Last Thursday, we announced open registration for The Akashian Challenge, our incentivized testnet. With a sprawling challenge that encompasses three phases over eight weeks, and massive token rewards–3,000,000 Akash Tokens (AKT) or 3% of the 100,000,000 AKT that will ever be pre-mined at genesis–, the competition has attracted registrations from individuals and teams from around …

Akash means “open space, sky” in ancient Sanskrit. As a decentralized system, and the world’s first distributed peer-to-peer open cloud computing marketplace, our aim is to materialize the vision of an open cloud that’s as boundless and free as the sky. To this end, we’re leveraging a series of testnets to gather data, identify critical …

Greetings, I hope you’ve been staying safe, healthy, and sane during a time of unprecedented global uncertainty and transformation. Our families and communities have been impacted, and the way we live and work will never be the same. At Akash, being a distributed team has made it a little easier to transition to what is …

We’re just beginning to experience the “new normal” of lockdowns, quarantines, and social distancing, of a complete disruption to our way of living and our way of working. Each week, we have more colleagues, neighbors, friends, and loved ones getting infected, or felled, by a virus we still don’t fully understand. Leveraging Blockchain, AI, Machine …

The full global economic impact of the coronavirus is hard to put into words or fancy graphs.  At best, we can guess with some degree of confidence what a multi-trillion dollar stimulus package and unlimited money printing will do in the mid and long term to prop up the economy. But we know for certain …

Today, I’m excited to announce that we’ve partnered with Solana to bring web-scale smart contracts to Akash Supercloud. Akash provides a serverless platform where users can run any application currently running on the cloud while leveraging the benefits of decentralized computation enabled by the Akash blockchain.  Akash leverages blockchain for provisioning and settlement but deployment …

What is a Token? In the blockchain ecosystem, a token is an asset that represents a certain value, stake, or voting right and one that can be digitally transferred between two people. Tokens serve as incentives that are usually sold by a company through a public sale (Initial Exchange Offering), or as a reward for …

Today’s market for cloud computing is heavily consolidated, with the top 4 cloud service providers, Amazon Web Services, Microsoft Azure, Google Cloud, and Alibaba Cloud dominating 70% of the entire market as of the end of 2019 . In this oligopolistic market structure, there is decreasing competition and over time, less choice and flexibility for …

It’s no secret the regulatory regime in the US hasn’t been friendly to budding decentralized projects. This is because the SEC has tried to apply Howey analysis to crypto projects that effectively classify any token that requires management as a Security. Since the token value of an early stage crypto project depends on the efforts …

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 …