DDAM (Decentralized Data Assets Management) is a resilient, secure, and stable public blockchain designed for decentralized data asset management. It empowers all data producers and managers to unlock the value of their data. Focusing on the domain of data asset management, DDAM leverages SPoC (Staking Proof Of Capacity), which offers lower energy consumption, lower barriers to entry, and true decentralization, to build a robust and trustworthy infrastructure for digital asset management globally.
Project Features
Low Energy Consumption
Compared to PoW miners that use ASICs for mining, PoC is highly efficient. On average, the energy consumed by PoC consensus is 1/500th that of Bitcoin transactions.
Low Entry Barrier
Unlike PoW mining, which requires expensive and specialized ASIC or GPU mining equipment, PoC mining can be performed using additional laptops and external HDDs.
True Decentralization
Due to the abundance of extra storage space, inexpensive hardware, and less competitive environment, more individuals can participate in SPoC mining. This means the network is more distributed and resilient.
Technical Advantages
Decentralized Data Layer
1. DDAM supports decentralized storage platforms and data computation as a data layer. Through smart contracts, the data asset management architecture provides standardized data access for activities such as data collection, processing, exchange, file operations, data queries, and data security. This enables better data flow operations between processing, analysis, applications, data sharing, integration, and customizing new series processes.
2. Establishes a reliable management mechanism centered around the data assets themselves.
Application Layer
1. A key pillar of the DDAM ecosystem, it enhances the value of data assets, data usage rights, and the value of data assets through the application layer.
2. Governance control smart contract system used to determine the capabilities for collecting, transmitting, storing, and controlling enterprise data.
3. Data asset application and sharing system that forms data pools and sharing models within the sovereign data of enterprises and users. Reduces the difficulty of data usage, expands data coverage, and improves data supply.
SPoC Consensus Model
1. Staking Proof of Capacity (SPoC) utilizes hard drive storage space as a means of network computation. It reduces the energy consumption of Memory Hard Functions (MHFs). Additionally, it does not require specialized equipment, reducing the requirements for miner participation and ensuring a more decentralized and secure network.
2. The SPoC consensus mechanism allows for lower mining participation requirements and higher decentralization, providing significant potential for the development of smart contracts, decentralized data storage, and computation.
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