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Home Networks & Protocols

Decentralized cloud Akash interoperating with Solana for hyper-performance smart contracts

Solana has made a number of technical advances in blockchain scalability — most notably Proof of History — that allow its blockchain to reach consensus incredibly quickly...

Published by CryptoNinjas.net
03/13/2020
Decentralized cloud Akash interoperating with Solana for web-scale smart contracts

Akash, 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, announced that it has partnered with Solana to bring web-scale smart contracts to Akash super cloud.

Solana is a performant permissionless blockchain that raised $20 million last year.

Utilizing blockchain for provisioning and settlement, deployment on Akash occurs off-chain. This limits users from running verifiable smart contracts; as the scalability envelope is not designed for on-chain execution.

On variants of the Solana testnet; a network of 200 physically distinct nodes supports a sustained throughput of more than 50,000 transactions per second when running with GPUs.

Akash + Solana

  • By interoperating with Solana, Akash users will soon be able to run secure and scalable smart contracts on Solana’s hyper-performance platform and pay using Akash Token (AKT).
  • Also, Solana’s users will soon be able to run distributed applications; (like machine learning or web apps) and settle using the Solana token (SOL) on Akash.
  • Additionally, Akash will provide support for Solana’s validators to run nodes in highly secure and scalable environments.

“When we were exploring potential ways to enable smart contracts, Solana was the only platform that met our requirements. Currently, validators have little to no option other than to run their nodes on centralized cloud service providers like Amazon Web Services, Microsoft Azure, or Google Cloud. 60% of Ethereum nodes currently run on AWS and other centralized cloud service providers. This threatens decentralization at the core. Validators have few alternatives and are forced to make a massive upfront investment in talent, servers, and flexible scalability or choose the big cloud. By leveraging Akash decentralized cloud; Solana’s validators will no longer be required to do this.”
– The Akash Team

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