STORE is bringing Cloud 2.0 to the world with a zero-fee cryptocurrency and checks and balances governance.
A crowdsourced state-of-compute score for SpaceX's Starlink internet and a //Second Governance test network for a future ratified STORE decentralized democracy are the next two major milestones for the zero-fee protocol.
STORE is a blockchain-powered computing platform that relies on a novel consensus mechanism (BlockFinBFT) to provide leaderless, asynchronous, and Byzantine fault tolerant validation of zero-fee settlement transactions. BlockFinBFT addresses scalability, security, communication, and decentralization challenges in high performant cloud and edge computing environments with a multi-tier, asynchronous, parallel, and pipelined BFT consensus algorithm.
A scalable, two-tier Byzantine fault tolerant consensus algorithm that decentralizes cloud and edge computing by enabling an adaptive 5,000+ transactions per second.
Credibly low, 2% inflation (20MM $STORE) incentivizes miners – collectively a new type of Amazon AWS – to secure zero-fee transactions.
Miners have a single vote, no matter the size of their stake. Once ⅔ trust is reached on a one entity, one vote democracy, voting begins.
STORE's non-compounding inflationary monetary policy is expected to give STORE industry-leading real yields for
staking.
Governance is endowed with 25% of the block reward, granting the protocol and it's Cloud Markets perpetual funding to innovate across payments, compute, web services, layer 2, security and more.
STORE will offer comparable performance to AWS while also being ⅓ BFT, providing sufficient security for developers to issue their own digital assets on top of the STORE blockchain, driving new revenues. These assets will drive new revenues.
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The STORE Cloud is secured by the $STORE token. STORE relies on a token economic structure where miners secure both the zero-fee settlement layer and the layer 2 computing environment on top. Developers pay miners $STORE for all decentralized web services.
STORE brings together the principles of sound money with credibly low and non-compounding inflation - up to 20 Million $STORE per year - to secure zero-fee decentralized computing. //First Treasury is the decentralized monetary system for the STORE Cloud.
STORE is a decentralized edge cloud with a decentralized monetary system, enabling perpetual innovation across web services, compute, storage, more.
$STORE block rewards endowed to STORE Governance and to STORE Markets incentivize the protocol to have perpetual innovation across web services, compute, storage, more
1 billion $STORE tokens have been authorized by STORE Labs, Inc. They will be accessible over history. Project founders vest for 8-years, core team for 2-4 years, and advisors for 2 years.
Treasury Schedule (1 Billion $STORE authorized)
Sold in private and public token sales to fund R&D
Allocated to the project for incentivizing growth of the STORE ecosystem, miner adoption, team, and more - emits in the first 100 years
Locked up in a long-term emission schedule giving governance access to genesis block Treasury to grow $STORE adoption - emits over 1000 years
Founding inflationary block rewards to fund STORE security, governance, more
Voting Rewards for the //Second Governance test network
A perpetual inflation rate of 2% maximum of the genesis block per year - up to 20 Million $STORE per year - will begin once the main network launches. In the year 2032, STORE governance will reach 1 billion tokens issued requiring governance to decide on future security and incentives for the decentralized edge cloud network.
NOTE: The STORE Roadmap is subject to change, is non-binding, and is our team’s best estimate based upon the project’s momentum, effort, and execution-ability today.
Learn more about Engineering progress at https://storecloud.org/engineering
STORE is bringing Cloud 2.0 to the world with a zero-fee cryptocurrency and checks and balances governance.
A crowdsourced state-of-compute score for SpaceX's Starlink internet and a //First Governance test network for a future ratified STORE decentralized democracy are the next two major milestones for the zero-fee decentralized edge cloud.
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STORE is a blockchain-powered computing platform that relies on a novel consensus mechanism (BlockfinBFT) to provide leaderless, asynchronous, and Byzantine Fault-Tolerant validation of zero-fee settlement transactions. BlockFinBFT addresses scalability, security, communication, and decentralization challenges in high performant cloud and edge computing environments with a multi-tier, async, parallel, and pipelined BFT consensus algorithm.
A scalable, two-tier Byzantine fault tolerant consensus algorithm that decentralizes cloud and edge computing by enabling an adaptive 5,000+ transactions per second.
Credibly low, 2% inflation (20MM $STORE) incentivizes miners – collectively a new type of Amazon AWS – to secure zero-fee transactions.
Miners have a single vote, no matter the size of their stake. Once ⅔ trust is reached on a one entity, one vote democracy, voting begins.
[1] Our sound money, decentralized monetary policy will give //STORE industry-leading Real Yields for staking.
[2] EOS is 419,300x more expensive than Amazon Web Services. Ethereum is 68x. //STORE begins at just 1.78x and decreases over time as more Storage miners join, eventually being cheaper than centralized public clouds.
On //STORE, energy-rich data centers are incentivized to commit compute to the protocol in exchange for the $STORE token.
The STORE Cloud is secured by the $STORE token. STORE relies on a token economic structure where miners secure both the zero-fee settlement layer and the layer 2 computing environment on top. Developers pay miners $STORE for all decentralized web services.
STORE brings together the principles of sound money with credibly low and non-compounding inflation - up to 20 Million $STORE per year - to secure zero-fee decentralized computing. //First Treasury is the decentralized monetary system for the STORE Cloud.
STORE is a decentralized edge cloud with a decentralized monetary system enabling perpetual innovation across web services, compute, storage, more.
$STORE block rewards endowed to STORE Governance and to STORE Markets incetivize the protocol to have perpetual innovation across web services, compute, storage, more
1 billion $STORE tokens have been Authorized by STORE Labs, Inc. They will be accessible over history. Project founders vest for 8-years, core team for 2-4 years, and advisors for 2 years.
Treasury Schedule (1 Billion $STORE authorized)
Sold in up to six milestone-based token sales
Allocated to the project for incentivizing growth of the STORE ecosystem, miner adoption, team, and more - emits in the first 100 years
Locked up in a long-term emission schedule giving governance access to genesis block Treasury to grow $STORE adoption - emits in the first 100 years
Founding inflationary block rewards to fund STORE security, governance, more
Voting Rewards for the //First Governance test network
A perpetual inflation rate of 2% maximum of the genesis block per year - up to 20 Million $STORE per year - will begin once the main network launches. In the year 2032, STORE governance will reach 1 billion tokens issued requiring governance to decide on future security and incentives.
NOTE: The STORE Roadmap is subject to change, is non-binding, and is our team’s best estimate based upon the project’s momentum, effort, and execution-ability today.
Learn more about Engineering progress at http://storecloud.org/engineering
