The Core Value of Ethanim: implement decentralization with technology and innovation system
Under the influence of global economic inflation and Fed rate rise, traditional manufacturing industry, traditional finance and Internet industry have been greatly affected, but the metaverse industry presents a thriving scene. Not only the technology giants laid out, but many capitals around the world also continued investment in the metaverse industry. From the concept of “everything can be metaverse” to the listing of Roblox, the first stock of metaverse, Meta changed its name from Facebook and all in metaverse, and the release of Microsoft enterprise metaverse, the metaverse industry is developed at a high speed and combined with many other industries to implement applications.
At present, among the projects with rapid growth in the metaverse industry, more than 95% of the blockchain projects are applications, while less than 5% of the projects build the underlying architecture and ecology. Compared with the applications, the road of building the underlying architecture and ecology is more difficult. It requires not only strong technical strength, but also innovative operation logic that can solve industry problems and unite other projects to build the ecology. Ethanim, the metaverse infrastructure, is the latter. It aims to solve the decentralization problem of large applications in the metaverse through technology and innovative operation logic, and build the metaverse ecology at the same time.
Ethanim mainly helps large metaverse applications be decentralized through two aspects: one is RSM (Reliable State Machine) that combines blockchain and trusted computing technology to support decentralized container hosting of large applications. It avoids the problem of slow consensus reaching by blockchain network nodes and makes the performance of decentralized applications comparable to the traditional centralized applications; the other is the organic combination of edge computing, virtual GPU, distributed storage, VR/AR through pluggable techniques to form a comprehensive solution for metaverse.
New solution for decentralized hosting of large applications — RSM (Reliable State Machine)
Due to the decentralized property of blockchain itself, the chain-based applications require nodes to reach consensus to run continuously, such as games, social, e-commerce and other large applications deployed to the blockchain. It is difficult for many nodes to reach consensus quickly, so the whole application is difficult to run efficiently. Even many GameFi developed based on blockchain only deploy Token assets and simple calculation logic on the chain, and most of the logic calculation in the chain games is still centralized.
To solve this problem, Ethanim adopts a new infrastructure design concept, which changes the traditional blockchain implementation path of “seeking consensus among untrusted nodes” to “making nodes trustworthy and performing computations by them”. Ethanim’s original RSM container service puts the back-end services, which are not yet available on the chain, into a trusted constraint, and uses the validators deployed by users’ laptops to validate the trustworthiness of RSM by consensus. So that the application’s computation runs in a safe and trustworthy off-chain environment. It ensures that the application runs efficiently under the premise of complete decentralization.
In addition, the trusted state machine will package the image of the application before running, and continuously clone the data snapshot at runtime and store it in the decentralized file system, while saving the index hash to the main chain. Users don’t need to worry about the application being suspended, shut down, or the rules being modified at will. Even if the application is shut down, users on the application, can redeploy the application and recover it to the past versions by downloading the hash index from the main chain, which will make the application be eternal.
Technology Lego, combine Modularity and pluggability
At the technical architecture level, Ethanim adopts the “Lego” model, specifically designed for the decentralization of large-scale applications, modularizing edge computing, virtual GPU, decentralized storage and other techniques. It combines them with pluggable blockchain, compatible with the frontier techniques for the realization of the metaverse, laying a solid foundation for the implementation of the metaverse.
Ethanim solves the decentralization problem of large-scale applications through its innovative verification model, which is the core value and mission of Ethanim. Ethanim will build a metaverse infrastructure platform based on its technical advantages, so that more applications can be decentralized and the real metaverse will come.
Bloomberg Industry Information expects metaverse to reach $800 billion market size by 2024, and PwC expects metaverse market size to reach $1.5 trillion by 2030. Metaverse is not only favored by more and more traditional Internet companies, but innovative metaverse projects are also emerging. Next, Ethanim will continue to cooperate with many metaverse projects or organizations to promote the development of metaverse industry.
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