jakiro
Author: Climber, Bitchain Vision Realm
Recently, the DEPIN track storage sector has risen significantly. The projects represented by Filecoin, Arewave, Storj, Siacoin have recorded new highs, and CESS, a newly received 8 million US dollars, has also been promoted by KOL many times.In this regard, many analysts believe that the market’s outlet has moved to the storage sector, and the storage department leading battle has launched.
Earlier, DEPIN was regarded as one of the most explosive potential tracks in 2024. MESSARI expects that the current total potential market in the field of DEPIN is about $ 2.2 trillion, and it may reach about 3.5 trillion US dollars by 2028.The data storage is particularly prospective. According to the wealth business insight, the centralized storage market is valued at US $ 217 billion in 2022, and it is expected to increase to more than $ 777 billion by 2030.
Regardless of whether DEPIN can erupt as scheduled, it is still an early stage at this stage. At this time, the risk of layout is relatively small.The storage sector is the first of the storage sector under the track segmentation. To this end, this article combines and analyzes the above five popular items, in order to find the value points worthy of attention from it.
1. Basic information
DEPIN refers to the use of blockchain technology and an infrastructure -related projects of encrypted economics. It aims to motivate individuals to allocate capital or unused resources to create a more transparent and more verified network. The goal isEffective extension trajectory.
In short, DEPIN is a collective name for a development narrative direction in a blockchain. It uses tokens to motivate the community (rather than a company) to build a physical infrastructure network (such as mobile, electric vehicle charging, telecommunications, etc.).
In the sub -industry in this field, distributed data storage refers to the centralized storage system inpeer to peer(“P2P”) Run on the network model, user -driven storage provider (“SP”) or miner allocationUnused computer resourcesAnd the project’s native currency earns compensation.
The following are 5 representative projects of the DEPIN storage department:
FilecoinThe
Filecoin is a decentralized storage network that acts as an incentive layer above the IPFS network.Filecoin uses idle hard disk space and bandwidth to provide data storage and retrieval services in open markets, so that anyone can participate in it as a storage provider and use the idle capacity of the hard disk to make a profit.
Features: Filecoin aims to store data in a decentralized manner.Unlike Amazon Web Services or Cloudflare, such as cloud storage companies that are prone to centralized problems, Filecoin uses its decentralized nature to protect the integrity of the data position, making it easy to retrieve and difficult to review.
The Filecoin system involves three parties: clients, storage miners and retrieval.These user groups interact closely with each other, complete transactions, exchange information, and use FIL for payment.
ArweaveThe
Arweave is a decentralized data storage protocol that allows data to be stored permanently and on its PERMAWEB.PermaWeb is a second -level network that allows data to be accessed by humans (such as through the web browser).ARWEAVE inspired data storage providers through AR tokens. The main network was launched in June 2018.
Features: Arweave allows users to store data permanently on the blockchain and only need to pay at one time. Therefore, it is very suitable for the Yuan universe, DESCI and social media project applications that need data preservation.
The form of ARWEAVE’s one -time payment and life also solves the tedious process of users who need to subscribe continuously.Arweave also promised to provide users with a storage service for at least 200 years.
StorjThe
Storj is an open source, decentralized cloud storage layer that supports developers to build data protection and privacy functions in their applications, and it uses decentralized node networks to host user data.The coordination between different parties in the StorJ tokens supports large -scale transfers in a large -scale transfer value in accordance with the goals (including non -variability, security, and third -party can be verified) in the network.
In the white paper released in December 2014, Storj was introduced to the world for the first time as a concept.Two years later, the updated white paper was released.Here is a decentralized network -users who need cloud storage space to connect with users who can be sold with hard disk spaces.The platform was launched at the end of 2018.
People with hard disk space and good Internet connection can participate in the network.They become a unit in the network called nodes.Space providers will receive a reward of the StorJ tokens.
Features: Unlike traditional cloud storage solutions that store data in large data centers, Storj runs on a network consisting of thousands of independent computers.Anyone who has an extra TB space can become a node on the platform by installing TARDIGRADE.What you need is a powerful and consistent Internet connection.
The efficiency of the network means that the cost of the host for data storage is much less than when using traditional cloud storage services.
SiacoinThe
Siacoin is a distributed decentralized cloud storage platform based on blockchain, which provides decentralized cloud data storage functions and a point -to -point market.Siacoin connects users who need file storage to connect to hosts that have not fully utilized hard disk capacity in the world. Compared with traditional cloud providers, they provide more reliable and affordable services compared to traditional cloud providers.The main goal of the project is to become the “backbone storage layer of the Internet”.
Siacoin was initially released in May 2014 and was launched in May 2015 after modification.
Features: According to its white paper, Siacoin’s long -term goal is to compete with existing storage solutions.It believes that it is competing directly with major cloud storage providers such as Amazon, Google, and Microsoft.Due to its decentralized nature, Siacoin can provide competitive storage rates.
The files stored on the Siacoin network are divided into 30 enclosures, and each section uploads to the only host to achieve redundancy.The protocol between the uploader and the console is recorded on the blockchain of Siacoin and is enforced using a smart contract.Siacoin is a payment method on the Internet. Tenners use SC to pay the host, and the host locks SC in smart contracts as mortgages.
Cumulus Encryphpted Storage System(CESS)),:,
CESS was established in 2019. It is a Layer1 -based Layer1, which is compatible with WSAM and EVM smart contracts. It supports encrypted native applications directly Launch on the CESS chain.It promotes data sharing, DAPP development and efficient networks on the chain through global node deployment.
CESS aims to be the first decentralized cloud storage network for enterprise -level business applications, which is based on the Substrate open source framework.A total of four layers of networks, including node types such as storage, consensus, cache, and retrieval, to provide users with efficient and convenient cloud storage services.
At present, users can provide storage space and hardware resources to become nodes. Mining gets CESS tokens awards. After the main network is online, CESS rewards are obtained simultaneously.
Features: CESS supports the data value of data in the network and free circulation/sharing of data value. At the same time, the user data privacy protection and absolute data of data are used to trust.CESS’s first decentralized object storage service (DEOSS) is the S3 in the field of decentralized storage.
The idle space certification mechanism (POIS), multiple backup can be restored to the storage certification mechanism (PODR²), and the SGX -based Tee Worker.
2. Data comparison:
From the introduction and business characteristics of the above five projects, it can be described as a thousand autumn. The common points are to deeply cultivate products and services on the decentralized storage track.But at this stage, the data performance of several dimensions in multiple dimensions is obvious.
First of all, from the perspective of project financing, Filecoin has received the most funds, with a total of $ 257 million in each round of financing, and the second is StORJ, which is 33.46 million US dollars. It can also be called a large project.Siacoin did not disclose financing information to the outside world, and it was bad that the blockchain company Skynet Labs behind Siacoin in August 2022 was closed because it was unable to raise more funds.
It is worth noting that in addition to the investment in well -known institutions such as A16Z Crypto, Pantera Capital, DCG, in the list, there areSam altmanEssenceCESS recently received $ 8 million in funds at the end of last year.
Secondly, from the perspective of market value, Filecoin is currently far exceeding other similar projects, leading the second place for more than 4 times.Arweave and Siacoin’s market value is similar, and there are currently no more than $ 1 billion.In addition to the CESS that has not been listed, the market value of StorJ is only about $ 300 million.
It can be seen from the two data of circulation and FDV that except Filecoin and CESS, the tokens of other projects have almost all entered the market, and there is no unlock pressure.But what needs to be noted, Siacoin has no maximum supply, so there may be inflation risk in the future.
Filecoin’s completely diluted valuation (FDV) offer is 4 times that of its market value (MC). It can be seen that the project has a lot of throwing pressure. In the long run, it needs to be discovered by value.
In terms of currency prices, as of the composition, FIL rose from nearly $ 2.7 in June 2023 to a recent high of $ 8.482, the increase214.8%; AR’s low point in October last year has risen to a high of 16.5 US dollars, an increase348.3%; STORJ has risen from a low of 0.191 last year to 1.233, an increase545.5%; SC has risen to high at a high of 0.00254 last year, 0.0193, the increase659.8%EssenceCESS has not been issued.
However, the status report in the fourth quarter of Filecoin released by MESSARI showed that many data of the project have gained a growth trend.The specific information is as follows:
Filecoin’s storage market continued to grow in the fourth quarter of 2023, and active transactions increased by 23%month -on -month.414% year -on -year increaseEssenceAt the same time, the storage utilization rate increased from 13%in 23 Q3 to 18%of Q4 in 23 years, while Filecoin’s storage capacity continued to decrease by 15%month -on -month.
As of the end of 2023, more than 1,800 customers have introduced data sets on Filecoin, of which 465 customers’ data sets have exceeded 1,000 TIB, an increase of 10%month -on -month and 196%year -on -year.In addition, since FVM was launched in March 2023, by the end of 2023, TVL has exceeded $ 230 million.
Arweave recently announced that it has achieved a number of achievements. According to its official website data, ARWEAVE’s total ecological transaction volume has reached 3 billion, and the overall TPS has reached 300+.In addition, the project’s main network has completed a total of over 140 million transactions and reached 884.32 GIB storage in a week.
StorJ’s official website shows that there are currently more than 16,000 event storage nodes worldwide. Storj achieved a year -on -year revenue growth of 226%in 2023. The storage data increased by 43%month -on -month and a year -on -year increase of 222%.The company is expected to continue to accelerate by 2024.
And StorJ CEO Ben Golub said: Project customer data doubles more than doubled in 2023, and the performance has doubled. Hundreds of billion objects have been stored in the network.Customer data.
Siacoin has been operating since 2015, and its software has downloaded more than 1 million times.In addition, since the birth of the Internet, thousands of TB data have been uploaded to the Internet.
CESS is currently in the test network stage, and the 12 -round test network has been upgraded.One of the test networks has attracted more than 6,300 nodes in collaborative development. At present, more than 40,000 nodes have participated in the test.The ongoing test network v0.7.5 adds nearly a thousand storage nodes to provide storage capacity of more than 6+ PIB.
3. Project progress
Because the global economy and encryption industry in 2023 is in the warming trend of beak -to -beef, it is not surprising that the data of various projects have risen compared to the past two years.The judging project requires more dimensions. In the past, how much substantial construction behavior of the project party can see whether it has a long -term pursuit.
FilecoinThe
In February this year, Solana and Filecoin completed the integration. In the future, Solana will use Filecoin to enable infrastructure providers, explorers, index preparators, and anyone who needs historical access to more conveniently and use its block history.
In October last year, the FileCoin development team Protocol Labs launched the Venture Studio program, which aims to use other technologies in FileCoin, IPFS, Libp2p, Ethereum and Protocol Labs to develop and support new startup companies to build breakthrough technologies.
In addition, the Uniswap community was approved by the “Uniswap V3” proposal on the “Filecoin virtual machine”.
In September, the privacy browser BRAVE and encrypted privacy currency ZCASH Agreement Development Company Electric Coin Company (ECC and Filecoin Foundation reached a cooperation to introduce new privacy functions for the Brave browser and its built -in wallet. And the Australian Victor Chang Heart Research Institute chose to choose fromFilecoin stores its research data.
In August, Longhashx, a subsidiary of Longhash Ventures, announced the cooperation with Protocollabs and Filecoin to launch FileCoin virtual machine (FVM) Genesis accelerator; in July, the mining machine manufacturer Bitmain announced the launch of Filecoin mining machines.
In the first half of the year, Filecoin launched Filecoin Web Services (FWS), which aims to build an open source substitute for AWS, Google Cloud and Azure.Filecoin virtual machine((FVM) In March, it was officially launched on Filecoin’s main web. The network was upgraded to the V18 nickname “Hygee”. Filecoin was programmable for the first time.
ArweaveThe
At the beginning of this year, Arweave launched AO and plans to start the test network on February 27.
However, in December last year, the Arweave community was about to split, and the founder Sam Williams threatened to file a lawsuit to support 90% of the middle parts of the ARWEAVE network.The current disputes are unreasonable.
In March, the ARWEAVE 2.6 version was launched, and the difficulty of mining and the outlet became stable.
In November 2022, Arweave was integrated into Meta, and the latter used ArWEAVE to store digital collections of Instagram creators.
StorjThe
STORJ’s project dynamics are rarely seen on the media platform. Most of the exposure is transaction information, which shows that there are multiple capital games behind it.
But last November, Storj launchedStorj Select: Provide safe and customized cloud storage solutions for organizations that focus on compliance.In October, Storj became the storage cloud platform for Adobe Premiere Pro.
In addition, in March, ANKR and Storj collaborated on the launch of the node deployment infrastructure CHAINSNAP. Chainsnap integrated ANKR’s blockchain data snapshot and Storj’s decentralized storage network, reducing the time required for node deployment.
In February, Storj launched a new version of Storj NEXT. The increased functions include pledge, permanent storage, etc. The new version aims to monetize the storage space that cannot be fully used.
It is worth noting that the maximum holder of Storj is upbit.
Siacoin:
In January of this year, Siacoin launched the Renterd V1.0 version.
In addition, in 2023, Siacoin S3 integrated with multiple projects, including IPFS, NextCloud, Duplicati, and S3FS.
CESS:
In January this year, CESS launched online incentive test network V0.7.6 version.In December last year, CESS completed $ 8 million in financing.
In addition, as early as 21 years of global web3 hacker contest, the CESS team proposed a solution called FMD-CESS and won the event championship project.And obtained three funding of the Web3 Foundation.In February this year, FMD-CESS won the first prize of the “Blockchain Development” section of the Boka Global Hacker Song Asia Pacific.
Conclusion
At this stage, from the perspective of the increase in currency price, Siacoin (SC) is659.8%The data is far ahead, and Filecoin (Fil) has increasingly increased in the encrypted Mavericks.However, from the degree of doing things and external expectations of the project party, it is clear that Filecoin is more expected, and even attracted Sam Altman’s investment.The exposure and discussion of Arweave on social and media platforms are also increasing, and StORJ is sought after by speculation funds.As for Siacoin, it is typical of the dull wealth.
Assuming that the DEPIN track becomes the mainstream narrative in the future, more capital and new forces will inevitably swarmed, and at this stage, there are five early -time projects in the storage sector.Who will laugh at the end, it depends on the project party’s deep cultivation of the storage business and the choice of external users.
