Jump Trading returns to the crypto market as Aptos launches the storage platform Shelby to challenge cloud giants.

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Jump Trading Returns to the Crypto Assets Market, Aptos Launches Storage Platform Shelby

The Crypto Assets market recently welcomed a significant piece of news: Jump Trading, which once played an important role in the Solana ecosystem, has officially returned. This well-known trading firm has re-entered the public eye by supporting the storage platform Shelby launched by Aptos.

Shelby is an ambitious project aimed at achieving high-difficulty scenarios such as 4K streaming, TB-level AI training data, and multi-user online collaborative work. This goal seems to go beyond the scope of ordinary Crypto Assets projects, directly challenging cloud service giants like AWS and Microsoft.

However, after carefully studying Shelby's white paper, we found that this project is more like a "shelf product" aimed at a certain DEX, rather than the high-quality work that Jump is known for. Shelby mainly focuses on the following aspects:

  1. Solve reading performance bottlenecks through a paid reading mechanism and the Aptos storage SDK.
  2. Ensure storage reliability using erasure code mechanism and on-chain/off-chain hybrid auditing.
  3. Maintain economic sustainability by adopting micropayment channels and on-chain reward and punishment mechanisms

Compared to existing storage solutions like Filecoin and Arweave, Shelby takes a different approach. It reduces redundancy backup requirements to levels close to traditional cloud services while introducing a pay-per-read mechanism as a source of revenue for the storage layer.

However, the challenges faced by Shelby are not to be underestimated. First, it needs to compete with established cloud service providers in terms of performance and cost. Secondly, how to achieve efficient storage and reading while maintaining decentralization is also a dilemma. Finally, Shelby's choice of Aptos as the underlying chain may limit its application in the broader blockchain ecosystem.

Although Jump Trading's return has attracted market attention, the Shelby project does not seem to meet people's expectations. Compared to Jump's early contributions in the Solana ecosystem, Shelby appears to be more of a strategic move to benchmark against competitors rather than a true technological breakthrough.

In the constantly evolving landscape of the Crypto Assets market, it remains to be seen whether projects like Shelby can truly achieve their ambitious goals. Regardless, Jump Trading's return undoubtedly injects new vitality into the market, and we will continue to monitor the development of this project.

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SelfSovereignStevevip
· 07-23 17:42
Another Be Played for Suckers
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CrashHotlinevip
· 07-21 21:57
This wave of bull directly targets cloud service providers.
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SchroedingersFrontrunvip
· 07-21 21:56
It's another challenging one.
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MEVSupportGroupvip
· 07-21 21:51
Jump has finally come back to life.
View OriginalReply0
ParallelChainMaxivip
· 07-21 21:45
Jump has such big ambitions.
View OriginalReply0
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