...
...
Haider Jamal

Dec 20, 2024

Nexus Attracts Over 1.5M Nodes During Successful Testnet

Nexus has successfully attracted over 1.5 million nodes by 187 countries during a five-day testnet event. Nexus is building a supercomputer aimed at consolidating computing power through global computers and mobile devices to create what they call a Verifiable Internet. In June, the company secured $25 million in Series A funding to advance its project.

 

Initial Excitement

During the testnet, approximately 800,000 web nodes and 700,000 command-line interface nodes were activated, with over 100,000 nodes running concurrently at full capacity. Nexus described the results as showing early excitement for a shared supercomputer.

Running between December 9th-13th, the Nexus zkVM testnet highlighted the global demand for trust-driven AI innovations, according to CEO Daniel Marin. He noted that while the testnet proved the concept, there is still work to be done to scale the network globally. The testnet results also revealed that around 37% of the traffic came via mobile devices. In some countries like Ethiopia and Poland, mobile interactions outpaced desktop participation.

 

The Race Is On

Despite the decentralized nature of the network, Nexus maintains tight control over the usage of the supercomputer. According to Marin, the company selects the programs to run on the network but will review and consider submissions for new programs.

The CEO also acknowledged that Nexus is not the first to harness distributed computing power. SETI@home, a project at UC Berkeley that used Internet-connected computers to search for extraterrestrial intelligence, concluded in 2020. More recently, projects like Internet Computer, Golem Network, and Zennet have been developing similar decentralized infrastructure.

 

Top News


cw-icon 34 months ago
Read more latest news

Press Releases

...
Terra
Do Kwon Trial Begins Despite The Founder

8 months ago Mar 26, 2024

The civil fraud trial involving Ter... Read more

...
Goldman
Goldman Sachs Clients Look To Get Back

8 months ago Mar 25, 2024

Institutional clients served by the... Read more

...
Payments
New Payment Limit For Crypto Wallets Scrapped

8 months ago Mar 25, 2024

The recent Anti-Money Laundering re... Read more

...
Bitcoin
Bitcoin Undergoes Price Correction As International Economies

8 months ago Mar 24, 2024

A significant portion of the crypto... Read more

Join Our Newsletter

Get the latest trends and updates on our crypto community.