Akash Network

Greg Osuri Greg Osuri February 5, 2020

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

Maly Ly Maly Ly November 25, 2019

#1 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. In

Maly Ly Maly Ly November 21, 2019

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. The Akash Founding Member Rewards Program is for contributors to Akash’s testnet, and is a warm thank you to our community. As a reminder, the program is

Maly Ly Maly Ly November 13, 2019

An Invitation to Akash Validators Genesis 10

20% Delegation Power Awarded to Akash’s First 10 Validators

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.  Through Akash, developers can easily and securely access

Greg Osuri Greg Osuri October 31, 2019

Akash Network Validator Rewards

Summary of Income Streams for Akash Validators

Akash employs a blockchain secured by a Proof-of-Stake consensus model, managed by 128 independent Validators. Validators perform the vital role of providing economic security to the Akash blockchain.  To participate, validators ‘stake’ Akash tokens (AKT). AKT has three primary functions. 1. Resolve: Akash relies on a blockchain where a group of validators vote on proposals. Each proposal is weighed by the