Cloud Decentralization

“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.” — 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.” — 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.” — 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.” — 00:44:42

“If you think about what’s happening today, we’re seeing the largest migration of web2 to web3, hands down.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 00:34:15

“Obviously AWS can cancel web three with a strike of a pen, right? So one man controls it, essentially.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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?” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 00:02:50

“This is just the first step and next step obviously is going to be the Amazons and Googles of the world.” — 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.” — 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.” — 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.” — 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].” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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?” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 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.” — 00:01:26