What is OctaSpace (OCTA)?

Deep Dive

1. Purpose & Value Proposition

OctaSpace aims to decentralize cloud infrastructure by aggregating underutilized global computing resources (CPUs/GPUs) into a marketplace. Key use cases:
- AI/ML workloads: Rent GPU clusters for distributed training
- VPN services: Pay-as-you-go model with WireGuard/OpenVPN support
- Password recovery: Distributed HashCache for large-scale cracking
By monetizing idle hardware, it positions itself as a cost-efficient alternative to AWS/GCP, targeting sectors like CGI rendering and scientific modeling (OctaSpace Whitepaper).

2. Technology & Architecture

The platform uses a hybrid blockchain system:
- Layer 1: Proof-of-Work (Ethash-based) with 15-second blocks, 21 Gwei fees, and PirlGuard anti-51% attack
- Layer 2: Proof-of-Authority sidechain for high-speed billing (400+ TPS claimed)
Nodes run ORC software to manage Docker containers/Firecracker microVMs, supporting x86 and ARM architectures. Security audits and non-privileged user execution aim to minimize attack vectors (Technical Docs).

3. Tokenomics & Governance

• Fixed supply: 48M OCTA, with block rewards decreasing across 11 eras (last era ends ~2027)
• Staking: Requires 100K OCTA collateral (≈$48,600 at current prices) and 75% node uptime
• Rewards: Weekly distributions from staking pool (60% base + 40% service-based bonuses)
  Current circulating supply is 37.7M OCTA (78.5% of total), with 99.07% held by non-top-10 wallets, suggesting broad distribution (CoinMarketCap Data).

Conclusion

OctaSpace’s value hinges on its hybrid blockchain’s ability to balance security with enterprise-grade throughput, paired with tangible cloud service demand. While its 47.6% weekly price surge (as of July 2025) reflects optimism, the 100K OCTA staking barrier risks limiting network participation. Could decentralized cloud platforms like OctaSpace sustainably undercut centralized providers as AI compute demands escalate?