Let's look away from Price action and SEC for a moment. We know crypto goes on after this episode and opportunities will be overlooked due to distractions.
I just came across an interesting article on CoinList blog about the latest crypto trend that could change the game in 2023 - Decentralized Physical Infrastructure Networks (DePIN)!
According to this article, the DePIN concept focuses on building decentralized infrastructure networks that can be owned and controlled by anyone, essentially democratizing the infrastructure industry.
The four main DePIN categories are:
- Server Networks / Cloud Storage Networks: eg. Filecoin, Arweave, Holo, etc.
- Wireless Networks (5G, Wifi): Helium, Syntropy, Weaver Labs.
- Sensor Networks: eg. Dimo (from the article, probably a coinlist bag).
- Energy Networks: eg. Energy web (that I know of).
These four categories aim to decentralize and distribute the physical infrastructure of the Internet. And by doing so, DEPINs can offer more privacy, security, and resilience to users, making it harder for individual points of failure to cause outages or security breaches.
How interesting is it to you, and do you see it possibly ever becoming a hype trend?
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