What are the advantages of the high-performance data chain IRYS? IRYS is a programmable data-centric blockchain, aiming for the permanent and programmable storage and processing of data. So, what advantages does @irys_xyz have as a data chain? 1⃣ Cost-effective and predictable storage costs IRYS reduces storage costs by over 90% compared to traditional blockchains like Ethereum or existing data chains like Arweave and Filecoin, making it 16 to 20 times cheaper. This is advantageous for storing large-scale data on-chain, allowing developers to scale without worrying about costs due to a stable and predictable fee structure. 2⃣ Utilization of programmable data IRYS does not just store data; it stores it on a programmable data chain. This means that IRYS can embed conditions like royalties and data usage rights into the data, making it usable on-chain. Thanks to this, data can be automatically executed or monetized with IRYS, and it is suitable for AI agents to learn and evolve using on-chain memory. 3⃣ High performance and scalability IRYS has proven to be a high-performance data chain by achieving 100,000 TPS on its testnet. This is 6,000 times faster than Filecoin and can serve as a high-performance data chain suitable for large-scale data processing. 4⃣ Diverse applicability of IRYS IRYS can be utilized in various Web3 industry sectors, including memory storage for AI, data storage needed for AI learning, data storage for DePIN devices, and various game data storage.
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