Solana Gets Physical With DePIN on Bankless

DePIN uses cryptocurrency rewards to incentivize participation in physical infrastructure networks, enabling them to be built from the “ground up” rather than the top down

When we think of networks attempting to solve real problems, DePIN is the most tangible vertical. Helium is the poster child for this and likely the only one which has found PMF so far, though there are obviously others building interesting infrastructure here. When Helium set out to build its network in 2013, it was specifically looking to solve t... See more

The infrastructure phase is ramping up. Existing infrastructure has struggled to keep pace with increasing crypto adoption. Better rails are needed to unlock the next stage of growth. On that front, Pocket Network may prove essential. The multichain protocol facilitates decentralized cloud computing around the world. Wallets go beyond transactions.... See more

The DeVIN space is primarily broken into classes of solutions:

• Protocols that decentralize compute


• Protocols that decentralize data storage

Projects like Ceramic allow users to take their data with them across the internet. Two contributors highlighted this open-source protocol, describing how it could change how we build and interact with on-chain applications.

Disrupting traditional finance or improving global payment rails are two of the more widely accepted future use cases for crypto, while we argue there’s room for a third in DePIN.

The Bitcoin network and other distributed ledgers all represent a collectively maintained public infrastructure and are the backbone of the next generation Internet, what the crypto community refers to as the Web3.

So, pursued the development of decentralized, cryptographically secure digital infrastructure.