The post Quai Network Integrates Akash to Enhance Blockchain Scalability and Cloud Computing appeared on BitcoinEthereumNews.com.

The Quai Network, a pioneer in scalable blockchain technology, and Akash Network have collaborated to introduce decentralized cloud computing capabilities for miners. With the help of Akash’s distributed cloud platform Quai miners can operate through decentralized nodes This integration increases participation across the network, and enables Quai blockchain security by limiting dependency on centralized structures. With the availability of Akash nodes, Quai Network introduces a decentralized operational framework, aligning with its mission to scale Proof-of-Work technology. Quai Network has disclosed this integration through its X account, showcasing as a new milestone to enhance blockchain scalability and cloud computing. Quai and Akash Working for Seamless Web3 Development Developers on the Quai Network gain access to Akash’s global compute marketplace, streamlining the deployment of services and decentralized applications (dApps). The integration reduces entry barriers ensuring small-scale projects benefit. This integration between Quai’s Proof-of-Work (POW) technology and Akash’s decentralized cloud services creates a seamless environment for building Web3 applications. Developers efficiently use resources, scale to meet growing demand. Improved User Experience and New Onchain Opportunities Quai Network users will benefit from enhanced transaction processing speeds and reduced latency. By utilizing both Qi for daily transactions and Quai for value storage, users can engage in arbitrage opportunities created by the improved infrastructure. Additionally, Quai Network‘s dual-token system combines UTXO-based Qi for daily transactions with EVM-compatible Quai for long-term value storage and gains new economic opportunities through arbitrage possibilities. Co-Founder of Quai Network Alan Orwick also highlighted the importance of this integration, noting that it will allow everyone to leverage the full extent of decentralized infrastructure. Likewise, Greg Osuri, the CEO of Akash Network, underlined that their mission to democratize cloud computing leans on well-scalable blockchain. Source: https://blockchainreporter.net/quai-network-integrates-akash-to-enhance-blockchain-scalability-and-cloud-computing/

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Filed under: News - @ December 28, 2024 10:09 pm