Close Menu

    Subscribe to Updates

    What's Hot

    5 Best Pump.Fun Trading Strategies for Meme Coins (July 2025)

    July 6, 2025

    Why Bitcoin Miners Should Join the Green Movement

    July 6, 2025

    How Sami Lost $5000 to Freewallet

    July 6, 2025
    Facebook X (Twitter) Instagram
    laicryptolaicrypto
    Demo
    • Ethereum
    • Crypto
    • Altcoins
    • Blockchain
    • Bitcoin
    • Lithosphere News Releases
    laicryptolaicrypto
    Home Solana-based Pipe Network launches rewards for its decentralized internet
    Crypto

    Solana-based Pipe Network launches rewards for its decentralized internet

    John SmithBy John SmithMay 1, 2025No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email



    Solana-based Pipe Network is rewarding users who offer bandwidth for testing its decentralized content delivery system.

    On May 1, at the Token2049 conference in Dubai, Pipe Network announced incentives for node operators who contribute computing power. This infrastructure will be used to power its decentralized content delivery network built on Solana.

    Dubbed PipeQuest, the rewards program will support engagement with the Pipe Network testnet. It will incentivize node operators, community participation, and network demand ahead of its mainnet launch, scheduled for summer 2025.

    Pipe Network wants to build the internet on Solana

    The ultimate goal of the initiative is to build a scalable ecosystem where users can share data, stream content, and do everything they currently do online, but using decentralized infrastructure, without relying on the expensive data centers run by big tech firms.

    One of the main advantages of the Pipe Network is that it enables almost any device to be turned into a Point of Presence node. This means that owners of personal computers, laptops, or even mobile devices can use idle computing power to earn rewards and power the network.

    Additionally, the proximity of these smaller nodes to end users can reduce latency. In theory, this means faster ping times and quicker content loading for users. David Rhodus, founder of Permissionless Labs, the company behind Pipe Network, explained its benefits during the Token2049 event:

    “We’re excited to make our testnet available to the wider Solana community to demonstrate how a decentralized CDN can increase bandwidth and reduce latency beyond what has been possible with off-chain solutions,” David Rhodus, Permissionless Labs.

    So far, the network boasts over 200,000 PoP nodes, or individual devices onboarded. These devices were used to upload more than 200,000 files and store a cumulative 250 Terabytes of data.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
    John Smith

    Related Posts

    5 Best Pump.Fun Trading Strategies for Meme Coins (July 2025)

    July 6, 2025

    Why Bitcoin Miners Should Join the Green Movement

    July 6, 2025

    How Sami Lost $5000 to Freewallet

    July 6, 2025
    Leave A Reply Cancel Reply

    Demo
    Don't Miss
    Crypto

    5 Best Pump.Fun Trading Strategies for Meme Coins (July 2025)

    By John SmithJuly 6, 20250

    Cryptocurrency meme coins have become the rage in the crypto market today. Thanks to their…

    Why Bitcoin Miners Should Join the Green Movement

    July 6, 2025

    How Sami Lost $5000 to Freewallet

    July 6, 2025

    Top 10 Hotjar Alternatives – CoinCodeCap 2025

    July 6, 2025

    LAI Crypto is a user-friendly platform that empowers individuals to navigate the world of cryptocurrency trading and investment with ease and confidence.

    Our Posts
    • Altcoins (617)
    • Bitcoin (30)
    • Blockchain (144)
    • Crypto (9,555)
    • Ethereum (629)
    • Lithosphere News Releases (162)

    Subscribe to Updates

    • Twitter
    • Instagram
    • YouTube
    • LinkedIn

    Type above and press Enter to search. Press Esc to cancel.