Bear-market costs drive validators to decentralized cloud
Akash Weekly Spaces - June 29th (Akash Network)
“We predicted that in a bear market the costs are going to be an issue, especially for validators trying to scaffold, and Akash providing a cost-efficient solution that’s self-sovereign is a very attractive value proposition… really excited to see a majority penetration in a blockchain for the first time by a decentralized cloud.” — 00:04:19
Context: On Paloma (Cosmos SDK messaging chain) running ~7% of its testnet validator nodes on Akash.