Content Delivery Networks Enter The Blockchain Space By Cryptovest

One of Wall Street's biggest bulls raises S&P 500 target to a consensus high

Content Delivery Networks Enter The Blockchain Space

Published Jun 19, 2018 03:27PM ET Updated Jun 19, 2018 03:40PM ET

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Content Delivery Networks Enter The Blockchain Space

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Running a content delivery network could be quite cumbersome, but what about doing so in a blockchain-like environment?

It makes sense: Most CDNs are already distributed, but not necessarily decentralized. By decentralizing asset delivery, websites no longer would have to depend on one single entity for the supporting infrastructure behind their content.

On Tuesday, DADI—a startup that provides several types of decentralized cloud services—launched DADI CDN, the first such product to run on its cloud network.

“We’re excited to bring DADI CDN to the decentralized cloud network which will give CDN customers a better performance and significantly lower total cost of ownership. We’ve made the pricing transparent and provided developers enhanced tools to ensure that DADI CDN can demonstrably outperform the competitive set,” said Joseph Denne, CEO.

Following the CDN’s announcement, DADI’s value experienced a 6.83% rise in its USD price and a 3.55% rise relative to BTC, finishing at a market value of $0.14, or 2160 satoshis.

DADI’s blockchain-based cloud services might also address the issue of hackers abusing cloud services to mine cryptocurrencies, as they did to Tesla’s Amazon (NASDAQ:AMZN) Web Services cloud servers.

Because the propagation of cloud storage happens through a decentralized network as opposed to a centralized service, one could envision potentially building in a couple of fail-safes that would stop attacks in their tracks before changes are broadcast to the network of servers.

DADI’s goals may already be ambitious, considering how many different types of cloud services they are willing to offer with an impressive amount of scale. However, it is also in the position to add provisions to its software that help prevent infrastructure-related attacks.

If it manages to pursue this in the future, it would be one of the few solutions that makes use of consensus to ensure the smooth operation of its distributed infrastructure.

This article appeared first on Cryptovest

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Content Delivery Networks Enter The Blockchain Space

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