DePIN: Decentralizing Physical Infrastructure Through Blockchain
DePIN: Decentralizing Physical Infrastructure Through Blockchain
🤖 Physical World Goes Crypto
DePIN (Decentralized Physical Infrastructure Networks) represents a new paradigm where physical systems are decentralized using blockchain technology.
Key features:
- Users contribute resources (routers, storage, dashcams) and earn tokens
- No central headquarters - governed by code and incentives
- Token-based economies bootstrap supply before demand
Notable examples:
- Helium: Community Wi-Fi networks
- Render: Decentralized GPU computing for AI
- Hivemapper: Crowdsourced mapping platform
- DIMO: Vehicle data monetization
- Filecoin/Arweave: Decentralized storage
Benefits include reduced costs, enhanced security, and increased innovation. However, challenges remain around scalability, regulation, and adoption.
Learn more: DePIN Guide
You’ve heard of DeFi. You’ve heard of DAOs. But what about DePIN — where real-world systems get decentralized? Decentralized Wi-Fi, GPUs, car data… all powered by tokens. Here’s why it’s worth watching 🧵
1inch Expands to Solana Ecosystem with Multiple Integration Announcements
1inch, a leading DeFi protocol, has launched on the Solana blockchain with several key developments: - Full API support now available for developers via the 1inch Developer Portal - Seamless on-chain token swaps enabled for Solana users - Native cross-chain swaps for Solana tokens coming soon - Integration features include MEV protection and zero gas fees The expansion aims to unify DeFi liquidity across chains while leveraging Solana's high speed and low costs. Developers can access 6 different APIs through [1inch Developer Portal](http://1inch.dev) to build Web3 applications. Recent partnerships include Trezor hardware wallets and Okto wallet integrations, both now offering 1inch Swap functionality.
1inch Hiring Senior Blockchain Engineer in Dubai
1inch Network is seeking a Senior Blockchain Engineer to join their Dubai office. The role requires: - 5+ years experience with Solidity, Rust, or Go - Strong knowledge of EVM and Layer 2 solutions - Focus on building production-ready smart contracts The position is part of multiple openings at 1inch, including roles in: - Product Management - Frontend Engineering - Quality Assurance - Product Design - Compliance (MLRO) Most positions offer flexible remote work options and competitive benefits. Dubai-based roles include office space with Burj Khalifa views. [Apply for Senior Blockchain Engineer](https://jobs.lever.co/1inch/b43b5dfa-95ff-4a30-9a42-6fb7860ff0ec) [View all openings](https://cleverstaff.net/i/1inch-vacancies)
Solana Foundation President Lily Liu Featured in Dubai Announcement and Upcoming Podcast
Lily Liu, President of the Solana Foundation, recently visited Dubai for a key Solana announcement. She will be featured in an upcoming podcast alongside notable guests: - 1inch co-founder Sergej Kunz (@deacix) - Alexandra Fetisova (@daosasha) This follows her recent appearance at Consensus Hong Kong in February, where she discussed Solana's role in PayFi and the future of finance. *Previous engagement:* - February 17th speaker at Consensus Hong Kong - Focus on Solana and PayFi developments - [Event registration](https://lu.ma/10xsqb5z)
Simplified Asset Swapping Update
A new update has streamlined the process for exchanging certain digital assets that often go unmentioned. The platform now offers: - Enhanced swap functionality - Simplified user interface - Faster transaction processing This builds on January's basic swap feature introduction, marking continued improvements in exchange capabilities. The update focuses on reducing friction points and improving overall user experience. *Note: Specific assets remain undisclosed for compliance reasons.* Want to try the new swap feature? Visit our [trading platform](https://example.com/swap) to experience the improvements.