Difference between revisions of "Akash Network (AKT)"

From CryptoWiki

m (Grand Master Pepe moved page Akash Network to Akash Network (AKT))
(No difference)

Revision as of 04:49, 11 April 2022

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

Bugs

Usage

  • According to their blog it has (23-12-2020):
  1. "3600+ applications deployed
  2. 460+ developers
  3. 149 registered validators"

Projects that use or built on it

  • Serum; their DEX UI is hosted on the DeCloud (23-12-2020).
  • From their blog (23-12-2020):

"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 

(:

Knowledge empowers us all and will help us get closer to the decentralised world we all want to live in!