Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Three reasons why Goatseus Maximus’s GOAT rallied over 70% today

    May 12, 2025

    Bitcoiners post your mom as OP_RETURN spam

    May 12, 2025

    Crypto custodian BitGo secures license from Germany’s BaFin to expand services in Europe

    May 12, 2025
    Facebook X (Twitter) Instagram YouTube
    X (Twitter) Instagram YouTube LinkedIn
    Block Hub News
    • Lithosphere News Releases
    • Altcoins
      • Bitcoin
      • Coinbase
      • Litecoin
    • Crypto
    • Ethereum
    • Blockchain
    Block Hub News
    You are at:Home » Solana-based Pipe Network launches rewards for its decentralized internet
    Crypto

    Solana-based Pipe Network launches rewards for its decentralized internet

    James WilsonBy James WilsonMay 1, 2025No Comments2 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    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 Tumblr Email
    Previous ArticleModerators censor Bitcoin devs as OP_RETURN war rages on
    Next Article Here’s why altcoins like Jasmy, Chainlink, Dogecoin, Pi Network are rising
    James Wilson

    Related Posts

    Three reasons why Goatseus Maximus’s GOAT rallied over 70% today

    May 12, 2025

    Crypto custodian BitGo secures license from Germany’s BaFin to expand services in Europe

    May 12, 2025

    Keevo Wallet Review: Read More About This Hardware Wallet 2025

    May 12, 2025
    Leave A Reply Cancel Reply

    Demo
    Latest Posts

    Three reasons why Goatseus Maximus’s GOAT rallied over 70% today

    May 12, 20250 Views

    Bitcoiners post your mom as OP_RETURN spam

    May 12, 20250 Views

    Crypto custodian BitGo secures license from Germany’s BaFin to expand services in Europe

    May 12, 20250 Views

    Keevo Wallet Review: Read More About This Hardware Wallet 2025

    May 12, 20250 Views
    Don't Miss

    TAO and Arbitrum investors rush to buy into 1Fuel presale before anticipated rally

    By Isabella TaylorApril 22, 2025

    For years, Arbitrum and TAO have dominated the market as two of the best altcoins…

    Slasher Ghost, and Other Developments in Proof of Stake

    April 24, 2025

    Bitcoin breaks $93,000 amid rumors that Saudi, UAE, or Qatar is buying

    April 23, 2025
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo

    Subscribe to Updates

    Get the latest creative news from SmartMag about art & design.

    Demo
    X (Twitter) Instagram YouTube LinkedIn
    Our Picks

    Three reasons why Goatseus Maximus’s GOAT rallied over 70% today

    May 12, 2025

    Bitcoiners post your mom as OP_RETURN spam

    May 12, 2025

    Crypto custodian BitGo secures license from Germany’s BaFin to expand services in Europe

    May 12, 2025
    Most Popular

    TAO and Arbitrum investors rush to buy into 1Fuel presale before anticipated rally

    April 22, 202528 Views

    Slasher Ghost, and Other Developments in Proof of Stake

    April 24, 202519 Views

    Bitcoin breaks $93,000 amid rumors that Saudi, UAE, or Qatar is buying

    April 23, 202510 Views
    © 2025 - 2026

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