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      <title>Sapphire</title>
      <link>https://wiki.bitsy.services/wiki/economics/defi/chains/sapphire/</link>
      <pubDate>Mon, 01 Jan 0001 00:00:00 +0000</pubDate>
      <guid>https://wiki.bitsy.services/wiki/economics/defi/chains/sapphire/</guid>
      <description>&lt;p&gt;&lt;a href=&#34;https://oasis.net/&#34;&gt;Oasis&lt;/a&gt; &lt;strong&gt;Sapphire&lt;/strong&gt; is the first and, for now, the only general-purpose &lt;strong&gt;confidential &lt;a href=&#34;https://wiki.bitsy.services/wiki/economics/defi/chains/ethereum/&#34;&gt;EVM&lt;/a&gt;&lt;/strong&gt; — a fully Ethereum-compatible chain where &lt;a href=&#34;https://wiki.bitsy.services/wiki/economics/defi/smart-contract&#34;&gt;smart contract&lt;/a&gt; state and transaction calldata are &lt;em&gt;encrypted by default&lt;/em&gt;. Ordinary &lt;a href=&#34;https://wiki.bitsy.services/wiki/economics/defi/development/solidity/&#34;&gt;Solidity&lt;/a&gt; compiles and runs unchanged, but the contract&amp;rsquo;s storage, the arguments you send it, and the values it returns are sealed inside a hardware &lt;a href=&#34;https://wiki.bitsy.services/wiki/economics/defi/smart-contract/tee&#34;&gt;trusted execution environment&lt;/a&gt; (TEE) and never exposed to validators, RPC providers, or block explorers. Sapphire is a &lt;em&gt;ParaTime&lt;/em&gt; (a runtime) on the Oasis Network; its gas token is &lt;strong&gt;ROSE&lt;/strong&gt;.&lt;/p&gt;</description>
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      <title>Arweave</title>
      <link>https://wiki.bitsy.services/wiki/economics/defi/chains/arweave/</link>
      <pubDate>Mon, 01 Jan 0001 00:00:00 +0000</pubDate>
      <guid>https://wiki.bitsy.services/wiki/economics/defi/chains/arweave/</guid>
      <description>&lt;p&gt;Arweave is a decentralized storage network built around a single unusual promise: pay once, store forever. Where most storage &amp;ndash; cloud buckets, &lt;a href=&#34;https://wiki.bitsy.services/wiki/cs/ipfs&#34;&gt;IPFS&lt;/a&gt; &lt;a href=&#34;https://wiki.bitsy.services/wiki/cs/ipfs/pinning&#34;&gt;pins&lt;/a&gt;, traditional hosting &amp;ndash; charges recurring rent and deletes the data the moment payment stops, Arweave takes an upfront fee and commits to retaining it in perpetuity. The collection of data stored this way, served over HTTP through gateways, is marketed as the &lt;strong&gt;permaweb&lt;/strong&gt;: a permanent, immutable layer of the web.&lt;/p&gt;</description>
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      <title>Filecoin</title>
      <link>https://wiki.bitsy.services/wiki/economics/defi/chains/filecoin/</link>
      <pubDate>Mon, 01 Jan 0001 00:00:00 +0000</pubDate>
      <guid>https://wiki.bitsy.services/wiki/economics/defi/chains/filecoin/</guid>
      <description>&lt;p&gt;Filecoin is the incentive layer that &lt;a href=&#34;https://wiki.bitsy.services/wiki/cs/ipfs&#34;&gt;IPFS&lt;/a&gt; deliberately does not&#xA;have. It keeps the addressing — same&#xA;&lt;a href=&#34;https://wiki.bitsy.services/wiki/cs/ipfs/cid&#34;&gt;content identifiers (CIDs)&lt;/a&gt;, same&#xA;&lt;a href=&#34;https://wiki.bitsy.services/wiki/cs/dag&#34;&gt;Merkle DAGs&lt;/a&gt; — and adds a market where storing data is a dated&#xA;contract that the provider must keep proving it is honouring, on chain, or lose&#xA;staked collateral.&lt;/p&gt;&#xA;&lt;h2 id=&#34;deals&#34;&gt;Deals&lt;a class=&#34;anchor&#34; href=&#34;#deals&#34;&gt;#&lt;/a&gt;&lt;/h2&gt;&#xA;&lt;p&gt;A client and a storage provider agree a &lt;strong&gt;deal&lt;/strong&gt;: a piece of data, a term&#xA;measured in days, a price in FIL, and collateral the provider pledges against&#xA;delivery. The provider takes the raw bytes and &lt;strong&gt;seals&lt;/strong&gt; them into a sector — a&#xA;slow, deliberately expensive encoding that produces a copy unique to that&#xA;provider, so storing the same file twice cannot be faked by keeping one copy and&#xA;counting it twice.&lt;/p&gt;</description>
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