Lambda ICO Review: High-speed, secure and scalable data storage infrastructure

in #cryptocurrency6 years ago

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Lambda is developed to provide high-speed, secure and scalable blockchain infrastructure which can provide storage capacities and deal with several millions of transactions per second. The infrastructure can be applied to a number of use cases such as trusted and secure data storage, public data access and transaction, IoT data storage and artificial intelligence data.

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Some outstanding features in the Lambda infrastructure are Sharding technology, Multi-chain cooperative storage, and Cross-chain data management. Lambda consists of Lambda Chain, Lambda P2P, Lambda DB, Lambda FS, Lambda ABE, Lambda TPA Chain and Lambda Agent.

Lambda Chain is a multi-chain system, including Turing Complete smart contracts and multi-chain transactions. Lambda Chain has three layers namely Main chain (Work-chain 0), Work-chain (from Work chain 1 to Work-chain n) and Shard Chain. Each Work chain (from Work chain 1) will be divided into multiple Shard chains. While the consensus mechanism of Main chain is Nominated Proof of Stake — NoPS, consensus mechanism of Shard chain is Byzantine Fault Tolerance — BFT. Similar to Delegated Proof of Stake, in the NoPS, stake owners also nominate representatives, and give those representatives an amount of stake deposits. The representatives will represent stake owners to join and make the decision in the verification process. Meanwhile, with BFT consensus mechanism, there are also delegates who represent network users to verify the transactions. A transaction which receives the approval of 2/3 delegates will be passed. Main chain is responsible for the processing of validators, nominators and fisherman. Validator nodes will take charge of transaction packing and block generation. Nominators are stake owners who entrust security deposits to validators. They play the role of supervisors. Meanwhile, fisherman nodes will act as malicious behavior detectors. If they report and prove the illegal behaviors of participators with deposits, they will be rewarded token.

Application Scenarios

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Team & Advisors

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Token

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Symbol: LAMB
Token type: ERC20
ICO Token Price: 1 LAMB = 0.0100 USD
Fundraising Goal: 20,000,000 USD
Total Tokens: 10,000,000,000
Available for Token Sale: 30%
Whitelist: YES (15 AUG – 5 SEP, JOIN )
Know Your Customer (KYC): YES (PERIOD ISN'T SET)