CYSIC launches a platform with which users have access to real hardware with the help of tokenized assets.
CYSIC uses tokenization to give users access to high-performance computing power. On Thursday, May 29, the Zero-Knowledge Layer-1 network Computefi announced and described it as a “hardware token risation model”.
The rise of AI has pushed powerful GPUs out of reach for many smaller developers. With the chipp prices that continue to rise, the problem will probably aggravate, says Leo Fan, co-founder of Cysic. Computefi wants to make access to powerful computer user more affordable.
“We wanted to alleviate the costs of scaling up real-time applications and helping to generate a sustainable yield for the greatest crypto-use cases today: crypto-mining, AI infant and zero-knowledge-bidding,” Leo Fan, co-founder of Cysic.
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How the computefi model works
The Computefi Platform functions by to Token to Token by real computer hardware, including GPUs, ZK -chips and mining installations. These tokens become assets that everyone can earn, without having to manage or store the machines directly.
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At the back, Computefi distributes computer power to users, offers rewards for token holders and follows all activities on the blockchain. The platform also says that this model removes the intermediary between developers and hardware owners.
“Most people cannot afford to buy and operate high-end calculation hardware. Computefi bridges of this gorge. It connects those needed with those who have it, and allows everyone to generate proceeds from the infrastructure that drive blockchain, AI and mining technologies,” Leo Fan, Cysic.
One of the first applications that will focus on computefi is Dogecoin and Litecoin -mining. This allows regular user mining rewards to earn without managing or paying hardware to operate it. CYSIC hopes that this will contribute to more democratic and distributed mining, while it rewards a wider pool of users.
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