An user-friendly infrastructure for distributed data storage and transfers.
Learn more! 🧵👇
(01/10)
PIPE is built by @Tanglehub_eu and immutably stores and transfers any type of data.
Whether you need edge micro-storage or operate high-frequency + high-bandwidth applications, PIPE solves the problem of how to store and transfer any amount of data!
(02/10)
Possible use cases? You can use PIPE to
🔹 keep your data private
🔹 share your data with someone
🔹 sell your data on a data marketplace
It's all about maintaining control over who has access to your data! 🔐
(03/10)
The project team just revealed that the product's demo performance has exceeded their expectations!
They are confident in creating the best performing decentralized data storage system on the market.
(04/10)
With PIPE, a single message anchored on #IOTA's L1 provides anyone with as much decentralized storage as needed.
Possible user stories? Endless, just to name a few:
🔹 Decentralized messenger
🔹 Own & share data generated by sensors
🔹 Digital Identity (no metadata leaks!)
🔹 Smart city data (automated decisions)
(08/10)
PIPE differs from other decentralized storage systems because it doesn’t use slow, energy-intensive #proofofwork. It also offers flexibility in encryption, node requirements and redundancy.
(09/10)
In comparison to traditional #web2 data storage providers, you are completely independent from anyone controlling your data!
Goal of the project? Outperform #cloud performance in uptime, security, redundancy and parallelization. All at a fraction of the cost! 🚀
(10/10)
The team awaits ShimmerEVM to test & refine their #smartcontracts. A $PIPE token is also in planning! 🔥
If you want to learn more about @PIPE_DATA, join their Discord:
Key takeaways of the latest @hus_qy interview on #IOTA translated into English.
Summary below! 👇
- With IOTA, a major breakthrough in DLT research has been made.
- Initial version of IOTA’s consensus mechanism did not work out (approval weight could be tricked) – it took very long to understand this.
- BTC maximalists insist on importance of verifying all transactions until genesis. According to Hans, this is not necessary. Only the currently ledger state is relevant. In order to fix bugs, some transactions have to be stored, but the whole history is not needed.
The #IOTA Foundation is finally living up to its promises. Back in 2017/2018 the vision was big, but the actual outcome in terms of development and code was small. Now, real progress is taking place, silently and mostly unnoticed by the wider #crypto space (yet) ➡️ CMC #42
Once #IOTA achieves decentralization, a fundamental change in perception will take place. #IOTA will finally be seen as reasonable alternative to #blockchains. Hard to believe, but many (esp. new joiners) will discover IOTA for the first time!