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Compute Markets

Definition ∞ Compute markets are digital marketplaces where computational resources are bought and sold. Participants can rent out their unused processing power or acquire computational capacity for tasks like data analysis, machine learning, or rendering. These markets leverage distributed networks to provide on-demand access to computing power, often at competitive rates. They represent a significant shift towards decentralized cloud computing, reducing reliance on centralized providers.
Context ∞ The emergence of compute markets is a focal point in discussions about decentralized infrastructure and the future of cloud computing. News often highlights new platforms entering this space, the integration of AI workloads, and the potential for these markets to disrupt traditional cloud service providers. The development of robust and secure compute markets is seen as a critical step towards a more decentralized internet and the enablement of computationally intensive decentralized applications.

$A white, spherical robotic head with a luminous blue visor and a segmented robotic hand emerges from a fractured mass of clear and deep blue crystalline structures. This visual metaphorically represents an algorithmic entity or AI oracle interfacing with immutable distributed ledger technology. The crystalline formations symbolize the secure cryptographic primitives and data integrity inherent in a blockchain's cold storage mechanisms, from which new protocol layers are being unveiled, signifying the activation of smart contract functionalities.$

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Ethereum Foundation Launches dAI Team and ERC-8004 Standard

Ethereum pivots to an AI-native infrastructure, launching a dedicated dAI Team and the ERC-8004 standard to secure autonomous agent interactions and expand the machine economy.