Greg Osuri, CEO of OverClock Labs, discusses Akash Network, a decentralized cloud platform leveraging unused compute capacity. Topics include peer-to-peer model, cost-effective resource sharing, access to advanced chips, secure transactions, customer landscape, healthcare data management, and future plans to rival major cloud providers.
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Quick takeaways
Akash Network offers a decentralized cloud computing platform utilizing global unused compute capacity, providing discounts and access to GPUs.
Akash operates a global spot market for compute resources, enabling transparent community governance and cost-effectiveness compared to centralized providers.
The AKT token plays a vital role in securing the Akash blockchain, incentivizing providers, funding development, and promoting network growth.
Deep dives
Akash Network's Decentralized Cloud Computing Model
Akash Network, created by Overclock Labs, serves as a decentralized cloud computing platform utilizing unused global compute capacity. It offers a super cloud layer encompassing various cloud providers and a marketplace. Akash facilitates enormous discounts compared to traditional providers, offers access to GPUs like A100s, H100s, and allows providers to sell compute resources through its Kubernetes-based software stack, enabling on-demand high-density computing capabilities.
Akash's Distinct Marketplace and Open Source Model
Akash operates a global spot market for compute resources, akin to the 'Airbnb of compute', enabling anyone to provide and lease resources. It stands out as the first open-source cloud network, driven by community governance. Its permissionless structure empowers the network's users to democratically govern key decisions, ensuring transparency, user control, and cost-effectiveness compared to centralized cloud providers.
Akash's Vision for Expansion and Innovation
Akash's roadmap focuses on achieving parity with leading clouds by introducing managed services and enhancing automation. The network aims to have a thousand providers globally, offering low-latency solutions to serve diverse applications efficiently. By tapping into home-based resources like gaming GPUs, Akash envisions enabling unprecedented scale and innovation, driving advancements like multi-cloud Kubernetes clusters and unparalleled distributed computing capabilities.
The Role of AKT Token and Sustainability in Akash Network
The AKT token plays a vital role in securing the Akash blockchain through delegated proof of stake. Token holders delegate tokens to validators to maintain the network's consensus. Moreover, the token facilitates paying for services, incentivizing providers to join, funding development efforts, and sustaining the open-source ecosystem. It underpins a self-sustaining network model, promoting security and driving growth while rewarding contributors and users alike.
Greg Osuri's Long-Term Vision and Legacy with Akash Network
Greg Osuri, the CEO of Overclock Labs, nurtures a long-term vision for Akash Network, aiming to create a sustainable and permanent technology akin to durable legacy offerings. He emphasizes a culture of permanency, transcending short-term gains, aligning investors, and fostering community contributions to ensure Akash's enduring success. Osuri's commitment to building a lasting legacy propels Akash's trajectory towards innovation and sustainability.
Conclusion
From revolutionizing cloud computing with a decentralized model to fostering transparency, community governance, and global expansion, Akash Network, under Greg Osuri's leadership, epitomizes a shift towards sustainable, open-source-driven innovation. By envisioning a marketplace for compute services and embracing a long-term ethos, Akash sets a precedent for decentralized cloud platforms, driven by the AKT token and a vision for enduring impact across the digital landscape.
Akash Network is a decentralized cloud computing platform that leverages unused compute capacity around the world. It makes this capacity available to others, and provides a decentralized peer-to-peer model for managing and paying for these resources in an online marketplace.
Greg Osuri is the CEO for OverClock Labs which created Akash Network. He joins the show to talk about Akash.
This episode is hosted by Lee Atchison. Lee Atchison is a software architect, author, and thought leader on cloud computing and application modernization. His best-selling book, Architecting for Scale (O’Reilly Media), is an essential resource for technical teams looking to maintain high availability and manage risk in their cloud environments.
Lee is the host of his podcast, Modern Digital Business, an engaging and informative podcast produced for people looking to build and grow their digital business with the help of modern applications and processes developed for today’s fast-moving business environment. Listen at mdb.fm. Follow Lee at softwarearchitectureinsights.com, and see all his content at leeatchison.com.