DSA Introduces Golden Gate, Reducing Storage Cost by 40%

This groundbreaking launch aims to significantly reduce the costs linked with decentralized file storage by nearly 40%.

Last updated: June 30, 2023 11:48 AM

Published June 30, 2023 11:48 AM

Last updated: June 30, 2023 11:48 AM

Published June 30, 2023 11:48 AM

Technology Consortium, Decentralized Storage Alliance (DSA), in collaboration with influential members like Protocol Labs, Supranational, and the Filecoin Foundation, has introduced an innovative software and reference configuration, Golden Gate.

This groundbreaking launch aims to significantly reduce the costs linked with decentralized file storage by nearly 40%. It achieves this by minimizing latency and enhancing crucial operations during data onboarding.

Decentralized storage relies heavily on computations performed on incoming data for ensuring network security, cryptographic proving, and data immutability. The “sealing” process, responsible for these computations, often consumes over half of the total hardware costs.

This poses a significant hurdle for new and existing storage providers looking to improve their data onboarding capacity. Golden Gate, DSA’s first software release, effectively tackles this issue, reducing server costs associated with sealing by up to 90%.

This open-source software will support the growth of the Filecoin Network beyond its existing 13 exabytes of capacity, making it significantly easier for users to become Filecoin Storage Providers and onboard data to the network. The industry advancements in decentralized storage technologies could drive further adoption by enterprises.

“Decentralized storage is already 121 times cheaper on average compared to centralized storage and Golden Gate takes decentralized storage cost-effectiveness to new heights, reinforcing its position as the clear choice for enterprises seeking long-term data availability and immutability.” says Daniel Leon, DSA Lead at Protocol Labs.

The Golden Gate upgrade, in conjunction with the recent launch of the Filecoin Virtual Machine, will enable network participants to benefit from decreased computing costs and increased computing power.

Alongside Golden Gate, the DSA is releasing optimized hardware reference configurations to aid planning for establishing optimized hardware configurations for the new software.

The upcoming releases promise to build on the functionality of this preliminary release, making it easier for the ecosystem to realize the benefits of the optimizations. This, along with the open-source orchestration software and DSA reference architectures, will simplify the use of the new software off-the-shelf.