Imagine how much better blockchain apps can perform when dRoute, the Blockcycle Data Engine for all blockchains, powering the decentralized world (via their autonomous global dNode network end-to-end routing, sensing and oracle dNodes) combines forces with Kmesh, the real-time multi-cloud data mobility service based on supercomputer-based Lustre technology.
The blockchain performance boosts provided by the dRoute-Kmesh partnership are sure to be impressive, and the gravity of the two companies’ joint proof-of-concepts (POCs) for blockchain can be measured in several ways. These include the following:
1. Providing miners and validators a block production competitive advantage by data sensing and performance delivery- “first to know, first to act, first to consensus”.
2. Consistent and reliable, SLA backed global network with full suit of data management tools to ensure private/corporate blockchain success.
3. Multi-tiered data orchestration for Blockchain data
4. Providing blockchain developers and dApps the tools for optimal UX and real world usability and connectivity through broader use of real-time and historical data analytics and transforming it into smart oracle info.
Let’s take a closer look.
The Blockchain Market Craves More Speed, Everywhere
Certainly, winning and losing in the blockchain ecosystem relies on speed. Driven by the need to mine or validate blocks as fast as possible and drive high TPS (transactions per second) rate , success of each individual in the blockchain world depends on speed and performance. Add to that the fact that we are at the onset of an explosion in dApps (distributed apps), and all kinds of blockchain users will be screaming for the fastest technology stacks and data management/movement architectures.
How nascent is the blockchain industry? Well, consider this: the market share for dapps enablement shifted dramatically from the start of 2018, when the Ethereum network held 100 percent market share, to the start of 2019, when Ethereum held just 28 percent. That’s right. In just 12 months, EOS grabbed 48 percent share of active dApps users, and Tron snagged the other 24 percent.[i] What’s behind the market share changes? According to Patrick Barile, the Chief Operating Officer of DappRadar, higher speed means more transactions per second, which translates into a better user experience. That better user experience means more usability of enterprise apps, especially in the areas of finance, contracts, and even high-performance computing.
“The reason why they got so much adoption, those new protocols, is that they offer considerably better speed, transactions per second,” said Patrick Barile, chief operating officer of DappRadar. “The volume of transactions they can do is considerably higher. That means if you have a dApp, then you have a much better user experience.”
Multi-tiered storage for Blockchain data
‘Decentralized storage’ is how storage applied to blockchain technologies and apps is being described today. By decentralizing storage, users can more easily support their distributed blockchain apps and compute, knowing the data will be accessible at all locations—rapidly. As Kmesh has espoused since its inception, “The world is moving from centralized data lakes to distributed data ponds.” As such, one POC from the dRoute-Kmesh partnership is focusing on bringing highly multi-tiered storage to Blockchain (example: hot storage, cold storage).
How will that work? With dRoute providing backbone speeds to data movement, the only other need is to manage all relevant data (hot and cold) under a single namespace. Using Kmesh, a user or organization can orchestrate their blockchain data via a simple dashboard, apply the orchestration rules to the data ponds connected to dRoute’s multiple global locations (dRoute’s own locations and those of 120 Telco partners), and run their dApps faster than ever.
By making dApps faster and provisioning their data instantly from dRoute’s distributed data ponds, blockchain users can forego the high costs of hot data storage in the cloud, such as Microsoft’s pricey Azure Hot Blobs. After all, why would anyone need to have a data center managed by some entity when the data isn’t actually there? This type of decentralized and far cheaper architecture should be seen as a shot across the bow to all vendors (cloud and otherwise) that make up the cold storage market, currently in the hundreds of billions of dollars per year.
While data storage costs will become a major issue in the next year or two, power consumption is the highest cost associated with performing bitcoin hashes right now. The electricity required by Application-Specific Integrated Circuits (ASICs) can cost more than the value of the bitcoins awarded for a successful hash.
dRoute alleviates the pain of wasting power through the dRoute Sensing Nodes. These nodes sense earlier than any other method exactly when a block has already been mined. They then alert other miners so that the latter do now waste hash on other blocks. This data sensing and performance delivery for offer miners the competitive advantage- first to know, first to act, first to consensus “
Making dRoute the ‘One Stop Shop’ for Blockchain App and Data
One cannot underestimate dRoute’s potential impact on blockchain given their performance capabilities optimized for blockchain as well as their cost avoidance technology. By integrating Kmesh’s data orchestration capabilities into the dRoute network, users should be able to ensure all their dapps are getting the right data at the right time for optimal UX and real world usability and connectivity at scale , which will bare out in another POC by the two companies.
With all that data running over the dRoute network, both companies will then work on an analytics-focused POC. For example, oracle nodes could provide external data and trigger smart contract executions when predefined conditions are met. Such conditions could be based on any type of data, such as weather conditions, temperature, successful payment, price fluctuations, etc. Since dRoute is already an expert at keeping data and users anonymous, the dRoute network could be used to analyze globally distributed data from multiple sources, like a Google Analytics without the snooping. The rules that get applied to determine which data sources are to be used for which dApps can all be established in a Kmesh SaaS data orchestration dashboard that is unique to each individual dRoute customer.
Blockchain and dApps Performance Start Here
No one has given more thought to optimizing performance and processing data at the crossroads of blockchain and decentralized data than the engineers at dRoute and Kmesh. Watch this space for exciting news around the POCs we’re performing that will change what’s possible when it comes to make blockchain easier and faster for all users.