Home / Cryptocurrency / Iota Introduces Chronicle, a New Solution for Long-Term Data Storage

Iota Introduces Chronicle, a New Solution for Long-Term Data Storage

Iota has presented Chronicle, a permanode answer that can permit its node homeowners to simply retailer all in their transactions and deal with uninterrupted get right of entry to to that information.

Iota’s limitless garage answer

On Sept. 17, the Iota Basis introduced Chronicle, which permits node homeowners to retailer the entire information of the Tangle and temporarily get right of entry to that information when wanted over an indefinite duration of time.

Ahead of Chronicle, node homeowners of the IoT-based cryptocurrency mission, confronted problems that had been immediately associated with restricted garage, as transactions temporarily stuffed up the database. Iota tried to get to the bottom of this through introducing native snapshots permitting node homeowners to delete outdated transactions and stay their database small.

On the other hand, this used to be most effective in part a success, as this answer used to be now not appropriate for varieties of information that had to be saved for lengthy classes of time. 

Iota will be offering grants

Someday, the Iota Basis plans to additional lengthen the capability and functions of Chronicle. The basis invited the group to be a part of this. The basis additionally stated they intend to factor grants in creating and increasing the perception of permanodes. 

Jaguar and Iota

Cointelegraph reported in August that the dispensed ledger era (DLT) corporate IOTA has partnered with auto producer Jaguar Land Rover for a proof-of-concept (PoC) demonstration for tracing automobile calories with DLT.

Russell Vickers, the chief of Jaguar Land Rover’s crew, commented on what he believed this PoC suggests for the way forward for energy-conscious good towns. He remarked:

“This agile initiative demonstrates vividly how towns can grow to be each infrastructure and transportation right into a sustainable and mutually advisable ecosystem. We’re excited to let the general public see how energy-positive structures and automobiles such because the I-Tempo on this demonstration can create nice sustainability innovation in step with Jaguar Land Rover’s Vacation spot 0 technique.”

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