The $8.9 million financing of @irys_xyz has got me recently hooked on Snake, but if you think of this project as just a dapp, you're mistaken. This "data chain" aims to disrupt far more than we can imagine. ➣ The fundamental difference between traditional storage chains and Irys. Recently, everyone has been talking about Irys, but most people only see the surface of "cheap storage." They overlook that Irys is set to make data come "alive" for the first time. Traditional blockchains separate data from execution, like separating the brain from the body. Arweave only stores, Filecoin only rents, both require external systems to make data "move." Irys's IrysVM allows smart contracts and data to interact in the same environment directly. It enables your contracts to read, modify, and process on-chain data without needing oracles or bridges. Sounds pretty cool, right? I've compiled a comparison of some mainstream "storage" projects, feel free to critique 👇 ➣ Irys's practical applications and performance advantages. In practical applications, Irys's AI training data comes with a built-in payment logic, automatically charging each time it's used. It embeds NFT copyright rules directly into the work, executing revenue sharing automatically. This is highly beneficial for creators. In terms of performance, Irys uses a multi-ledger architecture to avoid congestion and price anchoring to hard disk costs, making permanent storage expected to cost only $0.03. It puts all assets on-chain, eliminating third-party risks. Note, all on-chain. ➣ Data and the future. Irys's testnet currently has 6.96 million transactions, and with such activity on the testnet, the potential for the mainnet launch is enormous. In the future, Irys will make data no longer just dead files, but rather intelligent agents that can think, execute, and generate profit.
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