Sukhavati Network’s Consensus Mechanism
Sukhavati Network is a decentralized cloud service network focused on storage that aims to empower users and promote distributed storage while maintaining the growth of the applications on Web3.0. The company’s decentralized ecosystem enables its community to explore the platform’s storage and mining features.
Sukhavati is powered by a 3-Consensus Layer such as Proof-of-Capacity (PoC) and Efficient Proof-of-Spacetime (EPoSt) for the consensus mechanism. Sukhavati’s PoC consensus mechanism utilizes a small amount of computing and IO resources to maintain the security consensus and save the remaining resources for other projects.
The network is built on a hardware-based Trusted Execution Environment (TEE). The EPoSt mechanism of Sukhavati Network is one of the leading mechanisms in verification by being a hundred times faster compared to those that are using cryptographic ZKP-based methods. EPoSt uses a small amount of computing resources to guarantee that the storage is safe and verified. It uses the chip to complete the consensus process and gain storage rewards from completing challenges.
Moreover, the company promotes inclusivity by allowing hardware devices such as PoS/PoC and other storage mining to explore the ecosystem. Sukhavati’s storage verification mechanism uses only a small amount of resources and requires less hardware, allowing small devices to join the storage mining.
This is much more efficient compared to the verification process of other companies such as filecoin that is focused on using a massive amount of computing power that can be pricey, making it exclusive and not available for average miners. Sukhavati is focused on empowering and serving more miners and hardware and utilizing the resources. Chia Network also had a price increase of hard disks, resulting in a much lower participation rate compared to Filecoin, making the budget a major issue in terms of efficient mining. The consensus layer of Sukhavati is much more efficient and environmentally friendly.
On the other hand, the decentralized ecosystem is also a huge advantage for Sukhavati as companies such as AWS Lambda are still centralized and different from other projects. Moreover, Sukhavati is an established network compared to other storage networks such as Storj. The network stands firm that all companies is meant to coexist and work together for the industry, making it one of the most considerate and innovative ecosystem.
About Sukhavati Network
Sukhavati Network is a decentralized cloud network service that is focused on storage. The network is built on hardware-based Trusted Execution Environment (TEE) and the Substrate framework to inspire and incentivize improvements on distributed storage ecosystems.
Sukhavati creates a decentralized gateway that covers both Web 3.0 and Web 2.0 storage services. It allows unified data storage, retrieval, and management on Web 3.0 applications.
Telegram Group: https://t.me/SukhavatiNetwork
Telegram Announcement Channel: https://t.me/SukhavatiN