Cloud Decentralization

“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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 00:31:19

“That cloud is increasingly becoming more closed, with 81 percent or so market share controlled by four companies.” — 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.” — 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.” — 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.” — 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.” — 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.” — 00:00:41

“2x to 3x, in some cases much higher, price advantage compared to the current market.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.”)” — 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.”)” — 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.”)” — 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.”)” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 00:27:49