Vanar Chain tackles AWS-style outages with AI-powered data storage

7 hours ago

Vanar Chain, a layer-1 blockchain network, has launched a caller artificial intelligence-powered compression and information authentication furniture designed to code the industry’s longstanding contented with onchain storage.

Vanar Chain is launching Neutron, an AI-native blockchain furniture with information compression ratios of up to 500:1, which tin trim a modular 25 megabyte record to conscionable 50 kilobytes, transforming it into a “Neutron Seed” that tin beryllium stored connected the blockchain ledger.

The caller blockchain compression furniture aims to lick the industry’s information retention issue, with accepted blockchains lacking the capableness to store data, lone to notation it.

This plan introduces imaginable azygous points of failure. Vanar's Neutron aims to lick this by enabling afloat onchain, verifiable information storage.

Neutron is simply a “world first” which “handles some carnal record compression and semantic compression, meaning it compresses not conscionable the record itself but the meaning wrong it,” Jawad Ashraf, CEO of Vanar Chain, told Cointelegraph:

“This unlocks wholly caller possibilities: from simply storing a record afloat on-chain without relying connected 3rd parties, to querying and verifying the existent accusation wrong the file.”

“It yet delivers connected 1 of blockchain’s biggest promises: trustless, verifiable data, made genuinely accessible,” helium added.

“For solutions similar Nuklai’s Nexus, this is an important evolution,” according to Matthijs de Vries, CEO of Nuklai, a blockchain furniture 1 and collaborative information marketplace for AI improvement and large connection models.

“It enables america to enactment straight with afloat onchain, trustless information streams, minimizing outer dependencies and unlocking overmuch deeper, verifiable quality extraction,” de Vries added.

The Neutron motorboat follows respective high-profile incidents highlighting risks successful centralized infrastructure. On April 15, a large outage astatine Amazon Web Services (AWS) disrupted operations astatine large centralized exchanges, including Binance, KuCoin and MEXC.

Just days later, connected April 24, implicit 20,000 CloneX NFTs created by RTFKT Studios temporarily disappeared owed to what was believed to beryllium a Cloudflare-related issue.

Nike was hit by a class-action suit of $5 cardinal connected April 25 aft a radical of RTFKT users led by Jagdeep Cheema claimed that they suffered “significant damages” arsenic a effect of Nike touting its sneaker-themed NFTs to summation investors earlier shuttering the platform.

Onchain retention tin code centralized vulnerabilities

Vanar’s caller blockchain retention solutions tin code the centralization vulnerabilities of the industry, according to Vanar Chain’s CEO.

“What happened with Nike’s NFTs and the AWS outage shows the risk: if the server fails, the plus efficaciously disappears,” Ashraf said, adding:

“By embedding the information itself, oregon adjacent the meaning of the data, into the blockchain, assets go genuinely trustless, permanent, and verifiable without depending connected 3rd parties. It’s a foundational displacement from ‘hosted ownership’ to ‘real ownership.’”

Neutron’s capabilities are designed to fortify galore blockchain segments, including adding representation to AI agents, adding verifiable record attachments for decentralized concern applications, uploading archetypal documents to tokenized real-world assets, oregon adding immutable governance records to decentralized autonomous organizations.