Vitalik Buterin
@vitalik.eth
What are the "DePIN" projects that people think are most likely to actually work? It feels like the category is a new name for something that's been around for a decade (StorJ, various decentralized ubers...) but has never gotten off the ground? So what's the bull case for why it will get off the ground now?
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vrypan |--o--|
@vrypan.eth
Other than a different financial structure (distributed capex allows deployment of infrastructure without huge funding), I believe that some of these projects that involve sensors, will provide an new source of truth about how we see the world.
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vrypan |--o--|
@vrypan.eth
OK, this is close to home, so very subjective, but: For example, you won't have to rely on a centralized org for weather data when debating climate change, but a decentralized network like WeatherXM. (Ofc there are new challenges there, and while distributed, we are far from being decentralized yet.)
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Patrick
@patrickjpatten
You’re not gonna replace noaa and scientists with sensors. That’s silly.
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Acid
@0xacid
It's not about replacing scientists, it's about giving them more (and verifiable) data. Right now apps that need access to global data, have to aggregate multiple sources and add a transformation layer on top. This is not only costly but also requires you to trust just 1 provider for potentially critical datapoints
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vrypan |--o--|
@vrypan.eth
I don't know any scientist who wouldn't want weather data from 10, 50, 100k more weather stations.
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