GPUBase Network Docs
  • Overview
  • Introduction
    • What is GPUBase Network
    • Vision and Mission
  • How It Works
    • User and Provider Interaction
    • Smart Contract Mechanisms
    • Payment and Transaction Flow
  • Platform Architecture
    • Decentralized Infrastructure
    • Key Components of the System
    • Workflow Overview
  • The GPUBase Token
    • Tokenomics
    • Total Supply and Distribution
    • Buy-Sell Tax
    • Utility of the Token
    • Economic Model
  • Provider App Guide
    • How to Set Up and Connect GPUs
    • Managing Resources and Availability
    • Monitoring and Revenue Tracking
  • Staking and Rewards
    • How to Stake Tokens
    • Reward Mechanism and Distribution
    • Benefits for Token Holders
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  1. How It Works

Smart Contract Mechanisms

The core of GPUBase Network's operation is powered by smart contracts. These contracts facilitate trustless, automated interactions and ensure that all transactions are secure and transparent:

  • Task Matching and Allocation: Once a user submits a task request, the platform’s matching algorithm identifies the most suitable provider based on criteria such as availability, performance, and location.

  • Transaction Automation: Smart contracts initiate agreements between users and providers, ensuring that payment terms and task requirements are met without manual intervention.

  • Payment and Security: The use of blockchain-backed smart contracts ensures that payments are only processed once tasks are completed as agreed, adding a layer of trust and security to the ecosystem.

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Last updated 7 months ago