Crust Network Brings Decentralized Storage To Blockchains Through Chainlink
We’re excited to announce that Crust Network, a decentralized storage protocol based on IPFS, is launching an External Adapter on the Chainlink Network — the industry-leading decentralized oracle solution. Through Chainlink, smart contract developers are easily able to access IPFS-based decentralized data storage for their applications and seamlessly pull that data from IPFS.
By extending the storage capacity for applications beyond the limited block space available on-chain, developers can build more advanced DeFi, NFT, and social platforms. Crust Network supports a wide range of use cases including serverless dApp deployments, accelerated content delivery, and general off-chain data storage for NFTs, user data, and documents. For example, storing an NFT collections’ market cap, price floor, and specific valuations of each NFT enables developers to build advanced dApps that support NFT-based synthetic assets, lending and borrowing collateralized with NFTs, and buy now, pay later NFTs.
Crust Network is a decentralized storage protocol for the Web3 ecosystem. At present, the Crust network is supported by 4,200+ nodes around the world that provide a total of 1500+ PB storage capacity. Since the launch of Crust mainnet in September 2021, the network has filled over one million storage orders. Crust Network makes it easy for smart contract developers to securely store data off-chain on IPFS and retrieve it through an IPFS gateway via Chainlink.
We chose to leverage Chainlink because it provides a multitude of critical features that make integration simple and secure, such as:
- Blockchain Agnostic — Chainlink is blockchain agnostic, meaning our data can be made available on any current or future blockchain environment.
- Widely Adopted — Chainlink is the most widely used oracle network in the blockchain industry, offering us access to a vast addressable market of potential data storage consumers.
- Provably Secure — Chainlink is thoroughly audited open-source software designed according to leading academic research, and has a proven history of helping secure billions of dollars in value live in production.
“The industry-leading Chainlink Network is the best way to connect with multiple chains across the Web3 ecosystem. By making our decentralized storage network easily accessible to developers through the Chainlink Network, we can help unlock advanced use cases that require a large amount of data.” — Leo Wang, Co-founder of Crust Network
Chainlink is the industry standard for building, accessing, and selling oracle services needed to power hybrid smart contracts on any blockchain. Chainlink oracle networks provide smart contracts with a way to reliably connect to any external API and leverage secure off-chain computations for enabling feature-rich applications. Chainlink currently secures tens of billions of dollars across DeFi, insurance, gaming, and other major industries, and offers global enterprises and leading data providers a universal gateway to all blockchains.
About Crust Network
Crust Network is a versatile, purpose-built storage blockchain that delivers truly decentralized file storage and hosting capabilities for the entire Web3 ecosystem, empowering privacy and data ownership. Crust Network enables dApp hosting, NFT metadata storage, and encrypted file storage across a wide range of blockchains.
Join Crust Network now and enjoy access to over 1,500Pb storage across more than 4,000 nodes!