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Topic: [ANN] [POC]Lava - A Root-of-Trust and Top-level indexing for global storage - page 4. (Read 1109 times)

newbie
Activity: 15
Merit: 0
Now I'm just waiting for the announcement regarding the listing.
newbie
Activity: 15
Merit: 0
At least now I really like everything from the technical side
newbie
Activity: 15
Merit: 0
At the moment I want to understand how mining will work and how to make it as profitable as possible.
As I understand it will be mining on the hard disk.
newbie
Activity: 15
Merit: 0
As I understand it the team already has some success in China?
I think so. They have many fans in China.
newbie
Activity: 34
Merit: 0
As I understand it the team already has some success in China?
newbie
Activity: 34
Merit: 0
At the moment I want to understand how mining will work and how to make it as profitable as possible.
newbie
Activity: 34
Merit: 0
PoC: a Consensus Mechanism of Huge Potentials

PoC (Proof of Capacity) is a consensus algorithm with multiple superior characteristics and huge application potential. As an important branch of today’s existing consensus mechanisms, PoC is still undiscovered and underrated by the market. A truly fair, open and meaningful project was needed to convey the decentralized concept of PoC to the world, so we launched Lava.

PoC has better decentralization characteristics than PoW, while ensuring the same level of security and openness. PoC is based on storage device mining while miners compete for block forging by providing larger storage capacity to ensure network security. Compared with PoW’s hash computing devices, PoC’s storage devices consume only a small fraction of electric power. Thus PoC is cleaner and easier to help consensus achieve wider geographical distribution. In addition, storage devices, as the most general and universal hardware of global IT infrastructure, leaves no space for “ASIC-lization” and monopolization by any individual or organization. PoC is a totally permissionless, open and fair network where “capacity power” could join or withdraw anytime, anywhere and threshold-free.

Considering the versatility and universal usage of storage devices, PoC is a consensus mechanism that has the potential to achieve the highest degree of decentralization in the future. We also believe that, the market size of specific hardware equipment, can to some extent imply the upper limit of the consensus ecosystem that mines with the equipment. From the perspective of hardware industry market data, mechanical hard disks(HDD) alone has a scale of 20–25 billion US Dollars and 300 million units of annual shipment. Compared with the scale of 10–15 billion US dollars and 50 million units of annual shipments of external GPUs, we can draw the conclusion that the storage equipment market has all the capability to cultivate an ecosystem of PoC mining no less than GPU mining in size.
https://miro.medium.com/max/3440/1*hWynzYdBnMKT5Qnaciu4KA.png

In fact, Lava’s birth benefited from PoW miners’ recognition and support of the PoC consensus. China is a top bitcoin producer in the globe and has formed a super-large scale mining industry. However, the high energy consumption and geographical centralization of PoW have disrupted the local energy markets and the construction of energy infrastructure to some extent. This issue is not limited to China. A large number of PoW miners are looking for another alternative that can replace PoW or at least complementarity. PoC is the best solution at present.

We have collected the annual changes in the total capacity computing power of the entire network since the birth of PoC (2014–2019), and found that this exponential growth trend is more in line with PoW’s computing power growth curve:
https://miro.medium.com/max/2008/1*jFd178Q0IyhGFwbfdCJFzA.png
Mining Power Trend of PoC and PoW

It can be seen that PoC still has the momentum to maintain rapid growth, and the total capacity computing power will still increase significantly. Since there is no “substitution effect” between PoC and other existing consensus mechanisms, it is expected that once the PoC ecosystem explodes, the market can easily accommodate 1 Top10 and 2 ~ 3 Top30 PoC projects. In fact, Lava has grown from zero to the second-largest PoC project concerning capacity power within half a year of operation. Lava accounts for about one-third of the total PoC capacity power at present and is steadily marching towards the real leadership of the PoC consensus.

The features of PoC determine that it has strong similarity and complementarity with PoW. Considering that storage devices have a very high degree of versatility and universal usage as IT infrastructure, we believe that PoC can form a market value of the same order of magnitude as PoW in the medium and long term.

Lava is a decentralized digital infrastructure based on PoC consensus, positioning itself as “the Root-of-Trust from Global Storage”. Lava is now open-source and available on GitHub:https://github.com/lavaio/lava

Learn more about Lava from the official website: https://www.lavatech.org
This view is very interesting, but I am not sure if PoC can be replaced
newbie
Activity: 34
Merit: 0
Lava is Marching Towards the Leader in the PoC Ecosystem



Lava is neither the first nor the only PoC project. Lava refers to the technical details in the consensus level from the PoC ancestor Burstcoin and combines with the codebase of Bitcoin to achieve absolute reliability from the bottom layer of the blockchain. Lava is the first PoC project to implement a completely open-source code after Burstcoin. During the project startup phase, Lava did not conduct any form of ICO and public fundraising activities; the founding team retained 7% of the total supply of tokens and this was allocated in the genesis block.

Regarding the consensus mechanism, although Lava has referred to the technical details of Burstcoin, we have always maintained in-depth exploration and research on PoC consensus. At present, Lava has not only accumulated a large number of unique technical achievements but also began to try to lead industry standards and propose new concepts. Recently, Lava has launched a key PoC2+ consensus protocol upgrade. The new standard reshapes the most critical Plotting process in PoC, repairs the technical loopholes in the original standard, and ensures that PoC consensus can achieve higher security. By mathematically clarifies the ownership of the plot file, the new standard has for the first time achieved a rigid attribution for the PoC capacity power and established the foundation in the consensus level for long term development of the whole PoC ecosystem.

Lava is expanding the application of PoC consensus in the financial field to realize the connection between PoC consensus and the real world. At present, we have reached preliminary strategic cooperation with one investment bank holding STO license, and plan to issue a number of securitization tokens based on real-world assets (real estate, etc.) on Lava mainnet in 2020. We have adopted the technical architecture of Confidential Asset, and used threshold signatures and ring signatures to verify UTXO. Under the premise of ensuring verifiability and traceability, we can hide asset information in transaction data. This technical solution will also be implemented in the first half of 2020.

At the same time, Lava is also actively exploring applications in the storage and data fields, such as supporting centralized storage applications and PoC3 (a Plotting scheme based on effective storage content). Just as PoW mining has promoted the development of the large-scale integrated circuit industry, Lava’s PoC mining ecology is also trying to promote the iteration of storage algorithms and the application will have meaningful social value.
Lava is a decentralized digital infrastructure based on PoC consensus, positioning itself as “the Root-of-Trust from Global Storage”. Lava is now open-source and available on GitHub:https://github.com/lavaio/lava

Learn more about Lava from the official website: https://www.lavatech.org



I think Lava is the best POC project
newbie
Activity: 34
Merit: 0
What other public events does the team plan to participate in in the near future ?
newbie
Activity: 34
Merit: 0
Will there be more interviews with team members ? Kiss
Not available at the moment, maybe an interview later
May I could translate the interview for you. So more people can know this project. Grin
newbie
Activity: 69
Merit: 0
I will continue to monitor how everything will work further and I will buy tokens for me.
So it is important to understand what exchange the listing will be on.
Please join the telegram group and keep following the news.
newbie
Activity: 69
Merit: 0
Will there be more interviews with team members ? Kiss
Not available at the moment, maybe an interview later
newbie
Activity: 69
Merit: 0
PoC: a Consensus Mechanism of Huge Potentials

PoC (Proof of Capacity) is a consensus algorithm with multiple superior characteristics and huge application potential. As an important branch of today’s existing consensus mechanisms, PoC is still undiscovered and underrated by the market. A truly fair, open and meaningful project was needed to convey the decentralized concept of PoC to the world, so we launched Lava.

PoC has better decentralization characteristics than PoW, while ensuring the same level of security and openness. PoC is based on storage device mining while miners compete for block forging by providing larger storage capacity to ensure network security. Compared with PoW’s hash computing devices, PoC’s storage devices consume only a small fraction of electric power. Thus PoC is cleaner and easier to help consensus achieve wider geographical distribution. In addition, storage devices, as the most general and universal hardware of global IT infrastructure, leaves no space for “ASIC-lization” and monopolization by any individual or organization. PoC is a totally permissionless, open and fair network where “capacity power” could join or withdraw anytime, anywhere and threshold-free.

Considering the versatility and universal usage of storage devices, PoC is a consensus mechanism that has the potential to achieve the highest degree of decentralization in the future. We also believe that, the market size of specific hardware equipment, can to some extent imply the upper limit of the consensus ecosystem that mines with the equipment. From the perspective of hardware industry market data, mechanical hard disks(HDD) alone has a scale of 20–25 billion US Dollars and 300 million units of annual shipment. Compared with the scale of 10–15 billion US dollars and 50 million units of annual shipments of external GPUs, we can draw the conclusion that the storage equipment market has all the capability to cultivate an ecosystem of PoC mining no less than GPU mining in size.
https://miro.medium.com/max/3440/1*hWynzYdBnMKT5Qnaciu4KA.png

In fact, Lava’s birth benefited from PoW miners’ recognition and support of the PoC consensus. China is a top bitcoin producer in the globe and has formed a super-large scale mining industry. However, the high energy consumption and geographical centralization of PoW have disrupted the local energy markets and the construction of energy infrastructure to some extent. This issue is not limited to China. A large number of PoW miners are looking for another alternative that can replace PoW or at least complementarity. PoC is the best solution at present.

We have collected the annual changes in the total capacity computing power of the entire network since the birth of PoC (2014–2019), and found that this exponential growth trend is more in line with PoW’s computing power growth curve:
https://miro.medium.com/max/2008/1*jFd178Q0IyhGFwbfdCJFzA.png
Mining Power Trend of PoC and PoW

It can be seen that PoC still has the momentum to maintain rapid growth, and the total capacity computing power will still increase significantly. Since there is no “substitution effect” between PoC and other existing consensus mechanisms, it is expected that once the PoC ecosystem explodes, the market can easily accommodate 1 Top10 and 2 ~ 3 Top30 PoC projects. In fact, Lava has grown from zero to the second-largest PoC project concerning capacity power within half a year of operation. Lava accounts for about one-third of the total PoC capacity power at present and is steadily marching towards the real leadership of the PoC consensus.

The features of PoC determine that it has strong similarity and complementarity with PoW. Considering that storage devices have a very high degree of versatility and universal usage as IT infrastructure, we believe that PoC can form a market value of the same order of magnitude as PoW in the medium and long term.

Lava is a decentralized digital infrastructure based on PoC consensus, positioning itself as “the Root-of-Trust from Global Storage”. Lava is now open-source and available on GitHub:https://github.com/lavaio/lava

Learn more about Lava from the official website: https://www.lavatech.org
newbie
Activity: 69
Merit: 0
Lava is Marching Towards the Leader in the PoC Ecosystem



Lava is neither the first nor the only PoC project. Lava refers to the technical details in the consensus level from the PoC ancestor Burstcoin and combines with the codebase of Bitcoin to achieve absolute reliability from the bottom layer of the blockchain. Lava is the first PoC project to implement a completely open-source code after Burstcoin. During the project startup phase, Lava did not conduct any form of ICO and public fundraising activities; the founding team retained 7% of the total supply of tokens and this was allocated in the genesis block.

Regarding the consensus mechanism, although Lava has referred to the technical details of Burstcoin, we have always maintained in-depth exploration and research on PoC consensus. At present, Lava has not only accumulated a large number of unique technical achievements but also began to try to lead industry standards and propose new concepts. Recently, Lava has launched a key PoC2+ consensus protocol upgrade. The new standard reshapes the most critical Plotting process in PoC, repairs the technical loopholes in the original standard, and ensures that PoC consensus can achieve higher security. By mathematically clarifies the ownership of the plot file, the new standard has for the first time achieved a rigid attribution for the PoC capacity power and established the foundation in the consensus level for long term development of the whole PoC ecosystem.

Lava is expanding the application of PoC consensus in the financial field to realize the connection between PoC consensus and the real world. At present, we have reached preliminary strategic cooperation with one investment bank holding STO license, and plan to issue a number of securitization tokens based on real-world assets (real estate, etc.) on Lava mainnet in 2020. We have adopted the technical architecture of Confidential Asset, and used threshold signatures and ring signatures to verify UTXO. Under the premise of ensuring verifiability and traceability, we can hide asset information in transaction data. This technical solution will also be implemented in the first half of 2020.

At the same time, Lava is also actively exploring applications in the storage and data fields, such as supporting centralized storage applications and PoC3 (a Plotting scheme based on effective storage content). Just as PoW mining has promoted the development of the large-scale integrated circuit industry, Lava’s PoC mining ecology is also trying to promote the iteration of storage algorithms and the application will have meaningful social value.
Lava is a decentralized digital infrastructure based on PoC consensus, positioning itself as “the Root-of-Trust from Global Storage”. Lava is now open-source and available on GitHub:https://github.com/lavaio/lava

Learn more about Lava from the official website: https://www.lavatech.org


newbie
Activity: 34
Merit: 0
I will continue to monitor how everything will work further and I will buy tokens for me.
So it is important to understand what exchange the listing will be on.
newbie
Activity: 34
Merit: 0
Will there be more interviews with team members ? Kiss
newbie
Activity: 69
Merit: 0
Event | Lava 2020 ‘Bring PoC to the World’ Roadshow in Vietnam

Lava is continuously expanding its global community, and with March has started, it is officially time for Roadshow season to begin! We’re kicking off our first stop global roadshow ‘Lava 2020 | Bring PoC to the World’ in Ho Chi Minh City, Vietnam on March 21st!

https://i.imgur.com/zS5dbvY.png
If you are located near there, welcome to stop by our event! We’re looking for as many community members to attend this event as possible, and we’ve prepared some $LV airdrop for attendees!

Attending our event, you will have the opportunity to receive many attractive gifts. In particular, we will airdrop 20,000 LV for event attendees:
- 15,000 LV for 50 people registered to attend and come to check in earliest (300 LV each).
- 5,000 LV for the 5 best questions selected by the presenter to answer in the event.

To register for the event and ask questions about this event, please send information to FORM: https://forms.gle/Fp7j2JEpgCCxchXM6

As the COVID-19 outbreak spreads worldwide, this roadshow may be postponed. Our local co-hosted organizers Bvnex and XinchaoBTC.com have given close attention to the local health authorities and the Gov. Once there is any shift of our event, we will share details as soon as we’re confirmed. Our commitment is to give a wonderful roadshow in Vietnam on the premise of the safety of our community!


Lava is a decentralized digital infrastructure based on Proof-of-Capacity(PoC) consensus, positioning itself as “the Root-of-Trust from Global Storage”. Lava is now open-source and available on GitHub:https://github.com/lavaio/lava. Learn more about Lava from the official website: https://www.lavatech.org

Looking forward to your progress!And hope the epidemic will get better soon. Embarrassed
Lava is also actively exploring applications in the storage and data fields, such as supporting centralized storage applications and PoC3 (a Plotting scheme based on effective storage content).
newbie
Activity: 69
Merit: 0
Event | Lava 2020 ‘Bring PoC to the World’ Roadshow in Vietnam

Lava is continuously expanding its global community, and with March has started, it is officially time for Roadshow season to begin! We’re kicking off our first stop global roadshow ‘Lava 2020 | Bring PoC to the World’ in Ho Chi Minh City, Vietnam on March 21st!

https://i.imgur.com/zS5dbvY.png
If you are located near there, welcome to stop by our event! We’re looking for as many community members to attend this event as possible, and we’ve prepared some $LV airdrop for attendees!

Attending our event, you will have the opportunity to receive many attractive gifts. In particular, we will airdrop 20,000 LV for event attendees:
- 15,000 LV for 50 people registered to attend and come to check in earliest (300 LV each).
- 5,000 LV for the 5 best questions selected by the presenter to answer in the event.

To register for the event and ask questions about this event, please send information to FORM: https://forms.gle/Fp7j2JEpgCCxchXM6

As the COVID-19 outbreak spreads worldwide, this roadshow may be postponed. Our local co-hosted organizers Bvnex and XinchaoBTC.com have given close attention to the local health authorities and the Gov. Once there is any shift of our event, we will share details as soon as we’re confirmed. Our commitment is to give a wonderful roadshow in Vietnam on the premise of the safety of our community!


Lava is a decentralized digital infrastructure based on Proof-of-Capacity(PoC) consensus, positioning itself as “the Root-of-Trust from Global Storage”. Lava is now open-source and available on GitHub:https://github.com/lavaio/lava. Learn more about Lava from the official website: https://www.lavatech.org

]Since this is the first stop, where else will u go? I'm in Japan and hope to see you.
We may hold road shows in Asian countries first, so it is possible for Japan to go. Hope to see you soon.
newbie
Activity: 34
Merit: 0
Event | Lava 2020 ‘Bring PoC to the World’ Roadshow in Vietnam

Lava is continuously expanding its global community, and with March has started, it is officially time for Roadshow season to begin! We’re kicking off our first stop global roadshow ‘Lava 2020 | Bring PoC to the World’ in Ho Chi Minh City, Vietnam on March 21st!

https://i.imgur.com/zS5dbvY.png
If you are located near there, welcome to stop by our event! We’re looking for as many community members to attend this event as possible, and we’ve prepared some $LV airdrop for attendees!

Attending our event, you will have the opportunity to receive many attractive gifts. In particular, we will airdrop 20,000 LV for event attendees:
- 15,000 LV for 50 people registered to attend and come to check in earliest (300 LV each).
- 5,000 LV for the 5 best questions selected by the presenter to answer in the event.

To register for the event and ask questions about this event, please send information to FORM: https://forms.gle/Fp7j2JEpgCCxchXM6

As the COVID-19 outbreak spreads worldwide, this roadshow may be postponed. Our local co-hosted organizers Bvnex and XinchaoBTC.com have given close attention to the local health authorities and the Gov. Once there is any shift of our event, we will share details as soon as we’re confirmed. Our commitment is to give a wonderful roadshow in Vietnam on the premise of the safety of our community!


Lava is a decentralized digital infrastructure based on Proof-of-Capacity(PoC) consensus, positioning itself as “the Root-of-Trust from Global Storage”. Lava is now open-source and available on GitHub:https://github.com/lavaio/lava. Learn more about Lava from the official website: https://www.lavatech.org

Looking forward to your progress!And hope the epidemic will get better soon. Embarrassed
newbie
Activity: 34
Merit: 0
Event | Lava 2020 ‘Bring PoC to the World’ Roadshow in Vietnam

Lava is continuously expanding its global community, and with March has started, it is officially time for Roadshow season to begin! We’re kicking off our first stop global roadshow ‘Lava 2020 | Bring PoC to the World’ in Ho Chi Minh City, Vietnam on March 21st!

https://i.imgur.com/zS5dbvY.png
If you are located near there, welcome to stop by our event! We’re looking for as many community members to attend this event as possible, and we’ve prepared some $LV airdrop for attendees!

Attending our event, you will have the opportunity to receive many attractive gifts. In particular, we will airdrop 20,000 LV for event attendees:
- 15,000 LV for 50 people registered to attend and come to check in earliest (300 LV each).
- 5,000 LV for the 5 best questions selected by the presenter to answer in the event.

To register for the event and ask questions about this event, please send information to FORM: https://forms.gle/Fp7j2JEpgCCxchXM6

As the COVID-19 outbreak spreads worldwide, this roadshow may be postponed. Our local co-hosted organizers Bvnex and XinchaoBTC.com have given close attention to the local health authorities and the Gov. Once there is any shift of our event, we will share details as soon as we’re confirmed. Our commitment is to give a wonderful roadshow in Vietnam on the premise of the safety of our community!


Lava is a decentralized digital infrastructure based on Proof-of-Capacity(PoC) consensus, positioning itself as “the Root-of-Trust from Global Storage”. Lava is now open-source and available on GitHub:https://github.com/lavaio/lava. Learn more about Lava from the official website: https://www.lavatech.org

]Since this is the first stop, where else will u go? I'm in Japan and hope to see you.
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