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Gas Gas Revolution

Tom Tunguz

This drop in prices has grown AWS into a $90b revenue business in 17 years. The same cost-reduction phenomenon is occurring with blockchains, though it’s not nearly as well publicized. The same cost-reduction phenomenon is occurring with blockchains, though it’s not nearly as well publicized. for Arbitrum.

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Spot the Difference

Tom Tunguz

We swapped the transaction database from PostGres to a blockchain like Ethereum or Sui , and the file storage from AWS S3 to a decentralized storage provider, perhaps Filecoin or ArWeave. Compare this image to a web3 architecture with the web3 parts in red. Only the transaction database & the file storage changed color.

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The Critical Question Facing Web3 Infrastructure Startups

Tom Tunguz

That’s much more work than the automatic credit card payment with AWS. Perhaps this dynamic drives consolidation in the market, paralleling the web2 infrastructure hypermarts of AWS, GCP, and Azure. Migrate the database (blockchain) and the file system to ensure on-chain asset ownership survives the company.

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Blockchain-based storage service takes on Amazon AWS, unveils pricing

IT World

A cloud storage service first announced in 2015 that uses the decentralized, peer-to-peer architecture of blockchain to store encrypted data on the computers of users around the globe has unveiled its pricing model and production launch date. To read this article in full, please click here

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Amazon goes live with its blockchain managed service

IT World

After nearly a year of testing, Amazon on Tuesday announced the general availability its Amazon Managed Blockchain , a fully managed service that makes it easy to create and manage scalable blockchain networks. To read this article in full, please click here

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5 Predictions for 2020

Tom Tunguz

Blockchain technology finds its second killer application. Look no further than AWS Re:Invent where Amazon announced an entire suite of Machine Learning tools that compete with nearly every player in the ecosystem in every level of the stack. The IPO market was open. BTC/USD prices are down 30% at least.

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Hedera Hashgraph launches mainnet, hopes to compete with global business networks

IT World

The distributed ledger technology (DLT) is a direct competitor to blockchain distributed ledgers such as Ethereum and Hyperledger, and claims it can outperform traditional financial and business networks. Read the Download: Beginner's guide to blockchain special report ]. To read this article in full, please click here