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ddMesh

"Like Filecoin for databases" . A decentralized database market where anyone can rent or sell managed private cloud databases using the native orbit chain token DDM or cUSD.

ddMesh

Created At

ETHGlobal London

Winner of

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Arbitrum - Most Original 1st place

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Arbitrum - Qualifying Arbitrum Submissions

Prize Pool

Project Description

ddMesh is "fileCoin for databases" aka a decentralized managed database marketplace.

<Motivation> Today innovative database startups struggle to get customers to switch even if their technology is faster at lower cost due to their expectation of a massive switching cost. The ddMesh network solves this problem by reducing barriers of switching resulting in : increased competition, reduced cost for customers and bringing more revenue to the most innovative providers instead of the big incumbents. </Motivation> <Rewarding Innovation and Quality> In addition to the direct payment for providing database resources the network will reward additional tokens to innovators and those that provide the best customer experience.

Innovation will be measured through decentralized database benchmark competitions specific to each subnet. For instance the vector database subnet has validators doing vector similarity search on large datasets where the database will need to do intelligent probabilistic search return an answer fast enough and validators can easily measure who got the closest answer the fastest.

Best customer experience will be measured on multiple metrics as defined by the DAO one of which is a h-index like metric which counts how many customers have been loyal for over 6 months, 12 months, 24 months and so on. The rewards will be given out on a relative ranking within each subnet. </Rewarding Innovation and Quality>

soon live on www.ddmesh.ch

How it's Made

Our main deployment is an orbit chain deployed on Arbitrum one sepolia using our native token DDM as the gas token.

ENS is used for the database connection string.

We are also deployed on Celo to provide a stable coin experience which lets you use cUSD to buy sell and pay for gas instead of DDM.

Dynamic is the wallet interface

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