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Lambda (LAMB)

ICO
Lambda bounty

Lambda (LAMB) is a blockchain infrastructure project, which provides decentralized applications (DAPPs) data storage capabilities with unlimited scalability and fulfills services such as multi-chain data co-storage, cross-chain data management, data privacy protection, provable data possession (PDP), and distributed intelligent computing through logic decoupling and independent implementation of Lambda Chain and Lambda DB.

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Overview

Project industryBlockchain Infrastructure
Product typeEcosystem
FoundedSingapore
WhitepaperLambda White Paper Open

What is Lambda

  • Lambda project provides an IoT-oriented system for data collection, data transmission, data storage, data computing, and data transaction, which consists of Lambda Agent, Lambda CEP, Lambda DB, and Marketplace. Among which, Lambda DB establishes a TSDB system based on the blockchain technology.
  • Different from BigChainDB, the bottom layer of which is based on the realization of traditional database RethinkDB, Lambda DB is based on the Amazon Dynamo paper, distributing data files in the bottom layer to corresponding nodes, and saving Hash information in blockchains.
  • Lambda project will establish a network integrating all-time series data throughout the world, where data owners can sell their data using smart contracts in the Marketplace. Since the value of time series data lies in the insight after analysis, data owners can sell analysis results or even insights of the results instead of primitive data on the platform.
  • Lambda DB establishes a special logic structure, where all component units are connected to form a loop with a fixed length, whose maximum value unit is connected with the minimum value unit.

Details

Public sales: Sep 18, 2018 - Sep 30, 2018
Token supply: 10,000,000,000 LAMB
Total tokens for sale: 80,000,000 LAMB
Soft cap: 3,000,000 USD
Hard cap: 5,000,000 USD
Raised: 221,903 USD

Legal

Country limitations: USA, China, Singapore
Registration country: Singapore

Token info

Ticker: LAMB
Type: Utility-token
Token standard: ERC-20
Token price in USD: 1 LAMB = 0.01 USD
Accepted currencies: ETH
Token distribution:
10% Team
20% Foundation & Community
30% Token Sale
40% Miners

Lambda Roadmap

1
4 2017

Lambda technology demonstration and research:
In-depth study the technology architecture of public chains and basic protocol, and the core team read a lot of codes and papers;
Demonstrate the calculation and storage model of massive data in the Permissionless environment;
Demonstrate the connection between OAS business model and Token economy.

2
Q1 2018

Lambda technology demonstration and research:
Choose an appropriate blockchain consensus mechanism, determine to adopt the high-speed chain design of the Sharding program, and the HoneyBadgerBFT consensus algorithm of the subchain;
Determine to adopt multi-sub-chain design that Request and Reponse record separately;
Perfect the separated structural design of the chain storehouses;
Determine to adopt the data ownership proofs of PDP and access control and encryption mechanisms of ABE;
Determine the technological route and technological program;
Complete the technological white paper.

3
Q3 2018

Lambda core component development:
Evaluate and test the performance of libp2p and devp2p, and modify the code;
Implement the underlying data block storage system;
Technology validation of Lambda FS by closed-source development of Lambda Chain;
Community development and real-time open source of Lambda FS;
Implement Lambda database based on Lambda FS;
Develop Lambda Agent based on hot language to facilitate integration with existing application.

4
Q4 2018

Lambda Chain test network development:
P2P network development is used to synchronize blockchain ledgers and storage data;
Virtual machine development and development and validation of built-in contracts;
API interface, RPC interface, command line and peripheral tools development;
Open source Lambda Chain.

5
Q1 2019

Test network construction and development based on Lambda paradigms:
Build a large-scale test network based on community and conduct comprehensive testing;
Issue LDA to encourage early community enthusiasts to develop Lambda-based application paradigms;
Test and correct the security and business vulnerabilities of the application paradigms based on the test network.

6
Q2 2019

Expansion of other data service capabilities and data transactions:
Launched by the Foundation to encourage more data storage and database service capabilities to access the Lambda ecosystem;
Explore data transactions business scenarios and patterns within the Lambda ecosystem.

Project team

He Xiaoyang
He Xiaoyang
He Xiaoyang linkedin
Li Monan
Li Monan
Li Monan linkedin
He Bingqing
He Bingqing
He Bingqing linkedin
Guo Hongqiang
Guo Hongqiang
Guo Hongqiang linkedin
Gao Haiqiang
Gao Haiqiang
Gao Haiqiang linkedin
Zhao Haijun
Zhao Haijun
Zhao Haijun linkedin

Advisors

Guo Hongqiang
Guo Hongqiang
Advisor
Guo Hongqiang linkedin

Social media

Lambda web-siteLambda RedditLambda MediumLambda TelegramLambda BTCTalkLambda LinkedInLambda X (Twitter)Lambda FacebookLambda Github

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