I'm curious about the technology behind Akash. Specifically, I want to know which blockchain Akash utilizes for its operations.
7 answers
Chiara
Tue Oct 15 2024
The Akash Network stands as a pioneering endeavor, constructed upon the robust foundation of Cosmo, a Proof-of-Stake (PoS) blockchain architecture. Cosmo's primary objective revolves around tackling the twin challenges of scalability and interoperability, thereby revolutionizing the blockchain landscape.
Martina
Tue Oct 15 2024
Among its numerous accolades, Akash Network boasts of an unparalleled advantage in terms of cost-efficiency. It offers a groundbreaking gas fee of merely $0.01, a stark contrast to the often exorbitant costs associated with other Layer 1 (L1) blockchains.
ShintoMystical
Tue Oct 15 2024
This minimalistic gas fee underscores Akash Network's commitment to democratizing blockchain access, making it more inclusive and affordable for a diverse range of users.
NebulaChaser
Tue Oct 15 2024
Furthermore, Akash Network's transaction speed is nothing short of impressive, clocking in at a blistering 500 milliseconds. This swiftness is a testament to the platform's ability to handle high volumes of transactions with remarkable efficiency and speed.
Lorenzo
Mon Oct 14 2024
The combination of low gas fees and lightning-fast transactions sets Akash Network apart from its competitors, positioning it as a prime choice for those seeking reliable and cost-effective blockchain solutions.