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“Instead of having the bogged-down abilities of secure multiparty computation where all the nodes need to speak to each other, [our] mathematicians … and our technologists have figured out an elegant way to use two algorithms to be able to speak to each other that much faster,” Rubin said. Source
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Decentralized storage network Filecoin has partnered with Protocol Labs and other participants within the Web3 ecosystem to launch the Decentralized Storage Alliance. According to the announcement, one of the main goals of the newly formed alliance is to help Web2 enterprises transition to Web3 through education, advocacy and best practices.The Alliance
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The Decentralized Storage Alliance, launched in conjunction with the nonprofit Filecoin Foundation, will work to establish development standards that would help decentralized storage solutions meet the needs of enterprise customers, including making it easier for data centers to onboard onto a decentralized network. Working groups will be created to solve
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Filecoin Green, a Protocol Labs initiative designed to reduce the environmental impact of FIlecoin and make Filecoin verifiably sustainable, has spearheaded an initiative to power Web3 technology with verifiably clean energy. According to the announcement, the company is set to address the shortcomings of traditional carbon storage solutions by “marrying blockchain’s
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The iOS version of the app is expected to be launched soon. Original Source
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The promise of owning and managing one’s own data is revolutionary, creating increasing interest in Web3 platforms and applications. For instance, recent findings show that the Web3 market was estimated to be worth around $2.9 billion last year, yet this number is expected to reach $23.3 billion by 2028. Web3
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press release PRESS RELEASE. LABEL Foundation has announced that it has officially integrated with Binance Custody to take advantage of their highly secure cold storage solution. With this integration, LABEL’s native tokens can be kept safely as the $LBL is now supported by Binance Custody and the tokens are safely
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Filecoin Foundation and MuckRock Seek to Integrate Decentralized Document Storage Source
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As more of the world moves onto blockchains, it is becoming increasingly important that users are able to store large amounts of data cheaply and quickly on-chain. One team working to make this vision a reality is Bundlr, which announced a $5.2 million funding round on Wednesday for its bid
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