DePIN: The New Era of Decentralized Infrastructure
Tuesday, July 23, 2024 10:30 AM
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![DePIN: The New Era of Decentralized Infrastructure cover](https://cdn.depinscan.io/posts/cover/993612.png)
The emergence of Web3 is revolutionizing the access to computing power and storage, altering the internet’s foundational connectivity. DePIN, shorthand for ‘Decentralized Physical Infrastructure Networks’, is a novel approach to managing infrastructure through blockchain, enhancing transparency, security, and efficiency. DePIN contrasts traditional centralized systems by distributing control across a network, addressing issues like inefficiencies, high costs, and censorship. Among the companies leading this decentralized evolution are HyperCycle, which is developing a secure network for AI models, and Space and Time, creating a decentralized compute layer for verifiable web applications.
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