How does Debine work?
DePin operates at the intersection of Blockchain technology and physical infrastructure in the real world-and here are how it works in practice.
The provider runs one of the physical assets, while the intermediate program deals with the interaction between this original and Blockchain. This program collects data in the actual time about the activity of each device or supplier and transfers it to the decentralized network.
Blockchain protocol works like an independent coordinator, distributing the request through service providers and reckoning rewards based on the distinctive symbol based on its performance and contribution.
This structure stimulates service providers to achieve the maximum benefit from their unused or unused resources – converting inactivity to fruitful infrastructure.
DePin projects are generally divided into two broad categories:
- PRNS networks (PRNS) -This depends heavily on the location of the geographical location and provides non -transmission resources linked to a specific place. Their services are usually translated and often related to mobile phone technologies or power systems.
- Digital Resources Networks (DRNS) -This provides computing space or storage space, and its resources are the insecure site and exchange.
DePin is already reshaping the various industries, with noticeable use cases via:
- Wireless contact (helium)
- Storage of decentralized cloud (arweave)
- Arcreen Networks (Arcreen)
- DIMO data solutions (DIMO)
- Decentralization Computing (nunet)
- HIVEMAPPER
- Healthblocks systems
Next, let’s take a closer look at some of the most prominent DePin projects and success in space.
Felicoin
Felicoin It is the decentralized data storage system based on the files between the planets (IPFS). It was launched as one of the first realistic applications of the DePin concept, the idea behind Filecoin returns to 2014.
The system allows users to store their data via a distributed network by pushing the network miners to the available storage space. But there is an evolution – a dynamic pricing and constantly turns, as miners compete to provide the lowest rates. The more the area of miners contributes, the greater its potential reward in the original cryptocurrency of the network, Fil.
This competitive model not only pays storage costs for users, but also stimulates miners to increase their available ability to the maximum.
As of March 8, 2024, it was an elephant commerce In $ 10.09.
Helium
Helium It is a decentralized wireless network designed to provide low-cost internet access-often more affordable than traditional service providers in countries such as the United States or Canada.
The data is transmitted through the hot points that are operated by the user that uses Helium Longfi technology. Miners who keep this network contract get HNT symbols, while subscribers receive portable symbols, which can be used to renew their data plans.
As of the time of writing this report, the helium network is proud more 984,900 hot points are active in more than 170 countries, with the highest concentration It was found in the United States and parts of Europe.
Make
Make It is a decentralized display platform linking creators with unused GPU power. Service providers offer their graphics processing units (GPU) to support the creation of visual content – from animation to complex 3D scenes – and are rewarded in symbols for their contributions.
