| The model that makes sense to me is what DYDX is doing with their decentralized platform. They use the blockchain to settle and track finalized transactions and offload computations to the validator nodes (which are effectively servers dedicated towards supporting the security of the chain). Regardless of how it is implemented, I don’t see the computations happening on chain. It makes the most sense to use the blockchain to buy and sell an open network of machines. Akash Network are doing similar. OTOY RenderCoin are another. Flux are doing “proof of useful work” aka “the work does something valuable other than solving crypto puzzles.” I think about this a lot because I was at NVIDIA : Intel : Arm looking at ecosystem and how web3 would impact silicon markets. I have a podcast about this here: https://www.linkedin.com/feed/update/urn:li:share:6932815281... And an article here:
https://www.linkedin.com/pulse/machine-economy-coming-rex-st... And a sub stack about it here:
https://rexstjohn.substack.com/p/signal-versus-noise And I track all these so-called “MachineFi” projects here:
https://twitter.com/rexstjohn/status/1536565016320540673?s=2... |