Decentralized Physical Infrastructure Networks, or DePINs, are blockchain-based data management systems that are alternatives to the existing architecture. Despite their differences, they still provide comparable results for essential services like computing power and real-world information. This is possible because DePIN networks use incentivization, in the form of cryptocurrency compensation, to enable crowd-sourced infrastructure that is as, or more effective, than their legacy counterparts.
- Sat, 21 December 2024