We are pleased to announce our next AMA on October 7th 2020 at 02:00 PM UTC Time: Satoshi Club x Akash
⚠️Click to see the hour
⚠️Total Reward pool: 2000AKT
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Akash Telegram group
We will have the following structure:
Part 1: 500AKT /12 users – We’ll select 12 questions from the community. A user can post maximum 3 questions. 9 Questions will be selected from our website – please submit your questions in the comments section of this post. 3 Question will be selected from
Part 2: 500AKT/15 users – Open chat for 80 seconds. You can post Max 5 questions. Akash Team will select 15 questions and answer them.
Part 3: 1000AKT – A quiz about Akash
For more details:
Akash – @AkashNW
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
The website says Akash DeCloud 10x lower in cost. How are these savings achieved?
You have a very large number of partners. How intensively do you work with each of them?
What is the expected price of Akash Supermini? How many pre-orders have already been made?
Hi i’m finball
I just know Akash Network just recently, i missed your 1st AMA in satoshi, but i got the gist about the project from the last AMA.
1. China and SEA Market are very big for cloud computing, are there any plan making a partnership or cooperation with some of the big company there especially for Defi?
2. I’ve been hearing such a good rapport with super mini, are there any plan for making more variation with different spec and more function?
3. Lastly, i heard about from some “bluebird” about IEO plan of AKT Akash in some big exchanger. Are there gonna be more exchanger listing in this Q4 2020?
i’m very much interested in the supermini, too bad it has already been sold out. When can we reorder it? how is performance of the supermini compared to a workstation ?
Can normal PC user with a standard home PC with some harddisk space able to sign up to offer their idle computing power for akash network or is it only for datacentre to sell their spare capacity ? How much can the average datacentre earn by offering their capacity to the akash network.
What problem does #Akash platform solve over the current competitors like ANKR Cloud platform? What role does $AKT is going to play in the #Akash platform?
Akash incorporates Blockchain validators that vote on the proposals and secure the blockchain, but how does it work and determine the requirements and benefits of joining the Akash network validator program? Is there a limited number of validators? How many validators do you need?
How will you incentivize companies to move their applications from platforms like Amazon’s AWS, Google Cloud or Microsoft Azure and deploy them on the Akash platform?
One product that Akash offers is the Supermini which is a laptop and more powerful, but how does it work and what are the main features of this product? What are the benefits that the Supermini offers unlike other computers on the market? What makes it different and unique?
What differences does Akash’s decentralized cloud offer compared to others? What kind of measures do you run against attacks on the platform’s security? What makes Akash different and how will it convince users?
Why did you decide to allocate 3 million AKT (3% of total supply) as rewards to the participants of The Akashian Challenge? What does the success of this TESTNET mean for the development of Akash Network?
As we know, Inter-Blockchain Communication (IBC) is a protocol that allows heterogeneous chains to transfer value (i.e. tokens) or data to each other. So what problems will it solve in the Akash network?
Could you please tell a little about your governance model? How will people get attracted towards it who are not from a technology background? And what customer segments does Akash serve?
The COVID-19 epidemic attracted a large number of investors into cryptocurrencies instead of traditional investments. How does Akash plan to attract and retain long-term users investing in its projects?
Can you share details about liquidity mining? What roi we can expect? And how can users benefit from Akash, how hard is it of the ordinary user to start selling it compute power on a marketplace?
Akash offers an innovative supernube. What advantages and improvements will this new Cloud bring? What differences will we notice from the one we already know?
Does Akash work on the basis of Polkadot? Which we know is the network through which the web3 for centralized finance is being developed. How do you offer a secure, unlimited and reliable cloud? What methods do you use?
– What kind of information is hosted in the Physical servers and what is stored in the Cloud Services? Do they serve as backup or store different information?
– When will Akash Supermini be available? It will only run Akash? nodes. Or will it be possible to use Akash Supermini for other nodes working within the Akash? network?
– Can you explain to us how we can participate in Akashian Challenge? Is it still possible to enter this event? What are the benefits for the participants?
Akash allows anyone in the world who owns a computer to become a cloud provider by simply offering their unused computing resources in a safe and frictionless marketplace… Before a user can offer their computing resources to be Leased on Akash. What are the minimum specifications of computing resource they must posses and be willing to rent out, what other process do they need to undergo, and how are they paid for doing so and on what basis is their rewards calculated.
In using Akash for Internet Of things (IOT) which is a huge source of a lot of private data how does Akash ensure the secure and efficient storage, use and transmission of this data Using your DeCloud services
Artificial Intelligence, Machine learning, Deep learning, and data science are in demands for huge and efficient Computing resources due to the large amount of data that most of their services use and demand for…What specific features of Akash Decloud services will you say is more important and will uniquely address their demand
Akash Supermini surely an exciting and a fresh thing to expect on the market and not only within the cryptocurrency investors. It seems very powerful. Could you please tell us more about that? What kind of configuration does it need from the user and with which partners are you building it? Can we use it for mining different cryptocurrencies?
You will hold an auction listing through Bitmax shortly. What kind of plans does Akash Network have regarding the possibility to stake AKT tokens through their platform? Any non-centralized possibilities to stake AKT tokens planned?
I read on your website that you claim to offer better solutions for Cloud Services for the tenth of the general market price. How is it possible? What allows you to offer a better product for a fraction of the market price?
In what kind of ways can a regular user benefit from Akash’s solutions and how complicated is it to begin selling compute power through the Akash Network marketplace? Can i.e. the Supermini owners provide cloud services for the vast community?
You claim to be 10 times less expensive than similar products already on the market. How do you keep the project sustainable and profitable with such low prices?
Does Akash Network use off- or on-chain model for applications and how does it help you with scalability?
Cloud infrastructure is the back bone of the Internet. It is increasingly becoming centralized, controlled by an oligopoly of four companies (Amazon’s AWS, Google Cloud, Microsoft’s Azure and Alibaba). What are the plans of Akash to break this Oligopoly?
Akash’s main competitive advantage over the others is the “Developer User Experience”. Other cloud platforms are having difficulties to introduce this because of the costs for the developers. How will Akash implement this service without sacrificing the cost?
Many of the “decentralized” cloud projects are actually centralized and working on decentralizing their offering. Aside from being a true-decentralized project, what is your competitive advantages compare to your competitors?
Security and Privacy is important when it comes to data of the users. Akash is much more secure than cloud today. Akash provides Trusted Execution Environment (TEE). What is TEE? How can it help to secure the data of the users?
How will you attract “Centralized Clouds Users” to try decentralized clouds on blockchain technology? When will Akash Network’s cloud marketplace begin to mass adoption?
What are the competitive advantages of the Akash project? What would be Akash’ most similar contender in the market today in terms of scalability, security, features, and adaptability?
Flexible and 90% lower in cost, a very great figure! Are you building a cost-leading strategy? Which technology helps you to get this advantage?
Do you have some sort of staking available for the AKT tokens? If yes, what are the benefits of it to stakeholders, and if not, are you planning on implementing one in the future?
AKT holders bet on AKT to secure the Akash PoS network and receive a reward in return. Early adopters receive higher rewards. That is, the later the user places a bet, the less the reward will be? What is the reason for this and how will the remuneration be calculated?
Have you released your Akash Supermini computer? Will everyone be able to buy it? Is the pre-sale already started? Will you have to pay in full the cost of the computer? What if, for some reason, the buyer does not receive the equipment? What is the time frame for the refund?
We seen many projects that claims they are fully Decentralized. But they done their work in a Centralized way. How can we sure that AKASH is fully Decentralized? Can you please tell us what’s AKASH working method?
In the whitepaper you have mentioned “Akash is also politically decentralized”. So what benefits does it bring to stakeholders? What unique point of Akash will attract Providers?
What is the algorithm used by #Supermini ? What does it solve the problem of blockchain system ? How do you manage the algorithm and operate it?
Why would AKASH prefer to use a hybrid consensus mechanism, with a standard Ethereum slow path block and an optimized fast track?
Being an open source protocol it could be prone to attacks that can hack their own build. What kind of security system do you offer for your users?
It is known that Chainlink is a general-purpose framework for building decentralized oracle networks. So what are the advantages of AKASH when working with Chainlink? Will Chainlink help you in adoption?
Why did you decide to allocate 3 million AKT (3% of total supply) as rewards to the participants of The Akashian Challenge? What does the success of this TESTNET mean for the development of Akash Network?
What are the main use cases of AKT in the Akash Network’s ecosystem? What exclusive benefits receive those who own AKT?
DeFi has three sectors: DEX, Synthetic asset, and Lending. Which exactly is AKASH focusing on? Do you have plans for others that you’re not focused on yet?
For any blockchain token to be truly successful it must have real utility. So, what are the uses and functions of AKASH token, what roles will it play in AKASH Ecosystem?
For money to be Smart, it must be instant, zero fee transactions and private. Does AKASH meet these 3 pain points of payments
Constellation bases consensus on reputation, but how is the reputation score for a node determined (i.e., what are the main parameters determining reputation)? What would happen when a node deviates from the expected behaviour?
From a startup project to a mainstream project, being a pioneer in the industry, do AKASH team anticipate that many new startups will show up and compete?
Exceptional market opportunities will always attract competition, and Akash is not the only project in this area. services like Akash are something that can be emulated easily and from a technical standpoint. So, what efforts did Akash make, to compete with other projects?
Trust and Security are the most important things in cryptocurrency. Why do we feel safe with AKASH ? The recently released Defi dForce protocol has been hacked for 25 million dollars. Do you have any tips to avoid these situations in the future?
What kind of differences are there between a decentralized cloud network and a centralized cloud network? Why do we need decentralization for Cloud Services?
What kind of features does the Akash’s DeCloud have on top of some more traditional cloud services such as Apple’s iCloud and Google Cloud? How do you plan to beat such big old players on the market or is there even direct competition with you and their cloud solutions?
How do you plan to improve the general user experience while using cloud services? It’s been a wonderful and advanced decade for the niche but what would you see as the main challenges and opportunities for cloud services in the near years?
What exactly is the federated control plane and how does it work in multicloud? How does this provide an advantage for businesses to use?
Akash network How does it use dynamically managed resource allocation and how is simplified code distribution prepared for the infrastructure in this area?
Despite the high cost of cloud and storage systems How does Akash DeCloud minimize cost and ensure scale, flexibility and price performance for growing companies?
Is there any limitation of space for a user in Akash decentralized cloud? If yes, then what is the way to expand my limit of space?
Akash Network will launch its IEO on Bitmax Exchange. But, could you please explain why you are choosing Bitmax Exchange?
Generating a token is easy, but to make its valuable, can be difficult. Beside building strong community, developing mainnet function, what else will Akash Network do to make AKT token more valuable?
What does it mean to be a ”sovereign chain” such as Akash Network claims to be? Can we store AKT tokens in some regular crypto wallets such as Trust Wallet and Lunie?
What kind of technical advantages does the DeCloud have against some centralized platforms such as AWS and Google Cloud?
You’ve planned to launch the Akash Mainnet 1 with 64 validators. Why exactly this number and are they chosen already? What kind of requirements do they have?
I’m obviously familiar with your Russian community as a Russian but which other communities do you currently have and in which areas are you looking to expand in the near terms?
You already have a good list of partners such as Cosmos and Solana. What kind of additional value do each of these partners bring to Akash Network’s ecosystem? How do you plan to expand your network in the upcoming months?
Many Cloud Services have been victims of hacker attacks, such as Apple’s iCloud multiple times. What kind of a layer of security does Akash Network provide to their users’ data while using the DeCloud and what makes it more secure than the others?
Congrats on Mainnet launched with 64 Validators. Akash allocated top 27% of validators with two-third of Veto power and bottom 73% of validator with one-third Veto power. Why did you employ the Pareto Principle in the distribution of Voting Power? Why is it calculated based on bonded tokens and not total tokens?
Akas is the first DeCloud for DeFi and recently integrated Kava’s USDX for settlement fees on its platform. Why did you choose Kava’s USDX out of several stable-coins in the market? Do you plan to integrate other digital or synthetic assets in the future?
Can you share with us what mechanism helps increase the scarcity of the AKT token when it is circulated in the market? And what kind of plans do you have regarding the token unlocks in the future?
Currently on the DEFI market is becoming a trend and focus of investors and since then startups are also more about the DEFI trend. So what infrastructure does Akash provide for DeFi? How can partners trust Akash DeCloud’s security?
Can you share us the parameters of Akash Supermini? What costs do users pay for it to operate (electricity, maintenance …)? How can I optimize my Akash Token rewards?
Few week ago Akash implemented the cosmos interchain into the Akash Network framework, so can you tell me Which new possibilities are available to do after this?
Akash Network is considered a better cloud Option for its huge performance and cheap costs, so can you tell me what are the technology responsable of such efficiency?
How many communities are involved with Akash Network? I have understood that you created a Russian community, so apart of that Which other Akash communities Will be created?
Instead use Centralized cloud providers, the Decentralized Platforms as DAO can fit with Akash Decloud?
The Cloud System that Akash use is a Hybrid architecture, so can you tell why do decided be like this ?
How much expensive is a supermini device? How can obtain one?
Your system is “SERVERLESS”, can you explain how you handle it please, which is really tough cause servers are used for storing huge amount of data.
What makes “AKASH SUPERMINI” different/advantageous than others?
Clouding means uninterruptible service providing for 7/24/365. How does Akash assure this?
What are the advantages of Akash compared to traditional service providers especially to the market dominating big companies, such as AWS, Microsoft Azure, Google Cloud.
What is role of a Akash Network Validator? Who can be a validator, what are the criteria?
Can you tell about The Akashian Challenge which has a big reward of 3 M AKT? Is it still active, who can join, what are the criteria?
How can we become cloud providers in Akash an generate passive income quickly and easily at home or in the office?
Akash cloud is 10 times less expensive than others, which is great for us as usera, but how do you generate profit, why is Akash able to manage such a low price?
Unstoppable Cloud besides other things means that the cloud cannot be taken down by hackers. How is it ensured in Akash that hacker attenpts to attack would never succed?
Are there third parties involved in the storage of data? If yes, Who? and how is it ensured that the data won’t be shared or corrupted?
What is the limit of space for Akash decentralized cloud per user? How could I expand my limitand what is the top?
Hackers are very dangerous to Blockchain, how is Akash’s security, can it guarantee security?
why is akash not standing on ERC20, is there any problem in Eth (Ethereum)?
Why do IEO on Bitmex?
What is really the mission and vision of this AKASHA project? simply develop a blockchain platform that allows developers to launch large projects beneficial to technology?
Does AKASH’s Cloud Services (CSP) really outperform its competitors like AWS, Microsoft Azure and Google Cloud? what advantages do they have over them? only the profits that can be made?
What do I have to do to get my own AKASH SUPERMINI? And where can I read and prepare to be able to manipulate it to the maximum? on the whitepaper?
is it necessary to implement a token for the use of cloud services (CSP)? Why haven’t AWS, Microsoft Azure and Google Cloud released one? only generate cost reduction for tenants?
do you really think it is necessary for the world population to use the Akash Supermini? Or would it be more than a luxury for those with a higher economic position?
to enjoy cloud computing services with AKASH, do I also need to buy the Supermini? or with any computer can I manipulate in the cloud?
I see that months ago they launched the new Russian community of AKASH, is it in mind for the next few months to launch a community for LATIN AMERICA? or it does not seem profitable to them this community where the BITCOIN is taking over.
Is it really safe with The Unstoppable Cloud from AKASH? Anonymus would be unable to hack or duplicate it? what kind of security do you have?
can you really have decentralized cloud computing without the need to update it frequently? Does AKASH’s blockchain technology always keep it updated?
Akash Mainnet 1 is the launch of the Akash DeCloud and the true beginning of network governance. On your roadmap, the Akash Mainnet 2 is already in the process. What can we expect from the Mainnet 2? Will it enable the Cloud Computing DEX and Deployment of Applications?
Akash Cloud Services are much cheaper about 90% than market centralized cloud computing services. Do you think that in future, there will other cloud services will compete to Akash? What advanced activities Akash Network wants to create?
Proof of Stake network with the CosmosSDK we are community owned and run from the genesis block. How many validators are needed for sufficient bandwidth, storage capacity and decentralization in Akash Network?
Recently Akash had some Great Partnership, How will KAVA as Your partner help Akash to grow in Future?
As you said Akash is great for yield farming becasue It reduced the BOT infrastructure & Node infrastructure costs by 2-3x, How does Akash make it possible?
Can You talk about the Technology behind it?
When can see we see the testnets that include both deploying & hosting applications, How can Developers enjoy it?
I see the market size of Akash is more than $202B, its great!!
How do you see the market size after mainnet?
Can You talk about the market share of Token Holders?
As Akash is having its IEO on Bitmax Exchnage, Why did You chose Bitmax as a platofrm?
Can You talk about the some Positives from this IEO?
As I see Akash’s Model & Dfinity’s model are looking same, How do you see Dfinity as a competitor?
What’s the cloud computing and storage problem. How does Akash penetrate this market and solve these problems
As The world’s first decentralized cloud computing marketplace
1. Sequel to the Recent CLOUDFARE down time, can you explain more whether Akash can be a victim of such occurrence and how do you prevent such occurrences happening in Akash
What roles does the AKT tokens play in the ecosystem
Could you please describe us further about your product Akash Supermini? How will it revolutionize the IT industry and how may we as regular users benefit from it?
To get your products fully functioning, you will need a lot of more distributed cloud computing have the computing power shared. What kind of incentives do you offer for new users to do this?
How does Akash’s Cloud Services outperform for example Microsoft Azure, Google Cloud and AWS besides the better cost-structure for the customers? How can you remain profitable despite of being so much cheaper than your competitors?
What kind of expectations does Akash have for the upcoming Supermini? How will it benefit the everyday life of people and how difficult will it be to start using the product?
If I want to use the Supermini for mining / running a node, would it be possible to run other types of nodes through the device besides the Akash nodes?
If I want to use the Akash Network’s cloud services, will I be required to purchase the Akash Supermini at first or is it possible to be used with any device?
What are the benefits of Hybrid Cloud that Akash Network uses? How can users that have spare computing power take advantage of it?
In T+13 days of Akash Network Mainnet launch: 67% of voting power is held by 34% validators. What numbers are you targeting that will make Akash Network a complete Decentralized Cloud Infrastructure Marketplace? Who are these validators and has any vote taken place yet?
As per https://akash.aneka.io/charts, 67 % of AKTS are held by 10 ( 3.861 % ) addresses. Why is the number of addresses so low and who holds the other 33% of AKTS?
Why do you recommend using Lunie, which is not intended for storage. Do AKT tokens have their own home? Their own desktop or mobile wallet?
Can you explain more about this mathematical statement in Akash website “Compute for a fraction of the price”? How it can be solved with in your platfom? Thank you!
How much is the price range of Akash Supermini? Is it available worldwide? Can you elaborate some of the distinguishing quality of this product that even if it is expensive someone will buy it?
How to uses and rewards mechanism The Akash Supermini for Akash Network node, it would be great if become a node for Akash Network and earn rewards?
What are the core values and main goals that Akash Network wants to achieve?
How will blockchain technology be used on Akash Network?
So far how many clients have been using Akash DeCloud? Do future or potential new clients can have a way to know what the previous clients have to say with your service?
What kind of different plans do you have for the cloud services? What kind of limitations do you have for the regular users without payment to store data within your cloud?
How can an investor of the AKT token participate in the validation and the governance of the Akash Network? Do I need to have the Akash Supermini device for being a validator?
What kind of computational skills does it require to make the Akash Supermini functional? Does it need some special kind of configuration and does it need to be plugged into a computer? How much will the market price of Supermini device be?
In your website said “The DecloudFor Defi, and the World’s First decentralized cloud Computing marketplace”. How can you prove us for only you’re world’s First decentralized cloud computing marketplace.. Which source you use for that?
On your previous ama Your team said the the first 300 Superminis were priced at $975?Is supermini available in the Worldwide market to buy?if yes then how can I buy in India and make an order.
Being a validator or developer what are the competitive advantages participating in Akash Decloud early access program?
Can you tell us about Akash mini comupter specifications? When it it will available for sale in market?
wow wow wow. When I saw your Supermini, I immediately imagined a Supermaxi working using the resources of the human body. Why was it necessary to create a supercomputer in this format? Tell us about its purpose, how it differs from the usual “hardware” that is in every home and is it possible play on Super computer in SuperMario?
I correctly understood that Supermini is, among other things, a node for the Akash network? That is, Supermini owners have several types of income? Will I be able to run the Akash node on another service and receive the same rewards as the owners of a supercomputer?
While looking at your site, I saw a mention of Akash DEX. Are you planning to launch a decentralized exchange? This becomes very interesting given the fact that Akash’s economic model has not yet been disclosed by you and your own DEX gives you more opportunity to provide value.
how much Akash token alocation is for miners?
, what happen if almost all of the Akash token has been mined?
How does AKASH validators system works?
And how will Akash pass the chalenge to bring Fair rewards to each validators?
What is the requirements to become AKASH nodes?
Who are your competitors and what are your main advantages over them?
How will Akash keep the bad guys out of the cloud computing market? (let’s say, authoritarian regimes of power who want to create nuclear weapons.)
Tell us something about your recent achievements of AKASH and goals for the next some monthes?
How is Akash going to secure the project from monopolization of the free cloud computing market he is creating by such large players as Google?
How is Akash going to facilitate market access for buyers and sellers of cloud computing resources?
Where did the idea to name your project Akash come from? Everyone knows that this is one of the popular Indian names, so this is one of the names of the founders of the project?
How does your team plan to anticipate the development of this project in the future with the birth of other new projects every time?
Many project are currently experiencing a decline due to Covid-19. Will this have an impact on your business? If so, how will your team face this problem for to stay on top?