Competition Heats Up in Decentralized Computing
The race among computing networks is becoming more intense as decentralized players like Aleph.im enter the ring, backed by the ever-growing crypto ecosystem. These digital warriors are not just here for fun and games; they’re charging ahead with some serious funding.
Aleph.im’s Big Win: A $10 Million Funding Round
Recently, Aleph.im clinched a significant $10 million funding round, led by Stratos Technologies and supported by a cast of contributors like Zeeprime, NOIA Capital, Theia, Bitfwd Capital, Token Ventures, and Seven Capital. This capital influx is aimed at establishing fully decentralized computing power and censorship-resistant data storage.
Rolling Out the Nodes: A New Era for Aleph.im
Looking toward the future, Aleph.im plans to kick off its first computing resource node in January. These nodes will serve as the backbone of Aleph.im’s decentralized network, providing essential processing power. The ambitious project is expected to increase the operational capabilities from the current 70 core nodes to an impressive 150 node operators. Talk about leveling up!
Rewards for Nodes: It Pays to Participate
The innovative team behind Aleph.im isn’t just running on good intentions; they reward their core nodes with native tokens known as ALEPH. Expanding this node network will enable the creation of a distributed virtual machine, setting the stage for full-stack decentralization—a true boon for key blockchain and decentralized application (DApp) developers.
Looking Forward: Storage Nodes on the Horizon
After launching its computing nodes, Aleph.im has plans to activate storage nodes in 2022. According to founder Jonathan Schemoul, this leap into decentralized storage will allow developers in the Web3 space to finally decentralize every aspect of their development stack. No more relying on centralized systems—it’s all about taking control back!
Industry Insights: Stratos Technologies Weighs In
Rennick Palley of Stratos Technologies believes that while decentralized services are on the rise, Web3 development still leans heavily on a select few service providers. He states, “Aleph.im’s efforts benefit the industry as a whole, and we are proud to contribute to the movement toward truly decentralized full-stack architecture.”
The Future is Decentralized
In the previous year, Aleph.im launched a groundbreaking DApp for automatic backups of non-fungible token (NFT) data. Gaming giant Ubisoft, despite some backlash from its community, has partnered with Aleph.im as a channel node operator, demonstrating the growing interest in decentralized tech across diverse industries.
