Nirvana Cloud Launches, Blockchain Alternative to AWS, Google Cloud

Nirvana Cloud Launches, Blockchain Alternative to AWS, Google Cloud featured

Los Angeles, California, Wednesday, March 20, 2024 –Nirvana Labs, a blockchain technology startup, has said that it has introduced Nirvana Cloud, a cloud computing service specifically designed for blockchain workloads. 1

This launch positions Nirvana Cloud as a competitor to established cloud giants like Amazon Web Services (AWS) and Google Cloud Platform (GCP), which dominate the broader cloud computing market.

 Nirvana Labs CEO Dan Burke revealed the company has secured $1.7 million in pre-seed funding and already counts blockchain platforms like Chainlink and Avalanche as clients.

While AWS and GCP offer a wide range of cloud services, Nirvana Cloud caters specifically to the growing demand for blockchain-optimized solutions.  

Public cloud services offered by AWS and Google Cloud enable users to purchase resources like servers and storage via the internet. 

This is often cost-effective as it eliminates companies needing to maintain their physical hardware.

Data from Ethernodes.org indicates that Amazon Web Services (AWS) hosts a significant portion of Ethereum nodes.

According to the website, 2,439 out of 6,810 Ethereum nodes, representing roughly 35%, are on AWS. Experts suggest a more balanced distribution is preferable, with no single provider exceeding 25% concentration.

Furthermore, the data shows that approximately 1,395 AWS-hosted nodes are located in a single data center in Ashburn, Virginia.

Sources
  1. Nirvana Cloud: https://twitter.com/nirvanalabsai/status/1765757458599813333[]
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