Compute Networks

Definition ∞ Compute networks consist of distributed systems that pool processing power and data resources to execute computational tasks. These networks allow users to access and utilize computing capacity on demand. They are fundamental for processing complex algorithms and managing large datasets. Such systems often support cloud services and decentralized applications.
Context ∞ Within the digital asset domain, decentralized compute networks offer alternatives to centralized cloud providers for running smart contracts and DApps. News highlights projects building verifiable computation layers on blockchains. The efficiency and security of these networks are crucial for the scalability and utility of Web3 infrastructure.