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Messari
Messari@MessariCrypto·
1/ Decentralized physical infrastructure networks (DePINs) are gaining attention as they incentivize the deployment of hardware-based networks and IRL tasks through token rewards. @Old_Samster dives into platform options available for #DePIN projects and their implications. 🧵
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Messari
Messari@MessariCrypto·
2/ @Solana has emerged as a preferred choice for DePINs, offering advantages like high throughput, low fees, and a large developer community. Notably, projects like @Helium and @RenderToken have migrated to Solana due to its state compression, reduced costs and low storage reqs.
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Messari
Messari@MessariCrypto·
Subscribe to the Unqualified Opinions newsletter for world-class research from the Messari analysts, straight to your inbox! messari.io/newsletter?utm…
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Sol Beach Bum
Sol Beach Bum@SolBeachBum·
@MessariCrypto @Old_Samster Composability has to be a factor. Instant access to defi for contributors to trade out of or earn yield on their tokens is a big advantage for general purpose chains
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Peter Sweeney
Peter Sweeney@ChadwickOk77·
@MessariCrypto @Old_Samster Great article. When it comes to #DePINs, I suspect @peaqnetwork might already have the highest number of those. Over the past few weeks alone, they've onboarded over 4 depins with more than 5k devices. At this rate, I'd say they're already ahead. Naturally.
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MerbAOV
MerbAOV@Krypt0lyst·
@MessariCrypto @Old_Samster With various networks and projects competing and making partnerships, DEPIN can be atop the crypto stage!🚀Folks should pay attention to @w3bstream_com by @iotex_io because it allows developers to build with any device, in any coding language, on any chain...in record time!
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William Walter
William Walter@aprilwalta_1212·
@MessariCrypto @Old_Samster DePINs will be the next big #crypto narrative and @Peaqnetwork is one among other projects revolutionizing its success. With their innovative approach, they're paving the way for a future where tangible assets and blockchain technology seamlessly converge.
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