Solana-based Pipe Network launches rewards for its decentralized internet
Solana-based Pipe Community is rewarding customers who provide bandwidth for testing its decentralized content material supply system.
On Could 1, on the Token2049 convention in Dubai, Pipe Community introduced incentives for node operators who contribute computing energy. This infrastructure might be used to energy its decentralized content material supply community constructed on Solana.
Dubbed PipeQuest, the rewards program will help engagement with the Pipe Community testnet. It’s going to incentivize node operators, neighborhood participation, and community demand forward of its mainnet launch, scheduled for summer time 2025.
Pipe Community desires to construct the web on Solana
The last word objective of the initiative is to construct a scalable ecosystem the place customers can share knowledge, stream content material, and do all the things they presently do on-line, however utilizing decentralized infrastructure, with out counting on the costly knowledge facilities run by massive tech companies.
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One of many predominant benefits of the Pipe Community is that it allows nearly any gadget to be became a Level of Presence node. Which means house owners of non-public computer systems, laptops, and even cell gadgets can use idle computing energy to earn rewards and energy the community.
Moreover, the proximity of those smaller nodes to finish customers can cut back latency. In principle, this implies sooner ping occasions and faster content material loading for customers. David Rhodus, founding father of Permissionless Labs, the corporate behind Pipe Community, defined its advantages in the course of the Token2049 occasion:
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“We’re excited to make our testnet obtainable to the broader Solana neighborhood to show how a decentralized CDN can improve bandwidth and cut back latency past what has been attainable with off-chain options,” David Rhodus, Permissionless Labs.
To date, the community boasts over 200,000 PoP nodes, or particular person gadgets onboarded. These gadgets have been used to add greater than 200,000 recordsdata and retailer a cumulative 250 Terabytes of information.
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