Meta|Sep 16, 2025 10:02
Irys achieves a leap from static storage to programmable assets. Just saw their Q3 data release—growth from 73 million to 855 million, a 11.7x increase.
Traditional data chains can only store data but can’t use it. It’s like putting money in the bank but never being able to withdraw it. But with @irys_xyz, the moment you store data, it comes with built-in smart contract execution capabilities.
This means every piece of data can set its own access rules, pricing mechanisms, and authorization conditions. If an AI company in the market wants to use the data to train models? They need to pay according to the rules. Developers wanting to analyze the data? They also need to follow the conditions set by the data creator.
From a technical perspective, compared to other projects in the storage space:
1️⃣ Testnet reached 100,000 TPS
2️⃣ 6,000x faster than Filecoin
3️⃣ 20x cheaper than Arweave
@irys_xyz uses a Proof of Useful Work mechanism, where miners only earn rewards when they reliably store data. This solves the energy waste problem of traditional PoW and ensures mining itself provides real value to the network.
From a business perspective, Irys is eyeing the $3 trillion data market. In the current market, data creators barely get any value. But on Irys, every piece of data can become an asset that generates ongoing revenue.
When data truly becomes programmable, tradable, and traceable assets, the value distribution logic of the entire digital economy will be rewritten. Creators, developers, AI companies—everyone can find their place in this new data economy system and earn the rewards they deserve.
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