Smart contracts on Ethereum cost $13,000/MB vs ~$25 on Akash
Serverless Panel: Komal Mangtani, Greg Osuri, Guillermo Rauch, Gwen Shapira (Kong)
“Today, as it stands, it’s unaffordable… give an example: a one megabyte of smart contract on Ethereum network costs $13,000, when on Akash network costs about $25. Any programmer in the right mind wouldn’t deploy a smart contract expected to run… most of the [blockchains] happen to be a monolithic and homogenous architecture, so it’s a socialistic model — everybody shares the costs and somebody has to pay.” — 00:20:27
Context: Arguing blockchain compute economics were broken by monolithic architectures treating every application the same; decoupling execution (Akash’s model) fixes cost variance. Captions garble “Ethereum” as “a theorem” and “Akash” as “a u.s.”.