What is proof-of-Utilization?

The ThreeFold Grid employs a unique mechanism called Proof of Utilization to track and measure resource utilization within its decentralized network. This system records resource usage on an hourly basis and serves as a transparent and reliable way to validate and verify the utilization of various components of the grid.

The Proof of Utilization concept encompasses the monitoring and tracking of three key types of resources within the ThreeFold Grid:Compute Resources (CU), Storage Resources (SU), and Network resources (NU). These resources are essential for supporting the diverse needs of users and applications on the grid.

Updated on: 24/07/2024