Cloud Decentralization

“80% of the capacity sitting in data centers today is unused. So by connecting this latent capacity with the users that want to access this, we can reduce the cost of compute significantly anywhere from one half to one fifth.” — Greg Osuri, 00:07:36

“Cloud provides compute, raw compute, bandwidth, memory, CPU, whatnot, and storage. On top of that, they provide value-add services. And the revenue model is basically burgers and fries. You got to sell burgers and not sell fries. But you make money on fries.” — Greg Osuri, 00:25:43

“We’re calling it Photon, right, for now, but Photon’s mandate is to solve the cost of cloud computing anywhere from one-fifth to one-half.” — Greg Osuri, 00:15:17

“There’s that innovation being stifled here. And it’s so many things that are wrong with centralization of the cloud. And considering compute is a very, very important, you know, foundational element of our society, we should, as people, have responsibility to take it back.” — Greg Osuri, 00:28:01

“In two years, majority of the internet traffic will come from cloud infrastructure providers, out of which three companies are going to have 80% market share. So, majority of the internet is going to come from three companies. That’s one problem.” — Greg Osuri, 00:24:08

“I’m just gonna go ahead and say this: I think centralized cloud is the biggest threat to the future of our society… I want to make sure you do [agree] by the end of the talk.” — Greg Osuri, 00:01:34

“If you have capacity — data centers that are being utilized only 15 percent of the time — the majority [of] the global compute power is sitting there… Why don’t we bring that capacity to the market? This is fundamentally wrong.” — Greg Osuri, 00:06:40

“They follow a model called burgers and fries model: they give you compute cheap [and] charge you for other things that are not compute… Majority [of] the revenues for [Google] comes [from] value-added services… Google Dataproc, which is essentially Databricks’ Spark… Databricks does not make anything [like] what Google makes on that product. Similarly you see [it with] Redis, with Amazon ElastiCache.” — Greg Osuri, 00:03:47

“In the 60s the model was centralized — the mainframe had all the power… in the 80s we saw the rise of PCs, which… distributed power… then we saw the rise of the public cloud with the evolution of mobile phones — the mobile phone was a very thin access layer to the centralized thing called a cloud. And now you’re seeing a model going back to the decentralized model with projects like ours… Filecoin, it’s storage… we took an approach of addressing the entire generic workload model.” — Greg Osuri, 00:14:02

“Two years from now, majority [of] the internet will come from cloud — cloud infrastructure, to be specific. About 53 percent of global data center traffic will be from three major providers, and the market is amazing — 71 billion dollars… So cloud is here to stay, cloud is here to take over, and three companies are going to control… [the] internet.” — Greg Osuri, 00:03:02

“Connecting data centers around the world, underutilized server capacity in data centers around the world — and there’re about 500,000 data centers which have about 85 percent of underutilization… the reason for this underutilization is primarily because of planning for peak.” — Greg Osuri, 00:01:27

“Akash is a decentralized and open marketplace for cloud computing resources, and the value proposition to the customer is to 80% cost reduction than what you would pay for the cloud today.” — Greg Osuri, 00:00:45

“Google effectively took what is open source and white-labeled and called their own, and a company that actually developed Spark doesn’t get to take the market… I have friends of mine whose companies were shut down — open source companies — because cloud copied this offer.” — Greg Osuri, 00:03:40

“Effectively in two years majority the internet traffic will come from three providers, and they happen to be Amazon, Google, Microsoft — and this is effectively very threatening to our society because we all know what happens when you have oligarchs control the foundational elements.” — Greg Osuri, 00:02:12

“For us, we’re a decentralized cloud infrastructure marketplace… Akash is where you procure your infrastructure and deploy and you settle — so that’s three pieces of the puzzle: procurement, deployment, and settlement. We use blockchain for procurement as an open marketplace… whereas deployment is off chain; we can’t really use blockchain per se because of performance, security… reasons.” — Greg Osuri, 00:05:07

“Well, security and ownership — we all know what happens when your data [is] centralized, with Facebook there’s no auditability, there’s nothing going on but your data. So I think decentralization is key here for future society.” — Unknown, 00:04:25

“User interfaces in decentralized systems, they’re hard because you’re writing and reading from the chain, [and] depending on what chain, it’s really slow. So I think it’s gonna be a combination of centralized systems and decentralized systems — you look at Coinbase, centralized, whereas Bitcoin is not… we can do much better, but it’s really really hard. I think that’s gonna be a big huge topic for the next few years.” — Unknown, 00:14:27

“Oh, it’s happening right now… I think five, ten years is a long, long view. Especially with the rate at which the innovation is catching up… when multiple people are thinking of this problem, that validates the problem. And one of them will win. I mean, I’m saying we might, but someone else will win.” — Greg Osuri, 00:11:10

“What’s happening today is the price is increasing because the amount of data we are processing is doubling every two years… by 2020, we’ll have 44 trillion gigabytes or something like that… that’s more than the stars in the known universe… But the cloud is not catching up. The infrastructure side of things are not catching up. And increasingly, the entire industry is becoming an oligopoly controlled by three major companies.” — Greg Osuri, 00:04:51

“Oligopolization leads to verticalization. Verticalization leads to price [gouging], innovation stifling… we have to claim the foundational element of the Internet. The society has to claim it back. And the only way that’s possible is through decentralization, taking the power back from the elites and spreading [it] across. And that’s the mission of Akash Network.” — Greg Osuri, 00:06:25

“The majority of the revenue that comes to the centralized cloud providers happen to be from these value-added services. It’s like burgers and fries model. Give you cheap compute, but we make money on the value-added services. And these value-added services are usually white-labeled open-source projects.” — Greg Osuri, 00:14:07

“Amazon is great. I love Amazon and Google as well. The way the system is set up right now with the centralized model, it’s not Amazon’s fault or Google’s fault per se… with the current market share that’s being gained by these three providers, effectively creates a logopoly.” — Unknown, 00:02:19

“I think the problem definitely exists. And I think the future we’re going to see protocols working with other protocols, like what you guys are doing, each one focusing on different markets… I think that’s the only way we can take on a centralized system there is today, which is oligopoly.” — Unknown, 00:38:54

“85% of server capacity sitting in corporate data centers remains unused. An extreme example: Intuit, the company behind TurboTax — on a tax day they run at 97 percent utilization; come next day it drops… nine months of the year they run at almost three percent utilization… on one hand you have this massive scalability problem, on the other hand you have this massive [unused] supply.” — Greg Osuri, 00:05:49

“[I’m] working on a decentralized cloud infrastructure network that aggregates computing power from disparate sources and creates a new supercloud.” — Greg Osuri, 00:00:48

“This is the first decentralized cloud that can run a fully functioning web application — be [it] Ruby, Python, Node, doesn’t really matter.” — Greg Osuri, 00:16:35

“For me it’s about censorship resistance and fault resilience — the idea that I can push a job or a function and forget about it; it will run no matter what, as long as I have tokens to pay for it. That is the essence of a decentralized system: there’s no single point of failure and there’s nobody that can take you down.” — Greg Osuri, 00:10:08

“The amount of data [and] data processing needs are doubling every two years [but] the processing power hasn’t been catching up… access to modern infrastructure is safeguarded by the cloud infrastructure providers… about twenty-one hyperscale providers, out of which three providers have a majority of the market share… they are being gatekeepers — they are not allowing the cloud to scale.” — Greg Osuri, 00:04:22

“The reason we’re building this is to create a network, or a cloud infrastructure, that is not owned by anyone but open to everyone… an individual standing up cannot take on Goliath — we’re talking about Amazon, Google, Microsoft. The only way we can do this is together.” — Greg Osuri, 00:28:08

“If you look at evolution of computing, in the beginning you had mainframes — it was a very centralized model… then the client-server came along and clients were equally as powerful as servers, so you had a way more distributed model. Then went back to the cloud, where cloud became the centralized entity… Now we’re seeing more decentralized, distributed architectures… you’re gonna see, as we move more into the decentralized distributed cloud, serverless will play a huge role.” — Greg Osuri, 00:18:16

“It’s a cloud tax — we all pay the cloud tax, we all pay the Amazon tax. More importantly, the direction cloud infrastructure is going today is scary, considering three companies will control 80% of market share in two years. When three companies, oligarchs, control foundational elements of the internet, it’s a very scary situation.” — Greg Osuri, 00:23:21

“We believe the foundation should be scalable, frictionless and free of censorship, and we believe in the unstoppable web. What we’re doing with Akash is essentially creating a new operating system for the Internet, and how we’re doing that is by tapping into unused 85% capacity.” — Greg Osuri, 00:03:02

“Cloud wasn’t quite cutting it for them in terms of performance because cloud is optimized for hyper scale… high-density data centers, but Akash doesn’t have that limitation. Akash will optimize a global scale for thousands of nodes… by using Akash they could get cost down, I think it’s 4x or 5x, than what they would otherwise pay on the cloud.” — Greg Osuri, 00:08:07

“60% of Ethereum nodes are running on AWS right now, which is kind of sad… it doesn’t really matter how decentralized the network is, [it] really comes down to your physical deployment. If you’re running on Amazon, I don’t consider that decentralized at all, especially when the majority of your network is running on a single cloud provider.” — Greg Osuri, 00:58:06

“What Akash does really is open up the market to these massive clusters, to small little deployments all over the world and gives the sovereignty to the user to choose what they want. And of course, the multi-cloud architecture in Akash also means that cloud companies plug into Akash directly, which they’re doing right now.” — Greg Osuri, 00:19:50

“We have about 150 edge sites that Akash is ready to go on… when we unlock those edge sites through Packet, I believe it’s going to be 150 metro areas delivering at under 10 millisecond latency — that’s extremely attractive for high-content, high-bandwidth streaming.” — Greg Osuri, 00:50:19

“We believe the future is interoperability, because Akash cannot do everything you need for a full cloud deployment… we’d rather work with teams or projects that have their expertise… interoperability, I believe, will be the future and is key for scalability and adoption.” — Greg Osuri, 00:40:56

“There were, I believe, nine or ten nodes that went down right around the time there was an outage in AWS — so only nine out of 91 nodes are actually on AWS. I take that with a lot of pride, because Ethereum has over 60% of the nodes on AWS, or cloud in general.” — Greg Osuri, 00:06:43

“Because Akash is unstoppable — that means you cannot take down the workload unless you have the key to the workload… borderless knowledge sharing, borderless commerce, truly borderless that cannot be stopped, is a big use case for Akash.” — Greg Osuri, 00:52:25

“We tap into world’s unused cloud capacity — 85% of the global cloud capacity that’s sitting in data centers is not used… probably even more, we’re being conservative with our estimates.” — Greg Osuri, 00:32:55

“Akash Network is the world’s first non-custodial cloud that can offer anywhere up to two times to ten times lower cost than the current cloud.” — Greg Osuri, 00:30:01

“A big vision for us for Akash is to become the gateway for decentralized cloud… what we want is to enable Akash users to use key management on NuCypher and pay using Akash token… so that cross-chain interoperability is very, very important for Akash.” — Greg Osuri, 01:00:30

“Building a free and open cloud is very, very important. And extending that to regions that experience oppression is very, very important… So you can imagine a world where people host their own super minis in different parts of the world and run the cloud on those super minis. That’s a fantastic outcome, right?” — Greg Osuri, 00:22:57

“We envision Akash to be in that forefront as a gateway to the decentralized cloud… I think we’re just seeing a Cambrian explosion of decentralized dCloud or dWeb… of projects that are actually shipping products today… the next step for us as an industry is to figure out how to reduce friction for adoption.” — Greg Osuri, 00:33:23

“Cloud infrastructure, the backbone of the internet, it’s getting increasingly centralized. It’s controlled by the monopoly of literally four companies… you pay the cloud tax, the Amazon tax, we call it, invisibly. And the mission of Akash is to really break the logopoly.” — Greg Osuri, 00:05:16

“That is a power of non-custodial interfaces… extending that similar experience for cloud is amazing… We don’t have a web interface yet, but you can kind of see how that will turn out to be like a Uniswap for like cloud deployments.” — Greg Osuri, 00:13:13

“We are a big contributor to IBC, and the reason why we wanted to use IBC is because we believe in a frictionless interoperable cloud, [with] Akash really being positioned as a gateway to a decentralized cloud.” — Greg Osuri, 00:50:16

“Amazon AWS started with S3 and maybe some compute, and today it’s an entire jungle of services — it’s a monolith, they control the whole thing. We see this as the open-source version of that, and we see it going to having that amount of diversity of services available on the network.” — Adam Bozanich, 00:57:20

“100%. I mean, I think we can cover at least 200 Solanas with the current capacity that we have… we don’t have a supply problem.” — Greg Osuri, 00:49:27

“300 billion dollars at 100 [percent] market penetration would be nice. It’ll be like the clouds — it’ll be everywhere.” — Unknown, 00:58:45

“How do you detect this illegal content? How do you remove it? Especially considering if you’re Amazon you probably have one company, but in Akash you have thousands if not millions of providers when we reach maturity.” — Greg Osuri, 00:52:18

“The moment you say we can introduce a governance process, that means… you’re introducing censorship… we don’t have the tools and technologies to even understand what the content is.” — Greg Osuri, 00:53:00

“The real problems we’re solving is cheaper, better, faster compute… Akash, by outsourcing and really bringing on different providers and letting users set the price, you are actually reducing the cost of compute… the amount of steps you need to take to go deploy something on Amazon is exponentially greater than what you can do on Akash.” — Greg Osuri, 01:12:58

“From one hand you have this incredible usability gains, from the other hand you have this amazing censorship resistance in a permissionless way… all this great adoption that we had is just a testament to these two incredible important features that Akash can provide.” — Greg Osuri, 00:45:54

“Right now it’s command line, but soon enough… you can see a world where their web interfaces are much more simple interfaces, ideally signed by web wallets, and the users themselves can deploy any DEX UI. So that’s really where we’re going.” — Greg Osuri, 00:43:48

“That gave way to really building a tool that can leverage Kubernetes and leverage the enormous amount of computing we have to build a second generation, new generation open source cloud — the first open source cloud — and that’s really what Akash is.” — Greg Osuri, 00:02:07

“We got picked up by Thorchain… they were having an effort to decentralize because a lot of their nodes are running on Amazon… I reached out to them: look, we can run Thor nodes pretty well, how about doing a thing — and I gave a bounty… about four thousand dollars worth of RUNE tokens and AKT tokens just for writing a guide.” — Greg Osuri, 00:12:49

“You have to use different tokens and different signatures and all kinds of things — so imagine trying to automate a solution that spans across these networks, like impossible, right? IBC is going to solve that in an amazing way… the real power is when you’re going to solve these friction problems for decentralized cloud adoption. Once you solve that, there’s nothing in front of us to actually replace incumbents, like centralized cloud providers, in a unified way.” — Greg Osuri, 00:22:46

“That gave way to really building a tool that can leverage Kubernetes and leverage the enormous amount of computing we have to build a second, new generation open source cloud — the first open source cloud — and that’s really what Akash is.” — Greg Osuri, 00:02:06

“They were having an effort to decentralize because a lot of their nodes are running on Amazon, and Thorchain — if you know, the team is an anonymous team — they embrace the decentralized values really well, to the core. And I reached out to them: look, we can run Thor nodes pretty well, how about doing a thing — and I gave a bounty… overall it’s about four thousand dollars worth of RUNE tokens and AKT tokens just for writing a guide.” — Greg Osuri, 00:13:31

“You have to use different tokens and different signatures and all kinds of things — so imagine trying to automate a solution that spans across these networks, like impossible, right? IBC is going to solve that in an amazing way… the real power is when you’re going to solve these friction problems for decentralized cloud adoption. Once you solve that, there’s nothing in front of us to actually replace incumbent, like centralized cloud providers, in a unified way.” — Greg Osuri, 00:22:39

“We began the company as an edge computing platform… that’s when we discovered this is a massive opportunity of unused compute. When we were actually deploying this platform we noticed 85% or so of the compute is not being used — that’s our conservative estimate. Some of our estimates are actually like 95% of the compute is not being used.” — Greg Osuri, 00:34:59

“Any big value is cost. I mean, costs anywhere from two to three x lower than the Amazons and Google to Microsoft, in some cases even ten times lower. So that’s incredible value proposition.” — Greg Osuri, 00:01:27

“…interoperable world, where the user experience is going to be much better than what you’ll experience on the cloud today, and we are working with NuCypher and Filecoin to make this happen.” — Greg Osuri, 00:39:14

“During the testnet phase we were the fastest growing cloud in the world, with 3,800 deployments, about 480 active developers. To give you a context, Polkadot has about 420 monthly active developers.” — Greg Osuri, 00:02:12

“The mission of Akash is to develop a modern, high performance, sovereign open cloud… where the system is not controlling the society but the other way — the society is controlling the system. It’s the first attempt of creating an open source cloud.” — Greg Osuri, 00:09:11

“My most satisfying moment will be like when something gets shut down on Discord, someone should put up a Matrix or a Rocket Chat on Akash; something gets shut down on Reddit, someone should boot up a Discourse forum on Akash; a website gets taken down, someone should go start a blog on Akash… liberty is foundational for a free society.” — Greg Osuri, 00:19:55

“I think decentralized software will be far better, far superior in experience to centralized software, just because the overhead they need is so minimal — and we’re just starting to scratch the surface.” — Greg Osuri, 00:31:19

“That cloud is increasingly becoming more closed, with 81 percent or so market share controlled by four companies.” — Greg Osuri, 00:07:46

“I mean, we had operating systems that were closed before 1991… 1991 came about with the introduction of Linux, the first free and open operating system that fundamentally changed the fabric of software.” — Greg Osuri, 00:04:57

“So you are paying for the cloud without knowing you’re paying for the cloud. There is this infamous term called the Amazon tax. Everybody pays an Amazon tax, but you just don’t realize it. So it’s a very integral part. It’s a core fabric that runs the internet and it’s closed.” — Greg Osuri, 00:04:15

“The structural issues with oligopolies are oligopolies tend to stifle innovation… It’s not like people stop flying. It’s just people stop innovating in flight. It’s not like people stop making phone calls, it’s just people stop innovating in telecom… And cloud is becoming one.” — Greg Osuri, 00:06:31

“Yes, this whole like Amazon is a safe bet ideology is actually cracking because the bigger something gets, the more inefficient it becomes. That’s just a natural law.” — Greg Osuri, 00:18:37

“So in just the simplest terms, Akash is, I would claim, the world’s first peer-to-peer marketplace for cloud computing… So in a sense, Akash is our first free market-driven cloud.” — Greg Osuri, 00:00:41

“2x to 3x, in some cases much higher, price advantage compared to the current market.” — Greg Osuri, 00:04:14

“Getting to trust a platform is climbing the credibility ladder. As we prove ourselves that this is a viable alternative, we’re going to see a lot more workloads. I think right off the bat we’re going to see a ton of decentralized finance front-ends using Akash… a lot of developer tooling… a lot of block explorers and ecosystem tooling.” — Greg Osuri, 00:35:17

“It positions Akash as the gateway for decentralized cloud… if you want storage — Akash doesn’t do storage, Akash does compute — long-term storage on Filecoin or Sia coin or Arweave can be used via IBC.” — Greg Osuri, 00:09:56

“The cloud, which is the foundational fabric of modern society… is increasingly becoming centralized, controlled by four companies. Number one thing Akash addresses is breaking this oligopoly and giving cloud back to the people.” — Greg Osuri, 00:02:48

“The holy grail eventually is to support managed services, and we’re working towards it… we want to do so in an open source and in a permissionless manner like what we do with Akash… it’ll be great to actually have your database managed by an expert versus self-managing your database.” — Greg Osuri, 00:37:23

“Cloud gives you this false premise that, hey, it’s ultimately scalable — put all your eggs in one basket and we’ll take care of everything. And what happened today, this morning: Binance went down, FTX went down, because they all trusted Amazon is the panacea… it’s just false. These things keep going down over and over and again.” — Greg Osuri, 00:04:57

“As we started deploying we discovered there’s a huge problem that happened to be underutilization of compute… around 85 percent of the compute capacity out there is underutilized.” — Greg Osuri, 00:09:15

“What you planned to build is something that can eventually scale to compete with AWS and Google Cloud and all of these really major cloud providers, and the only way to do that is to build a free market because these companies have figured out how to suppress competition.” — Jack Zampolin, 00:22:45

“Polkadot currently has about 420 monthly active developers, we had about 480, and Ethereum mainnet has about 2,500 monthly active developers, so that gives you a perspective as to the engagement that we were able to attract.” — Greg Osuri, 00:19:14

“We have this increased demand for the cloud which currently is about 370 billion dollars and you have this increased supply that’s not used, and you have this middlemen called cloud providers that they take advantage of the increased demand but not really solving the supply problems.” — Greg Osuri, 00:10:40

“The biggest of course is our integration with Equinix. Equinix Metal is by far the largest interconnected data center network in the world — we’re talking about over 220 data centers in about 25 countries.” — Greg Osuri, 00:02:52

“I think we could all agree that there’s a lot of danger in centralization of basically global compute, so it’s in the hands of a couple or three companies now. We know that they’ve colluded with one another before on other things.” — Adam Bozanich, 00:34:04

“It’s the first time you’re seeing a non-custodial, self-sovereign and a permissionless cloud that’s fully open source… there’s nothing like this that ever exists out there, and really excited to see the possibilities that we haven’t imagined yet.” — Greg Osuri, 00:35:33

“Oligopolies tend to create products that are misaligned sometimes to the customer base, and they tend to create competitive moats that makes it prohibitive for new players to come and partake in what should be a competitive marketplace… cloud, if you think about it, is the fabric that runs the society.” — Greg Osuri, 00:02:09

“Oligopolies tend to create products that are misaligned sometimes to the customer base, and they tend to create competitive moats that makes it prohibitive for new players to come and partake in what should be a competitive marketplace… cloud, if you think about it, is the fabric that runs the society.” — Greg Osuri, 00:02:09

“I had this vision of ownerless web services, where people can actually own web services — not a single entity, not a single human being, but the world can actually own a web service that is managed by a DAO and has a threshold signature for deploying and controlling — all that can be realized now with the decentralized cloud.” — Greg Osuri, 00:12:48

“I had this vision of ownerless web services, where people can actually own web services — not a single entity, not a single human being, but the world can actually own a web service that is managed by a DAO and has a threshold signature for deploying and controlling — all that can be realized now with the decentralized cloud.” — Greg Osuri, 00:12:48

“Akash is positioned to have this hyper customizable cloud, and that potentially can be reached, installed in 8.2 million data centers in the world. So the way you want to picture Akash is really: if Akash is Airbnb [for] compute, Amazon is like Hilton.” — Greg Osuri, 00:22:17

“Akash is the only network that does compute… when you have to deploy something, you got to deploy compute and then you attach all the services to compute… so that puts us in a very amazing position of being this gateway for the decentralized cloud.” — Greg Osuri, 00:56:25

“In 10 years I would imagine it’s going to be a fully self-sovereign… self-sustaining system, and if you think about the cloud, it’s what, 300 billion dollars, right? So even a reasonable one percent market share is three billion dollars of… economic activity coming into the network.” — Greg Osuri, 01:12:02

“Some of the users have gained or noticed 8x cost savings in comparison to Amazon Fargate… realistically our prediction was like 2x, but seeing 8x was… a really cool thing.” — Greg Osuri, 00:04:27

“The customers running their own data centers are sitting on humongous underutilized resources — 85% or so of data center capacity that’s deployed is underutilized, and we’re talking about 8.2 million data centers.” — Greg Osuri, 00:04:24

“The only way to do that is to remove the sense of control and centralization, to really go with an open model both for the source code… and provide a platform that’s permissionless, self-sovereign and non-custodial — and that’s what Akash is. Akash is, in a sense, the first open source cloud.” — Greg Osuri, 00:13:00

“I learned how to code when I was 12… and I had to borrow computing. I want to make sure the next generation is not going to find it hard… I want to make it affordable to a degree that 10-year-olds can get cloud power if they want. That’s — in four years I’d like to see that.” — Greg Osuri, 00:51:42

“You don’t see them as competition, you see them as complement… it’s actually better for these centralized cloud providers — Amazons and Googles and Microsofts — to use Akash to offload compute. In fact… we’ve seen some amazing interest in a lot of the big guys.” — Greg Osuri, 00:35:54

“Around eighty-five percent or so of compute that sits in this data centers remain unused, in some cases even ninety-five percent… the reason for that is planning for peak.” — Greg Osuri, 00:02:10

“Some of the users are getting eight times lower costs than Amazon… a half gigabyte box… cost[s] about 16 [dollars] a month; on Akash it costs about one dollar eighty cents… it’s cheaper, it’s faster, and it’s censorship resistant, and no one can stop you from using Akash.” — Greg Osuri, 00:08:30

“One of the things about Akash is it’s a generic cloud platform. So any machine learning application can run essentially. It’s not like a specialized computing language or anything like that. If it runs on Amazon, it runs on Akash.” — Greg Osuri, 00:29:56

“Machine learning companies today — Andreessen Horowitz came out the report recently, which is very fascinating… they said about 20% of their margins are actually paid out to Amazon. And this is a very cutthroat business, right? It’s almost like making these businesses unsustainable to a degree.” — Greg Osuri, 00:11:46

“Ideally, in an ideal world, we want a smooth sort of like experience for a developer where you just come, say what you want to do, and the system should handle that. And that’s the holy grail of where we are going with interoperability.” — Greg Osuri, 00:23:43

“Everything we do contributes to these two numbers, because adoption turns out it’s the only thing that matters. And if you look at adoption, we grew forty percent week [over] week from last week in terms of active deployments.” — Greg Osuri, 00:04:15

“What, four companies control 81 [percent] of the cloud? … if you look at any industry, [oligopolization] is an issue that most people don’t really talk about — like telecom, right? Telcos: 21 companies literally control almost hundred percent.” — Greg Osuri, 00:26:57

“If AWS does what Akash does, we won, right? That’s the point. Akash is not a company, it’s a network. It’s a network of network[s] where the owners operate and use the network.” — Greg Osuri, 00:54:37

“Our goal is to reduce time to deploy from 90 minutes to two minutes… you should be able to pick a recipe, like ‘oh, I want a WordPress with fully redundant storage spread across 10 different data centers,’ click, and this is how much I’m willing to pay. Absolutely, that’s going to happen very soon.” — Greg Osuri, 00:46:04

“This week proved that centralized infrastructure failed where decentralized infrastructure didn’t… if anything that has to be proven this week, [it] was a testament to why decentralization is the future.” — Unknown, 00:14:07

“It takes about 45 minutes to hour and a half to really understand how the system works and how to deploy. I like to see that come down to two minutes. I know it’s a hard target but I think we can do it.” — Greg Osuri, 00:07:49

“Мы часть рынка, оцененного в 300 миллиардов долларов, который по прогнозам вскоре станет 400 миллиардным рынком. Никто не знает, насколько сильно он вырастет в отдаленном будущем. У нас есть этот гигантский рынок, и мы хотим позиционировать себя как единственное облако с открытым исходным кодом.” (“We are part of a market valued at $300 billion, forecast to soon become a $400 billion market. No one knows how much it will grow in the distant future. We have this giant market, and we want to position ourselves as the only open-source cloud.”)” — Greg Osuri, 00:25:53

“Вы получаете доступ к огромному количеству предложений от примерно 8 миллионов дата-центров в мире. Вы не ограничены выбором из четырех компаний.” (“You get access to a huge number of offers from roughly 8 million data centers in the world. You are not limited to choosing among four companies.”)” — Greg Osuri, 00:08:19

“Akash предоставляет такие гарантии. Никто не может убрать приложение с платформы, даже я.” (“Akash provides such guarantees. No one can remove an application from the platform — not even me.”)” — Greg Osuri, 00:05:10

“Сейчас очень дорого запускать и компанию в облаке… Эксперты говорят, что 20% прибыли идет Amazon. Это безумие. Если вы стартап и 20% ваших денег идет в Amazon на оплату счетов за графические адаптеры, я не думаю, что вы долго сможете оплачивать такие счета. Это серьезно вредит стартапам.” (“Right now it’s very expensive to launch a company in the cloud… Experts say 20% goes to Amazon. That’s insane. If you’re a startup and 20% of your money goes to Amazon paying GPU bills, I don’t think you can keep paying those bills for long. It seriously hurts startups.”)” — Greg Osuri, 00:30:05

“Our vision is to position Akash as a gateway for decentralized cloud… Akash will be positioning as a gateway to the decentralized web, and in order for us to achieve that status we have to solve interoperability.” — Greg Osuri, 00:43:40

“Every part of the cloud stack is getting decentralized, and we put all of them together into one umbrella called d-cloud, and Akash we’re positioning as the gateway for the d-cloud.” — Greg Osuri, 00:17:26

“Today it takes about 90 minutes for someone that has no idea what Akash [is] coming to the website and actually deploying an application… I want to bring that to one minute — click, click, click.” — Greg Osuri, 00:38:45

“D-web or d-cloud is not there yet. We are seeing a lot of amazing signals, but I can’t really tell you that we have achieved product market fit — if anybody says that in d-web, they’re lying… people using your product doesn’t mean you have product market fit.” — Greg Osuri, 00:40:08

“The premise of Akash Network is to tap into 8.2 million data centers that remain underutilized — 85% or so capacity in those data centers being underutilized.” — Greg Osuri, 00:12:34

“It’s open, so it’s unstoppable, it’s permissionless — no one can stop you from using Akash, including myself. I cannot take it down… there’s a big reason of having the sovereignty — having this guarantees business continuity, so we are seeing a lot of companies using Akash as a disaster recovery or a failover kind of thing.” — Greg Osuri, 00:05:38

“We have like a trillion dollar market right now — the exit strategy is to acquire the trillion dollar market. Eventually, Akash is an open system, so anyone can use it… there is no reason for me to not think that we would [reach] 100 [percent] market penetration.” — Greg Osuri, 00:09:10

“If Akash is Airbnb, Amazon is Hilton. Akash is a very versatile system, so much so that you can have both very mission critical infrastructure that’s running on Equinix, which is the largest interconnected data center network in the world, to devices that can live in the home, with varying degrees of reliability.” — Greg Osuri, 00:12:48

“Right now about 81 percent of market share is controlled by four companies, and it is about to be a trillion dollar market by 2025. It is a massive market… cloud… is a fabric for today’s society… everyone pays an Amazon tax, an invisible tax.” — Greg Osuri, 00:09:12

“The results are obviously very beneficial for users. So some users experience anywhere from 8x cost [savings] switching from Amazon to Akash… and more importantly they can do their savings in a fully controlled… way without having any permission whatsoever.” — Greg Osuri, 00:01:27

“We make a better cloud by tapping into unused capacity, and turns out about 85 or so [percent of] capacity in 8.4 million data centers is unused… we provide a much similar capability but much better user experience at a price point that is one-third… what Amazon would charge… because we tap into servers that are not used, and as we get more supply it’s only going to get cheaper.” — Greg Osuri, 00:02:07

“Even the lower-level services such as Amazon Web Services deplatforming Parler… the point is these companies have the power, and that very weakness is being weaponized by state actors… in a case like that you want to have a disaster recovery platform that has much lower chances of failure… if you look at decentralized web, I think it is a lot more crucial than we originally thought, and 2020 proved that to be the case.” — Greg Osuri, 00:20:32

“You have three protocols that are decentralized… working with each other, interoperating… I call it the holy trinity — Skynet, Akash and Handshake — because that is the big foundation for an unstoppable web.” — Greg Osuri, 00:05:39

“When it comes to Akash, the cost advantage of using Akash versus a centralized cloud is one third… sometimes here is one fourth, like when compared to like Google or whatnot. And the reason for that is because of openness. Open marketplaces generally tend to optimize for the forces of demand supply for pricing versus someone, an individual set the price.” — Greg Osuri, 06:15:44

“We’re fully transparent. We’re fully open. We have public scrutiny on everything we put out there. That makes it a lot, lot more secure than your traditional cloud. And hands down, I think decentralized cloud is the future.” — Greg Osuri, 06:20:46

“Decentralized infrastructure is ready. D-web is here. Adoption is growing. And I hope people will now be in a situation that they can take decentralized web more seriously.” — Greg Osuri, 06:34:27

“Graph is essentially indexing nodes running on servers. Where are these servers running? Amazon, right?… Where is that DNS running? Probably Amazon or probably Cloudflare. Right? You’re not decentralized. You’re not. Just own it.” — Greg Osuri, 06:26:34

“I’m still bedazzled as to why Uniswap is not on Handshake. Handshake is a truly decentralized DNS network… I’m still bedazzled why Graph is not running nodes on Akash… I’m still bedazzled like why the UI is not running on Sia or Skynet or Akash… unless, I would say, like three fourth of your infrastructure is decentralized, you’re not DeFi.” — Greg Osuri, 06:27:50

“I believe, to run a full node for an Ethereum node costs about $25,000 on Infura… it costs about $25,000 to run. And decentralized clouds will probably — right now, it’s one third. I mean, so if you like money, you probably will like decentralized cloud.” — Greg Osuri, 06:30:12

“DeFi needs to be open. Open finance needs open cloud. I’m going to say it again: open finance needs open cloud. Being on Amazon, being on cloud, you’re not decentralized. Prove me wrong. Number two, there’s a huge regulatory risk that you are basically avoiding, and time is not going to be on your side very soon.” — Greg Osuri, 06:30:45

“I’m not worried about when they use for good, but I’m really worried about when they use for bad. And if you tell me nothing bad happens, I’ll tell you you’re full of shit. So something will happen, something bad will happen. And that’s when — when a centralized platform can censor a sitting US president, that tells you the amount of power these platforms have.” — Greg Osuri, 06:14:17

“Will that change tomorrow? Yes, it will, with more abstractions that we build on the decentralized infrastructure, and people are building those abstractions. But as it stands today, it’s hard to use. It’s for advanced usage.” — Greg Osuri, 06:17:13

“Our vision is to position Akash as a gateway for decentralized cloud… Akash will be positioning as a gateway to the decentralized web, and in order for us to achieve that status we have to solve interoperability.” — Greg Osuri, 00:38:23

“Every part of the cloud stack is getting decentralized, and we put all of them together into one umbrella called d-cloud, and Akash we’re positioning as the gateway for the d-cloud.” — Greg Osuri, 00:12:11

“We care about that a lot. I want to bring that to one minute — one minute, click, click, click… automate this entire bootstrapping or booting process from 90 minutes to one minute.” — Greg Osuri, 00:34:08

“D-web or d-cloud is not there yet. We are seeing a lot of amazing signals but I can’t really tell you that we have achieved product market fit — if anybody says that in d-web, they’re lying… people using your product doesn’t mean you have product market fit.” — Greg Osuri, 00:34:50

“The premise of Akash Network is to tap into 8.2 million data centers that remain underutilized — 85 percent… capacity in those data centers have been underutilized.” — Greg Osuri, 00:07:14

“I see a lot of nodes being deployed on Amazon — I think arguably about 70% of the nodes running are running on Amazon today, and they all have their keys in Amazon itself. If the server on the Amazon gets compromised, you’re screwed… no one is going to save your keys, not Jeff Bezos — in fact, they probably have access to your keys and you don’t even know about it. It’s that bad. Current cloud is so insecure that people don’t talk about it unless something really bad happens.” — Greg Osuri, 00:12:45

“For me, I don’t see… centralized is yesterday, and then the future is decentralized. It’s an evolution… that means all the things that we have in terms of efficiency and whatnot will come in decentralized networks itself, and that is just a factor of time.” — Greg Osuri, 00:05:44

“Akash is going to come up with managed services, but we’re going to do that in a decentralized way like we’ve done with compute. It’s a very hard problem to solve… it’s going to take a while, but when that comes — Amazon has about 250 managed services, but Akash will have a lot more than that because of the decentralized permissionless marketplace.” — Greg Osuri, 00:12:42

“Four companies control 80 percent of the market share and there’s really no way to break this oligopoly except to take a route which those four companies can’t even fathom taking, which is decentralization and open source.” — Greg Osuri, 00:04:18

“Once you rebuild your traditional infrastructure to be more open, you’re essentially creating the template for the future that a viable open systems is possible, and you don’t have to build on the traditional cloud. I think that’s going to be the biggest paradigm shift for Akash and rest of the world.” — Greg Osuri, 00:19:10

“The problem is that whoever heads the institution has all the power, and I don’t like that. I rather want the power to be with the people. So we built Akash Network to keep the power to the people.” — Greg Osuri, 00:20:35

“You have this cloud basically getting consolidated into four companies — like Amazon, Google, Microsoft and Alibaba — all creating effectively an oligopoly… and that industry is growing at such a rapid pace I believe it’s going to be a trillion-dollar industry very very soon.” — Greg Osuri, 00:05:44

“Right now it’s not decentralized fully, but will it be decentralized? Yes. And what is the trigger? It’s not going to be ideology — we know that, people don’t care about values as much as you and I think they should… I think it’ll come down to user experience and collaborative features on top.” — Greg Osuri, 00:30:41

“When you see how important it is, the kind of role it plays in our daily lives without even realizing — everyone pays an Amazon tax, an invisible tax… I think it’s a dumb problem, to correct supply with demand, and the result is obviously the cost benefit, because what happens when supply meets demand? You’re going to see a cost reduction — that’s just the nature of economics.” — Greg Osuri, 00:01:26

“We’re attacking the problem at the core. The core of the problem which created Amazon Web Services was unused capacity. If we solve that problem, we don’t need Amazon Web Services… it’s not going to be a single day or a single year journey.” — Greg Osuri, 00:16:22

“We doubled the number of total workloads deployed in Akash in a month… we still have 100 [percent] growth month over month at month five… it’s very clear that the world is ready for a decentralized version of Amazon.” — Greg Osuri, 00:17:05

“Right now about 81 percent of market share is controlled by four companies, and it is about to be a trillion dollar market by 2025. It is a massive market, and if you think about cloud, everything today goes on the cloud — it is a fabric for today’s society.” — Greg Osuri, 00:00:43

“While the demand is there, we have enormous supply that’s being unlocked in data centers, because turns out 85 to 95 percent of the compute in data centers remain unused… you normally plan for peak and you always want to keep peak capacity.” — Greg Osuri, 00:00:46

“Amazon right now has about 250 services, but when Akash is fully mature and, you know, decentralized — where anybody can add any service that they want and there’s a way to verify these — I don’t see how we can[‘t] have a much more extensive catalog than any other cloud providers.” — Greg Osuri, 00:19:55

“If we look at cloud as a public infrastructure, a public utility, we don’t have anywhere close the level of scrutiny the other public utilities like power or water has… when we recognize cloud is important, it’s important to take back the cloud from oligopolies, for lack of a better word.” — Greg Osuri, 00:14:13

“The data gravity problem is not a technological problem, it is a pricing problem… the root of that problem is the egress costs… they want your data to stay in the cloud.” — Greg Osuri, 00:08:38

“What’s crazy is deplatforming is getting weaponized by state actors against legitimate companies… so people are using Akash as a disaster recovery mechanism.” — Greg Osuri, 00:22:03

“The whole thing about you saving money on a cloud is a fallacy… it’s a trend now, there’s a repatriation of data centers: any high-growth Silicon Valley company like Dropbox or Snapchat, they’re actually moving back to data centers for a reason.” — Greg Osuri, 00:06:28

“It’s growing really fast, and it’s still doubling every month if you think about it, the amount of workloads, active applications being deployed. And I’m so proud that we actually now have a fully, a good viable alternative to Google, Microsoft, and Amazon that is fully open.” — Greg Osuri, 00:07:08

“Censorship by the few is censorship on the many, essentially, right? So, censorship in general is a terrible thing. I don’t want anybody to have the ability to silence somebody.” — Greg Osuri, 00:32:37

“Decentralized systems, when they embrace decentralization, end up building far superior user experiences than a centralized system. For example, Uniswap… It takes 30, 40 steps by the time you can swap an asset [on Coinbase]. Versus you come to Uniswap, you click, click, click, and you swap.” — Greg Osuri, 00:18:54

“You actually end up spending a lot more money on the cloud than running a data center. And these cloud companies now have 81% market share. So if you imagine cloud is a fabric of society… Majority of this cloud is actually controlled by four companies. And that very thought is scary.” — Greg Osuri, 00:05:30

“The fact that there are platforms that can silence you that are not government-controlled, but private-controlled… considering that these Amazons and Googles and Microsoft can shut you down if they don’t like you… That much power in few is not something that we can sleep with.” — Greg Osuri, 00:09:24

“Permissionless systems are generally known to scale at a global scale — internet being a big example. When internet was broken from the jails of AOL, we really saw the penetration that it has today, and similarly Akash is doing that to cloud computing.” — Greg Osuri, 00:07:20

“Every stack of the cloud today is getting decentralized, all the way from bandwidth allocation — you have networks like Sentinel or Helium or Orchid… discovery layers such as Handshake or ENS domains that are decentralizing DNS… compute layer, Akash is the player there… storage layer, we have Filecoin and Skynet and Arweave… every element of the stack is decentralizing, and Akash, being the compute layer, is the glue that brings all these decentralized networks in a form that’s easily available to the developer.” — Greg Osuri, 00:12:26

“Everyday users are actually paying invisible Amazon tax, if you know it or not, and that will be lowered without even knowing what happened. So web3 is an infrastructure layer that’s optimizing and building a more equitable cloud.” — Greg Osuri, 00:13:52

“Decentralization generally means a more equitable — it is the great equalizer… if you look at what’s happening with Bitcoin or Ethereum… similarly, what Bitcoin did to money, I think Akash is doing that to cloud computing.” — Greg Osuri, 00:10:12

“You have self-driving vehicles — they’ll start using Akash. You have all these amazing things to look forward for. Overall I think we are in a big paradigm shift from centralized architectures to decentralized architectures from a technological landscape, and I’m just super excited to be contributing and leading these efforts.” — Greg Osuri, 01:17:37

“Using Amazon back then was like no way in hell — if you use Amazon you get fired. Now if you do not use Amazon you get fired, I suppose. You’re seeing similar patterns with Akash. Not too many people know about Akash, but it’s one of those things that takes time for technologies to really show their power.” — Greg Osuri, 00:22:50

“Akash Network is censorship resistant… no one can take down the workload as long as there’s a provider willing to serve the workload… Parler would run very efficiently on Akash, because as long as it’s half the country that’s agreeing with them.” — Greg Osuri, 00:25:33

“Deplatforming is being weaponized by state actors, against corporate transfers, against individuals that disagree with them, and we need a solution… you can run your primary site on Amazon… in case you get deplatformed you can switch over to Akash in an instant, instantly, without losing any of your customers.” — Greg Osuri, 00:31:59

“Four companies essentially control 80 percent of the marketplace, and in the process they became rent seekers… an industry today is about 390 billion dollars and which is projected to be a trillion dollars very soon — majority of that is controlled by four companies.” — Greg Osuri, 00:07:06

“Internet was created as a decentralized network to fight against centralization… but over time it got increasingly centralized, and now the landscape looks like 80 percent or so of the cloud computing, which is a backbone for the internet, is controlled by four companies — Amazon being the biggest one.” — Greg Osuri, 00:01:29

“We launched the platform about six months ago and so far we have about 500 applications live… over 30,000 deployments that happened over the last six months… until last month we were actually doubling in terms of workloads.” — Greg Osuri, 00:03:36

“It’s probably more secure than your traditional Amazon because Akash being open source, all our source code is actually open for a public audit, so it offers similar levels if not better levels of security guarantees Amazon’s or the big cloud offers.” — Greg Osuri, 00:03:36

“The way Akash network operates is self-moderation. That means providers on the Akash network choose who they want to serve… as long as there’s a provider that’s willing to serve Parler, Parler can run on Akash. But if there are no providers… that website won’t be served on Akash platform.” — Greg Osuri, 00:05:45

“Internet was created as a decentralized network to fight against centralization… but over time it got increasingly centralized, and now the landscape looks like 80 or so of the cloud computing, which is a backbone for the internet, is controlled by four companies — Amazon being the biggest one.” — Greg Osuri, 00:02:10

“We launched the platform about six months ago and so far we have about 500 applications live… over 30,000 deployments that happened over the last six months… until last month we were actually doubling in terms of workloads, applications coming online to Akash network.” — Greg Osuri, 00:04:21

“It’s probably more secure than your traditional Amazon because Akash being open source, all our source code is actually open for a public audit, so it offers similar levels if not better levels of security guarantees Amazon’s or the big cloud offers.” — Greg Osuri, 00:04:21

“The way Akash network operates is self-moderation. That means providers on the Akash network choose who they want to serve… as long as there’s a provider that’s willing to serve Parler, Parler can run on Akash. But if there are no providers… that website won’t be served on Akash.” — Greg Osuri, 00:06:30

“This is not the first time a centralized company tried to put claim to an open system. Microsoft in the 90s tried to put claim to internet, AOL tried to put claim by actually developing tools for the internet, but ultimately an open system won. So the composability of open system will ultimately be the winner.” — Unknown, 04:56:12

“Today most the cloud computing market is really controlled by four players… the effects of which go beyond just cost… it really comes down to… what happens when few really control the many.” — Greg Osuri, 04:15:31

“Today most of the cloud computing market is really controlled by four players… the effects of which go beyond just cost. It really comes down to the whole topic of this conversation: what happens when few really control the many.” — Greg Osuri, 00:02:11

“I’m actually optimistic. It’s not the first time a centralized company tried to put claim to an open system — Microsoft in the 90s tried to put claim to the internet, AOL tried to put claim by actually developing tools for the internet, but ultimately an open system won. So the composability of an open system will ultimately be the winner.” — Greg Osuri, 00:43:19

“So in five to six years’ time, you’re going to see some of these enterprises adopt… we’re seeing champions now in different companies, we’re seeing enterprise adoption, but we may not necessarily focus on it.” — Greg Osuri, 00:35:27

“As we’re deploying Kubernetes into different data centers, we notice enormous amounts of capacity in these data centers is not used — so when north of 85% of capacity is not used — and we built the technology to enable any data center to become a cloud provider.” — Greg Osuri, 00:07:02

“I believe in a multi-chain future, absolutely, there’s no doubt… like we saw with Web2 too — you build on a shared platform like Firebase, but the time when you have to really scale up, you go sovereign. I think the future is sovereignty.” — Greg Osuri, 00:22:37

“Web3 is taking a much more distributed, much more diverse attitude than Web2, because Web2 is all about concentration of power; Web3 is about distribution of power. And we’re seeing that very clearly with dWeb, and I’m really excited for that future.” — Greg Osuri, 00:28:19

“[We want to] get to that framework-level integration so it becomes part of the workflow — so that Akash is just invisible in the background. You don’t even know you’re using Akash, but you’re using Akash. And there’s the beauty of permissionless systems: there’s no signup [or other] nonsense that you need to use.” — Greg Osuri, 00:40:46

“Two things need to happen for Akash to be over Amazon. First… Amazon has 300 backend services that form this phenomenal service fabric… Akash only has one service, which is container hosting, so we need to come to 300 services in order to have parity with Amazon. And we’re not going to do that as a single organization… we’re going to enable a services marketplace by end of 2022.” — Greg Osuri, 00:27:49

“2021 was a preview for Akash — we showed the world what Akash can do. I think 2022 is when the world shows what they can do with Akash. I’m so excited, and this is the year which defines us, really.” — Greg Osuri, 00:40:22

“Equinix happened to be the biggest supplier… they offloaded, I believe, like ten percent of their underutilized supply… it’s about 85 [percent] or so [of] computing capacity in data centers [that] are not used. For them, if they don’t offload the capacity, it’s useless… essentially Akash becomes like the spot market for the globe.” — Greg Osuri, 00:53:12

“The outcome is a significantly lower price, right? So Akash right now offers anywhere from one third to one fifth the cost, the price point Amazon offers.” — Greg Osuri, 00:19:05

“One of the things we have on the roadmap is our services marketplace by end of 2022 — that’s really when we start going on the offensive… Amazon has about 300 services, right, and Akash is building a decentralized marketplace [of] services, and we assume a lot of these services are going to have their own tokens.” — Greg Osuri, 00:44:42

“If you think about what’s happening today, we’re seeing the largest migration of web2 to web3, hands down.” — Greg Osuri, 00:38:13

“We notice most compute in data centers, around 85 or so [percent] of compute in data centers, is not used. So that’s when the idea for a marketplace came about.” — Greg Osuri, 00:24:16

“Cloud business [is] about 700, you know, a billion dollars, right? It’s going to be a trillion-dollar market. But beyond that, the devices and the compute market — it’s just humongous.” — Greg Osuri, 01:07:05

“We think current cloud is overpriced… on the long run it’s going to be the capabilities that’s going to differentiate Akash, not cost… Amazon has 60% margins. That’s crazy… Snowflake is a public company — 50% of their revenue, that profit, goes to Amazon.” — Greg Osuri, 01:39:55

“We’re hoping to see something in by end of 2022. So 2023 I think is going to be… if we have a functioning system like this, it’s a game changer. It changes everything.” — Greg Osuri, 00:39:19

“We can’t be just yelling away ‘better than Amazon.’ We will be better than Amazon as long as we keep building in the ethos that it’s a market, it’s open marketplace for anyone to participate.” — Greg Osuri, 00:33:34

“I think we should be more worried about browsers blocking URLs. See what’s happening with Skynet, for example, Sia — Chrome blocks 80 percent of Sia URLs; most of Europe you can’t even access Sia URLs… in Gmail if you put a Sia link it will go away, Twitter will block it. I think you’re gonna see a lot of that come by.” — Greg Osuri, 00:46:25

“I truly believe all the applications — I mean especially decentralized applications — should run on a decentralized cloud. Just don’t run on Amazon… if a lot of nodes are running on Amazon, Amazon shutting you down could affect the security of the network, but rather if you have nodes running elsewhere, you’re okay.” — Greg Osuri, 00:42:47

“There’s no reason why you shouldn’t launch an Osmosis UI directly from Keplr that’s fully dedicated to an RPC server that’s fully dedicated to you — maybe even a validator node if you want that level of sovereignty, a full-stack DeFi layer… you should be able to launch that directly from your Keplr wallet… the user ultimately is responsible for the UI and the company doesn’t operate [it] anyways, and Akash provides you the runtime for your container.” — Unknown, 00:47:51

“As we were deploying the solution to different customers that own data centers, we realized most compute in these data centers was not used — 85 [percent] or so — and that’s when the idea to create a spot market for compute came about.” — Greg Osuri, 00:04:24

“Taking on the cloud, a trillion-dollar market, is not going to happen in a matter of a couple of years. It is a long endeavor… we’re going to be here for the next seven more years without even thinking about it.” — Greg Osuri, 00:42:43

“Akash is becoming the de facto standard to run web3 infrastructure, and that’s happening with I think four out of the top 100 blockchains now, and that’s going to continue to happen.” — Greg Osuri, 00:59:04

“Akash has what, 600 active deployments, compared to a 500 billion dollar business which is Amazon Web Services — we’re not a threat yet… it’s going to be more of an Airbnb versus Hilton. Hilton did not deem Airbnb as a threat until they surpassed Hiltons and all the hotel chains’ market cap… similarly Amazons and Googles and Microsofts can’t offer what Akash can offer — their model is not set up that way.” — Greg Osuri, 00:41:35

“Most likely we’re going to not evolve as that threat, but we’re going to evolve as a complement to the big cloud… eventually Akash will support everything Amazon supports and beyond that. Let the market decide.” — Greg Osuri, 00:43:01

“How much does Infura charge for running an Ethereum RPC node versus Akash charging? I think it’s exponentially lower. And ideally… wallets like MetaMask actually give you an ability to launch RPC nodes that’s dedicated for you, and that you know for sure is secure enough, on Akash directly from the wallet — that’s what I like to see… everybody gets an RPC node.” — Greg Osuri, 00:30:42

“A good pathway from here would be someone like Pocket Network, who specializes in running nodes, or even Infura or even Alchemy — Akash will become another provider… and if these platforms give the users a choice of running over centralized infrastructure versus decentralized, I think it will be a fantastic outcome.” — Greg Osuri, 00:15:48

“So far we’re able to attract over 8,000 participants. This is by far the biggest testnet for Akash, for sure, but I think it has to be one of the largest testnets in the web3 space itself.” — Greg Osuri, 00:07:04

“We always talked about pricing, an open model enabling or unlocking futures for cloud… Akash is the only cloud network or platform that can do futures. You cannot do futures on Amazon because the data is not open. You need the data to be open, so we have an advantage.” — Greg Osuri, 00:16:31

“Akash now, effectively by enabling persistent storage, you can actually build a very modern CDN on top of Akash — ideally decentralized, which will be really cool.” — Greg Osuri, 00:20:40

“Now you have all kinds of censorship happening at the RPC level… RPC servers have to obey the law of the land wherever the servers are hosted… giving ecosystems’ users [the ability] to host their own RPC servers, of course in compliance with whatever country they’re operating from, is a great use case for Akash.” — Greg Osuri, 00:32:07

“You’ll be able to run a lot of the storage networks… running on top of Akash, and you’re going to see other validators like Solana, which have huge storage requirements, running on Akash. You’re going to see full nodes in the entire Cosmos ecosystem.” — Greg Osuri, 00:17:05

“Once providers are profitable, that is something that can be used to attract other providers… that’ll massively grow the provider base. Once we have 300 to 500 providers, that is significantly higher geo presence than let’s say an Amazon.” — Greg Osuri, 00:32:08

“Our selling points, our USPs, are better, cheaper, faster. How is it faster? Low latency delivery using 500,000 nodes across the world. That’s a very unique property for Akash. But before we can run, we gotta walk — we gotta show providers this is profitable.” — Greg Osuri, 00:34:15

“Obviously AWS can cancel web three with a strike of a pen, right? So one man controls it, essentially.” — Greg Osuri, 00:32:40

“In a bear market, all the noise gets canceled, the signal gets amplified. And signal is very clear right now that [Akash] is going to be the future of web infrastructure.” — Greg Osuri, 00:34:02

“The idea behind [Akash] is to unlock unused capacity — about 85 or so [percent] of global data center capacity is unused. So by enabling those providers to offer their compute in an open, competitive way, we can solve efficiency problems, [and] the outcome is the cost — a cost about 95 percent lower than your traditional cloud. Like last night I was able to deploy an Osmosis validator for seven bucks a month.” — Greg Osuri, 00:02:52

“The idea behind [Akash] is to unlock unused capacity — about 85 or so [percent] of global data center capacity is unused. So by enabling those providers to offer their compute in an open, competitive way, we can solve efficiency problems, [and] the outcome is the cost — a cost about 95 percent lower than your traditional cloud. Like last night I was able to deploy an Osmosis validator for seven bucks a month.” — Greg Osuri, 00:02:52

“On-chain computing is hyper redundant — that’s why it’s expensive, that also is why it’s secure. Off-chain compute, the redundancy depends on the scheduling algorithm. Amazon is not redundant… if an Amazon data center goes down, it goes down — it’s redundant within the scope of the data center… the challenge is to design something that allows for cross-site, or maximum possible, redundancy while allowing for performance.” — Greg Osuri, 00:05:01

“On-chain computing is hyper redundant — that’s why it’s expensive, that also is why it’s secure. Off-chain compute, the redundancy depends on the scheduling algorithm. Amazon is not redundant… if an Amazon data center goes down, it goes down — it’s redundant within the scope of the data center… the challenge is to design something that allows for cross-site, or maximum possible, redundancy while allowing for performance.” — Greg Osuri, 00:05:01

“Over 40 [percent] of Ethereum nodes currently run on Amazon alone, and over 54 [percent] of the nodes are running on the big cloud… that exposes the vulnerability… is Ethereum really as decentralized as it claims to be when one company has over forty percent of the network processing power?” — Greg Osuri, 00:07:55

“The whole purpose of building decentralized cloud infrastructure is to build a reliable infrastructure… the fact that a lot of dapps and nodes and our entire infrastructure depends on Web2 is not acceptable in my book, and the Cloudflare outage clearly showed that our decentralized infrastructure is very, very reliant on Web2 — and that needs to change now.” — Greg Osuri, 00:06:29

“Once providers are profitable, that is something that can be used to attract other providers, because there’s actual money to be made here… that will enable provider incentives, that’ll massively grow [the] provider [base]. Once we have 300 to 500 providers, that is significantly higher geo-presence than, let’s say, an Amazon.” — Greg Osuri, 00:03:34

“Somewhere around sixty percent of Eth nodes are running on Amazon Web Services. So if Amazon tries to pull the plug, it’s gone… The foundation needs to be decentralized, because the companies like Amazon and Google, they have no choice except to comply.” — Greg Osuri, 00:21:32

“Akash was founded about four years ago with an idea of creating an Airbnb for cloud compute. What that means is there’s enormous amount of cloud-grade compute sitting in data centers across the world that is underutilized — about 95% of which is not used — and on the other hand we have this crazy demand for cloud with prices only going up.” — Greg Osuri, 00:07:52

“We’re seeing the rise of DWS, or decentralized web services, I call it… Akash definitely is the small global spot market that never existed before. So I think each of the platforms are finding the niches and specializing to those niches, and I think we’re going to continue seeing that solidification, product market fits.” — Greg Osuri, 00:10:01

“You have heavy distribution from a provider base and you have amazing user experience from a user base, along with product market fit, along with cost being 90 [percent] lower. Now that’s the unique selling proposition that Amazon can’t give — and all this in an open source [way]. Our USP is world’s first open cloud… our USP is better, cheaper, faster. How is it faster? Low latency delivery using 500,000 nodes across the world.” — Greg Osuri, 00:04:17

“Over time that’s going to go to a point that Akash will be the fastest network to deliver the cloud on. Imagine having a thousand endpoints, a thousand, like, regions, compared to Amazon’s 16 or 17 regions… the old clouds of the world are limited to data centers because they have to go build their own data centers. Akash — we don’t build a data center, people with data centers come to us. It’s a fundamentally different model.” — Greg Osuri, 00:33:35

“With that high performance and low cost data processing we can build the next layer… the services layer, and then you’ll be able to attract the mainstream web2 folks, and that’s a trillion dollar market opportunity. But we’re going to be diligent, we’re going to be phased, we’re going to be disciplined.” — Greg Osuri, 00:34:19

“I think the real mass adoption is going to come from higher level abstractions where the users don’t even know they’re using Akash — like DAO DAO, for example… dial users can get messaging and forums and all the tools DAOs need in a single button, paid using Juno tokens.” — Greg Osuri, 00:49:55

“We have about [4]50 providers. So you can imagine a world where we are gonna have 5,000 providers — that means 5,000 different locations, right? Not very far away… high performance computing that is globally distributed can be delivered… within a very low network latency. And this is a very unique offering, only off Akash… this is impossible on the cloud.” — Greg Osuri, 00:52:04

“We saw about close to 29, 30% of [provider] liquidity just for our memory, which is fairly high… if you relate to other players in the market — Filecoin has storage, their liquidity is about 0.7%. So to give you comparison, a 30% usage rate is a very [good] indication of a very healthy market.” — Greg Osuri, 00:30:40

“A thousand cloud grade data centers all available for you to use at 90 [percent] cheaper than Amazon — and that’s something that we’re building towards.” — Greg Osuri, 00:16:38

“Close to 50 providers across the world — that’s 50 regions, way more than Amazon. Amazon I think has only 20 or so regions. So we are a lot more distributed now and we’re going to be a lot more distributed. Imagine when we have these thousands of regions, imagine the kind of applications that you can build. I call that innovation beyond imagination.” — Greg Osuri, 00:15:56

“Over time that’s going to go to a point that Akash would be the fastest network to deliver the cloud. Imagine having a thousand endpoints, a thousand regions, compared to Amazon 16 or 17… Amazon and the old clouds of the world are limited to data centers because remember they have to go build their own data centers. Akash, we don’t build a data center — people with data centers come to us. It’s a fundamentally different model.” — Greg Osuri, 00:04:13

“How do you serve that data in a high performance way, in a low latency way? You do that by reducing the network latency between the end user and the server, and that means you need to go where the user is. That means the servers need to be in the same location of the user.” — Greg Osuri, 00:03:31

“With that high performance and low cost data processing you can build the next layer… the services layer, and then you’ll be able to attract the mainstream web2 folks — and that’s a trillion dollar market opportunity. But we’re going to be diligent, we’re going to be phased, we’re going to be disciplined.” — Greg Osuri, 00:04:55

“By enabling interchain accounts, an application on Juno can deploy directly on Akash using a Juno account and not an Akash account… now you’re going to see DAOs, members of DAOs, are directly deploying onto Akash using a smart contract from Juno, which is nothing like we ever saw in Ethereum. These are the kind of use cases that are going to showcase Cosmos and the power of Cosmos to the rest of the ecosystem.” — Greg Osuri, 00:14:21

“If you were to use cloud infrastructure, I’d rather prefer putting your infrastructure in a bare metal server sitting in a secure data center that you have complete control over, and not Amazon. Using Amazon for a web3 project is just fundamentally wrong — over-concentration of power… Akash is not really a cloud, it’s a market.” — Greg Osuri, 00:40:05

“Amazon Web Services is the number one host for crypto today. It’s fully closed source, it’s fully opaque — we have no idea what’s happening underneath the hood… there’s so many things that could go wrong in a closed source system, and web3 relying on the systems is not okay. We’re just waiting for a bomb to happen, and I don’t want to know what happens when sixty percent of the Ethereum network is attacked because they were vulnerable for a zero day on Amazon.” — Greg Osuri, 00:07:10

“Using that as a foundation, as a heavily distributed, decentralized system as a foundation — imagine the kind of tools you can build on top of it, all the way from source code hosting to node hosting to shared storage solutions on top of Akash. I think Akash gives you the foundational layer for folks to build additional abstractions on top that is founded on a decentralized base.” — Greg Osuri, 00:41:41

“Akash Network is the first viable open cloud. So cloud computing today, the infrastructure side of things, is essentially controlled by few closed companies — Amazon, Microsoft, Alibaba and Google being the majority stakeholders… Akash is the first viable attempt to decentralizing this oligopolized closed system called cloud computing.” — Greg Osuri, 00:42:02

“Phase four is to really offer low latency, heavily distributed computation, and in order for that to happen we need to have thousands of nodes spread across the world. Right now we have about 50 providers spread across the world. By the time we reach phase four we will essentially offer a product that’s unlike any other product in web2 or web3.” — Greg Osuri, 00:48:29

“Now we’re seeing this VPN service on Akash, 54 cents a month, that you have full control over, that you have full sovereignty over… that gives me all kinds of new ideas, right, like what kind of services are possible in the future on Akash where you can guarantee sovereignty for the users.” — Greg Osuri, 00:09:15

“You can imagine a world where a DAO, or a smart contract, actually completely owns the deployment without human intervention — so that removes the risk of the human being vulnerable… now we can have programs owning other programs and hosting those programs… I’m really getting excited about this idea that we can fully have autonomous deployments, ownerless deployments — essentially no single human being owning a deployment, fully running autonomously — and they cannot be taken down, because you can’t take down a smart contract, that means you can’t take down a deployment either.” — Greg Osuri, 00:03:35

“I’ve looked at preliminary data — I haven’t seen anyone running on Amazon at all, because it does not make sense. Like, why would you host on Amazon and provide the same compute for 97 percent cheaper? It makes no sense… the real data indicates there are no Amazon providers.” — Greg Osuri, 00:31:03

“These days the censorable part of the decentralized stack is not the actual protocol but the front end itself. So Akash network not having a front-end, or Overclock Labs which develops Akash network not developing a default front-end, puts us in a very interesting position because now our compliance requirements are much lower than most other protocols… the protocol itself doesn’t choose favorites or doesn’t really enforce censorship.” — Unknown, 00:00:00

“I’ve looked at preliminary data… I haven’t seen anyone running on Amazon at all, because it does not make sense — like why would you host on Amazon and provide the same compute for 97 [percent] cheaper? It makes no sense… the real data indicates there are no Amazon providers.” — Unknown, 00:02:50

“This is just the first step and next step obviously is going to be the Amazons and Googles of the world.” — Greg Osuri, 00:02:55

“If you read Akash’s white paper, we said cloud only looks great on the short term but on the long term is actually very expensive, and people are now starting to realize that.” — Greg Osuri, 00:19:40

“I think in a couple of years you’re going to see this amazing convergence happen and I’m super bullish, and that’s the vision that we’re working towards.” — Greg Osuri, 00:21:49

“Our thesis of, well, you’re going to have companies move away from the cloud and the data centers are going to get repatronized and there’s going to be a mass underutilization… we’re going to see a lot of these players like Walmart come away.” — Greg Osuri, 00:21:04

“There was a report I saw recently that indicated most of the validator nodes — not providers, validator nodes — are actually running on Hetzner. So I was a little surprised by this fact, because I would imagine if you’re an Akash validator you would not be running on a centralized [provider].” — Unknown, 00:00:00

“Your infrastructure, when hosted on a centralized provider, is not safe and there are no guarantees in this game… infrastructure of the future is decentralized and Akash is leading that charge.” — Greg Osuri, 00:02:13

“Akash validators running on Akash means a meta deployment — now that’ll be something crazy… I wouldn’t encourage the actual full nodes to be running on Akash itself, because when things go wrong the validators are supposed to fix the chain, and they’re fixing a chain that they’re hosted on — it’ll get into all kinds of unknown problems.” — Unknown, 00:01:28

“Akash is slowly getting to be enterprise ready, so sooner or later we’re going to be ready for a Walmart type — both as a user… right now we’re okay as a provider, but also as a user. I think in a couple of years you’re going to see this amazing convergence happen, and I’m super bullish — that’s the vision that we’re working towards.” — Unknown, 00:02:10

“When they build their own data centers they’re going to have underutilized supply… most traffic for Walmart comes during a shopping season, be it Black Friday or Christmas… most of the time the utilization is going to sit less than five percent or ten percent. So when that happens, their only avenue to offload their capacity is Akash network.” — Unknown, 00:00:43

“The cloud industry, which is about 500 billion dollars industry, is now starting to see cracks. Companies like Walmart are coming back from the cloud because they realize cloud over time is very very expensive — and this is something we wrote in our white paper… cloud only looks great on the short term but on the long term it’s actually very expensive, and people are now starting to realize that.” — Unknown, 00:00:00

“You can’t go censor a smart contract, you can’t stop a smart contract. So the only way out of this, like, heavy censorship regime is a fully decentralized stack, and we’re all working very hard to get there.” — Greg Osuri, 00:15:45

“A DAO on Juno can now own deployments on Akash… most deployments can become immutable… once the deployment happens, it happens forever, right, on chain. And if you can push the manifest on chain you can have this amazing, like, unstoppable services, and since it’s all on chain it’s fully verifiable.” — Greg Osuri, 00:14:18

“I think the future of DeFi is going to be a full supply chain decentralization. A full supply chain decentralization begins with the git repos, the merge mechanisms, the identity establishment by the contributors — all the way from the contributions to the deployment, fully on chain, fully verifiable. And that’s the kind of future Akash is already getting ready for.” — Greg Osuri, 00:15:01

“This announcement is a major announcement which I believe will set forth a series of bans by centralized cloud providers, and this is exactly the reason why Akash exists — Akash exists for a non-censorable, sovereign, always-on cloud.” — Unknown, 00:00:00

“This is just the first step, and next step obviously is going to be the Amazons and Googles of the world… the only reliable, scalable, sovereign, censorship-resistant infrastructure of the future is decentralized, and Akash is leading that charge.” — Unknown, 00:01:26

“Akash is still like 95 percent cheaper than your traditional cloud, with current distribution of like 50 providers or so — it’s very very distributed across the globe — and with provider incentives that we’re working on, we’re going to expect at least 1,000 to 1,500 providers very soon.” — Unknown, 00:01:26

“You can imagine a scenario where a build on Radicle or Utopia gets deployed — a verified build, right? Verify that the developer is legit, they write the code, that gets [an] on-cha[in]… deployment that is verifiable… so now you can essentially create the entire verifiable supply chain and have the guarantees that what you’re running in terms of code is actually legit.” — Greg Osuri, 00:50:10

“The most important thing from a project standpoint is for us to keep building, keep shipping features, keep improving the system in a manner that it opens up a lot more use cases… and before you know it, the decentralization is going to be in the center stage.” — Greg Osuri, 00:03:37

“50 [percent] on average [of] all the costs — the margins — actually goes to the big cloud… to the cloud providers. It’s incredible. So half of every dollar we pay to cloud services, all of us, goes to Uncle Jeff… the rent seeking model that was created, the invisible rent seeker.” — Greg Osuri, 00:13:44

“We anticipated this level of involvement long time ago. We’ve been arguing the fact that open technologies are the future because they reduce reliance… think about how much money and time investment goes into Amazon’s really centralized systems that have a lot of control and more often than not become choke points for combat operations or anything strategically important. It’s important for our government to operate without reliance on closed technologies.” — Greg Osuri, 00:02:54

“Then we have this bigger problem, which is the centralization of the cloud that… can decide one day to ban decentralization, right? And it’s [at] a very critical juncture right now.” — Greg Osuri, 00:14:27

“As we know, crypto right now is on a major assault by censorship as well as outright banning… I’m going to go on talking about why decentralization is important — [Hetzner] in the cloud basically is a kill switch.” — Greg Osuri, 00:12:59

“Akash is delivering, right? I mean if Akash is good enough for a US Department of Defense website, I think Akash is good enough for a lot of folks… these proof points are proving daily the fact that we have a viable technology that is secure, that is ready, that’s growing.” — Unknown, 00:01:27

“50 [percent] on average of the costs, all the margins, actually goes to the big cloud providers. It’s incredible — half of every dollar we pay to cloud services, all of us, goes to Uncle Jeff… the invisible rent seeker that we all don’t realize.” — Unknown, 00:00:46

“Platform clients that, you know, will eventually replace the Akash core team as the primary contributors to growth — and it’s already starting to happen. So Spheron is focusing on bringing on ecosystems like Polygon, countries like Africa, onto the Akash ecosystem… this level of organic involvement is exactly what we want to see, and we’re going to continue seeing that over the next few months and few years.” — Greg Osuri, 00:30:07

“Over the next 12 months we want to be 80%, right? And the plan really is to focus on our immediate ecosystem, which is Cosmos, so that we can nail the user experience and we can nail the retention, and slowly expand to other ecosystems.” — Greg Osuri, 00:31:32

“It’s very likely that in the future Akash would have 100% cloud penetration, which is a trillion dollar market… by the time you know it, there’s a real good possibility Akash could have 100% market share.” — Greg Osuri, 00:41:36

“Over 50 percent, on average, of all the money you pay to online services — like Netflix or the service fees to Uber Eats — 50% of that margin really goes to a cloud provider.” — Greg Osuri, 00:07:12

“Akash has always been… to bring people to the table, create a multi-cloud standard. I think that’s very likely the future, where you’re going to have the big clouds and the small clouds and everybody at the same table, leveling the playing field and giving the consumer the ultimate benefit, which is true cost of the cloud.” — Greg Osuri, 00:10:06

“Having their own data center, even though it may be expensive in the short term, actually is good in the long term… bringing back your data center is really where the future belongs. Akash can help you offset some of the costs… instead of needing 100 servers a company can have 80 or 70 servers and offload that unused capacity on the Akash Network, earn tokens, and use their tokens back when they want to scale.” — Greg Osuri, 00:08:40

“They represent hundreds of billions of dollars, on track to become a trillion dollar market in the next five years or so… Akash is the first attempt at creating an open cloud where the cost is 94% cheaper. What that means is our Netflix bills are going to be almost half… our cloud bills are going to be almost half.” — Greg Osuri, 00:40:51

“With a network of a thousand regions, the goal is to reduce latency to 20 milliseconds — network latency to 20 milliseconds for 95th percentile active internet population.” — Greg Osuri, 00:29:04

“In three years I would like to see a Microsoft or a Google or Amazon [on] Akash… I think it’s gonna happen… then we’ll go talking petabyte, not terabyte.” — Greg Osuri, 00:54:44

“We’re targeting about a thousand providers for the next 12 months or so… we want really heavily distributed, like the original vision of the edge computing. I think we’re going to see that. So by 2024 I think Akash [is] the most distributed network.” — Greg Osuri, 00:18:31

“Back then there were 8.2 million data centers; when we began [it] was at 7.1 million data centers… that’s very scary if you don’t do something about it… the edge data centers owned by companies, individuals are going away. If you don’t do something about getting them back, we will not be able to be at the purview of the cloud.” — Greg Osuri, 00:07:09

“There will come a point where you cannot use shared infrastructure anymore… Dropbox started off on the cloud but they came to a point where it’s very very expensive… people are going to need their own compute, their own sovereignty — be it compute, be it software, whatever layer you’re running on — eventually for scaling, and there’s really no other way.” — Greg Osuri, 00:47:40

“a16z came up with an amazing report recently called the Trillion Dollar Paradox, where they said 50 [percent] of every penny you spend on online services like Asana or Netflix and whatnot goes to Amazons or Googles of the world… half of every dollar you spend goes to the Uncle Jeff tax.” — Greg Osuri, 00:08:33

“The base layer is where you run the actual nodes… if you’re Ethereum, you’re essentially running on AWS — 50% of hosted nodes on Ethereum runs on AWS… so that layer itself is another level of censorship.” — Greg Osuri, 00:05:51

“We’re bringing that to the market with the first sort of open source cloud to do that — in fact, we are the only open source cloud that’s viable, so I guess we’ll be the first in anything we do.” — Greg Osuri, 00:02:59

“We expect at least a good thousand providers… maybe we will expect another 50 protocol clients, and then the phase three is really superiority. That’s when we’ll start seeing much better use cases that are not possible in the cloud.” — Greg Osuri, 00:07:59

“What do you do when you have a thousand providers in a thousand regions that can deliver a latency signature of less than 20 milliseconds anywhere in the world? The kind of applications, the kind of games that get built — that’s the kind of stuff… we focus on stories, we focus on adoption.” — Greg Osuri, 01:02:22

“People that share the values of decentralization with the projects that implement them are inherently vested to spread the philosophy. So I think adoption is going to be not a corporate-based adoption, it’s going to be network-based adoption, and that’s why I’m super bullish… it’s just spreading these value systems at internet scale.” — Greg Osuri, 00:45:02

“A government… spends billions of dollars for Amazon to have a sovereign deployment platform, which can be replaced by open source system. So open source is clearly winning here, and that’s the story that is going to matter when it comes to larger enterprises and institutions.” — Greg Osuri, 00:40:04

“By the time you’re done with parity, you can expect at least a thousand different providers… that means a thousand different regions. Akash will be the most distributed cloud in the world — fully open, fully permissionless… possibilities like innovation beyond our imagination… you can do low latency, for example, you could do cloud gaming — a lot of the things that you couldn’t do right now.” — Greg Osuri, 00:53:20

“Data centers are great to get sovereignty, but they’re not good to scale… [a layer that] gives you a homogeneous way to [run the cloud] on a heterogeneous resource set — that is a supercloud, and Akash is the first commercial implementation of a supercloud… The cloud evolved — how you think about cloud in a modern sense is not how you thought about cloud in the web2 sense.” — Greg Osuri, 00:57:37

“Akash lets you be sovereign at scale… Akash lets you have your own data center while being able to tap into a vast resource network of data centers… in a permissionless manner, priced in an open setting… DHH’s blog post is an amazing testimony and a validation of our thesis… and that’s going to be the trend, my friends — we’re going to be able to move a lot of these web2 workloads… onto Akash as soon as we get to maturity.” — Greg Osuri, 00:18:03

“The big feature is really the IP address marketplace. This is the first ever open marketplace for IP addresses there is in the world… we always talked about getting to parity with the current cloud, but now we’re starting to get into superiority.” — Greg Osuri, 00:01:27

“Before, in 2018, you had about 8.4 million data centers; now you have about 7.1 million data centers… and the hyperscalers are getting a lot bigger, because there are very, very little options to get cloud-like capability on data centers… you can either have a data center or you can have a cloud — you can’t use your data center capacity as a cloud provider. That’s the big challenge.” — Greg Osuri, 00:04:19

“Turns out 50 [cents] of every dollar you and I spend on online services — like Asana, like Netflix, like Notion or whatever — goes to Amazon or Google. Fifty percent… it’s an invisible tax that we all have, and guess who pays the bill — we end up paying, because the cost and savings come down to the user.” — Greg Osuri, 00:04:19

“By the time you’re done with parity, you can expect at least a thousand different providers… that means [a] thousand different regions. Akash should be the most distributed cloud in the world, and that’s fully open, fully permissionless… that gets into possibilities like innovation beyond our imagination — what can you do with thousands of regions across the world? You can do low latency… you could do cloud gaming.” — Greg Osuri, 00:03:41

“Data centers are great to get sovereignty but they’re not good to scale. That’s why Akash [has] the idea of a supercloud… where you can have a heterogeneous resource set and give a homogeneous layer that addresses all the functionality of the cloud, from deployment, scheduling, fault tolerance, observability to automation… Akash is the first commercial implementation of a supercloud.” — Greg Osuri, 00:07:59

“Enterprise cloud works to a certain degree but it does not work the way it should work as a public utility. The cloud needs to be a public utility. The only data structure to enable a public utility is a blockchain.” — Greg Osuri, 00:54:23

“If any lesson that you had to learn from the last few weeks, the centralization led to the [contagion] and decentralization is the only way out. So that’s why cloud needs to be decentralized.” — Greg Osuri, 00:55:07

“There are three companies that control over… I think over 60 to 70 percent of the compute and maybe like eight companies that control ninety percent of the compute… it’s getting to a point where few companies control our future.” — Greg Osuri, 00:51:25

“We’re going to be very aggressive in terms of developer marketing with Console… you’re going to start noticing much much higher user activity on Akash, and this user activity is just not madness — this is measured methodically and this is quantified.” — Greg Osuri, 00:03:39

“All these features are required for us to get parity [with] the cloud and then comfortably go to a big major Fortune 10 company or Fortune 50 company and be like, hey, move all your workloads [to] Akash, because now you have all the capabilities that you need to run. That’s not the next few months — it’s going to be next few years.” — Greg Osuri, 00:12:55

“You can build other stuff on top of Akash, and most of the adoption, I would think, would come from verticalization… Akash is a general purpose cloud… it’s like taking an F1 car to buy groceries… I would imagine you would build additional verticals on top of it that optimize for single use cases… there are about seven different companies working on building different protocol clients on top of Akash.” — Greg Osuri, 00:18:00

“We created Akash Network. Akash is the world’s first decentralized super cloud… a marketplace where one can acquire unused capacity… The goal really is to decentralize cloud deployment… avoid vendor lock-in and be able to leverage the most optimal pricing, and do so in a censorship-resistant and open setting.” — Greg Osuri, 00:02:11

“As a non-technical person, I think you shouldn’t even care about SDL. Hopefully we will get to that point sometime in the future, but right now Akash is meant for developers, and SDL really makes a developer’s life simple.” — Greg Osuri, 00:02:11

“Fortunately we don’t have any — haven’t had any security event, and I want to keep it that way. I think Akash itself has a much more secure design than Amazon — being open, being hyper focused on selecting the best infrastructures, and also not automating a lot of things people expect but rather giving the flexibility to the developer to choose the security architecture they please.” — Greg Osuri, 00:02:08

“If you look at some of the repos we have, it’s a single command deploys, right — from your vanilla repos to getting highly productive and into production within a single command on Akash, which is significantly better than Amazon… in fact even better than like Vercels or the Netlifys.” — Greg Osuri, 00:04:58

“If you were to use cloud infrastructure, I’d rather prefer putting your infrastructure in a bare metal server sitting in a secure data center that you have complete control over, and not Amazon. I just think using Amazon for a web three project is just fundamentally wrong. Over-concentration of power.” — Greg Osuri, 00:01:24

“We’re seeing this VPN service on Akash — 54 cents a month — that you have full control over, that you have full sovereignty over, that you know for sure is private… that gives me all kinds of new ideas: what kind of services are possible in the future on Akash where you can guarantee sovereignty for the users?” — Unknown, 00:00:00

“There is a war that’s more apparent now between the advocates of privacy and the advocates of surveillance… The fact that there is a database somewhere sitting that has your IP addresses and your transaction history is fundamentally dangerous, because this database is never secure… Last thing I want is my information with my public IP address, with all the transaction history associated, by name… on the dark web — and we know that’s going to happen.” — Greg Osuri, 00:02:50

“One thing about Akash is Akash can never ban you. There’s nothing that I can do or anybody can do to ban you, and that is very powerful construct… I think that’s going to be the trend moving forward.” — Greg Osuri, 00:11:31

“Guess what — Akash never went down, hasn’t gone down. Only time it was taken down was by its validators during upgrade processes, and that’s expected… when you upgrade it doesn’t take the infrastructure down.” — Greg Osuri, 00:47:32

“If you imagine Akash in two years or three years, I would like to see an Amazon, Google, Microsoft using Akash. I mean, the whole point of web3 is to be inclusive… web3 allows competitors to collaborate… Imagine a Google offering GPUs on Akash — that way they can keep their customer, at the same time offer a competitive GPU pricing. It’s good for Google, it’s good for Amazon. Web3 is good for business.” — Greg Osuri, 01:05:24

“I think in five years we shouldn’t be talking about web3, because web3 will be so integral to our daily lives that we won’t be having this discussion — it’ll be just something else.” — Greg Osuri, 01:09:04

“Akash is the first viable attempt to decentralizing this oligopolized closed system called cloud computing… the outcome is an amazing non-custodial system where you have complete control of your deployments that’s 97 [percent] cheaper than the cloud.” — Unknown, 00:00:42

“The problem we’re solving is improving efficiency of global computation, because our thesis is this enormous amount of unused compute out there — conservatively, over 85 percent of world’s computers [are] not used.” — Unknown, 00:01:26

“Half of every dollar we pay to online services like Netflix and Asana goes to a cloud provider, either Amazon, Google or Microsoft. 80% of that market is controlled by four companies… we pay an invisible Amazon tax. When Amazon goes down, half the internet goes down — that’s how powerful it is.” — Greg Osuri, 00:17:14

“People don’t care about decentralization, people don’t care about control as much as you and I like to think. But what they care is access… even though Akash is like 80% cheaper, it’s not that hard to get a regular computer on Amazon — there’s abundance of it. But I think GPUs are going to be one of those killer use cases for Akash.” — Greg Osuri, 00:21:33

“You had companies like AOL that actually went ahead and created these choke points, but the market came around and rejected those choke points and it went back to decentralization. Now we are seeing the opposite, where you have heavy concentration of compute power by a few providers… the best solution is not government intervention, it’s really the industry self-correcting.” — Greg Osuri, 00:10:14

“If you want something permanent like a blockchain… you have complete control over cost and complete control over privacy. What Akash comes into play and does is really enables you to have your own data center — that gives you sovereignty and control — and sell any unused capacity you have in the data center to people that want to use it, or tap into a larger pool when you want to scale.” — Greg Osuri, 00:23:54

“50% of every dollar you and I spend on online services like Asana, like Netflix, like Notion goes to Amazon or Google. The Amazon tax — it’s an invisible tax that we all have, and guess who pays the bill.” — Greg Osuri, 00:20:16

“As we’re deploying our software to a lot of these data centers, we discovered most of the compute is not used — like 85% of the time a data center is not used.” — Greg Osuri, 00:12:57

“The actual term for what Akash does is it’s called a supercloud. Akash is [a] supercloud in the sense that it aggregates various heterogeneous resources to give a homogeneous interface, to make it easy to deploy, easier to manage, easier to secure… across different servers, and it promises sovereignty but at scale.” — Greg Osuri, 00:16:33

“There’s no reason [why], if Twitter is doing AI, for them [not] to be able to sell their underutilized capacity to Facebook… and do so in a way that is decentralized and you don’t require trust. So I think decentralization is an amazing way for competitors to cooperate.” — Greg Osuri, 00:36:05

“A16z did an amazing blog post analyzing their companies… as well as the public companies… on average, half of every cent, every dollar you spend goes to Amazon, Google and Microsoft on online services… Twitter… burning like 1.5 million dollars a day on the cloud… Asana spends 60% of their margins on Amazon.” — Greg Osuri, 00:07:55

“Decentralization is about removing concentration of risk. Decentralization is about removing attack vectors that compromise the network.” — Greg Osuri, 00:54:30

“Any marketplace should be decentralized. Any value exchange I believe should be decentralized, because marketplaces optimize for perfect competition.” — Greg Osuri, 00:15:06

“It’s really about removing the risk of a system failure — removing systemic failure risk… Today you have centralized systems like Amazons and Googles of the world: if the company collapses, the product [dies], no matter how important it is to you or to the society. If the company dies, [the] product [dies].” — Greg Osuri, 00:12:15

“The internet that I want needs to be sovereign, needs to be private, needs to be decentralized, and needs to be efficient. That’s the internet that I want… it’s a foundation.” — Greg Osuri, 00:00:00

“It is the largest market — we have about 50 providers right now… and that’s growing very quickly, and with incentives we expect at least a thousand provider footprint in the next 12 months… it will be the most distributed network. I think from a regional distribution, Akash is a lot more distributed than Amazon’s… the way we’re trending, it’s only a matter of time.” — Greg Osuri, 00:13:31

“When I talk to developers, people don’t realize we actually have a viable open source cloud… I think that’s a big deal for me and a big deal for, I think, the world.” — Greg Osuri, 00:45:14

“If you consider cloud to be the fabric that holds a society, we need this fabric to be open and we need this fabric to be governed in the public and resources allocated in the public, rather than a single corporation doing it in a completely opaque manner.” — Greg Osuri, 00:14:00

“In the future you won’t be surprised to see an Amazon user using a GPU on Google, paying using their Amazon account, and actually not leaving Amazon… now Amazon has a way to retain the user… and actually work with a competitor — and Akash is the bridge.” — Greg Osuri, 01:20:52

“I think in a year or two timeframe you’re going to see quite a lot of [hyperscaler] participation… and as that progresses it’s not hard to see how Akash becomes a second market for cloud-grade compute.” — Greg Osuri, 00:31:16

“The first major milestone for Akash Network is parity with the cloud… post parity, imagine having 10,000 providers in every city of the world — GPU, CPU, whatever resource — imagine being able to provision a workload that follows your user no matter where they go.” — Greg Osuri, 01:09:28

“That’s the kind of future that we’re looking at, and it’s only possible for a decentralized system, because centralized systems will absolutely fail. There’s no way, at the scale which we talked about, a centralized system can function… it has to be decentralized from the get-go — the core has to be decentralized.” — Greg Osuri, 00:40:28

“The whole point of Akash is to remove the heavy concentration of power… compute cloud today is a fabric of modern society — our data, your data, everything runs [on it] and there’s no going back… the concentrated compute power: Amazon, Google, Microsoft control over 80% of the market today.” — Greg Osuri, 00:29:45

“Because Airbnb is a network that connects unused space and offers a price point that [is more] attractive, so Akash is that sort of layer that is very similar to Airbnb for developers that host cloud data.” — Greg Osuri, 00:02:55

“Big hyperscalers are looking at [Akash] and finding ways to, like, figure out great ways to work with [Akash] publicly… I think it’s going to be [Akash] just as a global standing of how people use compute… it’s going to be like AWS support[ing it], for example.” — Greg Osuri, 00:37:59

“90% of contributors come from outside Overclock Labs — that means outside the issuer… in a year or two years time maybe 99% will come from outside Overclock Labs, and that’s the goal we are working towards.” — Greg Osuri, 00:30:11

“Government has to step in and break them down — like break AT&T down — without which we wouldn’t have the internet. Think about it. We are similar in cloud infrastructure: cloud is the new telco and it’s heavily gated.” — Greg Osuri, 00:10:51

“Cloud is so integral and so invisible in our lives that you and I, we pay a cloud tax like it or not… if you use Netflix, if you use Dropbox, if you use Gmail… 50% of what you pay goes to an invisible tax collector called a cloud.” — Greg Osuri, 00:10:08

“Most data centers — there are about 8.4 million data centers in the world — most data centers are not used to the point they’re supposed to be used: 85 percent of time they’re unused. If we can leverage the supercloud and connect these data centers and actually get a price point that’s significantly lower than what you would otherwise pay to these hyperscalers… that’s what we’re seeing with Akash.” — Greg Osuri, 00:16:28

“Andreessen Horowitz wrote a very thorough, thoughtful research piece where they estimated, backed by data — they pointed out over 50 percent of the margins that these online services get goes to a cloud [provider]. If you use Dropbox or Asana or Netflix, 50% of… the profits are going to go into the cloud providers. So there’s an invisible tax we pay, like it or not.” — Greg Osuri, 00:14:23

“Akash Network is a first decentralized supercloud. The idea of a supercloud… we introduced in our white paper in 2018. Now… if you Google supercloud you’ll see Forbes, you’ll see all these mainstream media writing about supercloud — really they discovered like last year, but we were pushing the idea for supercloud for five years.” — Greg Osuri, 00:11:30

“The biggest and the most exciting feature is the GPU marketplace. This is, I believe, the first instance of an open market for GPUs. There is no open source market right now available, centralized or decentralized, so this is the first time ever the world is experiencing what an open market for GPUs looks like, and it is coming amid the biggest supply crisis we have for GPUs.” — Greg Osuri, 02:49:28

“Most data centers, there are about 8.4 million data centers in the world. Most data centers are not used to the point they’re supposed to be used. 85% of the time, they’re unused. So, if you can leverage the super cloud and connect these data centers and actually get a price point that’s significantly lower than what you would otherwise pay to these hyperscalers.” — Greg Osuri, 00:16:44

“Anderson Horowitz wrote a very thorough, thoughtful research piece… they pointed out over 50% of the margins that these online services get goes to a cloud provider. Like, if you use Dropbox or Asana or Netflix, 50% of the payment on the profits are going to go into the cloud providers. So, there’s an invisible tax we pay like it or not.” — Greg Osuri, 00:14:24

“We stuck to our values and stuck to our thesis. Akash is exactly what it is in the white paper we wrote… Narratives are like, yeah, I’m going to take off. Like, yeah, we know. We knew that five years ago, right?… we know SuperCloud is going to be a thing.” — Greg Osuri, 00:56:31

“Decentralizing and open systems can go far, whereas centralizing closed systems can go fast… that’s why I believe open and decentral systems will reach [places] where centralized systems just cannot.” — Greg Osuri, 00:24:36

“The next big milestone for Akash is called cloud parity. That means we can get to a point where we can do… anything possible that’s on the cloud today.” — Greg Osuri, 01:02:45

“We technically are an alternative to Amazon Web Services, but we don’t have all the bells and whistles… we have one thing that Amazon doesn’t: that’s open source, and that translates to everything we need. Now we have GPUs — the high-end GPUs Amazon doesn’t have. It’s really about identifying the one thing that nobody else has and you have, and getting 100% behind the one thing.” — Greg Osuri, 00:54:31

“I keep saying community is the competitive moat for Akash. It’s one thing that no one else has — no big cloud provider has a large, open community.” — Greg Osuri, 00:55:18

“All of us pay a cloud tax — you and me, we just don’t realize it. For context, next [nearly] 50% of all the subscription fees you pay for online services goes to one of the cloud providers, you just don’t know it.” — Greg Osuri, 00:02:11

“A corporation is going to optimize for corporation; community is going to optimize for [community]. That’s why decentralization leads to communal public utilities… if you consider cloud to be a public utility… it is very, very important that it is decentralized.” — Greg Osuri, 00:16:13

“Once we get to parity we get to post-parity, which I call innovation beyond imagination. You and I cannot sit here and imagine what kind of innovation [there] will be… Amazon has about 30 regions right now; instead of 30 regions you’re going to have 10,000 regions.” — Greg Osuri, 00:59:09

“The whole notion of a decentralized system is not how fast you can move but how far you can go… with open systems you can go far, while with closed systems you can go fast. I’m not here to build closed systems.” — Greg Osuri, 00:52:09

“Our best-case scenario is when Google, Microsoft and Amazon integrate Akash on the demand side — that’s our ideal win state… we do have some efforts in place to attract the big cloud onto Akash.” — Greg Osuri, 00:45:36

“The idea of supercloud was just getting formulated — I think Cornell wrote a paper in 2015 — and we really liked the idea of supercloud, that you can decouple the control plane from the execution plane or the resource plane, and reduce the cloud providers, both public as well as private, to resource providers and not give away control.” — Greg Osuri, 00:03:36

“Every time we launch, we’re very, very, very cognizant about the value proposition and how we differentiate ourselves… So we believe we’ll achieve parity in the next two years. And after that, the phase we like to call is really innovation beyond imagination.” — Greg Osuri, 00:17:20

“Akash five years down the line and be decentralized, gives Akash a unique angle that traditional companies doesn’t, which is permanence. Like permanency is not possible with the corporation, only possible with a protocol… with permanency, you get time that you don’t get with traditional corporations.” — Greg Osuri, 00:18:46

“Akash is first and foremost a supercloud. A supercloud is a cloud that sits on top of private, public, hybrid — doesn’t matter — any cloud-capable computer, and gives a familiar user interface… whereas the compute comes from all over the place using a marketplace mechanism.” — Greg Osuri, 00:06:36

“Akash is world’s first supercloud that’s decentralized. A supercloud is essentially a cloud that sits on private, public, hybrid, single computer, and effectively provides you capabilities and features that would look like a normal cloud, and with a marketplace where you can source resources from places that you normally can’t find in your typical cloud marketplaces.” — Greg Osuri, 00:01:27

“We are in a very crazy political and social-economical environment. If we don’t decentralize, we will die as a society, and feudalism over freedom is going to prevail — and that’s the reality we are faced with right now.” — Greg Osuri, 00:08:38

“What that is trending towards is a feudalistic society that we work so hard as a humanity to escape — few people with the resource that everyone needs have control over those resources and charge a tax. All of us pay a cloud tax without even realizing we are paying a cloud tax: an average 50% of all the income that online services make go to a cloud provider, and these providers are unelected companies with shareholders, profits… as a primary driver.” — Greg Osuri, 00:07:11

“Not too many people know Akash is one of the largest IP address marketplaces… Akash is used by healthcare companies to store HIPAA compliant data. Akash is used by NSA — they’re doing a project inside the Department of Defense… Akash is so robust and so simple, it is composable, part of a larger protocol.” — Greg Osuri, 00:19:36

“Akash is the world’s first open supercloud. A supercloud is a cloud that sits on private, public — doesn’t matter — a cloud that essentially decouples the control plane from the resource plane… to take advantage of resources that are globally distributed.” — Greg Osuri, 00:02:17

“Protocols or systems that build upon these simple, permissionless, censorship-resistant primitives is key, because when you build on Akash the guarantee you get is: you own it, no one’s going to stop you, and you can change it.” — Greg Osuri, 00:20:19

“We believe in the unstoppable web, and what we’re doing with Akash is essentially creating a new operating system for the internet. And how we’re doing that is by tapping into unused 85% capacity in 8.2 million data centers… Akash is essentially a peer-to-peer network of computation clusters designed for global-first applications, planetary-scale applications.” — Greg Osuri, 00:02:59

“What AWS did for Amazon is what Akash is doing for the rest of the world.” — Greg Osuri, 00:02:52

“The goal really is to get to cloud parity, in the sense in a few years from now we should be able to go to Walmart or some large company and be like, hey, you can move all your stuff from Amazon to Akash. We’re not there yet — we need to build a lot of capabilities.” — Greg Osuri, 00:27:45

“There are lots of risks, but I think the biggest one would be — Akash is too early right now to be shut down by regulation. I think if regulation is out of the way, I think Akash is unstoppable. But if regulation comes and basically says you cannot exist, I think that’s going to be a big problem.” — Greg Osuri, 01:34:27

“We wrote a paper… the subsequent version, 2018, that introduced a notion of a supercloud — the Akash supercloud platform — where we said, well, you can decouple the control plane from the resource plane, where the resources could effectively be any cloud-capable compute.” — Greg Osuri, 00:08:21

“We quickly realized that you cannot scale to any level of high performance using a centralized control plane. The only way to really massively scale is go back to the roots, how internet was founded — a decentralized network.” — Greg Osuri, 00:05:08

“The goal really is to get to cloud parity, in the sense, in a few years from now you should be able to go to Walmart or some large company and be like, hey, you can move all your stuff from Amazon to Akash. We’re not there yet — we need to build a lot of capabilities.” — Greg Osuri, 00:25:48

“You cannot scale to any level of high performance using a centralized control plane. The only way to really massively scale is go back to the roots, how the internet was founded — decentralized… instead of a single control plane we can have a decentralized control plane where there’s no dependency on a single point of failure… blockchains happen to be the only data structure that would allow us to have a decentralized control mechanism, or decentralized coordination mechanism.” — Greg Osuri, 00:05:07

“We launched the mainnet in 2020 — first time ever a decentralized network could launch general purpose compute. There was nothing like it. The only thing that was close to Akash was Golem, and Golem was not general purpose… Akash was the first general purpose compute [where] you can actually demonstrate a Docker container running in a decentralized setting… they call it the Airbnb for data centers, without the cleaning fee.” — Greg Osuri, 00:09:19

“The goal really is to get to cloud parity, in the sense that in a few years from now you should be able to go to Walmart or some large company and be like, hey, you can move all your stuff from Amazon to Akash. We’re not there yet — we need to build a lot of capabilities.” — Greg Osuri, 00:25:46

“We want to be at least 500 providers by end of the year; end of next year we want to have at least a thousand providers… the goal is to get to 10 millisecond latency for 98% of active internet population… the kind of stuff you can do with such a low-latency network is beyond imagination.” — Greg Osuri, 00:45:43

“There was like 8.2 million data centers 10 years ago, which reduced to 7.5 [million] now, and increasingly concentration happening… but that’s reversing. We’re seeing smaller data centers now that are popping up everywhere with GPUs on them. So I don’t think hyperscalers are going to be the winner-take-all in this market.” — Greg Osuri, 00:37:48

“It’s already the largest distributed network in terms of regions — it’s got more regions than Amazons and Googles of the world. By end of the year we anticipate at least 500 to 600 new regions, so by end of the year it’ll be the largest distributed network in terms of physical distribution. So you can imagine the edge computer applications that can be finally enabled on Akash.” — Greg Osuri, 00:07:52

“The best analogy for Akash is Airbnb for data centers… you have about 80 providers now, all different sizes and shapes… and the way you know someone is telling the truth is through auditing. There is a decentralized network of auditors… [that] verify this compliance offline and post a proof online… Akash gives you more trust than traditional Amazon because Amazon will not show you the certificates.” — Greg Osuri, 00:07:55

“Akash is the world’s first supercloud. What a supercloud is, is essentially a cloud that connects any cloud-grade compute — be it in a data center, be it in a home, or be it in a private setting or a public setting — and brings [it] together in a way that’s easily consumable by developers around the world.” — Greg Osuri, 00:00:02

“Cloud infrastructure, which arguably is one of the most important layers that holds humanity together… It is an invisible layer that we don’t talk about much. I mean, all of us pay a cloud tax. 50% of all the monies we pay to an online service goes to a cloud.” — Greg Osuri, 00:13:25

“We tried open source cloud several times before, and none of them really took off or succeeded or even survived because they didn’t have the resources that you can actually acquire through open source. So for the first time, I had an opportunity to create not only open source software, but also give access to the resource in an open manner.” — Greg Osuri, 00:15:07

“A big portion of the roadmap current focus is to get to parity to Amazon web services. Post-parity is when, I think, Akash will start really seeing stuff that are not possible… How about, you know, 1,000 plus regions close to cell phone towers offering 10 millisecond latency…? What kind of possibilities do you unlock when you have such high-performance cloud? Well, you can do cloud gaming… that’s just the tip of the iceberg.” — Greg Osuri, 00:19:49

“What immediately comes to my mind when you say about Web3 is liberty. Right? The liberty that the Web originally promised but somehow got lost in the way and now we are bringing back the original values… Liberty, sovereignty, freedom.” — Greg Osuri, 00:00:51

“If Akash is successful, this is a multi-trillion dollar network you’re talking about — like an internet of compute… It’s a bold vision, but if they’re successful you guys are thinking too small.” — Jesse, 00:53:46

“If we can decentralize at least the compute layer, we have a much better chance of decentralizing the entire stack. Versus if you don’t decentralize this base-level layer, we’re going to be having trouble.” — Greg Osuri, 00:47:18

“I’m always confident because Akash never breaks. It never does. It’s been around for 4 years. It is more alive than Amazon Web Services, and I take that.” — Greg Osuri, 00:15:48

“Really founded Akash to democratize cloud and compute, because compute is the fabric that connects the modern society, and that controlled by a few people that are unelected, that take tax from us, is not a future that I want for me.” — Greg Osuri, 00:02:53

“When you remove the need for a centralized scheduler or a centralized control plane… and you go to a fundamental peer-to-peer manner, you can scale unlimited… One of the reasons Akash has been around for 4 years and hasn’t had a single outage except for the planned upgrades is because it’s foundationally [decentralized]… During last one year Amazon went down 100 times — when it goes down you can’t order your Uber or your DoorDash. Is that the foundation that we want to build our AI [on]?… From a technological standpoint, I think there is no other way to scale at a global scale other than decentralization.” — Greg Osuri, 00:08:35

“The a16z did a study… that said something like 50% of your money that you pay for online services goes to a cloud provider that you have no idea who it is. Compute is the fabric that holds a modern society together, and compute is foundation for AI. If you think that you’re going to have to pay a tax to someone that you have no idea who it is, you’re not elected — we used to do that when society was feudalistic. So we need decentralization to avoid feudalism, that’s the simple answer. And we believe compute should be a common good; it should not be in the hands of few.” — Greg Osuri, 00:07:12

“We’re going to fix the supply chain problem at some point… but once the supply chain is fixed, you get the economy of scale that large hyperscalers have that may overpower the network. So I think we have maybe about 2 years to really decentralize, because we have one thing the hyperscalers don’t: Akash is the only place to get on-demand H100s right now — and that’s going to be not forever.” — Greg Osuri, 00:10:24

“It’s been online for about four years, has not gone down a single time, like not a single time. Amazon goes down 200 times a year, right?… because Akash is open source, because you have so many eyeballs watching this code base 24/7, the chances of bad code getting in thereby causing instability is very, very low.” — Greg Osuri, 00:19:50

“The white paper we wrote in 2017, 2018… introduced the notion of a supercloud. Supercloud, the term was coined by Cornell in 2015, but we implemented the supercloud. So Akash is the first implementation of an open source supercloud.” — Greg Osuri, 00:04:22

“As we keep delivering, the goal is to get to cloud parity. Cloud parity is when we can sufficiently say that you can actually move all your workloads from your Amazon of the world to Akash. We’re not there yet… our biggest capabilities, be it reservations or managed backends, I think will put us to the parity.” — Greg Osuri, 00:10:47

“Akash is introducing [a] Managed Services Marketplace. Now it transitions from a service that offers compute… to a network of networks… the creators of Postgres, or creators of MySQL… offering their services… and get a cut for their creation. So we’re empowering open source creators with a business model because open source cloud needs open source software to function.” — Greg Osuri, 00:29:26

“Decentralization — I think if you remove enough layers, you’ll see the biggest risk is not the actual software but actually people building the software and the roadmap. So who sets the roadmap and who delivers the roadmap, all that is done in the open. That’s a big part of Akash’s decentralization approach.” — Greg Osuri, 00:06:31

“It turns out there are three companies that control these computers, 80% of it, at least. Now, that, to me, is a little troublesome. Why? Because so much power in the hands of a few. You know, we had something like that. It was called feudalism, right? If you have so much power in the hands of a few, that few dictate the future of this public utility.” — Greg Osuri, 00:03:54

“Imagine a world where computation is free and accessible as the air we breathe. We believe compute should be a public utility — like air, like water, like all the resources that we don’t need to seek someone’s permission to use.” — Greg Osuri, 00:11:05

“Today if you use an online service, 50% of every penny you pay goes to one [of] the cloud providers… All of us, no matter what sector we are in, half of every dollar we spend goes to an invisible layer — or the cloud tax, we call it.” — Greg Osuri, 00:06:44

“Imagine a world where computation is free and accessible as the air we breathe. We believe compute should be a public utility — like air, like water, like all the resources that we don’t need to seek someone’s permission to use.” — Greg Osuri, 00:11:05

“Today if you use an online service, 50% of every penny you pay goes to one [of] the cloud providers… Look at companies like Asana, where 63% of the fees actually goes to one of the cloud providers; companies like Palantir… about close to 40% goes to a cloud provider. All of us, no matter what sector we are in, half of every dollar we spend goes to an invisible layer — or the cloud tax, we call it.” — Greg Osuri, 00:06:44

“Akash transitions from this simple cloud to this network of networks, which I think is very, very powerful, and I think that’s how we get to mass adoption.” — Greg Osuri, 00:41:50

“Cloud is ultimately a public utility that should not be closed off and they should not be this opaque, and that’s the reason why you want to decentralize a cloud.” — Greg Osuri, 00:11:32

“We all use a cloud and we all pay a cloud tax without realizing — somewhere north of 50% of every penny we pay to an online service goes to a cloud provider.” — Greg Osuri, 00:10:45

“Akash is the world’s first decentralized supercloud, and the core essence of a supercloud is where you can decouple the control plane from resource plane, where the resource plane can consist of any cloud-capable computer, orchestrated in a decentralized and open manner.” — Greg Osuri, 00:02:08

“We believe compute should be a public utility. Compute should be as free as the air we breathe and water we drink, and that’s the future we’re all building towards… the access should be ungated, [it] should be open, [it] should be public.” — Greg Osuri, 00:08:48

“The costs are getting out of control. Over 50% of every single penny we spend on online services goes to one of the three cloud providers. All of us pay a cloud tax without knowing who we [are] paying the tax to… even Department of Defense, which uses Palantir, clearly pays a cloud tax… Andreessen Horowitz did this study, it’s called the Trillion Dollar Paradox.” — Greg Osuri, 00:05:12

“Akash is the world’s first decentralized supercloud where it connects underutilized resources with people that need these resources… the obvious advantage is cost — anywhere from 80% to 50% cheaper than what you normally pay on Amazon — and more importantly access, like GPUs which are very very hard to get on your regular cloud. Akash offers advanced GPUs like H100s for like $150.” — Greg Osuri, 00:00:00

“Akash is the world’s first decentralized supercloud. Supercloud, like the name suggests, is a cloud that federates any cloud-capable compute bit, a private or public cluster… where users can effectively access compute using a marketplace mechanism at significantly lower cost, usually 80% cheaper than what you would normally otherwise pay on traditional cloud… one of the biggest users for Akash is Nvidia, and Akash is directly integrated into Nvidia products.” — Greg Osuri, 00:01:26

“Cloud, which is perhaps the most important fabric that holds a modern society together, and a very important public utility, should be as free as the air we breathe and the water we drink, and the access to which should not be gated. That was the whole premise of starting Akash.” — Greg Osuri, 00:38:17

“For us success we measure in market share, right? So our first milestone would be 1% market share of the cloud business.” — Greg Osuri, 00:39:01

“Akash has been around for about four years and has not gone down a single time, and you can’t say quite the same for networks like Amazon, where Amazon has reportedly about 200 outages on average per year.” — Greg Osuri, 00:10:59

“Now there’s enormous amounts of compute spread across hundreds and hundreds of data centers across the world… that really brings about the need for a layer to connect these distributed data centers, and that layer cannot be centralized. I think that’s critical for this layer to be decentralized, and Akash is one of the decentralized networks, if not the leading decentralized network, that’s connecting these distributed data centers.” — Greg Osuri, 00:13:05

“Picture this: in 1969 the first and most widely adopted decentralized network was created to withstand a nuclear attack, and today we end up with four companies controlling the internet… Have you really forgotten the very principles that gave birth to this digital age?” — Greg Osuri, 00:00:45

“Andreessen Horowitz did this study: half of every penny you spend on online services goes to a cloud provider — in some cases like Asana, where over 63% of all the fees you pay to the cloud service goes to a cloud provider. In a way, we’re paying this invisible tax, the society, all of us together — we don’t even realize we’re paying this invisible tax.” — Greg Osuri, 00:05:13

“I’m the co-founder for Akash Network. Akash is the world’s first decentralized supercloud, and it leverages underutilized compute to create a super cluster and offers compute at significantly lower cost in a permissionless and decentralized manner.” — Greg Osuri, 00:00:00

“In a world where we have heavy censorship, having a layer that is considered to be the public utility — right, compute — should be as free as the air we breathe and water we drink, and that is a foundation that humanity can accelerate on, and that foundation needs to be permissionless.” — Greg Osuri, 00:08:03

“The goal is to get parity with the current cloud… Akash will transition from a resource network to a services network where you have hundreds if not thousands of services all offered in a decentralized manner… The question I’ll leave you folks with is: what happens when you have thousands of regions that are spread across the world with thousands of services? Amazon has 32 regions right now — imagine that as a thousand regions.” — Greg Osuri, 00:19:39

“We all, all of us as a society, pay something like cloud tax without even realizing we’re paying it… 50% of every single penny you pay for online services goes to [a] cloud provider that is not elected, that’s not selected, that is there because the users really don’t have too much options.” — Greg Osuri, 00:32:27

“The whole point of building open source decentralized systems is to remove [single] centers of liability. Anything could happen [to] Overclock Labs, and Akash will run as designed — that’s the future we want. So we are very reluctant to collect user information.” — Greg Osuri, 00:18:06

“The only way to compete is to do something they cannot do. That’s why decentralization comes into play. They cannot go inside a home, where networks like Akash can go inside a home… You got to beat Amazon at a game that they cannot play — open source is something that Amazon can’t play.” — Greg Osuri, 00:13:46

“Akash has been alive for about four years; it has not gone down a single time. Whereas if you look at networks like Amazon Web Services, it goes down about 200 times a year… The reason why Akash is incredibly reliable is because there’s not a single company or a single cluster that controls the network, but rather a distributed network of nodes that interact with each other in a peer-to-peer manner without a central point of failure.” — Greg Osuri, 00:13:50

“Compute should be a public utility. Compute should be as free as the air we breathe and water we drink, so that innovators everywhere, from every corner of the globe, have the tools to build and create and transform without barrier… It’s very important that we return to sovereignty — control over what gets built, control over what goes and touches our daily lives.” — Greg Osuri, 00:10:14

“The big risk as a society as a whole we have is the return of feudalism. Feudalistic society is where few have power over the many… the few today are the ones that are running AI… There’s this discussion about artificial general intelligence: what happens when somebody cracks it and no one knows that they cracked it? Because there’s no incentive for them to share this AGI — they can very well go and play in the stock market or do things that are significantly advantageous to the few. So if we don’t do something about this layer, we go back to feudalism… I call the term digital feudalism.” — Greg Osuri, 00:08:48

“We believe compute should be a public utility. Compute should be as free as the air we breathe and water we drink, and that’s the future we’re all building towards. What that means is restoration [of] sovereignty: we need to have control over our data, we need to have control of our compute, and we need to empower communities rather than corporations to drive this technological progress.” — Greg Osuri, 00:08:48

“In a case like Akash, we have been live for about 4 years and there hasn’t been a single time the network went down or slowed down. It’s always available, it’s always live, and that’s possible because it’s open source — people are looking at the source code all the time, people are pushing updates all the time — and it’s decentralized: there’s not a single system that controls the entire network.” — Greg Osuri, 00:10:14

“[Personal computing] created the internet on the foundation of decentralization, connecting these individual devices in a hive network, sharing intelligence and removing the need for a centralized coordinated system to communicate… historically, decentralization is what really spun the innovation and the accessibility that we have today. But eventually somehow the centralization came, with large hyperscalers… close to 70% of all the IT spend is spent by four companies.” — Greg Osuri, 00:02:15

“It’s really about removing the risk of a system failure — removing systemic failure risk. Today you have centralized systems like Amazon and Google of the world: if the company collapses, the product exits, no matter how important it is to you or to the society. If the company dies, the product dies.” — Greg Osuri, 00:12:28

“Internet was created in the ’60s to combat the centralization of data centers… because we had large mainframes and people were like, this is not good, because one mainframe gets attacked, we’re done. The same thing is happening — we have 20 hyperscalers. It’s not good, because they get attacked, you’re done. So the best thing you can do is, number one, distribute AI as much as possible. AI should be with everyone, not with anyone.” — Greg Osuri, 00:40:36

“Instead of having 20 data centers, how about 10,000 data centers, where it’s impossible for adversary to compromise our AI infrastructure in the future… one data center goes down, who cares, we have 10,000 of them, even more.” — Greg Osuri, 00:43:26

“A lot of places don’t have energy now… right now it’s about 10 years you’ve got to wait before you can get an interconnection request approved… enterprises are in a very big trickle where you can’t really build out massive data centers… and you have to eventually go distributed.” — Greg Osuri, 04:49:31

“To build one gigawatt AI cloud, we need around 8,300 of these [GB200 NVL72] racks. But here’s the key: they don’t have to live in one facility. They can live everywhere… This is hyperscale rebuilt from the ground up to be permissionless, flexible, and resilient. The cloud of the future isn’t a place. It’s a planet-wide mesh of compute, and Star Cluster is how we build it.” — Greg Osuri, 04:34:16

“Today, Akash runs everything from websites to AI inference, but tomorrow it’ll help train and host the models that define the new era. Because the cloud of the future shouldn’t be owned by one company — it should be owned by all of us.” — Greg Osuri, 00:02:16