Just like every other form of tech, data storage is also evolving, and as decentralized technologies gain adoption, secure, agnostic data storage is becoming realistic through projects with blockchain-based storage and distributed file systems.
Data accessibility, ownership, scalability and great UX are important factors you’d have to consider when choosing a data storage solution. There’s only one protocol that delivers these factors. It’s named Jackal Protocol.
What Is Jackal Protocol
Jackal Protocol is a decentralized storage protocol built for scalability, security and user empowerment as the primitives. It provides an alternative option to traditional cloud storage by distributing data across a network of computers to eliminate centralization.
Jackal Protocol uses validators and storage providers to achieve decentralized data storage and enable developers to create decentralized apps with access to all Jackal Protocol Modules.
You can customize data ownership with other users or smart contracts and transfer files without third-party providers. Your data is self-custodial and inaccessible to unauthorized entities including the Jackal team.
Jackal Labs and The Jackal Foundation maintain the Jackal Protocol to ensure the project thrives in terms of development and adoption.
Jackal Protocol’s Features
Jackal isn’t another project jumping on the DePin hype. It has innovative features to back up its claims as the interchain storage network delivering scalability to all blockchains.
Let’s overview some of the features:
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Security and Privacy: Jackal doesn’t store your data in one location to minimize vulnerability to hacks and outages. Also, remember your data is self-custodial. You own your data!
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Build Scalable dApps: You can build dApps with Jackal’s secure and scalable data storage and gain access to all Jackal Protocol modules functionalities like storage contracts and file structures.
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Granular Access Control: Custody without shareability is stagnation! You can customize data ownership and share data securely as you please.
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Jackal Protocol is OpenSource and Community Driven: Jackal Protocol is open source and anyone can fork, contribute and verify its functionality.
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Jackal Protocol Multi-purpose: Jackal can host almost anything. Developers use the Jackal Protocol to build apps and games.
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Interoperability: Jackal Protocol is Cosmos-based. This makes Jackal Protocol easy to interoperate with projects in the cosmos ecosystem. Recently, Jackal Protocol developers uploaded a file from Archway to Jackal Protocol without middleware which is a testament to its interoperability.
This list isn’t exhaustive, and the amazing part is that Jackal Protocol is relatively new compared to the big names in DePin but it already offers these amazing features.
The $JKL Token
Tokenization is an important facet of the ownership economy. The $JKL token is the official token of the Jackal Protocol, integrated into the Jackal Protocol ecosystem, and there’s so much you can do with it.
You can use the $JKL token to...
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Fuel dApps to use apps built on Jackal Protocol
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Pay for data storage.
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Secure Jackal Protocol’s Proof-of-Stake (PoS) Cosmos L1 blockchain by delegating to validators.
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Pay Transaction fees on the Jackal Protocol L1
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Participate in on-chain governance within the Jackal Protocol.
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Earn rewards by depositing in Liquidity Pools.
The $JKL token is versatile in terms of utility which is great for driving and creating value in the ecosystem.
Conclusion
Jackal surpassed Arweave in storage purchased on-chain in January 2023 and recently, it is doing 2.4x more purchases on-chain compared to Arweave.
Jackal Protocol is probably going to be one of the biggest DePin projects in the coming months, and hopefully, this blog has introduced you to the project.
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