Provide unlimited storage capabilities. Lambda ICO rating – not rated.
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Ended ICO : 02/05/18 – 31/12/18
About Lambda ICO (token sale)
Lambda project is dedicated to providing a data storage infrastructure for blockchains and DAPPs and based on which it intends to offer storage and access capabilities of the decentralized cloud database. Moreover, based on scale-out and Sharding technology, it enables high-speed transactions; based on the trunk chain technology and cross-chain transaction verification, it enables cross-chain transactions, and data access and verification within the system; based on the Bridge Control Protocol (BCP), it enables the cross-chain communications with other chain systems. By providing a series of infrastructure capability services including block storage, file storage, object storage, KV storage, and table storage, which can be extended without limit, and fast network transmission – remote synchronization (rsync), Lambda makes it possible for DAPPs to perform data generation, computing, transmission, storage, and retrieving in an easy manner. Moreover, attribute encryption and agent encryption technologies applied in the project protect data privacy. Still, Lambda project is featured with flexible data structure, powerful programming interface, and efficient backup.
With the development of Lambda project, an increasing number of service capabilities such as distributed cache, distributed memory-sharing computing based on non-volatile memory (NVRAM), distributed relational database, and distributed MapReduce, will join in the network as parallel sub-chains to provide external infrastructure services through the platform of Lambda. Ultimately, a self-organized and self-managed data management system covering tens of millions of nodes will be established on the cloud, where all DAPPs can easily use APIs to save and inquire data. What needs to be specially pointed out is that since it does not need to undertake the extremely high organization cost of decentralized IAAS, this decentralized cloud database is born with high cost-effectiveness and capabilities such as off-site disaster recovery and intercontinental data sharing, which preliminarily establish a decentralized IAAS with capabilities in storage, computing, and network bandwidth. Taken the value exchange system provided by the blockchain network into account, Lambda will turn out to be a global infrastructure network with boundless space for imagination.
As a decentralized blockchain data infrastructure, Lambda does not benchmark against performance metrics in the centralized database. Due to the peer-to-peer distributed networking, Lambda cloud database is limited to several application scenarios for now. Thanks to Lambda’s advantages in open source, community governance, and verifiable economy model and mutual-trust mechanism, for today’s technicians, it can be used as a KV database (such as redis), document database (mongodb), and time series database (TSDB) – druid, starting from backup and filing scenarios, to save unchangeable data. In terms of business scenarios, Lambda is more suitable for circumstances where transactions are performed frequently and where a large quantity of data flow in and out with small variations. Lambda cannot only be used to save IoT and AI data but also KV data, log data, metrics and Event data, and feed stream data. Thus, Lambda cloud database can be applied to the back-end storage of data for decentralized services such as decentralized lotteries, low-frequency gambles, video websites, feed stream applications, blogs.