A Decentralised Data Storage System and Economy [workshop] by Rumeel Hussain (@RumeelHussain)

ETHDubai 2023 · 15 Mar 2023 · 18:56

Rumeel Hussain introduces decentralized storage through BNB Chain, exploring its benefits and ways to connect data with economic value.

Speakers

Topics

From ETHDubai 2023, hosted by DeFi Dubai.

Transcript

hi everyone uh Welcome to 8 Dubai and the BNB Greenfield Workshop my name is sumilusen I am a senior solution architect and BNB chain and I want to Welcome All of You uh to introduce you about the Revolutionary decentralized storage that we have recently launched about pnb Greenfield fund so the let's start from here that data is the new oil everyone knows that about the data economy data economics and the data ownership is the main problem right now into the Enterprise solutions that are provided but an Enterprise data storage they are investing a lot of money in the management of the data ones to the management the complete cloud

storage sites one so we found this opportunity and we have launched about that decentralized data storage Services okay which is divided between the participants for the to edit the more Security on on this one decentralized BNB Greenfield decentralized storage allows you to the programmability so you can clearly maintain and own your data by writing their smart contracts by using the smart contracts chain which is we have about BNB smart chain it is a evm compatible chain on top of stage you can write your smart contact to create your decentralized storage applications on BNB Greenfield one and the thing is that the BNB Greenfield that we have launched it is the main

purpose of this one is to monetize the data and to get the ownership of your data the main objectives of the BNB Greenfield is one to monetize your data you can on your data and you can use your data and you can provide the access on top of the need of the data so the main innovation of the BNB Greenfield is that we are providing the decentralized infrastructure with a broader BNB chain ecosystem BNB chain has the largest ecosystems and that most users that we have one million users that were addresses that happened on BNB Greenfield in the last couple of months so we are

the one death who has a very strong ecosystem so we left out that there is a lack of that where we are lacking about the decentralized storage funds so where you can create a store and exchange data with your full ownership fund what you can we do with the meaning of the full ownership fund you can log in with your Anonymous ID you can on your data you can create it execute data on top of the uh by using the smart contracts by writing the smart contracts fund on top of a smart contact based economy okay you can get the financial value on top of this I will explain you that how you will get the financial value by using the smart contracts uh to deploy the application

on the Green Field so if you check here we have a cross chain to BSC one so here it is the BNB Greenfield blockchain which have there is on resources Oracle cross stance module and this is the BNB smart chain one BNB smart chain which is responsible for writing the smart contracts for deploying your applications there is a relays and the smart contracts events are happening between both of them so BNB Greenfield blockchain is a separate fund and the BNB smart chain is a separate blockchain the purpose of the BNB Greenfield blockchain is to uh maintain the metadata of the data and the purpose of the BNB smart chain is

that you can create application by writing a smart contracts on top of BNB Greenfield so the core of the BNB Green Field is to check here that you have in the Greenfield blockchain one you have accounts and the BNB balances you have storage metadata proof of Challenge and we are based on the cosmos SDK so what is the meaning of the proof of challenge for example that you have a data okay we have two things storage providers that I can explain you after this storage providers and the validators so validators are the one that who can maintain the availability of the blockchain availability of the data that if someone wants to get the

access of their data so validators have to send the request to storage providers storage providers has to prove the proof of challenges I requested this data there is a challenge that you have to prove it and on top of that you will get the data storage providers here is the storage service is in Pro redundancy in the backup payload and p2p1 storage services mean that uh storage service SP providers are those one who can help to provide the data where your data will be uploaded all your files either it is the PDF file or image or the videos whatever it is it will be uploaded to the SPs one either it is Microsoft Azure gcp or any

storage provided one but all your metadata will be stored to the BNB Greenfield blockchain one so this is the additional layer that is which will be gives you the authority to maintain on your data but your data will be actually to be on a SP sites one how SPS will provide you the data they have to prove of channel that if any if you guys want to request your data you want to access any data okay you will get it from ESPYs has to prove the challenge and then you will get it Greenfield validators so as I mentioned that we are based on the cosmos statistical fire app logic and tender man code that we are using as the proof

of Stack authorities one so the validators and BSC validators and the beacon chain validators are the separate validators BNB Greenfield has their own separate validators their tasks their role is to maintain the whole BNB Greenfield blockchains fund their responsibility to verify the blockchain their responsibility to maintain the stability of the blockchain and their responsibility is to verify the transactions on BNB Greenfield one so what are the awards that they will be get the rewards they will receive is the responsibility to verify data from the storage providers any storage provider is there they have to get the rewards about the phase potential fines for

example if there is uh the proof of challenges happen Okay and any storage provider is not able to complete the challenge not able to provide the requested data so he will be get slash on uh on the required challenge fund so Green Field validators have the potassium reverse mechanism that will be explained uh I will explain you later but the reward mechanism is based on that uh verifications is takings okay and others that I will explain you here so if you check here about the Green Field storage providers one storage providers what are the responsibility of the storage providers

is storing data objects responsible to download the request as I mentioned before that if you have a request and you want to download your data the storage providers are the one who will give you all your data that you are going to be requested SPS that store can data either is labeled as the objects one okay so either it is the primary SP and the secondary sp there are two types of the SVS one is the primary storage provider and the other one is the secondary storage provider the primary storage provider is one is the one that who will be the main resource for the communication of your data but if you want to get the data from others one then you will come up

with the secondary storage providers fund users should only download the data from your primary storage providers fund which provide access to data management of data ownership of your data to downloading your data all the primary functions that you you are going to do it will be happen to the your primary SPS one so as space to store and segment replica using Erasure coding this is what we are using about in our error recording so here is your objects 50 mb is there so there is a segmentation is happening by using the Erasure coding why we are using the array according is to the high availability and the data availability of your data so it will be converted into the chunks once okay and if you

check here this is your primary SP okay and here are your secondary experience so main communication of this one is happening from a piece of root hash and here is the hash which is using by the check someone so you even you can log in by using the uploading the data by the checksum will be there okay and the hash of the transactions will be there so you will identify your data in a unique way so here is the Green Field in action one I can explain you that how actually it is working okay if you check here it's the BSC one and the Greenfield one in the BSC side what is the actual role of the BSC is that you have created the application of the decentralized storage

any application which can be deployed here onto the BNB smart and blockchain one there is a resource majoring closed and communication layer and the construction which is separate then Greenfield fund here the consensus is the separate one closed in communication metering is happening green free resources but in Greenfield you have the stacking module you have a governance module and the payment module now that your metadata is here your application is deployed there okay now as a actor you can interact with the direct with the application that is deployed there which is communicating as a relay or you can directly interact with your application so if you are access to the data this is where your SP storage

provider is there okay watch is watching and all the not a one there are many storage providers either sp1 SP2 sp3 so where your challenge is coming here is the proof of challenge okay we have requested the data to storage provider storage providers will be checked to The validator Operators and they will watch that is Greenfield storage provider is providing the data or not in a timely manner so where the here the your proof of challenge part will become okay and this is the whole Trinity series of to the BNB Greenfield so we we did the comparison of how actually the BNB Greenfield different

from the others one if you check about the data redundancies one we are using the Azure coding by default which is the best approach for the high availability and the data availability layer of the applications fund and data availability proof how actually it's showing the data availability of proof of challenge that we are using persistence mechanism it is totally based on the contract base smart contracts that you are going to be right on BNB smart chain one okay data protection we are providing the access control support and data ownership support there are some of the file points and RV and the exploration these are the similar one but there have a basic difference but some of them are providing the smart contact uh availability some of not providing there

is no data one shape if you upload your data onto the RV fund your it's the full time uploading there but here in BNB Greenfield one is used has to pay how much data that you are using you have to pay on top of this one similar like Amazon S3 storage fund that we are doing about Amazon S3 the data that we are using how much storage that we are using it is similar like the same module that we have created on the brain field one user accounts directive integration with the BSC is Fun the lack of the others one is that if you are the application application is on the separates one for example about the RV one about the file

coin when there is a separation from but in the BNB Greenfield one because it is AVM compatible it is based to the BNB smart chain one okay so users have the integrated bsc's fund they don't need to create the separates account they even can use their same account address for the BSC fund and the Greenfield one because of the closed strength Communications one so if most of guys if you are familiar with the RV fan or the AWS S31 here is the similar dashboard one that whatever the storage that you have used and the bandwidth that will use if your billing is there so billing in top of here it is about it will be here into the usdt but behind it it will be into the BNB one so

the main token of the billing cycle and the payment fund it will be token model is about the BNB so here you will see the whatever the USD value if you check it is the 200 but eventually that you will convert into the BNB value what is the value they have to pay very simple this is the same one about the file storage fund is to check here about the buckets okay every bucket will be unique in every regions it will be unique as as like about the S3 Swan it so you can upload your dot PDF file dot documentation or to the video files which will be available on BNB Greenfield Bank so now the most important part is that

you are uploading your data which is available there but nobody will access it until unless that you are not going to provide the your confidential data info for example here is the file data that we have uploaded there I'm the one who will provide the Excel that by whom I can add so I can just edit those who will have the access they will get the access of the data they've downloaded the data they will use they will use it so this is from The Early Access that we are going to be launch our BNB grain field by before mid of by end of update or the mid of the uptrend so this is our white paper we have already released and we are doing multiple sessions on the

BNB gradient field one so if you want to get the BNB Greenfield uh Early Access you can scan it and join the telegram channel that we have so any questions on the Green Field please ask I'm not able yeah please no data provider will only store the

data okay but they don't have a permission to read it and until unless that you are not providing and how it works it is proof of challenge fund about the securities if you're not providing the access to anyone they will not get it but who decide that the access is right or not sorry who decides that this for example user or provider can read the data how how it's work user user have to decided that by whom that the data that can be accessible to everyone so it's work like in encryption ways I

need to encrypt the data with public addresses of yes you can your data will be encrypted with the checksum center your public address okay thank you thank you any other questions guys how will get reward validators from Greenfield okay about the validators reward it's based on about the transactions and the blocks that you

have verified as I mentioned that we are using the cosmos SDK and the tender mint consensus uh one so on top of that the reverse mechanism we have not publicly we are still working on the payments and the rewards sites and which will be hopefully uh release soon on our documentation as well docs.bnbchain.org but the reverse mechanisms will work about uh your stacking one that the stacking that you are doing you will get the rewards you will get the rewards about the you can say is taking and the other one is the retailers one okay solving the proof of Channel stocks on

top of that you will get but there are the complete list that we are still on it on top of that you will get the rewards uh for the validators one and is it possible to integrate Grandfield to with other evm based blockchains because it is the AVM bus yes you can integrate with others as well thank you is there any other question is there any other questions or should

we continue okay so we have launched our goal from Zero to Hero in web 3 it's a six month virtual bootcamp that we are doing with the end code okay if someone wants to learn about the BNB smart chain one Green Field Vines and the Hands-On development on BNB smart chain you can join our bootcamp which is online okay and the free of course that we are doing with the end course one so I think it's from my side let's build webq together thank you so much for joining have a good day bye