Lower costs and increase availability with Akash Network
closed
s
seneca
Hi there,
This is a feature request to both lower operational cost and increase availability through decentralization. It can be achieved by migrating the Invictus Platform, or part thereof, to Akash Network, a decantralized cloud marketplace.
A migration to the Akash Network would be an operational efficiency improvement, whose cost savings can be passed on to the Invictus Capital community due to more efficient capital allocation.
In slightly more technical terms, Akash is an open-source, serverless Linux container platform that runs any cloud-native and containerized application
+ faster
+ more flexible
+ at lower cost
+ permissionless
+ self-sovereign
Current cost-saving compared with centralized cloud providers like AWS, Microsoft Azure and Google Cloud is at about 76 % on average [see attached print screen of the Akashlytics price comparison (link below)], meaning you can run your platform for about 1/4 of the price, depending on your specs.
On Akash you lease a container and specify CPU, RAM and storage required, set a price and the compute provider with the lowest bid gets to run your container.
Akash is well established and has partnerships with, amongst others
+ Equinix Metal, who run 220 data centers in 25 countries
+ CertiK, whose nodes are deployed on Akash allowing CertiK clients to decentralize their cloud infrastructure
+ Helium, to provide decentralized cloud to the world's largest IoT network
If Invictus and its community is looking to increase the resilience and availability of the platform while also saving money, Akash should be a no-brainer.
More info can be found here:
Website: https://akash.network
Documentation: https://docs.akash.network/
Twitter: https://twitter.com/akashnet_
Dev & Tech Support: https://discord.akash.network
Dashboard: https://akashlytics.com/
Price comparison: https://akashlytics.com/price-compare
Matthew Finlayson
closed
Matthew Finlayson
we make use of Kubernetes hosted in gcp and are not that keen on migrating to another service provider at this stage
Matthew Finlayson
we are migrating to MATIC
s
seneca
Matthew Finlayson: Polygon is an Ethereum multi-chain ecosystem and Layer-2 scaling solution adressing the problem of scalability.
Akash Network is an open-source marketplace for decentralized Docker container hosting for a fraction of the cost of big cloud providers, up to 80% cheaper.
In summary:
Matic = blockchain scalability
Akash = decentralized hosting
Matic and Akash address different problems. While Matic increases TPS (transactions per second), Akash could slash your cloud bill by up to 80% and increase availability at that.
B Joy
seneca: I'm a customer of Invictus. I don't know anything about their backend systems and I'm in no way connected to the company, but have been enjoying the service they provide so far.
I agree there's a real barrier to entry with their current deposit process and it's good to hear they're implementing a new backend.
My feedback to you is based on my 18 years of experience working with software development teams.
I have often made requests like yours. The issue is that as an outsider (and perhaps as a non-programmer) it is impossible to know the technical constraints and operational considerations they have to work through to make a major decision such as changing part of their backend/software stack/systems.
Akash sounds fine but in the end as a consumer that's all transparent to you. If on the other hand, you're actually connected to Akash in some way, you should make that clear in your post.
In the end, as a customer, it would nice if the deposit cost and the clarity of what's occurring during the process improves. Beyond that I really suggest we, as outsiders, don't tell developers how to do their job or dictate the tech they use to deliver the service we want.
Whatever they come up with, I'm looking forward to the improvements that they're working on!