Jump Trading Returns to the Crypto Assets Field, Aptos Launches Storage Platform Shelby

Recently, Aptos released a storage platform named Shelby, which has attracted widespread attention in the industry. This not only marks the return of Jump Trading but may also be a strategic strike by Aptos against Sui.

Jump Trading played a key role in the early days of Solana, not only supporting the price of SOL but also participating in the development of Solana 2.0 Firedancer. However, with the collapse of FTX and UST/Luna, Jump Trading found itself in a public relations crisis and regulatory investigations. After a series of twists and turns, Shelby became the first significant project for Jump Trading's return to the encryption field.

Shelby aims for ambitious goals, targeting high-difficulty application scenarios such as 4K streaming, TB-level AI training data processing, and multi-user online collaboration. However, a close analysis of Shelby's white paper reveals that it resembles a competitor to Sui's Walrus rather than the high-standard works previously produced by Jump Trading.

The core features of Shelby include:

1. Solve reading performance bottlenecks through a paid reading mechanism and the Aptos storage SDK.
2. Adopt erasure coding mechanism and on-chain/off-chain hybrid audit to ensure storage reliability.
3. Ensure economic sustainability through micro-payment channels and on-chain reward and punishment mechanisms.

Compared to existing storage solutions like Filecoin and Arweave, Shelby's innovation lies in reducing redundancy backup requirements, lowering the backup ratio to about 2 times, which is close to the level of traditional cloud service providers. At the same time, Shelby introduces a pay-per-read mechanism as the main source of income for the storage layer.

However, the challenges faced by Shelby cannot be ignored. First, there are doubts about whether its performance and level of decentralization can reach the standards of Jump Trading's past projects. Second, choosing Aptos as the underlying chain may limit its application in other public chain ecosystems. Finally, compared to mature cloud services like AWS, Shelby still has a long way to go in terms of cost and performance.

Overall, the launch of Shelby reflects Jump Trading's ambition to return to the Crypto Assets market and showcases Aptos's strategy in competing with Sui. However, whether it can truly revolutionize the decentralized storage field remains to be seen.