How blockchain can better improve cloud computing solutions

Today's advanced technologies on the market have changed the data protection model and created a new data protection model in which data is not only replicated or backed up, but also protected from the network by blockchain-based authentication. attack.

Last year, Ethereum founder Vitalik Buterin said that due to scalability issues, the company's blockchain platform may never replace centralized cloud computing, but it will outperform the VISA platform in the next few years.

As Buterin said, the current blockchain is far from replacing cloud computing in terms of the computing power required to run big data applications. But that doesn't mean that the technology doesn't help it reach its goal, nor does it mean it has no effect in improving the existing cloud computing infrastructure.

One of the main challenges facing cloud computing in the blockchain is cost. Cloud computing solutions tend to be cheaper when used for short periods of time, but can be very expensive when used for applications with predictable workloads. In other words, these solutions are cost-effective when used occasionally, but are much more expensive than traditional methods in everyday use.

The high cost of cloud computing applications can be attributed to the concentration of services provided by companies such as Amazon, Microsoft, and IBM. But now through blockchain technology, cloud computing applications can be decentralized. In addition to reducing costs, decentralized management ensures increased efficiency while eliminating the risk of data breaches.

One of the companies that entered the cloud computing decentralization market was Conduit, a platform created by engineers trained by the Massachusetts Institute of Technology (MIT). The project attempts to collect unused computing power from a variety of devices and share it with businesses and users who need to run a large number of computer applications.

Unlike traditional cloud computing solutions, blockchain-driven cloud computing solutions will rely on a large amount of idle computing power from users including personal computers. This means unlimited computing power and lower costs because neither the provider nor the user need to build any infrastructure.

According to Ryan Robinson, CTO of Conduit, the project is very helpful in providing the computing power needed to provide cryptocurrencies. One of the main obstacles to the acceptance and recognition of the effectiveness of large-scale energy consumption in order to tap the cryptocurrency.

Solutions in this area are invaluable for large-scale adoption of encryption. With the solution provided by Conduit, individuals can mine cryptocurrencies from their PCs without investing in costly infrastructure.

Conduit's solution is not the only solution that attempts to democratize cloud computing space. Another company, called Leonardo Render, is developing a solution that enables users to implement their creative process using an external GPU instead of a personal GPU or a cloud-based GPU. Rendering or image composition is the process by which a computer graphics card performs complex calculations to generate 2D or 3D images.

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Currently, individuals or companies need to invest in their own rendering infrastructure or rely on cloud computing services. These two options are not only costly, but the animator needs to wait a month for the video rendering time per second, which is very slow.

Leonardo Render uses blockchains to enable users to connect directly to large-scale GPU mining companies and leverage their computing power without having to upload their creative work to third-party platforms. This means that rendering can be implemented on the user's computer and they can track the various stages of the process.

In addition to helping creators and artists, the Leonardo Render solution will also help miners in cryptocurrencies. GPUs are considered more suitable for encrypted mining than CPUs because they are more likely to perform similar and repetitive tasks than diversified multitasking.

Another company, called Gladius, is also developing a solution that aggregates bandwidth and shares it with users who need extra bandwidth to protect against DDoS attacks. While cloud computing can provide the extra help needed to go beyond these attacks, it still has limitations. On the other hand, such a decentralized solution as Gladius offers is less costly and highly reliable due to the services offered by a range of bandwidth providers.

With the continuous development of blockchain technology, there will undoubtedly be more and more cloud computing solutions. The speed of decentralization is increasing in many organizations around the world, so this is the best time to explore blockchain technologies and opportunities. When people talk about cloud computing, companies such as Conduit, Leonardo Render, and Gladius are paving the way for more technological innovation in the blockchain space.