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Educational Byte: What is DePIN in Crypto?

Educational Byte: What is DePIN in Crypto?



This story was originally published on HackerNoon at: https://hackernoon.com/educational-byte-what-is-depin-in-crypto.
Mix a crypto network with some physical set-up provided by people globally, and you’ll likely have a DePIN. Let's discover more about it!
Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #depin, #what-is-depin, #depin-explained, #iot-applications, #iot-and-blockchain, #obyte, #components-of-a-depin, #good-company, and more.

This story was written by: @obyte. Learn more about this writer by checking @obyte's about page, and for more stories, please visit hackernoon.com.

“DePIN” is a relatively new one around. It means Decentralized Physical Infrastructure Network. It can be defined as a system that uses Distributed Ledger Technology (DLT) to gather and maintain real-world infrastructure.


Published on 1 month, 1 week ago






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