Irys @irys_xyz is a programmable data chain that integrates low-cost storage, verifiable computation, and EVM compatibility // execution layer, fundamentally reshaping on-chain data infrastructure. Irys is not just a simple storage solution; it has built a unified network of "data + execution" // transforming data from "being stored" to "being actionable".
1️⃣ Key highlights include:
Permanent storage: One-time payment for permanent on-chain data // compared to Arweave's 20 times cost and Filecoin's 6,000 times speed bottleneck // Irys achieves storage costs as low as a few cents, ensuring data is never lost and does not require repeated payments. Imagine: NFT metadata, AI training datasets, or social content can all securely "live forever" on-chain.
IrysVM: EVM-compatible execution layer: Based on a fork of the Ethereum Virtual Machine, IrysVM allows smart contracts to directly read, modify, and execute on-chain data // developers can build dynamic applications without complex bridging — such as real-time coordination of AI models, automated verification of DePIN device data, or interaction of in-game assets. This transforms data from "passive records" to "active components".
Verifiable computation: Through hybrid consensus (PoW + staking), Irys ensures all computations are transparent and auditable. Miners must stake resources to prevent spam, and the economic incentive model maintains storage integrity, avoiding centralization risks. The result? 100K TPS throughput, supporting high-performance AI and cross-chain interactions.
#Irys #KaitoYap @KaitoAI @irys_xyz #Yap @josh_benaron
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