A New Trend: Public Chains Such As Deer Network Will Win The Metaverse Race
Recently, Facebook revealed its vision for the metaverse, Microsoft Chairman and CEO Satya Nadella announced the company’s plans to enter the Metaverse during Microsoft Inspire, and the South Korean government said it will invest 46 million USD in the metaverse and blockchain space next year. All news involving metaverse affirmed that metaverse is once again a hot topic of conversation for many.
Metaverse is an editable virtual world which has a complete system of economic, social, and decentralized authentication system, and is made up of a combination of multiple elements including real-world situations. Such a complete virtual ecosystem has very high demands on the stability and sustainability of its algorithms and computing power. In order to lower the barrier-to-entry for users and expand the market, it is necessary to decouple computing from the client, and complete computing or real-time cloud rendering services in the cloud. Therefore, a distributed cloud system of dynamic allocation of computing power will also become an important infrastructure in the metaverse.
We can see how does the metaverse in the future will look like through GameFi. Compared to some metaverse public chains that have been receiving high attention in the market, excluding those major public chains, the Deer Network is also actively developing its decentralized exchange, NFT trading platform, device sharing, digital entertainment, Internet of Things, improving its traceability and building its distributed CDN and other metaverse-related projects. Currently, devices connected to the Deer network can be shared and traded in the device-sharing market. Besides that, its perfect adaptation to lightweight applications makes Deer Network the first commercially available distributed CDN acceleration solution that uses blockchain technology. So, what kind of public chain is Deer Network?
Deer Network is built based on the trust and cohesion of blockchain, and through technological innovation and optimization, it will be able to improvise on decentralized storage scenarios. With that, a reliable, efficient, and ubiquitous decentralized cloud services ecosystem is created.
In the Deer Network model, applications can launch smart contracts and smart applications when certain events occur, and this is done through the establishment of a set of trusted data sources. Then, by setting a benchmark, the applications can specify that the smart contract only runs on a few nodes, saving a large amount of computing power for the entire network. It is also possible to designate a small number of nodes for the transmission and storage of main data, which makes it possible to apply big data analysis and artificial intelligence operations in the blockchain, and greatly reduces computing power and energy consumption. Deer Network creates a globally shared metaverse infrastructure public chain with self-repair capabilities by connecting scattered storage and computing resources.
Deer Network has constructed a new blockchain architecture system. As it positioned itself as a metaverse infrastructure chain, it is designed to achieve performance expansion of decentralized applications. This is achieved by creating an operating system-like architecture that can build applications. The architecture provides account, identity and license management, policy management, databases, asynchronous communication, and program scheduling on thousands of CPUs, FPGAs, or other devices. The blockchain is a new architecture that uses low-latency, high-concurrent hardware acceleration technology that enables 10,000 transactions per second and confirms transactions within seconds.
To sum up, we see metaverse as a future development trend. Since its technology is all related to the current cutting-edge technology, metaverse definitely has its comparative advantages, and Deer Network will become one of the metaverse giants and excel amongst its competitors. With more and more companies in the Internet industry entering the metaverse space, the era of the metaverse will not be far from us anymore.
Article Source: YOshi
Original Article Source: 赛道变革，DEER NETWORK等公链抢跑元宇宙 (qq.com)
