The future of the internet lies in decentralized computing
Why do businesses and organizations need cloud computing? There are many reasons. For example: disaster recovery, backup, software development and testing, e-mail, analysis of large amounts of data, creation of virtual desktops, Internet applications, etc. In financial institutions, in healthcare, in the gaming industry — cloud computing is used everywhere.
The advantage of cloud technologies is that the user does not have to worry about the software he runs on, the operating system and cloud infrastructure. All technical details are not his concern.
On the one hand, this is good: large companies provide useful services for various users — from small businesses to large corporations. For example, if you need a video service, then you don’t need to spend millions of dollars, just call Amazon, just like Netflix did.
Centralization, of course, has a large number of advantages, but also a sufficient number of disadvantages. Cloud infrastructure that is owned by a limited number of technology companies means that the market is becoming more isolated, with no incentive for owners to change. Their goal is to retain customers and increase sales. The management of centralized bodies is also a matter of influence. Power, concentrated in one hand, gives rise to great dependence. But that’s not all. The main problem is security.
The end consumer owns neither the infrastructure, nor the software, nor the servers — he simply receives a ready-made service.The information stored in the cloud is critical for the user. This can be financial data, analytical reports, personal data, etc. And here the question arises: how safe is it in general? Who and how can access this data?
At this stage, the decentralization of cloud computing can solve the security problem.
What do developers offer us today? The Kompute Network team has developed a protocol that allows developers to use computing resources with fewer restrictions. This allows them to create decentralized applications and services. Kompute Network is a decentralized cloud computing protocol based on the Ethereum blockchain and Kubernetes. Kompute Network strives to give access to all types of consumers. Consumers and providers will be linked through the permissionless model. Users can deploy applications, services, virtual environments of any type interacting with the Ethereum blockchain.
To interact with Kompute Network contracts through Web3 libraries, users can use the ERC-20 wallet, command line, or web interface. You can request computing resources through protocol services: serverless computing, container service, and virtual machines.
Resource providers can earn by investing tokens. If we talk about the cost of existing cloud computing, then it is quite high. On Kompute Network, prices will be adjusted automatically using oracles that connect to AWS, GCP, and Azure APIs.The prices will always be lower than those of the giants, but profitable for staking (even if you rent a server for your node).
We all understand that the future of the Internet lies in decentralized computing, and the Kompute Network team provides us with every opportunity to accelerate progress.
Get information here:
Twitter: https://twitter.com/Kompute_Network
Medium: https://medium.com/@kompute.network
LinkedIn: https://www.linkedin.com/company/kompute-network
Telegram: https://t.me/kompute_network
