Aethir is a distributed cloud computing network that is set to provide GPU resources for gaming and artificial intelligence applications. The Ethereum-based network aims to build a scalable and decentralized cloud infrastructure (DCI) that helps AI and gaming companies place their products directly in the hands of consumers, regardless of where they live or what hardware they own.
This article will conduct a deep dive into the Aethir project to understand its underworkings as well as the purpose and use cases of its native cryptocurrency AETH to determine whether it is a legitimate crypto investment.
So, let’s get started.
What is Aethir?
Aethir was founded in 2021 by a group of engineers with experience in cloud computing, distributed systems, and blockchain technology. Their mission was to create a new type of cloud computing network that is more open, affordable, and globally accessible compared to traditional cloud service providers.
The decentralized cloud infrastructure (DCI) protocol deployed on the Ethereum blockchain was created to break down the barriers that prevent developers and users from accessing high-performance GPU resources, such as games and AI applications.
Aethir’s vision is to empower its users with the ability to build innovative applications that can be accessible from anywhere in the world.
How Does Aethir Work?
Aethir is a peer-to-peer network of GPU-enabled nodes that are distributed globally. These nodes are controlled by individual users and data operators who are willing to share their excess computing power to support the DCI.
Developers are allowed to deploy and run their applications on Aethir through the available pooled computing capacity.
Individuals and businesses can contribute the unused GPU capacity of their computers to Aethir in exchange for AETH tokens. The network also employs an optimized scheduling mechanism that allocates workloads to nodes based on various factors like their available computing capacity, location, and performance capability.
Developers also don’t have to go through the hassle of managing servers themselves and can focus on developing code for their applications while Aethir handles the infrastructure’s scaling and availability demands.
Most importantly, no single entity controls the network. Aethir is governed under a decentralized model where inputs from node operators, app developers, and AETH holders are taken into account before upgrading or updating the DCI.
What is the AETH Token?
AETH is the native utility and governance token of the Aethir ecosystem that is used for all economic transactions within the network. The ERC-20 standard asset has multiple use cases within the DCI, like:
- Node Operators Staking
Node operators can lock up AETH to secure their role as the network’s validators and to earn rewards. The more AETH a node operator stakes, the larger the share of the network they can support.
- Application Fees
Developers have to pay a nominal fee in AETH to deploy and run their applications on the distributed cloud network. This fee also covers the infrastructure and operational costs of Aethir.
- Reward Distribution
Transaction fees and a portion of the application fees are distributed to node operators, developers, and token holders based on participation in the Aethir network and their AETH holdings.
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Is Aethir a Good Crypto Investment?
Aethir is an ambitious project that has the potential to transform distributed cloud computing infrastructure for gaming and AI-related applications. The network’s founders aim to create an open, affordable, and accessible high-performance platform for developers where they can create and deploy applications without having to worry about handling server space.
However, building such a large-scale decentralized cloud-based network presents major technical and adoption challenges. Aethir’s talented team is working to reach these goals by the end of 2024.
If the network can deliver on its promises, then it has the potential to become one of the leading cloud platforms in the blockchain space. All things considered, I can say that Aethir is an innovative crypto project that if successfully implemented, can provide the much-coveted distributed cloud computing ecosystem that can be accessed by anyone from anywhere in the world regardless of the computing power or hardware available to them.
As is the case with every cryptocurrency project, my advice is to always do your due diligence before making any investment decision. It is highly recommended that you only invest money that you can afford to lose.
