Cointime

Download App
iOS & Android

Alibaba Cloud Expands to Support Validators and Infrastructure on Avalanche Public Blockchain

Validated Project

Alibaba Cloud, the largest cloud service provider in Asia Pacific, has expanded their line of infrastructure technology and intelligence tools to the Avalanche public blockchain, enabling users to launch validator nodes through the service and access computing, storage, and distribution resources through Alibaba Cloud’s suite of products in Asia.

Avalanche is an eco-friendly smart contract platform built for the scale of global finance. It features near-instant transaction finality, and a novel scaling technology that enables both institutions and individuals to build custom blockchains-as-a-service.

Avalanche developers looking to launch new Avalanche validators can do so easily with Alibaba Cloud’s plug-and-play infrastructure as a service (IaaS). Application developers can also add additional cloud infrastructure to support their app in times of peak demand to keep pace with user activity.

Established in 2009, Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, is Asia Pacific’s leading IaaS provider, according to Gartner. It provides a comprehensive suite of cloud computing services to customers worldwide, including elastic computing, database, storage, network virtualization, large-scale computing, security, management and application services.

Since launching in September 2020, Avalanche is one of the fastest organically growing ecosystems in digital assets. It now has over 1,000 projects building on the platform, including top-tier DeFi projects like Aave, Curve, BENQi, Sushi, and Chainlink, and enterprise applications for leaders like Deloitte and Lemonade.

The network is currently secured by more than 1,200 validators and processes on average two million transactions on a daily basis. Avalanche is breaking new all-time highs in user activity, including 133M aggregate transactions in Q3 2022, a +1,678% increase over Q3 2021.

To celebrate this integration, Alibaba Cloud is offering Avalanche developers credit towards any of their services. Alibaba Cloud’s special promotion page for Avalanche developers is live: https://www.alibabacloud.com/campaign/avalanche-partnership.

For more information on how to set an Avalanche node with Alibaba Cloud please read this blog: https://www.alibabacloud.com/blog/avax-naas-node-as-a-service-on-alibaba-cloud_599481?spm=a2c65.11461471.0.0.61786551L0HJ8E

Comments

All Comments

Recommended for you

  • US Spot Bitcoin ETF Sees Net Outflow of $124.25 Million Yesterday

    On April 9, according to monitoring by Trader T, the US spot Bitcoin ETF experienced a net outflow of $124.25 million yesterday.

  • US Spot Ethereum ETF Sees Net Inflow of $13.84 Million Yesterday

    On April 9, according to monitoring by Trader T, the US spot Ethereum ETF saw a net inflow of $13.84 million yesterday.

  • BTC Falls Below $71,000

    Market data shows that BTC has fallen below $71,000, currently priced at $70,997.18, with a 24-hour decline of 0.52%. The market is experiencing significant volatility, so please ensure proper risk management.

  • BTC Drops Below $71,000

    Market data shows that BTC has fallen below $71,000, currently priced at $70,989.94, with a 24-hour increase of 4.15%. The market is experiencing significant volatility, so please ensure proper risk management.

  • Ethereum Foundation Plans to Sell 5,000 ETH to Fund R&D, Grants, and Donations

    On April 8, the Ethereum Foundation announced on the X platform that it will exchange 5,000 ETH for stablecoins today using CoWSwap's TWAP feature, as part of its ongoing efforts to fund research and development, grants, and donations.

  • Iran to Charge Fees for Vessels Transiting the Strait of Hormuz, Payments Acceptable in Digital Currency

    According to market news, Hamid Hosseini, spokesperson for the Iranian Oil, Gas and Petrochemical Exporters Union, stated on Wednesday that during a two-week ceasefire, Iran will require vessels to pay a toll to transit the Strait of Hormuz. All goods will be allowed to pass, but the clearance procedures for each vessel will take time. Each tanker must first send the details of its cargo via email to be informed of the fees, which can be paid using digital currencies, including Bitcoin.

  • Polygon Labs in Talks to Raise $100 Million for Payment Business

    According to informed sources, blockchain developer Polygon Labs is in early discussions with investors to raise up to $100 million to build a new stablecoin payment business. Polygon serves as the underlying blockchain for the prediction market Polymarket and other crypto platforms. This fundraising effort comes at a time when the cryptocurrency market is sluggish, and for Polygon, expanding into new business areas will help it break free from the stagnation of the cryptocurrency market and achieve business diversification.

  • BTC Surpasses $72,000

    Market data shows that BTC has surpassed $72,000, currently priced at $72,003.73, with a 24-hour increase of 5.37%. The market is highly volatile, so please ensure proper risk management.

  • Trump: Discussing Tariffs and Sanctions with Iran, Uranium Enrichment to be Banned

    On April 8, Trump stated that the United States will work closely with Iran, asserting that a highly effective regime change has been identified in Iran. Uranium enrichment activities will be banned, and the U.S. will collaborate with Iran to excavate and remove all deeply buried nuclear 'dust' (dropped by B-2 bombers). These areas have been under extremely strict satellite surveillance (monitored by the Space Force) now and always. Since the day of the attack, nothing has been disturbed. We are and will continue to discuss tariff and sanction relief matters with Iran. Many items in the content from 3 PM have already been agreed upon.

  • Trump: US Can Easily Resume Military Action Against Iran if Negotiations Fail

    US President Trump stated on the 8th that if negotiations between the US and Iran do not go well, the US will be able to easily resume military actions against Iran. (Xinhua News Agency)