DePIN
/depin1167
Decentralized Physical Infrastructure Networks
Comment if you wanna be added as member
Pieces are starting to fall into place!
AgroShield, developed by Ensuro, Azzegura, and WeatherXM, is a blockchain-based agricultural protection system that helps Colombian farmers manage weather risks. Using smart contracts and real-time weather data, it provides automatic compensation for drought and excess rainfall, making coverage accessible and affordable for essential crops.
https://blog.ensuro.co/agroshield-protecting-colombian-farmers-through-blockchain-innovation-1817bd77a25b
AgroShield, developed by Ensuro, Azzegura, and WeatherXM, is a blockchain-based agricultural protection system that helps Colombian farmers manage weather risks. Using smart contracts and real-time weather data, it provides automatic compensation for drought and excess rainfall, making coverage accessible and affordable for essential crops.
https://blog.ensuro.co/agroshield-protecting-colombian-farmers-through-blockchain-innovation-1817bd77a25b
Maybe I should reconsider my expectation that DePIN needs to achieve some form of consensus.
But without consensus, we create a need to trust participants in the network, or a coordinator of some sort, which isn't what DePIN is about.
It's would be entirely impractical to expect DePIN devs to not use any off-chain components when designing these network applications. But then for DePINs to truly become trustless and permissionless, they would have to learn a lot from the design of L2.
Perhaps that is the endgame of every DePIN, a permissionless off-chain app-specific network, settling token incentives back to it's host blockchain. In other words, an L2.
https://polynya.mirror.xyz/B6sXybxh21xliL4XDxvX1X86UE4NmkTvcCHexxEa4PU
But without consensus, we create a need to trust participants in the network, or a coordinator of some sort, which isn't what DePIN is about.
It's would be entirely impractical to expect DePIN devs to not use any off-chain components when designing these network applications. But then for DePINs to truly become trustless and permissionless, they would have to learn a lot from the design of L2.
Perhaps that is the endgame of every DePIN, a permissionless off-chain app-specific network, settling token incentives back to it's host blockchain. In other words, an L2.
https://polynya.mirror.xyz/B6sXybxh21xliL4XDxvX1X86UE4NmkTvcCHexxEa4PU
I came across this paper in 2021 or there about, and it had an outsized influence in my thought process leading up to the formation of the M3tering Protocol 2 years later.
I may not agree with everything it says today. But I 100% would always agree that energy should be consumed in the form and location of it's production (or as closely as possible). Our energy infra would be much resilient, decentralized, efficient and environmentally friendly in this path, and that's the path we can take with DePIN for energy.
I may not agree with everything it says today. But I 100% would always agree that energy should be consumed in the form and location of it's production (or as closely as possible). Our energy infra would be much resilient, decentralized, efficient and environmentally friendly in this path, and that's the path we can take with DePIN for energy.
one year ago I talked about nosh being v impressive
today they blew my mind again, big vision
nosh is v impressive
watch the yt talk in the next cast
today they blew my mind again, big vision
nosh is v impressive
watch the yt talk in the next cast
started a groupchat for /dimo vehicle id holders
if you own one you should be able to join
https://warpcast.com/~/group/jVp_-5VlQvehPRYjILHdxA
if you own one you should be able to join
https://warpcast.com/~/group/jVp_-5VlQvehPRYjILHdxA
The M3tering protocol indeed fits some characteristics of a Decentralized Physical Infrastructure Network (DePIN), such as decentralization and physical infrastructure. But it raises some questions when it comes to whether it operates as a true "network" in the same sense as other DePIN projects such as /arweave, /weatherxm or /foam.
Unlike DeFi, a significant portion of DePIN activity can happen offchain ...and unless the DePIN has implemented and is reaching some forms of consensus, I would argue that DePINs need DA (data availability) as much as L2s
🤔 We currently use /arweave for this in the M3tering Protocol, a permanent log of all activity in the protocol, but for must projects (including M3tering), I think a @celestia or EigenDA might suffice.
🤔 We currently use /arweave for this in the M3tering Protocol, a permanent log of all activity in the protocol, but for must projects (including M3tering), I think a @celestia or EigenDA might suffice.
If you want to cast in this channel & can’t dc me
Got GPU? Join the decentralised compute revolution on @lilypad-tech
https://info.lilypad.tech/leaderboard
https://info.lilypad.tech/leaderboard
Join us this week for the first in a series of chats around how the @lilypad-tech GPU DePin is changing the way we rethink compute resource availability.
https://twitter.com/GenzioCo/status/1838466018907173312
https://twitter.com/GenzioCo/status/1838466018907173312
Very excited about what David Vorick and the Glow team are doing to incentivize solar development. He gave a great talk on Glow's incentive structure and how it fits in the existing solar industry:
https://www.youtube.com/watch?v=1OxItnQurLM
https://www.youtube.com/watch?v=1OxItnQurLM
Super excited to be hosting the first @lilypad-tech pondside chat in a few hours with Hackathon extraordinaire DapperDan.
Register now to hop on in and bring your questions live to the pondside chat.
https://lu.ma/jr1rcgxn
Register now to hop on in and bring your questions live to the pondside chat.
https://lu.ma/jr1rcgxn
You might find this interesting 👀
The DePIN narrative is surprisingly holding up strong
https://www.coindesk.com/opinion/2024/08/26/accelerating-innovation-in-the-depin-sector/
The DePIN narrative is surprisingly holding up strong
https://www.coindesk.com/opinion/2024/08/26/accelerating-innovation-in-the-depin-sector/
I dont't see a lot of people here talking about Wicrypt 👀
...are there no Wicrypt users on farcaster? 🤔
...are there no Wicrypt users on farcaster? 🤔
New UPS for our server will guarantee 30 minutes up time in case of an outage. This is more than enough time to safely turn off the servers safely to avoid corruption. One more step in the right direction for our home data center.
DePIN is an inevitable global movement
1/5 🧵 Why isn't the Internet Computer the go-to blockchain for telcos? I've got some thoughts...