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

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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