Textile

🌐 𝗨𝗻𝗹𝗼𝗰𝗸𝗶𝗻𝗴 𝘁𝗵𝗲 𝗙𝘂𝘁𝘂𝗿𝗲 𝗼𝗳 𝗗𝗲𝗰𝗲𝗻𝘁𝗿𝗮𝗹𝗶𝘇𝗲𝗱 𝗗𝗮𝘁𝗮 𝗦𝗼𝗹𝘂𝘁𝗶𝗼𝗻𝘀 🌐 We’re 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. 𝗞𝗲𝘆 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀: 🔒 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. 💰 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. 💡 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. 𝗜𝗻𝘁𝗿𝗼𝗱𝘂𝗰𝗶𝗻𝗴 𝗕𝗮𝘀𝗶𝗻: In response to these insights, we’ve 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: ✅ Verifiable Data for Trust: Ensure data integrity with cryptographic security, making data tamper-proof and trustworthy. ⚡ High Throughput and Availability: Basin’s architecture is designed for high performance, ensuring data is accessible whenever needed, supported by cryptographic proofs. 💸 Cost Efficiency: With a competitive pricing model, Basin allows projects to scale their storage needs without incurring prohibitive costs. 𝗝𝗼𝗶𝗻 𝘁𝗵𝗲 𝗠𝗼𝘃𝗲𝗺𝗲𝗻𝘁: 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 today’s needs and anticipates tomorrow’s challenges. 🔗 See the full insights and learn more about how Basin is revolutionizing decentralized storage: https://lnkd.in/eCxVhgTx

🌐 𝗗𝗶𝘃𝗲 𝗜𝗻𝘁𝗼 𝗕𝗮𝘀𝗶𝗻: 𝗧𝗵𝗲 𝗙𝗶𝗿𝘀𝘁 𝗗𝗮𝘁𝗮 𝗟𝟮 𝗼𝗻 𝗙𝗶𝗹𝗲𝗰𝗼𝗶𝗻 🌐 Ready to utilize the future of decentralized data storage? Basin, built on Filecoin’s IPC framework, is designed for fast, scalable object storage—perfect for onchain applications, DePINs, and data-intensive projects like AI and machine learning. 𝗞𝗲𝘆 𝗙𝗲𝗮𝘁𝘂𝗿𝗲𝘀 𝗮𝗻𝗱 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀: 🛠 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. 🌉 Subnets & IPC: Our architecture supports permissionless subnet creation, each with its own consensus algorithm, enhancing security and performance tailored to your needs. 📊 State Replication with CometBFT: Achieve fast, reliable state machine replication, ensuring data consistency and integrity across all nodes. 🔗 Fendermint Integration: Enhanced scalability and features through ABCI++ integration, seamlessly incorporating FVM & FEVM for efficient data management. 📁 Advanced Object Storage: Supports S3-like interactions, allowing you to push and retrieve data with advanced queries in a content-addressable way. 🔐 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. 𝗦𝘁𝗮𝗿𝘁 𝗕𝘂𝗶𝗹𝗱𝗶𝗻𝗴 𝘄𝗶𝘁𝗵 𝗕𝗮𝘀𝗶𝗻: 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)! 📈 High Throughput & Availability: Designed for performance, ensuring your data is accessible when needed, backed by cryptographic proofs. 💸 Cost Efficiency: Our competitive pricing model allows projects to scale their storage needs affordably. 𝗟𝗲𝗮𝗿𝗻 𝗠𝗼𝗿𝗲: Dive deeper into Basin and discover how it’s revolutionizing decentralized storage. 🔗 Read the full blog post: https://lnkd.in/e-K4wvQe

𝗧𝗿𝗮𝗻𝘀𝗳𝗼𝗿𝗺𝗶𝗻𝗴 𝗧𝗼𝗸𝗲𝗻 𝗜𝗻𝗰𝗲𝗻𝘁𝗶𝘃𝗲𝘀 𝗶𝗻 𝗗𝗲𝗣𝗜𝗡𝘀: 𝗔 𝗧𝗿𝗮𝗻𝘀𝗽𝗮𝗿𝗲𝗻𝘁, 𝗗𝗲𝗰𝗲𝗻𝘁𝗿𝗮𝗹𝗶𝘇𝗲𝗱 𝗔𝗽𝗽𝗿𝗼𝗮𝗰𝗵 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. 𝗪𝗵𝘆 𝗧𝗿𝗮𝗻𝘀𝗽𝗮𝗿𝗲𝗻𝗰𝘆 𝗠𝗮𝘁𝘁𝗲𝗿𝘀: 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. 𝗢𝘂𝗿 𝗦𝗼𝗹𝘂𝘁𝗶𝗼𝗻: This proof of concept demonstrates a transparent workflow for token reward calculations using decentralized infrastructure: - 𝗗𝗮𝘁𝗮 𝗜𝗻𝗴𝗲𝘀𝘁𝗶𝗼𝗻: WeatherXM captures and pushes daily weather data to our decentralized storage layer, Basin. - 𝗗𝗮𝘁𝗮 𝗣𝗿𝗼𝗰𝗲𝘀𝘀𝗶𝗻𝗴: 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. - 𝗗𝗮𝘁𝗮 𝗦𝘁𝗼𝗿𝗮𝗴𝗲: Finally, the data is securely archived on Filecoin, ensuring long-term availability and integrity. 𝗙𝗼𝗿 𝗗𝗲𝘃𝗲𝗹𝗼𝗽𝗲𝗿𝘀 𝗮𝗻𝗱 𝗜𝗻𝗻𝗼𝘃𝗮𝘁𝗼𝗿𝘀: 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!

𝗜𝗻𝘁𝗿𝗼𝗱𝘂𝗰𝗶𝗻𝗴 𝗕𝗮𝘀𝗶𝗻: 𝗔 𝗡𝗲𝘄 𝗘𝗿𝗮 𝗶𝗻 𝗗𝗲𝗰𝗲𝗻𝘁𝗿𝗮𝗹𝗶𝘇𝗲𝗱 𝗗𝗮𝘁𝗮 𝗦𝘁𝗼𝗿𝗮𝗴𝗲 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/ 𝗪𝗵𝘆 𝗖𝗵𝗼𝗼𝘀𝗲 𝗕𝗮𝘀𝗶𝗻? Basin stands as the world’s 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. 𝗛𝗼𝘄 𝗕𝗮𝘀𝗶𝗻 𝗪𝗼𝗿𝗸𝘀 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. 𝗕𝗮𝘀𝗶𝗻 𝗮𝘀 𝗮 𝗖𝗮𝘁𝗮𝗹𝘆𝘀𝘁 𝗳𝗼𝗿 𝗜𝗻𝗻𝗼𝘃𝗮𝘁𝗶𝗼𝗻 Basin’s 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: • 𝗔𝗜/𝗠𝗟 𝗖𝗼𝗹𝗹𝗮𝗯𝗼𝗿𝗮𝘁𝗶𝗼𝗻: Facilitates secure, collaborative innovation and dataset monetization. • 𝗗𝗲𝗰𝗲𝗻𝘁𝗿𝗮𝗹𝗶𝘇𝗲𝗱 𝗖𝗼𝗺𝗽𝘂𝘁𝗲: Provides reliable data support for machine learning training and algorithm validation. • 𝗗𝗲𝗣𝗜𝗡𝘀: Boosts transparency and fosters cooperation within decentralized networks. • 𝗦𝗺𝗮𝗿𝘁 𝗖𝗶𝘁𝗶𝗲𝘀 𝗮𝗻𝗱 𝗜𝗼𝗧: Ensures secure and accessible data storage, critical for smart infrastructure development. 𝗥𝗲𝗮𝗹-𝗪𝗼𝗿𝗹𝗱 𝗔𝗽𝗽𝗹𝗶𝗰𝗮𝘁𝗶𝗼𝗻𝘀 Our collaboration with WeatherXM and IoTeX highlights Basin’s 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 Basin’s robust data flow for transparent computations and the generation of verifiable proofs, supporting programmable and distributed ecosystems. 𝗝𝗼𝗶𝗻 𝗢𝘂𝗿 𝗝𝗼𝘂𝗿𝗻𝗲𝘆 Dive deeper into how Basin can transform your projects. We invite developers, data scientists, and tech innovators to explore Basin’s potential and contribute to shaping the future of decentralized data storage. Read our latest blog post on Basin’s impact and consider joining our private testnet to experience the capabilities firsthand: https://lnkd.in/erASZhdP