Akash Network is a PoS blockchain that offers a decentralized open-source cloud platform with fast, efficient, and less expensive application deployments. Akash is IBC compatible and connected to the Cosmos ecosystem. As a Decentralized Cloud (DeCloud) solution, Akash is maintained by a set of elected validators and is permissionless and censorship-resistant.
Akash works like a decentralized marketplace connecting those who need computing resources with those with the computing capacity to lease. As 85% of the world’s cloud capacity is considered to be underutilized, the opportunity created by Akash is massive.