What is Pell Network? Pell serves as a Omnichain Restaking Network designed to simplify the provision of cryptoeconomic security (universal trust network) using BTC and its Liquid Staking Derivatives (LSD). Pell plugs the gap in ecosystem security, reduces cost to build decentralized applications and offers passive income for BTC holders. It opens up new possibilities for developers to seamlessly and securely create innovative infrastructure designs.
Pell allows protocols to leverage robust and secure trust networks from the outset, significantly lowering the barriers to securing new protocols. This eliminates the need for protocols to incentivize their own validator sets with highly dilutive reward mechanisms, making the process of bootstrapping security more scalable, accessible, and affordable.
Why Pell Network Stands Out Solving AI’s Biggest Bottleneck: The demand for AI computing power is skyrocketing. Pell Network provides a decentralized solution, reducing dependency on expensive centralized cloud services.
Interoperability with Web3: Pell Network integrates seamlessly with blockchain projects, enhancing the efficiency of smart contracts and decentralized applications (dApps).
Fair and Open Economy: Unlike traditional cloud providers, Pell Network allows anyone to participate, making high-performance computing accessible to all.
submitted by /u/TheExorcism
[link] [comments]
Join The SmashBotAI Telegram Community Now! Get trade alerts, smashable token trade ideas, and more!
https://t.me/smashbotcommunity
Start Trading Now:
SmashBotAI Telegram Bot
Claim Your $SMASH Airdrop Now!
