|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cryptocurrency News Articles
Quai Network and Akash Network Partner to Introduce Decentralized Cloud Computing for Miners
Dec 29, 2024 at 12:50 pm
The Quai Network, a leader in scalable blockchain technology, has partnered with Akash Network to introduce decentralized cloud computing for miners.
Blockchain technology company Quai Network has integrated with Akash Network to introduce decentralized cloud computing for its miners. The collaboration enables Quai miners to operate through decentralized nodes via Akash’s distributed cloud platform. This integration aims to enhance network participation and bolster the security of the Quai blockchain by reducing reliance on centralized systems.
According to an announcement on Friday, the integration marks a significant step in Quai Network’s mission to scale Proof-of-Work (PoW) technology at scale. Through the availability of Akash nodes, the network is adopting a decentralized operational framework that aligns with its core principles.
The announcement, shared via Quai’s official X account, highlights the collaboration as a milestone in advancing blockchain scalability and cloud computing.
The partnership grants developers on the Quai Network access to Akash’s global compute marketplace, facilitating the streamlined deployment of decentralized applications (dApps) and other services. By lowering entry barriers, this integration ensures that even smaller projects can benefit from decentralized infrastructure, fostering innovation within the Web3 ecosystem.
The synergy between Quai’s PoW technology and Akash’s decentralized cloud services provides an efficient and scalable environment for building Web3 applications. Developers can utilize resources more effectively and respond to growing demands with minimal friction, making the infrastructure highly adaptable.
Quai Network users will also benefit from improved transaction processing speeds and reduced latency. The integration supports the network’s dual-token system, which consists of Qi for daily transactions and Quai for long-term value storage. This structure not only enhances transactional efficiency but also opens up new economic opportunities through arbitrage mechanisms enabled by the enhanced infrastructure.
The combination of Quai’s UTXO-based Qi and EVM-compatible Quai tokens ensures a seamless user experience, blending efficient transactions with reliable value storage. These improvements underscore the network’s commitment to providing innovative solutions that cater to both developers and end-users.
Leaders from both organizations have expressed their enthusiasm for the partnership. Alan Orwick, Co-Founder of Quai Network, highlighted the significance of this integration, stating:
“This integration marks a pivotal moment in our mission to fully empower users with decentralized infrastructure. Through Akash, Quai miners can now operate decentralized nodes at scale, enhancing network participation and bolstering the security of the Quai blockchain.”
Similarly, Greg Osuri, CEO of Akash Network, commented:
“We’re thrilled to collaborate with Quai Network, a leader in scalable blockchain technology. Together, we aim to make decentralized cloud available for everyone building on Quai, enabling them to build a new generation of Web3 applications.”
The collaboration between Quai Network and Akash Network represents a transformative step in the evolution of decentralized cloud services. By combining scalable blockchain technology with distributed computing capabilities, the partnership sets the stage for a more resilient, accessible, and innovative Web3 ecosystem.
Pioneering the Future of Web3 Scalability
This integration reflects a broader trend toward decentralization in both blockchain and cloud computing. By addressing key challenges such as reliance on centralized systems and barriers to entry for smaller projects, Quai and Akash are redefining the standards for decentralized technology.
As the collaboration continues to evolve, it promises to create a robust foundation for developers and users, driving the future of blockchain scalability and decentralized cloud solutions.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
- Zerebro ($ZEREBRO), the AI-driven memecoin built on the Solana blockchain, has recently crossed an impressive milestone, surpassing a market cap of $700 million.
- Jan 01, 2025 at 08:25 am
- Zerebro’s ascent to this point highlights its popularity, driven by a combination of community engagement, the integration of AI technology
-
- My decade in crypto: from bitcoin newbie to HODLer
- Jan 01, 2025 at 08:25 am
- r’s Day, I try to do something I haven’t done before. A different walk or pub usually ticks the box, but after Tim’s talk about bitcoin (which I didn’t fully understand, though I liked the bit about the house), I decided to try and buy one. After a lot of googling, and navigating a new world of buying platforms and digital wallets, I found the trading platform Bittylicious, which I chose because I liked the name (I still do). It’s one of the more responsible exchanges, only trading in the most popular, established coins. And here I discovered my new and extremely improbable hobby.
-
- Bitcoin (BTC) Delay in Entering Most Explosive Phase of the Cycle Comes With Pluses and Minuses, Crypto Analyst Dave the Wave Says
- Jan 01, 2025 at 06:55 am
- Pseudonymous analyst Dave the Wave tells 147,700 followers on the social media platform X that Bitcoin may remain in a technical bullish trend for a while longer
-
- XRP Poised to Reach for the Stars as It Hits $2.48, Its Highest Level Since 2018
- Jan 01, 2025 at 06:55 am
- Ripple’s XRP continues to mesmerize the crypto market, reaching $2.48, its highest level since 2018. This rise, from an increase of roughly 399% in the period of a month, indicates that there is more and more speculation and confidence in the increase in demand for Ripple’s main token.