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 🌱. In this system supported by the Subspace protocol, farmers use their computer's spare storage space to maintain and secure the network 🔒.
The innovations and opportunities brought by blockchain technology come with their challenges ⚡. One of these challenges is farmers' dilemma regarding "allocating storage space for blockchain history" 📜 or "maximizing storage space for consensus" 🤔. Farmers play a critical role in the sustainability and security of blockchain networks 🌍, 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 🔑. Continuously storing transaction history is crucial for the reliability of blockchain networks 📈. However, this can quickly consume the limited storage space available to farmers 📦. On the other hand, certain data needs to be stored to achieve consensus, which also takes up a significant portion of storage ⚖️. This dilemma threatens the efficiency and security of blockchain networks 🚨.
The Solution from Autonomys
Autonomys have developed innovative approaches to solve this dilemma faced by farmers 🌟. The Subspace protocol allows farmers to efficiently store blockchain history without compromising security or decentralization 🔄. 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 🛡️. Consensus relies on replicated storage proofs of blockchain history. Farmers store history collectively by keeping as many replicas as their disk space allows 💾.
Dedicated Consensus and Computation: Farmers only suggest the order of transactions 🔄, while staking executors maintain the state and execute transitions. This separation significantly reduces the operational costs for farmers and increases participation levels 🙌.
The Future of Decentralized AI Applications
The solutions from Autonomys and Subspace offer many benefits for the future of decentralized AI applications 🤖:
Enhanced Security: The Subspace protocol provides the data security needed for AI applications 🔒.
High Decentralization: Data is validated without a central authority, making AI applications more transparent and reliable 🌍.
Efficient Storage: AI applications require large datasets, and Subspace ensures these data are stored efficiently 📊.
Autonomys by solving the storage dilemma faced by farmers in the blockchain world, contributes to the development of decentralized AI applications 🌟. These innovative solutions pave the way for a more secure, efficient, and decentralized digital future 🔮.