What is Cloud Computing & why it has to be decentralised ??
cloud computing
Cloud computing is particularly a term used to convey various hosted services provided via the servers, data storage, networking, databases, and software. Cloud-based storage enables us to avoid wasting files to remote databases instead of keeping the info on a local device or exclusive disc drive as long as our gadget has access to the web, we are going to have access to data and also the software program to run it.
A cloud will be public or private. Everyone on the internet has access to the services provided by the public cloud whereas, a private cloud may be a data center or proprietary network that restricts its services to certain people with limited access and particular permission settings. However, public or private, the chief goal of cloud computing is to deliver scalable and straightforward access to those services and computing resources.
Cloud computing services are of three main categories.
Software-as-a-service (SaaS):
It is a distribution model that provides Licenses to the software applications on the internet hence, the user can have access to that at any time, any location within the world using a mobile or computer device that has internet access. A simple example of SaaS is Microsoft 365 for email and productive services.
Infrastructure-as-a-service (IaaS):
During this model, the cloud offers host improvement tools on their infrastructures because it provides everything from operating systems to storage and servers via IP-based connectivity. During this, we must not purchase a server or software. IaaS system includes Microsoft Azure and IBM cloud.
Platform-as-a-service (PaaS):
This cloud-based computing is the foremost complex because it has some similarities with SaaS. But the difference is that instead of delivering software online, it creates software taken through the internet. Heroku and Salesforce.com are common examples.
What is Decentralized cloud computing?
In the conventional cloud, the information is stored in one data center and decentralized cloud computing comprises a peer to peer network of user operators that contains a small portion of overall data, generating a secure file storage sharing system. These will be a peer-to-peer-based network or blockchain-based application. During this store system, we have that great distributed system comprising thousands of Nodes everywhere on the planet that individuals possess and work to store data on our behalf.
Why make it decentralized?
The main drawback with centralized computing storage like Amazon S3 is the information lodged in one big data center. If one portion of the network goes down, we will not be ready to access knowledge. There are chances to damage it permanently. Additionally, these large data centers are easy to hack and are less secure. On the other hand, decentralized cloud storage uses end-to-end encryption on every file to make it safer.
Decentralized cloud computing is the future but Why?
Decentralized systems like blockchain systems have the power to revolutionize payment and financial systems, together with the net — for the betterment of humankind and the whole planet. As decentralization reduces many problems like censorship, data security, and value inefficiencies
Decentralized data storage makes consumers develop independent control over & access to the information. The demand for decentralized cloud storage is growing fast because the generation of novel platforms enhances the safety and adjustability of cloud storage, meanwhile reducing the prices for end-users. Several decentralized storage networks goals require substituting the mandatory cloud storage giants; however, others aim to control alongside them & develop and refine their assistance.
By keeping and storing data across a decentralized peer network, consumers can benefit from improved data security by redundancy. By avoiding the employment of present centralized storage providers, customers can experience refined flexibility concerning their data storage requirements — and there could also be fewer chances to urge pigeonholed into inappropriate contracts thanks to the lack of possible alternative solutions. Decentralized cloud storage also permits essentially everyone — not hardly main data centers — to become a storage supplier, which might help drive additional decentralization within the cloud cupboard space.
Cudos is One of the best solutions
Cudos is fully transparent, completely decentralized, and environmentally sound. This network offers a permissionless, decentralized, and highly scalable computing solution that eradicates the chance of centralized computing systems. By the utilization of distributed computing resources across various nodes. There is zero risk of the kind of outages that are affecting centralized cloud
Cudos delivers scalable compute solutions acting on two opportunities. First, Cudos Network is the layer 1 blockchain in a Cosmos ecosystem, utilizing a delegated Proof of Stake (dPoS) consensus system. Fundamentally, PoS is safer for the environment too. And it doesn’t consume energy for crypto mining, rather like the Proof of labor (PoW) protocol. By connecting into other networks and offering data and compute oracles, Cudos Network may also efficiently perform as a layer 2 solution to the opposite blockchains by solving the scalability & throughout issues and conveying Turing-completeness to the blockchains lacking it.
Even the advanced decisions of the Cudos team permit the platform to figure along with other blockchains inside the Cosmos ecosystem. However, the team is working to deliver cloud computing power outside the Cosmos Hub Zone. It may finish with the assistance of specially designed bridges and lots of other cross-chain installations. With the help of this, users can organize Ethereum sharp agreements without fear about high gas fees, scalability, low lack of coding flexibility, or transaction speed.
Conclusion
Investigating the decentralized cloud computing market, I observed that decentralized cloud computing is considered the subsequent innovation in the continued internet advancement. During this case, Cudos is that the best solution as described above to say an enormous portion of the cloud computing market within the future years. Till then, the decentralized cloud computing space would still fine-tune their existing services to enhance their mainstream request.
About Cudos
The Cudos Network is a layer 1 blockchain and layer 2 computation and oracle network designed to ensure decentralized, permissionless access to high-performance computing at scale and enable scaling of computing resources to 100,000’s of nodes. Once bridged onto Ethereum, Algorand, Polkadot, and Cosmos, Cudos will enable scalable compute and Layer 2 Oracles on all of the bridged blockchains.
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