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Home » Aethir introduces decentralized cloud network on Ethereum mainnet
Aethir introduces decentralized cloud network on Ethereum mainnet
Aethir introduces decentralized cloud network on Ethereum mainnet

Aethir introduces decentralized cloud network on Ethereum mainnet

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By admin on 2024-06-12 Blockchain

Aethir, a provider of decentralized physical infrastructure network (DePIN), has officially launched its decentralized cloud compute network on the Ethereum mainnet. This groundbreaking network allows enterprises, data centers, other cloud providers, and cryptocurrency mining operators to contribute their unused GPU resources to Aethir’s GPU-as-a-service solutions network.

Co-founder Mark Rydon highlighted the significance of the mainnet launch, stating that enterprises and developers will now have the opportunity to rent compute resources from Aethir’s network of providers. This will assist in training artificial intelligence (AI) models and rendering digital content on a large scale.

Utilizing the native ATH token, Aethir leverages Ethereum for staking capabilities and Arbitrum (ARB) for fast payments to compute providers. Additionally, community rewards are given to checker nodes to ensure quality assurance within the network. The ATH token also plays a crucial role in network governance, staking processes, and maintaining the security of DePIN’s ecosystem.

Rydon discussed the encryption measures put in place to safeguard data transmission security, emphasizing the importance of protecting user data. Aethir’s successful testnet phase saw over 500,000 users participating, with a node sale raising $146 million and receiving support from industry giants like NVIDIA, Super Micro, HPE, and Foxconn.

When addressing data security and privacy concerns, Rydon reassured users that Aethir has robust measures in place to protect sensitive information. The DePIN concept continues to gain traction in the Web3 space, with Rydon expressing optimism about its potential to disrupt Big Tech and empower individuals to contribute their labor or resources in exchange for micropayments.

In the realm of Web3 gaming, SocialFi is boosting game revenue, while the creator of Axie Infinity is considering moving away from Discord in favor of Web3 technology.

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