CrustNetwork
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CrustNetwork

Crust Join the 1st Web 3.0 Bootcamp

Crust:Web3 Foundation Grant Project, 1st wave of Parity Substrate Builders Program and Web 3.0 Bootcamp Member now.

Web3.0 Bootcamp Opening

We are delighted to be selected into the 1st Web 3.0 Bootcamp together with other 14 teams worldwide. Web 3.0 Bootcamp is a joint venture by Web3 Foundation, Parity Technologies, Wanxiang Blockchain Labs and New Chainbase to accelerate blockchain projects. Before the Bootcamp, Crust has already joined the Web3 Foundation Grant Project and the Parity’s 1st wave Substrate Builders Program.

Crust is now in AlphaNet, and new version(Rocky Mountain 3.0) was just released, which including Crust, Crust TEE, Crust Client and Crust API. You may visit our Blockchain Explorer to experience. And we are appreciated if you find any issue and welcome to submit it in our GitHub. Crust‘s next milestone BetaNet is scheduled in coming Jun and plan to launch the MainNet in end of 2020.

“It was the best of times, it was the worst of times” . Blockchain technology is impacting the world, and it will change the way we work, live, play and learn. Now we are standing on the very beginning of this age. The age calls for action, innovation and creation. Together with all the groups in bootcamp, we will not only accelerate the project but also build the future of Web3.

About Crust

Crust implements the incentive layer protocol for decentralized storage. It is adaptable to multiple storage layer protocols such as IPFS, and provides support for the application layer. Crust’s architecture also has the capability of supporting a decentralized computing layer and building a decentralized cloud ecosystem.

Meaningful Proof of Work

Based on the TEE (Trusted Execution Environment) technology, Crust implements MPoW (Meaningful Proof of Work) mechanism to quantify meaningful storage resource usage and generate corresponding work report in a reliable way.

Guaranteed by Storage Resources

Crust’s GPoS (Guaranteed Proof of Stake) consensus uses storage resources as a guarantee. It encourages nodes to provide more storage resources, and improves the security and robustness of the network.

Decentralized Cloud Storage and Computing

With GPoS consensus and MPoW mechanism, Crust is able to support the quantification and consensus of both storage and computing resource usage, and builds ubiquitous decentralized cloud storage and computing capabilities.

Learn more and stay updated by joining us on Crust.Network, Twitter, Medium, and GitHub. User guides and technical education can be found on Wiki.

Web3.0 Bootcamp Online Open Ceremony

About Web3 Foundation

Web3 Foundation funds research and development teams building the technology stack of the decentralized web. It was established in Zug, Switzerland by Ethereum co-founder and former chief technology officer Dr. Gavin Wood. Polkadot is the Foundation’s flagship project. Visit web3.foundation to learn more.

About Parity Technologies

Parity Technologies is a software development company on the bleeding edge of Web3 technologies. Founded by Ethereum co-founder and CTO Dr. Gavin Wood and former Ethereum Foundation Head of Security Dr. Jutta Steiner, the company is well known for the Parity Ethereum client, which has contributed a great deal to the success of Ethereum to date. Parity’s mission is to give open-source software developers a space to build innovative new technologies that push our shared vision of a decentralized Web 3.0. Visit parity.io to learn more.

About Wanxiang Blockchain Labs

Wanxiang Blockchain Labs (“the Labs”) is a non-profit research institution focusing on blockchain technology. The Labs gathers global experts to conduct research and promote dialogue on the development, application and strategy to provide guidance for entrepreneurs and to provide reference information for regulatory bodies, all in an effort to promote growth for the society and economy leveraging blockchain technology’s potential. Wanxiang Blockchain Labs is based in Shanghai. Visit blockchainlabs.org to learn more.

About New Chainbase

New Chainbase is a blockchain-focused incubator and accelerator that delivers innovation services specifically for Fintech start-ups in China. Partnered with Wanxiang Blockchain Labs and a number of blockchain organizations, New Chainbase is aimed at delivering one-stop support and guidance to Fintech start-ups and provide them easy access to related Technology Resources, Industry Salons, Financing Resources, Training, and Services of multiple forms. Visit newchainbase.com to learn more.

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Crust Network

Crust Network

CRUST implements the incentive layer protocol for decentralized storage, and vision to building a decentralized cloud ecosystem.