1/ Ever wonder why your Orchid balance doesn't change with every payment? Our mathematician @DrChloAvery explains how variance works in probabilistic nanopayments and why it's not just normal—it's by design. #DePIN #Web3
1/ 🚀 Nanopayments are core to our tech, letting users pay as they go for bandwidth, AI, and more. But since nanopayments are like lottery tickets, many ask why they should trust them. In this paper, mathematician @DrChloAvery makes the case for why they work. #DePIN #Token2049
Bitcoin Ordinals represent an innovative method of inscribing data directly onto the Bitcoin blockchain. Unlike traditional NFTs, which enclose metadata or URLs that reference off-chain data, Ordinals embed the actual content on-chain through inscriptions. This approach enhances decentralization and censorship resistance at the cost of higher transaction fees and data size constraints.
Twin Coding 101: We leverage twin coding schemes to optimise block repair operation and data recovery, between selected cohorts of providers in a given data set.
Seen in the diagram below, providers categorised as Type 0 and Type 1, repair each other’s nodes.
How well does “the algorithm” know you? 🫣 DePIN storage solutions shield your data from invasive algorithms and ensure your data is ultimately controlled by you, not a central company. 🤖
Orchid nanopayments will allow users of Orchid Storage to pay for the service only when they are using it with the option to stop at any time. This ensures that users have control. 🤝 For more information about Orchid’s nanopayments and Orchid Storage, visit our website. 🔗: https://www.orchid.com/how/
Orchid Storage will be a fair marketplace from which users and providers can mutually benefit. The initiative is open-sourced for contribution and we invite you to participate in our testnet!👥 Find out more on our website: https://t.co/7u9cwgH7FI
Our Decentralized Storage initiative is now to be called “Orchid Storage!" The former name Storchid has gone back into storage.📦🌐 Find out more on our website and our litepaper! https://t.co/7u9cwgH7FI
Generative AI tools are immensely useful but they pose centralization risks. As the use of DePINs grows within the AI industry, it could influence AI technology to be more accessible, open, and transparent. 😉