LAMB-Lambda Introduction Details
Lambda is a high-speed, secure and scalable blockchain infrastructure project. Lambda is the blockchain's data storage infrastructure with its own chain for billing, transactions, encryption, and access control. LAMB is the native token of the Lambda project and can be used to create memory and storage resources that consume nodes.
I. Project background
Lambda's main business on the B side is the cold backup of key enterprise data, and the cold backup of the database is backed up by the distributed storage deployed on the Lambda intranet. The customer backs up the data to Lambda, and the network periodically performs the data integrity proof and the data recoverability proof. Lambda's partners in the circle include IOST, DATA, distributed computing projects Ankr and Perlin, etc. Yifangyun is one of the initiators of Lambda and an important partner outside the Lambda currency circle. In terms of business promotion, the Lambda intranet deployment version has signed up 67 users in the insurance and banking industries.
The most important role in the Lambda ecosystem is the miners, which currently number more than 10,000. The staking space for access exceeds 300PB. Recently, the Lambda network has passed a proposal that the miners' LAMBS reward balance will be mapped to TBB, which will be upgraded from single-token to dual-token. Miners get 1TB of mining rights for every 1TB of storage they provide, and a miner pledge mechanism has also been added to the network.
II. Roles and responsibilities in the Lambda network
There are four roles in the Lambda network: storage miners (storage space providers), verification miners (ensure the integrity and security of data and package transactions) ), retrieval miners (providing download bandwidth), users (storage demander), and 1024 verification miners promoted from storage miners constitute the LambdaChain consensus network.
III. Lambda Chain Consensus Network
Lambda Chain Consensus Network is the basis for the operation of the Lambda network. It consists of 1024 verification miners (promoted from storage miners) and participates in elections through the VRF algorithm. Consensus nodes, and reaching consensus through the improved BFT algorithm, the main significance of the consensus network is:
1. The Lambda Chain consensus network acts as a trusted mechanism to ensure data integrity and security instead of the brand endorsement of centralized storage , and complete the relevant technical process of data security and complete verification on the chain.
2. A Marketplace (storage trading market) is built on the consensus network, which is used for storage miners to sell storage space and users to buy storage space. The value of data storage is determined by market demand.
4. How the Lambda network operates based on the Lambda Chain consensus network
1. In the Lambda network, storage miners provide PoST proof of time and space to the consensus network composed of verification miners, and the proof is generated regularly Set; a fixed number of validators are randomly selected by the VRF algorithm to form consensus participating nodes, and a consensus is reached on the submitted blocks through the improved BFT algorithm, and broadcast to the network to ensure data storage security.
2. During the Marketplace transaction process: storage miners mortgage hard disk sectors to the consensus network, place orders on the Marketplace and sell their own storage space; storage users initiate purchase requirements and complete storage requirements through the trading market. If it matches, the user stores the data in the storage miner's space.
In order to ensure data storage security and periodic fee settlement. The block information includes transfer transactions, transaction settlements, etc., and transaction settlements are provided on the chain.
