Review on Lambda by francis fernandez
Lambda: a secure and private tool for data storage and trading
Lambda is a digital asset that uses blockchain technology to create a platform for the monetization of data storage and distribution services in a secure, private, reliable and decentralized way between various cross-blockchains.
Token:
The Lambda platform uses the ERC-20 type token called LAMB for the execution of trade operations on the blockchain and to manage rewards and pay fees.
The LAMB token operates on the Ethereum chain and has an established total supply of 6,000,000,000 LAMBs.
Features:
• It is a public blockchain platform.
• User data is guaranteed by a private key.
• Employ space-time testing to validate external data off-chain.
• Uses the MAABE protocol to exercise multiple autonomy on the network.
• The platform uses cutting-edge technology that accredits optimal performance.
• Used for data transfer over the network.
• Access data exchange in a granular way.
• It has a team of experts structured in GDPR to guarantee the privacy of the data.
• It has a robust network system.
Mining:
The Lambda network has developed a comprehensive ecosystem for the optimal performance of its infrastructure. This includes an extensive list of mining pools, validating members, more than 1000 Mainnet accounts and has network capacity greater than 640 PB.
Storage:
Lambda has a portfolio application that allows the management of virtual assets, the right to participate in voting and consensus and the acquisition of storage data. LAMB tokens can be stored and managed there, as in other wallets compatible with the ERC-20 token.
Pros
- It is an open source network; which allows the incorporation of any user to its technology
- It allows you to easily join the network as a validator and obtain rewards.
- It is used to store data in a private and secure way.
- Allows data exchange and management in decentralized applications
Cons
- The cryptocurrency has a volatile value
