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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·
3/ However, @0xPolygon with its EVM compatibility has also become favored for DePINs. While it boasts high throughput and low fees, some projects, like @RenderToken, found @Solana to be a more cost-effective option.
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Latifa Nelson
Latifa Nelson@lat12nelso_·
@MessariCrypto @solana @helium @RenderToken The potential of DePINs is truly exceptional, evident why even major players like @Solana are implementing them. It enables individuals to connect their IoT devices to the decentralized internet, aligning perfectly with @peaqnetwork's focus on democratizing the economy of things.
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