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Large-scale BTC 1.5 layer project, exSat empowers RAM application case analysis

BlockBeats2024/07/18 07:52
By:BlockBeats


exSat will unite BTC mining pools with over 51% of computing power to simplify the trusted deployment of BTC L2 and become BTC's 1.5 layer (or "docking layer") to expand its huge ecological applications; and adopt a modular architecture to provide an "intent-centric" "full-chain" Web3 user experience. This is a major innovation, nuclear fusion that can detonate BTC value .


exSat uses RAM as the BTC metadata storage layer to achieve a secure, flexible, stable, and decentralized DA layer (Data Availability Layer). The following will analyze how this powerful combination can achieve two-way empowerment and detonate the value of the blockchain ecosystem.


1. exSat is developed based on RAM, and the test network will be launched at the end of July


Previous article We deeply analyzed the reasons why exSat has become the giant energy engine of BTC nuclear fusion. The following further analyzes how the exSat project uses RAM to provide efficient and secure BTC metadata storage and enhance RAM Market value, promote technological innovation, and demonstrate its strong performance advantages and scarce resources.


(I) exSat consumes 27% of the total RAM, greatly enhancing its scarcity and market value


RAM provides a perfect and mature solution for exSat decentralized indexing, realizing a flexible and efficient BTC data availability layer. The implementation of the exSat project requires at least 108G, accounting for about 27% of the total RAM, to store a large amount of BTC UTXO and other metadata, which directly increases the demand for RAM and promotes the activity and transaction volume of the RAM market. Many operations in the later stage will further consume RAM.



After RAM stops issuing additional tokens in December 2023, the total amount is locked at 390G, becoming a "non-renewable resource", and rising 85 times in half a year! Of course, this may just be the beginning, because the large-scale BTC nuclear fusion engine, exSat, is about to start.


RAM price trend


(II) exSat implements the "staking RAM, mining BTC" function and airdrops to early RAM participants


Because the exSat network will "mirror" the BTC main network data and use BTC to pay the gas fee of the exSat network to reward users who provide RAM rental resources. Therefore, "staking RAM, mining BTC" can be realized on exSat, and currently only on exSat.



To ensure that the project has 108G of RAM resources to start smoothly, the exSat network launched a "RAM pledge airdrop event" worth more than $60,000. Considering the huge market that exSat brings to BTC applications, "staking RAM, mining BTC" and other exciting factors, it is important good news for early RAM holders.


(III) exSat will demonstrate the excellent performance of RAM and lead the development of more large-scale projects


The implementation of the exSat project will drive technical innovation and resource optimization related to RAM:


· Promote technological innovation: Based on the Spring 1.0 software (hereinafter referred to as Spring) of the Antleope protocol, exSat demonstrated and promoted innovation in RAM management and data storage, and provided a technical demonstration for the development of larger-scale projects on RAM. On June 6, exSat successfully tested 170 million rows of BTC UTXO data into the RAM table. Such a large amount of data is directly written into the RAM of the blockchain, which is a major breakthrough.


exSat Project Diagram


· Optimize resource allocation: Through the actual application of exSat, developers can learn more about the best practices for efficient use of RAM, optimize the configuration of different tasks and data storage requirements, and improve RAM usage efficiency. And stimulate the formation of RAM pledge and leasing markets.


2. Re-empowerment of RAM from Spring—Savanna


Speaking of the powerful combination of exSat and RAM, we have to mention another powerful factor - Savanna consensus.


(I) What is Savanna and why is it so powerful?


exSat uses Spring as its underlying technology and will complete the Spring 1.0 upgrade at the end of September. This is a major technical upgrade that has been in preparation for more than a year and will significantly improve the performance, efficiency and security of the blockchain. Among them, the most important improvement is the introduction of the Savanna consensus algorithm .


Savanna is based on the evolution of the HotStuff consensus algorithm. First, while ensuring a block speed of 0.5 seconds, it achieves the final confirmation of the block in 1~2 seconds (timely termination), becoming the fastest well-known public chain and providing the best user experience for the transition from Web2 to Web3. Second, it adopts advanced cryptographic technologies such as BLS aggregate signature and zero-knowledge proof, which significantly enhances the security and privacy protection of the network. Third, it adopts a flexible block structure and introduces the roles of Block Proposers and Block Finalizers, which greatly improves the degree of decentralization.



(II) Why is Savanna the reason why Spring has formed a unique and absolute advantage?


Compared with other well-known public chains (see the table below), it can be found that Spring is in the leading position in the industry in terms of speed, cost, independent resources, wallet domain names, etc., and even has a unique and absolute advantage. It provides the best technical foundation for the development of Web3, complex and fast financial applications, DA layer, payment, etc.



(III) Spring 1.0 and exSat are launched successively, and they will once again jointly empower the market value of RAM


Spring 1.0 is scheduled to be officially launched on September 25, 2024. Once the upgrade is completed, exSat will bring a lot of benefits to BTC, including fast transaction confirmation (within a few seconds), high throughput and low latency, security and stability, privacy transactions, etc. This will increase the exSat network activity and RAM consumption, once again jointly empower the market value of RAM, and promote the explosive growth of BTC's trusted application scenarios.



III. Huge application market potential of RAM


The unique advantages of RAM can be briefly summarized into 3 points:


· Flexible resource management: The Bancor algorithm comes with a "one-sided market-making function", which allows RAM to be purchased and managed on demand to avoid network congestion.


· Real-time and high throughput:The high performance of the design makes RAM particularly suitable for applications that require real-time response and high-frequency transactions.


· Data security and persistence:RAM data persistence and the high security of Spring software ensure the reliability of stored data.


RAM Advantages


Beauty comes from contrast. By comparing RAM with ETH and Solana in the following three specific application scenarios, we can see the huge application market of RAM:


(I) Low latency, high throughput data for high-frequency trading, complex DeFi, etc.


· Features:High-frequency trading, complex DeFi, etc. require processing of large amounts of transaction data, and require low latency and high throughput.


· Why RAM is best suited:The RAM independent resource model allows efficient storage and fast access to data. Physical RAM can reach nanosecond speeds. Combined with its high throughput and low latency characteristics, it can support tens of thousands of high-frequency transactions per second and handle complex DeFi interactions.


· Limitations of ETH and Solana:ETH's high transaction fees and low throughput make it unsuitable for high-frequency trading. Although Solana has high throughput, it is not as flexible as Spring in resource allocation and management, and cannot maintain the same performance under high load and support highly complex applications.


· Case:From the perspective of market value comparison, Defi is still the largest application market of blockchain, among which the transaction volume of derivatives has exceeded the transaction volume of spot, becoming the leader of Defi. The derivatives market such as perpetual contracts has a high dependence on transaction speed, which is highly matched with RAM performance. Spring may become the most suitable blockchain software for complex perpetual contracts and the lowest cost DEX.



(II) Concurrent interactive data of multiple users such as online games and social platforms


· Features:Real-time online games and social media platforms require fast data updates and low latency to provide a smooth multi-user experience.


· Why RAM is the best fit:RAM allows for fast storage and retrieval of user data. After the Spring 1.0 upgrade, RAM operations can complete block finalization in 1-2 seconds. It can efficiently store and manage game, content, and interaction data, and support real-time operations for a large number of concurrent users.


· Limitations of ETH and Solana:Ethereum's transaction confirmation time is long and the fees are high, making it unsuitable for real-time games. Although Solana has higher performance, it is not as flexible as Spring in data management and real-time response.



(III) Core big data in industries such as banking, RWA, Internet of Things (IoT), and DePIN


· Features:Core big data in industries such as banking, RWA, Internet of Things, DePIN, AI, real estate, supply chain, medical care, intellectual property, and digital identity (DI).


· Why RAM is the best fit:The RAM model can support large-scale data storage and real-time processing, ensuring timely update and access to this information. Data can be permanently stored on RAM, and the high security of decentralized blockchain ensures the reliability and traceability of stored data. In addition, the Spring system-level domain name, which consumes 3KB of RAM, can itself be used as a digital identity.


· Limitations of ETH and Solana:Ethereum's performance and fee issues make it difficult to process large amounts of supply chain data. Solana's resource management mechanism limits its flexibility and efficiency in real-time data processing. Moreover, neither ETH nor Solana comes with a system-level wallet domain name/digital identity.



Fourth, Summary


exSat uses Spring software and RAM as the metadata storage layer. RAM guarantees stability, flexibility, and decentralization, and Spring introduces the Savanna consensus algorithm to achieve timely termination in 1 to 2 seconds. This series of technologies are combined with strong advantages, which fully demonstrate their respective strengths, promote the outbreak of the BTC ecosystem, and feed back the huge market value of RAM.


Therefore, the success of exSat will be the common success of BTC, Spring and RAM, and will surely demonstrate the unique application scenarios and market value of RAM in the blockchain industry.


The launch is imminent, so stay tuned!


Zhao Changpeng (cz) has followed RAMbro Twitter


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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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