Description
Canyon Network is a decentralized storage network aiming to revolutionize data storage by utilizing blockchain technology for enhanced reliability, efficiency, and cost-effectiveness. It operates on a Proof-of-Stake (PoS) consensus mechanism to secure the network while incentivizing participation through staking rewards. Designed for both individuals and businesses, Canyon Network facilitates a decentralized marketplace for storage resources, allowing users to monetize unused storage space. It prioritizes data privacy through advanced encryption, positioning itself as a secure choice for data storage needs. As a permanent storage layer for Web3.0, Canyon Network emphasizes data integrity, accessibility, and security by distributing data across multiple nodes. Built on the Substrate framework, it focuses on lightweight storage consensus and the high usability of data retrieval, aiming to overcome the limitations of traditional cloud storage with a transparent, resilient, and user-centric model.
Canyon Network is a decentralized storage network aiming to revolutionize data storage by utilizing blockchain technology for enhanced reliability, efficiency, and cost-effectiveness. It operates on a Proof-of-Stake (PoS) consensus mechanism to secure the network while incentivizing participation through staking rewards. Designed for both individuals and businesses, Canyon Network facilitates a decentralized marketplace for storage resources, allowing users to monetize unused storage space. It prioritizes data privacy through advanced encryption, positioning itself as a secure choice for data storage needs. As a permanent storage layer for Web3.0, Canyon Network emphasizes data integrity, accessibility, and security by distributing data across multiple nodes. Built on the Substrate framework, it focuses on lightweight storage consensus and the high usability of data retrieval, aiming to overcome the limitations of traditional cloud storage with a transparent, resilient, and user-centric model.
