DecentraCompute is a decentralized serverless platform and computing marketplace driven by blockchain technology. It offers a global, permissionless, scalable, and secure alternative to traditional centralized cloud computing solutions. DecentraCompute is referred to as a "cloudless platform" because it enables serverless computing without relying on traditional cloud infrastructure.
With DecentraCompute, developers can build and deploy applications on a network of computing providers. These providers range from large data centers to personal computers. They compete on cost and performance, continuously proving their service capabilities to earn rewards and payments.
DecentraCompute operates using a native encrypted token. Providers use this token as collateral for participation and as an incentive to earn rewards. Providers earn this token by offering services and typically receive stablecoin payments.
Benefits for Developers
Developers can leverage DecentraCompute to create and deploy applications, backends, APIs, and various digital services. This serverless platform provides a developer experience similar to traditional cloud services, but with the additional benefit of managing application execution on a distributed network, allowing developers to freely choose and switch providers.
Unlike traditional cloud platforms, DecentraCompute allows developers to verify if their applications are being correctly serviced and computations are accurately executed by inspecting proofs published by providers on the blockchain.
DecentraCompute integrates Web2 and Web3 data storage and management systems, supporting data input and output for application execution. While not designed for large-scale data persistence, it is well-suited for data caching, indexing, processing, and querying.
Component Comparison
DecentraCompute Components Web2 Equivalent Components
Compute Functions, Marine AWS Lambda, Google Cloud Functions
Cloudless Functions, Aqua AWS Step Functions, Google Workflows
Aqua Library Route53, ELB, Consul
Subnet S3, RDS, DynamoDB, MongoDB
Benefits for Computing Providers
Computing providers earn rewards by renting out their resources on the DecentraCompute marketplace. They can rent out any connected device, from professional data centers to personal computers, and even small devices like Raspberry Pis. Becoming a provider is straightforward because the protocol ensures reliability and reduces the need for complex fault-tolerant setups. However, performance depends on hardware and network connectivity, making professional-grade devices more attractive to customers.
Providers' income comes from two main sources. Developers pay for application services, and the protocol rewards providers with DecentraCompute tokens to maintain computing capacity and improve network performance and latency.
Additionally, providers do not need to actively promote their services as the marketplace automatically connects them with customers in need.
Benefits for the Community
DecentraCompute's security model relies on cryptographic economic incentives. Token holders can stake tokens to support hardware availability and performance verification on the network, earning additional token rewards.
The platform is governed by a decentralized autonomous organization (DAO), allowing token holders to participate in the governance process. They can create proposals, select delegates and governance committee members, and vote on various proposals.
Summary
DecentraCompute represents a new era of decentralized serverless computing, providing an innovative and secure alternative to traditional cloud platforms. Its unique approach benefits developers, computing providers, and the wider community, creating a powerful and efficient ecosystem for application deployment and execution.