Introduction
Lighthouse is a decentralized permanent storage protocol built on IPFS and Filecoin. It aims to provide a solution for users seeking an alternative to rent-based cloud storage by offering a perpetual storage model. Lighthouse integrates with multiple blockchains, including Ethereum, Polygon, Binance Smart Chain (BSC), Solana, and more. By leveraging the miner network of Filecoin and content-addressing via IPFS, Lighthouse ensures cost-effective, verifiable, and flexible storage options.
Innovation
Lighthouse introduces several innovative features within the decentralized storage ecosystem. Its key differentiator is its perpetual storage model, which allows users to pay once for lifelong storage. In contrast to traditional cloud services or Filecoin’s pay-per-period approach, Lighthouse simplifies data storage by eliminating recurring fees. Another notable innovation is the inclusion of native encryption and access control features, solving the inherent privacy concerns of IPFS and Filecoin, which otherwise store data publicly by default.
Lighthouse also offers flexible payment methods, allowing users to use tokens from various blockchain networks to pay for storage. Its pay-per-use functionality ensures that users only pay for what they need, making it more accessible for smaller storage needs.
Architecture
Lighthouse leverages a multi-layered architecture built on IPFS and Filecoin, which are the foundational storage and content-addressing components. It abstracts the complexities of interacting with the Filecoin miner network, allowing for a more seamless user experience. On top of this, Lighthouse integrates with multiple blockchain networks such as Ethereum, BSC, and Solana, enabling users to pay for storage and receive verifiable proof on-chain.
The platform includes an IPFS Gateway for faster file retrieval and even supports multimedia. Lighthouse also offers image optimization, allowing users to customize image sizes to save bandwidth. Integrating the Kavach Encryption SDK further enhances its security architecture, allowing decentralized applications to utilize distributed key shards and threshold cryptography for secure data sharing.
Code Quality
Lighthouse’s codebase appears well-structured and purpose-built for decentralized storage. By integrating Filecoin’s storage capabilities with smart contracts on multiple chains, Lighthouse focuses on modularity and flexibility. Using the Kavach Encryption SDK for privacy-focused applications indicates a strong emphasis on security, offering developers clear examples and documentation for building token-gated applications.
The overall code quality is reinforced by the platform’s provision of APIs, CLI, and SDKs for developers, ensuring extensibility and ease of use. Authentication mechanisms, such as signed messages, JWT tokens, and passkeys, are implemented for secure interactions with encryption nodes, ensuring that security remains central to the protocol’s design.
Product Roadmap
Lighthouse has ambitious plans to expand its service offering. While it currently supports multiple major blockchains, including Ethereum, Polygon, and BSC, there is potential for further integration with other chains to enhance interoperability. The team’s focus on expanding privacy features, increasing scalability through better image optimization, and continuing to lower storage costs suggests that Lighthouse is actively addressing user needs and technological limitations.
Future development includes the possibility of additional features to optimize bandwidth usage further and reduce storage costs, as well as more robust integration with non-EVM-based chains like Solana. The team is also expected to enhance its API and SDK capabilities to support a broader range of decentralized applications (dApps).
Lighthouse Usability
Lighthouse offers a user-friendly experience by abstracting the complexities of Filecoin and IPFS interactions. It supports multiple interfaces, including a web-based UI, CLI, and SDK, allowing developers and users to interact with the platform through their preferred methods. The platform’s pay-per-use model ensures cost flexibility, while features like private data encryption and multi-chain payments streamline the process of secure and decentralized storage.
Moreover, Lighthouse’s ability to optimize images and retrieve multimedia content quickly via a dedicated IPFS Gateway enhances its usability for users of large datasets or media files.
Team
The team behind Lighthouse demonstrates strong expertise in decentralized storage, encryption technologies, and blockchain development. With the development of the Kavach Encryption SDK, they have showcased their commitment to privacy and security within decentralized systems. While specific team members are not widely publicized, the quality of the platform and its well-architected SDKs indicate a high level of technical competence.
Conclusion
Lighthouse offers an innovative solution in the decentralized storage space by providing permanent, cost-effective, and secure storage. Its seamless integration with multiple blockchains, flexible payment options, and robust encryption features set it apart from other storage protocols. While the platform expands, its focus on scalability, privacy, and user-friendly interfaces positions it as a strong player in the decentralized storage ecosystem. Continued development, particularly in supporting additional chains and reducing storage costs, will further solidify its market position.
Initial Screening | |||
Keep researching | |||
Does this project need to use blockchain technology? | Yes | ||
Can this project be realized? | Yes | ||
Is there a viable use case for this project? | Yes | ||
Is the project protected from commonly known attacks? | Yes | ||
Are there no careless errors in the whitepaper? | Yes | ||
Project Technology Score | |||
Description | Scorecard | ||
Innovation (Out Of 11) | 9 | ||
How have similar projects performed? | Good | 2 | |
Are there too many innovations? | Regular | 2 | |
Percentage of crypto users that will use the project? | 6%-10% | 3 | |
Is the project unique? | Yes | 2 | |
Architecture (Out of 12) | 11 | ||
Overall feeling after reading whitepaper? | Good | 2 | |
Resistance to possible attacks? | Good | 2 | |
Complexity of the architecture? | Not too Complex | 2 | |
Time taken to understand the architecture? | 20-50 min | 1 | |
Overall feeling about the architecture after deeper research? | Good | 4 | |
Has the project been hacked? | No | 0 | |
Code Quality (out of 15) | 12 | ||
Is the project open source? | Yes | 2 | |
Does the project use good code like C,C++, Rust, Erlang, Ruby, etc? | Yes | 2 | |
Could the project use better programming languages? | No | 0 | |
Github number of lines? | More than 10K | 0 | |
Github commits per month? | Less than 10 | 2 | |
What is the quality of the code? | Good | 2 | |
How well is the code commented? | Good | 1 | |
Overall quality of the test coverage? | Outstanding | 2 | |
Overall quality of the maintainability index? | Good | 1 | |
When Mainnet (out of 5) | 5 | ||
When does the mainnet come out? | Mainnet | 5 | |
Usability for Infrastructure Projects (out of 5) | 5 | ||
Is it easy to use for the end customer? | Yes | 5 | |
Team (out of 7) | 4 | ||
Number of active developers? | 3+ | 1 | |
Developers average Git Background? | Intermediate | 2 | |
Developers coding style? | Solid | 2 | |
Total Score (out of 55) | 46 | ||
Percentage Score | |||
Innovation | 16.36% | ||
Architecture | 20.00% | ||
Code Quality | 21.82% | ||
Mainnet | 9.09% | ||
Usability | 9.09% | ||
Team | 7.27% | ||
Total | 83.64% |