Tom Tunguz
OCTOBER 26, 2023
This drop in prices has grown AWS into a $90b revenue business in 17 years. The same cost-reduction phenomenon is occurring with blockchains, though it’s not nearly as well publicized. The same cost-reduction phenomenon is occurring with blockchains, though it’s not nearly as well publicized. for Arbitrum.
Tom Tunguz
JULY 19, 2022
We swapped the transaction database from PostGres to a blockchain like Ethereum or Sui , and the file storage from AWS S3 to a decentralized storage provider, perhaps Filecoin or ArWeave. Compare this image to a web3 architecture with the web3 parts in red. Only the transaction database & the file storage changed color.
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Tom Tunguz
APRIL 28, 2022
That’s much more work than the automatic credit card payment with AWS. Perhaps this dynamic drives consolidation in the market, paralleling the web2 infrastructure hypermarts of AWS, GCP, and Azure. Migrate the database (blockchain) and the file system to ensure on-chain asset ownership survives the company.
Tom Tunguz
DECEMBER 18, 2019
Blockchain technology finds its second killer application. Look no further than AWS Re:Invent where Amazon announced an entire suite of Machine Learning tools that compete with nearly every player in the ecosystem in every level of the stack. The IPO market was open. BTC/USD prices are down 30% at least.
IT World
NOVEMBER 19, 2019
A cloud storage service first announced in 2015 that uses the decentralized, peer-to-peer architecture of blockchain to store encrypted data on the computers of users around the globe has unveiled its pricing model and production launch date. To read this article in full, please click here
IT World
APRIL 30, 2019
After nearly a year of testing, Amazon on Tuesday announced the general availability its Amazon Managed Blockchain , a fully managed service that makes it easy to create and manage scalable blockchain networks. To read this article in full, please click here
Tom Tunguz
SEPTEMBER 11, 2014
AWS has decreased prices for EC2, elastic compute cloud, and S3, simple storage service, 42 times in eight years. Without access to this computing power, the blockchain, which is the ledger of all Bitcoin accounts, could quickly be hacked and the currency destabilized. Cloud computing prices are hurtling to zero.
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