What if I told you there’s a blockchain combining cloud computing infrastructure with security and scalability, which is probably the missing piece of the puzzle between networks like Ethereum and true decentralization. This is where Trias comes in!
Trias, also known by the market ticker TRIAS, is a layer-1 blockchain and decentralised general-purpose cloud computing infrastructure that looks to tackle the issues of Trusted Systems, Scalability, and Security in blockchain networks.
At its core, Trias wants to secure the trust between users and machines and is designed to support large-scale applications, such as blockchains, with full decentralisation.
In short, you can think of Trias as a blockchain project that tries to make machines ensure they do what they are supposed to do, while also tackling the issue of centralised cloud infrastructure.
But what does that all mean? And how is Trias a real game-changer for crypto users?
Today we find out!
What is Trias?
Founded by Dr. Anbang Ruan in 2016, with the TRIAS token going live in 2021. Dr. Ruan has a PhD in computer security from the University of Oxford, and over 12 years of experience in Trusted Computing, Cloud Security, and Cryptography, which I’m sure came in handy while developing Trias.
Trias markets itself as layer-1 blockchain and as decentralised cloud computing infrastructure.
To translate that into English, the layer-1 refers to its position in the blockchain network structure.
Typically, layer-1 is the foundation layer on top of which everything is built, a project like Ethereum would be a good example of this.
A layer 2 platform would be built on top of the layer 1 network to perform a specific task. A project like Optimism, which helps Ethereum process transactions, would be a good example of a layer 2.
So, if we imagine layer-1 as the ground level of a house, then layer-2 must be the upstairs. By that logic, we can imagine layer-1 as the basement.
Though, more important than your average basement, the layer-1 that Trias provides is an entire decentralised infrastructure which could be utilised by networks like Ethereum to increase their scalability, security, and transactions per second.
But to understand how a project like Trias has the potential to be Ethereum and more, I have to talk about decentralised cloud computing infrastructure.
Cloud infrastructure refers to the software and hardware components that support the computing requirements of a cloud computing model and are critical for its functionality, such as servers, network storage, etc.
Most of the infrastructure operated today is run by centralised companies, such as Amazon, Microsoft, and Google, who inevitably make all the rules and force the users to comply or be denied service.
On top of this, centralised cloud infrastructure providers are more vulnerable due to being isolated in their networks. This means the likes of data breaches, denial of service attacks, and server downtime all exponentially increase when there is only one place hackers need to attack.
Trias proposes a different model, where the infrastructure hosting the servers and storage in the blockchain process can be fully decentralized from the ground up.
This is important as according to some sources, such as Anthony Pompliano, as much as 70% of all Ethereum nodes could be running on centralised services such as Amazon.
While this figure is likely exaggerated, at least some of the Ethereum network is indeed hosted on centralised servers such as Amazon.
But how can this be?
In short, Software as a Service.
Software as a Service is a software distribution model in which a third-party provider hosts applications and makes them available to customers over the internet, usually purchased through a subscription model.
This causes an issue as ultimately if Amazon decides to shut down access, it could impact, or even end the Ethereum network, if the figures by Pompliano are to be believed.
Obviously, this is hyperbolic, but it does highlight the risk of centralised cloud infrastructure to blockchain technology and highlights the issue Trias looks to solve.
It isn’t just a platform to build a blockchain, it’s a decentralised version of the entire infrastructure that is required to truly host independent networks, free from centralisation.
But how does Trias work exactly?
How does Trias work?
Trias is a Trustless Proof-of-Stake blockchain, but functions very similarly to a Delegated Proof-of-Stake blockchain, with 9 “Supernodes” running the network. Though, this can increase to 100 “Supernodes” depending on the selected settings.
Trias is backed by a unique three-layer architecture to enforce that machines in the network are always doing exactly as they are intended to do, without manipulation or failure being an option.
The three layers of the architecture are the Leviatom Layer, which forms a web of Trusted Execution Environments that are responsible for the direct execution of general-purpose software and help to verify the authenticity of node operators.
The Prometh Layer, which is a traceable development framework that documents all vital data related to the blockchain for the entirety of its lifespan and ensures the genuine properties of the software are strictly being adhered to.
And finally, the MagCarta Layer, which is the smart contract programming layer for advanced enterprise-grade decentralised applications and blockchains to be built and issue their own tokens.
What makes Trias unique?
Decentralised Software as a Service or DSaaS is the unique selling point of Trias.
DSaaS doesn’t have a single point of failure, unlike regular SaaS.
With SaaS, you only have to attack one node in a centralised SaaS set-up to cause a massive data or privacy breach or even shut it down completely.
By having a network that communicates and authenticates information, Trias becomes very challenging to disrupt or manipulate its network.
DSaaS is the final piece in the puzzle for networks like Ethereum, and others, to become fully decentralised.
But how about the Tokenomics?
TRIAS Tokenomics
The TRIAS token is the native token of the Trias network and can be used for all the Proof-of-Stake classics like network payments, staking, and governance.
In total, there will only be 10 million TRIAS tokens, all of which have now finished their vesting schedules and are available to the market.
The initial distribution of those 10 million TRIAS tokens was as follows, 6% went to public investors, 8% to seed investors, 20% to the Foundation, 13% to the ecosystem, 10% to the team, 10% to early supporters, 30% towards network rewards, and 3% towards marketing.
Trias is the missing link that can allow many blockchain networks to become fully decentralised.
Trias offers a platform and all the infrastructure services any developer could want to have to build a fully decentralised blockchain network.
With such a unique use case, Trias really is a project to keep an eye on.
Of course, nothing is ever guaranteed in crypto, but if they can deliver on their promises, then I still believe the best days for Trias could still be to come.
Thanks for reading! If you like the article on Trias and you want to learn more about cloud computing in crypto, click here to read the article on Akash Network!