Blockchain data storage project Lambda launches test network

Lambda, a decentralized infrastructure project providing unlimited and scalable data storage capabilities on the blockchain, announced today the live launch of its test network (testnet) via Github.

Lambda’s Consensus network provides validators with the opportunity to utilize the platform and provide verification results to the storage proof. Next, Lambda plans to launch the marketplace on its Consensus network, followed by the storage system.

The early validator recruitment plan of the main network and the testnet also launched simultaneously to promote the rapid start-up and development of its decentralized storage infrastructure. The Lambda system provides FASTPASSKEY technology, enabling some stable miners and pool systems to process user orders faster.

Lambda’s blockchain storage project promotes internet decentralization creating a free, secure and open infrastructure. By utilizing unused disk space, Lambda provides storage through a distributed network generated by storage miners around the world.

The mining ecosystem is built around four key players including: storage miners, to provide storage space for users; retrieval miners, to provide bandwidth for users to obtain and recover data; validators, to verify the integrity of the data on the platform; and end users, who can store their data on the platform.

[perfectpullquote align=”full” bordertop=”false” cite=”Lucy Wang, co-founder and CMO of Lambda” link=”” color=”” class=”” size=””]“We are ecstatic to launch Lambda’s testnet on Github. Our team has worked diligently to understand the pitfalls of the decentralized storage marketplace and to develop a network that is truly unmatched in the industry. Protecting user data is of utmost importance and ensured through Lambda’s Proof of Data Integrity and consensus models. The testnet launch will prove another victorious milestone in our project’s progression.”[/perfectpullquote]

The Lambda blockchain infrastructure project also provides decentralized applications (DAPPs), cross-chain data management, data privacy protection, provable data possession (PDP), and distributed intelligent computing through logic decoupling and independent implementation of Lambda Chain and Lambda DB.