🔍 Reflections on Decentralization: How Autonomys Network Solves the Key Blockchain Problem
Friends, today I want to share my thoughts on how Autonomys Network approaches solving one of the most pressing issues in the blockchain world - centralization. We all know that centralization contradicts the very essence of blockchain technology, but unfortunately, many projects face this problem as they grow.
Let's examine the innovative approaches Autonomys uses to maintain true decentralization:
1️⃣ Proof-of-Archival-Storage (PoAS)
This isn't just another consensus mechanism. PoAS is a fundamentally new approach that separates consensus and computation processes. Farmers collectively store the blockchain's history, making the system resistant to large pool formation. This is crucial because pools often become the cause of centralization in other networks.
2️⃣ Distributed Storage Network (DSN)
Imagine a system where every piece of data is evenly distributed across the entire network. That's exactly how DSN works in Autonomys. Using a multi-level approach with cache (L2) and archival storage (L1), the system ensures not only efficiency but also data longevity. This means there's no single point of failure or control - a key aspect of decentralization.
3️⃣ Dynamic Pricing
This is perhaps one of the most interesting solutions. The cost of blockchain space automatically adjusts based on storage supply and demand. Thus, the system balances itself, preventing resource monopolization.
4️⃣ Accessibility for Participation
You know what really impressed me? The fact that setting up a node takes only 15 minutes. This isn't just a technical detail - it's a philosophical approach. The easier it is to join the network, the more diverse participants it will attract. And diversity is the key to decentralization.
Continued in the next post👇
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