How U2U Network is the Bridge Between DePIN and Mass Adoption 

by
Victoria d’Este

Printed: November 19, 2024 at 10:35 am Up to date: November 19, 2024 at 10:35 am

by Ana

Edited and fact-checked:
November 19, 2024 at 10:35 am

To enhance your local-language expertise, generally we make use of an auto-translation plugin. Please word auto-translation might not be correct, so learn authentic article for exact info.

U2U Community, co-led by Ms. Chloe Phung, co-founder and co-CEO, is a modular layer-1 blockchain tailor-made for DePIN. Powered by DAG-based structure and Subnet expertise, this undertaking supplies unparalleled scalability, safety, and adaptability for sectors like IoT, AI, and telecommunications. 

With a quickly rising ecosystem and strategic partnerships, U2U Community is on the forefront of constructing decentralized infrastructure accessible to the plenty. On this interview, Ms. Phung presents a better have a look at how U2U is bridging the hole between DePIN and mainstream adoption.

Are you able to begin by giving us an outline of what U2U Community is?

U2U Community is a DAG (Direct Acyclic Graph) based mostly and EVM-compatible chain that leverages Subnet expertise to supply infinite scalability and excellent match for DePIN. It employs a modular structure with Subnet expertise, enabling the event of specialised purposes throughout sectors like AI, IoT, and telecommunications. The community emphasizes scalability, safety, and interoperability, offering a strong basis for decentralized purposes. 

What challenges does U2U Community handle in integrating DePIN with mainstream purposes?

Integrating DePIN with mainstream purposes faces challenges in scalability, safety, and consumer adoption. U2U Community addresses these points with its Subnet expertise, which creates unbiased sub-networks tailor-made for particular purposes.

Subnets enable every utility to have devoted sources, avoiding congestion and sustaining excessive efficiency. They scale independently, adapting to rising demand. Every Subnet is remoted, so any points in a single don’t have an effect on the general community, boosting safety and reliability. Apart from, Subnets might be custom-made with particular guidelines and consensus mechanisms, guaranteeing that every utility runs optimally.

U2U’s modular method makes it simpler for mainstream platforms to undertake DePIN by providing the advantages of decentralization with out compromising consumer expertise. U2U’s Subnet expertise simplifies the combination of DePIN with mainstream use instances, making decentralized infrastructure extra accessible and environment friendly.

Inform us extra about your U2U Subnet. How does U2U Subnet expertise help specialised DePIN apps whereas sustaining community efficiency?

One of many USPs inside our tech is Subnet Expertise, so let me share extra particulars on that. U2U Subnet is a set of peer-to-peer cryptography computer systems. It inherits the consensus and safety layers of U2U Community . 

Subnet makes use of the OVM (Ostracism Digital Machine), which is a high-speed graph discount digital machine designed to carry out Subnet DApps (Subnet Decentralized Purposes). The OVM compiles code written in numerous languages comparable to Python, Go, Rust, and TypeScript right into a Runtime. This Runtime permits formally verified purposes to run natively on the community, guaranteeing most mathematical safety. Because of this OVM, the info on each subnet & mainmet is transferred seamlessly. Thus, every time we have to repair any a part of the community, we simply must separate that half, and the remainder of the chain can nonetheless function as regular. The whole lot retains operating easily with out affecting the entire blockchain.

U2U Subnet additionally helps us to grow to be an ideal match for DePIN. Different DePIN layer 1 networks face limitations as they solely enable all dApps to construct on a single infrastructure, making it troublesome to customise distinctive options. In distinction, U2U’s Subnet expertise allows initiatives to create specialised Subnets tailor-made to their particular wants, offering flexibility and management over key parameters. U2U Subnet permits node operators to contribute their computing sources to the community (e.g., CPU, RAM, GPU, Storage, and Web), from cellphones to supercomputers, forming a Decentralized Bodily Infrastructure Community (DePIN) able to internet hosting purposes that keep up without end. 

Briefly, U2U Community’s Subnet expertise helps optimize infrastructure and improve efficiency and safety for the whole system. Because of this, decentralized initiatives, esp. DePIN ones can simply develop on this platform with out dealing with limitations when it comes to pace or technological complexity.

How do you foresee the event of DePIN within the subsequent few years?

DePIN is ready to develop quickly as industries like telecommunications, knowledge storage, and IoT search decentralized options.

DePIN distributes management throughout many nodes, decreasing vulnerabilities and enhancing knowledge safety in comparison with centralized techniques. Apart from, through the use of a community of world contributors, DePIN lowers operational prices and allows smaller entities to take part in infrastructure administration.

DePIN permits networks to increase by including new nodes, guaranteeing flexibility, and sustaining efficiency, which is very important for IoT progress. In telecommunications, DePIN can create resilient community networks for underserved areas. In knowledge storage, it presents dependable, decentralized options to conventional cloud companies, enhancing knowledge privateness and management.

As extra industries acknowledge these advantages, DePIN may grow to be a key a part of web infrastructure, driving a shift towards a safer, scalable, and user-focused digital ecosystem.

Are you able to inform me a bit extra about U2U DePIN Subnet Node and what it’s?

U2U DePIN Subnet Node is a element of the community’s infrastructure that permits members to contribute computing sources, comparable to CPU, RAM, GPU, storage, and web bandwidth. By working these nodes, members help the decentralized infrastructure, enabling purposes to run repeatedly and securely. 

No programming expertise are required to function a node, and node operators can obtain token rewards from a devoted pool of 1 billion $U2U tokens (10% of the whole provide). With greater than 40 DePIN initiatives within the U2U DePIN Ecosystem, node operators can help the expansion of assorted initiatives throughout sectors like computing, cybersecurity, telecommunications, and synthetic intelligence. 

By this participation, operators might earn rewards based mostly on their node’s contributions to the community – the extra DApps concerned, the larger the incomes potential. Moreover, node operators can count on to recuperate their preliminary funding in simply 58 days, making this Node Sale a extremely useful alternative.

Are you able to share some large milestones you achieved in 2024? 

U2U Community has captured the eye and funding of main funds, together with KuCoin Ventures, Chain Capital, IDG Capital, Cointelegraph, JDI Ventures, and V3V Fund. Strategic partnerships with main gamers like AWS, Klaytn Basis, IoTex, Waterdrip Capital, and Chain Catcher additional strengthen U2U’s ecosystem.

Marking a significant achievement, U2U efficiently launched its first DePIN Node Sale, promoting out 1,000 nodes inside simply 5 hours, demonstrating excessive demand and group belief within the community. U2U Community, a modular layer-1 blockchain with cutting-edge subnet expertise, is tailor-made for DePIN, offering a strong basis for decentralized infrastructure.

Key milestones embody a prepared mainnet supporting over 180,000 pockets addresses and the launch of the DePIN Subnet with the U2DPN product – boasting greater than 155,000 downloads, 59,000 contributor nodes, and 9,000 day by day energetic customers inside simply three months. Moreover, 80 dApps are dedicated to constructing on U2U, showcasing robust developer curiosity and community progress potential.

Are you able to share U2U Community’s This fall plan?

U2U may even associate with Coinlist – the highest 1 launchpad platform, to launch U2U Token. U2U may even proceed promoting DePIN Subnet Nodes to increase the community and contain extra members. Moreover, group engagement can be elevated by means of training, partnerships, and rewards. These efforts intention to drive the adoption of decentralized infrastructure and solidify U2U’s management within the DePIN house.

U2U Community can be proud to be a Strategic Associate of Vietnam Tech Affect Summit 2024 (VTIS 2024), the most important expertise occasion in South East Asia, the gateway to Vietnam’s expertise, hosted by SSI and co-hosted by FPT, together with tech giants from across the globe – Binance, OKX, Bitget, BingX, Tether, Avalanche, and plenty of extra. VTIS 2024 will welcome over 20,000 attendees, 100+ audio system, and 200+ media companions, and 90% of members can be C-level from many tech large firms. 

As a Strategic Associate and the main DePIN layer 1 in Asia, U2U Community goes to host DePIN Alliance: Pioneering DePIN – Powering Affect, one of many Summit’s 4 phases, devoted to revolutionizing Decentralized Infrastructure, IoT, and Sustainable Networks. On this unique stage, the Startup Showcase can be anticipated by all startups and would be the final platform for groundbreaking startups to shine. 

Startups will compete for a grand prize pool of $666,000, together with hundreds of credit from a number of esteemed Occasion companions and the prospect to current their visionary DePIN options to an viewers of elite international VCs and business leaders. 

About The Creator

Victoria is a author on quite a lot of expertise subjects together with Web3.0, AI and cryptocurrencies. Her in depth expertise permits her to jot down insightful articles for the broader viewers.

Extra articles

Victoria d’Este