The Power of Akash: Decentralized Cloud Computing

18min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

This chapter explores the concept of Akash as a decentralized network of cloud computing, offering an open and transparent layer for users to have ownership and sovereignty. It discusses the cost, value, and challenges of Akash's incentives and its mission to optimize utilization and balance supply and demand. Additionally, it delves into the potential of utilizing underutilized devices and heterogeneous chipsets for machine learning, highlighting the progress made by a NYC NYU machine learning lab.

This week Dan and Sam are interviewing Akash Network CEO and Founder Greg Osuri to dive into how Akash is building an open, decentralized marketplace for cloud compute resources to serve web3 developers. They discuss the high utilization and demand on Akash, innovations like training AI models on the blockchain, and why the future of cloud computing infrastructure needs to be permissionless and decentralized. Greg provides an inside look at the mission behind Akash, the economics of their cloud marketplace, how it compares to centralized providers, and his vision for the protocol going forward. Thanks for watching!

- -

Follow Greg: https://twitter.com/gregosuri

Follow Sam: https://twitter.com/swmartin19

Follow Dan: https://twitter.com/smyyguy

Follow Blockworks Research: https://twitter.com/blockworksres

Subscribe on YouTube: https://bit.ly/3foDS38

Subscribe on Apple: https://apple.co/3SNhUEt

Subscribe on Spotify: https://spoti.fi/3NlP1hA

Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

- -

Hexens is the premier cybersecurity provider in web3 with an essential focus on blockchain technologies. Always exceeding clients’ expectations, Hexens is a trusted security partner of the most prominent web3 projects like Polygon & zkEVM, 1inch, Lido, Nubank, TON, Risc0, EigenLayer, Mantle, Celo and more.

https://hexens.io/

- -

Join us at DAS (Digital Asset Summit) in London this March! DAS is the #1 institutional conference in crypto, hosted by Blockworks. Use the link below to learn more, and use 0X20 to get 20% off your ticket!

Learn more + get your ticket here: https://blockworks.co/event/digital-asset-summit-2024-london/home

- -

Timestamps

(0:00) Introduction

(1:42) Importance of Cloud Computing

(5:39) Economics of Akash

(13:13) Harnessing Global Compute Power

(19:56) Hexens Ad

(20:43) Mainnet 6 Upgrades

(27:47) Demand Side for Akash

(37:12) DAS London Ad

(37:58) Moving Away from Ethereum

(47:06) Leveraging Token Economies

- -

Resources

Akash Docs

https://docs.akash.network/

Mainnet 6 Upgrades

https://x.com/akashnet_/status/1701284031784947767

- -

Check out Blockworks Research today! Research, data, governance, tokenomics, and models – now, all in one place

Blockworks Research: https://www.blockworksresearch.com/

Free Daily Newsletter: https://blockworks.co/newsletter

- -

Disclaimer: Nothing said on 0xResearch is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Dan, Sam, and our guests may hold positions in the companies, funds, or projects discussed.