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In-Depth Analysis of the Popular Public Blockchain Project "Origins": Simplified Technical Infrastructure for Developer-Friendly Usage

11-21-2024 07:06 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Getnews

/ PR Agency: PRDistributionIndia
In-Depth Analysis of the Popular Public Blockchain Project

Origins, established in the fourth quarter of 2023, is a public blockchain designed based on foundational technical principles. By deploying nodes globally, it aims to facilitate on-chain data sharing, DApp development, and efficient networks. Considering user privacy needs, Origins' network is collectively established and managed by node holders.

Image: https://www.getnews.info/uploads/96c91490a516e4d1d487294eb0b62df9.jpg

In 2021, the Origins team presented a solution named "Simplified Infrastructure" at the global Web3 conference organized by the Web3 Foundation. This solution gained recognition from numerous seasoned developers in Europe and the United States and is now actively progressing as Origins.

Distinguishing itself from other public blockchains, Origins employs a simplified network architecture integrating decentralized storage networks and CDN networks. This integration enhances data security, privacy protection, data reliability, and resilience while improving content distribution efficiency. Simultaneously, it reduces development costs, providing developers with more convenient access to decentralized storage and CDN services.

Within this innovative simplified network architecture, Origins establishes various node types such as storage, consensus, cache, and retrieval. Nodes directly support specified service types, ensuring users experience greater convenience and efficiency in tasks like uploading/downloading files or using the blockchain compared to other public chains. Anyone can participate as a node by contributing storage space and hardware resources to engage in data storage, caching, and processing, earning token rewards within the economic model.

Professional Team

ILIA NUZHDIN serves as the CEO of Origins. As a veteran professional in the Silicon Valley blockchain sector and a former investor at Stellar, he led a team to successfully develop several leading blockchain solutions, showcasing remarkable expertise in technical leadership and innovation. ILIA NUZHDIN's entrepreneurial spirit and profound understanding of blockchain technology make him an ideal CEO for Origins, dedicated to propelling the company's successful development in blockchain technology and innovation.

The entire team comprises seasoned professionals from the industry, collectively striving toward a common goal.

Upcoming Development Plans

Following the project announcement, the team released a roadmap for the future. From the development plans, it is evident that besides the ongoing fundraising and collaborations, the team will unveil details about nodes and token listings.

Currently preparing for the mainnet launch and undergoing multiple fundraising rounds, Origins relies on a continuous influx of fresh capital to propel itself toward perfection. Although the project currently does not have an airdrop plan, it remains uncertain if there will be one in the future.

The listing of Origins tokens is a crucial element in the roadmap. Considering the market's high expectations for the crypto sector in 2024, the project's tokens, if valued reasonably at launch, could potentially yield returns ranging from several times to tenfold, positioning it as a dark horse project for global rankings.

Market Valuation Estimate

While the official valuation from fundraising and the specific token economic model remain undisclosed, recent insights into the project suggest Origins' market valuation could be around $500 million. Taking into account the participation of reputable institutions, the potential for further valuation growth extends to approximately $1.5 billion. The primary reasons include:

- Origins supports a simplified infrastructure, efficiently boosting the processing and operational capabilities of public chains, providing a reliable foundation for their long-term operation.

- Origins facilitates faster transaction speeds, offering a more user-friendly network infrastructure for both users and developers.

- As an innovative project based on Ethereum technology, Origins boldly attempts to surpass existing public chains in the industry, reshaping the value distribution of the current data economy ecosystem.

This comprehensive overview outlines the innovative features and potential of Origins in the competitive landscape of public blockchains.
Media Contact
Company Name: Origin Tech Solutions Inc
Contact Person: Takahashi Ryousuke
Email: Send Email [http://www.universalpressrelease.com/?pr=indepth-analysis-of-the-popular-public-blockchain-project-origins-simplified-technical-infrastructure-for-developerfriendly-usage]
Country: United States
Website: http://origins.com



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