The metaverse concept suddenly came to the public eye, the era of the flow economy is transforming

Flowcoin
4 min readAug 8, 2021

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According to the latest information, Facebook’s founder Mark Zuckerberg said in June: “Facebook’s future plan is not just social media, but a comprehensive platform with metaverse attributes.” With Zuckerberg After the concept was put forward on social media, many people began to wonder: What is the meta universe? What can the meta universe bring us?

The metaverse can be traced back to the science fiction novel “Avalanche” published by Neil Stephenson in 1992. Metaverse refers to the application and operation of virtual and reality linkage through a series of AR, VR, Internet and other technologies to realize the virtual world. A means of fusion with reality, metaverse realizes the mapping of reality to the entire virtual network by linking perception and shared 3D virtual space. Metaverse has five major characteristics: economic system, virtual identity, strong social attributes, open and free creation, and immersive experience. The four pillars of the metaverse are blockchain, network communication, display technology, and electronic games.

The metaverse does not only exist in virtual space. In the near future, the way of human interaction is not only to communicate through mobile phones and computer equipment, we will even become a series of whole-system scenes. At that time, you can enter and exit the space of the metaverse at will, and go wherever you want. Mark Zuckerberg announced that in the next five years or so, he will work with his team to build a metaverse theme company. He said that metaverse will be another Internet revolution, which will re-subvert people’s perception of the Internet.

According to current research, NFT is the most basic underlying support in the metaverse economic system. Only with the emergence of NFT can the user’s asset rights and interests be protected transparently and openly, so that the user’s assets participating in it can be safely guaranteed. With the rapid rise of metaverse, developers are slowly discovering two problems that metaverse applications urgently need to solve: 1. All assets in metaverse are intelligent, and how to protect data assets permanently and uniquely will be straightforward. Determine the security attributes for users to participate in metaverse construction. 2. Metaverse is a new world that requires a large number of users to jointly build and develop. This also means that users from all over the world will participate in it. The huge traffic data generated at that time will be devastating to traditional data storage servers. Load. Only by overcoming the two technical difficulties at present can we ensure that the development of metaverse will not be hindered.

However, the data storage on the market still uses the traditional centralized data storage solution. On the one hand, the centralized data storage solution obviously violates the decentralization idea in the metaverse concept, and there are many security risks. If the centralized data storage server is artificially attacked or used artificially, then the user’s data in the metaverse will face the crisis of being destroyed at any time, and the user’s proof of rights and interests is very likely to be problematic. On the other hand, traditional centralized data storage solutions cannot accommodate such a huge volume of traffic data. Moreover, the traffic data storage market has been in a centralized monopoly for a long time, and the storage price is very expensive and the transmission efficiency is slow, which cannot meet the huge volume of traffic data demand generated by the metaverse network.

In order to solve the problem of this phenomenon, a new value network Flowcoin based on the IPFS interplanetary file system is proposed. Flowcoin is a new interactive solution that realizes flow data storage through blockchain technology. It uses the characteristics of blockchain technology such as decentralization, data transparency, and non-human tampering and destruction to protect the absolute security of network data. At the same time, Flowcoin expands the vertical dimension flow data storage space by building virtual networks and physical storage devices, and provides ultra-high thickness and super-density flow data storage for the new Internet ecology. Flowcoin processes traffic data through fragmentation, which can provide huge storage space while protecting the privacy and security of traffic data. It provides an underlying foundation with high stability and high privacy for the ecological construction of metaverse, realizes the perpetual value of data assets, and makes it possible to expand the concept of metaverse.

As a relatively new concept, metaverse has been showing a rapid development trend in the encryption field recently, and more and more people have begun to understand and join this virtual reality movement. As more and more large technology companies around the world look at the layout of metaverse, metaverse is likely to redefine human perception of this concept in the future, which will promote the development of more industries and the economy, and let people re-understand The relationship between the virtual world and the real economy. And the emergence of Flowcoin has also removed the lowest level of application difficulties for the development of metaverse. I believe that in the future, with the overall outbreak of the flow economy, there will be more economic effects of linkage.

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Flowcoin
Flowcoin

Written by Flowcoin

FlowCoin, flow data storage creator

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