Very good project. Service that improves the quality of life for all by reducing our impact on carbon emissions. DePin lays the foundations for the major environmental challenges of the future.
Maybe make sure to read for a minute before making implications that a project is not DePIN and âjust cashing in on the buzzâ. I checked into it and Ambient Network aquired the whole existing sensor network and infrastructure from PlanetWatch (on Algorand prior) that had a 3 year history. Basically the second gen OG of DePINs after helium. Just 60 seconds, one Google search and I knew it was IoT physical sensor infrastructure, not only rewarding decentralized device owners on chain, but actually writing the air quality data on chain, over 11 billion transactions.
I thought that the team here is actually helping projects on the route to the launchpad, not going out of their way to throw accusatory criticism without base line research.
Maybe Jupiter does really just care for DeFi and that is the way to show DePIN the door?
Maybe you should learn to read for comprehension. At no time did I âthrow accusatory criticismâ. I never singled out this project at all. My post was general in nature encouraging folks to do research before assuming any project is DePIN.
Also, Iâm not a team member. Just a regular community member like anyone else.
No need to defend Ambient Network or go after someone, but thank you for bringing up some of our core essential and fundamental corner stones so I do not have to.
Best route on Jupiter is to go by CC, aka Cadets Conduct. Yeah I totally made that one up, but I think the culture here is pretty much AUA, âask us anythingâ.
Back then the comment from @BlueZenith I regarded really more as general informative, else why even throw a valid article link in there? I actually like some back and forth, because else it would be just me talking all day.
As for Ambient Network being a DePIN, that is very much self-evident, no need to go even really deep there. Whatever one wants to call it is fine, IoT with decentralized device deployment, big data blockchain aggregator, the new age of air quality analytics, whatever
Anyhow, sweet news incoming after weekend, so letâs look forward to interesting content, and bring me more questions!
I am excited for what is to come for this project. When I first got involved a few years ago, I had such high hopes for this. I do have some concerns about the Solana blockchain, due to the frequent congestion/delays/issues on it. What are the teamâs thoughts on this?
I think honestly that the congestion, delays and issues are actually not even frequent. Just if they happen, they stick around a little and also always make big news given that the user base and liquidity is so much bigger.
Just for context to others reading, the by Ambient Network aquired IoT sensor network from prior PlanetWatch ran on Algorand and as this user most likely has based concerns on this, I will make a lot comparisons here to Algo, which in context does maybe make more sense.
I get what you mean, but look that is a bit of a low hanging fruit from one Algo fan to the other⌠Yes SOL has not the transaction speed, finality and low price like Algo. But also Solana is not just the hyped cool kid in town, well maybe a little, but honestly in terms of liquidity and marketing it has outperformed Algo for how long now? 4,5 years? Look I specifically give Algo always the credit to be superior in some technical aspects, but there was no time that it topped SOL in terms of spread liquidity, marketing of its own projects and pushing narratives like dapps in past and DePIN now.
The reality is, that in many ânecessary to evolveâ topics, Solana has a big advantage now. Look how many other DePINs are here, the cross-operational utility is immense. Or look for example how Phantom Wallet performs, it is far safer with all those phishing warnings, the shielding, warning to connect on fishy sites and a-like. The higher transaction cost is also a little bit of a cost wall barrier to brute force attempts in my opinion
I think the the general perspective comparing Algorand and Solana, potions both in their own strong segments, but arguably no one is the only champion here.
tl;dr
Algorand has benefits on tech side, low transaction costs and finality helping to not have failed transactions. But Solana is the Liquidity King with a far more sophisticated DePIN narrative, bigger audience and marketing overall.
more detail:
Background:
Algorand: Launched in 2019, Algorand was created by Silvio Micali, an award-winning computer scientist. It focuses on providing blockchain infrastructure and services to the public, with features for Dapp developers.
Solana: Also launched around the same time, Solana was founded by Anatoly Yakovenko and a team of tech developers. Itâs a high-performance network with full support for smart contracts and Dapps, hosting popular projects like KIN.
Use Cases:
Algorand: Ideal for developing DeFi applications, supply chain solutions, and other applications requiring security and scalability.
Solana: Suited for large-scale, high-performance Dapps, especially those needing quick transaction processing times.
Scalability:
Algorand: A two-tiered blockchain with a focus on decentralization, security, and high processing speeds.
Solana: Implements a hybrid consensus mechanism, processing hundreds of thousands of transactions per second without additional scaling solutions.
Interoperability:
Algorand: Aims to reduce the gap between traditional and blockchain finance, driving integration through simplification.
Solana: Empowers developers to create immersive applications, bridging the divide between different financial systems.
In summary, Algorand emphasizes security and scalability, while Solana excels in high-speed, large-scale Dapp development
Conclusion = Apples and Oranges
Evaluation = pick what suits the project better
Outcome = Solana is what is needed to ascend this as a business case
There is also a few parts about Solana that are like not the biggest common knowledge because the lines are so blurred. For example if we look at the aspect of âactual measured energy consumptionâ you would be surprised. I mean Algo has this image of carbon neutrality and all, but of course that is achieved with offset. Which is very good and understandable while also Algo has very low energy consumption. I mean depends on what you compare it to. If you compare it to Solana tho, it might surprise the one or the other that (at certain sacrifices and trade-offs naturally) while the speed and finality is all better on Algo, if we look at the actual nodes, POS etc, in the category of âactual energy consumption per comparable device and network utilityâ, Solana has lower energy usage then Algo.
This is not really an argument for anything, just a funny fact.
If we start to open this can of âwhich is the best blockchain for whatâ we will never find absolute agreement. It will always be a rock, paper. scissors game of who can do what better and where it gets beaten.
If you want to dive into Solana more, here some shameless self advertising of an article I wrote:
Very much excited about the launch of this project
[/quote]
We are thrilled to unveil the token economy behind Ambient Networkâour blueprint for empowering a healthier future
Ambientâs native token, launching on Solana in the second half of 2024 will drive a multifaceted ecosystem with aligned incentives for all participants.
We are revolutionizing community-powered environmental monitoring on a global scale. Currently, a global network of community-deployed sensors delivers hyperlocal, real-time air quality dataâover 11 billion streams from tens of thousands of sensors. Looking ahead, we will expand to include a wider range of environmental metrics, offering valuable insights and commercial opportunities.
đ Ambient Networkâs various types of sensorsâpremium and consumer-grade outdoor sensors, indoor sensors, wearable sensors, and data capture from the AmbiGo! smartphone applicationâare rewarded with tokens based on the validity, content, reliability, and commercial value of the data streams they provide.
Stay tuned! Next week, weâll break down our network economy, the utility of the Ambient token, ways to earn it, and the opportunities it unlocks.
I gave screenshots today because I was a bit short in time to really format properly and make it work nice in pure text format, will go through that in future again or rather ask for our main topic post to be updated.
Thank you for the update!
More updates will be added in this week, for clarity we will push updates into the topic thread, but also update the top topic post with details and try to retain a readable format and provide balanced content density.
Thank you everyone for the interest and your ongoing contributions to this topic!
DePIN projects are the way forward, giving power and incentive to the people and the community. Ambient Network as a DePIN and especially on the Solana network will create a new paradigm shit imho as a very big network of sensors is already in place and things can move forward so much faster with the proper management and itâs vision as we already started seeing from the Ambient team.
Nice job guys, hope will be great project
Who would bother to set a sensor into a hex if he can share that hexes reward with up to 4 others? Why even have hexes when they are not used to solidify a deployment? Everywhere with location services, there is a clear advantage for a deployment.
This looks to be very intriguing.
Ambient on Solana is a breath of fresh air! Turning your phone into an air quality monitor? Thatâs app-solutely brilliant. Canât wait to see this network grow and clear the air on pollution.
We released a lot info at end of the day, some things need to settle in and we will deliver more updates mid next week.
@AmbientNetwork did already update some parts of this topics lead article and include more info, but there will be much more coming next week!
Stay tuned!
Whatâs the best route to discuss a potential connectivity partnership? It sounds like youâre relying only on Helium?
In general one can always get in contact with me to get in touch with someone else in team after that. If you check my profile here on JUP and expand it you can also see my other routes of contact.
I prefer Linkedin as the top route of contact followed by Discord.
Not sure tho what made you think that connectivity wise we are only relying on Helium. In fact none of the current around 10k online devices even have Helium capability.
Our current indoor sensors use WiFi, Ethernet and MQTT, while our Outdoor sensors use WiFi and cell via inbuilt SIM. We are exploring oppertunities with Helium, but that is a broad term that basically covers LoraWan but also Helium Mobile.
Other than that, we are also looking int some Matter related protocol APIs, but over all, connectivity is only secondary about what you explore or who offers a partnership. Primarily this is something that we explore with air quality sensor manufacturers.
MAJOR UPDATE TO LEAD TOPIC!
Scroll up and enjoy the @AmbientNetwork LFG Introductions UPDATE!
Tokenomics
Allocations
AmbiGo!
Reward Models
Giveaways
Did we say AmbiGo! ?
Token distribution
Founders Q&A
All the best links
And of course AmbiGo!
Next update will bring: Sensor Hardware presentation (that are all already running on network and known to the legacy users why we did not showcase them yet here in specific, but we will make a deck only for $JUP
Thank you for your feedback and questions: @The_Lacrymator @c2yptic @cloudyconnex @BlueZenith @MECO @Peteris @thewormman @Ti60_85 @sleinous âŚ
âŚend everyone else! (sorry more mentions were not allowed by system we really wanted to thank 12 more users for their contributions)
Everyone is invited to give feedback and recommendations what else we can do to make this topic standout and get more visibility!
Hi @AmbientNetwork and @Merlin-M-Ostermann
Reading through the data, its interesting how the tokenomics will work, also (assuming I understood the data correctly), sensors which are up and running more constantly get rewarded with a higher rate.
I guess a quick question in relation to the sensors and ensuring they are providing real accurate data, especially within polluted cities, will these sensors be calibrated regularly once issued out? Because one thing we always find to be a problem is sensor drift and sensor poisoning which always alters the results.