Digital Currency News >LAMB > The future of Lambda tokens: evolution from decentralized storage to modular storage

Related Articles

ViewLAMBAll Articles
0
LAMB
0
Step 1: Enter the LAMB/USDT spot trading page
0
Step 2: Enter the order unit and quantity, then click Buy/Sell

The future of Lambda tokens: evolution from decentralized storage to modular storage

2024-09-08 18:41:13

Lambda will launch the Persistent Storage Data Availability (DA) network, utilizing Data Availability Sampling (DAS) technology to provide data sampling services for Ethereum’s permanent data availability layer. This transformation is not only a technological upgrade, but also an important step for Lambda in the blockchain ecosystem.


1. The evolution of Lambda: from decentralized to modular storage

Since its founding in 2018, Lambda has played a pioneering role in the storage and decentralized physical infrastructure (DePIN) space, particularly in data availability sampling (DAS) and long-term proof of data holding (LPDP). Lambda has received significant financial support from major investors such as Bitmain, quickly establishing a strong presence on major trading platforms.

By 2023, Lambda has developed into a modular blockchain ecosystem that supports the Ethereum Virtual Machine (EVM) and utilizes smart contracts for efficient storage settlement. In addition, Lambda has built a leading and thriving NFT ecosystem, with hundreds of well-known artists issuing hundreds of thousands of NFT assets through Lambda's blockchain and storage services.


2. Comprehensive upgrade to Ethereum Layer2

After three stable years of running LPDP technology, Lambda is undergoing a major transformation, transitioning from its proprietary consensus network to the Ethereum Layer 2 network. This strategic shift aims to enhance infrastructure capabilities and integrate deeper into the Ethereum ecosystem. The new Ethereum Layer 2 blockchain will be powered by OpStack and focus on persistent data availability to provide better services for applications involving rollups and artificial intelligence.

This transformation not only improves Lambda's network economics, but also enhances its compatibility, scalability, and security, simplifying development and maintenance. By using the PDP algorithm and zero-knowledge proof tools (ZKG) to ensure continuous data storage, Lambda will occupy a more favorable position in the future blockchain industry.


3. Lambda DAS service: Provides reliable data integrity proof for Ethereum’s permanent DA

In the Ethereum ecosystem, data availability (DA) will become a key focus in the next industry cycle. As DA, staking, and re-staking have become core themes over the next decade, decentralization, scalability, and security must be balanced against the scaling challenges of the blockchain trilemma. Rollups solve this problem by moving transactions off-chain.

Lambda leverages its existing LWS storage capabilities, combined with PDP and ZKG, enhances DAS verification and integrates multiple technologies to ensure persistent availability and integrity of data. This service can not only improve the operating efficiency of the Ethereum ecosystem, but also provide users with higher data security guarantees.


4. Asset Upgrade and Future Outlook

Lambda’s ERC20 LAMB token will be migrated to the new contract at a 1:1 ratio, with the new token name being $LAMBDA. The migration of $LAMB tokens already listed on centralized exchanges (CEX) will be gradual and all updates will be based on upcoming announcements and exchange notifications.

The upgrade of this token is not only a technological advancement, but also Lambda’s commitment to the future. With the launch of the persistent storage DA network, Lambda will provide users with more efficient and secure solutions in the field of data availability and storage services.


in conclusion

Lambda’s development history shows its leadership in the blockchain storage field, and with the upcoming technology upgrades and ecosystem expansion, Lambda will play a greater role in the future blockchain industry. The data availability and storage services provided by Lambda will become a trustworthy choice for both developers and users.

As technology continues to evolve and market demands change, Lambda will continue to explore innovation, provide better services to global users, and assist the development of blockchain technology.

Disclaimer:

1. The information does not constitute investment advice, and investors should make independent decisions and bear the risks themselves

2. The copyright of this article belongs to the original author, and it only represents the author's own views, not the views or positions of HiBT