Decentralized Physical Infrastructure Networks, also known as DePin networks, are gaining attention due to the interest in AI-powered applications. These networks provide an alternative to traditional cloud infrastructure by utilizing decentralized computing resources sourced from users who are willing to share their GPUs. DePin networks rely on blockchain technology and smart contracts to facilitate transactions and automate processes, ultimately reducing costs. Cryptocurrency is used as the currency within these networks. Different DePin networks, such as Spheron Network and Akash Network, implement various matchmaking models to connect consumers with resource providers. While Spheron focuses on allocating optimal resources for performance, Akash uses a reverse auction model to ensure the lowest costs. DePin networks are disrupting the high-performance computing infrastructure market and offering sustainable and efficient alternatives for companies and individuals.
- Content Editor ( thecryptobasic.com )
- 2024-10-30
DePINS In Detail: Understanding The Matchmaking Process At The Heart Of Node Selection