INTRODUCTION TO SUKHAVATI
Everyone would agree that storage protocols are very important in crypto space. This can be seen through Storj, Arweave and others. You would also agree that with increase in activities in crypto storage space, there is an increase in user adoption which results in the need for an improved product delivery to the market. If ETH, SOL and DOT can coexist, Swarm, Sia and many other storage protocols can coexist as well.
We can envision dApps requiring a range of storage services. Some content might require immediate storage, certain information might require long-term storage, and some specialized storage applications might require zero-knowledge proof encryption on a big scale. How can this be solved?
This is where the Sukhavati storage layer comes in. dApp developers may easily use Sukhavati’s storage gateway to assist them manage the storage lifecycle of a product or service rather than having to access various storage needs one at a time. SKT’s storage layer can provide a valuable service to the web3 ecosystem.
WHAT IS SUKHAVATI?
Sukhavati is a decentralized cloud service network focused on storage. Its mission is to inspire and incentivize improvements to the distributed storage ecosystem and expand a wide range of application scenarios for the implementation of the Web3.0 vision.
What differentiates Sukhavati from other storage protocols is that Sukhavati aims to build a decentralized data access gateway covering both Web3.0 storage ecosystem and Web2.0 storage services, connect the existing storage protocol islands, and provide unified data storage, retrieval and management services for Web3.0 dApps.
Sukhavati can also act as a data “bridge storage provider” In other words, data storage on Arweave or Filecoin might be required in the future, just not right away. SKT’s storage layer will be less expensive to use than Filecoin and Arweave, and Sukhavati also offers the option to authenticate the material (through Content Identifiers, CIDs, stored on chain). Sukhavati is therefore better suited to developers whose projects, whether dApps or NFT projects, are still in the planning stages.
The benefits entailed in using Sukhavati includes:
- Low-Consumption:- The PoC consensus mechanism requires only a small amount of computing and IO resource consumption to maintain high security consensus, allowing most resources to be used for other meaningful work.
- Efficient:- The EPoSt mechanism makes full use of the advantages of the hardware-based Trusted Execution Environments (TEEs). Compared to purely cryptographic ZKP-based methods, it is 100+ times faster in terms of verification speed.
- Truly Decentralized:- Thanks to the efficient consensus mechanism, a significant number of devices at the network edge can participate in storage mining and provide trusted computing resources, giving full play to the advantages of decentralized network structure.
- Local Trusted Environment:- For the scenarios that do not make any change to the global consensus ledger, storage nodes can use their computing and bandwidth resources to provide trusted computing and network transmission services for users.
Sukhavati entails 3 layers. The consensus layer, storage layer and application layer. A brief highlight of what this means.
- Consensus Layer:- Proof-of-Capacity (PoC) and Efficient Proof-of-Spacetime (EPoSt) are used as the consensus mechanism. PoC can maintain high security consensus with a small energy consumption after the initial Seal operation.
- Storage Layer:- EPoSt consumes only a few computing resources to verify the storage and takes full advantage of the chip’s hard-to-crack feature to provide security for the consensus process. It consists of two challenges: LivingPoSt and WinningPoSt. Storage nodes can obtain storage incentives by continuously completing challenges.
- Application Layer:- Sukhavati’s storage layer provides a medium to establish a decentralized data access gateway covering both Web3.0 and Web2.0 storage ecosystems, to connect various protocol islands, and to provide unified data storage, retrieval, and management services for Web3.0 applications.
Sukhavati will create a storage layer that can provide hot storage by fully utilizing the high efficiency of PoS/PoC consensus and hardware-based TEE technology. Any device that supports TEE technology can be added to the storage network because of Sukhavati’s general design, resulting in a totally decentralized network.
Sukhavati’s hot storage layer can function as a storage middleware in the Web3.0 ecosystem, routing contents to different storage networks based on different needs of dApps. This is because Arweave is designed to store high-value density permanent data while Filecoin is better suited for cold storage scenarios.
To improve user convenience, Sukhavati Network supports BSC (Binance Smart Chain). Lower gas costs and a more seamless user experience for transferring and exchanging $SKT tokens are the results. In the future, Sukhavati Network will also introduce some new capabilities to BSC, removing any obstacles to $SKT’s widespread adoption.
MRHB DeFi Partnership with Sukhavati Labs
Sukhavati and MRHB DeFi both firmly think that decentralization and lack of trust are cryptocurrency’s most distinguishing characteristics. The technology that supports cryptography’s protocols must adhere to this paradigm if it is to have a bright future.
Marhaba DeFi and Sukhavati Labs Partnered to Bring Web3 to the World by including Excluded Communities. Marhaba DeFi is a Decentralized Finance Platform that promotes the true spirit of an “Inclusive DeFi”, where all communities, including the ones from the Islamic World, can benefit from DeFi.
All NFTs minted on the MRHB DeFi network will be stored in a secure and permissionless manner at a low cost on the decentralized Sukhavati network. The DeFi platform and NFT marketplace users of Marhaba will be able to fully trust that their data is safely stored on the Sukhavati storage network.
Early investors like AU21, Okex, LD capital, YBB, NSG and so on are also considered as Sukhavati’s partners. They have and will help them with marketing and branding, building the ecosystem together. Besides that, Sukhavati is in the Polkadot ecosystem as well as the storage track of block-chain and most PoC storage projects like Filecoin and Chia, can do multi-mining with them via the same equipment and miners.
In conclusion, Pseudonymity and Anonymity, Decentralized Virtual Private Network, and Decentralized Cloud Storage are three key pillars foreseen by Sukhavati to the impenetrable Web 3.0, in order to ensure that its core propositions of openness, trustlessness, security, and censorship-resistance can never be challenged by nefarious actors.
With these three Web 3.0 foundations in place, it’s believed that perhaps a brighter future where the freedoms of speech, assembly, and trade flourish without interference from governments or the unpredictable whims that have largely characterized Web 2.0 will be seen and experienced.
Learn more from the links below;
