Decentralized physical infrastructure networks (DePins) Based on a strong set of principles: resistance to central data silos, avoid individual points from failure, decentralization of critical infrastructure ownership, and creating a resource -sharing economy rewards all participants.
These principles are the basis for promising DEPIN projects such as Drife, Helium Network, Filecoin, HIVEMAPPER, Theet Network, ICP, Akash and Render. In this interview with Olayimika Oyebanji, Markus Levin, co-founder of XYO-set the risk of relying on central entities or systems, highlights the need for a safe, special and transparent method to share, verify and store site data.
Marcus argues that the dominance of companies such as Google and Amazon led to very firm data silos – and that the typical transformation is not only needed, but indeed. Read!
Marcus, thanks for the appearance. Can you tell us briefly about yourself and your way to Web3?
Thanks for hosting me! I spent more than 15 years building and expanding companies, especially in data -based industries. I entered WEB3 in 2013 – when I started Bitcoin Mining – because it was clear to me that decentralized systems would transform new economic models and events – especially in how we used and trust us and set income from data.
How do you see DEPINS reshaping industries that rely heavily on central data?
DePins converts the ownership of infrastructure from major companies to users, allowing them to take their own data. This mainly changes the economic scene to be more equal – Beddi, those who also contribute to interest. For sectors such as transportation, cloud storage, or mapping, this can lead to significant costs and enhanced flexibility.
What are the biggest risks that central data silos for industries such as the supply chain or the Internet of Things, especially when it comes to the accuracy of the site and safety data?
When a single central entity controls the basic infrastructure, it creates bottlenecks and weaknesses. If a central site service is at risk or a non -connection mode, it can paralyze supply chains completely or make Internet of Things systems unreliable. This type of risk is both processes and financial.
What challenges do you see in convincing companies to stay away from central data silos when they are often more convenient despite weaknesses?
The biggest obstacles are cost and habit. Central platforms may provide short -term comfort, but decentralization provides long -term stability and better alignment of incentives. The real challenge is to help companies look beyond their quarterly budgets to know the structural efficiency that decentralization can bring.
I believe a firm belief that decentralized systems should not require fully repair of the current infrastructure. XYO is designed to integrate with both Web2 and Web3 environments, and we aim to make Blockchain concessions available, allowing companies to gradually adopt irregular infrastructure without sacrificing immediate ability. Alternative to economic incentives with data integration, makes practical and attractive transformation financially.
What is the extent of the central sites systems to one failure points, such as breakthroughs or interruptions, and what can the repercussions of companies or consumers appear?
It is very weak. For example, GPS interruption can be disrupted – even if it is short – logistical services, mobility, or even financial services that depend on the accuracy of time. The financial cost of failure increases significantly with size, and everyone is affected. Decentralized models that distribute confidence across thousands of independent nodes mean that there is no single failure point.
This allows verification of each part of the site’s data through the proofs of encryption and reference across the network, which makes it actually impossible to be a conversation, manipulation or loss.
What inspired the creation of Xyo?
Originally, we have noticed that the site’s data has a high rate of deception problems. It was very easy for companies to lose the original data tracking amid unreliable and unreliable data points. We created Xyo to bring the encryption guide to the mixture, making the site data verified.
Today, Xyo can check any type of real data. Our network is designed to secure and verify information through a variety of applications, not only those related to geography. We have more than eight million nodes around the world and anyone can join the network with a smartphone. We grow and cooperate with many major partners to benefit from and share this data.
How does the Oracle of the decentralization of XYO include the accuracy and security of spatial geographical data compared to traditional central systems?
Our network is supported by an independent contract, verifying the site’s data through consensus rather than blind confidence. With this infrastructure, XYO eliminates dependence on one source of data, making it more difficult to simulate blood or system treatment. Our contract operates independently, and the ecosystem is designed to encourage sincere participation.
With the addition of encryption, this means that it is much easier to highlight the contradictions and the location of the wrong data. The multi -layer verification process adds a level of repetition and flexibility that the central systems cannot match.
This also means that the data is constantly validated, which is crucial for applications where accuracy and integrity are not negotiable-such as independent systems or financial services. This is also a changing games for artificial intelligence systems, which often struggle with inaccuracy and need better data to provide more reliable results.
What are the biggest technical obstacles that Xyo faced in expanding the Blockchain -based site?
The main challenges were expansion, cost efficiency, and inter -operational capacity. We needed to create systems that could operate on the edge, manage large quantities of data, and are still light enough for devices in the real world. This specific issue is what made us start development on Xyo Layer One, our Blockchain layer.
Through our L1 Blockchain, we use new techniques to make the same series lightweight with its growth. The size of the size today increases in size when designed, and the series can slowly slow down over time. We are improved for highly cost -cost, low -cost transactions without compromise on decentralization. It is designed to deal with data in the actual time widely-something that is not equipped with most Blockchains for general purposes. This basis will enable it to adapt to the needs of applications in the real world with its development.
Can you take us via the Xyo incentive system as the DePin project?
The easiest way for people to participate in the XYO incentive system is through our mobile app, Coin. It is free, and it allows anyone to participate in the network by verifying the health and collecting real world data. On the other hand, they earn a “currency”, which can be recovered for our symbols and other privileges – although more than 95 % of the recovery is intended for our symbol. The presence of a mobile app with a Blockchain abstraction to grow to millions of participants and build one of the largest decentralized data collections in this industry. Most people who join us are not good knowledge of encryption, and for some, this is the first time that they interact with Blockchain.
Looking at the future, we are offering a new binary system for the upcoming Mainnet launch of Xyo Layer One Blockchain. The new symbol, XL1, is designed to ensure the health of the long -term network and the expansion capacity. In this binary system, XYO will be used to give up the network and other features outside the Xyo One Blockchain layer, while the second symbol, XL1 will deal with the internal Blockchain operations such as gas fees and the implementation of the smart nodes.
Can you share your experience as the Depin and the co -founder of XYO?
It was a journey completely, full of technical challenges and organizational obstacles, but we have taken great steps. DePin is still new in Blockchain, but with the increasing excitement and power behind new DePin projects every day, the advantages of fragile central systems are clear.
Any final ideas?
The decentralized infrastructure represents a major transformation in terms of technology and economy. The next ten years will be defined by the systems that stimulate participation instead of negative use. In Xyo, we are committed to building an infrastructure that stands for time test – a strong, economically applicable and developmental.
We are not interested in chasing directions; We focus on addressing real problems in how to verify, share and evaluate data. This technology may be complicated, but our mission is clear: finding new ways to address long -term problems, through safe and transparent systems based on data.
