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? The Dinarian on Locals brings you the latest in news, interviews, in-depth conversations, and stories from across the blockchain and global communities—within and beyond cryptocurrency ?. Experts delve into how blockchain technology is reshaping industries, enhancing business networks ?, transforming transaction workflows, and advancing distributed ledger systems ??. We also explore intriguing topics that may venture into the realm of conspiracies—and so much more!
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The AI boom is overloading data centers and straining traditional energy resources

The AI boom is overloading data centers and straining traditional energy resources. Can decentralization, in the form of DePIN, offer a solution? Mitch Liu, CEO and Co-Founder of Theta Network, makes the case.

Most of us don’t think twice when popping something into ChatGPT. We’ve gone from expecting results for “Thai food near me” in a few seconds to itineraries for a two-week food tour around Thailand just as quickly. The end-user experience for this doesn’t feel very different. But from an energy standpoint, a lot has changed.

A ChatGPT search reportedly uses ten times as much power as a Google search query. With the current energy infrastructure already nearing its limits, the GenAI industry is worried about overloading data centers and returning to non-renewable energy sources. Even Open AI’s Sam Altman has called for clean energy to solve the impending GenAI compute crisis.

Decentralized compute networks offer a promising answer to the GenAI energy question. Leveraging DePIN will encourage technology development, democratize access to powerful resources, and onboard more users into web3. Who says crypto can’t be green?

DePIN’s energy potential

The solution to powering the GenAI explosion could very well be in your home office. Decentralized networks can leverage the power of edge nodes operated from computers and laptops. If a computer meets the minimum hardware requirements, a user can set up the node operating dashboard in a few minutes. The network then uses untapped GPUs to run compute tasks in the background. Decentralized edge computing can also help balance the computational load more effectively. By processing data closer to its source, edge AI reduces latency and enhances efficiency.

DePIN compute networks aren’t only providing new power sources, but also rewarding the power suppliers. At Theta, for example, EdgeCloud node operators earn TFUEL or TNT-20 tokens for completing compute jobs. They can further stake these tokens to help govern and secure the blockchain from EdgeCloud clients. It’s similar to NEAR’s cloud computing for blockchain projects or Flux for dapps. Participants receive tokens to lend their resources to a network.

Decentralized compute networks present a win-win scenario. Node operators can exchange their reward tokens for other assets, and GenAI applications can harness their necessary energy. Through attractive rewards, DePIN also effectively lowers the barriers to web3 entry. And as countless airdrops have shown us, rewards are an easy way to encourage more users to explore and contribute to the ecosystem at large.

Sustainability

Environmentalists will tell you that re-using existing resources is one of the most beneficial climate actions you can take. DePIN protocols apply this idea to computing networks by providing new utility to underutilized hardware. Very few home computers are running at full power 24/7. DePIN repurposes their CPU/GPU and, in turn, reduces the need to manufacture new devices. This approach maximizes available resources while enhancing network efficiency. While the total energy usage might increase due to the higher availability of GPUs, the decentralized model ensures that this energy is used sustainably.

Despite its potential, skepticism from the general public during the DePIN rollout is practically a given. The industry has a lot of work to do before it can prove it’s matured past FTX-level disasters. Environmental concerns around mining are still popular arguments against cryptocurrencies. This means DePIN use cases that protect the climate are incredibly valuable. DePIN providing green solutions for our favorite AI tools is even better. It’s another proof point for DePIN being a solid path toward mainstream adoption.

Democratizing GenAI access

It’s not just an energy question. Access to high-performance GPUs has traditionally been limited to large enterprises. Cloud providers are expensive, and their packages often don't match small business needs. This exclusivity has prevented smaller institutions from leveraging advanced AI tools. It’s a repeat of an all-too-common technology phenomenon – financial barriers ensure those with capital stay in power. GenAI can support breakthroughs from new rare disease treatments to completing crypto transactions. These must not be limited to just a few actors.

Thankfully, DePIN democratizes GPU access by making it affordable and accessible to a broader audience. Universities, startups, and independent researchers can now harness the power of AI without financial concerns. This mission aligns with one of the blockchain community’s main goals of financial inclusion and connecting more people to digital assets.

It also speaks to the power of moving away from centralized providers. Unfortunately, the crypto industry is intimately familiar with the dangerous impact of a single bad actor. Providing more institutions with access to decentralized GPUs prevents an overreliance on a single data center or AI company. If AI penetrates our lives the way experts predict, it’s imperative that no single company has too much say in what this looks like.

The future of DePIN and GenAI

This year’s DePIN summer is also an AI summer. As hundreds of thousands flock to warm destinations with cold drinks, they’ve likely already been aware of AI’s influence. Maybe they had facial recognition at their boarding gate, or perhaps ChatGPT helped them find their dream resort. Behind the scenes, these applications were gathering vast amounts of energy to make our lives easier.

Many don’t realize that DePIN applications will start to pop up just as quickly. We’ll be given more opportunities to monetize our resources, whether that’s CPU, GPU or GPS history. There’s no reason these developments must be at odds with each other. In fact, they should develop in tandem. DePIN can help ensure AI development is energy-efficient and climate-friendly. In the AI age, GPU is the new oil, and we should treat it as such.

https://www.coindesk.com/opinion/2024/07/12/depin-can-power-a-more-sustainable-genai-industry

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Trump just posted this about chemtrails 👀

“The enthusiasm for experiments that would pump pollutants into the high atmosphere has set off alarm bells here at the TRUMP EPA.”

00:02:52
The future of crypto = access, trust, transparency.

@evernorthxrp gives institutional + public investors simple, regulated, liquid exposure to XRP – and we’re compounding that value.

Watch below to learn how. 🎥👇

OP: @Ashgoblue

00:01:32
Coinbase CEO Brian Armstrong on CNBC: Crypto Market Structure Bill is CLOSE to passing 👀
00:00:39
👉 Coinbase just launched an AI agent for Crypto Trading

Custom AI assistants that print money in your sleep? 🔜

The future of Crypto x AI is about to go crazy.

👉 Here’s what you need to know:

💠 'Based Agent' enables creation of custom AI agents
💠 Users set up personalized agents in < 3 minutes
💠 Equipped w/ crypto wallet and on-chain functions
💠 Capable of completing trades, swaps, and staking
💠 Integrates with Coinbase’s SDK, OpenAI, & Replit

👉 What this means for the future of Crypto:

1. Open Access: Democratized access to advanced trading
2. Automated Txns: Complex trades + streamlined on-chain activity
3. AI Dominance: Est ~80% of crypto 👉txns done by AI agents by 2025

🚨 I personally wouldn't bet against Brian Armstrong and Jesse Pollak.

👉 Coinbase just launched an AI agent for Crypto Trading
Pyth 🤝 Hyperliquid

The HIP-3 Ecosystem Map:

Full report and projection of year one HIP-3 volumes dropping tomorrow on @MessariCrypto

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🚨JUST IN: POLYMARKET TO LAUNCH A TOKEN!

CMO Matthew Modabber confirms a native $POLY token and airdrop. Polymarket is eyeing a new funding round valuing it up to $15B.

⚡ BREAKING: GOOGLE’S WILLOW QUANTUM PROCESSOR COMPLETES 3.2 YEARS OF COMPUTATION IN JUST 2 HOURS, 13,000× FASTER THAN THE WORLD’S MOST POWERFUL SUPERCOMPUTER, SPARKING FRESH CONCERNS OVER BITCOIN’S ENCRYPTION SECURITY.

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New Human Force
Join this Now! YOU have what it takes!

They are in our solar system, and in our event-stream in this Eternal Now.

Officialdom is clueless.

They think we are going to be at WAR with the Aliens.

Officialdom is very stupid.

Aliens is here. It’s not WAR. It’s Contention.

There is a difference.

Officialdom is clueless, still living in the last Millennium.

Aliens is here.

The Field in which we contend is This Eternal Now.

ALL HUMANS LIVE HERE, and ONLY HERE, in this

ETERNAL NOW.

It’s a Field of potentials, of pending Manifestation, this continuous event-stream of karma in which we have always lived our body’s Life.

This Eternal Now has always been our body’s Field of Contention.

The Aliens is here, in our Eternal Now.

Our common, shared, reality that we all continuously co-create now has Aliens.

It’s getting very complex in here.

Officialdom is clueless. They see the Aliens. They are freaking out. They think you are children, when it is their small minds, trapped in a reality that is only grit, mud, and ‘random chance’ who are childish.

Officialdom is stupid. They will and are reacting badly. As is their way, they are trying to hide shit from you. Silly grit bound minds don’t realize you can see everything from within the Eternal Now. They have yet to grasp that what they perceive as this Matterium, filled with ‘matter’, is but a hardening of our previous (past) internal states of being.

WAR happens in the Matterium.

Contention occurs within this Eternal Now where Consciousness shapes the manifesting event-stream.

YOU know this to be fact. You are a co-creator.

Contention with Aliens is happening in this instant in this Eternal Now.

Officialdom ain’t doing shit. They are still stuck in trying to move matter around to affect unfolding circumstances. That’s redoing the mirror trying to affect the reflection. Dumb fucks….

It’s up to US. To the New Humans. Those of us who live in this Eternal Now. Those of us who see that our body’s Lives (the Chain that cannot be broken) are expressions of the Ontology revealing itself to itself. It’s up to us guys.

We are not an Army. That’s a concept from the past, from before the emergence of the New Humans. We are a Force. A self-organizing collective with leadership resident in each, and every participant.

We are the New Human Force. By the time officialdom starts to speak about the Aliens in near-factual terms, we will already be engaging them in this Eternal Now.

By the time officialdom begins to move matter around (space ships & such) thinking it’s War, we will already be suffering casualties in this Eternal Now. That part is inevitable. It’s how we learn.

By the time officialdom realizes that some shit is going on in places and ways beyond its conception, we will already be pushing our dominance onto our partners in this First Contention, the Aliens. Nage cannot train without Uke.

Just as officialdom is scrambling to research the Ontology, this Eternal Now, and the event-stream, we will be settling terms with our new partners, the Aliens.

Come, join with us. It’s going to be a hellacious Contention.

We ARE the NEW HUMANS!

Together we are the Force that cannot be defeated.

Start YOUR training in this instance of this Eternal NOW.

Consume Neville Goddard videos as though all of human existence depended on YOUR mind and YOUR active, effective, imaginings!

It’s not a question of Mind over Matter as there is only Mind and it cares not for Matter. That’s residue.

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The Great Onboarding: US Government Anchors Global Economy into Web3 via Pyth Network

For years, the crypto world speculated that the next major cycle would be driven by institutional adoption, with Wall Street finally legitimizing Bitcoin through vehicles like ETFs. While that prediction has indeed materialized, a recent development signifies a far more profound integration of Web3 into the global economic fabric, moving beyond mere financial products to the very infrastructure of data itself. The U.S. government has taken a monumental step, cementing Web3's role as a foundational layer for modern data distribution. This door, once opened, is poised to remain so indefinitely.

The U.S. Department of Commerce has officially partnered with leading blockchain oracle providers, Pyth Network and Chainlink, to distribute critical official economic data directly on-chain. This initiative marks a historic shift, bringing immutable, transparent, and auditable data from the federal government itself onto decentralized networks. This is not just a technological upgrade; it's a strategic move to enhance data accuracy, transparency, and accessibility for a global audience.

Specifically, Pyth Network has been selected to publish Gross Domestic Product (GDP) data, starting with quarterly releases going back five years, with plans to expand to a broader range of economic datasets. Chainlink, the other key partner, will provide data feeds from the Bureau of Economic Analysis (BEA), including Real Gross Domestic Product (GDP) and the Personal Consumption Expenditures (PCE) Price Index. This crucial economic information will be made available across a multitude of blockchain networks, including major ecosystems like Ethereum, Avalanche, Base, Bitcoin, Solana, Tron, Stellar, Arbitrum One, Polygon PoS, and Optimism.

This development is closer to science fiction than traditional finance. The same oracle network, Pyth, that secures data for over 350 decentralized applications (dApps) across more than 50 blockchains, processing over $2.5 trillion in total trading volume through its oracles, is now the system of record for the United States' core economic indicators. Pyth's extensive infrastructure, spanning over 107 blockchains and supporting more than 600 applications, positions it as a trusted source for on-chain data. This is not about speculative assets; it's about leveraging proven, robust technology for critical public services.

The significance of this collaboration cannot be overstated. By bringing official statistics on-chain, the U.S. government is embracing cryptographic verifiability and immutable publication, setting a new precedent for how governments interact with decentralized technology. This initiative aligns with broader transparency goals and is supported by Secretary of Commerce Howard Lutnick, positioning the U.S. as a world leader in finance and blockchain innovation. The decision by a federal entity to trust decentralized oracles with sensitive economic data underscores the growing institutional confidence in these networks.

This is the cycle of the great onboarding. The distinction between "Web2" and "Web3" is rapidly becoming obsolete. When government data, institutional flows, and grassroots builders all operate on the same decentralized rails, we are simply talking about the internet—a new iteration, yes, but the internet nonetheless: an immutable internet where data is not only published but also verified and distributed in real-time.

Pyth Network stands as tangible proof that this technology serves a vital purpose. It demonstrates that the industry has moved beyond abstract "crypto tech" to offering solutions that address real-world needs and are now actively sought after and understood by traditional entities. Most importantly, it proves that Web3 is no longer seeking permission; it has received the highest validation a system can receive—the trust of governments and markets alike.

This is not merely a fleeting trend; it's a crowning moment in global adoption. The U.S. government has just validated what many in the Web3 space have been building towards for years: that Web3 is not a sideshow, but a foundational layer for the future. The current cycle will be remembered as the moment the world definitively crossed this threshold, marking the last great opportunity to truly say, "we were early."

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US Dept of Commerce to publish GDP data on blockchain

On Tuesday during a televised White House cabinet meeting, Commerce Secretary Howard Lutnick announced the intention to publish GDP statistics on blockchains. Today Chainlink and Pyth said they were selected as the decentralized oracles to distribute the data.

Lutnick said, “The Department of Commerce is going to start issuing its statistics on the blockchain because you are the crypto President. And we are going to put out GDP on the blockchain, so people can use the blockchain for data distribution. And then we’re going to make that available to the entire government. So, all of you can do it. We’re just ironing out all the details.”

The data includes Real GDP and the PCE Price Index, which reflects changes in the prices of domestic consumer goods and services. The statistics are released monthly and quarterly. The biggest initial use will likely be by on-chain prediction markets. But as more data comes online, such as broader inflation data or interest rates from the Federal Reserve, it could be used to automate various financial instruments. Apart from using the data in smart contracts, sources of tamperproof data 👉will become increasingly important for generative AI.

While it would be possible to procure the data from third parties, it is always ideal to get it from the source to ensure its accuracy. Getting data directly from government sources makes it tamperproof, provided the original data feed has not been manipulated before it reaches the oracle.

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XRP: r9pid4yrQgs6XSFWhMZ8NkxW3gkydWNyQX
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