Analysis of Ethereum Ecosystem Decentalized Storage Protocol Swarm excitation system and operation mechanism

Know why ChuangyuBlockchain Security Lab | V God-backed Swarm is worth looking forward to

Original source: Know Chuangyu Blockchain Security Lab

Since March, with the launch of the Swarm 1 million BZZ airdrop program, more and more people have been paying attention to the project. BZZ is available on the private market for $38 to $50. Although Swarm's main network has not been officially launched, the beta network has over 30,000 nodes. Why is Swarm so popular? Chuangyu Blockchain Security Lab will take you to find out.

Swarm's concept for distributed data storage has been around since early 2015. Promoted by Ethereum founders Vitalik Buterin, Gavin Wood, and Jeffrey Wilcke, Swarm's protocol tags BZZ and SHH were both created by Vitalik. So Swarm can be said to be an official part of the Ethereum project, developed by the Ethereum Foundation, which allows mining pools of storage, bandwidth, and computing resources to support applications based on the Ethereum network.

The team sought to create a point-to-point storage and service solution with no downtime, zero failure, and anti-censorship, creating a system of financial incentives within Swarm to facilitate the exchange of resource value.

Swarm is a member of Ethereum's original ecosystem and offers a more user-friendly approach to development. Ethereum developers can use Swarm for decentralized storage of data without relying directly on IPFS and   Filecoin  Such external ecology.

A robust peer-to-peer content storage and withdrawal system requires a careful balance between the needs of service providers and consumers, and Swarm Networks is uniquely capable of meeting these needs through micropayments and incentives implemented through smart contracts.

Swarm has a unique incentive system built around three key components of Swap, Sswear, and Swindle. It works as follows:

1. Request Swear to sign the Swarm incentive network contract with Peer;

2. Request Swap to manage the deposits received from Peer;

3. Signed a SWEAR contract with Peer;

4. Ask Swindle to judge whether Peer will perform the contract;

5. Notify SWAP of the legality of payment;

6. Ask SWINDLE to confirm the validity of the receipt.

(Swap)

The dynamic nature of the switching system, which records bandwidth usage and compensates nodes that serve content, means that popular content is automatically disseminated more widely and acquired more quickly. Micropayments are handled by custom-made checkbook smart contracts and are actively integrating full payment systems into the system.

Guarantee (Swear)

Guarantee contracts handle long-term storage, allowing nodes to sell their storage space while also allowing others to reliably store their content on Swarm for long periods of time.

Swindle

The very nature of a Swindle contract, which consists of a litigation engine for resolving disputes, makes it a candidate for status adjudications.

Swarm is a point-to-point content delivery system. Nodes and blocks of data have their own IDs, and to get their own information, they need an address. That's how point-to-point messaging works. The address is stored in the key space, and there is always a node nearest to the address, at which time the request can be sent to the node. However, in order to ensure the validity and timeliness of the system content, it is impossible to pay for every database. This will take a long time, and several payments together may even cause the blockchain expansion.

So Swarm introduced a checkbook smart contract that would pass Swarm down the chain and then redeem the final check. Compare the checkbook to the paybook channel, which is the lightning network, and the checkbook is less obstructive, because in this checkbook, everybody can use this checkbook, and in the paybook, everybody has to access the network. The downside of checkbooks is that they can be iterated, which makes it impossible to guarantee payment. Combining Swarm and Swap solves this problem.

Under the current incentive system, content can be delivered through nodes, and Swarm CDN automatically scales. All nodes will save highly watched and browsed data, but they will pay a fee. If the content is not very popular, it will be deleted over time.

This article focuses on Swarm's motivation system, which is similar to Filecoin, but the biggest differences between the two are the technical details and incentives. While Filecoin does not penalize storage, Swarm penalizes storage, which increases the availability and security of files through storage penalties. Filecoin does not penalize storage, which causes spam to overflow and even causes some Filecoin employees to intentionally create spam in order to increase revenue.

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