CESS officially launches the testnet Venus, an innovative decentralized storage + CD²N
The CESS testnet Venus officially launched on July 31, 2024.Web3 is gradually moving from concept to practical application, driving new developments in the digital economy. The construction of industry-level and standardized infrastructure is steadily advancing, the industry is becoming more comprehensive, and collaboration is becoming closer. Projects like CESS are actively building innovative industry standards to enhance the standard system, laying a solid foundation for the development of Web3. This positive evolution is driven by a vision of a more secure, efficient, and democratized internet, where data sovereignty and privacy are crucial. As the industry develops, innovators are continuously addressing challenges related to data integrity, accessibility, and scalability, shaping the future of digital interactions and transactions.
In this transformative context, CESS, as a pioneer in the infrastructure field, has made significant contributions to the standardization and advancement of decentralized storage solutions. We are committed to overcoming industry pain points, establishing new performance benchmarks, and building a robust and secure Web3 ecosystem, creating a data value network where data ownership returns to users and value returns to owners.
We have named the latest testnet "Venus" to symbolize our unwavering confidence in the project's vision and ongoing construction. Venus, also known as the Morning Star, appears in the eastern sky at dawn, heralding the end of darkness and the beginning of a new day. This powerful imagery perfectly aligns with our mission: to lead the Web3 industry from uncertainty to clarity, providing data management solutions for future development.
The Venus testnet embodies our ongoing journey of building, exploring, and leading the future of decentralized storage, CD²N, and AI integration. With each iteration, we enhance infrastructure, improve data security and storage efficiency, and support the development of decentralized networks that meet the high demands of the Web3 era. The Venus testnet emphasizes our five years of dedication, continuous contribution, and innovation in the industry, serving as a "beacon" to build a brighter, safer future with data sovereignty alongside other participants.
Reviewing the Breakthrough Milestone of CESS Testnet v0.7.6
In the soon-to-conclude CESS incentivized testnet v0.7.6, the number of storage nodes has surpassed 10,000, marking a remarkable milestone for CESS in promoting decentralized storage. During the operation of v0.7.6, CESS has actively innovated and contributed to the standardization of the decentralized storage industry. In February, the IEEE (Institute of Electrical and Electronics Engineers) standards organization approved CESS's request for the standard number P3233, titled “Standard for Blockchain-Based Decentralized Storage Protocol Specification” as an industry standard proposal. The approval of this standard not only signifies CESS's authority and foresight in the technical field but also indicates that the development and application of decentralized storage technology globally will move towards standardization and normalization. In early April, CESS attended the first council meeting of 2024 as a vice council member of the “Hong Kong Web3.0 Standardization Association”, discussing and promoting the standardization process in the Web3 field with renowned enterprises and experts from various sectors.
Through several rounds of continuous updates and optimizations, we have established our foundational position in the industry, addressing a series of pain points in decentralized storage and CD²N, and striving to establish industry standards to promote the development and maturity of blockchain storage technology as a whole. Today, we are honored to announce that the Venus testnet will succeed v0.7.6, bringing a series of optimizations and updates to advance the development and application of decentralized storage technology, promoting the entire industry towards higher standards and broader application prospects.
What Problems Does the Venus Testnet Solve, and What Impact Will It Have on the Industry?
The upcoming CESS testnet Venus not only reflects CESS's significant technological advancements but also brings profound impacts on various aspects of the entire industry, including the CESS data value network, miner participation, and user experience.
From the perspective of the decentralized storage industry, the updates of the CESS testnet Venus focus on enhancing data security and storage efficiency. By optimizing the idle space proof algorithm, we have not only shortened the data processing time but also strengthened the network's security capabilities. Additionally, the Venus testnet has effectively improved the operational efficiency of storage nodes by reducing memory usage and increasing data recovery speed. These technological advancements are innovatively significant for promoting the standardization and normalization of decentralized storage technology.
From the development direction of CESS, this testnet update enables CESS to better handle and manage large-scale data demands, laying a foundation for an efficient, secure, and decentralized storage network that meets the massive storage needs of the data value network that CESS is committed to building. By expanding the deployment and management of storage nodes, CESS maximizes the utilization of hardware resources and further ensures the integrity and reliability of stored data by increasing data redundancy, which is also an innovative approach in the DePIN field under the storage track. The Venus testnet enhances the network's storage capacity and processing capabilities, providing a more stable and secure storage solution for high-frequency dynamic data in the Web3 field.
We would like to extend our special thanks to the miner partners who have actively participated in testing and accompanied CESS's continuous growth. The launch of the Venus testnet simplifies the management and deployment process of nodes through multi-storage node deployment scripts, allowing miners to efficiently manage multiple storage nodes on a single device. The optimized reward distribution mechanism ensures that miners' earnings are more stable, thus encouraging more miners to participate in the construction and maintenance of the network. We look forward to building the standards of the decentralized storage industry together with more miner partners!
At the same time, the Venus testnet has made significant improvements in enhancing user experience, with new DeOSS features such as large file breakpoint resume and pluggable file storage scheduling modules, greatly improving the convenience and efficiency of users utilizing CESS storage and CD²N services. The newly introduced DeOSS proxy authorization feature lowers the usage threshold for users, allowing them to easily authorize CESS space usage through local signing even without Gas.
In summary, the updates of the CESS testnet Venus not only enhance CESS's technical strength as a provider of decentralized cloud storage and CD²N services but also play an important role in advancing the entire blockchain storage industry. These advancements not only bring technical advantages to CESS but also set new high standards for data security, storage efficiency, and user experience within the Web3 ecosystem.
Optimization Updates and Reward Details of the Venus Testnet
The CESS testnet Venus will officially launch on July 31, 2024, at 8:00 (UTC 0), bringing a series of new features and upgrades detailed as follows:
Storage Nodes
Optimized the idle space proof algorithm, significantly shortening the time for generating random challenge proofs for idle data.
Optimized the idle data generation algorithm, reducing memory usage for each bucket generating idle data to 50% of the original.
Optimized the idle data recovery algorithm, fixing bugs that prevented normal recovery in certain cases of idle data loss, and improving the recovery speed of lost idle data.
Added multi-storage node deployment scripts to facilitate users in deploying and managing multiple storage nodes on a single device, achieving maximum utilization of hardware resources.
Updated the redundancy ratio of user data in the CESS network from 1.5 times to 3 times, further ensuring the integrity and reliability of user data storage.
CESS-DeOSS
DeOSS has added a large file breakpoint resume feature, along with corresponding go SDK calling methods.
DeOSS has introduced a pluggable download cache module to improve cache space utilization.
DeOSS has added a pluggable file storage scheduling module to enhance user file storage efficiency.
The SDK has introduced the DeOSS proxy authorization feature, which facilitates developers and Web3 applications to batch initialize and grant storage space to their users; at the same time, it lowers the usage threshold for users, allowing them to authorize DeOSS space through local signing without Gas (DeOSS pays on behalf).
The reward rules for the CESS testnet Venus are as follows:
Storage Nodes
The total reward points for all storage nodes in the CESS Venus testnet is 60,000, corresponding to 6 million $CESS in the mainnet. The final points for each node will be calculated based on the percentage of that node's Mining reward (TCESS). For example, if the total Mining rewards for the CESS network at the end of this round is 10 million TCESS, and storage node A has 10,000 TCESS at the end, then node A will receive 60 points this round. The test currency TCESS required for staking can be obtained from the CESS official faucet.
CESS faucet: https://www.cess.network/faucet.html
Note: Only nodes with Mining rewards greater than 30 TCESS at the end of this round will be considered valid.
To view the total storage computing power and storage node Mining rewards across the network, visit: https://scan.cess.network/
Consensus Nodes
There are currently no point rewards for consensus nodes in this round.
The final storage node points will be announced on CESS's official Twitter and Telegram, and points will be distributed at a ratio of 1:100 for mainnet rewards (i.e., 1 point exchanges for 100 $CESS).
CESS Twitter: https://twitter.com/CESS_Storage
CESS Telegram: https://t.me/CESS_Storage_official
Testing Guidelines
CESS account creation guide: https://doc.cess.network/user/cess-account
Storage node deployment guide: https://doc.cess.network/cess-miners/storage-miner/running
Consensus node deployment guide: https://doc.cess.network/cess-miners/consensus-miner/running
Developer DeOSS deployment guide: https://doc.cess.network/products/deoss/introduction
DAPPs deployment guide (ink and EVM): https://doc.cess.network/developer
If you encounter any issues while joining the testnet, please join the CESS Telegram to contact official personnel, and we will be happy to assist you.
CESS Invites You to Build the Future of Data Value Together
In a data-driven future, CESS, as a blockchain-based decentralized cloud storage and content distribution network (CD²N), supports large-scale commercial storage and provides a full-stack solution for high-frequency dynamic data storage and retrieval in Web3. CESS has pioneered decentralized object storage services (DeOSS), achieving decentralized data services for Web3 with the powerful performance of Web2 through significant technical strength and innovative services. We sincerely invite you to join the CESS testnet Venus and co-create a prosperous, diverse data value network with data asset sovereignty.
