Episode 47: Akash Network (AKT) , Cloud Computing on Blockchain
from MikoBits Blockchain NFT and DeFi show Hosted by MikoBits
What is Akash? Akash is a peer-to-peer marketplace for cloud computing resources and a deployment platform for modern distributed workloads. The big difference of the big value it provides compared to the incumbent (Amazon Web Services or AWS), it's designed for a very modern developer. So what takes normally 10s of hours on a cloud takes minutes, right? So developers can do more with less. And it is private and permissionless. So there's no signup and incredible user experience that you get permissionless networks. And it's, of course, unstoppable, since that's becoming more and more important, considering what's happening today. And, and in a big value is cost. I mean, costs anywhere from two to three X on a normal lower than the Amazons and Googles to Microsoft's, in some cases, even 10 times slower. So that's an incredible value proposition. Episode Index: 0:00 Welcome 0:53 What is Akash Network? 2:15 Current state of the Network 5:21 Akash Token is Liquid and Network is Alive 6:29 Linux Containers and Developer Tools 10:44 Who runs the containers? 13:32 How can it be 2-3x cheaper than AWS? 18:23 Inflationary Rewards Mechanism 20:17 Equinix is an exclusive data center provider 20:53 Mainnet Launch Upcoming! 23:59 COSMOS, Solana and other Ecosystems 25:03 INFURA and Bison Trails 25:42 Managed Node Hosting 27:01 Parler, Censorship Resistance and Deplatforming 34:55 Big upcoming features 40:01 High Performance Computing 40:58 Amazon Web Services and Open Source 46:50 Solomon Hykes, Brian Fox and Alex Ellis
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