Context for Akash Token Economics_____ In our past updates, AMAs, and most recently in our Primer on the FIrst Decentralized Cloud Marketplace article, we covered the current state of the cloud computing industry, projected to be a $370 billion market by 2022 (IDG 2019), and its dominance by an oligarchy of four cloud service providers …

Outside of the US, Akash’s Russian audience is our second largest community. We’ve also been fortunate to have a number of Russian participants among the 106 validators in The Akashian Challenge, our incentivized testnet. That’s why today, we’re excited to announce the launch of the Akash Network Russian Community, and expand our global vision for …

With the launch of our Chinese community this month, we’re accelerating efforts across the Asian Pacific region. Today through Thursday, July 23rd, the Akash team is participating in Singapore Blockchain Week.  With over 5,000 attendees, Singapore Blockchain Week will be held as a virtual event this year and brings together government, industry leaders, academics, and …

In Phase 2 of The Akashian Challenge, we enabled end-to-end functionality of our network by completing the migration from Tendermint to Cosmos SDK. We set out to test the performance of the Akash Network decentralized exchange (DEX).  What Phase 2 ended up testing was the performance of Tendermint and Cosmos SDK, surfacing well-known performance issues …

We’re excited to announce that we’ve partnered with Simply VC to help us build the future of the decentralized cloud.  What we value in our partnership with Simply VC is that we share a vision for a truly decentralized cloud. Can a network be truly decentralized if it exists on a centralized cloud? Simply VC …

Across every function at Akash, from engineering, to partnerships, to marketing, one Akashian has made a profound impact in the way we collaborate and scale. He enables our team to relentlessly materialize the world’s first decentralized cloud marketplace. Today, we’re thrilled to introduce Boz Menzalji, Akash’s General Manager. Unshakably optimistic, curious, and empathetic, Boz is …

This past month was a month of acceleration for Akash. After completion of a successful Phase 1 of The Akashian Challenge, our incentivized testnet, we launched the 3 weeks long Phase 2 to test and demonstrate the decentralized exchange features of our cloud platform.  We also expanded our global vision for the future of the …

In The Akashian Challenge Phase 2 Week 1: Capture the Orders, Challengers explored how to operate as a provider by finding and bidding on leases.  During the first two days, high traffic on the Phase 2 network caused a transaction completion issue and P2P inconsistencies. We addressed this by stopping the order flow and restarting …

Cheng is one of the most creative, curious, and articulate thinkers in the world of finance. We’re incredibly excited to have Cheng leverage his extensive financial and operational experience from Wall Street, to digital commerce and ensure Akash has healthy liquidity and scale to support our ambitious growth goals. – Greg Osuri, CEO Akash Network …

The Market Landscape for Cloud Computing_____ The cloud computing industry is expected to exceed $210 billion by 2022. We’re seeing more of the ways we connect and collaborate move to the cloud.  With more of our work and play moving online, this accelerated growth is tied to increased consumer demand for throughput and content, a …