[New Token] 1 PIPE = $0.089 USD - What is its "burn-to-credit" model?

puncakbukit (78)in #pipe • 2 months ago

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The Pipe Network ($PIPE) is a decentralized edge supercloud platform, functioning as a Web3 alternative to traditional CDNs and cloud providers. For technical analysis, the Madrid Ribbon indicator is currently showing a decreasing trend, marked by a green color, which can be interpreted as a potential slowdown in upward momentum or a continuation of consolidation, depending on the indicator's specific pattern interpretation.

Pipe Network's foundational architecture relies on a global, permissionless mesh of community-operated Points-of-Presence (PoPs) nodes. This structure enables ultra-low latency content delivery by placing compute and storage resources closer to end-users. Concurrently, the Trend Direction Helper indicator is signaling an increasing trend, suggesting that the underlying price action of $PIPE remains bullish despite the short-term ribbon compression.

The utility of the network is powered by the $PIPE token, which governs the tokenomics through a burn-to-credit model. Users burn $PIPE to obtain Data Credits for services like bandwidth and storage, thereby ensuring that token consumption is directly tied to real-world infrastructure usage and fostering a deflationary pressure proportional to network activity.

About Pipe Network (PIPE)

Pipe Network ($PIPE) is a decentralized edge supercloud platform, positioning itself as a Web3-native challenger to traditional Content Delivery Networks (CDNs) and cloud infrastructure providers. Built upon the high-throughput, low-latency Solana blockchain, the network is designed to combine content delivery, decentralized storage, and distributed Artificial Intelligence (AI) inference into a single, permissionless infrastructure.

Its core architecture is a global mesh of community-operated Points-of-Presence (PoPs) nodes. These hyperlocal nodes are strategically deployed to be significantly closer to end-users (often within 10 miles, compared to the 100+ miles of conventional CDNs), which is crucial for achieving its stated sub-10ms latency and superior performance for demanding applications like video streaming, gaming, and real-time AI workloads.

Pipe Network’s unique technical strength lies in its Verifiable Data Delivery model, powered by a novel use of Zero-Knowledge Proofs (ZK-Proofs), specifically a system referred to as zk-TCP. This cryptographic mechanism allows node operators to prove, in a trustless and privacy-preserving manner, that the requested content was delivered correctly and verifiably, without needing to reveal sensitive user data. This Proof-of-Delivery (PoD) is central to the network’s integrity and forms the basis for operator rewards.

The native utility token, $PIPE, drives the network's tokenomics through a burn-to-credit model. Users acquire Data Credits (DCs) by burning $PIPE to pay for bandwidth, storage, and compute services. Node operators are subsequently rewarded with newly issued $PIPE, with payouts determined by their verified performance metrics, such as bandwidth served and uptime, as validated by on-chain smart contracts. This mechanism creates a self-regulating economic loop directly linking token consumption to real-world infrastructure usage, incentivizing service quality and fostering a decentralized, elastic infrastructure marketplace.

Disclaimer: I am not a financial advisor; all information I share is for general education only and not financial advice—always do your own research and consult professionals before investing, as crypto and other assets are risky.

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[New Token] 1 PIPE = $0.089 USD - What is its "burn-to-credit" model?steemCreated with Sketch.

About Pipe Network (PIPE)

[New Token] 1 PIPE = $0.089 USD - What is its "burn-to-credit" model?