By Maly Ly
Brave New World of Staking: A Primer on Proof of Stake (PoS)
Proof of Stake (PoS) mechanisms are steadily expanding in their use across a variety of blockchain applications. Superiority in their energy efficiency, lower barriers to entry, and governance aspects like a lower tendency for centralization make PoS an increasingly popular alternative to Proof of Work (PoW), which is leveraged to reach consensus in current iterations of Bitcoin and Ethereum, for example.
5 Min. Read
By Greg Osuri
An Evolution of Akash Network Token Economics
Last fall, we released our Akash Network Token Economic Model, a system that leverages Akash Token (AKT), a native currency, to solve for volatility (one of the biggest challenges for adoption in crypto) while ensuring economic security of our public blockchain. In the paper, we presented various strategies to mitigate inherent adoption challenges that face an early market economy — lack of sufficient demand from the tenants (consumers of computing), which in turn hurts demand because of lack of supply.
5 Min. Read
By Greg Osuri
Closer to the Future of the Cloud in 2020
In an industry dominated by three cloud providers, the largest of which was featured in a galvanizing New York Times article this past December, we knew that we were taking on much larger incumbents, and a huge challenge, one that could shape the future of the cloud, and thus, the Internet. When we set out to build the Akash Supercloud, the world’s first decentralized peer-to-peer marketplace for cloud computing, we knew we’d be tackling technical problems that had never been confronted before to give developers, the builders of the future, more freedom, flexibility, and agency to create.
5 Min. Read
By Greg Osuri
Six Trends Transforming Cloud Computing in 2020
At Akash, we’ve been working at the intersection of cloud, blockchain, and the edge, and this coming year it’s exciting to see technologies we’ve long championed achieve broader adoption and transform multiple industries. Overall, there is a movement to sovereignty–of platform, technology, data, privacy, and cost.
5 Min. Read
By Michael Gushansky
Announcing Our Founding Member Challenge Winners & Leaderboard!
Four weeks ago, we launched the Akash Founding Member Rewards Program for early contributors to Akash’s testnet and community. The program involved 3 progressively difficult challenges along with bonus challenges, and contributors joined from all over the world, including the U.S., Korea, Japan, China, Europe, India, and South America.
5 Min. Read
By Michael Gushansky
Congratulations to Founding Member Challenge Contributors! Still Time to Join for 5500 Akash Tokens!
Congratulations to our Founding Member Challenge Contributors! With one week left to go, we’re excited to announce all those who have completed our Akash Founding Member Rewards Program 3 Challenges so far, and we encourage those who haven’t yet, to join now–you still have time!
5 Min. Read
By Maly Ly
Don’t Miss The Unstoppable Stack at IFX2019
Our team is excited to be heading to Las Vegas this week for Packet’s IFX2019 conference to connect with and learn from our peers in the cloud infrastructure ecosystem. Our CEO Greg Osuri will be presenting the Keynote session “The Unstoppable Stack” at 2pm to 2:30pm in the Great Hall.
5 Min. Read
By Maly Ly
Cosmos Validator Sikka aka Sunny Aggarwal of Tendermint/Cosmos Joins Akash as Advisor
Last week, we announced that Jack Zampolin of Pylon Validation Services and Tendermint joined Akash as an Advisor, and today, we’re excited to announce that the number one Cosmos validator Sikka aka Sunny Aggarwal of Tendermint/Cosmos has joined Akash as an Advisor. Validators are essential to ensuring the sovereignty and security of Akash’s platform.
5 Min. Read
By Maly Ly
Announcing Our Third Founding Member Challenge!
Congratulations to those of you who completed the first two challenges of the Akash Founding Member Rewards Program! Today, we’re excited to announce the third and final challenge.
5 Min. Read
By Maly Ly
An Invitation to Akash Validators Genesis 10
With the cloud infrastructure market expected to exceed $198 billion by 2024 and an estimated 85% of server capacity in 8.4 million data centers underutilized, we started Akash Network to offer developers an open, permissionless, and secure cloud marketplace for unused compute cycles – in essence, a supercloud.
5 Min. Read
By Maly Ly
Earn 1,000 Tokens and the Akash Founder Level 2 Badge!
Thank you for participating in the Akash Founding Member Rewards First Challenge! For those of you just tuning in, the Akash Founding Member Rewards Program is for early contributors to Akash’s testnet.
5 Min. Read
By Maly Ly
Become an Akash Founding Member and Earn Token Rewards
As the world’s first supercloud for serverless computing, Akash needs your support to materialize our vision of empowering the architects and builders of the internet with greater access, freedom, and efficiency to create products that improve the human experience.
5 Min. Read