One of the main problems of Web 3.0 is the lack of reliable data storage. This partnership will allow GTON Capital to utilize DeNet as decentralized storage with fast, permanent, and secure access to the project’s data. GTON Capital builds GTON Network — Ethereum L2 rollup, with the prospect of becoming the most popular rollup for GameFi, NFT, and other creative dApps. And now announcing DeNet Partneship with GTON Capital.

The partnership will enable GTON Capital to integrate DeNet decentralized data storage solutions into the rollup infrastructure and facilitate their integration in the DeFi apps built upon GTON Network. In turn, DeNet will join forces with a new prospective ecosystem which will become the foundation for hundreds of DeFi applications in the light of the L2 market boom.

DeNet ecosystem helps dApp users and developers solve the main problems: high prices, lack of transparency in ratings, advertising issues, and a low percentage of profit for content creators. To do this, DeNet ecosystem deploys the Open Economy 3.0 concept, which aims to create the most transparent relations between all participants in the digital economy, eliminating intermediaries, commissions, and additional expenses.

DeNet’s concept

Based on the use of unoccupied storage space on users’ computers for a system of decentralized hosting and storage. Users can earn DFILE tokens as rewards for sharing their computer storage space.

• ProofOfStorage algorithm – Storage data is encrypted with public keys and sent proofs are based on the network’s latest blocks.
• Multitoken – Users who need storage and hosting space can pay for it in any ERC-20 standard tokens.
• Decentralized – The system is truly decentralized as it involves users’ computers distributed accross the globe.
• Optimized – The system’s operation is completely optimized and it requires a minimum number of calls to the blockchain.
• Accessible – The entry treshold is extremely low as there are no minimum system and hardware requirements.

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About GTON Capital

GTON Capital builds infrastructure to advance digital capital markets including GTON Network — L2 Ethereum rollup with $GCD stablecoin as a native currency, Pathway — algorithms for the pricing of governance tokens, set of mutually reinforcing DeFi protocols, DONs, and more.

By combining cutting-edge achievements of Web 3.0 technology, GTON Capital creates a more advanced and stable foundation for DeFi development.

Website | Twitter

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About DeNet

DeNet is a multichain ecosystem based on decentralized storage for Web 3.0 in the DeFi economy.

DeNet creates a beneficial ecosystem for all its participants on the ground of data storage. And management according to the Open Economy 3.0 concept. Bringing together applications from different blockchains and increasing the availability of Web3 services for users. DeNet Desk already gives access to more than 40 applications aimed at storing data in DeNet.

Website | Twitter 

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SOURCE

https://medium.com/dfile/denet-partners-with-gton-capital-2832649ea049

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GTON Capital will integrate DIA’s transparent and reliable data and oracle infrastructure into GTON Network which will enable a more transparent and secure DeFi ecosystem. GTON Network has its own EVM optimistic rollup solution. In order to make it usable for DefI developers the task of price feeds delivery must be solved. And now announcong DIA partnership with GTON Capital.

There are two issues with centralization for the data feeds:

1. The data source and its aggregation
2. On-chain delivery and on-chain data aggregation.

First is solving the issue of wrong data from origin data source: website, exchange, aggregator. Second is solving the issue of malicious data providers: oracle, rpc, connector, smart contract.

DIA, the end-to-end, open-source data and oracle platform, is solving both issues.

Initially GTON Capital will utilize aggregated data sources from DIA’s API.  Later on, we’ll start working on integrating DIA’s price oracle smart contracts into GTON Capital DONs (decentralised oracle networks).

GTON Features

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