Didn't sfcompute launch with a vision of something like this and then cancel it because CFTC decided it was running an unregulated futures exchange? How are you getting around regulatory issues like this?
Good question. this is something we built around from day one. Users pay 100% up front for specific nodes on the exact weeks they want. No leverage, no margin, no cash settlement. This is honestly not that much different from you booking a hotel.
Great question. When we list a capacity from a provider, the capacity lists only after it's contracted and attested, and the provider guarantee travels with the claim. If delivery fails, that's on us to remedy, not on the buyer to chase a stranger.
Interesting approach. How do you ensure liquidity if buyers and sellers want different weeks? Is there a market maker, or is everything matched through the auction?
I imagine they’re building the supply side as well, where you can bid your fixed GPU. My question with this stuff is how do I know my data is secure on these for-rent boxes? What steps are taken to sanitize the GPU between runs etc.
Didn't sfcompute launch with a vision of something like this and then cancel it because CFTC decided it was running an unregulated futures exchange? How are you getting around regulatory issues like this?
Good question. this is something we built around from day one. Users pay 100% up front for specific nodes on the exact weeks they want. No leverage, no margin, no cash settlement. This is honestly not that much different from you booking a hotel.
What does "no cash settlement" mean? If I sell a reservation, do I not get cash?
How do you prevent sellers from fraudulently selling future capacity they don't actually have?
Great question. When we list a capacity from a provider, the capacity lists only after it's contracted and attested, and the provider guarantee travels with the claim. If delivery fails, that's on us to remedy, not on the buyer to chase a stranger.
So in other words, you're screwed?
curious how you'd keep all parties winning at once on the platform (supply&demand& traders maybe?)
Are you planning to make money on float / spread / flat fee?
how do you deal with data security
we lock down the nodes themselves so that only the hypervisor has direct access. we take this pretty seriously.
Interesting approach. How do you ensure liquidity if buyers and sellers want different weeks? Is there a market maker, or is everything matched through the auction?
I imagine they’re building the supply side as well, where you can bid your fixed GPU. My question with this stuff is how do I know my data is secure on these for-rent boxes? What steps are taken to sanitize the GPU between runs etc.
I need to login to see anything. I walk away.