"Filecoin Narrative Cocoon, Story Collapse in the Middle Way, Where Does Data Chain Go?" 》 —— The vernacular deconstructs the @irys_xyz of Datachain introduction Infrastructure construction lagging behind technological innovation is an unavoidable problem in the evolution of human civilisation, and the infrastructure of the old technology system cannot carry the demand for innovative technology. The Internet has broken through the limitations of dial-up connections, streaming has replaced traditional cable TV, cloud computing has subverted the design, distribution and use of software, and new infrastructure has unleashed the full potential of technological innovation. The same situation will happen in the data layer of web3. Encrypted data is a potentially valuable asset class, but current data layer protocols such as @Filecoin / @ArweaveEco / @StoryProtocol face an impossible triangle: programmability, verifiability, and high cost efficiency. @irys_xyz gives a feasible solution to break through the impossible triangle. < deconstruct @irys_xyz> @irys_xyz's core positioning is a data chain that focuses on data storage and unlocking data value, and is also a sovereign Layer 1 with independent consensus. Deconstructing the technical architecture of Irys in the vernacular: Irys = uPoW & staking Hybrid Consensus + IrysVM + Efficient Sampling <Irys vs. Filecoin> Question 1: One of the problems of @Filecoin is that miners are allowed to commit to unlimited data storage, which leads to excessive resource expansion and profit compression under vicious competition among miners, which affects the stability of the system. @irys_xyz proposed a hybrid consensus mechanism for uPoW & staking that balances the supply of data storage and miner incentives to a certain extent. uPoW requires miners to verify the data partitions they maintain by generating cryptographic storage proofs, generating blocks, and receiving corresponding rewards. Under the staking mechanism, miners need to stake a certain amount of $IRYS tokens as collateral, and if they cannot perform their duties as data storage, their staked assets will be slashed. In short, @irys_xyz reduces the likelihood of vicious competition and subjective evil by miners by introducing economic penalty constraints. Question 2: The second problem with Filecoin is that it is not data programmable. FVM virtual machines cannot natively access stored data and work with data to unlock value. @irys_xyz Implement programmable data based on IrysVM, realising the integration of on-chain computing functions and data layers, which means that smart contracts can query, retrieve, and modify stored data in real time, unlocking more use cases. Such as enforcing ownership, automating royalty payments, managing access rights, and efficiently verifying any predefined instructions in smart contracts. <Irys vs. Story> Question 3: @StoryProtocol does not store the full IP assets on-chain, only metadata. Story only stores metadata and does not store the asset itself, which is typically stored in IPFS, which inadvertently introduces trust risk. @irys_xyz stores assets intact on-chain, eliminating trust risks for third parties. Based on an efficient sampling mechanism, @irys_xyz ensures data verifiability, greatly optimising the validation process and ensuring that data is always trusted and accessible, all without sacrificing performance. By deconstructing Irys, one conclusion can be drawn: the technical architecture of Irys can make up for the shortcomings of existing data storage protocols, making the narrative of Datachain still sexy. <写在最后>. . AWS unlocks up to $100 billion in business, with the core of unifying databases, data storage, and computing into a single system to work together; From this perspective, @irys_xyz is like the web3 version of AWS, based on its Datachain architecture to transform data into a verifiable, composable, and monetizable resource, unlocking the huge potential value behind the data.

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