1、Can you introduce yourself to us first?
Hi everyone, my name is Molly and i’m the marketing lead of CESS.Today I will represent CESS to introduce you all about our project with all the key features and technologies.
2、What is CESS?
Cumulus Encrypted Storage System (CESS) is a blockchain based decentralized cloud data network, built with Substrate open-source framework. CESS aims to establish the first decentralized storage project that supports large-scale commercial applications. The whole project mainly has three modules.
（1）Data Storage and Discovery Layer: The cloud-based data storage management layer provides complete data services: data preprocessing (copy + redundancy + slicing + encryption, etc.), data storage, data retrieval (node discovery + caching + indexing, etc.), and data display. This robust layer allows CESS to achieve its ultimate goal of providing data services for commercial uses at a large scale, which outperforms IPFS.
（2）Blockchain Layer: It is a Substrate-based decentralized blockchain layer with high performance, high scalability and innovative consensus.
（3）Application Layer: The powerful and full-featured application layer includes a complete API interface and a smart contract platform (WASM+EVM) on which DApps can be launched directly to handle high-volume data transactions and processing. The usability and easy integration to our management layer and smart contract platform encourage commercial users of any size to join. This is a layer neither IPFS(+FIL) or any other decentralized storage protocol offers good functionality.
3、Can you introduce your team Members to us?
The background of our team members includes but is not limited to cloud computing and storage, involved in cloud-related PaaS and SaaS products research and development; unique insights into the network development, cryptography algorithm implementation, and performance optimization; comprehensive knowledge of public chain and played a major role in the development of public chain focusing on the delivery of commercial applications. The members are working in the UK, US, China and India locations with the commitment to create a decentralized cloud storage data network for commercial use.
For details, you can go to CESS’s official website. (https://www.cess.cloud/ )
4、Why is CESS valuable compare to others?
None of the decentralized storage projects currently can support large-scale and high-volume commercial applications very well. CESS has firmly chosen the decentralized commercial storage track from day one. CESS firmly believes succeeding in the decentralized commercial storage track will provide CESS more commercial opportunities, generate a stronger cash flow, and gain more profitable monetization opportunities comparing to the projects in permanent storage track (i.e. ARWEAVE, SubSpace). As decentralized storage technology becomes mature, CESS will eventually become a popular storage option like AWS and Google cloud. As for now CESS is directly competing with IPFS+FIL on the same track, CESS’s goal is to become the strongest large-scale commercial storage player in this market sector.
CESS has two core values, and it is worthwhile for you to have a deep understanding of our technologies.
l Becoming a leading player in the cloud storage field of Web3.0 infrastructure, dedicated to providing the decentralized storage function for extensive commercial applications.
CESS is a full-stack solution, from the bottom layer to the application layer, each layer reflects the strong support for commercial applications. Whether traditional web2.0 or crypto-native applications, businesses of any size can access CESS’s storage through APIs, a crucial feature allowing us to become a key component of web3.0 infrastructure, which IPFS+FIL lacks.
l Building a robust CESS ecosystem.
CESS has a smart contract platform that supports WSAM and EVM, allowing crypto-native applications to launch directly on the CESS chain. NFT, blockchain game, and metaverse applications that need decentralized storage can become the native applications of CESS while having technological support from CESS’s underlying infrastructure, helping CESS form an ecosystem. A public chain with its own ecosystem is highly competitive and has excellent investment value to investors.
5、Please explain us more about the unique features of CESS decentralized distributed cloud data storage service
Encrypted data storage
Multiple copies (3 copies by default, more upon request)
Sharded and distributed on multiple nodes
Transactions Secured by CESS blockchain
Data rights protection for data owners
Competitive cost, storage resources are contributed by miners around the world
CESS achieves data security and high availability, data privacy is protected, multiple types of data are authenticated, lower cost, fast and concurrent transactions, open and fair participation, high performance and efficient trusted data storage.
6、What is CESS’s consensus mechanism ?
CESS’s consensus mechanism (R²S) focuses on admission, verification, rotation, punishment, and quitting. The node becomes a candidate consensus node by staking a certain number of tokens; CESS system randomly selects 11 consensus nodes from many candidate consensus nodes during any given time window; the consensus nodes on-duty use the Byzantine fault-tolerant consensus algorithm to package transactions and produce blocks; at the same time, a reasonable reward and punishment mechanism encourages consensus nodes on duty to contribute in the network. Consensus nodes do not contribute to storage computing power. The participation of consensus nodes is always fair, preventing the nework being manipulated by supernodes, achieving low gas costs, fast transaction processing throughput (10,000TPS) and consensus security.
7、Why should the project choose Substrate?
First of all, Substrate’s technical framework is outstanding, and it is very friendly to CESS — — an application-based blockchain.CESS can use many tools that have been developed directly for the development of CESS, which is very friendly to the performance and functional support of the CESS public chain.
Secondly, you can join Substrate technical community, CESS project can have more opportunities to share and communicate with technical people from all over the world, and look for developers to hire based on CESS public chain and consensus in development.
Finally, after joining the Polka ecosystem, CESS can provide decentralized storage services to other projects in the Polka ecosystem, which is also very helpful to the ecosystem development of CESS, and there are many excellent projects in the Polka ecosystem, CESS can cooperate with other projects and use their developed technologies to introduce CESS development. The CESS open-source module is also available to other projects in the Polka ecosystem, together with other projects for the arrival of WEB3.0 Together we can help.
8、When did CESS join the Web3/Polkadot ecosystem and what impact will it have?
We’ve joined Polkadot ecology and obtained Poka ecology W3Fgrant (wave11) in October 2021.The first and second milestones have been delivered and passed， the 3rd milestone has been completed, and the application has been submitted and is awaiting approval.
We’ve submitted the Substrate Builders Program interview and we are confident that we will pass. The passing of this program can be a great endorsement and verification of our blockchain technology development capability.
CESS claimed first place in the 2021 Polkadot Global Hackathon.
9、What are the advantages of CESS Cloud Storage?
Data security and high availability
Data Privacy
Miner Fairness
Energy efficiency
Multi-format Data to Store
To meet enterprise-level demands
10、How does CESS provide complete data services with a powerful performance at a low cost?
CESS provides complete data services with powerful performance at a low cost. CESS achieves this goal from its pricing mechanism, data preprocessing, and technologies like storage virtualization. It has a flexible storage pricing mechanism that shows real-time pricing based on the market storage demand, supply, and current price, so that the storage supply and demand can be dynamically balanced. It guarantees reasonable storage prices, yet remains profitable for miners at all times.
The pricing is probably like this：
• Every block epoch, a base price will be obtained through CESS oracle from the current market price (such as the latest price of FIL)
• This base price will be proposed by a randomly selected on-duty consensus node and be broadcasted through the network for the consensus.
• This price will be final for the defined time period (often one block epoch), if there is consensus. Otherwise use the previous base price in the previous block epoch till the new price exists.
Data preprocessing contributes more than data security; data slicing allows small data segments to be distributed on multiple nodes, significantly lowering miners’ hardware requirements when incorporating storage virtualization and pooling technologies. With low hardware investments, users pay less for miners to be profitable, which encourages more miners to join, expanding and leading to a more decentralized storage network.
11、How does CESS handle high-throughput data processing for large-scale commercial applications?
Fast data retrieval is fundamental to getting CESS ready to handle high-volume data processing and transactions towards commercialization.
a) CESS assigns two additional miner types: cache miner and retrieval miner, responsible for fast indexing, discovering, and returning data promptly and securely. Each miner type performs duties and is incentivized individually to prevent manipulation by giant nodes, promoting a healthy network.
b) During data preprocessing, data is sliced into small data segments at equal length, facilitating better organization and fast data retrieval.
c) CESS’s novel consensus mechanism guarantees quality miners are always on duty, eliminating any potential poor performance and achieving rapid transaction processing of 10 thousand TPS on a single chain.
12、How to be a part of the CESS ecosystem?
In order to promote network growth, in addition to the incentive system at the technical level, CESS introduces a main node incentive mechanism. Miners who meet the incentive level will be issued CESS tokens.
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Storage mining:
Miners with storage capacity join either the storage network or content delivery network to earn tokens proportional to their bandwidth and storage capacity. -
Consensus mining:
Miners/nodes with qualified computational resources can deposit collaterals in form of CESS tokens to become candidate consensus nodes. If selected by CESS random consensus mechanism as 11 on-duty nodes, these nodes can earn rewards. -
Community contribution:
To further promote the CESS network, developers, community members and partners can submit their proposals and receive community votes. When a quorum is established, corresponding rewards will be issued from the blockchain system. -
Token governance will adopt the Decentralized Autonomous Organization (DAO) to achieve on-chain governance capability. CESS community transparently operates the Community Development Fund (CDF) through the votes.
13、What is the CESS Token distribution?
The total is 10 billion, and the detail distribution is as follows:
55%, Miners, linear vesting, halved every 4 years
15%, Initial contributors, linear vesting for 6 years
10%, Community/DAO/incentives and advertisements
10%, Financing for future development·
5%, Cooperative partners, DAO
5%, Reserved for emergency use and future ecology development
14、Will there be public and private sales for CESS?
Yes. We are waiting for the official announcement.FREE Q&A
What are the ways for your project to generate revenue in the long run?
CESS offers the storage service for a fee and it is how CESS plans to generate revenue as the base business model. CESS will charge a reasonable price based on the storage space and the time period with a dynamic pricing strategy, briefly described as below.
· Every block epoch, a base price will be obtained through CESS oracle from the current market price (such as the latest price of FIL)
· This base price will be proposed by a randomly selected on-duty consensus node and be broadcasted through the network for the consensus.
· This price will be final for the defined time period (often one block epoch), if there is consensus. Otherwise use the previous base price in the previous block epoch till the new price exists.
What is the progress of business development and what are some of your commercial partnerships?
CESS has an excellent team to commercialize technologies via solid business development and partnership.
Partnership with Polkadot Ecosystem
CESS has a capable engineering team with rich experience in core technology fields such as cloud storage, Substrate, blockchain, and application development.
Joined W3F grant program in Wave 11 in October. M1 and M2 delivered, and M3 submitted. The quick delivery demonstrates CESS’s code quality and ability to provide complex and extensive protocol.
Won 1st place in the 2021 Polkadot Global Hackathon on the most competitive blockchain track (the other track is tool and kit). Total 800 registrations, 60+ project submissions and 17 projects in the final demo in this Hackathon.
Under final prep for the Substrate Builder Program. Scheduling the interview for late January.
Ecosystem development
CESS native NFT platform Won an exclusive contract with a Broadway show (will be on stage in 2023) for their NFT business, including NFT minting, trading, show tickets sale, director’s cut of the show, show documentary movie, show highlight clips, fan club gifts, and etc. This NFT application will be launched on CESS network through our smart contract platform (hence being CESS’s native app and a part of CESS ecosystem) and of course use CESS’s decentralized storage technology via APIs (hence being CESS’s paying client for using the functions).
• Working on the partnership with a reputable Hollywood executive artist (a lead of the visual effect studio for Marvel movies). CESS is actively engaging with his big IPs for the major launch of his NFT show in June 2022. Please note he is already designing the NFT arts for a dozen celebrities, artists, designers, and singers.
Currently a lot of people are looking at NFTs, metaverse, and games. Can you tell me what advantages will you have in this field future?
CESS has a complete application layer that allows crypto-native applications to launch directly on the CESS chain. NFT, blockchain game, and metaverse applications that need decentralized storage can become the native applications of CESS while having technological support from CESS’s underlying infrastructure, helping CESS form an ecosystem. A public chain with its own ecosystem is highly competitive and has excellent investment value to investors. CESS native NFT platform won an exclusive contract with a Broadway show (will be on stage in 2023) for their NFT business, including NFT minting, trading, show tickets sale, director’s cut of the show, show documentary movie, show highlight clips, fan club gifts, and etc. This NFT application will be launched on CESS network through our smart contract platform (hence being CESS’s native app and a part of CESS ecosystem) and of course use CESS’s decentralized storage technology via APIs (hence being CESS’s paying client for using the functions).
I want to support your project, Tell us more about the Ambassador Program and in what ways can we participate?
In order to promote network growth, in addition to the incentive system at the technical level, CESS introduces a main node incentive mechanism. Miners who meet the incentive level will be issued CESS tokens.
There are 4 kinds miners in CESS cloud data network, Consensus miners , storage miners, cache miners and retriever miners.Storage mining:
Miners with storage capacity join either the storage network or content delivery network to earn tokens proportional to their bandwidth and storage capacity.Consensus mining:
Miners/nodes with qualified computational resources can deposit collaterals in form of CESS tokens to become candidate consensus nodes. If selected by CESS random consensus mechanism as 11 on-duty nodes among many candidates miners, on duty these nodes can earn rewards.Community contribution:
To further promote the CESS network, developers, community members and partners can submit their proposals and receive community votes. When a quorum is established, corresponding rewards will be issued from the blockchain system.Token governance will adopt the Decentralized Autonomous Organization (DAO) to achieve on-chain governance capability. CESS community transparently operates the Community Development Fund (CDF) through the votes.
What is your strongest advantage that you think will make your team leading the market?
Market-position:
The first and strongest decentralized storage protocol with commercial usage in a massive scale. CESS’s vision isTo become the critical piece of web3.0 infrastructure by offering the best decentralized storage functionality with biggest market share of decentralize storage pie,
And to grow into a strong ecosystem with native apps launched on CESS.
CESS’s vision is to be the first and strongest decentralized storage protocol with real commercial usage in a massive scale. Bearing this ultimate goal, CESS determines to resolve all above mentioned major pain points. And this determination can be seen from many perspectives of CESS system, including but not limited to the system architecture, code implementation, functionality design, product delivery and talent acquisition. Below is a quick summary of CESS’s features well designed and implemented to compete with other storage projects in the market.
Fast Data Retrieval (High Frequency)
CESS assigns two brand new roles of miners: retrieval miner and cache miner dedicating on the quick data retrieval so that it is possible for CESS to return the data to calling applications per request with the performance close to the commercial standard. CESS also has the innovation in the mechanisms of data indexing and data inquiry to support the fast data retrieval. Fast Data retrieval is the essential basis of high frequency of massive data transmission, which is the future of the decentralized storage.Smart Storage Management (High Availability)
CESS has the several innovations to manage and maintain the space usage of the entire network on a decentralized mechanism, and such mechanism ensures the nodes, with small space or large one, with hardware in consumer grade or enterprise grade, can participate in the network openly and fairly, while remaining the efficient and timely space usage. Meanwhile CESS innovatively utilizes data processing and slicing technics to maximize the storage usage efficiency. These two technologies combined achieves the high availability, which often is considered the most important factor of cloud storage.High Data Security
Upon the receiving the file storage request, CESS will duplicate the file with multiple copies (3 by default and more with fee) and prepare and encrypt the data in a way that data can be securely saved on random nodes. So the chance of data loss because of node quitting the network is significantly lowered and the data breach is technically impossible.Full Functionality to Maximize the Commercialization
CESS offers a full set of APIs for price inquiry, data retrieval, on-chain exploring, payment function and many other essential functions that a commercial application will commonly use but unfortunately not available in current decentralize storage protocols. CESS will also offer build-in smart contract (both WASM and EVM compatible) to applications launched and developed on CESS natively for the best support and functionalities.Full IPFS Compatibility
CESS also offer full IPFS compatibility so the applications currently using IPFS can be easily migrated to CESS with minimum cost. For the files already stored on IPFS protocol, they are still available to calling applications via CESS interface to explore, query and search.
All above will be support CESS unique tech
CESS Proof of Data Reduplication and Recovery (PoDR²)
CESS Multi-format Data Rights Confirmation (MDRC)
CESS Random Rotational Selection Consensus Mechanism (R²S)
CESS Proxy Re-encryption Technology
CESS Cross-Chain Interoperability Mechanism