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Decentralize Everything part 1 - The Cloud. by jk6276

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· @jk6276 ·
$10.21
Decentralize Everything part 1 - The Cloud.
We have witnessed in recent days, the power that web 2 services have to censor and in some cases shut down freedoms.  Whatever your opinions are on the topic, and the events that have unfolded recently, many people are re-assessing privacy and freedom of speech, and the importance of decentralization.  In this "Decentralize Everything" series, I hope to cover a number of alternative platforms and services that offer decentralized alternatives to Web 2 providers.

If you have suggestions for services I should look in to, feel free to hit me up in the comments.

<center> https://cdn.pixabay.com/photo/2018/04/05/23/30/nature-3294543_960_720.jpg </center>
<center> <sub> Source: [Pixabay](https://pixabay.com/photos/nature-outdoor-sky-cloud-cloudy-3294543/) </sub> </center>

# <center> The Cloud. </center>

In the first part of this series, I will look at a decentralized alternative to cloud service providers.  As part of the current crackdown on freedoms, we have witnessed Parler being systematically attacked on a number of angles.  Parler is a Twitter alternative, and while not a decentralized service itself, It has put a spotlight on the power that cloud service providers - Most notably Amazon Web Services (AWS) have to shut down a website.

Here are a couple of links for more info on the Parler shutdown:

* [CNN Business article](https://edition.cnn.com/2021/01/09/tech/parler-suspended-apple-app-store/index.html)
* [LeoFinance article by @jondoe](https://leofinance.io/@jondoe/parler-has-been-cancelled-but-no-bitcoin-is-not-next)
* [Defending our Freedom of Speech](https://peakd.com/censorship/@dan/the-next-step-to-defend-our-freedom-of-speech) Post by @dan on HIVE which does not specifically mention Parler but covers the topic in general.


So what are some of the options?

<center> ![post divider 1.png](https://images.hive.blog/DQmZPr4hR3gSAiy5so6igJkAJP66K8gpN26kYYNeJZAruay/post%20divider%201.png) </center>


## <center> Storj. </center>

Storj Labs describes Storj as follows:
> Storj (pronounced storage) is an open source decentralized cloud storage platform. Learn more at https://storj.io.

> What exactly is decentralized cloud storage? On the user’s end, it operates exactly the same as traditional cloud storage options like Amazon S3. But, instead of your files being stored in a big data center that’s vulnerable to outages and attacks, your information is stored on thousands of distributed Nodes all across the globe.

The basic premise of Storj is that rather than storing data in a centralized cloud service like AWS, your information is stored on thousands of nodes around the world.  In simple terms, people allocate their spare storage space (Spare Hard drive or server storage) to the Storj network, and run a node.  They are payed depending on how much they store and how often the data they store is accessed.

Data is encrypted, from start to finish, so node operators couldn't access or alter it if they wanted to, and files get split across multiple nodes to ensure security and trustlessness.  [This post from Storj Labs on Medium](https://medium.com/@storjproject/what-is-decentralized-cloud-storage-3a530f1552) is a very handy starting point for further information about Storj, and was the primary source I used to learn more, and for the above quotes.

Storj has an ERC20 token as part of its ecosystem.  It is currently ranked 199 in the [market cap rankings by Coingecko](https://www.coingecko.com/en/coins/storj)

<center> ![post divider 1.png](https://images.hive.blog/DQmZPr4hR3gSAiy5so6igJkAJP66K8gpN26kYYNeJZAruay/post%20divider%201.png) </center>


## <center> SIA </center>

Very similar to Storj, Sia was one of the first in this space having been launched in 2015.  It describes itself as follows:

> Sia is reinventing cloud storage. Our technology connects users who need file storage with hosts worldwide offering underutilized hard drive capacity. Blockchain technology secures their data and enables improved economics for users and hosts.

A simple place to get started is their [Welcome to the Sia Network](https://support.sia.tech/article/dk91b0eibc-welcome-to-sia) page.

Siacoin is the transactional unit linking those that want to store files, and those that want to rent their storage space out.  It is also a POW blockchain, so miners earn block rewards in Siacoin.  For more information on the SIA coin, see the [Coingecko page](https://www.coingecko.com/en/coins/siacoin).  It is currently ranked 94 with a marketcap just shy of $200 million.

<center> ![post divider 1.png](https://images.hive.blog/DQmZPr4hR3gSAiy5so6igJkAJP66K8gpN26kYYNeJZAruay/post%20divider%201.png) </center>


## <center> Filecoin. </center>

Launched in a blaze of publicity, with a mega ICO in 2017, Filecoin finally hit the markets in October 2020.  It has underperformed since then, and currently sits just over $20 each.  It's market cap is close to $1 billion, and rank is currently 39 [according to Coingecko](https://www.coingecko.com/en/coins/filecoin)


Similar to the above projects, at its core Filecoin is a decentralized data storage service.  Linking those with extra storage space, to those who need to store files is its core use case.  I won't go into too much more detail, but it will be interesting to see if it can live up to the hype surrounding it

<center> ![post divider 1.png](https://images.hive.blog/DQmZPr4hR3gSAiy5so6igJkAJP66K8gpN26kYYNeJZAruay/post%20divider%201.png) </center>


## <center> Akash Network. </center>

By far the most interesting new service I have come across recently is [Akash Network](https://akash.network/).  Their home page claims they are "The Unstoppable Cloud".  The point of difference here is that unlike the above, which are all just decentralized *storage* services, Akash is a *decentralized computing platform*.

> Akash DeCloud is a faster, better, and lower cost cloud built for DeFi, decentralized projects, and high growth companies, providing unprecedented scale, flexibility, and price performance. 10x lower in cost, our serverless computing platform is compatible with all cloud providers and all applications that run on the cloud.
<sub> Source: [Akash website](https://akash.network/)

Akash networks blockchain is built on the Tendermint Cosmos chain structure, and first came to my attention as a result of interactions with Thorchain.  A significant weakness, and potential attack vector against Thorchain, and indeed many other blockchain systems, is a heavy reliance on AWS where many nodes and programs have been run from.  Can you imaging if AWS decided (or was forced) to shut down services to the DeFi industry.  With a significant amount of the computation happening on AWS, the sector could be significantly disrupted.

Akash is a new entrant aiming to offer a solution to this centralization.  Rather than sharing storage space with the network, participants share their excess computing power.  What it reminds me of is systems like [World Computing Grid](https://www.worldcommunitygrid.org/) where you could donate your computers spare power to run collaborative scientific research.  

I plan to do a deep dive into Akash over the coming weeks, to learn more about the project. For now, their [whitepaper and marketplace information](https://akash.network/whitepapers/) is probably a good starting point. You can see the coins [coingecko stats](https://www.coingecko.com/en/coins/akash-network) with its ranking at 319 and market cap at $23 million, this is definitely a project to keep an eye on.

<center> ![post divider 1.png](https://images.hive.blog/DQmZPr4hR3gSAiy5so6igJkAJP66K8gpN26kYYNeJZAruay/post%20divider%201.png) </center>


# <center> Summary. </center>

To me, the most interesting project I have come across in this space is Akash Network.  The file storage platforms Sia, Storj and Filecoin all offer a decentralized data storage solution as an alternative to Web 2 providers.  Akash is unique, and very relevant in particular to Crypto and the DeFi sector.  

Keep an eye out for future articles in this new "Decentralize everything" series, and a future deep dive into Akash Network.

Thanks for reading, please share your knowledge or experiences with any of these platforms in the comments.

Cheers,

JK.

<center> ![jk_blog footer.jpg](https://images.hive.blog/DQmNPu2Ha6SudZkSUxiZmqtWnM9JSqVpsetz5pFknSdqsAh/jk_blog%20footer.jpg) </center>






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@albertocaeiro ·
Clearly, after the big techs (Google, Apple and Amazon) showed censorship, we increasingly needed decentralized solutions.

One of the concerns I have is if governments start to pressure the hosting services to censor interfaces with the blockchains like leofinance.io as we would be able to continue to do what we like and to interact with Hive and LeoFinance community.

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@jk6276 ·
Yes, the pressure that could be exerted on "decentralized" platforms is something we need to plan for and have a solution in place before it happens.  We are witnessing with Parler, how quickly a site can be effectively shut down, without a backup plan.  

Blockchain sort of fixes this, but reliance on AWS and the like is a potential weak point.

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@alejo8497 ·
I liked the post, do I have a concern? Storj is centralized by Satelite nodes.

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@jk6276 ·
Thanks, I didn't come across that in my initial research.  I guess no system is perfect, there will be weak points somewhere along the line.  Ultimately, all this is on the internet - shut that down and...  

Anyway, I appreciate your comment.

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@bagofincome ·
Now I gotta get myself some of these coins! First, gotta do my own research! Thank you for sharing! 

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@bahagia-arbi ·
I got so many new knowledge from this cool post. Thank you very much my friend. I always want to read the info like this here, on LeoFinance. You know I am learning much from content creators like you. 
Regards from Indonesia.

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@cryptovios ·
I couldn't agree more! Rebloging.

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@divinebeingness ·
Insightful! Thanks.

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@efathenub ·
Great post! looking forward to seeing the rest of this series πŸ™‚

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@jk6276 ·
Will try and make it a weekly series.  Glad you liked it.

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@hykss ·
I look into Akash before your next article and the FOMO you'll start ;)

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@jk6276 ·
Haha, digging into it now.  Not sure I have the influence to start a FOMO run, maybe just a little Leo based FOMO.

Thanks for reading, more on Akash coming soon.

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@hykss ·
Haha thank you. May you please also talk about the ways to buy/get it as I can’t buy it on binance :D

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@lebah ·
Decentralization is a kind of silent protest against hegemony of big tech 

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@mk992039 ·
As I remember I have seen the projct year agi (if I am not wrong) and afterword completely forgot about it... thanks for sharing....
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@onealfa.leo ·
I'm waiting for next !

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@jk6276 ·
I'll try to make these weekly features for a while.  Then I can deep dive into anything interesting in between.  Digging into Akash for now.  Thanks for the support.

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@onealfa.leo · (edited)
![toruk_washere_bonus.jpg](https://images.hive.blog/DQmWDXGYFXJNsjAiD5ZQNJZ6b31NveEG18iZoaDotw3RhFM/toruk_washere_bonus.jpg)

[More info](https://leofinance.io/@onealfa/toruk-was-here) why you see this.


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@poshbot ·
https://twitter.com/JohnKeo58416448/status/1348779751540887554
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@jk6276 ·
This tweet has been deleted and I retweeted with a link in the other poshbot comment.

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@poshbot ·
Due to how Twitter works, it is not possible to detect and remove comments for deleted tweets.  It would require constantly hitting Twitter api to check if every single tweet is present.  With 3,000-4,000 Hive tweets/week it just isn't practical.
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@poshbot ·
https://twitter.com/JohnKeo58416448/status/1348793124512878592
πŸ‘  
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@poshbot ·
https://twitter.com/vonzeppelin2/status/1349144041234051072
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@poshbot ·
https://twitter.com/filiposaa/status/1349482095622713349
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@poshbot ·
https://twitter.com/Ray08606358/status/1349529078328487936
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@taskmaster4450le ·
Great series to write at this time.  Looking forward to the follow up.

That Akash does sound interesting.  Will have to look into it further.

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@jk6276 ·
Yeah it should be pretty topical.  I'll aim for one area to cover each week, and then anything really interesting I'll deep dive into as we go.  Looking more at Akash, will post some more soon.

Thanks for the support.

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@vimukthi ·
I was about to recommend few of them. You have done your research well and you have already listed many of them here. This is my first time hearing about https://akash.network Thank you for sharing about it. I will list few other potentially useful projects:

- https://sonm.com
- https://iex.ec
- https://dfinity.org
- https://solana.com
- https://www.ankr.com
- https://ethernity.cloud
- http://deepcloudai.com

18 minute read o decentralized cloud computing: https://medium.com/@eternacapital/blockchain-based-decentralised-cloud-computing-277f307611e1

These are just the ones I know about. If you know even more potential solutions, please list them below. I would like to learn about the myself. 

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@jk6276 ·
Thanks heaps for that list, I'll look into more deeply when time permits.  My post wasn't comprehensive, just what I have come across and what's been around for a bit.  Akash caught my attention, and I'll be digging into it more, probably buy some of the token and stake it - and make some guides and so on.

Thanks for sharing these resources, I don't have much to add to the list for now, but If I come across more I'll let you know.


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@wiseagent ·
Great writing, @jk6276.

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@jk6276 ·
Thank you, glad you liked it.

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