New: Wallet recovery made easy with Ledger Recover, provided by Coincover

Get started

Up your Web3 game

Ledger Academy Quests

  • Test your knowledge
  • Earn POK NFTs
Play now See all quests

Render Network Meaning

Apr 19, 2024 | Updated Apr 19, 2024
The Render Network is a decentralized GPU-based network that connects users needing GPU computing services, such as GPU rendering, AI, and machine learning inferences, to GPU providers.

What Is the Render Network?

The Render (RNDR) Network is a peer-to-peer network that democratizes access to GPU rendering resources using blockchain technology. It is designed to connect users (GPU requestors) looking for GPU rendering services with individuals who own idle GPUs. 

Jules Urbach founded the project in 2016. It serves as a global marketplace for GPU owners to monetize or “loan out” their otherwise idle graphical processing unit (GPU) power to users in search of additional computing power. By connecting GPU providers and requestors, Render creates a global pool of GPU resources accessible when needed.

How Does Render Work?

Render is composed of three main components – node operators, creators, and OctaneRender.

  • Creators – These are the GPU requestors or compute clients – technically anyone in search of additional GPU power. Render allows them to tap into GPU resources at lower costs and higher speeds that are otherwise beyond their reach. Hence, the creators submit their rendering jobs to the network, including complementary data and the required specifications.
  • Node operators – The node operators are developers or anyone with GPU power to spare. GPU providers register or connect their GPUs to the network to earn Render crypto as a reward for fulfilling creators’ compute requests. The providers can select rendering jobs from the marketplaces.
  • OctaneRender – GPU providers use OctaneRender to offer superior rendering solutions. This entails ensuring noise-free image rendering, GPU acceleration, and physically correct rendering.

Once content creators request for rendering services, Render splits the workload amongst the active providers. The distribution of tasks may rely on factors such as provider reputation, GPU type, capacity, and geographic location, to ensure the rendering jobs are assigned to suitable GPU owners. 

The providers process the assigned jobs and generate results, which are then verified for accuracy and completeness using a trustless validation system. If the output passes the verification process, the creators pay GPU owners using Render tokens, which are distributed based on the job’s complexity, available resources, and urgency.

In a nutshell, the RNDR Network brings the creators and the node operators together by allocating the rendering jobs to the unused GPUs. As a result, it optimizes the utilization of computing resources while lowering the costs of rendering.

Front Running

Front running is the act of utilizing advanced knowledge about pending transactions to place one's transaction before the original trades are executed.

Full definition


A ledger is a digital or physical log that records transactions associated with a financial system. Blockchain networks are a type of decentralized ledger system designed to store data securely.

Full definition

Order Book

An order book is an electronic list of all open buy and sell orders available for a specific trading pair on an exchange or marketplace. The buy and sell orders are organized by price levels.

Full definition