The Jackal Protocol is a blockchain-based platform designed to offer a decentralized infrastructure for secure and scalable data storage. It caters to a wide range of users, including individuals, developers, and enterprises, by providing a self-custodial environment for data management and application development.
Characteristics of the Jackal Protocol
The protocol uniquely integrates validators and storage providers, enabling the creation of decentralized applications (dApps) with access to storage contracts and file structures. It ensures that data remains self-custodial, meaning no one, not even the Jackal team, can access user data without consent.
The JKL Token
The JKL Token is central to the Jackal Protocol, serving as the native token that powers applications like Jackal Storage and the RNS Marketplace. It plays a vital role in network security, transaction fee payments, and governance within the protocol.
User Benefits
- Individuals: The protocol offers enhanced data privacy and security, self-custodial storage, and on-chain permissions for data access management.
- Small Businesses: Benefits include cost-effective storage, scalability, and simplified compliance with regulatory requirements.
- Large Enterprises: They gain improved data governance, enhanced security, and customizable solutions for dApp development.
Core Technologies
- Proof-of-Persistence (JPOP): This Proof-of-Storage algorithm ensures secure and persistent storage of user data through contracts between storage providers and users.
- Internal Detection Of Loss (IDOL): IDOL protocol ensures data availability and accessibility, rewarding storage providers for successful data verification and penalizing for missed proofs.
User Interaction and File Management
- Accessing JKL Tokens: Users can access JKL tokens via the Osmosis Decentralized Exchange (DEX) and transfer them to the Jackal Protocol using the Inter-Blockchain Communication Protocol (IBC).
- Filetree Module: Manages file organization in a user-friendly manner, facilitating file management and encryption key tracking.
