Rendercoin Whitepaper (2023 Update)
The Render Network is powering the rise of an open and decentralized ecosystem of connected 3D digital assets – a technological revolution that is redefining how we create, interact with, and monetize digital content. As our lives become more digital, from the surge in mobile media to developers crafting new augmented and virtual realities, our engagement with computer-generated worlds is becoming increasingly immersive. With artists and media companies embracing novel methods of content creation, the complexity faced by content creators and editors is escalating. Large-scale computation tasks and the demand for real-time virtual experiences necessitate not just additional resources, but also innovative ways to exchange digital content.
The Render Network is built to provide a platform for a wide array of computation tasks – from basic rendering to machine learning training to complex calculations – which are facilitated swiftly and efficiently in a blockchain-based peer-to-peer network, free from error or delay, while ensuring secure property rights. In order to realize the promise of next-generation immersive computing, the tools for digital creativity and innovation need to be democratized.
This is the mission of the Render Network.
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Old Whitepaper
We are on the cusp of a technological transformation of our very view of reality, affecting everything from computation to physics. Everything is becoming more virtual, from people on the street glued to their smartphones to engineers producing new realities, augmented and virtual, that allow us to immerse ourselves in new computer-generated worlds. As entertainment companies adopt these new ways of producing new visual effects, content creators and editors find themselves facing new dimensions of complexity. However, larger and more complex jobs spanning thousands of frames across time (for animations) and space (for VR walkthroughs) require external servers and additional resources. No system has existed that scales rendering speed across many dimensions of work in order to allow content creators to tap into the vast pool of graphics cards from an online network. Imagine the possibilities in a world where physically correct rendering tasks are completed quickly and efficiently in a blockchain based peer-to-peer network with no error or delay and with securely protected property rights. We have already innovated the process of rendering reality to new, unprecedented levels. Now we innovate the rendering ecosystem. Welcome to the future – the age of the Render Token (RNDR).
rendercoin Website
rendercoin Whitepaper
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