I didn't expect the mascot @irys_xyz to be so cute and for it to be such a hardcore project. The product's positioning is a data chain, which can be a bit difficult to understand; saying it's L1 might make it more familiar. 💡Alpha From the homepage, let's first mention some noteworthy Alpha: - More and more institutions are collaborating on data storage - The mainnet is approaching, with TGE expected in 1-2 months - No snapshots yet 📖 About the project itself Returning to the project itself, after spending 2 days on the technical documentation, I believe that the technical implementation of the project is something ordinary people really don't need to understand. Instead, it's easier to grasp when compared to products everyone is familiar with, so let's go straight to the visuals. Compared to traditional on-chain storage services, due to its earlier stage, most storage will face technical bottlenecks. For example, if you've used Filecoin, you know that its data upload and retrieval take a long time. However, for Irys, instant retrieval breaks through this performance bottleneck. The second point I think is particularly important is that Irys has programmable data with smart contract execution capabilities, which is something currently absent in all storage services. Just as Wall Street believes that Ethereum's decentralization can ensure security, the consensus guarantee at the protocol layer makes data financialization possible. Finally, looking at the partners, we currently have SCAI, Warden, and Brickroad. With the advancement of the mainnet, I believe there will be more partners, so stay tuned for innovations after tokenization 🧡🧡
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