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Topic: [ANN] [CATA]Flow | NFT | Middleware | Decentralized Cloud Storage - page 8. (Read 2603 times)

newbie
Activity: 38
Merit: 0
CATA as compared to its competitors like BigchainDB is going on Public blockchain and will be using POC and PoA consensus algorithm. But the most interesting thing which make CATA stand out among all its competitors is the fact that it has the 'Capability of unstructured data processing'.

BigchainDB and CATA both have similarities like both have 'Capability of structured data processing', Cassandra is also competitor but its way behind both CATA and BigchainDB. CATA is still to be launched while other wo are in production.   

IMO CATA is claiming too much features which are very hard to digest before its launch. Thats why they are not selling token since they know at this moment no one will invest in there tokens. Its a smart move as they have to invest from there own pocket.

The way these guys are moving I am sure no one will invest even after the project is launched. No updated info about the project and there is nothing on there social media accounts. Thats not the way how things move in crypto.
newbie
Activity: 36
Merit: 0
CATA as compared to its competitors like BigchainDB is going on Public blockchain and will be using POC and PoA consensus algorithm. But the most interesting thing which make CATA stand out among all its competitors is the fact that it has the 'Capability of unstructured data processing'.

BigchainDB and CATA both have similarities like both have 'Capability of structured data processing', Cassandra is also competitor but its way behind both CATA and BigchainDB. CATA is still to be launched while other wo are in production.   

IMO CATA is claiming too much features which are very hard to digest before its launch. Thats why they are not selling token since they know at this moment no one will invest in there tokens. Its a smart move as they have to invest from there own pocket.
newbie
Activity: 16
Merit: 0
CATA as compared to its competitors like BigchainDB is going on Public blockchain and will be using POC and PoA consensus algorithm. But the most interesting thing which make CATA stand out among all its competitors is the fact that it has the 'Capability of unstructured data processing'.

BigchainDB and CATA both have similarities like both have 'Capability of structured data processing', Cassandra is also competitor but its way behind both CATA and BigchainDB. CATA is still to be launched while other wo are in production.   
hero member
Activity: 1680
Merit: 505
CATA as compared to its competitors like BigchainDB is going on Public blockchain and will be using POC and PoA consensus algorithm. But the most interesting thing which make CATA stand out among all its competitors is the fact that it has the 'Capability of unstructured data processing'.
newbie
Activity: 45
Merit: 0
So real dilemma is that we don't have any decentralized storage solution for NFTs and CATA is the solution? Believe me NFT is just a buzz word that is going to explode any time soon. CATA need to have something strong in order to get success.

Thats very much true. There are many factors these days involved in making a project successful or fail like token utility, who is backing the project etc. If CATA need to make it to mainstream then it need to focus on showing utility of its token that will further attract investors there. just good concept is not everything you need these days.

You clearly all not getting what CATA is providing. Yes there is issue to decentralized storage and there is no project that can handle that issue. CATA is not just targeting NFTs but also general decentralized storage elements. So if NFTs not get further boom even then CATA ha bright future.
hero member
Activity: 2002
Merit: 516
So real dilemma is that we don't have any decentralized storage solution for NFTs and CATA is the solution? Believe me NFT is just a buzz word that is going to explode any time soon. CATA need to have something strong in order to get success.

Thats very much true. There are many factors these days involved in making a project successful or fail like token utility, who is backing the project etc. If CATA need to make it to mainstream then it need to focus on showing utility of its token that will further attract investors there. just good concept is not everything you need these days.
newbie
Activity: 46
Merit: 0
So real dilemma is that we don't have any decentralized storage solution for NFTs and CATA is the solution? Believe me NFT is just a buzz word that is going to explode any time soon. CATA need to have something strong in order to get success.
jr. member
Activity: 71
Merit: 2
PM for Ann Thread Service
There are not many projects focusing on storage issue of NFTs and the way NFTs are launched we will see this shortcoming increasing day by day. CATA is first one to enter this area and it will help them to grab major share of NFTs storage issue.

If you look around its not that there are not many storage solutions available he real dilemma is there are not many decentralized storage available and thats where CATA can take the lead. If they can come up with real solution nothing can stop them from going to moon.
newbie
Activity: 41
Merit: 0
There are not many projects focusing on storage issue of NFTs and the way NFTs are launched we will see this shortcoming increasing day by day. CATA is first one to enter this area and it will help them to grab major share of NFTs storage issue.
newbie
Activity: 43
Merit: 0
"The main way for people to enter the cryptocurrency space will be via NFTs... on @flow_blockchain"  Twittersource

That's a very well sad thing. NFTs are increasing day by day and those who are focusing on NFTs are deemed to get success.


That's very much true and CATA is targeting flow blockchain that's is purely for NFTs in coming days. NFTs will be increasing day by day and we will see shortcomings of NFT on blockchain in year or two its good to have there solutions in advance.
newbie
Activity: 41
Merit: 0
"The main way for people to enter the cryptocurrency space will be via NFTs... on @flow_blockchain"  Twittersource

That's a very well sad thing. NFTs are increasing day by day and those who are focusing on NFTs are deemed to get success.
hero member
Activity: 1680
Merit: 505
Challenges in NFT Storage
The dilemma between Usability and Cost
On-chain storage is flexible in business logic, but with limitations of available space
Decentralized storage scheme(e.g. IPFS) can hold massive data, but with weak interactivity
Source

I just came across these limitations of NFT storage and that's genuine case. IPFS only implementation till date is File coin and there are so many complain about that project. Lets just wait and see how CATA come up with solution.

So CATA will solve issue to limited space as well as scalability. Its not very simple now since to extract data from storage these days need some good design on your Databases end. Storage is not the issue these days but extracting that data in quick duration is the key factor.

Yes that true. Its common assumption that adding more HDDs solve the problem of storage but in current environment storage is not the only solution. We need storage that can be accessed quickly and results can be seen in short span of time.
newbie
Activity: 36
Merit: 0
Challenges in NFT Storage
The dilemma between Usability and Cost
On-chain storage is flexible in business logic, but with limitations of available space
Decentralized storage scheme(e.g. IPFS) can hold massive data, but with weak interactivity
Source

I just came across these limitations of NFT storage and that's genuine case. IPFS only implementation till date is File coin and there are so many complain about that project. Lets just wait and see how CATA come up with solution.

So CATA will solve issue to limited space as well as scalability. Its not very simple now since to extract data from storage these days need some good design on your Databases end. Storage is not the issue these days but extracting that data in quick duration is the key factor.
hero member
Activity: 1680
Merit: 505
Challenges in NFT Storage
The dilemma between Usability and Cost
On-chain storage is flexible in business logic, but with limitations of available space
Decentralized storage scheme(e.g. IPFS) can hold massive data, but with weak interactivity
Source

I just came across these limitations of NFT storage and that's genuine case. IPFS only implementation till date is File coin and there are so many complain about that project. Lets just wait and see how CATA come up with solution.
sr. member
Activity: 966
Merit: 311
Can OP or any other person share whats meant by there Middleware? Is this something related to interoperability or its just a term for there decentralized storage. Right now IMO there is scarcity of reliable projects in this field and if CATA can come up with some good solution then they can have good chance of success.
newbie
Activity: 38
Merit: 0
The Relational databaes like Mysql, MS Sql are not the only ne available these days there are many more variants available at the moment. But the blockchain storage and its query engine has not evolved that much its still very much outdated and there is need to update that  which no project has done till date.

Yes from 2015 onward Dremel/MPP  has taken over like Impala, Presto, Drill. I hardly see any blockchain project that is using these technologies. There is need to use these technologies to expedite the process SQL query. Right now storage is the biggest issue in blockchain projects.
newbie
Activity: 43
Merit: 0
The Relational databaes like Mysql, MS Sql are not the only ne available these days there are many more variants available at the moment. But the blockchain storage and its query engine has not evolved that much its still very much outdated and there is need to update that  which no project has done till date.
newbie
Activity: 28
Merit: 0
There are only two ways to learn about this platform through this thread or through there site. On Google no one is discussing this project. If its that much good then everyone must be discussing about it. But its not the case.
hero member
Activity: 2002
Merit: 516
is there any update on token enlistment? where can we find this token? Only if the coin can hit a strong exchange like Binance only then it can take some advantage. Lets see whether CATA administration can take it to some renewed exchange.

The whole crypto market is hijacked by these centralized exchanges. A coin is literary zero if its not on any exchange and there are many solid coins that are gone to zero just because they cant afford exchange fees.

CATA has no issue of funds thats why they are not asking for any financial help in the form of crowd funding. They are in development phase and once its rolled out it will easily make it top exchange. Its a project backed by Chinese team which are known for giving quality projects over the time in blockchain.
newbie
Activity: 28
Merit: 0
is there any update on token enlistment? where can we find this token? Only if the coin can hit a strong exchange like Binance only then it can take some advantage. Lets see whether CATA administration can take it to some renewed exchange.

The whole crypto market is hijacked by these centralized exchanges. A coin is literary zero if its not on any exchange and there are many solid coins that are gone to zero just because they cant afford exchange fees.
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