Network Pipe, a decentralized decentralized infrastructure project on Solana Blockchain, has unveiled its Firestarter storage protocol, as she placed itself as a central competitor for cloud storage networks and central content connection networks (CDNS) such as Cloudflare’s R2 and CDN. The protocol benefits from a global network of the contract to enable content delivery with a transition time of up to 5 milliliters, according to the project documents [1].
Firestarter storage has already been used to host Solana data collections for history history and regular network sectors, indicating its early technical capabilities. The statute aims to provide a layer without permission to store data, and challenge traditional infrastructure chimneys [1].
The original symbol, $ tube, an integral part of Firestarter storage. Users are required to burn the distinctive pipes to access the network and earn data assets. Then these burned symbols are redistributed and distributed to the shareholders in the network, which creates a mechanism of incentives similar to those seen in other Solana projects such as helium and HIVEMAPPER [1].
According to the project documents, the basic pricing for storage begins in the Firestarter Protocol at $ 1 per GB. However, the network has not yet announced a date for the symbolic formation event (TGE). The $ Pipe icon will be launched via Metaplex Genesis, a mechanism previously used by other projects [1].
A recent symbolic sale on Coinlist has raised $ 300 million at a value of $ a tube, representing 3 % of the total offer. The sale offered two schedules of time tables: investors who chose to open symbols immediately did this in a fully diluted evaluation (FDV) of $ 250 million, while those who choose a period of one year for one year did this for $ 200 million [1].
These developments indicate a growing interest in decentralized infrastructure solutions (DePin), especially those that benefit from the Solana ecosystem. As Firestarter Storage is approaching the general launch, the level of adoption and use can affect the demand for $ tubes between merchants and investors.
Separately, CBOE has provided new menu requirements that can simplify the process of approval of the investment funds circulating in the encrypted currency. Under the new rules, Solana ETF can qualify to agree early in September 17 [1].
The convergence of infrastructure development and organizational developments highlights the mature scene of Blockchain -based services and financial products. As projects such as Network continue to innovate, they may challenge traditional technology and financing models.
source: [1] How will the $ pipe feature will work in the pipeline storage protocol- https://solanafloor.com/zh/news/how-will-pietuure-in-pipe-NETRK-S-storage-protocol
