ColdStack Integrates Lambda
Dear community members, we are pleased to announce that we have completed the integration of the Lambda storage network into the ColdStack platform. This integration means users will be able to easily access Lambda through the ColdStack platform, even if they do not have their own Lambda tokens or wallet. This integration allows users to store data with Lambda while still maintaining the ability to utilize the advantages of other decentralized storages. We hope this integration will bring greater accessibility and visibility to the Lambda network.
While Lambda may not be as widely known as other recent integrations we have made such as Sia and Arweave, the Lambda network offers certain storage advantages due to their unique infrastructure and geographic specializations. As ColdStack seeks to scale globally and enable the DSN ecosystem to compete with centralized storages, we see every DSN as a vital component in creating the best platform possible.
About Lambda
Lambda has emerged as a very competitive decentralized storage service, with a specialization in serving Asian storage markets. Lambda is one of the premier DSN providers in Asia, and has a node infrastructure which enables excellent upload and download speeds throughout the continent. The geographic locations of a DSN’s node network plays a critical role in their ability to serve localized markets, and is also a factor in a DSN’s overall immutability or data preservation.
Lambda is built upon the proprietary Lambdachain and an incentive based system backed by PoST (Proof of Space Time) validation. Lambda’s storage market is driven by a dual-token system based on LAMB and TTB tokens. LAMB is the native token of the Lambda storage network, and is used for block rewards, currency circulation, transaction fees and other fees on the platform. TBB is the digital asset of Lambda’s internal decentralized storage network, and corresponds to factors such as Lambda’s storage capacity, storage mining rights, and storage space pledge transactions.
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Lambda also features Amazon S3 API compatibility, making their service more accessible compared to others. Lambda additionally offers enterprise solutions, expanding file permission access while maintaining privacy and security. Lambda’s network is rapidly growing, and has gained increased attention in the past year.
About ColdStack
ColdStack is a unified protocol which allows for the aggregation of Decentralized Cloud Storage Platforms or Decentralized Storage Networks (DSNs) such as Filecoin, Sia, and Storj. Coldstack enables the easy use of these platforms without significant integration efforts, regardless of an individual’s familiarity with DSNs. As the first-to-market Decentralized Cloud Aggregator, ColdStack offers a single-entry point to any DSN, optimizing the final costs for consumers with our proprietary AI-based pipeline. Much like how Uber supplies its clients with convenient and cost-effective rides and deliveries from a huge pool of drivers, or how 1inch sources liquidity from a number of different exchange pools, ColdStack supplies its users with the most convenient way to access storage space from any decentralized cloud.
Supporting the DSN Ecosystem
Recently, the Lambda community was stricken with the news that Lambda would be delisted from several exchanges, with the most recent being Upbit. Lambda has faced difficulties due to a number of regulations which have emerged in Asian markets such as South Korea, where Upbit is located. Though Lambda may not be as popular as Filecoin or Storj, Lambda has been around since 2018, and has provided reliable storage to users for quite some time. We at ColdStack would like to extend our sympathies to the Lambda community, as well as show our support. ColdStack is proud to offer a portal to all decentralized storages, and in turn create a level playing field for lesser-known decentralized storages to compete with giants such as Amazon and Google based on the advantages they provide. We hope to bring greater attention to the Lambda storage network, as well as the entire DSN ecosystem.
Follow ColdStack:
Official website: https://coldstack.io
Twitter: https://twitter.com/coldstack_io
Telegram: https://t.me/coldstackio
Medium: https://medium.com/coldstack
Follow Lambda:
Official website: https://www.lambdastorage.com/
Twitter: https://twitter.com/Lambdaim
Telegram: https://t.me/HelloLambda
Medium: https://medium.com/lambdaofficial
