Fluence Network has launched a staking program to decentralize cloud computing and improve network security. The program allows users to earn rewards and contribute to the overall performance of the platform. Unlike traditional cloud computing providers, Fluence offers decentralized services at a much lower cost, making it an appealing option for businesses. Compute providers can now submit "capacity commitments," backed by staked FLT tokens, and earn rewards when their resources are utilized for compute jobs. The staking mechanism aims to ensure reliability and quality control on the platform.



Other News from Today