🍃 Lilypad Project Report: August, 14 2024
Alex Mirran
🌎 Overview
Lilypad is a serverless, distributed computing network providing internet-scale data processing for AI and other next-gen use cases. The Lilypad Network orchestrates distributed “edge” computing jobs that leverage Blockchain verification of completed work. GPUs across the globe are incentivized to join the network and participate in processing compute jobs for end users. The Lilypad economy is a job based system built to run as serverless processes. Users pay for what they use and nothing more.
The Lilypad IncentiveNet continues to grow rapidly, with over 840 Resource Providers (GPUs) joining the network! These nodes consist of GPUs ranging from Nvidia 3070s to A100s.
As the testnet grows, our assumptions are tested for the optimal conditions to run this economy and job model. Our team has continued to iterate on the current system based on learnings from the first stage of the IncentiveNet. Thank you to all Lilypad Resource Providers (RPs) for your commitment and feedback!
View the Lilybit_ rewards Leaderboard to track the network’s growth. This serves as the central hub for Lilypad Resource Providers (nodes) to track Lilybit_ rewards earned, and monitor the status of nodes on the network.
Resources for Lilypad RPs
Primary RP announcements Discord channel: Updates-rp
Discord forum for questions
Tools for community feedback
Feedback as a RP
Support ticket format for #i-need-help Discord forum
Find all OFFICIAL LINKS for the Lilypad network here. Sign up to the Lilypad Newsletter or turn on your X alerts!
⚒️ Engineering Update
Update on the Lilypad IncentiveNet
As the IncentiveNet scales, our team continues to work tirelessly to support the demand! The docs for running a node continue to improve with feedback, and a troubleshooting page was created based on common questions. In addition, a Lilypad Windows Resource Provider guide was created to allow users to run a Lilypad node on a Windows computer.
The team continues to triage issues that surface regarding the Lilybit_ rewards system. Most of the initial issues have been resolved; however, our team has factored in existing support tickets as we optimize the Proof of Work (PoW) mechanism.
Action Required for Lilypad RPs- Ensure Bacalhau v1.3.2 is running
In the latest community announcement, we have asked all Lilypad RPs to ensure Bacalhau (v1.3.2) is running on their node. If Bacalhau is not running properly the node is at risk of not earning rewards. Follow this guide to change the Bacalhau version (if needed) as Lilypad currently only supports up to Bacalhau v1.3.2. We will ensure to keep the community updated using the updates-rp channel. Follow the channel to get notifications when a new announcement is made.
Running jobs on the network that only require a CPU continue to run smoothly. We have observed GPU job failures and have tasked a team to investigate. With all Resource Providers ensuring Bacalhau is running on their nodes, we anticipate more GPU jobs will run successfully.
Telemetry for observing the lifecycle of a job
The team has setup telemetry to gather more information from the network to help troubleshoot issues with running jobs and other RP questions that arise. Network monitoring has been setup to collect telemetry on the the state of the network.
An important goal of this telemetry work is to collect data on the full lifecycle of a job run by a Lilypad RP. When a job is submitted to the Lilypad Network, it is matched with a GPU that has the capacity to run the job. By collecting data about when the job is received (or not) and the job processing, our team can quickly identify where jobs are failing and how to address the issue.
Stay connected on the Lilypad Discord and follow along on X for the latest on the Community Leaderboard!!
🖥️ Tokenomics
Our team continues to work on the Lilypad Network Whitepaper, with a focus this week on Mainnet architecture. Our team is committed to ensuring a permissionless ecosystem of GPUs that is rewarded fairly and equitably. This work involves economic planning for the actor pricing model.
The Lilypad network consists of many actors with stakeholders (node providers and end users) interacting with these actors to form the Lilypad economy. CryptoEconLab, a group out of Protocol Labs with deep experience in launching networks of this scale, is guiding this economic planning with ways to approach this pricing and flow. The goal is to ensure a robust marketplace while preventing Sybil attacks and rewarding stakeholders fairly.
⚡ Developer Events & DX Updates
Open Source Contributions
Our team has been thrilled to accept pull requests on the main Lilypad repo as well as the awesome-lilypad repo! Thank you to our passionate community, your contributions are not going unnoticed.
The Lilypad network is an open source project that encourages the ecosystem to contribute. As more contributions roll in, the team is formalizing a contribution guide for the community to provide a smooth process for participation. This guide will be released soon with clear directions for submitting a PR to our Github repo, signed commits, and standard operating procedures to get a PR approved smoothly.
Weekly AMA Sessions!
The Lilypad team hosts an AMA every week to maintain consistent communication with the community. This week, Logan and I discussed the Lilypad Network in more detail and jumped into the work the team is currently focused on. Catch the latest AMA on youtube.
Every other week, we alternate the timing of the AMA to ensure we can cater to RPs and devs across the globe! Find an AMA time that works for you on the Lilypad Calendar.
🌟Community
Lilypad Ambassadors
The Lilypad Ambassadors program began in July and…. wow, the community has showed up in force! Our team could not be more proud of the first group of ambassadors who continue to help the community and contribute to the network.
Thank you to Lilypad Ambassador, Kabularasa (on Discord) who built a Telegram bot to check and notify when your Lilypad RP goes down. We greatly appreciate the PR on the awesome-lilypad repo, keep up the good work!
Galxe Campaign
Join our Galxe campaign, designed to celebrate and reward our amazing community members! Complete tasks and earn points, all while contributing to the growth of our decentralized AI ecosystem. New tiers will be release very soon, in the meantime hop on over to Galxe and start exploring the challenges today!
Ally’s ETHCC Genzio Interview
Catch our CEO, Ally's ETHCC interview with Genzio! She and The Blonde Broker dive deep into the world of distributed compute, AI, and the pressing need for open compute networks. This was an incredible platform to showcase how Lilypad is addressing this critical challenge, thanks Genzio!
DeAI Conference Toronto
The DeAI Summit Toronto was full of life! Our team greatly enjoyed meeting with partners, other computing networks, as well as stakeholders from across Web3 and AI. From networks, middleware, to payment services, the community focused culture of the space continues to reinforce the benefits of open computing for AI and other next generation use cases.
CIO, Steve on Voxgig Podcast
Tune in to the latest episode of the Fireside with Voxgig podcast featuring our CIO, Steven Coochin! Steve shares his insights on democratizing AI, building a developer-centric platform, and Lilypad's vision for the future of Web3. Don't miss it!
Ai4 Conference
Lilypad's Head of Research, Stanley Bishop, recently shared his insights on the future of AI at the prestigious Ai4 Conference, representing NewAtlantis Labs. We're proud to have such a brilliant mind on our team!
🔮 What's Next?
Our team is focused on supporting the IncentiveNet growth while factoring learnings from the last 1.5 months into the Lilypad Network roadmap and mainnet planning. This work has greatly influenced the Lilypad Whitepaper and Tokenomics system that will be implemented upon mainnet launch. We greatly appreciate the support from our community across the globe!
☎️ Contact Us
💬 Have more questions or looking for guidance? Join (https://lu.ma/lilypadnetwork) our community AMA hosted every Wednesday!
Chat to us on Discord and follow along on X/Twitter for the latest news and updates!
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Written by
Alex Mirran
Alex Mirran
co-founder Leto Analytics, open computing for AI at Lilypad Network