Marketplace Dynamics

The TensorNode marketplace allows resource providers to list their available computing resources, specifying parameters such as processing power, storage capacity, and pricing. Buyers can browse listings and initiate transactions through smart contracts.

Payment and Settlement: Transactions on TensorNode are settled in TensorNode tokens. Smart contracts automatically execute payments upon the completion of computing tasks, ensuring a fair and transparent compensation mechanism for resource providers.

Dispute Resolution: In the event of disputes, TensorNode employs a decentralized arbitration mechanism, utilizing a network of nodes to resolve conflicts fairly. This ensures that both buyers and sellers have a mechanism for dispute resolution without relying on a centralized authority.

• Buyers: Individuals or organizations seeking additional computing power can purchase resources using TensorNode. They can specify requirements such as CPU power, GPU capabilities, and storage capacity.

• Sellers: Users with excess computing resources can list their capabilities on the marketplace and set their own prices. TensorNode's decentralized reputation system ensures that reliable and high-quality resources are rewarded.