How TensorNode Works?
The Ethereum-Based Marketplace for Trading Excess CPU, GPU, and Storage Resources
a. Resource Listing: - Sellers list their computing resources on the TensorNode platform, specifying details like resource type, capacity, and pricing. - Listing information is stored on IPFS for transparency and accessibility.
b. Resource Discovery: - Buyers can browse available resources using the TensorNode platform or through external applications using APIs. - Decentralized oracles provide real-time information on resource availability and pricing.
c. Smart Contract Execution: - Smart contracts execute resource transactions, ensuring the secure transfer of tokens and resources between buyers and sellers. - Escrow mechanisms are implemented to protect both parties during the transaction process.
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Resource Listing: Users looking to monetize their excess computing power can list their available resources on the TensorNode marketplace. This includes specifications such as processing power, storage capacity, and GPU capabilities.
Resource Discovery: Users seeking computing resources can browse the marketplace to find suitable options based on their specific requirements. The platform employs search algorithms to match demand with available resources efficiently.
Smart Contract Execution: Upon finding a suitable match, the involved parties engage in a smart contract. The smart contract outlines the terms of the transaction, including resource specifications, pricing, and duration. Once agreed upon, the smart contract is executed automatically.
Resource Utilization: The buyer gains access to the purchased computing resources for the agreed-upon duration. The smart contract ensures that payments are made as per the terms, and the seller is compensated for the resources utilized.
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