Blockchain is a decentralized system. It is secure, but the security comes at the cost of performance. The cloud is a centralized system. It offers high performance and significant data storage, but one shortcoming is the potential for trust abuse. As a fellow in the 2020 Cloud Computing Fellowship, Ivanov saw an opportunity to bring a long-term vision to life. He set out to create a system that combines the best features of blockchain and cloud computing, which he calls Blockumulus. Blockumulus, named by combining the words blockchain and cumulus, is a groundbreaking system that combines the security of blockchain with the high performance of the cloud. “Blockumulus allows us to preserve decentralization but make it much faster,” explains Ivanov.
Continue reading: https://msutoday.msu.edu/news/2022/combining-best-blockchain-cloud-computing
Continue reading: https://msutoday.msu.edu/news/2022/combining-best-blockchain-cloud-computing
