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Caduceus: TPS is moving towards "aesthetic fatigue", how can the story of the new public chain be told?

22-08-29 14:31

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Original source: Caduceus

Foreword

The public chain is Web3 and even the entire Crypto The absolutely eternal narrative theme in the circle, in the process of every bull-bear transition and plate rotation in the blockchain market, various public chains will always be indispensable, whether it is Ethereum as the market leader, or from the trend towards The risky Solana, and now Aptos, which stands out with capital darling and new features.

Since Ethereum has established its dominance in the field of public chains, we have seen that almost all subsequent new public chains will take Ethereum as a competitor, and whether it is an L2/side chain solution or For the more extreme expansion of L1, the primary label is almost all "high performance", and TPS is usually used as the ultimate indicator to measure technical strength and innovation.

put Two years ago, the concepts of "TPS" and "Ethereum Killer" might have been the key, but now this TPS-only theory is experiencing aesthetic fatigue. The reality is that most DApps at this stage do not have high requirements for the TPS of the public chain, and the performance of the current mainstream public chains can already meet the needs of most scenarios. The simple and crude TPS narrative is not enough to support the outbreak and long-term development of the public chain ecology. There are even those who sacrifice security and decentralization in excessive pursuit of TPS performance. The failure of this route in the industry is obvious to all.

More importantly, whether it is for the market or for users, the new public link will provide It is a new ability, a source of income, and a better and richer scene experience. Instead of just a better "Ethereum" or a new high "TPS", this kind of competition for the stock market needs to go to the next round after all.

So what kind of iterations should be made for the narrative linked by Xingong? In addition to technological innovation, we need to put the new public chain into a field that may have a huge market in the future and has not yet been penetrated. For example Metaverse or Web3. The representative of this is the Web3 infrastructure and also the decentralized metaverse edge rendering public chain Caduceus.

Deconstructing Caduceus’ metaverse public chain narrative

Caduceus is the first metaverse scenario The decentralized edge rendering protocol as the starting point is committed to providing services such as decentralized rendering, edge computing, 3D technology and XR extended reality technology for Metaverse developers and creators.

The core of its business is based on a decentralized open incentive protocol combined with edge computing technology, Integrate distributed GPU computing power resources to provide the computing power required for rendering for metaverse, games, AI, and film and television industries. Computing power providers can obtain core tokens as rewards.

Market value determines the lower limit

< p>In the market, any project related to computing power mining will make a reasonable income output path for its own mining income. The core is that the value of POW mining tokens determines the lower limit of the ecology, because only miners have enough income Only under certain circumstances will they participate in and conduct mining, and the upper limit depends on the use of the public chain's computing power by the miners. The reason why the merger of Ethereum was resisted by most miners is because after ETH was transferred to the PoS consensus, the original POW miners could not find a public chain with the same value as ETH as the carrier of mining behavior.

Therefore, whether it is for POW computing power miners or PoS verifier miners, the public chain Whether it can provide long-term profitability for these groups, and can bear miners' cost input and return expectations in the value space determines the lower limit level of a public chain. At present, except for leading public chains such as BTC and ETH, the lower limits of other public chain projects have limitations. One is that the value bearing space is limited, and the other is that they have not solved the problem of useless energy consumption of POW computing power.

Demand determines the upper limit

Compared to the useless waste of energy caused by meaningless solving of math problems in the POW mechanism, Caduceus brings edge computing and real-time rendering into the blockchain world. Through rich heterogeneous computing resources and intelligent scheduling, real-time rendering Freed from the shackles of a single computing power device and cluster, it is possible to turn the future metaverse game into a cloud metaverse game, which not only lowers the hardware threshold for the client, but also finds real value for computing power resources.

When it comes to rendering, traditional real-time rendering mainly relies on the computing power of the GPU, which is characterized by real-time Controlling is convenient for interaction. The disadvantage is that it is limited by the load capacity of the system. If necessary, the image effect will be sacrificed to meet the requirements of real-time rendering, such as the fineness of the model, light and shadow, reflection and other effects. Although it is possible to set up a higher number and higher configuration of rendering machines, the cost is very high.

This is an artistic problem as well as a technical problem, but when the blockchain is perfectly combined with real-time rendering, the problem will be solved. Caduceus' decentralized edge rendering metaverse protocol realizes the perfect combination of blockchain and real-time rendering, and completes edge rendering by computing, rendering and storing on the cloud GPU, and transmits it to the display terminal through the streaming process, relying on massive computing And the characteristics of flexible use provide the optimal solution for shortening the rendering cycle, and the cost will be greatly reduced, making it suitable for various usage scenarios.

Demand determines the product

As the "entry" device of the Metaverse, AR/VR head-mounted display is coming back strong. In the past five years, hardware equipment, technical level, content ecology, and creative environment have been precipitated and greatly improved, and the industry ecology has gradually moved towards a benign path.

According to the latest global and China AR/VR headset market report released by IDC, the global shipments of AR/VR headsets will reach 11.23 million units in 2021, a year-on-year increase of 92.1%. Nearly 98% of the share, shipments of 10.95 million units, breaking through the 10 million sales mark. Due to the gathering of holidays in the fourth quarter, this quarter has almost reached half of the annual shipments. It is estimated that by the end of 2022, global VR headset shipments will increase to 15.73 million units, a year-on-year increase of 43.6%.

according to《 According to data from KPMG 2020 Science and Technology Industry Innovation, online office and consumption have been stimulated during the epidemic, and enterprises have also increased their investment in virtual reality. 71% of enterprises have increased their investment in virtual reality, and the increase rate exceeds 40% of enterprises accounted for 14%. Enterprises' preference for virtual reality will drive the rapid development of the industry. In addition, the continuous integration of virtual reality with cutting-edge technologies such as artificial intelligence, 5G, Internet of Things, and big data will also help the industrial application of virtual reality and give birth to new businesses and ecology. For example, 5G can lead to richer virtual reality applications, AI can improve the intelligence level of virtual reality, and Cloud can promote the light weight and mobility of terminals.

Market Opportunities

The core supporting the prosperity of the Metaverse is a powerful economic system. In the traditional Internet, users must unconditionally trust the centralized platform, so it is difficult to prove that your assets belong to you in this context, and value confirmation has become an important issue.

The existing content distribution platform is an unfair profit distribution structure, which Sets high profit margins and fails to provide real added value to content developers. These problems in the distribution market can lead to difficulties in content development, which also leads to the content market becoming smaller and smaller. In order to solve this problem, developers urgently need a strong economic ecosystem to capture a larger portion of profits.

Metaverse is a product concept emphasizing user experience and interaction, which also means that the market explosion point starts from the application layer. As the Metaverse concept gradually forms a market consensus, the Dapp with the highest user activity is replaced by Metaverse. Cosmic concept mass occupation.

The popularity of Cosmos Dapp is forcing the development of decentralized underlying infrastructure that can meet its complex application needs. Metaverse needs credible asset value, trustless identity authentication, and the virtual world's complex of all production and lifestyles in the real world. Engraved and upgraded. And this requires that the underlying infrastructure that carries the Metaverse can provide:

①Decentralized security liquidation layer, value transmission mechanism, and identity protocol.

②Content interaction to meet users' needs for rich scene presentation and fun in the Metaverse world.

③Strong network and computing power support to ensure the information transmission and processing capabilities of the Metaverse.

④ Compatibility and adaptation to more powerful terminal display devices, including somatosensory, AR/VR and ultra-high-definition display screens, etc.

At this stage, most of the underlying public chains serving the metaverse concept in the decentralized market can meet the requirements of point ①, but the ability to control ②③④ is still relatively uneven. The metaverse market still needs to be able to The underlying infrastructure that meets the above four requirements at the same time.

What is Caduceus doing here?

The core goal of Caduceus is to help metaverse participants around the world reduce At the same time, with the help of Caduceus' advantages in VR and other visual enhancement technologies, it will bring a metaverse experience closer to the ideal state to the market.

To sum up, the underlying technology solution of Caduceus edge computing provides a new option for node deployment, and provides a fast deployment scenario for the huge GPU miners that will be released after Ethereum turns to PoS. Edge computing solves the problems of communication delay and large aggregation traffic, and provides better support for low-latency and high-bandwidth services such as Metaverse. Under the coordination of decentralized mechanisms such as blockchain, these edge computing resources can be efficiently flowed and deployed.

Caduceus Core Components

Decentralized, secure and transparent creator distribution system

Caduceus provides IPFS's distributed point-to-point content distribution platform has the world's first 3D-VR short video platform, supports NFT-ERC20 copyright distribution, and supports creative mining and advertising revenue sharing systems based on smart contracts.

High Performance Metaverse Infrastructure

Caduceus revolutionaryly adopts a multi-level distributed hash graph structure, which has unlimited expansion and large-scale parallel processing capabilities beyond the ordinary blockchain table data structure. Cooperating with BigBang's full-hardware programmable accelerated blockchain consensus system, StarRing transaction parallel execution engine, and Nebula level infinitely scalable block database, Caduceus can withstand the task processing capability requirements in high-concurrency and complex environments.

Barrier-Free Migration

For developers, Caduceus supports seamless migration of EVM and Solidity contracts, as well as ERC20/NFT/DEFI cross-chain migration and asset swap, and is compatible with mainstream blockchain wallets such as MetaMask. The current mainstream is synchronized with components, but the difference is that developers can get better performance support and metaverse application development environment on Caduceus.

Caduceus: Focus on Web3 incremental market expansion

Compared with other public chains, Caduceus is not limited to the TPS cycle, and is more important than throughput It is the compatibility of market projects and the supportability of various tracks in the future.

Compared to public chains that focus on solving the impossible triangle problems faced by public chains, Caduceus Choosing comprehensive support for various facilities in the future Metaverse, whether it is a POW computing power solution using decentralized edge rendering, or building basic tools for facilities such as the Metaverse creation platform, is a kind of key market direction in the future. Choose, and try to transform the competitive relationship between the virtual market and the traditional market into a cooperative relationship.

For product upgrades in the same direction, other tools and public chains can do it, and achieving fundamental iterations is an inevitable path for the progress of the blockchain market, and what this method brings is The improvement of user experience and the introversion between products may not be right or wrong, but the value ceiling generated by it will be very obvious. Instead of introverting the current limited market, it is better to open up new market space and capture larger value.