The most rising ones in my favorite list on my #binance screen: $KAVA , $WLD , $ARKM , #BTC . Everything is fine on the #Bitcoin front. I want to tell you a little more about Autonomys.
Let's look at the concept of a "farmer" in the Autonomys Network ๐ฑ. In this system supported by the Subspace protocol, farmers use their computer's spare storage space to maintain and secure the network ๐.
The innovations and opportunities brought by blockchain technology come with their challenges โก. One of these challenges is farmers' dilemma regarding "allocating storage space for blockchain history" ๐ or "maximizing storage space for consensus" ๐ค. Farmers play a critical role in the sustainability and security of blockchain networks ๐, and overcoming this dilemma is vital for the future of these networks.
The Farmer's Dilemma: Storage Space and Consensus
This dilemma faced by farmers is central to the reliability and transparency of blockchain networks ๐. Continuously storing transaction history is crucial for the reliability of blockchain networks ๐. However, this can quickly consume the limited storage space available to farmers ๐ฆ. On the other hand, certain data needs to be stored to achieve consensus, which also takes up a significant portion of storage โ๏ธ. This dilemma threatens the efficiency and security of blockchain networks ๐จ.
The Solution from Autonomys
Autonomys have developed innovative approaches to solve this dilemma faced by farmers ๐. The Subspace protocol allows farmers to efficiently store blockchain history without compromising security or decentralization ๐. Here are the details of this solution:
Minimal State and History Storage: Farmers maintain blockchain history at a minimal level while preserving network security and decentralization ๐ก๏ธ. Consensus relies on replicated storage proofs of blockchain history. Farmers store history collectively by keeping as many replicas as their disk space allows ๐พ.
Dedicated Consensus and Computation: Farmers only suggest the order of transactions ๐, while staking executors maintain the state and execute transitions. This separation significantly reduces the operational costs for farmers and increases participation levels ๐.
The Future of Decentralized AI Applications
The solutions from Autonomys and Subspace offer many benefits for the future of decentralized AI applications ๐ค:
Enhanced Security: The Subspace protocol provides the data security needed for AI applications ๐.
High Decentralization: Data is validated without a central authority, making AI applications more transparent and reliable ๐.
Efficient Storage: AI applications require large datasets, and Subspace ensures these data are stored efficiently ๐.
Autonomys by solving the storage dilemma faced by farmers in the blockchain world, contributes to the development of decentralized AI applications ๐. These innovative solutions pave the way for a more secure, efficient, and decentralized digital future ๐ฎ.
