Monday Mar 06, 2023

Is Decentralized Cloud Infrastructure the Killer dApp for Web3?

Is Decentralized Cloud Infrastructure the Killer dApp for Web3?

The transition from web2 to web3 seems like a monumental shift for many organizations and although Amazon seemed to replace Radio Shack very quickly, many companies are still struggling to build the infrastructure needed to enter the world of decentralization. 

Well that is where our next guest comes in Daniel Keller, who is the co-founder of Flux, a decentralized cloud infrastructure, sat down with Ian Andrews (Chief Marketing Officer, Chainalysis) and explained how Flux may be the Amazon AWS of the blockchain. 

Daniel explains the difference between centralized and decentralized cloud infrastructure and how companies are using his technology for a wide range of tasks, from setting up a word press site to facilitating crypto and NFT transactions. Daniel emphasizes the need to keep cloud infrastructure affordable and explains why Flux moved away from their privacy centric origins. 

Minute-by-minute episode breakdown

  • (2:35) – What is Flux and why is this decentralized cloud infrastructure  being called the “aws on the blockchain” 
  • (5:25) – Decentralized vs. Centralized cloud service providers 
  • (13:35) – What can be run on Flux’s decentralized cloud infrastructure?
  • (17:00) – The age old question. Why create a Layer 1 (L1) blockchain?
  • (21:45) – Daniel’s origin story of building one of the biggest GPU mining operations in USA
  • (26:15) – How to maintain decentralization on Flux when creating cloud infrastructure 
  • (31:55) – Tokenomics 101 and why Flux created it's own wallet 

Related resources

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Speakers on today’s episode

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