Please describe your proposed solution
We perceive the current problem as a lack of truly decentralized, scalable, and integrated storage solutions that can effectively handle complex data for modern Web3, IoT, and AI applications. Existing solutions, such as Dropbox, IPFS, and BitTorrent, fall short in different ways—whether it’s centralized control, block-level limitations, or lack of data consistency mechanisms.
Our proposed solution is a decentralized lattice storage system built on Convex Lattice Technology, designed to provide a comprehensive and scalable alternative. The Data Lattice offers a universal data model that supports all data formats—such as graphs, vectors, binaries, JSON, and more—enabling flexibility in building advanced distributed applications. Unlike IPFS, which is block-level and focuses on breaking files into immutable content-addressable blocks, Data Lattice can manage complex data types and entire data structures as cohesive units, ensuring eventual consistency across nodes through CRDTs. This allows for seamless updates, replication, and efficient handling of high-performance, large-scale applications requiring real-time consistency.
We chose the Data Lattice approach because it inherently supports diverse data models, scalability, and self-sovereignty, ensuring that data ownership remains with users while addressing the performance needs of modern decentralized applications. In contrast to Dropbox, which is centralized, Data Lattice provides a self-sovereign, decentralized file system (DLFS), combining the accessibility of Dropbox with the decentralization of BitTorrent and IPFS. Its support for P2P content delivery allows for efficient data distribution without central authority, enhancing privacy and autonomy for users. Unlike BitTorrent, which lacks built-in consistency or authorization, Data Lattice provides cryptographic integrity, strong encryption, and identity-based access control.
Cardano Stakepool Operators (SPOs) are a critical part of this project as they provide the decentralized infrastructure necessary for redundancy while benefiting from a new revenue stream. In addition to SPOs, our project will engage NFT holders, Web3 developers, IoT data managers, and the decentralized AI community, providing each group with a distinct value proposition—such as improved data management capabilities and self-sovereign data control.
We will prove our impact through measurable metrics, such as the number of SPOs participating, the data volumes managed by the network, the number of dApps using our storage solution, and qualitative feedback from the community regarding improved decentralization and network reliability. This solution will provide a scalable, secure, and flexible storage network that meets the complex data needs of modern decentralized applications, serving as a backend for Web3, IoT, and AI applications and delivering true data sovereignty.