What is Happening? , a decentralized network and DAO, is building a peer-to-peer cloud computing network. The application provides an assisted cloud computing and hosting network to support decentralized applications in a censorship-free environment. The recent US sanctioning of Tornado Cash and the reaction from various crypto projects demonstrate how crypto is still incredibly susceptible to centralized entities. Due to this, the development of decentralized cloud computing and storage facility is critical for building the fundamental infrastructure for DeFi which is censorship resistant. Tomi Vested Interest Disclosure: The author is an independent contributor publishing via our brand-as-author program. Be it through direct compensation, media partnerships, or networking. The author has a vested interest in the company/ies mentioned in this story. HackerNoon has reviewed the story for quality, but the claims hereon belong to the author. #DYOR What is Cloud Computing? Computing in the cloud refers to the on-demand provisioning of information technology resources through the internet. Computing power, storage space, and database access may all be accessed on demand from a cloud provider like Amazon Web Services, IPFS, Azure, Infura, Arweave, and Tomi. This eliminates the need to invest in and manage costly on-premises infrastructure. It is critical to note that web3 developers can quickly experiment with new ideas and create practically anything users can think of with the cloud's convenient access to various technologies. Everything from computation, storage, and databases to the Internet of Things, machine learning, data lakes, and analytics can be spun up on demand for web3 applications. Due to this, cloud computing is critical for blockchain applications; however, a centralized solution exposes blockchain applications to cybersecurity risks such as hacks, exploits and data leaks of critical information which makes decentralized cloud computing and storage solutions critical for the web3 industry. What is Tomi MP1? The Tomi MP1 is a web3-connected machine that can carry out various tasks, including cryptocurrency mining, decentralized application development, 3D printing/rendering, artificial intelligence, ray tracing, and more. Moreover, each Tomi miner receives a certain amount of native tokens according to their contribution to the network. It is critical to note that there is a significant entrance hurdle for the typical user to construct a home mining machine at this time. Without adequate guidance from a professional, joining a mining pool is a multi-step procedure that begins with studying data, building equipment, and installing software. Plus, mining rigs are cumbersome to keep in a home, need constant attention, and pose a security risk. The Tomi supercomputer alleviates many problems that new entrants confront by delivering a computer that requires no maintenance or upkeep from the user. Since there are no reliable decentralized alternatives, centralized cloud computing providers like Infura, AWS and Microsoft Azure can ban access successfully. They demonstrate how easy it would be for governments or businesses to shut down blockchain networks defined by their internet protocol architecture. On the other hand, the Tomi MP1 Supercomputer is the first in a line of consumer computing devices that can do complex tasks like photo rendering, real-time ray tracing, accelerated artificial intelligence calculation, virtual reality applications, and graphics processing unit (GPU) mining that helps to support decentralized applications. About Tomi Tomi is a web3-based company that provides decentralized services such as decentralized storage and computing with assisted computing hardware. Tomi aims to expand solutions in decentralized cloud mining, storage and hosting to web3 startups seeking to build censorship-resistant applications. Final Thoughts on Tomi’s decentralized cloud computing network It is essential for DeFi apps to make use of decentralized cloud computing since it offers a censorship-resistant option for decentralized applications to run in an unrestricted setting. If the government and enforcement agencies cannot restrict the DeFi apps on an internet protocol level, then I believe they can function independently of the government and enforcement agencies such as the FBI and Interpol’s intervention. Don’t forget to like and share the story! Image credits: Jaffer Nizami.

The writer is smart, but don't just like, take their word for it. #DoYourOwnResearch

Amazon

Microsoft

An Intro to The Tomi MP1 and The Benefits It Holds

About Author

Comments

TOPICS

THIS ARTICLE WAS FEATURED IN

Related Stories

Untitled Story

$2M Backing and a Vision: How GAM3S.GG is Reshaping Web3 Gaming

(1/100) Crypto Countdown: Golem

A Research Report on the Trader $JOE DeFi Platform

07/03/2018: Biggest Stories in the Cryptosphere

05/02/2018: Biggest Stories in the Cryptosphere

$2M Backing and a Vision: How GAM3S.GG is Reshaping Web3 Gaming

(1/100) Crypto Countdown: Golem

A Research Report on the Trader $JOE DeFi Platform

07/03/2018: Biggest Stories in the Cryptosphere

05/02/2018: Biggest Stories in the Cryptosphere

Light-Mode

Classic

Newspaper

Dark-Mode

Neon Noir

Minty

HN StartUps