What is Akash Network?
Akash DeCloud (AKT) is an open source, decentralized cloud computing and development platform allowing users to leverage the power of the Akash high performance, open and globally consistent shared state machine for a fraction of the cost of tradition cloud providers. Simple, scalable, and secure- Akash offers developers a serverless solution to deploy, secure, and scale their decentralized application (dApp) in just minutes with a simplified workflow and dynamically managed resource allocation. Akash users can run secure and scalable smart contracts on Akash native Solana blockchain and pay for services using AKT while enjoying interchain functionality with native Cosmos ecosystem integration. Akash, Sanskrit for “open space, sky", is a permission less and censorship-resistant supercloud network secured by Proof-of-Stake consensus model to guarantee sovereignty over user data and applications. AKT is the native token for Akash Network, used as a staking mechanism allowing users to delegate their tokens to a validator node and earn block rewards for helping secure the world’s first distributed peer-to-peer open cloud computing marketplace. Users who wish to self-host a node can preorder the Akash Supermini, the world’s smallest portable supercomputer to be released Q3 2021.
