THELOGICALINDIAN - PRESS RELEASE Decentralized accumulator is a acute basement in the abstruse acreage With the Filecoin mainnet barrage in October of 2024 Filecoin and IPFS are now arch the decentralized accumulator acreage One of the brilliant projects of the IPFSPolkadot ecosystem Crust Network proposes to apparatus key concepts of Filecoin based on the Substrate abstruse framework aural the Polkadot ecosystem and additionally abode several architecture and abstruse issues of Filecoin
After several circuit of centralized testing, Crust Network has launched its Decentralized Accumulator Market on Crust Apps and opened accumulator functions to users for accessible testing from the end of February.
Crust Preview Network, Apps and DSM
Based on the Substrate and PolkadotJS stack, Crust is architecture a decentralized accumulator network. Crust uses IPFS as the basal abstracts storage, retrieval and barter protocol, and includes layered solutions on accumulator proof, PoS-derived consensus, accumulator bazaar and accumulator applications.
The Band Maxwell Examination Arrangement was clearly launched on February 4th, 2021. As a examination network, Maxwell accouterments all of the amount mechanisms of Crust, including badge staking, Decentralized Accumulator Market (DSM), and book retrieval. Maxwell runs in a absolute bread-and-butter system, and participants can lock and affirmation their CRU (ERC20) tokens to the Maxwell arrangement for staking, accumulator and book retrieval from Maxwell. The mining acquirement in Maxwell is becoming by nodes, which can be claimed aback to the Ethereum network. More advice is accessible on the Crust Wiki.
At time of writing, according to the Polkadot telemetry, over 1,200 nodes from about the apple accept provided over 100 PB of accumulator accommodation as allotment of the Maxwell Preview Network.
“We’ve allocated a absolute of 540,000 CRU in rewards for users that participate in the Preview Network, and users can abundance and retrieve files, pale CRU, or run accumulator mining anon via our App“, explained Band CEO Bova Chen.
The Crust DSM (Decentralized Accumulator Market) is allotment of the Crust App, and allows accumulator users to abode accumulator orders on the chain. The files defined in a accurate accumulator adjustment will be stored and retrieved by nodes in the Crust Network. Crust users can anon abundance and retrieve their files through this system.
Bova gave an archetype of hosting a website in one bang via Crust Apps, streamlining the action of application decentralized website hosting. Hosting a website through Crust allows greater adaptability in bandwidth requirements, and eliminating the charge and accident of purchasing servers or bandwidth from acceptable providers.
“Now that Band Apps has launched on Crust, added developers will accompany us. The accumulator tab of the Apps Wallet is a acceptable sample of demonstrating how to use the accumulator network. The development association can accredit to it and body their own accumulator applications”, said Bova.
Besides the DSM App, Crust will absolution the DSM SDK/API to the accessible in the average of March. In addition, Crust will additionally set added incentives to animate developers to accompany and use the Crust SDK/API to advance high band accumulator accompanying applications in the blooming Web3 era of accumulator services.
The Crust Journey
The Crust activity was launched in 2024.
After continued appellation development, Crust Network successively abutting the Substrate Builders Program and Web3.0 Bootcamp, and additionally won the Web3 Foundation Grant.
In September 2024, Crust accomplished it’s Round A costs with NGC Ventures, SNZ, HashCIB, DFG, KNS Group and AU21 Capital.
From November 2024 to January 2024, Crust has auspiciously launched its incentivized accessible analysis net, “Profit Ark” , with 320,000 CRU tokens awarded to accumulator nodes broadly broadcast in Europe, Asia and North America.
Crust has affiliated to the Rococo parachain testnet.
Crust Network
CRUST provides a decentralized accumulator arrangement for the Web3 ecosystem. Crust supports assorted accumulator band protocols such as IPFS, and exposes accumulator interfaces to the appliance layer. Crust’s abstruse assemblage is additionally able of acknowledging a decentralized accretion layer, and is advised to body a decentralized billow ecosystem that ethics abstracts aloofness and ownership.
Timeline of Crust Network:
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