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In today's digital age, the amount of generated data is growing exponentially, and so to the amount of corresponding compute required for processing. Intensive numerical computing tasks run mostly in the cloud (AWS, Azure, GCP, ...) or on in-house servers.
Distributed computing projects like Folding@home pool together the computational power of idle personal computers around the world to tackle key, compute-intensive scientific challenges such as screening new drug therapies. The combined compute created has been measured to surpass even the most powerful supercomputer available.
However, the success of these projects wax and wane with the enthusiasm and participation of volunteers, which is difficult to maintain if there's no clear research progress or common challenge. Can we provide economic incentives for volunteering compute?
IPFS / Filecoin provide marketplace for decentralized storage. Similarly, is it possible to provide compute in a decentralized and secure manner?
I contributed a bit to ConstitutionDAO last week, and even though it didn't work out as intended, it was mindblowing to see how all the contributions from everyone added up to so much (>40M).