What is the significance of CoinFund's investment in Irys? CoinFund announced a lead investment of $10 million in Irys's Series A funding. I think this is worth discussing further: In the past, on-chain storage has always had an awkward dichotomy: Data exists in Ethereum contracts, programmable but with outrageous costs, sometimes dozens or even hundreds of dollars/MB? Using Filecoin, Arweave, etc., is cheap, but it's just dead files, and on-chain programs can't utilize them at all. So most projects ultimately compromised: core logic is placed on-chain, but the actual data still relies on centralized services like AWS. The result is that decentralized systems are held back by the most centralized part. Irys aims to rewrite this pattern. They are not creating another decentralized S3, but a programmable data layer: ※ Data can be directly read and written by smart contracts ※ Storage costs are ten times cheaper than AWS ※ The data itself can carry logic, such as automatic profit...
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