LAS VEGAS, United States, September 19, 2024, Chainwire
Blockchain storage layer Xandeum has introduced that it’s going to unveil its storage scaling plan at Breakpoint 2024 on September 20, 2024. On the flagship Solana convention in Singapore, Xandeum can even share particulars of its new liquid storage program and formally announce the launch of the XAND token.
Designed to beat the restrictions of the present Solana storage mannequin, Xandeum know-how will permit dapps to scale with a nearly limitless storage strategy. Solano will be seen as a “world laptop” and Solano accounts are its “RAM”. At Breakpoint 2024, Xandeum will share their imaginative and prescient of including “laborious drive” by their scalable storage layer, the lacking piece for a full world laptop. This innovation permits a Cambrian explosion of storage-enabled dapps.
The native sensible contract storage layer is “Xandeum buckets”, an exabyte+ scalable file system built-in immediately into Solana RPC (NYSE: ) nodes. The storage will probably be transferred to a decentralized community of a whole lot of hundreds of storage supplier nodes (pNodes), overseen by Solana validators powered by Xandeum. pNodes, validators and liquid stakers will obtain extra rewards in SOL because of extremely dynamic payment markets designed to optimize storage effectivity and profitability.
“A low-cost, decentralized storage answer will drastically increase the appliance surroundings.” says Tommy Johnson, early Solana builder, co-founder and chief engineer at Armada. “It could actually unlock a brand new supply of revenue for SOL validators and stakers. The Xandeum answer could have a big impact on the expansion of the Solana ecosystem.”
Extra particulars about Xandeum's Solana scaling answer will probably be shared at Breakpoint 2024. Moreover, Xandeum will use the occasion to announce its liquid storage platform. Set to launch on October 29, the platform will seize future Xandeum storage charges for xandSOL stakers. First time customers to guess with Xandeum will probably be eligible for elevated rewards as much as 10x with extra particulars at https://xandeum.community
As an occasion sponsor, the Xandeum staff could have its personal sales space at Solana Breakpoint 2024 in Singapore, with neighborhood members capable of be taught extra about key initiatives together with the liquid staking pool, XAND token and upcoming airdrops. The primary slide of the touchdown will happen on October 8, the launch of the XAND token is scheduled for October 29.
Xandeum's growth of latest storage primitives to boost the Solana programming mannequin will resolve issues with the present storage system, often known as “accounts”, which has confirmed inadequate to carry even a number of gigabytes per dapp. These restrictions threaten to stifle the expansion of web3 functions on Solana.
Xandeum lead developer Xandeum Labs has raised $2.8 million to construct its scaling answer and has seen important curiosity from the Solana builder neighborhood, with over 4 billion transactions accomplished on its neighborhood ninenet. Xandeum will assist a brand new wave of scalable web3 dapps whereas sustaining the safety and decentralization of Solana.
About Xandeum Labs
Xandeum Labs is a web3 startup devoted to constructing a scalable storage layer for Solana. As a significant contributor to the world's first liquid storage platform operated by XAND DAO, Xandeum has already raised $2.8 million from its neighborhood and is on monitor to launch the pNode community in early 2025.
Customers can be taught extra: https://xandeum.com
ContactBernie BlumeXandeum Labshiya@xandeum.com
This text was initially printed on Chainwire
