# Enabling Decentralized Networks With DePin and PoC

- Channel: [EthCC](https://streameth.org/ethcc)
- Date: 2024-07-18
- Duration: 16:58
- Topics: cryptocurrency, blockchain, AI, developers, cloud computing
- Watch: https://streameth.org/watch/669979c1237940f4df9a3a8f

## Description

We introduce Proof of Capacity (PoC) that allows on-chain verification of off-chain cryptographic proofs over (almost any) arbitrary hardware commitments to decentralized network. We discuss PoC's role in enabling decentralized network stacks. The video discusses the evolution of the term "Deepin" in the cryptocurrency space, which was chosen to describe a particular sector involving decentralized networks and physical work. The speaker notes that Misari, a crypto analytics firm, conducted a Twitter poll in late 2022 to settle on this term, and later published an influential overview of the state of Deepin in 2023. The video highlights that there are over 60 tokens or projects associated with Deepin, indicating its significance.

The speaker explains that Deepin encompasses both physical and digital resources, with a focus on digital resources like computing power. Projects like Filecoin are mentioned for their contributions to digital storage solutions. The speaker emphasizes the importance of proof systems in verifying storage and computing resources, noting the challenges unique to computing power compared to storage.

Fluence is introduced as a decentralized cloud compute platform that aggregates CPU (and potentially GPU) resources for developers to purchase capacity. The platform uses WebAssembly and Docker for deploying general compute tasks. It is governed by a DAO and has its own token.

The importance of supply preceding demand in protocol structure is stressed, with emphasis on creating incentives for resource providers to commit capacity without immediate demand. The speaker warns against protocols incentivizing non-existent capacity as it can be detrimental.

Proof systems