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DePIN: Decentralized Physical Infrastructure Networks – A Blessing or a Curse?
Ah, DePIN projects. The hopeful dream of crypto enthusiasts everywhere, promising utility but often delivering… not much. Few of these projects manage to address real-world issues with a business model that could actually disrupt existing companies or, heaven forbid, not be easily faked. The exception, however, is a flight-tracking network called Wingbits. And no, they don’t just track your flight to grandma’s house. They track everything, and they’re making waves in the process. Why? Because they bring Web3 incentives to a Web2 problem. Revolutionary, right? 😲
Figure 1: Wingbits flight tracking map, or as I like to call it: “Look, there goes my flight!”
Flight-tracking companies rake in millions by selling flight data to aviation companies and—brace yourselves—financial analysts who monitor private jet movements to predict mergers and acquisitions. The horror! These companies make money off ads and subscriptions, yet their expenses are laughably minimal. Why? Because the flight surveillance tech—called ADS-B receivers—only require a few antennas and some Raspberry Pis, which are, of course, bought and configured by hobbyists who expect nothing more than a free subscription to their favorite flight-tracking site. 🧑💻
The problem, dear reader, is that these hobbyists—bless their hearts—don’t exactly have the best incentive to maximize data quality. The result? ADS-B receivers are often sloppily placed in the corners of living rooms or scattered across urban jungles, leading to some areas being so under-served you might as well be trying to track flights using nothing but a pair of binoculars. 😆
Figure 2: (Left) Traditional ADS-B receiver (Right) Wingbits miner – Like night and day, but with more tech. 🖥️
Now enter Wingbits, like the knight in shining armor that it is. Wingbits incentivizes enthusiasts to set up stations in more strategic locations, based on altitude, no less, all while using an Uber-style hexagonal system to ensure optimal coverage. Guess what? They’ve achieved 75% of the network coverage with only 1/11th the stations. Meanwhile, their competitors are still squabbling over outdated tech. 🥳 The efficiency is unmatched, and as Wingbits rolls out more stations, it’s clear they’re about to beat traditional flight-tracking networks to the punch.
Now, the next family dinner? Just whip out this example, and watch your relatives try to keep up with your newfound understanding of crypto-powered flight tracking. It’ll be like dinner theater, but with fewer awkward silences. 😜
Crypto x AI – Where Innovation Meets Confusion
We all know that market cycles are more unpredictable than the weather, right? One minute everyone’s all hyped up, and the next, the demand for computing experiences just flatlines. GPUs? They’re as expensive as a fancy dinner in Paris. And while the idea of unlocking idle computing power on everyday devices isn’t exactly new, synchronizing them all? Well, now that’s a different kettle of fish. Enter Exo Labs, the innovators who decided to take edge computing to a whole new level. They’re turning your regular old MacBook into a super-powered computing machine. And no, it’s not magic—it’s technology. 😅
Figure 3: Exo Labs’ model shards being run on separate devices. That’s some next-level stuff, right?
Exo Labs has come up with a breakthrough called pipeline parallel inference, which lets large language models (LLMs) be split into “shards” that can run on different devices. So, your MacBook and that old tablet from 2013 can now work together to power up AI tasks. And get this—they’ve got security, reduced latency, and privacy all wrapped up in one neat package. Talk about innovation that doesn’t just sound cool but actually solves real-world problems. 🙌
Speaking of privacy, have you heard about Bagel AI? Yeah, you read that right. Their ZKLoRA technology allows LLMs to be fine-tuned without compromising sensitive data. This is a game-changer for industries like healthcare, finance, and legal services, where confidentiality is practically a sacred oath. 💼
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Figure 4: The zkSchellingCoin Consensus in action. It’s like AI, but with a brain. 🤯
With these innovations, privacy preservation and AI verifiability could soon be a thing of the past, well, not the past, but you know what I mean. The hype may have been there, but reality is shaping up to be far more impressive. From Wingbits revolutionizing flight tracking to Exo Labs turning your MacBook into a supercomputer, the future is starting to look very decentralized, efficient, and trust-verified. Who would’ve thought? 😏
Note: The views expressed in this column are those of the author and do not necessarily reflect those of CoinDesk, Inc. or its owners and affiliates.
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2025-05-28 20:40