There is some debate about the potential benefits of hosting cloud computing on a centralized or decentralized network and whether the blockchain could have any significance on such a front. The answer seems to be definite, perhaps in certain circumstances.

Aviva Litan, vice president and analyst at Gartner, says the blockchain allows for decentralized cloud computing, which could spark noise from new computing approaches and Web 3.0. “In that sense, it’s devastating for centralized boys,” she said. “This will not disrupt the industry overnight; I don’t see it happening so fast. “

Decentralized cloud computing could be an alternative that might even make sense for some blockchain-free applications, Litan said. However, there may be a reluctance in organizations to move workloads quickly in this direction, she said. However, with certain applications, such a move can be a way to save money.

Immersion in this arena means accepting a hazy, almost amorphous form of cloud computing. Blockchain’s decentralized architecture usually means never working in a single environment, Litan said. “If you look at a blockchain of 10,000 knots, you can run your nodes wherever you want. With bitcoin or Ethereum miners digging, she says, they can set up their nodes in advance or in a cloud of their choice. In that sense, it is not centrally controlled by any player, says Litan.

Web 3.0 activities

As for how much of the data and cloud areas are tied to Web 3.0 activities, it seems like it’s still very early days. For example, she says, cryptocurrency trading may not represent much data, but since NFT trading involves large objects, it may require distributed-style storage. Options for such storage include IPFS (InterPlanetary File System), says Litan, which is peer-to-peer networked storage in a distributed system, as well as value-added systems like Arweave that make IPFS more reliable, secure, and robust. .

There are still some functional concerns that may prevent developers or organizations from using distributed systems. “The reason you’d like to use decentralized computing is if you’re setting up your own node or if you’re writing applications that need computing power,” says Litan.

Some of the benefits of turning to a decentralized cloud include that it could be a way to cut costs, she said, instead of being on the whims of a centralized country that can increase tariffs, hold user data and keep it locked in place. . “It’s very difficult to transfer loads from one cloud provider to another,” says Litan. “It’s certainly a good innovation.” And yet such an innovation has been talked about for years, she said, making uncertain progress.

Decentralized cloud

In principle, the value of the decentralized cloud in its current form comes down to the circumstances and needs of users. “If you’re setting up a digging unit and need a little cloud power, why would you want to pay AWS?” Litan asks. Decentralized cloud may be cheaper to work with in such cases, she says, which is popular with miners who want cheap calculations to make money on margins.

At the moment, many developers are writing applications, looking for the most affordable cloud service, Litan says, and then deploying to the main blockchain, where there is no control over where Ethereum or Bitcoin work. It’s like saying, “Where does the Internet work?”

There is some possibility that the blockchain and the decentralized cloud will gain more momentum in the future, but for now their impact on the overall cloud computing remains rather a niche. “It may become more important as people start writing loads of intensive calculations and want to reduce costs,” says Litan. Decentralized cloud computing could also be useful for organizations running blockchain-free applications, she said. “Then they control their environment, where they are and how much they spend. They control the whole stack. ”

What to read next:

Fintech, cloud and finding ways to bridge the skills gap

Where developers fit into the metaverse and crypto landscape

Crypto and NFT: a new digital footprint for businesses?

https://www.informationweek.com/cloud/are-blockchain-and-decentralized-cloud-making-much-headway-

Previous articleNvidia faces a $ 5.5 million fine, Trump remains banned on Twitter – Video
Next articleTips and tricks for creating a successful hybrid environment