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0.00195700USDT
+1.82%
$0.00195700฿0.00000003Volume(24H)$29,841.5
Today
Low:0.00187333
High:0.00212347
Yesterday
Low:0.00186900
High:0.00201300

Market information

Market Cap $3,634,741.76
Global Volume(24H)$863,375.67
All-Time Low$0.00095238
All-Time High$0.26862361
Initial Price$0.01
ROI
-80.4300%
Circulating Supply 1,861,111,097 LAMB
Circulation Percentage 31.0185%
Max Supply
Total Supply 6,000,000,000 LAMB

Price history

Information

Converter

LAMB

Project Introduction

LAMBDA is short for LAMB. LAMB is a secure, reliable and infinitely scalable decentralized structure cloud storage that can realize decentralized data storage on the LAMBDA Chain consensus network and provide an infinitely scalable data storage capacity.

Project Vision

Lambda is committed to providing the storage infrastructure for the next generation of the Internet, providing a secure, reliable and infinitely scalable decentralized storage network through P2P networks, innovative PoST space-time proofs.

Market Demand

Blockchain and related communities are accelerating development and prosperity, but so far, many decentralized application projects are facing the risk of failure, the fundamental reason is the imperfect infrastructure, which is reflected in many aspects: 1. The overall throughput of blockchain system, also known as TPS problem. The Bitcoin network can process only seven transactions per second, and Ethereum's processing speed is not ideal at around 15 transactions per second, compared with tens of thousands to millions of TPS for centralized financial systems. 2. Data storage problems. The essence of the Internet is the connection between people and information, no matter for centralized or decentralized applications. Without data, the Internet cannot work. The whole Internet itself is a process of interoperation depending on data. However, today's decentralized applications lack the ability of data landing, and many decentralized application development teams lacking technical knowledge mistakenly think that blockchain is a decentralized distributed database, or even a cloud "magic database". 3. Data silos and asset silos. In the early development stage of computer technology, data and applications were restricted within the enterprise, even within the department of the enterprise, and lacked the ability to connect data and applications with each other. 4. Issues of developability and ease of use. Bitcoin systems use limited scripting systems to provide limited programming support. After Ethereum, EVM became the de facto standard, providing a Turing-complete programming scheme for writing smart contracts that manipulate data on the chain. However, Sodility, and other new blockchain languages themselves, have a learning curve and cost for many people.

Solution

Lambda project attempts to provide a new solution, based on the different types of data stored separately in different chains and block design, Lambda is committed to provide an infrastructure for decentralized application, on this infrastructure platform, providing unlimited extension of storage, high throughput computing, fast network transmission ability of a series of basic services, So that distributed applications can easily complete data generation, transmission, storage, retrieval and calculation. With the development of Lambda project, more and more nodes will join the network. Finally, a cloud data storage cluster with self-organization and self-management covering hundreds of thousands of nodes will be formed. All decentralized applications can conveniently use this cluster system to store and query data through API. In particular, this decentralized data cluster system must have a very high cost performance advantage, as well as the natural ability of remote disaster recovery and cross-continental data sharing, due to the large organization cost of expensive centralized IAAS. This has initially formed a decentralized IAAS with storage, computing and network bandwidth as three basic IAAS capabilities. Plus the value exchange system provided by blockchain network, Lambda will be a global infrastructure network with infinite imagination.

Token Offering Mechanism

Total coin issuance: 10000000000; Mining accounted for the total: 40%; Private equity accounted for total: 25%; Foundations: 20%; Total team share: 10%; Investors in total: 5%

Token Usage Scenarios

Lambda adopts a two-token economy model. In the Lambda decentralized storage network, there are two types of tokens: LAMB and TBB. LAMB is a native circulating token in the Lambda storage network. Its main functions are block reward issuance, circulation, payment of transaction fees and eco-application fee settlement. TBB is the storage space asset of Lambda storage network. Its main function is to pledge and anchor the equity of storage asset.

Incentive Mechanism

(1) The total block reward of Lambda main Network consists of two parts: block reward + handling fee (transfer transaction, storage transaction, space transfer transaction, etc.). (2) for example, if the block reward is 40LAMB and the handling fee is 2.5LAMB, the total reward of the block is 42.5LAMB. (3) Total block rewards will be earned by ecological participants (validation nodes, storage miners, partner nodes and partner node voters, communities). 2. Block reward distribution model: (1) Pledge mining revenue: 50% of the total block reward. This part of revenue is capital income, which can be obtained after completing the space pledge. (2) Deposit mining revenue: 43% of the total block reward. The storage mining reward is the most important part of the miner's income. The storage miner can access the storage mining machine to store data and submit the PDP certificate to the verification node, which can be verified and packaged successfully. (3) Package revenue: up to 5% of total block rewards. The verification node successfully packaged blocks and collected enough consensus votes, and the revenue obtained by the successful block generation is dynamic revenue (1%-5%), which depends on the number of valid consensus votes collected by the block. (4) Community revenue: 2% of total block rewards. Community proceeds will be used for community building, with the community deciding how to use them.

Characteristic

Lambda -- a new generation of value public chain based on distributed storage technology. 1. Data confirmation chain: (1) High-performance innovation public chain. (2) Complete on-chain verification of off-chain data through PoST space-time proof. (3) Proof of recoverability (POR) technology. 2. Data privacy protection: (1) Access control of multi-authorization attribute-based encryption (MA-ABE). (2) The granularity of data sharing access can be defined. (3) GDPR practitioners and data privacy protection infrastructure. 3. Data value regression: (1) The ownership of data is protected by the user's private key. (2) Complete data transactions through the MarketPlace built on the chain. (3) Data value can be segmented and measured.

Technical Characteristics

1. Lambda implemented and published PoST space-time proof for the first time in the world, introduced VRF+BFT consensus algorithm into Lambda Chain consensus network pioneering, ensured the operation efficiency and reliability of the network, and realized many technical breakthroughs such as data integrity proof, multi-chain data co-storage, cross-chain data tube and so on. 2. Lambda supports dynamic data access, protects data privacy, and makes unremitting efforts to return data value to users. 3. Lambda creates more secure storage at lower cost and has implemented PDP, POR and EC technologies, greatly improving the security of decentralized storage.

Project Highlights

1. Rely on APM of Chaoyang Industry. APM is short for Application Performance Management. It monitors the Performance and fault Management of applications. Many domestic viewpoints believe that APM will imitate CDN and become a new dark horse industry in IT field. 2. Team work. The key core founding team members of LAMB are all from OneAPM, the leading APM enterprise in China. OneAPM has formed six product lines of mobile, browser, application, infrastructure, network and database performance management. OneAPM, founded by LAMB founder He Xiaoyang, has completed four rounds of financing of more than 300 million RMB in one and a half years, led by capital and Qiming Venture Capital and other well-known investment institutions in China, creating the miracle of enterprise market financing. 3, investment institutions gathered. LAMB has received strategic and financial support from a number of top institutions including Bitmain, Zhenfund, Metropolitan Capital, Dfund, Pan-City Capital, FBG, BlockVC, INBlockChain, Timestamp Capital, NGC, and more.

Competitors

Compared with IPFS, LMMB can solve the problem of storage data integrity that IPFS has not yet solved. LAMB can restore data and ensure data integrity through data recovery proof and data holding proof. It is worth noting that LAMB's data validation algorithm is highly efficient and can complete the validation work in a short time. The benefit of this design lies in the privacy of the data. Secondly, LAMB has stronger data processing and response capability than IPFS, and has better scalability. Finally, LAMB also combines multi-chain technology and sharding technology. The design of one main chain and multiple working chains can improve the operation efficiency of LAMB, and the sharding technology applied to multiple working chains can enhance the imtamability of stored data.

Points

LAMB team has good operation ability and invented the cloud computing power lease. Virtual mining machines at different prices can be purchased using USDT, and the revenue generated is also denominated in USDT. However, when you cash out at last, you need to convert them into LAMB. Perhaps LAMB's biggest disadvantage is also the team, as the core team lacks technical developers, which is not good for LAMB.

Project Risk

1. The project itself is well-regulated. As a storage project, it has no advantages over other storage projects. 2. There are inconsistencies in the white paper. The economic white paper said that the search for miners did not need to mortgage the LAMB, but the Yellow Book also said that the search for miners needed to mortgage the LAMB, which is puzzling. 3. The total amount of issuance is too large, and the technical implementation is difficult.

Values

The Lambda verification process is similar to SiaCoin: on-chain nodes store authentication meta information (keys) and periodically challenge the service provider. Each verification needs to submit part of the file data, communication volume is still high, easy to leak privacy. The BLS-PDP in Lambda verification scheme is based on the BLS homomorphic signature algorithm. Due to the homomorphic characteristics of THE BLS signature mechanism, multiple signatures can be aggregated into one signature. These two good features enable the PDP mechanism based on BLS signature to obtain less storage cost and lower communication cost to implement. The prover can add up multiple authentication data blocks to generate a data block and return it to the prover. In this way, the communication volume is greatly reduced and some privacy protection functions are provided. The disadvantage is to carry out UMI calculation, calculation is difficult to achieve. The project side plans to map data blocks into large prime numbers to achieve controllable communication and computation. Since the project side has not released implementation details, the project team cannot evaluate security and computation at present.

Pairs

RankSourcePairPrice24hVolume(24H)Trading PercentUpdated
1OKX1OKXLAMB/USDT
0.00194700
1.09%$525,443.1330.5071%2024-10-18 13:25:54
2MEXC2MEXCLAMB/USDT
0.00195700
2.19%$155,525.169.0297%2024-10-18 13:23:21
3Gate.io3Gate.ioLAMB/USDT
0.00194100
1.25%$65,336.893.7934%2024-10-18 13:24:57
4BingX4BingXLAMB/USDT
0.00195700
1.82%$29,841.51.7326%2024-10-18 13:24:03
5OKX5OKXLAMB/USDC
0.00195500
2.84%$885.370.0514%2024-10-18 13:24:55
6Gate.io6Gate.ioLAMB/ETH
0.00000074
2.35%$352.630.0205%2024-10-18 13:23:09
7HTX7HTXLAMB/BTC
0.00000003
0%$63,746.53.7011%2024-10-18 13:24:09
8HTX8HTXLAMB/USDT
0.00194200
2.16%$17,858.011.0368%2024-10-18 13:25:36

Trading platform transaction information

Trading Percent

All Exchange
ExchangeVolume(24H)Trading Percent
OKXOKX$526,328.561.2730%Visit
Gate.ioGate.io$65,689.527.6473%Visit
MEXCMEXC$155,525.1618.1056%Visit
BingXBingX$29,841.53.4740%Visit
HTXHTX$81,604.519.5001%Visit