The global application of blockchain technology has made breakthrough progress in the past year. Digital assets have finally begun to spread, and people’s interest in cryptocurrencies has never been higher.
As the territory of the blockchain industry continues to expand in 2021, DeFi and NFT have emerged in the field of cryptocurrency. However, for many developers and users, providing a secure data infrastructure across platforms still faces challenges. At this time, the birth of Stratos is expected to solve this problem. It will elevate the data infrastructure of the blockchain ecosystem to a new level by providing a decentralized data grid solution.
Data issues in the blockchain industry
At first glance, blockchain seems to be the perfect solution for storing data. However, blockchain technology initially only envisioned one type of data: financial transaction records.
Traditional blockchains are not very suitable for storing other types of data, especially for interconnecting different data types. Therefore, many people believe that blockchain will not be an efficient decentralized database for many complex use cases.
How to improve the decentralized data infrastructure
Faced with the demands of DeFi, NFT and increasingly complex blockchain applications, the decentralized data infrastructure solution must solve the following three problems that plague the old:
Single data structure
The existing blockchains on the market cannot support different types of data formats; trying to merge a large number of data types together will cause problems. The data structure defined by smart contracts is very limited.
For the blockchain used to record financial transactions and results, it becomes extremely difficult to retrieve data using various conditions. Even if a more flexible data structure is defined using smart contracts, once it is created, retrieval will be limited, and the model and scale cannot be updated. The write performance is also not ideal. Writing any data in the blockchain requires a consensus process, which will cause a pause of several seconds to several minutes.
The storage cost is high . The content of each blockchain node is the same. Any data written in the blockchain will be synchronized to thousands of nodes, which makes the storage cost of the blockchain very high.
Stratos is a new type of data infrastructure that provides trustless solutions for decentralized storage and solves the dependence of blockchain developers on monopolistic centralized cloud services. With the help of Stratos’s decentralized data grid, a scalable, reliable, and self-balancing new generation of data storage can be realized. Retrieving data is simple, safe, efficient and flexible regardless of the size of the data.
Stratos is committed to making the decentralized data management of the blockchain ecosystem simple. From developers and users of innovative NFT, DeFi and DApp projects, to communities based on decentralized governance and traditional enterprises that require CDN services, to providers of smart home solutions using edge computing-everyone can Benefit from the efficient decentralized cloud without huge storage capacity and content acceleration.
The first decentralized data grid service
Stratos is designed as a virtual grid suitable for structured and unstructured data, which is more flexible and cost-effective than traditional distributed databases.
We are moving towards Web 3.0, an open, trustless and permissionless network.
Stratos strives to build a basic service that supports the adoption of blockchain in Web 3.0 and helps create smarter, interconnected and open websites.
The main features of Stratos:
● Support all types and sizes of data
● Lightning upload and retrieval of data
● Scalable adaptive database
● Permanently accelerate high-availability storage
● Close to users
● Take the community as the leading factor and grow organically
● Supports both blockchain smart contracts and computing domain-specific languages
● What applications will the fully integrated platform Stratos be the first to launch?
Stratos provides stable and efficient private data grid services for NFT projects and enhances the NFT ecosystem. Storing your encrypted artwork in Stratos’ distributed data grid can protect metadata and add an extra layer of security to your NFT.
Stratos NFT Marketplace can not only realize efficient and reliable data exchange and digital product ownership transfer, but also retain ownership in the hands of the owner and only trade usage rights with customers.
The Oracle service with technical support provided by Stratos Network Stratos’ decentralized data storage and distributed data grid provide a solid foundation for the creation of decentralized Oracle services. Stratos guarantees the efficient and safe source, transfer and storage of data.
The aggregation API of blockchain data stores and processes data in the Stratos virtual data grid to ensure safe storage and efficient retrieval. The decentralized data API provides users with a simple and easy-to-use interface, through which data API services can retrieve data smoothly and easily perform predefined data processing tasks.
We will publish an article “Resource Network Token Economy” to explore how our unique traffic proof consensus can promote the development of the Stratos ecosystem.
The Stratos Value Network Testnet will be launched in mid-June with a browser for browsing value network blocks and transactions, and the wallet will be released on Testnet at the end of June. At that time, the community can begin to become familiar with our API/RPC and transactions, as well as other ledger-related functions.
Following the Value Network, we will launch the Resource Network Testnet in July. We will invite some partners to join the test network to gain first-hand Stratos decentralized storage experience.
In the third quarter of 2021, we will release some demo applications on storage infrastructure for the public to try out. We will create Stratos NFT markets on Value Network Testnet and Resource Network Testnet. This will be a great opportunity to show how the blockchain industry can make full use of our value network and resource network to benefit from the Stratos data grid.
Stratos founder Bin Zhu said: “Based on my past experience in MindGeek building the entire big data ecosystem for billions of users, I firmly believe that the scalability and high availability of the system infrastructure fundamentally determine how much the application system can go. Far, how strong it can be. The Stratos team is committed to integrating our strong capabilities and years of experience in the design and development of top-level enterprise-level infrastructure into the decentralized storage, database and computing services of the blockchain industry. A solid foundation for the sustainable development of the blockchain industry.”