The Broad Composition of Future Decentralized Storage
There has never been any shortage of leading players in the blockchain space. From DeFi to NFT, however, the market has not yet focused its spotlight on an important participant — decentralized storage. While the boom of this market segment is still in the coming, the important role of storage in infrastructure construction in the coming Web3 era is nevertheless irreplaceable, and premier storage projects still have considerable room for growth. Recently, DMC as decentralized blockchain storage has emerged a promising field with a great message to tell and a tremendous value to deliver in the future. The planning of every layer of its ecosystem structure is comprehensive and carries unique advantages, which are worthy of analysis and explanation.
The whole decentralized storage ecosystem of DMC consists of three important components: Storage transaction layer, Storage application layer, and Storage service layer.
The core of the DMC ecosystem is the storage transaction layer, which is carried by an underlying blockchain — namely DMC transaction chain — dedicated to the realization of decentralized storage transactions. This is also the current stage of project development. DMC has customized Proof of Storage Service (PoSS) consensus algorithm for decentralized storage service network applications, and DeFi’s matched trading has been introduced into DMC for storage matching. In accordance with the set rules, the matching list will match the storage demands issued by storage demanders and storage suppliers. And, both sides need to provide “storage delivery certificates” to get incentives. When supply exceeds demand or the other way around, DMC’s new mechanism will provide more “bid order” liquidity incentives for the deficit side and achieve a truly decentralized storage exchange. DMC hopes that free data flow, lower transaction cost, real and effective storage, stable network security, reliable privacy protection and corresponding user incentives can be achieved with the matching of trading media.
With the development of the underlying infrastructure of the DMC decentralized storage trading market, when data can flow freely, the value of DMC will come into full play. Wallet, stablecoin, blockchain browser, DEX and various other countless applications will emerge and constantly enrich the storage application layer. Of course, all data-related parties can also reap the corresponding rights and interests brought by data transactions.
The storage service layer is an open layer, and all storage facilities in the decentralized storage market can become the source of storage services in the decentralized storage trading market of DMC. DMC encourages mining pools and mines on existing storage platforms to directly join in and provide services for and add liquidity to the storage trading market, so as to build a more perfect decentralized storage market ecosystem together.
The project has now reached the stage of testnet Beta 3, moving one step closer to the launch of DMC mainnet. DMC’s broad composition of future decentralized storage is to meet the needs of market development and keep in step with the development trend of Web3. The exact ecosystem composition of DMC will be an exciting thing to look forward to.
DMC official links
· Website: https://dmctech.io/
· Discord: http://discord.gg/dmcofficial
· Telegram: http://t.me/DMC_Foundation
· Gitbook: https://datamallchain.gitbook.io/dmc
· Twitter: https://twitter.com/datamallcoin
· Facebook: https://www.facebook.com/datamallchain
· Medium: https://medium.com/@dmcfoundation
· Github: https://github.com/datamallchain
