Sukhavati aggregates data access and enables Web3 network benefits

With the rise of social networks, mobile Internet and the Internet of Things, the explosive growth of Internet information has generated massive amounts of data, and the data volume has gradually evolved from the initial GB and TB to PB (1024TB), EB (1024PB) and even higher. The data type has also expanded from simple text to high-dimensional data, such as semi-structured data, image data, video data, and streaming data.

In the face of massive and highly concurrent data storage and computing needs, decentralized storage has emerged and has gradually become a common focus in the blockchain circle. Sukhavati, as a decentralized cloud service network focusing on storage, has also received widespread attention from all parties in the encryption field, especially recently Sukhavati announced the completion of a new round of financing of US$8 million, which will help the Web3.0 ecosystem quickly accumulate more valuable data.

Today we are honored to invite Sukhavati CEO Mindaugas Savickas to our Interstellar Vision Web3 Carnival Lab to explain to us "How Sukhavati aggregates data access and empowers Web3 network benefits."

The following is the relevant text information:

Interstellar Vision IPFSNEWS Gege: Please introduce Sukhavati to everyone first. Can you use a few keywords or a few sentences to summarize the main features of the project? What is the background of the project?

Sukhavati CEO Mindaugas: Sukhavati is a decentralized cloud service network with storage as its core. It consists of consensus layer, storage layer and application layer. The consensus layer is based on the PoS space proof/PoC capacity proof mechanism, which can directly reuse the computing power of some existing PoS/PoC protocols. The storage layer proposes EPoSt (Efficient-Proof-of-Spacetime) based on TEE (Trusted Computing Environment) to solve the verification problem of decentralized storage, and can incorporate massive low-power storage devices into the network.

Based on this, Sukhavati will build a decentralized data access gateway covering Web3.0 and Web2.0 storage services at the application layer, providing unified data storage, retrieval and management services for Web3.0 applications. Sukhavati's mission is to inspire and improve the blockchain distributed storage ecosystem, promote it to become the real infrastructure of the next generation of the Internet, and expand a wide range of application scenarios for the implementation of the Web3.0 vision.

Since the birth of the Internet and the Web, we have experienced the Web1.0 era where information is read-only and the Web2.0 era where everyone can produce information on social networks. With the birth of Bitcoin and the emergence of smart contract public chains such as Ethereum, the vision of Web3.0 has once again sprouted in people's minds.

The goal of Web3.0 is to make the Internet more decentralized, secure, and verifiable. The value confirmation, consensus mechanism, and incentive compatibility mechanism brought by blockchain have greatly promoted the realization of the Web3.0 vision, but it is still missing a key component from the real large-scale application, that is, large-scale data storage and retrieval capabilities.

In order to solve the decentralized verification problem of large-scale storage, Filecoin proposed a method of using zero-knowledge proof for verification. However, this method requires a lot of computing power, making the cost of application data storage very high and blocking a large number of small storage devices. This also results in a very concentrated storage distribution.

There are still many problems to be solved in the process of decentralized storage becoming practical. In the future scenarios of Web3.0 and the Internet of Things, a large amount of data will be generated. Web3.0 applications require a secure, highly available, low-cost, and low-power decentralized data access service. This is the background for the birth of Sukhavati.

IPFSNEWS Gege: Sukhavati is mainly composed of three basic layers: consensus layer, storage layer, and application layer. Can you give us a brief introduction to each of them? What are the positioning of these three parts?

Sukhavati CEO Mindaugas: At the consensus layer, Sukhavati uses PoS space proof/PoC capacity proof as the consensus protocol. Its feature is that after completing the initial initialization operation, only a small amount of computing and IO resources are needed to maintain a high-security consensus, allowing more resources to be used for other meaningful work, and preparing for the storage layer and application layer above it. At the same time, Sukhavati can also be compatible with the computing power of some existing PoS/PoC consensus protocols, using it as a basis for rapid startup.

At the storage layer, Sukhavati implements the EPoSt (Efficient Proof-of-Spacetime) efficient space-time proof mechanism based on TEE design. The storage node completes the proof of storage commitment in the two verification processes of LivingPoSt and WinningPoSt, and uploads the proof results to the chain to obtain incentives for the storage part. EPoSt fully utilizes the advantages of the TEE hardware architecture and rebalances performance and security. Compared with zero-knowledge proof based on pure cryptographic methods, the verification speed can be 100+ times higher. Thanks to this, a large number of long-tail low-power idle storage devices on the edge network, such as home NAS servers, can participate in Sukhavati's storage mining as long as their CPU supports TEE technology, giving full play to its low cost and P2P network transmission advantages.

Why TEE can support such a high verification speed? Let me briefly explain it with a picture that has been written into the white paper:

At the application layer, Sukhavati will build a decentralized data access gateway covering the Web3.0 storage ecosystem and Web2.0 storage services based on the local trusted computing capabilities of the nodes and the flexible expansion capabilities of the Substrate framework, using the storage layer as a medium, connecting various protocol islands, and providing Web3.0 applications with unified data storage, retrieval, and management services that meet compliance requirements.

These three basic layers correspond to different functions, and each layer is built on the basis of the previous layer. The development of the Sukhavati network is divided into three stages, starting from the most basic consensus layer and gradually realizing the vision of the ultimate decentralized cloud service network.

Interstellar Vision IPFSNEWS Gege: One of the core foundations of Sukhavati is storage. What do you think of the development of the storage track now? Why did Sukhavati also choose to join the storage track? Compared with the above projects, what are the differentiated positioning and advantages of Sukhavati?

Sukhavati CEO Mindaugas: Decentralized storage is the prerequisite for the implementation of Web3.0 applications. Currently, there are some representative projects in various segments. For example, in the contract-based storage track, there are Filecoin based on zero-knowledge proof and Crust based on TEE; in the permanent storage track, there is Arweave; in the distributed object storage track, there are Storj and so on. Most of the current projects in these storage tracks are still in the early stages of launch, and there are still many areas that need to be improved, whether in terms of ecological completeness, actual application costs, or the true realization of the Web3.0 concept, there is still a long way to go before they can be applied and used in practice.

Seeing the current development status of the storage track, as well as the problems and role gaps therein, we decided to establish Sukhavati Network with the goal of improving the Web3.0 storage infrastructure and joining in the construction of this ecosystem.

Unlike the projects mentioned above, Sukhavati aims to build a decentralized data access gateway covering the Web3.0 storage ecosystem and Web2.0 storage services, connecting existing storage protocol islands and providing unified data storage, retrieval and management services for Web3.0 dApps.

To achieve this goal, Sukhavati needs a broad and solid consensus layer. After research, we decided to start with PoS/PoC, which has the largest scale of hard disk mining, and quickly establish a solid consensus layer by reusing the existing PoS/PoC computing power, while covering the group with the largest hard disk storage space in the world.

Next, based on this, Sukhavati will give full play to the advantages of PoS/PoC consensus and the high efficiency of hardware-based TEE technology to establish a storage layer that can provide hot storage capabilities. Thanks to Sukhavati's overall design, any device that supports TEE technology can be added to the storage network to form a truly decentralized topology storage network. Since Filecoin is more suitable for cold storage scenarios, and Arweave is used to store permanent data with high value density, Sukhavati's hot storage layer can be used as a storage middleware in the Web3 ecosystem, sending storage content to different storage networks according to the different needs of dApps.

Interstellar Vision IPFSNEWS Gege: In addition to storage and mining, what other application scenarios does Sukhavati have?

Sukhavati CEO Mindaugas: In the early stages of Sukhavati, PoS/PoC mining at the consensus layer and storage mining at the storage layer will be the key to building a solid foundation. But in addition to these two, in the early stage, the hot storage layer will provide traffic distribution for the existing huge Internet CDN business, and in the middle and late stages, the node-based local trusted computing capabilities will provide a bridge for Web2.0 applications to migrate to Web3.0 and Serverless cloud computing services similar to AWS Lambda. These are all application scenarios that Sukhavati can serve. In the more distant future, we hope that the nodes in the Sukhavati network can participate in 5G networks and edge computing, and become reliable support nodes with efficient consensus and storage mechanisms.

Interstellar Vision IPFSNEWS Gege: From the perspective of the underlying public chain, distributed storage-related projects such as Filecoin, Arweave, and Sia are based on their own public chains. Will Sukhavati also choose to build its own public chain bottom layer?

Sukhavati CEO Mindaugas: Although Sukhavati is interpreted by the market as "storage middleware", it has always had its own main chain. This is similar to other distributed storage projects. Sukhavati's public chain itself also provides storage services to the market. After all the content that needs to be stored is uploaded to the Sukhavati network, the network can provide storage, retrieval and other basics. At the same time, it can distribute the content to other storage networks (such as Filecoin, Arweave) according to the different needs of the order to meet the diverse needs of web3 applications for data storage.

However, the underlying public chain of Sukhavati is different from most other public chains. Since it can directly reuse the computing power of the existing PoS/PoC network, the public chain consensus layer of Sukhavati is very efficient and environmentally friendly, and only consumes a very small amount of energy to provide a very secure consensus layer. In addition, the computing power can be expanded on a large scale in the early stage of launch, and while coexisting with the existing PoS/PoC protocol, it also brings new value and imagination space to these underlying mining equipment.

Interstellar Vision IPFSNEWS Gege: From a storage perspective, does Sukhavati have regulatory and compliance concerns?

Sukhavati CEO Mindaugas: Sukhavati was designed with consideration of the differences in local laws and regulations and the difficulties in regulatory compliance. It can proactively cater to supervision based on the node's local trusted computing technology, turning local laws and regulations into codes that can be reliably executed. This not only implements supervision, but also extends its capabilities, enabling it to conduct more fine-grained compliance management.

Interstellar Vision IPFSNEWS Gege: How is the Sukhavati project progressing so far? What stage has it reached according to the roadmap? When will it be launched?

Sukhavati CEO Mindaugas: The first phase of Sukhavati's mainnet has been developed and is currently in the internal testing phase. If this process goes smoothly, it is expected that the mining of the testnet can be successfully launched before September. In addition, the current erc20 token (erc-20) liquidity incentive plan will be put into the market in the near future. You can pay attention to the update plan in this area in the official channel.

Official website: https://sukhavati.io

Twitter:

https://twitter.com/Sukhavati_N

telegraph:

https://t.me/SukhavatiNetwork

Reddit:

https://www.reddit.com/r/SukhavatiNetwork/

Discord:

https://discord.com/invite/nhTd23PMSA

Interstellar Vision IPFSNEWS Gege: Regarding value capture, how is Sukhavati's token economic model designed? How does it incentivize users to hold tokens for a long time? What are the application scenarios of tokens?

Sukhavati CEO Mindaugas: The core of Sukhavati's token economic model is designed around the evolution and long-term stability of the entire storage network. The block rewards have different incentives for various participants at different times in the network.

In the first phase, i.e. the network consensus building phase, the main token rewards will be given to miners who contribute to the network consensus. At the same time, for the sake of long-term security and stability, a considerable portion of the rewards will be allocated to network miners who provide long-term pledges for their computing power.

In the second phase, during the establishment of the storage layer, in order to promote the evolution and development of the network, part of the rewards will be converted into storage mining rewards. In addition, there will be a reward pool in the early stage to reserve rewards for developers who contribute to the development of the ecosystem. Ordinary users can also participate in the funding of this reward pool to obtain a longer-term currency-based income.

The third stage is the launch of the application layer. In order to achieve the widespread application of the Sukhavati network, some senator nodes with important strategic resources will be established. After heavy investment in the ecology in the early stage, the corresponding entities can become governance nodes with special functions.

【About Mindaugas】

CEO and co-founder of Sukhavati. Mindaugas was fascinated by the core features of blockchain and decentralized Web3.0 solutions, so he entered the cryptocurrency industry many years ago.

Graduated from Harvard Business School, with more than 11 years of management and marketing leadership experience: built strategic marketing solutions for more than 40 global brands and technology startups, and effectively established and expanded product and marketing teams.

Prior to joining Sukhavati, Mindaugas served as CMO and co-founder of Rokkex (a crypto asset exchange) since 2018. He also served as CMO of FAST INVEST (a P2P alternative investment platform) and CMO of OXYGEN (a next-generation digital healthcare solution).

About Sukhavati

Sukhavati (SKT) is a decentralized cloud service network with storage as its core, which is divided into three basic layers: consensus layer, storage layer, and application layer. Sukhavati's design is guided by practicality and efficiency, and makes full use of existing equipment and hardware technology. On this basis, a decentralized data access gateway will be established, covering Web3.0 and Web2.0 storage services, providing applications with unified data storage, retrieval and storage management services that can meet local compliance requirements.

Sukhavati's mission is to inspire and motivate improvements to the distributed storage ecosystem, promote it to become the true infrastructure of the next generation of the Internet, and expand a wide range of practical application scenarios for the implementation of the Web3.0 vision.