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a year ago
Solana Launches DePIN Compute to Meet AI's Growing Demand for Computing Power
Solana has launched Decentralized Physical Infrastructure Networks (DePIN) Compute, a groundbreaking decentralized system designed to address the surging demand for computing power driven by the rapid expansion of artificial intelligence (AI). Traditional computing systems are struggling to meet this demand, but DePIN offers a novel solution by leveraging underutilized resources, akin to how Airbnb allows homeowners to share their vacant properties. This innovative approach enables users to monetize their idle GPUs, making them available for developers, researchers, and startups in need of computational resources.
The functionality of DePIN Compute is straightforward: users can rent out their unused GPU power, creating a new income stream while optimizing resource utilization. This decentralized model is particularly beneficial for smaller developers and researchers who often find high-performance computing platforms financially prohibitive. By utilizing blockchain technology, DePIN Compute ensures a fast, cost-effective, and scalable method for sharing computing resources, ultimately democratizing access to advanced technology.
The significance of DePIN Compute is underscored by recent investments, notably VanEck's commitment of over $10 million to the project, reflecting strong confidence in its potential. VanEck's prior backing of Solana has already contributed to a positive market response, including the filing for the first SOL-based Exchange Traded Fund (ETF) in the United States. As AI continues to evolve, initiatives like DePIN Compute are set to revolutionize how computing power is accessed and utilized, fostering innovation and enabling a broader range of individuals and organizations to benefit from cutting-edge technology.

a year ago
Zerebro Partners with io.net to Enhance Ethereum Validation with Decentralized GPU Services
In a significant move for the decentralized AI ecosystem, io.net has announced a partnership with Zerebro, a creative autonomous AI agent, to enhance Ethereum Validator operations. This collaboration will enable Zerebro to utilize io.net's scalable and geo-distributed GPU network, thereby boosting its computational power for Ethereum validation. The partnership aligns with io.net's mission to provide affordable and scalable GPU resources to AI startups, ensuring reliability and scalability in their operations. This initiative marks a pivotal step in integrating decentralized compute resources into the burgeoning field of AI and blockchain technology.
Zerebro's Co-Founder, Agustin Cortes, emphasized the importance of this partnership, stating that access to decentralized GPU services will empower users to explore innovative AI applications and complex decentralized applications (DApps). He remarked, "Zerebro is at the forefront of bridging the AI and crypto future," highlighting the commitment to decentralization while fostering innovation. The collaboration is expected to facilitate the development of creative and scalable applications, allowing developers to harness the potential of decentralized compute networks for a variety of on-chain tasks.
As Zerebro continues to develop its open-source framework, Zerepy, the focus on securing the Ethereum blockchain through Validator operations is paramount. The partnership with io.net not only aims to enhance Zerebro's core functionalities but also to create a sustainable future for autonomous AI agents. By leveraging io.net's GPU clusters, Zerebro can sustain operations and explore innovations such as large language models on decentralized networks. This collaboration signifies a promising future for the integration of AI and blockchain, fostering an environment that is both autonomous and decentralized, ultimately revolutionizing the landscape of AI agents in the web3 infrastructure.

a year ago
Empowering Data Privacy in the Web3 Era
In the evolving landscape of the internet, concerns about data privacy are at an all-time high. A recent MAGNA/Ketch survey revealed that only 5% of individuals feel completely secure regarding how companies collect and utilize their personal information. As we transition into Web3, a new paradigm is emerging that empowers users to regain control over their data. By leveraging blockchain technology alongside Privacy-Enhancing Technologies (PETs), Web3 not only enhances data security but also redefines the standards for privacy and transparency in data management.
Decentralization is a key principle that enhances data privacy in Web3. Traditional methods of securing data often involve centralizing it in one location, which can create a single point of failure for malicious actors. In contrast, decentralized systems distribute data across multiple locations, making it significantly harder for attackers to exploit. Blockchain technology plays a crucial role in this transformation by providing a transparent and immutable record of transactions while ensuring that sensitive information remains protected off-chain. This dual approach fosters a more trustworthy environment for users, allowing them to verify data management practices without compromising their privacy.
Web3 technologies also pave the way for innovative solutions that allow users to monetize their data while maintaining control over its usage. By utilizing smart contracts, individuals can establish clear rules regarding who can access their data and under what circumstances. This shift from being mere users to becoming data owners marks a significant change in the digital economy. With tools like iExec's Privacy Pass, users can earn tokens while keeping their personal information confidential. Ultimately, Web3 is not just about enhancing data privacy; it is about empowering individuals to reclaim ownership of their data and benefit from its value in a secure and transparent manner.

a year ago
io.net and Mira Network Partner to Revolutionize AI Verification
In a significant development for the AI landscape, io.net, a leader in decentralized physical infrastructure, has partnered with Mira Network, renowned for its trust-less AI output verification. This collaboration aims to enhance the speed, reliability, and scalability of AI validation by leveraging a decentralized network of GPUs. The partnership seeks to address the prevalent issues of inaccuracy and scalability that have hindered the broader adoption of AI technologies across various industries. By utilizing advanced AI verification techniques, the combined efforts of io.net and Mira aim to reduce error rates significantly, with goals to lower first-pass errors to under 5% and ultimately achieve less than 0.1% error rates in AI validation.
As Mira Network integrates into io.net's expansive decentralized GPU infrastructure, it gains access to a global pool of computational power. This integration not only accelerates the validation process but also enhances operational efficiency, enabling Mira to scale its verification processes to meet the increasing demands of AI applications. Tausif Ahmed, Chief Business Development Officer at io.net, emphasized the importance of this partnership, stating that reliable, consistent, and unbiased insights are crucial for AI to realize its full potential. The collaboration is set to redefine accuracy in AI, showcasing the transformative power of decentralized computing.
Furthermore, the partnership supports Mira's Node Delegator Program, which invites individuals and organizations to contribute their GPU resources for AI verification operations. Participants in this program will be rewarded for their contributions, promoting a decentralized and democratized approach to AI validation. Stone Gettings, head of growth at Mira Network, noted that this integration will accelerate AI adoption, highlighting that reliability and trust are essential for the future of AI. As the demand for dependable and scalable validation systems rises, this collaboration between io.net and Mira Network promises to make a lasting impact on the AI ecosystem.

a year ago
Network3 Achieves New Milestone with Record Payback Period and Secures $5.5 Million in Funding
Network3, a pioneering technology platform, has made significant strides in the realm of AI Layer2 solutions, enabling developers globally to efficiently infer, train, and validate models. Recent analysis by Depinscan, an extensive DePIN intelligence platform powered by IoTex, has revealed that Network3 miners have achieved a remarkable milestone with a payback period of just 71 days. This achievement positions Network3 at the forefront of the industry in terms of both payback period and daily revenue, underscoring its investment potential. A shorter payback period is crucial for investors as it indicates a quicker return on investment, making Network3 an attractive option for those looking to capitalize on emerging technologies.
The success of Network3 can be attributed to its robust infrastructural network, which boasts over 555,000 nodes and has delivered 2 Petabytes of network service across more than 185 countries. This extensive reach has resulted in 97,000 active sessions daily and monthly revenues exceeding $100,000. By supporting the evolution of AI, Network3 empowers developers with tools for model optimization, federated learning, edge computing, and confidential computing. This dual focus on enhancing decentralized node efficiency while providing essential services for AI development positions Network3 as a leader in both technology and market viability.
In addition to its technological advancements, Network3 has successfully secured $5.5 million in seed funding from prominent investors, including Borderless, EV3 Labs, and the IoTeX Eco Fund. With a growing community of over 252,000 followers on X, the platform is set to gain even more traction. As it continues to demonstrate its value in making AI more beneficial and efficient, Network3 is poised for rapid growth and increased investor interest in the future.

a year ago
Decentralized Cloud Solutions: The Future of AI Computing
The artificial intelligence (AI) sector is experiencing rapid growth, yet many companies still rely on centralized services like Amazon Web Services (AWS) for their cloud computing needs. This reliance can lead to high costs and potential outages. Wes Levitt, head of strategy at Theta Labs, argues that decentralized cloud computing offers a solution to these challenges. In a recent episode of The Agenda podcast, Levitt discussed how decentralization not only reduces costs but also enhances reliability and flexibility for users. He emphasized that by moving away from a few centralized points of failure, Theta Labs aims to democratize access to computing power, particularly in the AI and academic sectors.
Theta Labs is the driving force behind the Theta Network, which positions itself as a decentralized cloud solution for AI, media, and entertainment. Levitt noted that while the company initially focused on media, it has seen a significant increase in AI-related clients, especially from academic institutions. He highlighted partnerships with top Korean universities and the University of Oregon, explaining that decentralized cloud services provide a cost-effective alternative for organizations that cannot afford AWS. This flexibility is crucial for academic institutions, which often need to scale their computing resources rapidly for research projects before conferences and then scale back down afterward.
The decentralized AI niche has seen remarkable growth, with the market capitalization of AI and big data crypto projects skyrocketing from $16.17 billion in December 2023 to over $70 billion by December 2024. Despite this surge, Levitt clarified that the goal of Theta Network is not to eliminate AWS or other centralized cloud providers. He acknowledged that there will always be use cases for centralization, particularly for specific applications requiring focused resources. However, he remains optimistic about the potential for decentralized AI to compete with centralized solutions in the future, suggesting that as demand for decentralized services grows, they could become equally significant in the tech landscape.

a year ago
Empowering Data Ownership in Web3 with iExec
In the evolving landscape of Web3, data ownership has emerged as a critical concern for developers and users alike. As decentralized applications (dApps) gain traction, questions surrounding who can access user data, how it is utilized, and whether users can reclaim control after sharing become paramount. The promise of Web3 is to empower users with control over their personal information, necessitating a shift in how developers approach data security and governance. iExec offers a suite of solutions designed to address these challenges, ensuring that users retain full control over their data even after it has been shared.
Developers face several key challenges regarding data ownership, including security, control, and trust. Users often hesitate to engage with dApps due to concerns about unauthorized access to their data. iExec's tools, such as DataProtector, provide robust encryption for both data storage and sharing, allowing users to encrypt files before sharing them on decentralized platforms. Additionally, iExec's on-chain data tokenization system enables users to transform their information into digital assets, granting them the ability to grant or revoke access as needed. This ensures that users can share sensitive information, like medical records, while maintaining control over who can access it and for how long.
Moreover, iExec's privacy-enhancing tools, such as Privacy Pass, empower Web3 users to monetize their personal data without sacrificing ownership or privacy. By allowing users to participate in targeted marketing campaigns while keeping their personal information confidential, iExec facilitates a secure environment for data monetization. The combination of blockchain technology and Trusted Execution Environments (TEEs) ensures that sensitive data remains protected during processing, allowing third-party applications to interact with encrypted datasets without ever accessing raw information. As developers navigate the complexities of data ownership in Web3, iExec provides the necessary tools to build trust and empower users in the decentralized ecosystem.

a year ago
io.net and Mira Network Partner to Enhance Trustless AI Verification
In a significant development within the blockchain and AI sectors, io.net and Mira Network have announced a strategic partnership aimed at enhancing trustless AI verification. This collaboration combines io.net's decentralized GPU computing capabilities with Mira Network's advanced consensus techniques to address the ongoing challenges of accuracy, reliability, and scalability in AI outputs. The integration of these technologies is expected to deliver faster, more accurate, and cost-efficient validation of AI-generated data, ultimately improving operational efficiency and reducing latency for Mira Network's services.
At the core of this partnership is Mira Network's consensus-driven AI verification system, which significantly lowers error rates. By utilizing io.net's extensive decentralized GPU network, Mira will have access to a vast pool of cost-effective computing power, facilitating quicker and more reliable AI output validation. This collaboration also supports Mira's Node Delegator Program, which encourages contributors to delegate GPU resources and participate in AI verification operations, thereby democratizing access to AI technology and enabling participants to earn rewards.
As the demand for reliable AI solutions grows, the partnership between io.net and Mira Network is poised to set new standards in AI verification accuracy. Current research indicates that advanced AI reasoning can have error rates as high as 30%, but through their consensus approach, Mira aims to reduce these errors to below 5%, with a long-term goal of achieving less than 0.1%. This ambitious target, supported by io.net's global GPU infrastructure, will allow Mira Network to scale its verification processes effectively while maintaining high performance and low latency, ensuring that it meets the needs of its expanding client base in the evolving AI landscape.

a year ago
Matchain Partners with io.net to Enhance Decentralized AI Infrastructure
Matchain, a decentralized AI identity blockchain, has announced a strategic partnership with io.net, a leader in decentralized computing networks. This collaboration aims to enhance the infrastructure available to developers within the Matchain ecosystem by providing low-cost, scalable GPU-powered AI tools. As Matchain's official compute partner, io.net will deliver decentralized GPU infrastructure that enables a wide range of AI applications. This partnership is expected to simplify infrastructure management for developers and address the increasing computational demands of Web3 technologies, particularly in the realm of artificial intelligence.
The partnership promises to provide Matchain developers with cost-effective and scalable GPU resources, essential for the intensive workloads involved in training, deploying, and scaling AI models. Compared to traditional cloud computing services, the resources offered through this collaboration will significantly reduce costs for developers, making high-performance computing more accessible for decentralized projects. This enhancement will broaden the scope of Matchain's ecosystem, allowing developers to create decentralized applications (dApps) with innovative approaches to identity and data management, leveraging the AI-optimized capabilities of Matchain and io.net's GPU-oriented infrastructure.
Jessie Xiao, the chief commercial officer at Matchain, emphasized the importance of this partnership in facilitating the development of decentralized AI applications. He stated that teaming up with io.net has amplified their ability to provide developers with affordable, high-performance infrastructure for next-generation applications. Additionally, this collaboration aligns with Matchain's broader goal of utilizing blockchain technology for AI research. By integrating io.net's decentralized compute services, Matchain users will benefit from on-demand resources, faster payments via the Solana blockchain, and tailored support for AI model training and deployment. This partnership marks a significant advancement in decentralized AI innovation, empowering developers to build secure, scalable, and cost-efficient applications on the Matchain platform.

a year ago
Aethir, Beam Foundation, and MetaStreet Launch $40 Million Tactical Compute Initiative
Aethir, Beam Foundation, and MetaStreet have joined forces to unveil Tactical Compute, a significant $40 million initiative aimed at addressing the surging demand for computing power in both artificial intelligence and blockchain sectors. This collaboration harnesses Aethir's decentralized GPU network, Beam's investment strategies, and MetaStreet's decentralized finance (DeFi) infrastructure to create new avenues for monetizing compute resources. Tactical Compute will function under Tactical Compute Holding Limited, focusing on various compute-related opportunities such as hardware financing, private yield arbitrage, and network bootstrapping, as outlined in a recent Beam Medium post.
The initiative is designed to tackle the increasing demand for computing resources while seamlessly integrating crypto-based innovations. Tactical Compute aims to identify profitable opportunities within the compute market, including a unique approach to “farming” Aethir tokens. This process resembles earning credits for utilizing Aethir's GPUs, similar to how Microsoft offers Azure credits for its cloud services. By leveraging these strategies, Tactical Compute seeks to balance the supply and demand dynamics in the computing landscape, ultimately benefiting both the AI and blockchain communities.
The Beam Foundation is committing $5 million to this venture, supported by prominent backers like the Sophon Foundation. Daniel Wang, CEO of Aethir, expressed that this partnership is set to unlock new opportunities in the monetization of compute resources and foster innovation in scalable AI and decentralized technologies. Meanwhile, MetaStreet, through its development arm Permian Labs, is contributing its expertise in DeFi tools to finance GPU-powered nodes. Co-founder David Choi emphasized that Tactical Compute builds on their existing foundation, addressing the escalating demand for compute infrastructure and catalyzing innovation at the intersection of cryptocurrency, AI, and infrastructure.
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