Saturday, April 10, 2021

Ethereum (ETH) Launched On Amazon Managed Blockchain

Amazon Web Services (AWS) has announced the launch of Ethereum on Amazon Managed Blockchain.

The Purpose of this Launch

According to the report, the launch will enable Amazon Web Services (AWS) customers to easily create Ethereum nodes in a very short time and connect to the public Ethereum mainnet to test networks such as Rinkeby and Ropsten.

Read Also: Messari Analyst Says Institutional Investors Will Start Buying Ethereum (ETH) in 2021. Here Is Why

The report reads in part as follows:

“With Amazon Managed Blockchain, customers get secure networking, encryption at rest and transport, secure access to the network via standard open-source Ethereum APIs, fast and reliable syncs to the Ethereum blockchain, and durable elastic storage for ledger data.

“Amazon Managed Blockchain monitors node health, replaces unhealthy nodes, and automates Ethereum software upgrades, improving the availability of customers’ Ethereum infrastructure.”

What AWS Customers Stand To Enjoy Via This Launch

Aside from decentralized finance (DeFi) applications, AWS customers that are building analytical products such as tools that monitor smart contracts and fraud detective software can also leverage the Ethereum service on Amazon Managed Blockchain.

About Amazon Managed Blockchain

According to the report, Amazon Managed Blockchain is a service that allows interested users to join the public network using popular open-source frameworks.

Read Also: Someone Just Paid $38,500 worth of ETH on Ethereum Network in a Single Transaction

It eliminates the expenses required to create the network or join a public network. It also scales to serve thousands of applications that are powering millions of transactions.

The report added that AWS regions where Ethereum on Amazon Managed Blockchain can be accessed include US East (N. Virginia), Asia Pacific (Singapore), Asia Pacific (Tokyo), Asia Pacific (Seoul), Europe (Ireland), and Europe (London).


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Tobi Loba
Tobi-Loba is a creative and an award-winning writer with over 5 million readers from all over the world. She has B.A in English and Literature from a reputable University and currently studying for her M.A in the same field. She recently became a contributor at Herald Sheets in order to satisfy her thirst in reporting crypto and blockchain occurrences, the interest she built over the years.

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