LAS VEGAS, United States, September 19th, 2024, Chainwire
Xandeum, a leading blockchain storage layer, is set to reveal its groundbreaking blueprint for scaling storage at Breakpoint 2024 on September 20, 2024. The event will take place at the prestigious Solana conference in Singapore, where Xandeum will introduce its innovative storage-enabled liquid staking program and officially launch the XAND token.
Designed to address the limitations of Solana's current storage model, Xandeum's cutting-edge technology will empower decentralized applications (dapps) to scale by providing access to virtually unlimited storage. This advancement will transform Solana into a true "world computer," with Xandeum's scalable storage layer acting as the missing piece to enable a full-fledged ecosystem of storage-enabled dapps.
Xandeum's solution introduces "Xandeum buckets," an exabytes+ scalable file system seamlessly integrated into Solana's RPC nodes. This decentralized network of storage provider nodes (pNodes), managed by Xandeum-enabled Solana validators, will significantly enhance storage efficiency and profitability while offering additional rewards in SOL to pNodes, validators, and liquid stakers.
“A low-cost, decentralized storage solution will drastically expand the application landscape,” says Tommy Johnson, co-founder, and lead engineer at Armada. “The Xandeum solution will have an enormous impact on the growth of the Solana ecosystem.”
More details on Xandeum's Solana scaling solution will be unveiled at Breakpoint 2024, along with the announcement of its storage-enabled liquid staking platform. The platform, set to launch on October 29, will provide xandSOL stakers with boosted rewards of up to 10x. Early adopters who stake with Xandeum will have the opportunity to maximize their rewards.
As a proud sponsor of Breakpoint 2024, the Xandeum team will showcase its initiatives at a dedicated booth, offering insights into the liquid staking pool, XAND token, and upcoming airdrops. The first airdrop snapshot is scheduled for October 8, preceding the official launch of the XAND token on October 29.
Xandeum's development of new storage primitives aims to enhance Solana's programming model and overcome the limitations of the current storage system. By supporting a new wave of scalable web3 dapps, Xandeum is poised to drive innovation while upholding Solana's security and decentralization.
Analysis: Xandeum's groundbreaking storage solution represents a major milestone in the evolution of decentralized applications on the Solana network. By providing virtually unlimited storage capabilities and enhanced scalability, Xandeum is set to revolutionize the way dapps operate, unlocking new revenue streams for validators and stakers. This innovation not only fuels the growth of the Solana ecosystem but also offers lucrative opportunities for early adopters to maximize their rewards and actively participate in the future of decentralized finance.
About Xandeum Labs
Xandeum Labs is a pioneering web3 startup dedicated to building the scalable storage layer for Solana. With significant community support and a clear roadmap for future development, Xandeum is at the forefront of innovation in decentralized storage solutions, poised to shape the future of the digital economy.
For more information, contact Bernie Blume at Xandeum Labs via hello@xandeum.com.