Genaro Eden: Five Core Features
Off the top of your head, what do you suppose are the most exciting aspects of blockchain technology? What obstacles seem to have posed the biggest challenge to developers thus far and what steps have been taken to surmount them? Increased exposure to media attention among writers and in technology and the economy has meant that even greater expectations now apply to this new field of expertise. Likewise, smart and attentive minds have been quick to point out areas that seem to be working or growing less than efficiently. ‘Is blockchain truly here to stay? How will it affect my life?’ — are some of the questions that a perplexed public have been asking. The Genaro Network and the Genaro Eden sharing platform have been conceived as a way of steering the evolution of blockchain itself, responding to growth problems and leveraging the technology’s many strengths, disrupting the worlds of cloud storage and network computing, and beyond.
Genaro Eden is characterized by privacy, efficiency, security, permanence, and economy. This comparison chart clearly shows the difference between Genaro Eden and some traditional cloud storage service providers; the five characteristics will be explained in detail in the following articles.
Privacy: Users Control Access to their Data through the Private Key
Who has ownership of users’ data?
Data privacy has always been a problem that traditional cloud storage service providers have been unable to solve completely. As a service provider, a cloud storage company needs to permit some of its internal employees to have direct access to the users’ data. In some cases, the user agreement states something like:“We guarantee not to provide user information to third parties.”The implication is that as a storage provider, they can themselves legitimately make use of the data.
The Genaro Network believes that ownership of data stored by users belongs only to those users. No Genaro Eden design, development, operations or maintenance personnel can obtain the user’s personal data. This privacy is guaranteed by technology — Genaro Eden divides the user’s file into small pieces using encryption algorithms and performs redundant backups on different nodes. Imagine that your files are broken apart and scattered to countless bank vaults around the world. You are the only one who has the key to retrieve and reassemble the pieces. In Genaro Eden, the user is the only one who has the private key, so the storage service provider can never access a user’s information.
Efficiency: Selects the Optimal Node
Is it fast enough for users to extract or store data?
In traditional cloud storage, the speed of uploading and downloading often depends on bandwidth and the server’s response time. If there are many people accessing the server at the same time, a problem may arise that temporarily halts access altogether.
Genaro Eden uses the acceleration principle to find the nearest node with the highest bandwidth for users to store data. This feature is implemented by a clever piece of programming. In the Genaro storage network, the Eden client first performs a node rating based on the status of each node (online time, response time, busyness degree, etc.).Just like the evaluation systems used in online shopping services like Taobao, the system automatically selects a high-scoring node that has long online time and short response time. Considering about the node distance, the system will select the closest and highest quality node for users to store the data — thus maximizing the efficient operation of Genaro Eden. With the increase of network nodes, more nodes can be selected and rated, making the entire system automatically form the most efficient situation.
Secure: Shredded, Encrypted and Decentralized Storage
Is the data stored on the cloud really secure?
In September 2014, the iCloud accounts of many famous performers, mostly in the United States, were accessed and then shared online by hackers. This episode was so notorious that it still feels like it happened yesterday. In early March 2018, Apple users in China reported that their personal information was misappropriated by an Apple technical consultant and that they faced blackmail.
Genaro Eden encrypts the file after it is shredded and stores the pieces on different nodes. If there is a hacker attack, it will not be able to accurately locate the specific nodes, which is more secure than centralized storage.
Permanent: Redundant Storage, Multi-node Backup
Is the information stored on a cloud preserved forever? What happens if hackers successfully break a centralized cloud server or a natural disaster such as an earthquake occurs? What happens if the user’s data cannot be recovered?
Traditional cloud storage is centralized storage, meaning once the server is attacked, the user’s data will be irreparably lost. In addition, because the centralized server requires regular maintenance, a large number of users cannot access their own stored data during certain periods. For example, in March 2013, Google Drive had a sudden crash that prevented a large number of users from accessing the site. On August 16th in the same year, a Google server crash caused a loss of $550,000 in just 5 minutes.
Genaro is a peer-to-peer storage system. Even if it’s attacked, it will be protected from devastating loss due to its multi-node redundant backup. At the same time, since it is impossible to maintain all nodes at the same time, the data stored on the Genaro Network is relatively permanent.
Economics: Using the Sharing Economic Model to Ensure the Lowest Market Price
Why is the cost of traditional cloud storage expensive? Because it takes huge amounts of money to purchase enough large servers to store all user data, the maintenance cost is extremely high.
For Genaro Eden, since the nodes and spaces are mostly unused ones contributed by users in the mode of a sharing economy, the impact ought to be equivalent to that of Airbnb on the traditional hotel industry. The more nodes there are and the more users join the network, the bigger the scale effect, which in turns lowers the operating costs.
From the table below, we can see that Genaro Eden’s personal data storage cost is almost the same as Google Drive and Dropbox. With the increase of the number of nodes, the average cost will be further reduced.
However, it is worth noting that although this is a revolutionary technology, it is still a fledgling one. It requires constant learning, exploration, and continuous optimization of performance. This kind of development does not happen overnight but will be gradually deepened and improved along with the team’s growth, until Genaro Eden can surpass the traditional cloud storage giants.
- About Genaro Network -
The Genaro Network, the creator of the Blockchain 3.0 Ecosystem, is the first Turing-complete public chain that incorporates a decentralized storage network. Genaro’s original SPoR (Sentinel Proof of Retrievability) with PoS (Proof of Stake) mixed consensus mechanism aims to create a blockchain platform with a processing speed of tens of thousands of transactions per second, which opens the way for the technological shift to move data from centralized clouds to blockchain with decentralized storage. Genaro offers developers a one-stop combined platform for deploying smart contracts and storing the data needed for DAPPs, while also providing everyone with a more trustworthy Internet and a sharing community.
Official Website: www.genaro.network
Github: www.github.com/GenaroNetwork
Telegram Community: t.me/GenaroNetworkOfficial
