Pavel Durov Cocoon AI Network Goes Live: GPU Owner Reward With TON

Pavel Durov Latest Cocoon AI Network: Features, Benefits, GPU Earnings

Telegram creator Pavel Durov has introduced Cocoon, an AI compute network based on TON, which is decentralized and offers fully private Artificial Intelligence processing, with owners of GPUs earning cryptocurrency.

Latest Launch by Telegram Founder Pavel Durov, COCOON.

Recently, Pavel Durov announced the release of Cocoon, a decentralized confidential Artificial Intelligence compute network based on the TON blockchain. 

Cocoon is a company that focuses on offering AI services with 100% user privacy, unlike centralized services such as Amazon and Microsoft, which serve as the middlemen and tend to invade privacy. 

Source: Official X

The network enables developers to utilize the resources of GPUs directly and also allows the owners of the GPUs to earn TON tokens through contributing their computing capabilities. 

The first significant customer will be Telegram itself, which will incorporate Cocoon to run its personal AI-applications, such as message translation and other secret in-app services, to push the usage into its large user base.

What is Cocoon AI Network?

Cocoon is a decentralized AI compute marketplace, which is also called the Confidential Compute Open Network, and is powered by TON. It links the providers of GPUs to the developers of the apps, and models can be implemented privately without revealing user data. 

The company provides complete confidentiality and verifiability of computations by utilizing Trusted Execution Environments (TEEs) such as Intel TDX.

Source: Official Website 

The developers can obtain low-cost compute power without using costly centralized providers, and the owners of GPUs receive TON as a reward.

Telegram is the first significant user of the network, which assists in boarding GPU supply and application developers, building an ecosystem that values privacy, efficiency, and decentralization.

Features of Cocoon

• Complete decentralized AI compute net on TON.

• Fills in the processes of user requests in full confidentiality.

• Owners of GPUs receive TON tokens as a reward for providing computing power.

• TEEs provide verifiable privacy.

• Telegram integration is in favor of personal artificial intelligence and the developer's request.

Benefits

Cocoon lowers expenses by removing intermediaries, keeps user data private via confidential computing, and offers a decentralized, scalable platform to both developers and GPU providers.

Source: Website

What about GPU Owners?

Cocoon stack can be deployed on TEE-enabled servers by the GPU owners to offer Artificial Intelligence compute power in a private manner. Clear payments are made to them whenever an AI request is handled. 

Contributing, the owners of GPUs can get monetization of idle computing capacity and an ecosystem that is privacy-oriented. The first users have already begun earning tokens, which attracts even more GPU providers. 

The system will guarantee that the contributions made by GPUs are fully verifiable and confidential, which will provide a secure, trustless means of engaging in AI-processing and earn cryptocurrency.

Source: X

Public Reaction

The company has been embraced by crypto and Telegram enthusiasts. Its privacy-first nature was applauded by many, and it was compared to ChatGPT in Telegram. Users are interested in technical aspects such as confidential virtual machines, and GPU owners are ready to make money on TON tokens by serving AI compute requests. On the whole, the launch has created a favorable hype and expectations of future AI capabilities.

Final Thoughts

This latest launch of Telegram is at the centre of decentralization, enabling privacy, blockchain, and monetization opportunities to GPU providers, and enabling developers and users with confidential computing.

Disclaimer: This article is for informational purposes only and does not constitute financial advice