Definition ∞ Computing Power Leases are agreements that grant temporary access to computational resources, such as GPUs or CPUs, typically for a specified duration or task. In decentralized contexts, these leases are often facilitated through smart contracts on a blockchain. This enables users to acquire necessary processing capacity without direct hardware ownership.
Context ∞ A key discussion involves optimizing the pricing and allocation mechanisms for computing power leases in a transparent and efficient manner. Future developments will likely focus on enhancing the flexibility and granularity of these leasing arrangements, allowing for dynamic adjustments based on real-time demand and supply within decentralized networks.