At a recent event, Diarmuid Daltún and Florin Dzeladini, the respective Co-Founder and Blockchain Lead at DeepSquare spoke to As a sustainable, decentralised cloud ecosystem, DeepSquare is on a mission to enable high-performance computing centred around a blockchain protocol, it reports.

Alongside high-performance computing, DeepSquare is a non-profit organisation that has a strong focus on transparency, fair pricing, sustainability, and of course, a cloud ecosystem that can also support Web applications and Web 3.0 dApps. This is an exciting time for the industry, discussed the revolutionary digital ecosystem that DeepSquare is building.

There are currently many companies that provide both high-performance computing and cloud computing services – however, there are several factors that make DeepSquare stand out from their centralised competition:

“Companies like AWS, Google Compute, and Microsoft Azure provide a service. Even though they have a distributed network, it is, of course, a central organisation.”

“It can be decided, in the blink of an eye and without any fault of your own, that you can no longer run your business on something, or you find that it’s not transparent, or that you’re locked into a particular experience. And this indeed, is where we differ.”

Diarmuid expresses the importance of DeepSquare being a truly decentralised community-owned project; end customers must have the choice in how they wish to participate, knowing that they can move and change whilst having the utmost transparency over transactions. This fluidity is sure to attract a greater user base.

DeepSquare is focused on giving power to the community – allowing for a community-driven approach to governing their cloud ecosystem. With there being a magnitude of possibility in the concept of decentralisation, DeepSquare is making this one of its primary goals:

“We have a path to decentralisation, and that is indeed the goal. But there is a custodial board at the moment to help make decisions in the earlier stages.”

“This blockchain is currently running as an avalanche subnet. So, we decided that when you develop your blockchain, you need to have a certain number of validators to ensure that your consensus is robust. And I think that now we have a very strong L one layer, as we call them, that have a good level of decentralisation – and avalanche is one of them.”

Read more.


May 2024


Recent Comments