Xandeum Unveils Solana Scaling Blueprint at Breakpoint 2024
Xandeum's Vision for Solana Storage
Xandeum, a blockchain storage layer, is set to transform Solana's storage capabilities at Breakpoint 2024 in Singapore. The company will introduce a blueprint to scale Solana storage, overcoming current limitations and enhancing the platform as a "world computer."
Solving Solana's Storage Challenges
The innovative solution features "Xandeum buckets," a scalable file system integrated into Solana's RPC nodes. This system offloads storage to a decentralized network of storage provider nodes (pNodes), managed by Xandeum-enabled Solana validators. This approach is poised to unlock significant new opportunities for decentralized applications (dapps).
Liquid Staking and XAND Token
A major highlight will be Xandeum's storage-enabled liquid staking program, launching on October 29, 2024. The program promises enhanced rewards for early adopters, with boosted incentives up to 10x. The official launch of the XAND token will coincide with this event, marking a significant milestone for the Solana ecosystem.
Expanding the Solana Ecosystem
Xandeum’s storage solution addresses the limitations of Solana's existing storage model, which struggles to support extensive dapp data storage. By introducing scalable storage primitives, Xandeum aims to foster the growth of web3 applications on Solana, supporting security and decentralization.
Community Engagement and Future Developments
Xandeum will engage with the community at Breakpoint 2024, providing insights into its initiatives, including the XAND token and airdrops. The first airdrop snapshot is scheduled for October 8, with the XAND token launch on October 29. With $2.8 million raised and substantial interest from the Solana builder community, Xandeum is positioned for significant future contributions to scalable web3 dapps.
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