Jump Trading returns to the crypto market as Aptos launches the Shelby storage platform.

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Jump Trading Returns to the Crypto Assets Market, Aptos Launches the Shelby Storage Platform

In the Crypto Assets industry, Jump Trading has always played a significant role. This institution played an important role in the early days of Solana and was involved in projects like FTX and UST/Luna. After a period of low profile, Jump Trading seems ready to return to this industry.

Recently, the Move language public chain Aptos launched a storage platform named Shelby. This project is seen as a sign of Jump Trading's return to the Crypto Assets market. Shelby aims to achieve high-difficulty application scenarios such as 4K streaming, TB-level AI training data, and online collaborative office work among multiple users, which is quite an ambitious goal.

From a technical perspective, Shelby has adopted some innovative solutions to address the pain points in the storage field:

  1. Improve read performance through a paid reading mechanism and the Aptos storage SDK.
  2. Use erasure coding mechanisms and on-chain/off-chain hybrid auditing to ensure storage reliability
  3. Combine micropayment channels and on-chain reward and punishment mechanisms to ensure the sustainability of the economic model.

Compared to existing storage projects like Filecoin and Arweave, Shelby focuses more on data retrieval rather than mere storage. It also boldly reduces the redundant backup requirement to about 2 times, approaching the level of traditional cloud service providers.

However, the challenges faced by Shelby should not be underestimated. First, traditional cloud service providers like AWS have clear advantages in terms of cost and performance. Second, as part of the Aptos ecosystem, Shelby may find it difficult to gain favor from other public chain projects. Finally, how to balance token incentives with actual business models is also a dilemma.

Nevertheless, the launch of Shelby marks that Jump Trading is refocusing on the underlying infrastructure of encryption. Whether this project can recreate the former glory of Jump Trading remains to be seen by the market. Regardless of the outcome, it will bring new ideas and discussions to the Web3 storage space.

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GateUser-c802f0e8vip
· 08-10 02:16
The Bear Market brother has finally arrived.
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ContractSurrendervip
· 08-10 02:16
Here we go again with copying sol, Move is really boring.
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LiquidationWatchervip
· 08-10 02:13
oh god not jump again... remember what happened to luna? ngmi if history repeats
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IfIWereOnChainvip
· 08-10 01:53
Why are you still jumping? It's fine as long as it's been stirred.
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