On July 30, Singapore time, the Genaro Network officially released the ‘Genaro Yellow Paper’. The Yellow Paper covers the storage layers, the consensus governance and the technical details of the Genaro public chain. More than 70% of the content is disclosed for the first time and was completed in cooperation with many professors and doctors in well-known university laboratories. It is the achievement of a sustained joint effort between academia and industry. The paper:
Defines the first smart data ecosystem with dual-strata architecture.
Lays the foundation of a Smart Data Ecosystem for Dapps.
The release of the Genaro Yellow Paper is another major strategic achievement following the passing of the technical development milestones at the beginning of this year and the official release of the Genaro Eden product on March 30.
The Genaro Network was born as the first smart data ecosystem with a dual-strata architecture integrating blockchain and storage layers. It has undoubtedly brought new life to the cloud storage industry and the space of Dapp developers. Genaro Network is building a public chain that combines decentralized storage layers to create the foundation of the future Dapp data ecosystem. It provides a one-stop solution for Dapp development on a dual-strata technical architecture, making Dapp development simpler and more efficient. In addition, Genaro Network’s decentralized cloud storage network enables developers to quickly and simply deploy and run smart contracts while completing a series of operations such as storing data. For business users, Genaro Eden Enterprise Edition offers commercial decentralized cloud service solutions. For individual users, Genaro Eden’s philosophy, based on the understanding that “data is value”, provides everyone with safe, private, permanent and decentralized cloud storage. A trusted and trusting network community is key to this. Genaro Sharer can bring considerable multi-consensus benefits to nodes that share hard drive space and are willing to contribute to the storage network.
On the technical side, the Genaro Network Yellow Paper provides a brief description of many traditional issues of cloud storage technology and public chain consensus design, such as security risks, data ownership, reliability and testing methods, especially in security. In the design of chain-style PoS, Genaro referred to famous PoS methods such as Casper (CFFG, CTFG)，Tendermint, and Ouroboros, analyzed the major ways of attack at PoS and proposed relative schemes. Genaro adapted the ‘file sentinel’ method to suit distributed systems through the combination of PoS and SPoR, thus enhancing the ability to defend against replay attacks. In terms of management structure, Genaro combines the proof of data integrity and PoS and provides effective methods of defense against potential problems in PoS.
The release of the Genaro Yellow Paper is an important milestone in the transformation of the cloud storage technology industry and the underlying public chain section of the blockchain world. The Yellow Paper not only describes all aspects of the storage network, including consensus governance structure and technical details of the public chain, but also summarizes the six unique technical advantages of Genaro: (1) The design of Sentinel Set, (2) The original hybrid consensus mechanism and the combination of the consensus SPoR and the chained PoS, (3) The unique data management method on the chain, (4) The encryption algorithm which involves specific features of GSIOP, (5) The storage information on the instruction level of the VM stack and the special transaction to meet the storage requirements, (6) The means by which the number of times the miner is asked multiple times is reduced, thus increasing network stability.
In the future, Genaro will consider more encryption storage features, including the use of de-duplex encryption to ensure that a single encrypted file is not redundantly processed to increase miners’ benefits. Encrypted file stream storage allows users to download and watch streaming media operations. In terms of consensus, Genaro will provide more fine-grained consensus improvements to ensure the participation of small and medium-sized nodes and increase the instruction set of new VMs to expand and increase more application scenarios.
The Genaro Network project was established in Singapore in 2016. The founding team members are from well-known companies in Silicon Valley and Shanghai, China. They have strong educational background and entrepreneurial experience. Many team members are successful entrepreneurs and early blockchain technology pioneers. They also have extensive development and research experience in blockchain and artificial intelligence.
— — Waylon Wu, Genaro Network Co-Founder & Jiluo Tech CTO:
“I am very pleased to see the official release of the ‘Genaro Yellow Paper’. I have studied a lot of literature in preparation for the composition and discussed it with many well-known teachers over the past year, and I have polished it word by word. I hope that we can also learn from like-minded technology partners in future and contribute to the development of the underlying technology of the blockchain.”
The release of the Yellow Paper has meant that the Genaro Network has entered a new phase of development. The team is ready to combine the breakthrough technology of the storage network and the dual-strata based public chain architecture to provide future Dapp developers with a firm infrastructure. The Genaro Network development platform will provide everyone with a trusted Internet that connects the real world and the blockchain world through secure transfers of data.
【Download Yellow Paper】（https://genaro.network/en/documentation/Genaro%20Network%20Yellow%20Paper）:
About Genaro Network
The Genaro Network is the first smart data ecosystem with a Dual-Strata Architecture, integrating a public blockchain with decentralized storage. Genaro pioneered the combination of SPoR (Sentinel Proof of Retrievability) with PoS (Proof of Stake) to form a new consensus mechanism, ensuring stronger performance, better security and a more sustainable blockchain infrastructure. Genaro provides developers with a one-stop platform to deploy smart contracts and store the data needed by DAPPs simultaneously. Genaro Network’s mission is to ensure the secure migration of the core Internet infrastructure to the blockchain.
Official Telegram Community: https://t.me/GenaroNetworkOfficial
Telegram Community (Russian): https://t.me/GenaroNetworkOfficial_Rus
Genaro Telegram Journal: https://t.me/genaronetworknews