Blockchain Cloud – The Future of Web Apps
If compared to the traditional cloud, Blockchain cloud is a very thin and lightweight cloud computing infrastructure. Undeniably, it is more suitable to run the new breed of thin programs that are business logic executed on the Blockchain’s Virtual Machinery (VM). Unsurprisingly, the name Virtual Machinery derives from the traditional could computing nomenclature. But in this case it is a network of decentralized computers bound together through the internet to execute Blockchain rules i.e. to execute the logic behind the Blockchain software code.
VM is proving to be far better than the traditional cloud computing methods we are using today. Suppose you are using the services of a cloud based service provider such as Amazon, you are required to pay the charges based on time, storage, computing speed required and data transfer rate. The more you opt for, the more you have to pay. Hence, the service provider has to manage his servers and because of all the cost he has to bear, he charges you accordingly. On the other hand, when you run VM, you pay to run the business logic and not for the servers because they are managed by other users who benefit on their part for metering the crowd sourced infrastructure.
Although the new technology seems too appealing to adopt too quickly, but there is a challenging part to run applications on it. The challenging part is to adhere to a new paradigm of decentralized apps that follow the web3 architecture to operate specifically on the Blockchain. Using third party software as a primary example a 3-tier web3 architecture includes 1) an advanced web browser as the client 2) the Blockchain ledger as the common source 3) a virtual network of computers that run smart business logic programs in a decentralized manner clearing transactions. It is the future direction of cryptography based decentralized computing system which is the variation of the current web apps architecture that run JavaScript on browsers and server side codes running on the company’s servers.