Farming is when you validate transactions and store data on the network. Autonomys Net participants receive rewards in Auto Coin $ATC, it is similar to Bitcoin ($BTC ) mining, but farming focuses on validating and storing data. The process helps make the network secure and well-functioning.
The Dilemma
Farmers on Autonomys Net must find a way to keep the blockchain secure while storing data and earning rewards. They use a system called Proof-of-Archival-Storage (PoAS), which asks them to store data securely and efficiently. They must decide between storing data and earning rewards. The best decision is to balance everything so that the network works well and they receive fair rewards.
The Challenge
The challenge of the farmer's dilemma is to balance between storing data and earning rewards. If many seek rewards without saving data, the network will be less efficient and secure, but saving data can be expensive and difficult. This balance is key to the functionality and security of the blockchain network.
The Subspace Protocol
Autonomys, using the Subspace protocol, allows farmers to store blockchain history in an efficient, secure and decentralized manner.
Benefits of Autonomys and Subspace in farming
Autonomys and Subspace are technologies that solve the Farmer's Dilemma in decentralized AI applications. They secure data and compute power efficiently and securely. They create a strong, decentralized infrastructure that allows AI to be developed and operated without relying on central entities. Distribute storage and computation, and ensure interactions with verifiable identities.
AutonomysHub
AutonomysHub is a #SocialMining hub at @DAO Labs , with the purpose of helping spread the knowledge of Autonomys Net and its ecosystem. #AutonomysHub allows participants to create content on social networks and receive rewards for their contributions.
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