The Solana-based Pipe Network is about rewarding users who provide bandwidth to test distributed content delivery systems.
On May 1st, at the Token2049 conference in Dubai, Pipe Network announced the incentives for node operators providing computing power. This infrastructure is used to power distributed content delivery networks built on Solana.
A reward program called Pipequest supports engagement with pipe network testnets. We encourage node operators, community participation and network demand ahead of the launch of the mainnet, scheduled for the summer of 2025.
Pipe Network wants to build the internet in Solana
The ultimate goal of this initiative is to create a scalable ecosystem where users can share data, stream content and do everything they do online now.
You might like it too: BitFarms secures $300 million loans to fuel AI and data center growth
One of the main advantages of pipe networks is that almost any device can be converted to a point of the node of existence. This means that owners of personal computers, laptops, or mobile devices can use idle computing power to earn rewards and power the network.
Furthermore, when these small nodes are close to the end user, latency can be reduced. In theory, this means that ping time and faster content loads for users. David Rhodus, founder of Permissless Labs, the company behind Pipe Network, explained its benefits during the Token2049 event.
You might like it too: The New AI Alliance aims to end large technical advantages with user-owned data
“We look forward to making testnets available to the wider Solana community and demonstrating how decentralized CDNs can increase bandwidth and reduce latency beyond what is possible with off-chain solutions.”
So far, the network has boasted over 200,000 pop nodes, or individual devices on board. These devices were used to upload over 200,000 files and store a cumulative 250 terabytes of data.
You might like it too: Solana Price aims to $200 amid a 47x transaction surge beyond Ethereum