Insights
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 Greg Osuri
Bootstrapping a Free Market by Borrowing from the Future
The survival of an early market economy depends on its ability to solve the cyclical dependency of demand and supply until a healthy equilibrium can be achieved to unlock its network effects.
5 Min. Read
By Greg Osuri
The Economics of Akash Network and Token
With 8.4 million data centers, an estimated 85% of server capacity underutilized, and accelerated global demand for cloud computing, Akash aims to create efficiencies in the cloud hosting market through algorithms for allocating compute resources that go to waste in the current market.
5 Min. Read
By Nick Alesandro
Akash vs The Grid
At Akash, we do quite a bit of thinking,writing, and presenting on decentralized infrastructure. It’s our business after all – Akash is a decentralized marketplace and deployment platform for cloud compute.
5 Min. Read
By Greg Osuri
My testimony as an expert witness for the first ever blockchain bill (AB 2658) introduced in the state of California
The most significant hurdle for blockchain today is legislative as US companies today face an uncertain legal regime. Regulators need tools that only legislators can provide.
5 Min. Read
By Nick Alesandro
Decentralized Infrastructure is a Moral Imperative
As businesses across the globe adopt cloud-based infrastructure strategies, three providers (Amazon’s AWS, Google’s GCP, and Microsoft’s Azure) have solidified their positions as dominant players in the $247 billion-dollar cloud infrastructure market.
5 Min. Read
By Greg Osuri
Serverless is bigger than FaaS
There is a growing excitement in the developer community around the serverless paradigm, an idea that lets developers to deliver workloads without provisioning or managing servers.
5 Min. Read