With the rapid development of blockchain technology, decentralized storage has become an important part of the current digital economy. Lambda Web3 Service (LWS) is an innovative solution designed to provide efficient and secure data storage services. This article will take an in-depth look at how LWS works, specifically the various roles associated with the LAMB token and their functionality.
How the Lambda Web3 service works
LWS consists of a consensus network, a storage network and a decentralized storage market. These components work together to provide users with a reliable data storage solution. In this system, validators are the nodes running the consensus network, and the number of pledges of $LAMB will determine its weight.
Storage Miners: Storage Miners, also known as Storage Providers, are responsible for storing and protecting user data in order to obtain storage rewards. It is worth noting that storage miners must first become consensus nodes. This means that only after becoming a consensus node can you further become a storage provider. Lambda's data storage is physically separated from the blockchain ledger. This process is completed by the hardware provided by the storage miner, which can actually be regarded as an outsourced data storage method.
storage market
The storage market consists of a series of EVM contracts on the Lambda network. The market treats the capacity of storage miners as a unified storage resource, provides customers with standardized LWS storage services, and trades at a unified price.
The main roles of LWS: The main roles of LWS include Validators, Storage Providers, Storage Verifiers and Storage Challengers. Each of these roles has different responsibilities and benefits.
Validators
The main responsibility of the validator is to verify transactions and blocks and maintain the stability of the network. Anyone can start a consensus node by staking $LAMB. The benefits of running a consensus node include:
Get more $LAMB staked from delegators.
Obtain block packaging rewards by maintaining nodes.
Earn an additional 30% bonus by providing storage services.
For more information on how to start a consensus node, please refer to the Lambda official documentation.
Storage Providers
The storage provider must first become a consensus node. Although the storage miner's physical resources can be separated from the consensus node, they must come from the same wallet address and use the same private key to participate in on-chain interactions. A storage miner's income is partially affected by its voting weight as a consensus node in the consensus network. Storage miners cannot operate independently because they have already proven their trustworthiness by becoming consensus nodes.
Storage miners can increase storage capacity according to demand, and the storage system of each miner is consistent, so unilaterally increasing storage capacity will not bring advantages. The data specified by the storage system is the data stored by each miner.
How to increase the income of storage miners?
Storage miners can increase their income in several ways:
As a consensus node: increase the number of pledged tokens of yourself or the delegator.
As a storage provider: Provide reasonable storage capacity, stable storage capacity and sufficient downlink bandwidth.
Provide correct proof of storage: Provide correct proof of storage as required.
Value and future of LAMB token: LAMB token plays a vital role in the Lambda ecosystem. As more users and enterprises choose to use LWS, demand for LAMB will continue to grow. This will not only bring potential benefits to holders, but will also further promote the development of the entire ecosystem.
in conclusion
Lambda Web3 service provides users with efficient and secure data storage services through its innovative storage solutions. With the widespread adoption of LAMB tokens, the future development prospects will be brighter. Whether as validators or storage providers, participants can find their own value and opportunities in this ecosystem. All this makes LWS an indispensable part of current blockchain technology.