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DeFi

Enhance

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Venus

Cumulus Encrypted Storage System (CESS), a decentralized cloud storage and content delivery network, has <a href="https://btcpeers.com/press-releases/cumulus-encrypted-storage-system-cess-launches-testnet-venus-to-enhance-the-future-of-decentralized-storage/" rel="noreferrer">launched</a> its latest testnet called Venus on July 31, 2024. This new testnet follows the successful conclusion of testnet v0.7.6, which saw major updates and participation from over 10,000 storage node operators. The Venus testnet is designed to further enhance the future of decentralized storage and Content Decentralized Delivery Networks (CD²N).
The name "Venus" was chosen to symbolize the beginning of a new day, reflecting CESS's vision to lead the Web3 industry from uncertainty to clarity by providing reliable data solutions. Nicholas Zaldastani, Chairman of CESS, emphasized the company's commitment to advancing blockchain storage technologies and setting industry standards. He expressed excitement about the potential of these innovations to drive industry standards and empower users with improved data security and efficiency.
Building on the achievements of testnet v0.7.6, CESS has been actively contributing to the democratization and standardization of the decentralized storage industry. A significant milestone was reached when the Institute of Electrical and Electronics Engineers (IEEE) approved CESS's standard proposal P3233, titled "Standard for Blockchain-based Decentralized Storage Protocol Specification." The CESS team also participated in the first council meeting of the Hong Kong Web3.0 Standardization Association earlier this year.
The Venus testnet introduces several optimizations and updates to enhance the application of decentralized storage technology in the Web3 sector. These improvements aim to address the need for secure, affordable, and fast data storage and retrieval, which is crucial for the development of Web3 applications. For example, DeFi wallets with millions of users require secure and rapid access to transaction history.
Testnet Venus will introduce fine-tuned innovations for storage nodes to facilitate enhanced storage capacity and processing power. These improvements are designed to ensure stable and secure solutions for high-frequency data in the Web3 space. The testnet will also simplify the deployment of multiple storage nodes on a single device for miners.
As an incentive for participation, the CESS team will reward miners with 60,000 TCESS tokens, which will be redeemable for 6 million CESS tokens after the official launch. The testnet includes several technical optimizations, such as reducing the time to generate random challenge proofs, decreasing memory usage for idle data buckets by 50 percent, and improving data recovery algorithms. Additionally, Venus will introduce multiple storage mode deployment scripts and update the redundancy multiplier for user data by 100 percent.
For the CESS-DeOSS component, testnet Venus will add features like large file breakpoint continuation, a pluggable download cache module, and a pluggable file storage scheduling module. These enhancements are expected to further improve the efficiency and functionality of the CESS network in providing secure and seamless decentralized cloud storage for Web3 projects and digital assets.

New CESS Testnet Aims to Enhance Web3 Data Solutions

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