This is precisely the direction that @irys_xyz is pursuing.
In the future, it seems that the gap between people will no longer be whether they have data or not, but whether they can utilize data.
What are the advantages of irys as a Layer1 and other projects?
@irys_xyz
Below, I will categorize them into several types to popularize knowledge for some newcomers.
❤️Flywheel effect
Valuable data → More data processors → more structured data → more developers → Network effects → a larger ecosystem
As this virtuous cycle continues, it may give rise to more innovations and application services.
We’re excited to introduce Soul Protocol, a new DeFi primitive, now live on Testnet!
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🧵
@irys_xyz has emerged as an active component in decentralized applications, capable of autonomously executing complex tasks such as ownership rights, royalty distribution, encryption processing, or interaction restrictions.
Breaking: For the first time in Ethereum’s history, every mainnet block is being ZK-proven—by ZkCloud.
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