Flowcoin, the future outlook of the data age of the flow economy
Since the launch of IPFS on the mainnet, the distributed storage track based on FIL has been extremely popular this year. Especially at the time when the world is constraining Crypto, many countries have carried out ecological construction on distributed storage. It can be seen that distributed storage will become a new Internet application in the future era. What is distributed storage? Many people have not yet formed a specific concept of distributed storage.
Distributed storage was first proposed by Google, the purpose is to solve the data problems generated by Web access in large-scale scenarios through lower-cost storage solutions. Distributed storage adopts a scalable system structure and uses a distributed server storage solution to disperse the load of the data storage volume. This method not only solves the problem of traditional centralized data storage, but also greatly reduces the cost of operation and maintenance. . The essence of distributed storage is to form a larger storage space by aggregating the disk space on multiple machines to form a virtual storage device. For example, goods that could only be transported by one train are transported by multiple trucks, which not only improves the efficiency but also greatly improves the safety and stability.
In recent years, with the rapid rise of the traffic economy, the traffic network has become the main channel for the development of the Internet in the future. But with the development of the main body, more and more problems began to emerge. Do you often receive inexplicable text messages or website advertisement reminders? This already indicates that there is a problem with your traffic data. Whenever we go online, traffic data will start to be generated. These platforms are unable to complete the storage of data because they do not have equipment for storing traffic data. Data storage can only be carried out by cooperating with centralized data storage companies and paying high storage fees on a regular basis. There are problems with our traffic data. A large part of the reason is that these data storage companies sell our data to third-party platforms for private profit. At the same time, this type of centralized data storage company essentially stores data through a huge storage server. Once a server problem occurs one day, a large amount of data may be lost and cannot be retrieved. How to solve these problems will directly determine the future development of the flow economy. Flowcoin’s decentralized flow data storage solution is proposed for this innovation.
Flowcoin is a new data storage solution that uses blockchain technology to empower the flow economy network. The underlying basic connotation is to realize the decentralized storage of flow data through blockchain technology, and at the same time endow the flow data with higher transparency, inability to be tampered with, and inability to be used privately. Users can directly interact with each other in value and no longer rely on third-party grafting. Users who need storage can store their data by paying Flowcoin tokens to the miners in the market for storage. A user initiates the Put protocol by submitting a quote order to the storage market order book (that is, submitting the order to the blockchain). When a person from digital mining is matched with an inquiry order, the customer sends the data to the miner of digital mining, and both parties sign the transaction order and submit it to the storage market order book. Customers can decide the number of physical copies of their data by submitting multiple orders (or specifying replication factors in the order). The higher the degree of idle capacity, the higher the degree of tolerance for storage failure. When the user wants to extract the data, the user can retrieve any data stored in the DSN by paying Flowcoin Token to the retrieved digital currency miner. Retrieval miners retrieve the data and package and send it to users. Users can control their own data and enjoy the value generated by their data.
Flowcoin vertically increases the storage space of traffic data through distributed storage, improves the security and stability of traffic data storage, protects user data privacy, and reduces market entry barriers and operation and maintenance costs. With the development of the 5G era, the scale of the traffic system will become larger and larger, and the economic effects and commercial value it will bring are also immeasurable. For this large-scale data application scenario, the market urgently needs a more advanced technology flow data storage ecosystem as the underlying foundation, and Flowcoin will be the most reasonable solution under this system.
With the in-depth development of industrial digitization, the future digital economy will also strongly promote the changes of the times and inject new impetus into the development of the times. Distributed storage technology will also continue to give birth to new industries, new formats, and new models, accelerate the progress of human civilization, and help the development of society.
