In today's digital era, the security and efficiency of data storage have become the focus of more and more companies and individuals. Lambda Storage Network (LWS), as an innovative decentralized storage solution, is gradually changing traditional storage methods. This article will introduce in detail the operating mechanism of the Lambda storage network, its main roles and the value of the LAMB token.
1. Lambda storage network architecture
Lambda storage network mainly consists of the following parts:
Consensus network: It is run by the consensus node (Validator) and participates in network consensus through the number of pledged LAMBs as weight.
Storage network: It is composed of storage miners (Storage Providers), responsible for storing user data and ensuring data security.
Decentralized storage market: It consists of a set of EVM contracts to provide users with standardized storage services.
In this architecture, data storage and blockchain ledgers are physically separated, and the hardware resources provided by storage miners assume the actual storage function of data.
2. Main roles and responsibilities
1. Consensus Node (Validator) The main function of the consensus node is to maintain the consensus network, package and produce blocks. Anyone can start a consensus node by staking a small amount of LAMB. The income of consensus nodes mainly comes from the following three aspects:
Increase the LAMB pledge amount of the delegator under this node.
Maintain node stability and continue to receive block packaging rewards.
Provide storage services to receive additional storage rewards (30%).
For detailed steps to start a consensus node, please refer to relevant documents.
2. Storage Provider Storage miners must first become consensus nodes. Their physical resources can be separated from the consensus nodes, but they must be at the same wallet address. Storage miners' earnings are related to their voting weight in the consensus network. In order to increase storage revenue, storage miners can:
Increase the amount of node self-pledge and user-entrusted pledge.
Provide suitable storage capacity and stable storage capacity.
Provide correct storage certificates according to the challenge requirements on the chain to ensure the accuracy of verification.
For detailed storage miner program startup steps, please refer to relevant documents.
3. Challenger & Verifier Challenger and Verifier are two roles in the LPDP algorithm. The challenger is responsible for generating random challenge seed data, and the storage miner generates storage proof based on this data. The verifier verifies based on the challenge seed and storage proof, and publishes the results to the chain.
The roles of challenger and validator are completely independent and can be performed by anyone. The system will provide incentives for these characters to cover their gas costs while receiving additional rewards.
4. Storage Market The storage market consists of a set of EVM contracts in the Lambda network. Users can use Lambda to store network access data for free, but if they need persistent storage, they need to pay through the Lambda Market contract. The storage price is determined by the system based on the idleness of the storage node, LAMB price and other factors.
Currently, the Lambda Foundation provides full payment and users do not need to pay storage fees.
5. Developer Lambda, as an EVM-compatible L1 public chain, has complete Dapp carrying capabilities. Developers can use the IPFS SDK or the API service provided by Lambda for data access. In addition, Lambda also provides a complete NFT data on-chain solution, including on-chain contracts, NFT MetaData storage, and full life cycle management of NFT issuance and transactions.
3. Value and Application of LAMB Token
LAMB token is the native token of Lambda storage network and is mainly used in the following aspects:
Staking: Users can participate in the consensus network by staking LAMB and become a consensus node or storage miner.
Pay storage fees: When users persistently store data in the Lambda storage market, they need to use LAMB tokens to pay related fees.
Incentive mechanism: Roles such as consensus nodes, storage miners, challengers, and validators can all receive LAMB tokens as rewards by providing services.
4. Summary
Lambda storage network provides an innovative solution for data storage, ensuring data security and availability in a decentralized manner. As the core of this ecosystem, LAMB token not only supports the operation of the network, but also provides rich incentive mechanisms for participants. With the continuous development of technology, Lambda storage network is expected to play a more important role in the future digital economy.
Through the above introduction, I believe you have a deeper understanding of the Lambda storage network and its LAMB token. If you would like to participate in this innovative storage solution, you are welcome to explore Lambda’s official documentation and community resources in depth.