Servzi

Servzi is a decentralized cloud computing platform designed to enable users to rent out their idle computing resources, such as CPU, GPU, and storage, to others in exchange for cryptocurrency. Launched in 2017, the project aims to create a peer-to-peer (P2P) marketplace where individuals and organizations can monetize unused computational power while accessing scalable cloud services at lower costs.

The platform operates on a blockchain-based system, leveraging smart contracts to facilitate transactions and ensure transparency. Users who contribute resources, known as "hosts," can earn cryptocurrency tokens (originally SZC, later transitioned to a different token) for their contributions. Those in need of computing power, referred to as "users," can rent these resources on-demand, paying for usage with cryptocurrency.

Servzi emphasizes security and efficiency by implementing encryption and decentralized storage solutions. The network is built on a hybrid architecture, combining public and private cloud elements to optimize performance while maintaining privacy. The project has been explored as a potential alternative to traditional cloud providers, particularly for tasks requiring high computational power, such as machine learning, rendering, or scientific simulations.

While Servzi has garnered interest for its innovative approach to resource sharing, its adoption has been limited compared to established cloud platforms. Challenges include scalability, competition from well-established providers, and the need for users to manage their own infrastructure. Despite these hurdles, the concept of decentralized cloud computing remains a topic of discussion in blockchain and distributed systems communities.