Akash Network
Akash Network is a project that offers an open source and decentralized cloud computing platform. This platform aims to reduce dependence on central cloud providers and reduce costs by enabling users to share computing power and storage space.
The project aims to enable an economy that shares and rents resources on the network using its own cryptocurrency called Akash Token (AKT). This allows users to generate income by renting out their idle computer resources and at the same time access computer resources at affordable prices for other users.
Akash Network aims to provide a low-cost, reliable and scalable cloud computing solution as an alternative to centralized cloud services. By using the advantages of blockchain technology, the project tries to offer a higher flexibility in terms of sharing and availability of resources.
Akash is owned and managed by its community. It is a free public service, and the source code that powers it is available to everyone. It is built on dependable technologies like Kubernetes and Cosmos, and the community oversees all aspects of Akash — including decisions about what new features should be implemented.
Akash is an open Supercloud network that makes it easy to rapidly scale and access services around the world. It uses a "reverse auction" system, where customers submit their desired price and providers compete for the business. This often results in prices up to 85% lower than other cloud systems.