As the bull market began, market sentiment was quickly ignited by DePIN. Messari proposed the concept of DePIN in 2022, pointing to the track of decentralized physical infrastructure networks. According to CoinGecko data, the current market value of the DePIN field has reached 5.2 billion. US dollars, most of which focus on storage and communication technology, DMC is one of the representatives.
DMC is a decentralized storage network based on the Nash-Consensus storage contract, providing users with safe, efficient, and certifiable decentralized storage services. It aims to promote the development of next-generation Internet infrastructure and DePIN IoT blockchain technology, focusing on building the Web3 underlying storage architecture in a multi-public chain ecosystem.
In this AMA, DMC and DATA S DAO are honored to invite D3ServeLabs CEO Zhou Zainan Victor Zhou, Ethereum outstanding contributor William Entriken, LX DAO founder Bruce, D.one founder 300 million, and Whale Research Institute founder Jing Feng Five guests discussed how DePIN will prosper together with the ERC ecosystem in the new data economy era.
Several guests shared their views on DMC’s entry into the EVM ecosystem, DMC’s future development in the DePIN track, the hot phenomenon of the DePIN track, the value of foggie’s series of products on the DePIN track, and the new round of DMC’s DePIN track narrative to come. View.
DMC's breakthrough means transcending the limitations of (L1) blockchain, embracing (L2) scalability solutions, and collaborating with Fog Works. This alliance deploys Nash consensus-based smart contracts on the EVM chain for storage applications, establishing an open market for decentralized storage applications. As the gatekeeper of EIP, Victor Zhou expressed his views on the entry of DMC. Victor Zhou said that he hopes to see the standardization of the protocol and the enrichment of the ecology. He is also very happy to see dmc launching such a storage-based protocol and hopes that there will be more Builders can pay attention and build together based on this agreement .
As a co-founder of the LX DAO technical community, Bruce is also a senior Web developer. LXDAO has made a lot of contributions to Web 3 development and has very strong product capabilities. Bruce is also currently discussing technical co-construction with dmc. Bruce shared: web3’s current impact on the real world is still limited. This is also a point that he personally pays more attention to or looks forward to in the DePIN track. I hope that some technologies or projects of Web3 can really bring some impact to the world, and this impact will usually be more durable than such products or projects in the full virtual world, or because it has A hardware or a cost in this real world. As a developer, Bruce is communicating with the DMC team to build an ecosystem together.
As the founder of D.one and an early participant and miner of DMC, 300 million has a very high recognition of dmc’s excellent technology and foggie’s series of products. D.one also provides you with a 50/50 staking plan without having to buy your own machines. It also brings you the latest progress. In the near future, it will open a defi website to everyone to satisfy everyone's needs for staking mining and many other things. DMC financial management needs .
DePIN has a promising future
The guests also expressed their opinions on the popularity of the DePIN track. Bruce said that if Web3 is not a toy, or something that is just a flash in the pan, then it must have some impact on the outside world. It is relatively easy in the virtual world. You can write a smart contract, deploy it on the network, and operate it on a computer. This is one method, but the hardware method will be relatively weak. But if you really want to have some practical effects, you need to go deep into these hardware. I hope and want to see some projects on the DePIN track that can really take advantage of Web 3 , which has the characteristics of openness , transparency, decentralization, security, and privacy, and at the same time satisfies everyone's real needs. Demand, for example, products like this cloud storage can provide some real needs for securely protecting your data .
As the author of ERC-721, the father of NFT, and a contact contributor to Ethereum, William summarized the entire Web 3 ecosystem, or the three different stages of the blockchain ecosystem. First it is a proof of a work based on electricity, then it transitions to POS, and now all our resources can actually be used as an investment to contribute to our blockchain ecosystem. This is actually It may be more inclusive, fairer , and allow more ordinary people to enter this ecosystem. He believes that this is an important reason why he is optimistic about the future of the DePIN ecosystem .
In addition to several invited guests, Mr. Kobayashi, CEO of Fog Works, also shared his views on the DePIN track. For the future, storage, or bandwidth, including contributing personal GPUs and providing computing power to AI, will become several new types of infrastructure in this field, and It is relatively decentralized, because in the past we all know that cloud computing was relatively centralized, but in the future it will gradually become the stage of fog computing. Therefore, I have always been relatively optimistic about this field.
Foggie inspires people to make practical contributions to the real world
Victor Zhou also expressed his views on the fog works company's series of products, such as Foggie Max, as promoted by the IPFS protocol itself. When you start to provide this contribution whether it is data storage or traffic, by providing a real-world At the same time, you may provide services to yourself or other users on the open network, and you can obtain an economic return or a governance return. This is a bit like moving from the financial model to a system with a bit of sharing economy. Although the term sharing economy may be a bit outdated now, the original essence is the Internet. The role is to solve two problems, one is to solve the problem of productivity, and the other is to solve the problem of production relations. In fact , the entire DMC incentive mechanism agreement itself is to encourage everyone to make more contributions to the substantive market . Victor Zhou himself is also using some of this file storage system, but he always feels that it is very unsafe to use clothing on the cloud. One day, there will be a power outage or network outage, which will affect the use. At the same time, he may also be worried. There are a lot of issues with privacy review. On the other hand, if you store it completely locally, there are also some issues, such as remote connections and so on. In fact, in the past, a more reasonable mechanism was needed to form a decentralized network, which could not only ensure security and privacy, but also ensure local connections.
So I am very happy to see this DMC, and this system of foggie, and this competition on this system, and I am also very happy to see more products emerging around this system to benefit our users. I do technology and development, and I am also a user of this product. I hope to have something better to use. Maybe one day the mobile phone connection and WiFi you pick up while walking on the road are all provided by this decentralized network. Everyone works for me, and then other neighbors can also make a penny.
Summarize
The DePIN track is booming, and several guests are looking forward to the future of Foggie Max! As an important participant in the DePIN track, DMC is committed to linking with multiple chains. DMC = decentralized storage + Ethereum EVM compatibility + ERC721 built-in + multi-public chain ecological support (OKX1), etc. + scalable DePIN data server. We We look forward to Foggie Max entering thousands of households in the future, benefiting every user just like Victor Zhou expected!
