Everything in bits – images, video, audio, data, code, computing resources, and more – will be represented as tokens and made tradable on public blockchains.
STORE will be the zero-fee ledger to trace any asset in the world, the high-performance cloud for apps to decentralize off-chain workloads and mint app coins, and a democracy to support any future use case.
With a sound and long-term monetary policy, STORE can provide industry-leading staking returns to network operators.
The leaderless consensus algorithm avoids the chain fork waste problem that is slowing down today’s leading consensus algorithms by preventing chain forks altogether. How it works: All miners work together to build and validate blocks rather than competing to produce blocks privately — which causes chain forks. BlockfinBFT is fork tolerant.
Web3 computing protocols like Ethereum are 339 million times more expensive to store data on than AWS and 1.58 billion times more expensive to run compute operations.
Governed STORE Cloud is 38% less expensive than AWS. It is cloud infrastructure governed by decentralized democracy instead of controlled by centralized tech superpowers.
The Web3 computing paradigm where 100% of a workload is on-chain only leads to more jpegs and financial engineering. The future of Web3 is 90% off-chain and 10% on-chain. From there, high-performance apps with app coins emerges. $STORE incentivizes and secures this new paradigm.
STORE Cloud gets cheaper as more is built on it.
Co-creators Rag and Chris have been building together for nearly a decade. Project founders vest for 8 years. Advisors are hands-on, strategic, and have years of experience in crypto, cloud, data, governance, security, and financial markets. STORE Labs, Inc. and its future Foundation have committed to investment-grade regulatory & tax compliance.