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No incentives without verification — io.net as the cautionary tale

"[Panel] ​“Decentralized Computing as a Business”" (Kryptoplanet[Official])

“Akash doesn’t have verifiability, it has a reputation system, and Akash doesn’t have incentives because, well, we don’t have verification. What io.net did is they enabled incentives without verification — then you get Sybil attacks… that’s why we chose not to do incentives until we have verification.” — 00:19:41

Context: Answering how to trust you’re getting the GPU you paid for; describes Akash’s optimistic quorum verification, reputation with fraud proofs, and a UT Austin TEE proposal for verifiable hardware.

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