What is the decentralized storage project @irys_xyz doing? What impact will it have on the industry?

Today, let's briefly talk about what IRYS is doing, which I can summarize in one sentence:

IRYS is redefining data value, leading an innovative transformation from "data storage" to "data assetization."

Brother Cong briefly analyzes IRYS from the perspective of its technological breakthroughs and industry impact.

IRYS is significantly different from traditional decentralized storage projects, with its pioneering "programmable data chain" architecture that transforms static data into dynamic assets with execution capabilities.

This is not only a technological innovation but also a new attempt at the global $30 trillion data economy.

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Let's talk about the technological breakthrough of IRYS: Matrix Packing consensus mechanism.

▪️The core innovation of IRYS lies in the Matrix Packing consensus mechanism, a technology that structures the data preparation process to ensure that each 16 TB partition can be quickly verified, queried, and accessed.

▪️This "library-style optimization" data organization method makes malicious tampering nearly impossible while ensuring the security and responsiveness of applications.

Unlike the storage leasing model of Filecoin and the one-time payment model of Arweave, IRYS implements a predictable pricing model that anchors costs to physical storage rather than the volatile token market.

▪️Current pricing shows: Programmable data per chunk is 0.02 dollars, permanent storage per GB is 2.50 dollars.

▪️This pricing strategy is 16 times lower than traditional solutions, with permanent storage costs of only $0.05 per GB, far below the five-year costs of AWS S3.

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What impact will IRYS have on the industry?

▪️Impact in the AI Field:
The impact of IRYS in the AI field is the most profound. Through the EVM-compatible execution layer of IrysVM, developers can directly embed licenses or source labels into training files.

Through smart contracts, access rights can be controlled, priced, or revoked on-chain, transforming AI training datasets into revenue-generating assets.

The test network shows that IRYS has a throughput of 100,000 data transactions per second, which is 6,000 times faster than Filecoin, and the retrieval speed reaches the millisecond level.

This performance advantage allows AI agents to read and write long-term memory without the need for off-chain databases, enabling multi-agent collaboration and verifiable fine-tuning channels.

▪️Impact in the NFT Field:
IRYS supports in-game or dynamic NFTs through the "variable reference" feature, allowing their metadata to change while the underlying assets maintain provable authenticity.

Secondly, IRYS's one-time payment model allows for the permanent and immutable storage of images, JSON metadata, or animations through links, making it very attractive for NFT asset classes.

▪️Impact in the DeFi space:
The unified storage + execution architecture eliminates the latency of off-chain or shard fragmentation, allowing on-chain oracles, RWA, or order book DEX to query large datasets within a single state root.

Fixed-price storage anchors hardware costs, providing predictable operating expenses for the protocol, in contrast to AWS export fees or the token volatility of Arweave.

In simple terms, while reducing costs, it allows Defi applications to quickly access and call various data stored on IRYS, thereby expanding more services.

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IRYS's innovative solution has gained favor from different project parties in more fields at the upcoming conference, after all, who wouldn't like the ability to support further expansion of the value of stored data through smart contracts?

IRYS is positioned in the storage sector with significant differentiation, focusing on speed + programmability, aiming to become the "AWS Lambda + S3 of Web3" rather than a static data storage repository.

In summary, @cn_irys_xyz represents a fundamental shift from "data storage" to "data assetization."
By unifying storage, computation, and governance in a single protocol, IRYS not only reduces costs but more importantly redefines the new way of creating value from data.

Especially in the current context of the AI era, data is no longer a passive storage object, but a dynamic asset with execution capabilities, embedded permission logic, and programmable interactions. I really appreciate this innovative project.

Keep building, remember to stay engaged with @Galxe tasks and @KaitoAI Yap and #Starboard activities.