๐ ๐จ๐ป๐น๐ผ๐ฐ๐ธ๐ถ๐ป๐ด ๐๐ต๐ฒ ๐๐๐๐๐ฟ๐ฒ ๐ผ๐ณ ๐๐ฒ๐ฐ๐ฒ๐ป๐๐ฟ๐ฎ๐น๐ถ๐๐ฒ๐ฑ ๐๐ฎ๐๐ฎ ๐ฆ๐ผ๐น๐๐๐ถ๐ผ๐ป๐ ๐ Weโre thrilled to share our latest research insights on how decentralized data solutions are transforming the web3 landscape. In a comprehensive survey of 32 crypto leaders and developers we uncovered key findings that highlight the growing importance of decentralized data architectures. ๐๐ฒ๐ ๐๐ป๐๐ถ๐ด๐ต๐๐: ๐ Security & Compliance: 36% of respondents prioritize enhanced security, while 27% highlight regulatory compliance as crucial. These aspects are driving the shift towards decentralized infrastructure to ensure resilience and data sovereignty. ๐ฐ Adoption Barriers: Despite the benefits, significant hurdles remain. Transition costs (36%) and tool fragmentation (21%) are major barriers to widespread adoption, indicating a need for more integrated and cost-effective solutions. ๐ก Opportunities & Challenges: Blockchain data protocols are at a pivotal juncture, offering significant potential in AI, cloud infrastructure, and the data economy. However, simplifying the path to adoption and addressing the fragmented tool landscape are essential for growth. ๐๐ป๐๐ฟ๐ผ๐ฑ๐๐ฐ๐ถ๐ป๐ด ๐๐ฎ๐๐ถ๐ป: In response to these insights, weโve developed Basin, a decentralized data storage solution on Filecoin designed to meet the high-throughput and security demands of modern data systems. Key features include: โ Verifiable Data for Trust: Ensure data integrity with cryptographic security, making data tamper-proof and trustworthy. โก High Throughput and Availability: Basinโs architecture is designed for high performance, ensuring data is accessible whenever needed, supported by cryptographic proofs. ๐ธ Cost Efficiency: With a competitive pricing model, Basin allows projects to scale their storage needs without incurring prohibitive costs. ๐๐ผ๐ถ๐ป ๐๐ต๐ฒ ๐ ๐ผ๐๐ฒ๐บ๐ฒ๐ป๐: The future of data in the web3 space is poised for transformative growth, driven by innovations like Basin. As we tackle tool fragmentation and high adoption costs, your involvement and feedback are invaluable. Together, we can build a robust data infrastructure that meets todayโs needs and anticipates tomorrowโs challenges. ๐ See the full insights and learn more about how Basin is revolutionizing decentralized storage: https://lnkd.in/eCxVhgTx
Textile
Software Development
Mill Valley, California 434 followers
Help build data infrastructure for the decentralized web.
About us
Textile's mission is to accelerate the exchange of information on the Internet. We are a technology company focused on building tools that help developers leverage open networks, protocols, and blockchains.
- Website
-
https://www.textile.io
External link for Textile
- Industry
- Software Development
- Company size
- 2-10 employees
- Headquarters
- Mill Valley, California
- Type
- Privately Held
- Founded
- 2017
- Specialties
- IPFS, P2P, Web3, Distributed Systems, Golang, Filecoin, Blockchain, Decentralized Storage, Data Infrastructure, Ethereum, and Solidity
Locations
-
Primary
100 Shoreline Hwy
Suite 100, Building B
Mill Valley, California 94941, US
Employees at Textile
-
Brian Hoffstein
Creating culture and infrastructure for the harmony of the interworld
-
Marla Natoli
Technology, Digital Media & Marketing Leader. Diving in to all things blockchain, NFT, metaverse, web3, gaming
-
Sander Pick
Co-founder & CTO at textile.io and tableland.xyz.
-
Aaron Sutula
Generally curious
Updates
-
๐ ๐๐ถ๐๐ฒ ๐๐ป๐๐ผ ๐๐ฎ๐๐ถ๐ป: ๐ง๐ต๐ฒ ๐๐ถ๐ฟ๐๐ ๐๐ฎ๐๐ฎ ๐๐ฎ ๐ผ๐ป ๐๐ถ๐น๐ฒ๐ฐ๐ผ๐ถ๐ป ๐ Ready to utilize the future of decentralized data storage? Basin, built on Filecoinโs IPC framework, is designed for fast, scalable object storageโperfect for onchain applications, DePINs, and data-intensive projects like AI and machine learning. ๐๐ฒ๐ ๐๐ฒ๐ฎ๐๐๐ฟ๐ฒ๐ ๐ฎ๐ป๐ฑ ๐๐ป๐๐ถ๐ด๐ต๐๐: ๐ Leveraging FVM and CometBFT: Basin uses Filecoin Virtual Machine (FVM) and CometBFT for consensus, ensuring data verifiability and high throughput. Subnets enable efficient, secure horizontal scaling without cross-chain bridges. ๐ Subnets & IPC: Our architecture supports permissionless subnet creation, each with its own consensus algorithm, enhancing security and performance tailored to your needs. ๐ State Replication with CometBFT: Achieve fast, reliable state machine replication, ensuring data consistency and integrity across all nodes. ๐ Fendermint Integration: Enhanced scalability and features through ABCI++ integration, seamlessly incorporating FVM & FEVM for efficient data management. ๐ Advanced Object Storage: Supports S3-like interactions, allowing you to push and retrieve data with advanced queries in a content-addressable way. ๐ Accumulator Machines: Utilize Merkle Mountain Range (MMR) for verifiable state updates, ensuring data integrity and easy querying of state root, peaks, and total leaf count. ๐ฆ๐๐ฎ๐ฟ๐ ๐๐๐ถ๐น๐ฑ๐ถ๐ป๐ด ๐๐ถ๐๐ต ๐๐ฎ๐๐ถ๐ป: Currently in its alpha testnet phase, Basin is evolving with fortnightly updates. A more stable testnet is coming soon. Get started today with our CLI (https://lnkd.in/exSSimpv) and Rust SDK (https://lnkd.in/e6RguZ-S)! ๐ High Throughput & Availability: Designed for performance, ensuring your data is accessible when needed, backed by cryptographic proofs. ๐ธ Cost Efficiency: Our competitive pricing model allows projects to scale their storage needs affordably. ๐๐ฒ๐ฎ๐ฟ๐ป ๐ ๐ผ๐ฟ๐ฒ: Dive deeper into Basin and discover how itโs revolutionizing decentralized storage. ๐ Read the full blog post: https://lnkd.in/e-K4wvQe
An introduction to Basin: The first data L2 on Filecoin
blog.textile.io
-
๐ง๐ฟ๐ฎ๐ป๐๐ณ๐ผ๐ฟ๐บ๐ถ๐ป๐ด ๐ง๐ผ๐ธ๐ฒ๐ป ๐๐ป๐ฐ๐ฒ๐ป๐๐ถ๐๐ฒ๐ ๐ถ๐ป ๐๐ฒ๐ฃ๐๐ก๐: ๐ ๐ง๐ฟ๐ฎ๐ป๐๐ฝ๐ฎ๐ฟ๐ฒ๐ป๐, ๐๐ฒ๐ฐ๐ฒ๐ป๐๐ฟ๐ฎ๐น๐ถ๐๐ฒ๐ฑ ๐๐ฝ๐ฝ๐ฟ๐ผ๐ฎ๐ฐ๐ต Exciting news from the forefront of decentralized technology! We at Textile, in collaboration with WeatherXM, IoTeX, and powered by RISC Zero and Filecoin Labs, are thrilled to unveil a groundbreaking proof of concept that is set to revolutionize how DePIN token incentives are managed. ๐ช๐ต๐ ๐ง๐ฟ๐ฎ๐ป๐๐ฝ๐ฎ๐ฟ๐ฒ๐ป๐ฐ๐ ๐ ๐ฎ๐๐๐ฒ๐ฟ๐: In the Decentralized Physical Infrastructure Networks (DePIN) sector, the transparency of token rewards has often been overshadowed by centralized, opaque practices. Our latest initiative tackles this head-on by ensuring that contributions are verifiably and fairly rewarded. Through this approach, we aim to foster trust and empower contributors, aligning incentives with actual data contributions. ๐ข๐๐ฟ ๐ฆ๐ผ๐น๐๐๐ถ๐ผ๐ป: This proof of concept demonstrates a transparent workflow for token reward calculations using decentralized infrastructure: - ๐๐ฎ๐๐ฎ ๐๐ป๐ด๐ฒ๐๐๐ถ๐ผ๐ป: WeatherXM captures and pushes daily weather data to our decentralized storage layer, Basin. - ๐๐ฎ๐๐ฎ ๐ฃ๐ฟ๐ผ๐ฐ๐ฒ๐๐๐ถ๐ป๐ด: IoTeX's W3bstream processes this data with verifiable computing, ensuring accuracy and transparency. Here, Risc0's zkVM technology comes into play, providing a secure, verifiable computing platform that is crucial for the integrity of the process. - ๐๐ฎ๐๐ฎ ๐ฆ๐๐ผ๐ฟ๐ฎ๐ด๐ฒ: Finally, the data is securely archived on Filecoin, ensuring long-term availability and integrity. ๐๐ผ๐ฟ ๐๐ฒ๐๐ฒ๐น๐ผ๐ฝ๐ฒ๐ฟ๐ ๐ฎ๐ป๐ฑ ๐๐ป๐ป๐ผ๐๐ฎ๐๐ผ๐ฟ๐: Dive into the source code to explore how these technologies integrate to support a transparent and equitable data economy: https://lnkd.in/eGixZfNx We believe that this proof of concept not only showcases the potential of decentralized technologies to create fairer systems but also sets a new standard for how DePINs can operate with integrity and transparency. Read our detailed blog post to get a deeper understanding of our processes and the future possibilities this opens up: https://lnkd.in/e2EnmXCg Join us as we continue to push the boundaries of digital trust and collaboration in the decentralized world. Your engagement and feedback propel us forward!
-
๐๐ป๐๐ฟ๐ผ๐ฑ๐๐ฐ๐ถ๐ป๐ด ๐๐ฎ๐๐ถ๐ป: ๐ ๐ก๐ฒ๐ ๐๐ฟ๐ฎ ๐ถ๐ป ๐๐ฒ๐ฐ๐ฒ๐ป๐๐ฟ๐ฎ๐น๐ถ๐๐ฒ๐ฑ ๐๐ฎ๐๐ฎ ๐ฆ๐๐ผ๐ฟ๐ฎ๐ด๐ฒ We are thrilled to share the launch of Basin, a groundbreaking decentralized object storage solution. After extensive development, Basin is set to transform how AI/ML builders, decentralized compute networks, and DePINs innovate, collaborate, and grow. Learn more about Basin and join us at the forefront of data management technology: https://basin.textile.io/ ๐ช๐ต๐ ๐๐ต๐ผ๐ผ๐๐ฒ ๐๐ฎ๐๐ถ๐ป? Basin stands as the worldโs first data Layer-2 (L2) built on the robust Filecoin network, offering scalable subnets for fast and secure data storage. By creating a high-throughput data layer, Basin ensures persistent data availability and verifiable integrity across a decentralized network. Our platform is designed to dynamically manage data to adapt and scale with your evolving needs, seamlessly integrating with existing systems to enhance efficiency and scalability. ๐๐ผ๐ ๐๐ฎ๐๐ถ๐ป ๐ช๐ผ๐ฟ๐ธ๐ Utilizing a unique subnet architecture based on the Filecoin InterPlanetary Consensus (IPC) framework, Basin boosts data processing capabilities and scalability. This advanced architecture fortifies projects with enhanced resilience, ensuring continuous data availability and adapting seamlessly to operational demands. ๐๐ฎ๐๐ถ๐ป ๐ฎ๐ ๐ฎ ๐๐ฎ๐๐ฎ๐น๐๐๐ ๐ณ๐ผ๐ฟ ๐๐ป๐ป๐ผ๐๐ฎ๐๐ถ๐ผ๐ป Basinโs decentralized data management framework is meticulously crafted to meet current technological demands while paving the way for future advancements. The platform supports a variety of applications: โข ๐๐/๐ ๐ ๐๐ผ๐น๐น๐ฎ๐ฏ๐ผ๐ฟ๐ฎ๐๐ถ๐ผ๐ป: Facilitates secure, collaborative innovation and dataset monetization. โข ๐๐ฒ๐ฐ๐ฒ๐ป๐๐ฟ๐ฎ๐น๐ถ๐๐ฒ๐ฑ ๐๐ผ๐บ๐ฝ๐๐๐ฒ: Provides reliable data support for machine learning training and algorithm validation. โข ๐๐ฒ๐ฃ๐๐ก๐: Boosts transparency and fosters cooperation within decentralized networks. โข ๐ฆ๐บ๐ฎ๐ฟ๐ ๐๐ถ๐๐ถ๐ฒ๐ ๐ฎ๐ป๐ฑ ๐๐ผ๐ง: Ensures secure and accessible data storage, critical for smart infrastructure development. ๐ฅ๐ฒ๐ฎ๐น-๐ช๐ผ๐ฟ๐น๐ฑ ๐๐ฝ๐ฝ๐น๐ถ๐ฐ๐ฎ๐๐ถ๐ผ๐ป๐ Our collaboration with WeatherXM and IoTeX highlights Basinโs capability to enhance data collaboration and system decentralization. WeatherXM utilizes Basin for high-throughput access and secure long-term archiving, improving transparency particularly in reward systems. Similarly, IoTeX leverages Basinโs robust data flow for transparent computations and the generation of verifiable proofs, supporting programmable and distributed ecosystems. ๐๐ผ๐ถ๐ป ๐ข๐๐ฟ ๐๐ผ๐๐ฟ๐ป๐ฒ๐ Dive deeper into how Basin can transform your projects. We invite developers, data scientists, and tech innovators to explore Basinโs potential and contribute to shaping the future of decentralized data storage. Read our latest blog post on Basinโs impact and consider joining our private testnet to experience the capabilities firsthand: https://lnkd.in/erASZhdP
Textile - Basin
basin.textile.io