StoreHub
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  • 01. What is Storecloud
    • What problem is STORE trying to solve?
    • What is STORE (the protocol)?
    • How does STORE launch?
      • Launch: Decentralized democracy (2021)
      • Phase 0: Cloud Miner - no rewards
      • Phase 1: BFT Cloud, 1 STORE Market
      • Phase 2: Ice Age Test Net (BFT Cloud, 2 STORE Markets) - 2022+
      • Phase 3: Decentralized Cloud (3 Markets + STORE Miners) - 2023+
      • Phase 4: Immutable Storage (5 Markets + Storage miners)
      • Phase 5: Unlimited Markets
    • What is $STORE (the asset)?
    • STORE Use Cases
  • 02. Storecloud Technology
    • How does STORE achieve zero fee payments?
    • What is Cost per Thousand (CPT) transactions?
    • What is BlockfinBFT Consensus?
    • What key breakthroughs does BlockFinBFT introduce?
    • How are transactions recorded on the STORE network?
  • 03. Storecloud Datacoins & Markets
    • What are datacoins?
    • What is programmable data?
    • Datacoin Use Cases
    • What are STORE Markets?
    • What are Initial Mining Auctions?
    • How do miners form the zero-fee settlement layer?
    • How do STORE markets validate transactions?
    • How are STORE markets formed?
  • 04. Storecloud Governance
    • STORE Governance Basics
    • What is 1 entity 1 vote?
    • What is Trust Your Network (TYN)?
    • How will Fault Tolerant Democracy be ratified?
    • How does the STORE protocol upgrade itself?
    • How are change requests processed on the STORE computer?
  • 05. Storecloud First Governance
    • What is First Governance?
    • What are the 5 phases of First Governance?
  • 06. Storecloud Treasury
    • What is First Treasury?
    • How is First Treasury distributed?
    • How are Block Rewards allocated in First Treasury?
    • How do the economics around mining STORE work?
    • How are changes to monetary policy approved on STORE?
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  1. 01. What is Storecloud

What is STORE (the protocol)?

PreviousWhat problem is STORE trying to solve?NextHow does STORE launch?

Last updated 3 years ago

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STORE is a zero-fee public blockchain that allows developers to build on the STORE Cloud - a decentralized network of data centers and edges - using $STORE as its base currency. It's like Amazon Web Services™ but decentralized.

It is a proof-of-stake and governance protocol at the intersection of cloud and crypto. Features of the protocol are as follows:

Consensus Information

Governance Information

  • Decentralized separation of powers (e.g. splitting treasury decisions vs protocol upgrade decisions)

  • Decentralized checks and balances (e.g. processes for submitting & approving proposals)

  • Off-chain coordination + on-chain voting

  • Democratic voting (1 entity 1 vote)

  • Final vote is legally binding

Technology Information

  • BlockfinBFT - Leaderless, asynchronous, byzantine-fault-tolerant consensus algorithm

  • Smart Contracts - Rust (e.g. Move by LibraBFT)

  • Container / VM - SSVM

What are the components of the project?