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Datamall Chain: A decentralized storage platform based on the game consensus model

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Datamall Chain's decentralized storage process ensures the benefits of both the storage provider and the storage consumer, and minimizes the on-chain burden, thus achieving higher scalability.

Source: Datamall Chain

With the continuous development of blockchain and Web3 technology, the importance of decentralized storage has been paid more and more attention. Decentralized storage has many advantages, such as improving data security and reliability, preventing single points of failure, and giving users more control over their data. However, in practical application, decentralized storage also faces some challenges, such as low storage efficiency and high cost.

Through the investigation of centralized storage projects in the market, we were deeply impressed by the public Chain project Datamall Chain, which designed a set of game-type consensus mechanism, aiming at realizing efficient decentralized storage. This mechanism can not only meet the different requirements of different users on storage media, but also ensure the interests of both storage providers and consumers. The following will take a closer look at the Datamall Chain's decentralized storage process and game-based consensus mechanism.

In the Datamall Chain, the whole process of storing is simple. First, the storage provider will place the order, and then the storage consumer can choose the order and lease period. Consumers pay a fee before data is stored, and the fee is paid to the contract. Once the contract is in the deliverable state, the consumer can store the data on the provider's space. After the storage is complete, both parties agree to enter the execution state. If there is any dispute, consumers can launch an on-chain storage challenge and only join the chain if there is a dispute, which can greatly reduce the burden on the chain.

In the process, the game-type consensus mechanism is mainly reflected in three aspects:

1. Guarantee the system security.

The biggest challenge facing decentralized storage compared to traditional storage solutions is how to ensure that the storage provider stores the data as promised without losing or tampering with the data, which is often resolved through contractual and legal means.

However, in the decentralized storage scheme of Datamall Chain, incentive mechanism is used to guarantee the behavior of storage provider. In a game-based consensus mechanism, storage providers pledge DMCS as collateral to ensure that they store data as promised. If the storage provider breaches the contract, they will face punitive measures, losing the pledged DMC. Instead, if the storage provider follows through with the agreement, they are rewarded and the pledged DMCS are returned.

2. Transparent game makes market price more reasonable.

At present, the price of decentralized storage solutions in the market is not transparent and the pricing mechanism is too complicated. However, Datamall Chain uses the quotation form of the storage side to make the price more transparent. Storage providers sell space based on their storage capacity, with varying prices and leases, and can set certain deposit amounts for orders. This free competitive market mode allows storage consumers to freely choose their favorite storage service providers.

3. Reserve the right of consumers to pursue

For decentralized systems, how to ensure that miners store data as promised is a very important issue. To solve this problem, the DMC uses a storage challenge mechanism. The storage challenge has an interesting design, where the consumer selects a random space and the provider sends a hash to prove that it has stored the data. If the hash value is correct, it proves that the provider has stored the data. If the challenge cannot be completed within the specified time, the contract is terminated and the consumer gets his money back and is reimbursed by the supplier.

For Datamall Chain, its biggest advantage is that it can lay the foundation for completely decentralized large-scale applications. The game-type consensus mechanism adopted by Datamall Chain will not only guarantee storage security, but also improve storage efficiency and scalability, laying a solid foundation for future Web3 data storage facilities.

The decentralized storage process of Datamall Chain ensures the benefits of both storage providers and storage consumers, and minimizes the burden on the Chain, thus achieving higher scalability. It is believed that Datamall Chain will become a reliable Web3 data storage facility in the future. We will inject new impetus into the development of the digital economy and society.