According to TechFlow, on the Twitter Space of "When DePin Summer" jointly organized by Bitget and NodeLab, CocoCat Co-Founder Eric mentioned: "DePIN is definitely not equal to the public chain itself. As a decentralized infrastructure, DePIN can be a peer-to-peer network, and the public chain is also a peer-to-peer network. The two can be compatible or incompatible, but one thing is certain, the DePIN network is more basic than the P2P consensus network of the public chain. A DePIN network can support the inclusion relationship of various public chains.
DePIN does not necessarily mean designing a new custom hardware. It can also be a protocol, an open protocol. There are many kinds of hardware now, and making full use of these existing hardware is already very impressive. Customized hardware should be provided based on functional needs.
In the process of promoting the DePIN project, its closed loop of revenue must be a flywheel formed by providing capabilities. Selling hardware and token mining can only be a method or supplementary means at a certain stage, but not the only one. "