Home hardware made almost free by earning Akash rewards
Overcoming the Challenges of Distributed Networks with Greg Osuri CEO Overclock Labs & Akash Network (Techpost)
“This device sits in your house and becomes part of the Akash network, by which the rewards this particular node gains by hosting other workloads through Akash will subsidize the cost of the hardware… they can bring the cost of the hardware device to almost free — free in the sense the customer’s paying electricity. It’s that type of redistribution of incentives, but it’s only possible because of a decentralized cloud like Akash, and this is the true promise of blockchains.” — 00:10:22
Context: The Cactus economic model — household devices earning income by selling spare compute; Greg calls apps like this, with “nothing to do with blockchain,” the proof of the web3 mission.