Decentralized Infrastructure Networks

Definition ∞ Decentralized Infrastructure Networks, often abbreviated as DePIN, are blockchain-based protocols that incentivize individuals to build and maintain physical or digital infrastructure. These networks leverage token rewards to coordinate distributed resources. They aim to create robust, community-owned alternatives to centralized services. DePIN represents a significant application of blockchain technology.
Context ∞ DePIN projects are gaining traction as a method to decentralize various services, from wireless connectivity to energy grids. News reports frequently highlight their potential to disrupt traditional industries by offering more efficient and transparent solutions. The development of these networks is a significant trend in the evolution of Web3 technologies. This sector continues to expand rapidly.