What is the decentralized storage system adopted by yotta
With the rapid development of Internet technology, it has brought us infinite wonderful and convenient life. At the same time, with the continuous improvement of 5g network, container cloud and high-performance storage hardware, data growth has entered an unprecedented stage of development
AR, VR, Internet of things, edge computers and other devices available everywhere generate a continuous stream of data, just like an open water pipe, the data source has been flowing out. The data generated will increase geometrically. At this time, the storage technology of blockchain will be demonstrated. A few years ago, there was an excellent IPFs project in the blockchain storage technology
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yottachain takes the blockchain as the underlying technology and develops a powerful incentive scheme for miners. With 1GB
of space invested by miners, yottachain can generate 5-10gb of storage capacity, which proces the miracle effect that the purchasing power of digital currency obtained by resource suppliers exceeds the resources they supply
performance
there are still some problems and deficiencies in the theory and practice of financial ecology, mainly as follows:
① the concept and connotation of financial ecology are not well understood. The concept of financial ecology lost the direction of financial ecology theory and the accuracy of financial ecology practice, which made the macro sector unable to start and the micro sector at a loss< (2) the basic principles of financial ecology are unclear. Many people use financial ecology, financial environment, financial mechanism and financial laws in combination, which leads to unclear objectives and channels of financial ecology, and it is easy to become a hodgepodge
③ the working mechanism and mode of protecting the financial ecology are unclear, and there is no standard for evaluating the state of the financial ecology, which makes the basis for specific research and investigation unclear< (4) e to the lack of knowledge and understanding of the scientific and forward-looking nature of financial ecology, many people do not know enough about the significance of the theory and practice of financial ecology, and some even think it is a kind of hype and catching up with the trend. This paper analyzes these four aspects in order to promote the development and unification of financial ecological theory
research
financial ecology is a bionic concept, and it is difficult to find similar terms in economic dictionaries. In China, Dr. Zhou Xiaochuan (2004) first extended the concept of ecology to the field of finance, and emphasized the use of ecological methods to study financial development. Shanghai Securities News exclusively launched the core content of the general report "China's urban financial ecological environment assessment" - the analysis framework of urban financial ecology
generally speaking, ecological environment is mainly a biological concept, which refers to the whole composed of various ecosystems composed of biological communities and abiotic natural factors, and has indirect, potential and long-term impact on human survival and development
according to this expression, the ecology of general things includes the sum of various relationships within and between systems, and is a dynamic and systematic organic chain. If we regard finance as a subsystem of social economic system, then financial ecology is an ecological chain composed of financial subsystem and other related systems, which is closely related to the sustainable development of financial instry
just as the survival and development of any creature in nature are determined by its own conditions and external environment, financial institutions, as a member of the social and economic system, on the one hand, the realization of its survival and sustainable development depends on its own system construction and management level
Yottachain: blockchain storage has an overwhelming advantage over the existing centralized storage (AWS / alicloud / EMC / Huawei) in the persistent storage market. The data reliability has been improved exponentially. It has excellent anti DDoS and disaster recovery characteristics, and the cost has been reced several times. Taking yottachain as an example, the details are as follows:
(4) when reconstructing the data of a failed node, it will be divided into many nodes to reconstruct at the same time to speed up the reconstruction speed. For example, if a fragment of 10000 files is stored on a failed node, it takes 0.5 seconds on average to rebuild a fragment (mainly for network transmission). 100 nodes are selected to participate in the reconstruction, and each node only needs to rebuild 100 fragments, with an average of 50 seconds to complete the reconstruction. As long as the other 30 nodes of the same file will not fail at the same time within 50 seconds, the file data will not be lost
(5) e to good rendancy and scattered geographical location, there is no need to worry about hard disk damage, operation and maintenance failure of indivial nodes (Tencent cloud lost user data e to operation and maintenance failure in August 2018), lightning weather (in September 2018, Microsoft's azure service in some areas was shut down for more than 20 hours e to lightning), power failure, optical fiber being cut off Data failure is caused by earthquake, fire and other reasons
(6) because the nodes are scattered and rendant, they are not afraid of DDoS attacks
Wang Donglin emphasized that the traditional IT infrastructure is composed of three parts: storage, computing and network. Blockchain itself has its own network, so IPFs is equivalent to storage plus network, but decentralized storage must have encryption, so encryption, storage, computing and network are necessary
yottachain is based on IPFs to build a decentralized blockchain with complete storage, encryption, computing and network.
