Why Stratos can be a Game-Changer that Can Bring Web 3.0 to Life !!

By N | N | 11 Oct 2021


 

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Decentralized digital assets like cryptocurrency or NFTs have not been around for very long, but the idea of a Semantic Web, a decentralized space where anyone can do anything with the network, is not a new idea. The concept of Web 3.0 talks about a fairer internet, where the individual who controls profits from their time and information.

Web 3.0’s decentralized blockchain protocol aims to connect individuals to an internet where they will own their data and will be compensated justly for its misuse. This decentralization is an ideal solution for the exploitative state of affairs on the internet these days, considering how power over information is concentrated in the hands of a few people.

However, concepts like DeFi and Web 3.0 sound great on paper, but are difficult to execute with efficiency. They require a solid, cross-platform, decentralized cloud data infrastructure which can carry complex data forms efficiently without resulting in absurd storage cost.

Currently, the most-used decentralized database solutions are clouds which cannot store and support different types of data comfortably. This makes the retrieval and storage of data slow and unsatisfactory.

This is why Stratos has come up with the ultimate decentralized AWS for blockchain and Web3. With its extremely decentralized infrastructure, Stratos provides the next generation data mesh tech for scaling dApps.

Stratos — Can this be the solution

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With unlimited decentralized storage, database and computations, Stratos combines functions of many other crypto platforms — it brings together the open-source and public digital payment and storage system offered by Filecoin and the end-to-end decentralized video streaming and delivery infrastructure from Theta and LivePeer, all meshed perfectly to make a strong data architecture that is scalable and balanced.

Considering the versatility and necessity of the use cases offered by Stratos, its low market cap gem has potential to grow exponentially. Its current market cap, 19 million is 300 times smaller than Filecoin and 20 times smaller than LivePeer — considering the fact that the features offered by Filecoin is just a fraction of what Stratos can do, one can imagine the scale at which the platform could grow.

This is because Stratos is not just another decentralized storage solution — they also offer exemplary decentralized CDN services. Video/audio content can be streamed at lightning-fast download and upload speeds using their blockchain — a recent demo showed how the unique capabilities of this platform is at a level that few other storage projects can match up to.

This is the final piece in the puzzle to bring Web 3.0 into life, along with the decentralized databases and computation networks that Stratos is developing currently.

A New Era of Decentralization

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While blockchain technology comes with the advantage of decentralized data security, it is not cost-efficient or fast enough to be sustainable for the masses. Stratos seeks to provide a secure, low-cost and democratized decentralized infrastructure for everyone involved in the blockchain community, from developers and miners to NFT creators and traders. The high-performing storage and database systems and the efficient computation networks benefit everyone involved.

But Stratos’ platform can do more — whether it is for design or development, even traditional industries can benefit well from the efficient and decentralized infrastructure. With the eventual commercialization of decentralized services, Stratos can pave the way for DeFi and cryptocurrency becoming the norm and not the black sheep in the world of money.

Stratos achieves this through their Proof of Traffic consensus mechanism. In this traffic-powered internet era, the volume of traffic and the number of active users matters more when it comes to measuring the value of online companies than just their profits and storage. Marketing teams are restructuring themselves entirely to focus on attracting and converting traffic into revenue.

Stratos uses traffic to verify the value provided by each node. This encourages all participating miners to maintain the effectiveness of the network while promoting durable and vigorous development and operations.

In this way, miners become part of three consensus mechanisms simultaneously — at the storage, computation and database level, they form resource nodes and become part of the Proof-of-Traffic mechanism. As a part of the Blockchain Nodes, they become part of the standard P-o-S mechanism. Finally, as a Meta Node, they have Proof-of-Authority and handles the coordination

This is exactly what Web 3.0 needs to come into fruition — the stability and efficiency of the supporting network is just as crucial as the quality of the apps available on Web 3.0.

What The Future Looks Like For Stratos

Considering its impressive repertoire of features, it’s no surprise that it attracted $1.83 million as part of its seed and strategic round in April. The STOS Token has been successfully launched in a Polkastarter IDO in June — it has been performing well since then and holding its own.

Stratos is also backed by some of the biggest venture capital firms in the business, including Fenbushi Capital, the first and most active blockchain VC in Asia, advised by Vitalik Buterin. Fundamental Labs, an early investor and supporter of projects like Coinbase, Binance, Filecoin and Polkadot, has also endorsed Stratos. Kinetic Vapital, Spark Digital, Bixin Ventures and DFG are just some of the other names who have backed up the super-powered decentralized data mesh architecture.

Stratos has already established many partnerships with NFTs, GameFi and DeFis to come up with advanced decentralized storage and CDN solutions — ColdStack, Firework Games and Amy Finance to name a few. Considering how Stratos’ decentralized storage is a perfect match for systems like GameFi, NFTs and Metaverse, the list of partners is likely to keep growing.

Discussions on product and technology adoption are already underway with traditional companies, including video and audio streaming companies with revenues over $100 million. These companies have a minimum of $10 million users and will benefit from Stratos’ decentralized, superfast storage and retrieval mechanisms. Since it is designed with a commercial architecture standard in mind, Stratos has use cases that can become widely popular — decentralized versions of streaming platforms like YouTube, Netflix or Apple Music can come to life, incubated and accelerated by Stratos’ Decentralized Infrastructure (D-Cloud)

October is set to be a big month for stratos. Stratos will make decentralized storage live this month, open to all prospective miners, developers and enthusiasts to test and store. The incentive test-net is set to be launched later in October, where miners can come on board the network and actively be a part of it. Stratos also has 2 CEX listings coming up, with one top 10 exchange.

Stratos will have its Decentralized Storage Mainnet live in Q1, 2022, and the database testnet in Q2, 2022.

The Team Behind Stratos

Stratos is built by a top-notch tech driven team from Canada with an average experience of over ten years in IT and enterprise-level architecture building. The developers have impressive careers, having worked for giants like Amazon, Huawei, Microsoft and CN Railway, to name a few.

Bin Zhu, founder and CEO of Stratos, is a serial tech entrepreneur famous for founding the cloud department for MindGeek, Pornhub’s parent company. As one of the top 3 internet companies with the highest traffic, Zhu led a team that built the entire data lake that now serves billions of users from all over the world. Under his leadership, the team enabled a system that can handle petabytes of data transmit and storage on a daily basis to generate more value and increase revenue.

With proven hands-on experience and the capability to develop enterprise-level decentralized infrastructure for builders, developers and users, the team behind Stratos has made it the ultimate decentralized scaling solution in the blockchain space. Now that Stratos is real and ready to go, we can look forward to what Web 3.0 can offer us in the future.

For more details follow them 

Twitter | Telegram Group |Telegram Announcement Channel| Medium | Discord | LinkedIn |

 

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