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Lambda and BitMax.io Exchange form a strategic partnership

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Lambda and BitMax.io Exchange form a strategic partnership
Source: BitMax

Lambda, a leading decentralized storage innovator, and BitMax.io, a third-generation digital asset exchange platform, have recently announced a strategic partnership. On 26th December 2018, Lambda’s LAMB token became exclusively available via the BitMax.io exchange.

Lucy Wang, co-founder and CMO of Lambda, says “We look forward to delivering on an exponential impact to the decentralized storage market in cooperation with BitMax.io as our listing partner.”

Providing storage is crucial in today’s cryptocurrency industry and for the future of the Internet of Things [IoT] connectivity. Selecting a data storage provider for safekeeping of valuable information gives rise to the following questions:

  • How do I know the data storage provider has stored all my data according to my requirements?
  • How can I ensure that no-one other than me can move the data or steal it?
  • If data is tampered with, am I able to retrieve the original information?

Lambda provides decentralized storage solutions

The above questions are at the heart of blockchain storage problems. Lambda’s core team consists of entrepreneurs in infrastructure software, digital marketing professionals and open source community contributors that shows a commitment to solve these problems.

Lambda leverages two approaches to eliminating the roadblocks – Data Possession [PDP] and Proof of Retrievability [POR]. These two approaches are regarded by academics as crucial for data storage infrastructure.

When data is checked in, a unique code series to the data is simultaneously created and stored in the blockchain. Verifier nodes are distributed throughout Lambda’s main network. When someone stores important data and purchases the verification service at the same time, the Lambda system randomly selects a set of verification nodes. The more verification services purchased, the higher the proof of integrity.

Lambda is different from most blockchain applications in its datastore infrastructure. It has a plurality of chains for transactions, sharing, access control, and encryption. The ecosystem consists of DAPP developers, storage node participants, project parties, and chain node participants such as storage and retrieval miners. Lambda provides decentralized applications an unlimited and scalable data storage capabilities on the blockchain.

Secure, trusted data storage is vital today where a current lack of transactional transparency and guaranteed data ownership and control right exists. Lambda wants to promote data sharing and for all to experience the common benefits of secure, trusted data storage.

The ability to distribute, verify, store, analyze and use public data securely makes a platform different from others in various fields – medical, weather, public safety data, hydrology, transportation, scientific research, education, and agriculture.

Access control and protection of personal privacy data has become a controversial issue and saw the implementation of GDPR and other bills last year. Lambda uses data encryption service to provide privacy-protected data storage.

BitMax.io, a strategic partner

The choice of BitMax.io as a strategic partner is no surprise as this digital asset trading platform has quickly moved up the ranks since its initial launch due to its continuing trading innovations and focus on clients. Many top venture capital institutions in the industry makes strategic investments in its early stage financing round, including Matrix Partners China and FBG Capital. Its team has expertise in many areas, including traditional finance, capital markets, technology, and token economics.



BitMax.io offers a broad range of services and products to its global institutional and retail clients. It is the first exchange in the industry to apply trans-fee and reverse-mining.  It offers a 24/7 global trading operation and real-time trade settlement. In October 2018 its trading fee was lowered to 0.04, making it the lowest transaction fee in the industry.

The collaboration with Lambda will strengthen the credibility of BitMax.io. Lambda’s debut with a primary listing on a global trading platform like BitMax.io will highlight its role in future of secure, trusted storage. Lambda made its open-source Proof-of-Space-Time [PoST] protocol available to developers in November 2018 and is expected to launch its main network in the second quarter of 2019. It will be interesting to observe the exponential impact of this collaboration in the years to come.





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Press Release

Party for the POC Believers – A New Consensus, a New Era

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Party for the POC Believers - A New Consensus, a New Era
Source: Pixabay

One of the most influential blockchain conferences – Consensus 2019, has just ended. Leading figures from all over the worlds of business and technology are still discussing the stories that emerged during the event, on the blockchain market, tech development and more.

Consensus is the core spirit of blockchain. The Consensus conference is named after this principle. While paying tribute to the technology, it inspires people in the blockchain industry to communicate, innovate and solve problems.

Source: Socialydia

After attending the Consensus conference, the BHD Community held an invitation-only party, ‘New Consensus, New Era’, at the Hilton Hotel NY on 14th May. This party gathered people from all over the world who believe in POC consensus, hard disk mining, and BHD, and gave them a good opportunity to connect in person.

Gary, BHD Community Initiator and Hpool COO, stated,

“The POC consensus adopted by BHD will lead a new era. Compared to ASIC mining, hard disk mining costs much less. The hard disk is also the most decentralized mining hardware in the world.”

He believed that only POC could realize the initial vision of Nakamoto – ‘one person, one vote’ – and called on people to join the POC ecosystem.

Source: Socialydia

Source: Socialydia

The attending investors and practitioners had deep discussions on the POC consensus and showed high recognition and interest.

Source: Socialydia

Source: Socialydia

[Network Session at the Party]

Source: Socialydia

Source: Socialydia

[BHD at Consensus 2019]

Source: Socialydia

Source: Socialydia

[photo with the visitors]

In the era of POW, BTC was at the forefront of the scene; now the rise of POC brings a new trend. BHD is the pioneer of this revolution, with new consensus and new mining structures. BHD will become the ‘BTC’ of the POC consensus mechanism.



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