Akash is a token of the marketplace of cloud computing resources, designed to reduce losses, DeCloud for DeFi. The network token is used as a bidding mechanism to protect the network and normalize computational prices for a market auction.

Akash Network news today, AKT crypto latest news of coin ticker

Akash Network

Last night, Akash successfully upgraded to Mainnet 8.

This upgrade brings a set of important quality-of-life features to the network that will make it easier to create GPU deployments on Akash — especially as network usage grows.

Special thank you to all the Akash validators…

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The upgrade to Mainnet 8 brought greater GPU visibility to the network, which gives providers more flexibility during the bidding process.

For a brief overview of the specific changes to the newly structured bids — check out the latest blog post:
https://t.co/hdRAqWQddZ