This is exactly how I feel right now, the MainNet 2 is about to launch in about 15 hours from now.
The exact launch date is the 8th of March at 1500 UTC.
My Twitter feed is swamped with everything about Akash Network right now. I just keep re-tweeting the content by other AKT holders.
If you ever come across these tweets and wonder what exactly is Akash Network & $AKT, allow me to give you some pointers about it.
What is Akash Network?
- the world's first and only decentralized cloud computing marketplace
- AirBNB of cloud computing
- allows anyone to provide cloud computing in a decentralized manner
- allows anyone to lease cloud computing in a decentralized manner
- Proof-of-Stake consensus
- 64 Validators running the network
- built using Cosmos SDK
- one of the first blockchain to be integrated into Cosmos IBC (Inter-Blockchain Communication)
What is $AKT?
- the governance token
- also a utility token to facilitate the transaction between the cloud provider and lender
- you may stake to earn inflation rewards
- 50% APY
- 74% if staking rewards is compounded
- you may unstake anytime
- requires 21 days to unbound for network security
What is MainNet 2?
- second phase of Akash network's main development
- so-called DeCloud Marketplace
- it allows anyone to provide cloud computing service
- it allows anyone to lease cloud computing services
- as it matures, it will provide 20% take income from all transactions towards the $AKT holders
If you wish to learn more about this project, feel free to check on these links:
https://akash.network/blog/the-economics-of-akash-network-and-token/
https://akash.network/blog/the-earning-potential-of-akash-token/
https://akash.network/blog/akash-decloud-mainnet-overview/
Which exchanges have listed $AKT?
Akash Network Discord Invite Link
This is the way!
Oh yeah ;)
By the way, out of curiosity...
What are the chances that all crypto projects will be deployed in Akash Network in 1-2 years from now?
10%?
25%?
50%?
99%?
I'm curious what do you think about it.
Does that mean Cosmostation will show an akashnet-2 ?
That means new validators and different staking?
Based on what I gather, Mainnet 1 & 2 are separated from each other.
MainNet 1 is for token distribution & governance.
MainNet 2 is solely for the Marketplace (future changes on the marketplace won't require a hardfork), however, any changes or implementation of features (i.e. Take Income) will require community voting through MainNet 1. I'm not aware or read about a required new set of validators for mainnet 2, the marketplace is peer-to-peer.
To be honest, I'm really curious about the implementation of marketplace and its features. I hope the UI is good for non-tech people like me :)
One small warning on Akash discord is that there may be some downtime as cosmostation updates- just the UI, not the chains themselves.
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Shill my bags, yes please!