Performance Analysis of Decentralized Physical Infrastructure Networks and Centralized Clouds (2404.08306v1)
Abstract: The advent of Decentralized Physical Infrastructure Networks (DePIN) represents a shift in the digital infrastructure of today's Internet. While Centralized Service Providers (CSP) monopolize cloud computing, DePINs aim to enhance data sovereignty and confidentiality and increase resilience against a single point of failure. Due to the novelty of the emerging field of DePIN, this work focuses on the potential of DePINs to disrupt traditional centralized architectures by taking advantage of the Internet of Things (IoT) devices and crypto-economic design in combination with blockchains. This combination yields Acurast, a more distributed, resilient, and user-centric physical infrastructure deployment. Through comparative analysis with centralized systems, particularly in serverless computing contexts, this work seeks to lay the first steps in scientifically evaluating DePINs and quantitatively comparing them in terms of efficiency and effectiveness in real-world applications. The findings suggest DePINs' potential to (i) reduce trust assumptions and physically decentralized infrastructure, (ii) increase efficiency and performance simultaneously while improving the computation's (iii) confidentiality and verifiability.
- A. Sants, “How Cloud Computing became a Global Monopoly,” May, 2023, https://www.investorschronicle.co.uk/news/2023/05/09/how-cloud-computing-became-a-global-monopoly/.
- B. Edwards, S. Hofmeyr, and S. Forrest, “Hype and Heavy Tails: A Closer Look at Data Breaches,” Journal of Cybersecurity, vol. 2, no. 1, pp. 3–14, 12 2016.
- D. P. Mulligan, G. Petri, N. Spinale, G. Stockwell, and H. J. M. Vincent, “Confidential Computing - a Brave New World,” in 2021 International Symposium on Secure and Private Execution Environment Design (SEED), 2021, pp. 132–138.
- Christian Killer and Alessandro de Carli and Pascal Brun and Amadeo Victor Charlé and Mike Godenzi and Simon Wehrli, “Acurast: Decentralized Serverless Cloud,” December 2023.
- “Hivemapper,” https://hivemapper.com/explorer.
- J. C. CFA and B. Chen, “DePIN: An Emerging Narrative,” Binance Research, Tech. Rep., January 2024.
- X. Fan and L. Xu, “Towards a Rollup-Centric Scalable Architecture for Decentralized Physical Infrastructure Networks: A Position Paper,” in Proceedings of the Fifth ACM International Workshop on Blockchain-Enabled Networked Sensor Systems, ser. BlockSys ’23. New York, NY, USA: Association for Computing Machinery, 2024, p. 9–12.
- M. C. Ballandies, H. Wang, A. C. C. Law, J. C. Yang, C. Gösken, and M. Andrew, “A Taxonomy for Blockchain-based Decentralized Physical Infrastructure Networks (DePIN),” arXiv preprint 2309.16707, 2023.
- X. Fan and L. Xu, “Towards a Rollup-Centric Scalable Architecture for Decentralized Physical Infrastructure Networks: A Position Paper,” in Proceedings of the Fifth ACM International Workshop on Blockchain-enabled Networked Sensor Systems, 2023, pp. 9–12.
- D. Sarkar, “Generalised depin protocol: A framework for decentralized physical infrastructure networks,” arXiv preprint 2311.00551, 2023.
- L. Icking, P. Felicio, S. Welde, J.-P. Doyen, R. Keenan, T. Nigg, and D. Ammann, “Onocoy: Enabling mass adoption of high precision gnss positioning using web3,” 2023.
- J. Guo, Q. Guo, C. Mou, and J. Zhang, “A Mean Field Game Model of Staking Systemand A Reinforcement Learning Framework for Parameter Optimization,” 2024.
- “Filecoin,” https://filecoin.io.
- IoTeX, “Connecting the Real World to Web3,” https://iotex.io/.
- IOTA, “An Open, Feeless Data and Value Transfer Protocol,” https://www.iota.org/.
- The Helium Network, “People-Powered Networks,” https://www.helium.com/.
- MXC Foundation, “Welcome to the MXC Foundation,” https://www.mxc.org/.
- Streamr, “Decentralized Data Broadcasting,” https://streamr.network/.
- J.-E. Ekberg, K. Kostiainen, and N. Asokan, “The untapped potential of trusted execution environments on mobile devices,” IEEE Security & Privacy, vol. 12, no. 4, pp. 29–37, 2014.
- P. T. Maxime Rossi Bellom, Damiano Melotti, “2021: A Titan M Odyssey,” 2021.
- J. Han, S. Huang, and Z. Zhong, “Trust in DeFi: An Empirical Study of the Decentralized Exchange,” Available at SSRN 3896461, 2022.
- “Google Cloud Platform,” https://cloud.google.com/.
- Hurricaine Electric, “Hurricane Electric BGP Toolkit,” 2024, https://bgp.he.net/.
- Jan von der Assen, “Submission to DePIN 2024 (ICBC Workshop)),” https://github.com/d3pin/perf-analysis/releases/tag/submission.
- HPE, “AMD EPYC 7502P 2.5GHz 32-core 180W Processor Kit for HPE,” 2024, https://buy.hpe.com/.
- Amazon, “Building Sustainable, Efficient, and Cost-Optimized Applications on AWS,” 2023, https://aws.amazon.com/blogs/compute/building-sustainable-efficient-and-cost-optimized-applications-on-aws/.
Paper Prompts
Sign up for free to create and run prompts on this paper using GPT-5.
Top Community Prompts
Collections
Sign up for free to add this paper to one or more collections.