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I had not heard of Akash before. So I pay real dollars to setup and run a K8S cluster and people pay me in funny money to host their app on it? Looking at the

by RexM 4y ago

I had not heard of Akash before. So I pay real dollars to setup and run a K8S cluster and people pay me in funny money to host their app on it? Looking at the calculator[0] the price fluctuates quite a bit. The 30 day average is 1 AKT/$0.35 while the current price is $0.215. [0]: https://akash.praetorapp.com/calculator https://akash.praetorapp.com/calculator

latchkey 4y ago
Correct on both counts. The profit model just isn't sadly there yet. But it also wasn't there for Bitcoin in 2009 or ETH later on and people still bought hardware to mine.
- danielmarkbruce 4y ago
  That's because it's not a compelling service. It's been possible since the internet started and never took off. One of the most compelling services in the history of computing is the opposite - a centrally controlled service offering computing resources in return for standard, government issued currency. Throughout all computing, centrally controlled shared resources has been a compelling value prop.
  - latchkey 4y ago
    > That's because it's not a compelling service. In your opinion. There are a lot of indications that say otherwise, you just need to look around a bit.
    - danielmarkbruce 4y ago
      It appears to be the opinion of the market. Where are the indications? There are dozens of services using something like this, none of them have gone mainstream in the 50 (maybe 25 from a practical perspective?) years it's been possible.
galaxyLogic 4y ago
I would like the reverse case where my app runs in other people's machines and I get paid in crypto whenm people use it. Is there such a thing?
- latchkey 4y ago
  Google: "accept crypto payments" For example: https://bitpay.com/online-payments/ https://bitpay.com/online-payments/
  - bandrami 4y ago
    Accepting isn't enough. The issue is nobody prices in coin.
    - galaxyLogic 4y ago
      Also I would like it run not on just Amazon but on all the PCs out there which take part in the program, without having to contract with multiple parties or be dependent on a single cloud-provider like Amazon. I think this would be a good use-case for crypto. The thing about crypto is you don't sign a contract with any single company (like Amazon) to use it. Getting paid by users of your program wherever it executes should be (ideally) as simple.
execveat 4y ago
Assuming that really anyone can become a provider in 20 minutes as the website states and there is no KYC whatsoever, this is ridiculously insecure.

by RexM 4y ago

latchkey 4y ago

Correct on both counts. The profit model just isn't sadly there yet. But it also wasn't there for Bitcoin in 2009 or ETH later on and people still bought hardware to mine.

danielmarkbruce 4y ago
That's because it's not a compelling service. It's been possible since the internet started and never took off. One of the most compelling services in the history of computing is the opposite - a centrally controlled service offering computing resources in return for standard, government issued currency. Throughout all computing, centrally controlled shared resources has been a compelling value prop.
- latchkey 4y ago
  > That's because it's not a compelling service. In your opinion. There are a lot of indications that say otherwise, you just need to look around a bit.
  - danielmarkbruce 4y ago
    It appears to be the opinion of the market. Where are the indications? There are dozens of services using something like this, none of them have gone mainstream in the 50 (maybe 25 from a practical perspective?) years it's been possible.

galaxyLogic 4y ago

I would like the reverse case where my app runs in other people's machines and I get paid in crypto whenm people use it. Is there such a thing?

latchkey 4y ago
Google: "accept crypto payments" For example: https://bitpay.com/online-payments/ https://bitpay.com/online-payments/
- bandrami 4y ago
  Accepting isn't enough. The issue is nobody prices in coin.
  - galaxyLogic 4y ago
    Also I would like it run not on just Amazon but on all the PCs out there which take part in the program, without having to contract with multiple parties or be dependent on a single cloud-provider like Amazon. I think this would be a good use-case for crypto. The thing about crypto is you don't sign a contract with any single company (like Amazon) to use it. Getting paid by users of your program wherever it executes should be (ideally) as simple.

execveat 4y ago

Assuming that really anyone can become a provider in 20 minutes as the website states and there is no KYC whatsoever, this is ridiculously insecure.