Artificial intelligence is developed every day. Apps that generate texts, images and videos are gaining more and more space and revealing some challenges. One of them is the need for computers with high processing capacity, solved by io.net.
This decentralized PC sharing system uses the Solana blockchain and is considered the largest in the world in this segment. With it, software developers and other AI applications can use a powerful network at a low cost.
Use of AI and higher spending on GPUs
Artificial intelligence needs powerful computers to perform tasks such as writing, translating, creating images and videos. As these machines are expensive, it is worth using several of them, which are idle, on a network.
Everyone benefits from this: whoever rents the GPUs receives an amount in cryptocurrencies. Those who use io.net pay a lower fee for the service. This is possible due to the large number of computers connected to the network, which allows for more optimized use of resources.
This Decentralized Physical Infrastructure Network (DePIN), a decentralized physical infrastructure network, works with Nvidia RTX and AMD Ryzen GPUs, for the graphics part. The processing part includes CPUs with Intel, AMD and Apple M2 chips.
How io.net works
io.net works in six categories:
Cloud: is the part of the cloud, which brings together the GPUs in a network;
Worker: is the interface that communicates with those who want to share processing capacity with the network and those who need this resource;
Explorer: provides information on how the network works. Works as a blockchain scanner, providing metrics, statistics and rewards per transaction;
ID: brings personal data. It works like an account with the amounts deposited and the steps to withdraw them;
Coin: is the IO token, native to the system, with which negotiations take place;
IOG (GPU internet): it is the network with the nodes that connect and have the machines for the work.
Requirements to participate in the ecosystem
Contrary to what many people imagine, to participate in this Web3 network, it is not necessary to have supercomputers. According to the official website, the minimum requirements are:
computer with more than 12 GB of RAM and more than 500 GB of free disk space;
internet connection that allows downloads at 500 Mbps; uploads at 250 Mbps and ping (data collection time) less than 30 milliseconds.
For those who are going to hire the service at Web3, the minimum time is one hour. It's worth visiting the project's official page to find out which GPUs are supported by io.net.
Once the service is contracted, it can be used for as long as the user wants. It is possible to create clusters of GPUs with certain characteristics, such as those that run on green energy, by geographic region, among others.
IO Token
The IO token is paid to those who provide GPUs for use, called suppliers. Renters use the currency to pay for suppliers' services. Everything is done on the platform itself. In addition to the token, the service accepts payments in other cryptocurrencies supported by the network.
It is possible to stake with IO, receiving rewards for leaving the cryptocurrency on the network. The total supply is 800 million tokens, of which 500 million are already in circulation.
Learn more about cryptocurrencies
io.net introduces decentralized cloud computing on Solana, which connects those who need data processing with those who have idle computers. Learn more about IO and other cryptocurrencies on the NovaDAX website.
