CESS: The Star-Level Storage Revolution Explained - How to Join and Make Money
The#Storageand#DePINtracks have exploded in the past few days, and the market has finally turned to the big business scenario of storage. Back then,#FILand#ARwere still quite strong.Today we are going to talk about the star-level project @CESS_Storage that has not yet issued coins.This article mainly introduces the CESSIntroductionbackgroundProject HighlightsHow to participate (how to make money)1. What is CESS?CESS (Cumulus Encrypted Storage System) is a blockchain-powered Web3 decentralized storage and content delivery network (CDN) infrastructure. Both users and creators use the platform for on-chain data sharing, while builders can develop and deploy DApps.CESS provides optimized Web3 solutions for the storage and retrieval of high-frequency dynamic data, while ensuring data sovereignty and user privacy while reshaping the value distribution and circulation of data assets.CESS utilizes the Decentralized Physical Infrastructure Network (DePIN) model to promote large-scale deployment of network nodes around the world through incentives.CESS consists of four layers, from bottom to top: blockchain layer, distributed storage resource layer, distributed content delivery layer and application layer. The CESS consensus mechanism coordinates network resources and network load. It guarantees data security and integrity through proprietary technologies with Data Ownership Protection, Proof of Data Duplication and Recovery (PoDR²), Multi-Format Data Rights Confirmation (MDRC), and Proxy Re-Encryption Technology (PReT).2. BackgroundThe team has laid out DePIN and storage as early as 2019, and has won the global Web3 Hackathon championship. DWF, Web3 Foundation, etc. invested 8 million in them, and has a Harvard University + Forbes Council background. And the year before last, the American company behind#CESSrealized cash flow and supported itself by providing storage and DePIN services to enterprises.3. Project highlightsDePIN, a dark horse in the storage sectorDWF, Web3 Foundation, Huobi and others invested US$8 millionFirst place in Web3 Global Hackathon in 2019Together with FIL, AR, and IOTX, it belongs to DePIN, the storage sector, and will be issued soon.4. Participation methodsFor ETH holders: The most convenient way is to use ETH in exchange for their cloud computing power (similar to node mining). The cooperative cloud service provider will help you deploy and mine. After the mainnet is online in the future, it will be mined every day. Produce#CESSrewards.Currently, you can get 10% commission by inviting friends to subscribe.For developers and miners:You can build your own environment, meet hardware requirements, set up a public IP, and participate in their storage or consensus node plans. The configuration requirements and output rewards of the two are not the same. The official will announce the reward results on Twitter regularly.For community users and kolThe official is currently recruiting ambassadors and community managers. Anyone who is interested can participate.SummarizeAccording to the information currently available, CESS is likely to issue coins in the first half of the year. The current valuation is conservatively between 500 million and 1 billion, and there is not much circulation. Let’s see if there is an opportunity to join the three majors.There is financing, and it seems that the project side is not short of money. If you can do it, you can do it.