Akash Network (AKT)
A peer-to-peer cloud computing marketplace.
Basics
"The Akash Network aims to be the first secure, transparent, decentralized cloud computing marketplace that connects those who need computing resources with those that have the computing capacity to lease. The way it works is that the Akash Network works as a super cloud platform. They provide a unified layer above all providers on the marketplace to present clients with a single cloud platform, no matter the particular provider. The objective that the network is based on is to maintain a low barrier of entry for providers while at the same time, ensuring that clients can trust the resources that the platform offers them.
Moreover, they created a tangible product, the Supermini. This device is a supercomputer that offers people sovereignty and privacy over their data and makes it possible to become participants of the cloud. Owners will be able to run server apps, and machine learning workloads and offer their Supermini’s unused computing power on Akash to earn digital assets."
History
Token
ICO
Token allocation
Utility
Token Details
Stablecoin
Tech
- Whitepaper can be found [insert here].
- Code can be viewed [insert here].
- Built on: Tendermint
- Programming language used:
Transaction Details
Other Details
Consensus Algorithm
Staking
Privacy Method being used
Oracle Method being used
Their Other Projects
DEX
Governance
DAO
Upgrades
Roadmap
- Can be found [Insert link here].
Audits
- Bug bounty program can be found [insert here].
Bugs
Usage
- According to their blog it has (23-12-2020):
- "3600+ applications deployed
- 460+ developers
- 149 registered validators"
Projects that use or built on it
"Challengers also deployed video games and well-known DeFi apps on Akash including SushiSwap and UniSwap."
Pros and Cons
Pros
Cons
Competition
Coin Distribution
Team, Funding, Partnerships, etc.
atTeam
- Full team can be found [here].
Funding
Partners
- Huobi Pool partnered with Akash Network (12-2020).
- Solana says it partnered with Akash (2-1-2021).
(:
Knowledge empowers us all and will help us get closer to the decentralised world we all want to live in!