The Good Tech Companies - Xandeum to Unveil Solana Scaling Solution, XAND Token Launch and Liquid Staking at Breakpoint 2024

Episode Date: September 19, 2024

This story was originally published on HackerNoon at: https://hackernoon.com/xandeum-to-unveil-solana-scaling-solution-xand-token-launch-and-liquid-staking-at-breakpoint-2024. Designed to overcome the limitations of Solana’s current storage model, Xandeum’s technology will allow dapps to scale by accessing virtually unlimited storage. Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #web3, #xandeum, #chainwire, #press-release, #blockchain-development, #smart-contract, #solana-blockchain, #good-company, and more. This story was written by: @chainwire. Learn more about this writer by checking @chainwire's about page, and for more stories, please visit hackernoon.com. Blockchain storage layer Xandeum has announced that it will reveal its blueprint for scaling Solana storage at Breakpoint 2024 on September 20, 2024. The smart contract native storage layer introduces “Xandeum buckets,” an exabytes+ scalable file system integrated directly into Solana RPC nodes. The XAND token launch is scheduled for October 29.

This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Zandium to unveil Solana Scaling Solution, XAND Token Launch and Liquid Staking at Breakpoint 2024 by Chainwire. LAS Vegas, United States, September 19, 2024, Chainwire, Blockchain Storage Layer Zandium has announced that it will reveal its blueprint for scaling Solana storage at Breakpoint 2024 on September 20, 2024. At the flagship Solana conference in Singapore, Zandium will also share details of its new storage-enabled liquid staking program and officially announce the launch of the XAND token. Designed to overcome the limitations of Solana's current storage model, Zandium's technology will allow DAPs to scale by accessing virtually unlimited storage. Solana can be looked at as a world computer, and Solana accounts are its RAM. At Breakpoint 2024, Zandium will share its vision

for adding the hard drive, via their scalable storage layer, the missing piece to a full-fledged world computer. This innovation enables a Cambrian explosion of storage-enabled DApps. The smart contract-native storage layer introduces Xandium buckets, an exabytes-plus scalable file system integrated directly into Solana RPC nodes. Storage will be offloaded to a decentralized network of hundreds of thousands of storage provider nodes, Pnodes, supervised by Xandium-enabled Solana validators. P-nodes, validators, and liquid stakers will earn additional rewards in Sol, thanks to highly dynamic fee markets designed to optimize storage efficiency and profitability.

Greater than, a low-cost, decentralized storage solution will drastically expand the greater-than application landscape, says Tommy Johnson, early Solana builder, co-founder, greater-than-and-led engineer at Armada. Greater-than. It can unlock a new revenue stream for Sol validators and stakers. The Zandium solution will have an enormous impact on the growth of the Solana greater-than ecosystem. Greater-than-greater-than. More details of Zandium's Solana scaling solution will be shared at Breakpoint 2024. In addition, Zandium will use the event to announce its storage-enabled liquid staking platform. Scheduled to go live on October 29, the platform will capture future Zandium storage fees for X and SOL stakers. Early adopters who stake with Zandium will be eligible for boosted rewards of up to 10x

with more details at https://zandium.network as an event sponsor. The Zandium team will have its own booth at Solana Breakpoint 2024 in Singapore, with community members able to learn more about key initiatives including the liquid staking pool, XAND token, and forthcoming airdrops. The first airdrop snapshot will take place on October 8, with the XAND token launch scheduled for October 29. Zandium's development of new storage primitives to enhance Solana's programming model will solve the issues with the current storage system, known as accounts, which has proven insufficient to hold even a few gigabytes per dApp. These limitations threaten to stifle the growth of Web3 applications on Solana.

Xandium lead developer Xandium Labs has raised $2.8 million to build out its scaling solution and has seen significant interest from Solana's builder community, with over 4 B transactions completed on its community-run DevNet. Xandium will support a new wave of scalable Web3 dApps while maintaining Solana's security and decentralization. About Xandium Labs Xandium Labs is a Web3 startup dedicated to building the scalable storage layer for Solana. As a major contributor to the world's first storage-enabled liquids-taking platform, operated by the XandDAO, Xandium has already raised $2.8 million from its community

and is on track to launch its Pnode network in early 2025. Users can learn more. http://xandium.com Contact Bernie Bloom Xandium Lab Shullo at xandium.com. Tip This story was distributed as a release by Chainwire under HackerNoon's business blogging program. Learn more about the program here. Thank you for listening to this HackerNoon story, read by Artificial Intelligence. Visit HackerNoon.com to read, write, learn and publish.