Why does Little Golden Bean like IRYS? Why do you recommend everyone to actively participate in IRYS?
Because I think WEB3 needs innovative underlying infrastructure like IRYS.
Starting from the pain points existing in the current market, let's take a look at how IRYS stands out.
The first issue is the high storage cost: Compare traditional cloud services with existing decentralized storage solutions.
- The economic model is completely different: IRYS's one-time payment for permanence, decentralized redundancy, and on-chain execution disrupt the cyclical leasing model of AWS/GCP and the off-chain trust assumptions.
- Compared to Filecoin and Arweave, IRYS's pricing model is more stable, with costs directly anchored to physical storage rather than token fluctuations.
- The IRYS testnet pricing is 20 times lower than Arweave and significantly lower than Amazon S3 over a multi-year retention period.
- Extremely low cost: Currently, IRYS programmable data costs only $0.02 per chunk, and permanent storage is $2.5 per GB.
Secondly, there are performance constraints. The low TPS of the current solution limits the value expansion of data.
-IRYS throughput reaches 100,000 transactions per second, 6000 times faster than Filecoin, with retrieval speed at the millisecond level. These advantages enable AI agents to achieve long-term memory read and write without the need for off-chain databases.
-IRYS's Matrix Packing consensus mechanism is a significant breakthrough. Each 16 TB partition can be quickly verified and accessed, with data organized in a highly efficient and secure manner, similar to a library.
- Data provenance verification: Unlike AWS, the data source and license compliance are cryptographically verifiable, which is advantageous for highly regulated AI or RWA financial sectors.
The most critical solution to the problem of data being only statically stored: - Programmability advantage: The integration of computing + verifiable datasets in IRYS unlocks provably permissible training and agent memory sharing, which is difficult to achieve with other storage solutions.
- IRYS transforms static data into dynamic assets that generate revenue through a programmable data chain architecture.
For example, in the field of AI, developers can directly embed various smart contracts into training data through the IrysVM execution layer, leveraging smart contracts to unlock the value of AI data.
IRYS has changed the current market's static data storage model, allowing data to become dynamic and bring more new value. This significant innovation in the industry is key to standing out.
So Little Golden Bean suggests that those who have not participated in IRYS should definitely experience the testnet, engage in more interactions, and there will be rewards.
Galxe task link: Those who are skilled in creation can participate in the Kaito Yap and @Galxe #Starboard event.
It is also recommended that everyone join the official Discord, participate actively in events, and obtain special Roles, as there will be exclusive airdrops as well. @irys_xyz @cn_irys_xyz
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Why does Little Golden Bean like IRYS? Why do you recommend everyone to actively participate in IRYS?
Because I think WEB3 needs innovative underlying infrastructure like IRYS.
Starting from the pain points existing in the current market, let's take a look at how IRYS stands out.
The first issue is the high storage cost:
Compare traditional cloud services with existing decentralized storage solutions.
- The economic model is completely different: IRYS's one-time payment for permanence, decentralized redundancy, and on-chain execution disrupt the cyclical leasing model of AWS/GCP and the off-chain trust assumptions.
- Compared to Filecoin and Arweave, IRYS's pricing model is more stable, with costs directly anchored to physical storage rather than token fluctuations.
- The IRYS testnet pricing is 20 times lower than Arweave and significantly lower than Amazon S3 over a multi-year retention period.
- Extremely low cost: Currently, IRYS programmable data costs only $0.02 per chunk, and permanent storage is $2.5 per GB.
Secondly, there are performance constraints.
The low TPS of the current solution limits the value expansion of data.
-IRYS throughput reaches 100,000 transactions per second, 6000 times faster than Filecoin, with retrieval speed at the millisecond level. These advantages enable AI agents to achieve long-term memory read and write without the need for off-chain databases.
-IRYS's Matrix Packing consensus mechanism is a significant breakthrough. Each 16 TB partition can be quickly verified and accessed, with data organized in a highly efficient and secure manner, similar to a library.
- Data provenance verification: Unlike AWS, the data source and license compliance are cryptographically verifiable, which is advantageous for highly regulated AI or RWA financial sectors.
The most critical solution to the problem of data being only statically stored:
- Programmability advantage: The integration of computing + verifiable datasets in IRYS unlocks provably permissible training and agent memory sharing, which is difficult to achieve with other storage solutions.
- IRYS transforms static data into dynamic assets that generate revenue through a programmable data chain architecture.
For example, in the field of AI, developers can directly embed various smart contracts into training data through the IrysVM execution layer, leveraging smart contracts to unlock the value of AI data.
IRYS has changed the current market's static data storage model, allowing data to become dynamic and bring more new value. This significant innovation in the industry is key to standing out.
So Little Golden Bean suggests that those who have not participated in IRYS should definitely experience the testnet, engage in more interactions, and there will be rewards.
Galxe task link:
Those who are skilled in creation can participate in the Kaito Yap and @Galxe #Starboard event.
It is also recommended that everyone join the official Discord, participate actively in events, and obtain special Roles, as there will be exclusive airdrops as well. @irys_xyz
@cn_irys_xyz