Harnessing Unused Cloud Computing Power in Data Centres Worldwide to Power Decentralized Systems | HackerNoon

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Harnessing Unused Cloud Computing Power in Data Centres Worldwide to Power Decentralized Systems | HackerNoon
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Stanley Wu is the Co-founder and CTO of Ankr and a longtime engineer (formerly at AWS) and a computing student. - blockchain cloudcomputing

. Be it through direct compensation, media partnerships, or networking. The author has a vested interest in the company/ies mentioned in this story. HackerNoon has reviewed the report for quality, but the claims herein belong to the author. #DYORStanley Wu: Ankr’s job is to provide the underlying infrastructure that makes blockchain tech and Web3 work in the background.

Stanley Wu: One obstacle that is always persistent in Web3 is the difficulty in getting started with development on the new web. That’s why we go over the top with our developer documentation, tutorials, videos, and other educational materials to make sure any developer will be able to use our solutions if they have a base level of skills.

Stanley Wu: It will have an enormous impact on the internet and will likely be implemented in every decentralized use case that will emerge – gaming, social applications, NFT platforms, etc. As DeFi provides so many interconnected layers of incentives, it is already enticing traditional financial players to get involved as soon as possible.

Stanley Wu: Of course, DeFi will need some level of regulation in order to reach complete adoption. But there will probably always be levels to this – completely permissionless decentralized financial applications as well as compliant applications running on-chain. There have been too many times that DeFi founders have taken advantage of users or fallen short in their security practices, so having some oversight in abuse should be welcomed.

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