[POC]Lava - A Root-of-Trust and Top-level indexing for global storage

Lava
- A Root-of-Trust and Top-level indexing for global storage

What is Lava?
Lava is a digital and cryptographic infrastructure based on Proof-of-Capacity (PoC). Also, it embodies Root-of-Trust and Top-level Indexing mechanism for the global storage space.
PoC is a consensus mechanism with high security but low energy consumption, and of great fairness and openness. It is therefore conducive to building a stronger trustless on- chain ecology and assembling a wider range of consensus and value. Lava has adopted an improved PoC mechanism, namely Lava- Firestone, greatly relaxing the hardware barriers set to maintain a decentralized network, and making it easy and cost- effecient for anyone to utilize handy but idle storage devices to participate in block forging.
The whole ecology is designed for a complete close loop: Lava builds consensus from global storage space, and in return gives feedback to the space with the trust-value gained from consensus. The concept of “building” comes from the PoC consensus mechanism adopted by the main chain. It requires a large and distributed storage
networks to contribute “capacity power” to create Root-of-Trust on the blockchain. And the trust-value feedback, based on the decentralized trust facility, Lava, is widely used as a general and core open protocol for indexing and mobilizing global storage resources by third-party applications and services through such proven mature technical solutions as cross-chain extension, virtual token coloring, and distributed content-addressable storage networks.

About Lava
Consensus from Space
Lava Blockchain operates on Lava-Firestone, a Proof of Capacity (PoC)-based consensus mechanism. You prove to the network the storage capacity you hold, participate in the competition of block forging, and maintain the security and credibility of the whole decentralized network. As a permissionless and threshold-free consensus protocol, Lava enables you to participate in our consensus by contributing storage capacity wherever you are and whatever storage devices are in your hand. Lava is featured by such protocols of great openness that in return makes itself infinitely scalable.

Green Mining
PoC mining in Lava Blockchain does not consume electricity as in stereotypes. Rather, it relies on statically stored data, with no high-powered computing devices required. One percent of power consumption merely will be enough for PoC protocol network to achieve security equivalent to that of PoW. What is more, as PoW will inevitably go ASIC, which as a result weakens the degree of system decentralization. PoC protocol, however, has naturally bypassed such problems by working on mining blocks with storage devices.

Meaningful Storage
Lava Blockchain has all the way been refining and presenting a powerful consensus practice from global storage space and become a trust infrastructure for distributed social collaboration. But it doesn't stop there: Thanks to the growing maturity of cross-chain communication technology and the ever-increasing scale of distributed content-addressable storage networks, Lava can come with decentralized storage applications that help feed trust value into social value. In the future, Lava will in stages build a master protocol based on Layer 2 Embedment and Underlying Indexing, and support all distributed content-addressable storage networks to be embedded into the Lava mainchain in the form of Layer 2.

Info
Website
https://www.lavatech.org

Block Explorers
http://explorer.lavatech.org/

White Paper
https://www.lavatech.org/en/pdf

Twitter
https://twitter.com/LavaConsortium

Facebook
https://www.facebook.com/LavaStorage/

Medium
https://medium.com/@Lavatech

Github
https://www.github.com/lavaio

Telegram
https://t.me/lavatech

QQ group
869133068

discord
https://discord.gg/ddEhBPp

Lava Specifications
Mining alhorithm:Shabal
Blocktime:4 min
Max Supply:332,800,000 LV
Block Reward：640 LV if a Firestone is consumed by the miner, or 320 LV if not; Halving period: 260,000 Block Height (which last approximately two years);
Lava mainnet officially launched:28-Aug-2019
Premine：
·Tech team 2%;
·Community development start-up fund 2%;
·Lava Foundation, for mid to long-term ecology development 3%;
······Total 7%

Lava Mining
Pools
www.168pool.com
www.b3pool.com
www.onepool.co

-About:
Lava Plotting & Mining Instruction：https://github.com/lavafy/testnet/blob/master/Lava-Plotting-and-Mining-Guide-EN.md
Lava-Miner-Guide-EN：https://github.com/lavafy/testnet/blob/master/Lava-Miner-Guide-EN.md
Lava Full Node (Lava Core) Guide：https://github.com/lavafy/testnet/blob/master/Lava-Full-Node-Guide-EN.md
A Guide for Lava Firestone：https://github.com/lavafy/testnet/blob/master/Lava-Firestone-Guide-EN.md
A Guide for Lava Binding Mechanism：https://github.com/lavafy/testnet/blob/master/Lava-Binding-Guide-EN.md

Events | PoC Emerging Project LAVA will Open Source on this 16th Day

According to LAVA official news, LAVA will open code source on the 16th of this month, which will later be released on Github. In the early stage of the launch, the LAVA team has clearly stated that it will open source after product moving online. The source opening this time will greatly promote the overall ecological development of LAVA. It is also hoped to attract more open source developers to join the LAVA community to co-build the LAVA ecosystem and develop infrastructure for global storage.
Lava is a fully decentralized PoC project. The entire network computing power is without limits. Lava’s vision is for itself to become a root of trust and top-level index of the global storage spaces, positioning to develop into a meaningful storage infrastructure and supporting applications and services based on decentralized storage networks.

Telegram: https://t.me/lavatech
Twitter: https://twitter.com/LavaStorage
Lava official website: https://www.lavatech.org/

Sort Order:

Trending

[-]

admcoininfo (25) · 5 years ago

$0.00

Q & A about LAVA

Q：What is PoC?
A：PoC is an abbreviation of Proof-of-Capacity. Capacity here refers to hard disk capacity.

Q：What makes PoC different from Proof-of-Space？
A：Actually, Proof-of-Space is an old term which basically means the same with PoC. Since the abbreviation of Proof-of-Space (PoS) coincides with that of Proof-of-Stake (also PoS), PoC is then commonly adopted to represent the Proof-of-Capacity. Normally speaking, PoC=Proof-of-Capacity=Proof-of-Space, but Proof-of-Space is not that commonly used now.