CESS, has officially launched the Venus Testnet on July 31, 2024. This pivotal development marks a considerable step forward in decentralized storage, CD²N (content decentralized delivery networks), and AI integration, establishing new standards for data security, storage efficiency, and user experience in the Web3 ecosystem.
Pushing Blockchain Storage Technology Forward
The Venus Testnet signifies major progress in decentralized storage technology. CESS has continuously worked on updates and optimizations to build a strong infrastructure. Nicholas Zaldastani, Chairman of CESS, highlighted this achievement by saying, “Through continuous updates and optimizations, CESS has established a strong infrastructure position, addressing challenges in decentralized storage and CD²N. Setting industry standards is our contribution to the industry, advancing blockchain storage technologies toward maturity and broader applications. The launch of Venus Testnet underscores our dedication to pushing the boundaries of decentralized storage technology. We are excited to see how these innovations will drive industry standards and empower users with unparalleled data security and efficiency.”
Technological Innovations in the Venus Testnet
The Venus Testnet introduces several new features aimed at improving the performance and reliability of storage nodes. These include an optimized idle space proof algorithm that reduces the time required for generating random challenge proofs, an enhanced idle data generation algorithm that decreases memory usage by 50%, and an improved idle data recovery algorithm that accelerates the recovery of lost idle data.
Additionally, the Venus Testnet offers multiple storage node deployment scripts that allow efficient management of multiple nodes on a single device, simplifying operations for users. The redundancy multiplier for user data has also been increased from 1.5x to 3x, greatly enhancing data integrity and reliability.
Venus Testnet Upgrades for CESS-DeOSS
The Venus Testnet also brings significant enhancements to CESS-DeOSS. A new large file breakpoint continuation feature, along with a corresponding go SDK method implementation, ensures better handling of large files. Furthermore, a pluggable download cache module has been introduced to optimize cache space utilization, and a pluggable file storage scheduling module improves user file storage efficiency.
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Another key feature is the DeOSS proxy authorization feature in the SDK, which facilitates batch initializing and gifting of storage space. These enhancements aim to provide a more efficient and user-friendly experience, making the Venus Testnet a significant development in decentralized storage technology.
Incentives for Storage Nodes
The Venus Testnet offers generous rewards for storage nodes. A total of 60,000 points, equivalent to 6 million CESS tokens, is available for storage nodes, with rewards calculated based on their percentage of total mining rewards. This encourages active participation and contribution to the network.
About CESS
Cumulus Encrypted Storage System (CESS) is a blockchain-powered decentralized storage and content delivery network infrastructure designed for the Web3 era. It offers a platform for users and creators to share on-chain data, and for developers to build and deploy DApps. CESS provides an optimal Web3 solution for storing and retrieving high-frequency dynamic data, reshaping the value distribution and circulation of data assets while ensuring data sovereignty and user privacy.
By utilizing a decentralized physical infrastructure network (DePIN) model, CESS promotes the mass deployment of network nodes globally through incentives. This approach not only expands the network’s reach and capability but also ensures a high level of data security and efficiency.
Final Thoughts
The launch of the Venus Testnet is a significant event for CESS and the decentralized storage industry. With its array of technical advancements and improvements, the Venus Testnet sets new benchmarks for data security and storage efficiency in the Web3 ecosystem. As CESS continues to innovate in decentralized storage technology, it is set to play a crucial role in the evolution and maturation of blockchain storage technologies.
The introduction of the Venus Testnet is not just a major achievement for CESS but also a significant milestone for the entire industry. By addressing key challenges and offering groundbreaking solutions, CESS is leading the way towards a more secure, efficient, and user-friendly decentralized storage future. For more, tune into The BIT Journal.
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