Aethir Launches Decentralized Cloud Computing Network on Ethereum Mainnet, Promises High-End Security
Summary:
Aethir, a Decentralized Physical Infrastructure Network (DePIN) provider, has launched its decentralized cloud computing network on the Ethereum mainnet. The platform adds idle GPU resources from various entities to Aethir's GPU-as-a-service network, fostering advancements in AI, Machine-Learning, and cloud gaming. Aethir uses Ethereum and Arbitrum for staking and fast payments. The testnet phase saw over 500,000 users, and the platform ensures high data security and privacy. The distributed computational power of DePIN's could disrupt Big Tech's dominance over the internet.
Aethir, a provider of Decentralized Physical Infrastructure Network (DePIN), has launched its decentralized cloud computing service on the Ethereum mainnet. This service enables enterprises, data centers, other cloud services, and cryptocurrency miners to avail their surplus GPU resources for Aethir's GPU-as-a-service scheme. Commenting on the launch, Aethir co-founder Mark Rydon said it provides a scalable structure for redistributing excess computer power, fostering advancements in AI, Machine-Learning, and cloud gaming arenas. This structure also allows top-tier firms to be a part of the Aethir network, increasing the availability of GPUs.
The Aethir network functionality and encryption provide a platform for businesses and developers to rent computational resources at a large scale, assisting in training AI models or rendering digital content. Using the native ATH token, Aethir carries out its staking capability and fast payments on Ethereum and Arbitrum (ARB) for compute providers and community rewards respectively. Aethir's ATH also ensures network governance, staking operations, and overall security of the DePIN's ecosystem. Mark Rydon elaborated on the encryption measures deployed during data transfer: only users are allowed to send and receive data during usage, with the channel being shut off after usage to guard user data.
During its testnet phase, Aethir successfully garnered over 500,000 users along with a $146 million node sale and patronage from companies like NVIDIA, Super Micro, HPE, and Foxconn. Discussing Aethir’s approach to data security and privacy, Rydon stated that special hardware firewalls were put into place to control network access and defend against DDoS attacks. Data security is ensured while customers retain the ownership and usage rights of the data. The security is extended to internal visitors as well.
The narrative around DePIN continues to circulate within the Web3 space despite it being available for the last several years. Rydon mentioned that DePIN's architecture has a robust and fault-tolerant base, with distributed computational power solving the issue of service nodes being overtly concentrated, leading to inadequate single-point service capability and a low fault tolerance rate. DePINs have the potential to disrupt Big Tech's stranglehold over the internet by empowering individuals to offer their own resources and labor and reap rewards in the form of micropayments.
Published At
6/12/2024 4:03:35 PM
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