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Bitcoin L2 Project BVM announced a collaboration with Solana’s DePIN protocol io.net to leverage the power of decentralized GPU clusters.
Bitcoin (BTC), the big cheese of the crypto industry, decided to expand its roots and announced the integration of BVM with Solana’s DePIN protocol io.net. The purpose is to use the power of decentralized GPU clusters to the fullest and offer a seamless working environment to developers and users.
Bitcoin L2 Project Integration With io.net
Bitcoin L2 project Bitcoin Virtual Machine (BVM) announced its integration with io.net to utilize the power of decentralized GPU clusters. Solana’s DePIN protocol io.net delivers ML Engineers/Developers an effortless cloud experience with high-level scalability for inference/ training on different Artificial Intelligence (AI) and Machine Learning (ML) applications.
BVM used the social media platform X to announce the same.
NEW MODULE: https://t.co/bIih7oWzzb
— Bitcoin Virtual Machine (@BVMnetwork) April 13, 2024
This integration between @BVMnetwork with @ionet opens doors for modular Bitcoin L2 blockchains to leverage the potential of decentralized GPU Clusters.
IO Cloud by @ionet offers ML Engineers/Developers a seamless cloud experience with… pic.twitter.com/pXeVrtOMLo
The partnership between both platforms will strengthen the Bitcoin L2 blockchain, Eternal AI, and an open AI infrastructure of BTC, mainly designed for AI smart contracts and model storage. Additionally, there are over 3,800 user-generated models in the pre-launch phase, and the platform capacity demand is anticipated to be enhanced fourfold after testing.
Solana’s DePIN protocol io.net, on the other hand, delivers developers a seamless cloud experience with infinite scalability for training and inference. The protocol is constructed for optimal performance and user-friendly operations, delivering unparalleled computing potential.
Solana’s DePIN Protocol io.net
Solana is drawing a lot of attention with its potent set-up and active community of developers. It’s becoming a go-to place for DePIN projects, which are in various stages of growth. Well-known for its versatility and thriving DeFi and NFT sectors, Solana’s leadership in the DePIN area is impressive. Many see DePIN as a promising area for Solana.
Io.net is creating a network that combines computing power from different places to help with ML. The network is doing this by combining the power of GPUs from data centers, crypto miners, and companies like Render, making a name for themselves as a ‘GPU Aggregator.’
Bitcoin Vs. Solana
According to CoinMarketCap data, the current BTC price is $64,650.30, after a down of 3.95% in one day. It has a market cap of $1,272,191,416,087 and $59,850,232,205 in 24-hour volume.
Solana (SOL) is trading at $144.35 after a decline of 4.67% in 24 hours. The coin has a market cap of $64,364,443,236 and $10,047,583,931 in 24-hour volume.
Amanda Shinoy is one of the few women in the space invested knee-deep in crypto. An advocate for increasing the presence of women in crypto, she is known for her accurate technical analysis and price prediction of cryptocurrencies. Readers are often waiting for her opinion about the next rally. She is a finance expert with an MBA in finance. Quitting a corporate job at a leading financial institution, she now engages herself full-time into financial education for the general public.
