DePIN
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Revision as of 05:20, 25 March 2024 by Grand Master Pepe (talk | contribs)
Basics
DePIN stands for Decentralized Physical Infrastructure Networks, which is a new way to build and maintain infrastructure in the physical world.
"Simply put, it involves using blockchain to run and maintain decentralized networks of physical hardware, such as sensors, wireless infrastructure, energy grids, and other applications. DePIN uses cryptocurrency rewards to incentivize participation in physical infrastructure networks, enabling them to be built from the “ground up” rather than the top down."
Examples
Arweave; decentralized file storage service
Filecoin; decentralized storage network
Helium; WIFI mesh network
Hivemapper; decentralized mapping service
POKT Network; decentralized RPC network
