Driven by increased consumer demand for throughput, a global surge of smartphones, rapid development of applications, and high DevOps server management costs, the cloud computing industry, projected to be a $370 billion market by 2022 (IDG 2019), is dominated by an oligarchy of four cloud service providers (Amazon Web Services, Google Cloud, Microsoft Azure, and …

This month, our team will be closing out an incredibly productive Q3 with the realization of our Mainnet, launching next week on Friday, September 25th.  In the past month, we continued to focus on Q4 product roadmap planning while preparing to integrate upstream software updates to Cosmos SDK. We also announced an industry-defining partnership with …

For blockchain based systems to gain wider adoption and achieve consumer scale in high growth industries like decentralized finance (DeFi), we need to quickly solve the scalability problems that have plagued the space since its inception. The industry, and our team at Akash, has tried many different approaches to solving this problem.  Three Approaches to …

Finance—an industry that is expected to reach $26.5 trillion by 2020—is being disrupted at an atomic speed by its degenerate cousin, decentralized finance or simply DeFi. We’re witnessing rapid experimentation in every critical sector of finance, from lending and borrowing to insurance–finance hasn’t been this exciting for a long time. As of the writing of …

“We were excited about Greg and team’s experience and knowledge of the market–even down to customer-by-customer granularity. We like to invest in teams that can build great tech but just importantly help drive usage of it. The Akash team’s knowledge and passion for what they are building made the decision for us.” — Richard Galvin, …

We’re grateful for the continued support of our global community as we build the world’s first decentralized cloud marketplace. In the first half of the year, we successfully: launched our incentivized testnet, The Akashian Challenge, with 106 active validators sold through our first run of 300 Superminis within 3 weeks doubled our team, and expanded …

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 …