RyxNode

RyxNode is a decentralized computing platform that enables users to share idle processing power for distributed tasks. Developed by the open‑source organization Ryx Labs, it launched publicly in 2023 as a fork of the Catalyst Project, aiming to improve on its predecessor’s scalability and consensus efficiency. The system uses a proof‑of‑resource (PoR) mechanism, where participants earn RyxTokens by contributing CPU cycles, GPU memory, or network bandwidth. Transactions are executed on a privacy‑preserving blockchain, and PoR consensus is validated through random sampling of active nodes.

Core components of RyxNode include the RyxCore daemon, a lightweight client that runs on Linux, Windows, and macOS, and the RyxNode Manager, a web interface for monitoring node performance and earnings. The platform supports task types such as scientific simulation, 3D rendering, and blockchain indexing. Developers can create custom tasks using the RyxSDK, which integrates with existing data‑processing pipelines.

Since its release, RyxNode has attracted a community of 4,500 active nodes, contributing an estimated 120 petaflops of cumulative compute power. The platform’s token economics were designed to provide a steady supply of rewards while preventing centralization; a 2% transaction fee is redistributed to node operators. Ryx Labs maintains a quarterly roadmap, with upcoming releases promising adaptive load balancing, support for edge computing devices, and enhanced security via homomorphic encryption.

RyxNode is incorporated under the MIT license and its source code is available on GitHub. The project collaborates with academic institutions to provide computational resources for research projects.