A decentralized compute market is a peer-to-peer network where users can buy and sell computing resources without intermediaries. Participants contribute their unused processing power to the network, which can then be utilized by others requiring computational capacity. This system aims to create a more efficient and censorship-resistant allocation of computing power. It represents a shift from centralized cloud services.
Context
The emergence of decentralized compute markets addresses the growing demand for flexible and accessible computational resources, particularly for artificial intelligence training and complex simulations. Key discussions revolve around pricing mechanisms, the verification of computation, and maintaining network security. This area is experiencing rapid development with new protocols aiming to disintermediate traditional compute providers.
A novel Proof-of-Learning mechanism replaces Byzantine security with incentive-security, provably aligning rational agents to build a decentralized AI compute market.
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