Crust Network Advances Decentralized Storage Solutions and Ecosystem Collaborations

Monday, November 4, 2024 12:00 AM
2,183
Crust Network Advances Decentralized Storage Solutions and Ecosystem Collaborations cover

Crust Network has made significant strides in its technical development, recently releasing SManager v2.0.4, which enhances the Crust ecosystem by dynamically adding commonly used gateways to improve data retrieval success rates. Additionally, SWorker v2.0.1 has been launched, updating the IAS Attestation URL due to the expiration of the previous one. The establishment of an XCM channel between Crust, Bifrost, and Moonbeam marks a pivotal integration, while ongoing development aims to port the latest IPFS Kubo code to Crust. Other improvements include optimizations for public gateways and upgrades to collator servers for the Kusama parachain, reflecting a commitment to enhancing the overall infrastructure and user experience.

In terms of ecosystem collaboration, Crust Network is actively engaging with various projects to enhance decentralized storage solutions. The partnership with Wentools aims to simplify no-code NFT minting and decentralized storage on the Algorand platform, allowing users to mint NFTs and manage storage seamlessly. Moreover, Crust Network is collaborating with Yoghurt Cloud to optimize IPFS, which is crucial for improving data availability in Web3. The recent exploration of the intersection between AI and crypto by Coinbase Ventures highlights Crust’s role in the evolving data landscape, emphasizing the importance of robust storage solutions for AI applications.

Community engagement remains a priority for Crust Network, as evidenced by its participation in various forums and discussions. The recent Twitter Space hosted with U2U Network focused on the future of decentralized storage and blockchain infrastructure. Additionally, Crust Network’s involvement in the Digital Economy Innovation Forum in Shanghai and the Ton Grants Program Twitter Space showcases its commitment to fostering collaboration and innovation within the blockchain community. These efforts not only enhance Crust’s visibility but also contribute to the broader adoption of decentralized technologies.

Buy Now at

Related News

World Mobile Chain Partners with Raydium to Enhance Solana Connectivity cover
a day ago
World Mobile Chain Partners with Raydium to Enhance Solana Connectivity
World Mobile Chain (WMC), a leading blockchain-powered global mobile network, has announced a strategic partnership with Raydium, a decentralized exchange (DEX) and automated market maker (AMM) operating on the Solana blockchain. This collaboration aims to enhance accessibility and decentralized connectivity for the Solana community, ensuring that users can enjoy seamless integration and fast, secure transaction services. The announcement was made through World Mobile Chain's official X account, highlighting the importance of this partnership in the evolving blockchain landscape. At the heart of this partnership is a commitment to providing secure and user-centered services. Both World Mobile Chain and Raydium are focused on creating a safe environment for transactions while promoting decentralized connectivity on a global scale. Raydium's role will be crucial in facilitating smooth transactions, thereby enhancing user access within the Solana ecosystem. This collaboration underscores the significance of Web3 technology, which serves as a foundation for both platforms, ensuring authenticity and reliability in their services. Furthermore, the agreement between World Mobile Chain and Raydium emphasizes their dedication to protecting user assets and privacy. In a rapidly evolving digital landscape, safeguarding user information and ensuring error-free transactions have become paramount. Both partners prioritize these aspects, aiming to deliver seamless and accessible services to the Solana community. This partnership not only strengthens their individual offerings but also contributes to the broader goal of enhancing decentralized connectivity worldwide, ultimately benefiting users across the blockchain space.
The Rise of DePIN and On-Chain AI Agents in Web3 cover
a day ago
The Rise of DePIN and On-Chain AI Agents in Web3
The convergence of on-chain AI agents and decentralized data infrastructure is reshaping the Web3 landscape, creating a new paradigm where autonomous systems optimize physical and digital resources. This shift is driven by DePIN (Decentralized Physical Infrastructure Networks), which leverage blockchain incentives to coordinate distributed hardware and services. As of 2025, the DePIN sector has surpassed $50 billion in market capitalization, with over 350 tokens representing compute power, storage, wireless connectivity, and energy grids. Strategic investors are now prioritizing projects that integrate AI-driven automation, decentralized data validation, and cross-chain interoperability to unlock scalable, real-world applications. The DePIN ecosystem has matured rapidly, with projects like Helium (HNT), Filecoin (FIL), and Render (RENDER) leading the charge. Helium’s transition from a community-driven LoRaWAN network to a 5G infrastructure model demonstrates the sector’s evolution, while Filecoin and Render address decentralized storage and GPU rendering, respectively. In the compute domain, IoTeX is pioneering secure, privacy-preserving AI processing through Trusted Execution Environments (TEEs), enabling enterprises to outsource sensitive workloads without compromising data integrity. Ethereum and Solana have emerged as dominant ecosystems for DePIN projects, hosting numerous top-tier initiatives that underscore the importance of technical efficiency in scaling decentralized infrastructure. AI agents are now integral to DePIN’s value proposition, automating tasks like demand forecasting, resource allocation, and predictive maintenance. For example, IoTeX’s Quicksilver AI framework processes 1,700 daily requests, enabling autonomous decision-making in energy grids and mobility systems. These agents enhance DeFi and DAOs by optimizing returns and streamlining decision-making processes. Investors should focus on projects that combine technical innovation with real-world utility, such as IoTeX and Aethir Cloud’s GPU-as-a-Service model. The DePIN sector is poised for further growth, but risks include regulatory uncertainty and competition from centralized providers. Strategic allocations to projects like IoTeX and Aethir will be essential for long-term growth in this evolving landscape.
Pocket Network and Kleomedes Partner to Enhance Decentralized Infrastructure in Cosmos Ecosystem cover
2 days ago
Pocket Network and Kleomedes Partner to Enhance Decentralized Infrastructure in Cosmos Ecosystem
The blockchain industry is entering a new phase focused on enhancing the infrastructure that supports decentralized applications. A significant development in this area is the recent partnership between Pocket Network (POKT) and Kleomedes, a prominent staking platform within the Cosmos ecosystem. This collaboration aims to tackle the centralization risks associated with Remote Procedure Call (RPC) services, which are crucial for dApps and user interactions with blockchains. By deploying decentralized RPC and open data services across 14 Cosmos chains, including Akash Network and Osmosis, Pocket and Kleomedes are setting a precedent for resilient and censorship-resistant infrastructure, vital for the long-term sustainability of Web3 ecosystems. Centralization in RPC services poses a critical vulnerability for many Cosmos-based chains, which often depend on centralized providers, leading to potential outages and censorship. The partnership will allow Kleomedes to operate nodes within Pocket’s relay marketplace, which boasts hundreds of independently run nodes. This diversification enhances data access and ensures higher uptime, benefiting projects like Router Protocol and Osmosis by providing faster and more reliable data without the risks of vendor lock-in. The collaboration not only addresses immediate technical challenges but also aligns with the broader goals of the Cosmos ecosystem, which emphasizes interoperability through the Inter-Blockchain Communication (IBC) protocol. Looking ahead, the partnership between Pocket and Kleomedes represents a strategic move towards decentralization and scalability within the Cosmos ecosystem. While challenges remain, such as governance complexities and the need for developer adoption, the trend towards decentralized infrastructure suggests a promising future. This collaboration is not merely a technical enhancement; it embodies a strategic alignment with the evolving landscape of Web3. For investors, the Pocket-Kleomedes partnership is a compelling opportunity, as it strengthens the Cosmos ecosystem’s defensibility and positions it favorably in the transition to decentralized, interoperable systems.
WeatherXM Launches first weather dApp on Solana cover
3 days ago
WeatherXM Launches first weather dApp on Solana
eatherXM Brings Weather to Solana Mobile 🌦️📱 WeatherXM, the community-powered DePIN weather network, has officially launched its mobile app on Solana Mobile, making it the first and only weather app in the Solana dApp Store. The app lets users check hyperlocal forecasts, explore real-time and historical data, and—if they’re station owners—monitor station health, track rewards, and see how their data powers global forecasts. By integrating directly into Solana Mobile, WeatherXM expands its reach to a mobile-native audience, blending practical utility with tokenized incentives. This move not only strengthens the visibility of DePIN projects in consumer apps but also highlights how blockchain can underpin critical real-world infrastructure like weather data.
IoTeX's Crypto’s Got Talent Season 2: Revolutionizing Real-World Blockchain Applications cover
4 days ago
IoTeX's Crypto’s Got Talent Season 2: Revolutionizing Real-World Blockchain Applications
The second season of Crypto’s Got Talent, organized by IoTeX, focuses on decentralized physical infrastructure networks (DePIN) that are revolutionizing real-world applications of blockchain and IoT. This season highlights startups that are innovating infrastructure through these technologies. The first season garnered nearly two hundred thousand impressions and successfully financed five initiatives in energy, drone delivery, and mapping. IoTeX aims to accelerate the global adoption of DePIN by tapping into untapped talent, serving as a bridge between advanced blockchain technology and intelligent real-world devices. DePIN, which stands for decentralized physical infrastructure networks, decentralizes tangible resources like WiFi hotspots, energy grids, and sensors. These assets are contributed by individuals worldwide, who are rewarded with tokens and shares in ownership. IoTeX provides the necessary infrastructure for this ecosystem, supporting over 50 DePIN projects on its blockchain. This platform ensures secure and efficient processing of real-world data from connected devices, making DePIN networks transparent, trustless, and scalable. Notable examples include Envirobloq, which monitors environmental data, and Drop Wireless, which enhances broadband connectivity using IoTeX. The introduction of IoTeX 2.0 marks a significant advancement in the DePIN ecosystem with its modular platform design. It enhances core functionalities such as identity management and off-chain computing, while W3bstream serves as a crucial tool that links IoT devices with smart contracts through zero-knowledge proofs. This integration not only lowers entry barriers but also fosters innovation, targeting mass adoption and simplifying interactions with physical devices. Furthermore, IoTeX envisions the fusion of AI with DePIN, enabling intelligent networks that enhance the autonomy and responsiveness of applications in healthcare, energy, and robotics, ultimately transforming the operational landscape of AI in the physical realm.
Filecoin Q2 2025 Report: Growth in Storage Demand and Ecosystem Expansion cover
4 days ago
Filecoin Q2 2025 Report: Growth in Storage Demand and Ecosystem Expansion
In Q2 2025, Filecoin experienced a notable increase in network utilization, which rose to 32% despite a 13% decline in total storage capacity. This reduction was attributed to provider churn and the expiration of existing allocations. The demand for large-scale storage remained robust, with the number of onboarded datasets growing by 3% quarter-over-quarter (QoQ) to 2,416, and 864 of these datasets exceeding 1,000 TiB in size. Additionally, daily new storage deals surged by 25% QoQ, reaching 3.5 PiB per day. The launch of Proof of Data Possession (PoDP) in May 2025 introduced lightweight verification of stored data, enhancing the network's capabilities and supporting high-speed data availability through a new hot-storage tier. The introduction of Avalanche’s cross-chain data bridge in Q2 2025 further expanded Filecoin's ecosystem, allowing data availability on Avalanche chains and broadening cross-chain use cases. Filecoin's marketplace for data services, built on the InterPlanetary File System (IPFS), operates on a market-driven model where users negotiate storage deals with providers. The network employs cryptographic proofs like Proof of Replication (PoRep) and Proof of Spacetime (PoSt) to ensure reliable data storage, rewarding providers with FIL tokens for their participation. However, the total data stored through active storage deals fell to 1,100 PiB, down 11% QoQ, reflecting a strategic shift towards high-value, enterprise-oriented workloads. Despite the decline in overall active storage volumes, the average daily new storage deals increased, indicating a growing interest in Filecoin's offerings. The Network v25 upgrade, deployed in April 2025, improved deal efficiency and prepared the network for Fast Finality (F3), which significantly reduced transaction finality times. Furthermore, the market cap of FIL decreased by 13.1% to $1.6 billion, driven by a 17% drop in token price. Nevertheless, the ecosystem showed resilience with the growth of USDFC, a FIL-backed stablecoin, which reached a market cap of $301,000, indicating deeper integration within the DeFi landscape. Overall, Q2 2025 highlighted Filecoin's ongoing expansion and adaptation in a competitive market.
Signup for latest DePIN news and updates