From the heavy hit of the star subproject created by the Ethereum team to the rumors that the Huaqiangbei high-rise building swayed due to P-disk mining, the two projects of Swarm and Chia have become the focus of attention in the recent blockchain field. Everyone wants to know who will become the next super dark horse comparable to Bitcoin. On some levels, Swarm and Chia have some surprising similarities, but at the same time, there are huge differences between them.
For the existence of the "Vitalik Buterin" (Vitalik Buterin), who created Ethereum, experts in the blockchain field and people in the currency circle all year round will never be unfamiliar. Swarm is the realization of a decentralized network and allows the network to enter Web3. One of the 0 eras pillars was first proposed and promoted by the founder of Ethereum, Vitalik, who is called a genius and his team. Swarm is currently mainly developed by the Ethereum Foundation and has cooperated with Bitcoin Suisse with sufficient funds. Just relying on the fame of Ethereum and Vitalik, Swarm has long been a star aura and has become a popular project that has attracted much attention.
Compared to Vitalik's popularity in the blockchain field, Bram Cohen's name may be strange to many people who follow the currency circle. Still, as long as he mentions something he has created in the past-BitTorrent, there is probably no one right away. No one knows, yes, he invented BT, a document distribution protocol that is popular worldwide. He is a genius no less than Vitalik; this legend has officially entered the blockchain field. He created Chia with great effort.
Interestingly, perhaps because of geniuses, the Chia team mentioned the outstanding contributions made by Ethereum in its white paper, and Swarm's official "Book of Swarm" (Book of Swarm) mentioned BitTorrent's network Outstanding achievements in the field of document distribution. The mutual praise between geniuses inevitably makes people feel the difference in the pattern, and I feel that geniuses are still geniuses.
Innovation competition: new storage method vs. new proof mechanism
Swarm wants to build an autonomous digital society where data storage and communication do not require permission from others other than itself to realize a free and open network environment truly. It is mentioned in the "Book of Swarm" that the API and other related tools it provides are carefully designed to support all standard web browsers so that it can immediately provide more privacy-conscious and decentralized alternatives to replace the Existing World Wide Web (World Wide Web).
In addition, Swarm has created a unique incentive system for the storage and distribution of data. According to the "Book of Swarm," Swarm uses swap agreements and incentive systems such as swear and trick to ensure the rationality of the costs and rewards involved in its data storage and distribution.. It can be said that Swarm effectively solves the pain point of BitTorrent's lack of economic incentive system. As a functional token of Swarm, BZZ is flawlessly applied to its incentive system.
Compared with Swarm, Chia's main innovation lies in introducing "Proof of Space and Time." According to Chia's white paper, this is a brand new Satoshi Nakamoto consensus algorithm. The advantage is that it will not consume much electricity and single-purpose hardware like Bitcoin's "Proof of Work." It is an alternative to the environmentally friendly version of the proof of work mechanism. This method of verifying the blockchain through hard disk space and time-proof coordination dramatically reduces the consumption of ASIC and other hardware, computing power , and electricity. It makes it easier for ordinary users to participate in it.
Chia and its tokens will be used in financial use cases such as transfers and international payments and the addition of functions such as multi-signature and atomic swaps, limit transaction wallets, and colored coins.
It can be seen that both Swarm and Chia have shown fantastic creativity and brought their brand-new concepts to the blockchain field. The birth of this new concept will undoubtedly contribute to the vigorous development of the blockchain world.
The battle for vision: decentralized data network vs. decentralized financial system
According to the "Book of Swarm," Swarm was initially born out of the vision of "want to build a decentralized storage and communication network on the blockchain." It was long before Ethereum went live on the mainnet in 2015. Has sprouted. Vitalik and his team wanted to achieve the ultimate decentralized network, and Swarm was proposed initially as one of the pillars supporting the network.
"The Book of Swarm" mentioned that today's Internet has gradually formed a pattern controlled by large centralized companies and institutions such as Google, Facebook, Amazon, etc. These companies continue to add annoying things to their platforms to make profits and reward investors. Advertising, what's even more frightening, is that by mastering a lot of user data, they can also use algorithms to "tailor" the so-called "content they want to see" for users. The rampantness of such algorithms and data abuse have manipulated people's The information received on the network controls people's thinking and behavior. There is no doubt that people's network data privacy is facing a significant threat.
The birth of Bitcoin and Ethereum opened a win
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