Mainnet - Accounting Network is officially launched YottaChain runs at a new speed for China's storage public chain

At 14:00 on November 18th, Beijing time, the YottaChain mainnet, the accounting network, was officially launched, and the Genesis Node, as the first node to be launched on the accounting network, began to run. Compared with the original November 20th, this time YottaChain not only fulfilled its promise, but also brought the surprise of being achieved ahead of schedule. Currently, 126 super nodes are being gradually connected, and the accounting network will be activated after all are completed.

        The code of the accounting network was also open sourced through GitHub on November 15. Users can now view the latest developments of YottaChain through the GitHub distributed version control system. At the same time, the YOTTASCAN blockchain browser (address: https://www.yottascan.io/ ) is officially launched. All super nodes, ecological nodes and YottaChain users can use the blockchain browser to query the overall network overview, transaction hash, block number, and account information.

        Since the test network was launched on June 29, the YottaChain team has been conducting meticulous technical polishing around usability testing, stability and security testing, and stress testing, continuously optimizing performance, improving system stability, continuously iterating and updating versions, and improving data heartbeat monitoring and other functions. Finally, a breakthrough was achieved, and the accounting network was launched ahead of schedule.

        In order to speed up the project progress and improve the efficiency of going online, YottaChain tries to reduce the engineering difficulty as much as possible, does not challenge academic problems, but builds everything on the basis of meeting commercial feasibility. With 20 years of rich experience and professional capabilities in the field of cryptography and 10 years in the field of storage, YottaChain has achieved the goal of crushing Internet giants such as AWS in core technical indicators such as data persistence, service availability, data consistency, disaster tolerance, and anti-DDoS attacks. It has established a data security system that is absolutely safe in both engineering and commercial sense, with a cost advantage of at least 50% lower than centralized storage, and as the number of users increases, the cost will be reduced by up to 90%.

        In terms of commercialization, YottaChain is starting to develop from the persistent storage and disaster recovery backup market, providing a standard S3 object storage interface, and plans to provide a NAS storage interface, which can seamlessly connect to the tens of billions of dollars of object storage and NAS storage markets. As early as July this year, YottaChain reached a strategic partnership for commercial applications with iSunTV, a new finance, new technology and new media company, and Fangzhi Technology, a leading A-share listed company that provides high-quality education resource services. At present, YottaChain's commercialization process has made another major breakthrough: it has reached a strategic cooperation with Synology China, the world's largest NAS equipment provider, and completed the initial test docking. The two parties will create data insurance services for users based on Synology series products and YottaChain's reliable, secure and low-cost blockchain storage; and reached a tripartite strategic cooperation intention with Hikvision, a world-leading video-centric IoT solution provider, and its core partners in the fields of home, SME network video surveillance, industry video solutions, etc., and will soon launch a series of network video surveillance, home, and SME video storage solutions based on YottaChain blockchain storage.

As a disruptor in the storage industry, YottaChain is committed to providing unlimited capacity, more reliable, safer and lower-cost data storage that is associated with the growth of the digital economy, building an application ecosystem in multiple dimensions, and doing a good job in the infrastructure of digital economic construction. In addition to vigorously implementing commercial applications through edge computing, biological genes, energy big data, the Internet of Things, artificial intelligence and other models of docking industry applications, Yotta Ecological Fund actively responds to national policies and is investing in the layout of the "blockchain +" ecology in accordance with local conditions with the support of local governments, providing a "passing lane" for traditional physical industries, and has successively landed data centers in Dongying, Shandong and Chengdu, Sichuan. YottaFund, which focuses on the upstream and downstream directions of the industrial chain such as blockchain storage, big data, and cloud computing, has invested in PolarChain, GTA Gene Chain, and Ystar.

With the unremitting efforts to refine technology and build a more complete ecological system, YottaChain has completed the transformation from a redefiner of blockchain storage to an advocate with professional capabilities. "Blockchain storage is YottaChain" has become a consensus among more people. At present, YottaChain has gathered 126 nodes and is developing 1,500 ecological nodes. The community has reached more than 2 million and is growing. In the blueprint of the blockchain storage ecology planned by YottaChain, the scale of digital users will reach hundreds of millions in the future.

Today, the main network - the accounting network has been launched ahead of schedule, which is actually four months ahead of the planned schedule of FileCoin, a similar project in the United States. YottaChain has taken the first step in the official launch of the world's first commercial storage public chain. Continuing this good start, the team will speed up the development process and is expected to launch the storage network ahead of schedule at the end of December.

        The Low Power Wireless Communication Committee of the China Communications Industry Association, the Blockchain Committee of the China Communications Industry Association, the WuChain Technology Committee of the Beijing Haidian Credit Industry Federation, the Central Chain Laboratory (Shenzhen) Co., Ltd., the National Economic and Security Laboratory (Shenzhen) Co., Ltd., the Digital Rights Trade Laboratory (Shenzhen) Co., Ltd. and the WuChain Engineering Technology Research Institute (Beijing) Co., Ltd. sent a congratulatory message to Shusheng Xingji (Beijing) Technology Co., Ltd. , the executive vice chairman unit of the Blockchain Committee of the China Communications Industry Association and the core code contributor of YottaChain, proposing to designate "November 18" of each year as "Distributed Storage Innovation Day" and expressed the hope that the industry will be united and seek common development in the future, so that blockchain technology can play a greater role in building a cyber power, developing the digital economy, and promoting economic and social development.

For YottaChain, an innovator in the blockchain storage industry, there is a long way to go, whether it is to transform the real economy with blockchain, or to lead the public storage chain on behalf of China, surpass the United States and occupy the commanding heights of IT core technology. However, for YottaChain, which is both steady and fast, it is confident of winning all of these.