SINGAPORE, November 27, 2018 (GLOBE NEWSWIRE) – Lambda, the leading decentralized infrastructure project offering unlimited and scalable blockchain data storage, today announced its revolutionary open source protocol Proof-of-Space-Time (PoST) is the first available for developers around the world on GitHub, the world's leading software development platform.
Proof-of-Space-Time is a protocol between a storage provider and a verifier, in which the storage provider tells the verifier that a specific file has been archived for a certain period of time. Storage space providers must generate valid storage evidence with specific properties in order to be rewarded for storing data.
The Lambda PoST algorithm uses validation nodes and its roles differently to simplify project development by creating continuous and random chain challenges.
"The PoST algorithm is a testament to our ingenuity and dedication to the Lambda project as our team of IT experts uses technological innovations to continuously improve the testing of the integrity of blockchain data", said Lucy Wang, co-founder and CMO of Lambda. "We are proud to have developed and now share the first open source PoST algorithm with the developer community on GitHub and I look forward to creating new ideas and research for future distributed blockchain storage."
Developers can access and download Lambda's open source PoST algorithm available on GitHub here. For more basic information on the process of research and development of the Lambda algorithm, read the technical article here.
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Lambda is a fast, secure, and scalable blockchain infrastructure project that provides decentralized applications (DAPP), unlimited data scalability, and services like multi-chain data co-storage, cross-chain data management, and protection. of data privacy, demonstrable data possession (PDP) and intelligent calculation distributed through logical decoupling and independent implementation of Lambda Chain and Lambda DB. For more information, visit http://www.lambda.im.
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