Octa.Space (OCTA) is a project that's been in development for a little over 2 years, with the aim to provide distributed computing resources.
We have recently launched our mainnet on June 19 2022 and made the following functionalities available:
1. CPU rental for high-priority CPU-bound workloads such as Search algorithms, Video/Audio/Content conversion/compression algorithms, Video streaming, Heavy mathematical computations etc.
2. GPU rental for GPU acceleration, modeling, rendering, Machine Learning, etc.
3. VPN - Availability of VPN with the option to choose from; wireguard, shadowsocks with v2ray plugin, and OpenVPN.
All these services are provided by community nodes that are set up (The node owner determines the price for the rental) and payment of services by those renting the service is done in the native coin (OCTA) to the node owner.
Layer 1 blockchain network (PoW) is used for the financial operations using OCTA cryptocurrency. To reduce operational costs, decrease commissions and increase the speed of transactions the dedicated layer 2 (PoA) network is used.