Render Network | RNDR

Introduction

The Render Development team believes society is on the cusp of a technological transformation of our very view of reality, affecting everything from computation to physics. Everything is becoming more virtual, from people on the street glued to their smartphones to engineers producing new realities, augmented and virtual, that allows society to immerse itself in new computer-generated worlds. As entertainment companies adopt these new ways of producing new visual effects, content creators and editors find themselves facing new dimensions of complexity. However, larger and more complex jobs spanning thousands of frames across time (for animations) and space (for VR walkthroughs) require external servers and additional resources.

No system has existed that scales rendering speed across many dimensions of work in order to allow content creators to tap into the vast pool of graphics cards from an online network. Imagine the possibilities in a world where physically correct rendering tasks are completed quickly and efficiently in a blockchain based peer-to-peer network with no error or delay and with securely protected property rights. We have already innovated the process of rendering reality to new, unprecedented levels. Now we innovate the rendering ecosystem. Welcome to the future - the age of the Render Token (RNDR).

Value Proposition

Render Token (RNDR) will make the process of rendering and streaming intricate virtual works easier for all users. It will allow complex GPU-based render jobs to be distributed and processed on a peer-to-peer network, making the transactional process of rendering and streaming 3D environments, models, and objects much simpler for end users. Furthermore, the Render Network will eventually evolve to include crowd sourced 3D projects to digital rights management, creating a vibrant new marketplace to fund digital ideas, assets and applications that anyone can access and leverage.

What Is A Render Token?

A shared graphics rendering platform known as Render Network is powered by the Render Token (RNDR), a Ethereum token. People with excess graphics processing capacity may connect with those in need of rendering services through a Render Network. This is accomplished via the use of the RNDR token as a means of payment. The procedure of transferring RNDR on Ethereum needs 14 network confirmations.

What is Render used for?

Rendering (also called image synthesis) transforms a 2D or 3D computer model into a photorealistic image or scene. Occurring in the background of many processes in our techinvolved lives, rendering is how our smartphones and computers constantly present the images, videos, and games that make our lives easier or more enjoyable. A rendering can be as simple as a scene in a 2D Batman cartoon or as complex as an action-packed scene in a Transformers movie. Advances are accelerating, from the era of Ratatouille just a decade ago when every animated frame took 6.5 hours to render to the instant real-time OTOY rendering of photorealistic scenes on tens of thousands of parallel Graphics Processing Unit (GPUs) in the cloud today.

Far transcending entertainment and news, rendering also plays a crucial role in the tasks and workflows of our business and professional lives. Architects rely on accurate renderings in their 3D modeling software to create builds of their projects that display textures, lighting, and minute details. Surgeons rely on high-quality renders of organ scans to accurately diagnose and treat their patients. As virtual reality becomes more widely-used, program developers and computer engineers can leverage the power of real-time rendering to create dynamic environments for their users. Examples abound, from virtual blueprints for a new apartment complex to interactive virtual office meetings, to watching sporting events from the sidelines while sitting comfortably in your own home.

The bottom line is that there are many use-cases for rendering, and the selection and variety of these offerings are constantly increasing. As our world becomes more and more dependent on virtual and visual technology, enhancing the quality, speed, and cost-efficiency of rendering services becomes a vital and inviting challenge.

What is Render Network?

If you have idle GPU capacity on your desktop, you may help generate computer animation and digital effects via the Render Network. The network’s native coin, RNDR, is given as a compensation. Individuals and companies may take use of underutilized processing resources using Render, which streamlines the conventional operations of generating and broadcasting 3D surroundings. Digital goods and services that are developed using this initiative will be better equipped to compete with current offerings.

How Does RNDR Work?

In the RNDR network, node operators and GPU suppliers trade RNDR utility tokens for GPU computation power. RNDR uses a PoW method, also called Proof-of-Render, to validate that the finished artwork has been correctly produced (PoR). The existing security qualities of Ethereum are used to lessen the danger of publishing and transmitting fragmented assets to nodes for evaluation. All RNDR funds are held in custody until rendering is completed, at which point they are released to node controllers. Finally, the commissioned artist notifies the node controllers whether the job is finished.

How To Use Render Network?

GPU rendering assignments may be uploaded to the Render Network, which acts as an autonomous marketplaces for content producers and GPU node operators. To fulfill the assignment, the essential steps are required:

• Job Creation — Developers Must Use OctaneRender Or Another Compatible Plugin/Integration To Complete Their Assignments In ORBX Format And Define Important Settings Including Visual Quality, Export .

• Job Upload — It Is Possible For Render’s Cryptographic Protocol To Identify And Prohibit Suspicious Attacks After A Job Is Posted Via The OctaneRender Online Interface Of Render. This Allows The Creator’s Assets To Be Broken Down Into Separate Files That Can Then Be Encoded. It Is Subsequently Transferred To A Smart Contract, Which Broadcasts The Appropriate Information To All Render Members.

• Job Assignment — Render’s MTP Protocol Automatically Assigns Node Operators To Relevant Tasks Based On Reputation Ratings And Parameters Required By The Makers. As Soon As A New Service Provider Joins The Network, Render Will Automatically Analyze Their Performance And Use This Knowledge To Allocate Them To A Node In The Cluster.

• Job Completion — The Mathematical Duties Of Service Providers Provide PoR Work Since They Employ OctaneRender To Perform Each Job That Is Allocated To Them. Using OctaneRender, Node Controllers’ Inputs Are Linked To Their Specific OctaneRender Identification, Which Is Used For Both Task Submissions And Grading.

• Deliverables Verification — Service Providers May Be Monitored In Actual Time By Their Developers, Who Can Report Any Issues Before The Operation Is Complete. When A Task Is Approved And Payment Is Made, These Samples Are Copyrighted. In Contrast, The Outputs Of Service Providers Are Protected By Encryption.

• Payment Completion — Tokens Provided To Service Providers For Render Fees Are Kept In Custody Throughout A Rendering Work, And Are Issued Only After The Designer Physically Checks That Their Work Has Been Finished. It Takes A Modest Amount Of RNDR Tokens To Operate The Render Network, Ranging Between 0.5–5 Percent Depending On The Existing GPU Supply And Demand Levels For Processing A Given Project. OctaneRender Allows Users To Store Or Distribute Their Rendered Resources.

Cloud-based rendering and solving the inefficient rendering problem

Currently, OTOY hosts a website at http://orc.otoy.com which centrally manages the results of render jobs along with their costs. OTOY’s vision is to distribute the framework of this existing rendering service through a token-based system built on the Ethereum blockchain. In the long term, rather than charging customers to render through OTOY’s cloud or process the jobs in OTOY data centers or external data centers, OTOY aims to provide a peer-to-peer ecosystem for rendering. We will build on top of a current blockchain model to connect users looking to perform render jobs with people who have idle GPUs to process the renders. Users would send Render Tokens to the individual performing the render work and OTOY would receive a small percentage of Render Tokens for facilitating the transaction and running the render network. This Render token system creates a much more efficient, powerful, and widely-scalable rendering network.

The distributed rendering model is compelling because millions of developers who have OTOY’s OctaneRender available to them render scenes regularly on their GPUs. However, the current system harbors many inefficiencies. Most developers’ GPUs remain idle when they are not rendering their own work. By utilizing the Render Token network ecosystem, developers could choose to monetize their idle GPUs by performing renders in exchange for Render Tokens, which could then be converted into crypto or fiat currency.

In addition, graphics chip giants such as AMD and Nvidia have already started creating GPUs solely for mining on blockchains such as Ethereum. OTOY’s Render Token can tap the potential of the ecosystem already existing among developers and OctaneRender customers and move it onto the immutable and distributed database of the blockchain. Such a blockchain based rendering network can facilitate efficient, reliable, and remunerative rendering of time-stamped tasks on a peer-to-peer basis.

Dive into Render Token - the solution for widely accessible, P2P, cloud-based, blockchain rendering

Render Token will be the primary unit utilized to exchange rendering and streaming services and proof-of-render work on the OctaneRender Cloud (ORC) network, OTOY’s cloud rendering marketplace. In its final form, the token will allow users to utilize the wide array of available GPUs in the peer-to-peer network, allowing for quick and reliable rendering facilitated and kept track of by the blockchain.

On the ORC Network, users will create accounts that will be linked to the Ethereum blockchain through smart contracts and unique wallets. By purchasing and storing Render tokens in their accounts, users will be able to exchange these tokens on the network for various rendering and streaming services. During this exchange, the network will send a request for a Render token smart contract in order to enter a transaction with both parties - the person or server processing the render/streaming and the person who requests the rendering services. The cost of the job will be calculated and determined in Render tokens. The smart contract will then transfer funds across accounts once the allotted render job has been completed.

Basic Transaction Flows diagram through the ORC Network

1. The user needs a render job, they go to the ORC portal on the web or in one of 30 supported toolchains and submit a render task. ORC renders will be one click away from any Octane plug-in, allowing for easy access at any time.

2. The render task is calculated and they get quoted a price for the task in Render tokens - they “pay” and the tokens and the render details get attached to the smart contract. The task is sent across the Render Network and facilitated by a user that will match the task and process the render job.

3. The user processing the job then utilizes their GPU to perform the task requested from them and once complete, sends the completed task back through the Render Network. 4. Once completed and reconciled, the tokens are transferred from the user who requested the task to the user or server that completed the task via the smart contract.

More About RNDR

The RNDR group is situated in Los Angeles and is supported by the parent firm OTOY. WME’s Ari Emanuel, JJ Abrams, and Brendan Eich, the founders and CEOs of Brave Software and BAT, are all members of the RNDR advisory committee. They have all worked with RNDR to help bridge the barrier between both the cryptocurrency community and the Hollywood studio production processes.

Tracking Render RNDR