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Amazon's Boost to Propel Solana in the Crypto Space!

Thu 02 Nov 2023 ▪ 4 min of reading ▪ by Mikaia A.
Getting informed Blockchain

Amazon, through Amazon Web Services, known as ‘the most comprehensive and widely adopted cloud platform in the world,’ is showing strong commitment to accelerating the development of Solana. By hosting nodes of this blockchain on its network, AWS aims to provide faster transaction speeds and lower fees for users and professionals. Let’s delve into the details!

Blockchain vector, Solana and AWS logos

Historic alliance between Solana and Amazon Web Services for more innovations

The partnership with the e-commerce giant Amazon has already brought excitement to the crypto space. Take, for instance, Ripple, the issuer of the XRP token, which engaged with Amazon’s cloud or remote computing branch in mid-August 2023. This initiative allowed Ripple to leverage the power of AWS technology to enhance its services, such as xVia.

“We are thrilled to see Solana blockchain nodes available for deployment on AWS to harness the best of their blockchain workloads and increase accessibility to innovative cloud-native technologies like decentralized web.”

In a recent release on the official website of the SOL crypto issuer, the swift deployment of Solana nodes on AWS was announced during Breakpoint 2023. This collaboration with Amazon complements Solana’s other innovations such as Google BigQuery and Immaculate Vives.

Continuing the thread on Twitter, Solana highlighted the benefits of this integration with AWS.

“Now, companies and projects can swiftly and easily deploy RPC nodes and start enjoying Solana’s throughput at an enterprise scale with reduced fees.”

Regarding the deployment of these blockchain nodes in open source, this responsibility falls under Blockchain Node Runners. This enables companies to deploy Solana validators with the following commands:

  • Consensus nodes;
  • Basic RPC nodes (with zero secondary indexes);
  • Zxtended RPC nodes (including all secondary indexes).

What advantages does AWS cloud offer? The integration of nodes in the cloud notably facilitates the use of multiple nodes by traditional finance companies (TradFi) or Web3 native projects. Especially beneficial for less financially equipped crypto players or those lacking adequate infrastructure. The contribution of Blockchain Node Runner is a privilege extended to Ethereum and Solana dApp developers.

Crypto Companies and Cloud Computing

According to Amazon, cloud computing is advantageous for businesses, whether from the crypto sphere or other sectors. This provision of ‘computing resources on demand over the internet’ relieves them from the purchase, ownership, and management of physical servers and data centers while accessing Amazon Web Services’ technological offerings. (Source: Amazon’s official website)

It’s noteworthy that cloud computing service providers like Google, Alibaba are currently showing increased interest in blockchain, the metaverse, and cryptocurrencies. This demonstrates that nobody wants to miss out on the potential of these emerging technologies.

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Mikaia A. avatar
Mikaia A.

La révolution blockchain et crypto est en marche ! Et le jour où les impacts se feront ressentir sur l’économie la plus vulnérable de ce Monde, contre toute espérance, je dirai que j’y étais pour quelque chose

DISCLAIMER

The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.