols, and providing Web3.0 DApps Provide unified data storage, retrieval and management services.
In order to achieve this goal, Sukhavati needs to have a broad and solid consensus layer. After research, it was decided to start with PoS/PoC, which has the largest hard disk mining scale, and quickly establish a solid consensus by reusing existing PoS/PoC computing power layer, while covering the largest group of hard disk storage space in the world.
Next, based on this, Sukhavati will give full play to the high efficiency advantages of PoS/PoC consensus and hardware-based TEE technology, and establish a storage layer that can provide hot storage capabilities.
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"Storage Mining" Participation Threshold
Speaking of mining, from Filecoin to the recent hot Chia, which once caused the prices of mining machines and hardware equipment to soar. For this series of market phenomena, Mindaugas Savickas said that for now, the entry threshold of Filecoin is already very high. Complicated cluster solutions and customized hardware are no longer directly accessible to ordinary miners. They are more likely to participate in the Filecoin network by purchasing hardware hosted by professional miners.
Relatively speaking, Chia's participation threshold is much lower. The soaring price of hard disks brought about by Chia when it was first launched is actually a very extreme market situation. It is irrational to over-hype the price of hard disks. Unlike other commodity hardware, the production capacity of hard disks is relatively flexible.
For Sukhavati, it is more about accommodating more mining machines and hardware in the market to participate in the network, rather than excessive waste of resources.
Looking back at history, we can see that from BTC to ETH to the current Filecoin and Chia, the wave of decentralization is sweeping from computing to storage, and will eventually change every link in the computing system, as well as the production relationship and organization on it. form.
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How to participate in Sukhavati mining
Regarding how users participate in Sukhavati’s mining, whether there are hard requirements such as hardware, mining machines, and equipment, Mindaugas Savickas replied that before the release of the test network, the mining that ERC20 tokens can participate in is liquidity incentive mining. Rules and rewards will be announced in the near future.
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Sukhavati Application Scenarios
Mindaugas Savickas said that in addition to storage and mining, Sukhavati’s application scenario topic said that in the early stage, PoS/PoC mining at the consensus layer and storage mining at the storage layer will be the key to establishing a solid foundation.
But in addition to these two, in the early stage, it provided traffic distribution for the existing huge Internet CDN business based on the hot storage layer, and in the middle and later stages, it provided a bridge for Web2.0 applications to migrate to Web3.0 based on the local trusted computing capabilities of nodes, and AWS Lambda's serverless cloud computing service, these are the application scenarios that Sukhavati can serve.
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The bottom layer of Sukhavati public chain
From the perspective of the underlying public chain, distributed storage related projects such as Filecoin, Arweave, and Sia are based on their own public chains. Regarding whether Sukhavati will also choose to build its own public chain underlying, Mindaugas Savickas replied that although Sukhavati is interpreted by the market as " storage middleware”, but has always had its own main chain.
This is similar to other distributed storage projects, Sukhavati's public chain itself also provides storage services to the market. After all the content that needs to be stored is uploaded to the Sukhavati network, on the premise that the network can provide the basis for storage and retrieval, at the same time, the content can be redistributed to other storage networks (such as: Filecoin, Arweave) according to the different needs of the order. Meet the diverse needs of Web3 applications for data storage.
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Actively cater to regulation
From the perspective of storage, whether Sukhavati will have regulatory and compliance concerns, Mindaugas Savickas responded as follows:
Project Progress
Project Progress
Mindaugas Savickas then introduced topics such as the progress of the Sukhavati project, the development stage, and the expected mining launch time so far.
Sukhavati Phase I mainnet has been developed and is currently in the internal testing phase. If this process goes smoothly, it is expected that the mining of the testnet can be successfully launched before September.
In addition, the current ERC-20 token (ERC-20) liquidity incentive plan will be put into the market in the near future, and you can follow the relevant update plan in the official channel.
Official website: https://sukhavati.io
Twitter: https://twitter.com/Sukhavati_N
Token Value Capture
Reddit：https://www.reddit.com/r/SukhavatiNetwork/
Discord：https://discord.com/invite/nhTd23PMSA
Token Value Capture
Regarding value capture, Mindaugas Savickas shared how Sukhavati's token economic model can motivate users to hold tokens for a long time, token application scenarios and other topics.
Mindaugas Savickas said that the core of Sukhavati’s token economic model is designed around the evolution and long-term stability of the entire storage network. Block rewards have different incentives for various participants in different periods of the network.
In the first stage, the network consensus establishment stage, the main token rewards will be given to miners who contribute to the network consensus. At the same time, for long-term security and stability, a considerable portion of rewards will be distributed to network miners who provide long-term pledges for their computing power.
In the second stage, during the establishment of the storage layer, in order to promote the evolution and development of the network, some rewards will be converted into storage mining rewards. In addition, there will be a reward pool in the early stage, which is used to reserve developers who have contributed to the development of the ecology to reward. Ordinary users can also participate in the funding of this reward pool to obtain a longer-term currency-based income.
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How to participate in Sukhavati mining
Sukhavati supports mining using personal computers as well as professional servers.
The mining process is divided into two processes:
1. Plotting (P disk)
2. Mining
Among them, the process of Plotting (P disk) is one-time, and the P disk can be completed by using the CPU of an ordinary computer. Machines equipped with high memory and SSD can complete the P disk faster, but the cost is also higher.
After completing the P disk, you can enter the stage of real mining. Sukhavati's mining process consumes very little energy and only requires a small amount of local disk IO and CPU, so whether it is a personal computer, a home NAS server, or a device like Raspberry Pi can participate in mining, the mining consumption The energy is also very low.
In addition to considering the physical equipment for mining, Sukhavati also needs to understand Sukhavati's economic model.
CryptoJ (WeChat public account: CryptoJ) is a new generation of blockchain investment, research and service institutions, and has established deep partnerships with leading media, developer communities, business elites and financial institutions in the encryption world. CryptoJ brings together a wide range of KOL network systems, professional industry information, in-depth research and analysis, high-quality communities, hot market project dynamics and other multi-faceted blockchain industry resources. Match differentiated services in the market in real time, provide analysis and customized services, form community alliances, cooperate with exchanges to promote, and build vertically segmented channels such as self-media services at home and abroad. CryptoJ will provide real marketing value to your project and build broad brand awareness in China and the world.
About CryptoJ
CryptoJ (WeChat public account: CryptoJ) is a new generation of blockchain investment, research and service institutions, and has established deep partnerships with leading media, developer communities, business elites and financial institutions in the encryption world. CryptoJ brings together a wide range of KOL network systems, professional industry information, in-depth research and analysis, high-quality communities, hot market project dynamics and other multi-faceted blockchain industry resources. Match differentiated services in the market in real time, provide analysis and customized services, form community alliances, cooperate with exchanges to promote, and build vertically segmented channels such as self-media services at home and abroad. CryptoJ will provide real marketing value to your project and build broad brand awareness in China and the world.
