Lambda

Lambda

LAMB
$0.006379175%2.50

Key Metrics

Price$0.006379175
Real Volume (24H)$728,625.75
Marketcap$10,502,764.91
Fully Diluted ValuationN/A
ATH$0.27618
ATH Date7/30/2019, 9:35:25 AM
ATL$0.00105903
ATL Date11/24/2022, 6:02:01 PM
Circulating Supply1.9B
Total Supply6B
WebsiteN/A
WhitepaperN/A
Popularity Rank1285
Chart
What is Lambda?

Lambda (LAMB) is a decentralized storage network that seeks to encourage internet decentralization and provide a safe and dependable storage system for the next generation of blockchain. The platform employs revolutionary proof of space-time (PoST) technology and a P2P network to offer infinite expanding data storage capacity, data security, security validation, and market-oriented storage transactions.

The Lambda Chain consensus network aims to replace centralized storage's brand extension with a decentralized network that ensures data integrity and security. Additionally, the network uses economic processes such as pledging, validator promotion, secondary distribution of storage fees, and miner credit to enable storage miners to develop their technology. Penalty mechanisms are also in place to ensure that miners consistently offer consumers storage space.

To satisfy customer expectations, the Lambda network employs the Bancor mechanism to provide automated market-makers (AMM) in the background. The platform uses a dual token model, consisting of the native token, LAMB, and TBB, a digital asset that offers related storage capacity, mining privileges, and storage space pledge transactions.

The Lambda network seeks to develop decentralized networks, decentralized computing, and commercial products based on the technical innovation of decentralized storage networks in the future. The project was initiated in December 2017, and the whitepaper was published in June 2018. The founder and CEO of the Lambda network, Mr. HE Xiaoyang, is a well-known infrastructure and open-source software expert. The maximum supply of the Lambda token is 10 million LAMB coins.

Lambda's PoST technology is designed to demonstrate that a network participant has provided sufficient storage space to a network. This technique is an innovative solution to blockchain storage and has the potential to revolutionize the industry. Additionally, the Lambda network seeks to address the limitations of centralized storage, such as data security and integrity verification. By utilizing blockchain, Lambda accomplishes the required technical data security and integrity verification process.

The Lambda network's emphasis on decentralized storage and computing is in line with the trend towards decentralization in the blockchain industry. The platform's dual token model and innovative technology make it an exciting prospect for investors and developers alike. As the blockchain industry continues to grow, Lambda's decentralized storage network could play a significant role in the industry's future.

In conclusion, Lambda (LAMB) is a promising project that aims to provide a decentralized storage network with infinite expanding data storage capacity and superior data security. With the use of revolutionary proof of space-time (PoST) technology, the platform ensures that network participants provide sufficient storage space, and the P2P network ensures a safe and dependable storage system for the next generation of blockchain. Lambda seeks to replace centralized storage's brand extension with a decentralized network that ensures data integrity and security. The project has a dual token model that includes the native token, LAMB, and TBB, a digital asset that offers related storage capacity, mining privileges, and storage space pledge transactions. With the leadership of well-known infrastructure and open-source software expert, Mr. HE Xiaoyang, Lambda has the potential to revolutionize the blockchain industry's storage and computing sectors.

Disclaimer

The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.

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