SONM’s New Steps Towards Highly-scalable “Fog Computing+NFT” Architecture
1. Present Architecture:
Previous Products and SONM’s Following the Roadmap
Following series of updates this April, SONM has completed much of the roadmap has scheduled for 2021 S3. In the next season, SONM’s focus will stay on the development of FogX and SONM’s IPFS+NFT.
On the last day of this April. SONM announced a new product under development — -FogX, which is a decentralized exchange for Fog Mining Power NFT. SONM remains distributed in its core, the distributed fog computing power will make the whole FogX product market more transparent and stable. This new FogX will bring SONM’s computing capability to a new level and integrate all the distributed products ecology. Moreover, Binance supported SONM’s redenomination plan and update plan. SONM’s community member will be benefited greatly from the listing in raising publicity and users’ loyalty.
Shortly after the updates, SONM issued the 2021–2022 roadmap. SONM’s development and updates have been in line with the roadmap. Up until 2020 S3, SONM has completed ERC20 swap and BEP20 issuance. For the next stage, SONM will work on the Resource Allocation System (RAS) and Fog storage. The design of FogX NFT module and multi-chain version will also be undergoing.
SONM’s Independent Sidechain Development
Meanwhile, the sidechain of SONM are to be in a fast and steadily growing trace. SONM has its own sidechain enabling SONM to make transactions extremely cheap and fast today, as well as to independently work on scalability options for the future. SONM’s sidechain development in some way resembles but exceeds “rollups” that has drawn much attention nowadays. Rollups, today’s popular Layer-2 solutions, are mini-blockchains that inherit the security properties of the blockchain they’re built on.
Compared to rollups, sidechains are of more goods to users. Now a simple Uniswap-style trade costs less on sidechains than that on rollups; and the ZK technology that rollups rely on is still under-developed. SONM’s sidechain has been in operation for more than one year, now it can address hundreds of transactions per second. For users, SONM’s sidechain is of lower price and more secure due to its mature layer-2 solution back-up. Now Ethereum is striving to open up more side platforms to raise their scalability. SONM’s side chain is independent of itself and unrestricted by Ethereum.
We have good expectations for the present and the future. It is planned to introduce PoS and put SONM on a separate sidechain.
to dig into more fog computing applications with the updated SONM
The under-developing FogX
FogX is a decentralized exchange for Fog Mining Power NFT. It will be the second crucial commercial application on SONM after Ray Render. FogX in the future will combine fog computing and NFT & cross-chain functions together. Fog computing is an innovative concept that in some aspects can compensate the shortcomings of Cloud computing. The main idea of fog computing is to use a decentralized network formed by decentralized independent computing devices instead of a single data center structure.
FogX is meant to provide a comprehensive alternative solution to cloud services, which can implement multiple tasks from various customers at the same time to meet their computing needs. By connecting personal facilities to SONM distributed platform, users can rent or supply some idle computing resources they own to each other, and take advantage of distributed architecture design or “fog computing” to complete computing tasks with lower development cost, so there is no need to invest a lot of money in hardware facilities at the initial stage of product development.
ONM is one of the first accumulation of IPFS+NFT Gems. Now the technological team has worked on the updates on previous product lines to make SONM’s IPFS+NFT become more accessible and secure to users.
With IPFS on the SONM platform, you are using a network of different hosts to help store your files (as long as someone is hosting the file on the network), rather than accessing the content from a specific domain or server, as normal HTTP does. If you’ve heard of Filecoin, this is the coin that is mined by users who dedicate storage servers to the IPFS network, and serves as the incentive for hosts to keep the network up and running.
If you have ever purchased an NFT, backing up the file with the IPFS is recommended. It is common to hear claims that NFTs “live on a blockchain forever”, but frequently, due to the cost and space limitations of storing data on a blockchain, only the ownership record is actually stored, with metadata linking to the actual content of the NFT. All too often, these links are fragile, and direct the user to a specific location using the HTTP protocol, rather than a specific asset. This means that the content pointed to by the link could change or go offline at any point in the future, leaving the original asset lost forever. The IPFS can help address these concerns, and NFTs that leverage IPFS gain several advantages.
3.An Integrated SONM is Coming.
Soon, Ray Render and FogX will grow to be the main growing engines of SONM. With this two products complementing each other, SONM’s FogX computing skills and capabilities get to be supported by Ray’s command-creating and service-expanding. Ray’s function sphere also widens due to FogX’s NFT and cross-chain designs. Moreover, IPFS+NFT in the future will continue to back up the SONM ecology encircling fog computing and commercial projects.
SONM team is always heading for building the world top fog computing platform. Thanks for all SONMers’ support. SONM will continue to bring more innovative and promising programs.
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SONM Announcement: https://t.me/SONM_Announcements
SONM Twitter: https://twitter.com/sonmdevelopment