Amazon Web Services (AWS) has announced the general availability of Ethereum blockchain on its Amazon Managed Blockchain service, a fully managed service for creating and managing blockchain networks.
Amazon Web Services (AWS), the cloud computing platform by American multinational technology company Amazon, announced the news in a blog post on Tuesday, March 2nd. With the availability of Ethereum on Amazon Managed Blockchain, AWS users can now set up Ethereum nodes and join the public Ethereum main network in addition to the Ropsten and Rinkeby testnets.
Amazon Managed Blockchain is a fully managed service to create scalable blockchain resources and networks quickly and efficiently using the AWS Management Console, the AWS CLI, or the Managed Blockchain SDK, eliminating the overhead required to create the network or join a public network, and automatically scales to meet the demands of thousands of applications running millions of transactions.
AWS first launched its Amazon Managed Blockchain in April 2019, claiming that it would eliminate the need to provision hardware, install software, create and manage certificates for access control, and configure network settings.
According to Etherscan, there are 8,357 Ethereum nodes currently on the Ethereum network. According to AWS, building Ethereum-based applications is complicated and time-consuming due to issues like “out-of-sync nodes, data storage scaling challenges, node crashes due to brittle open-source software, and time-sensitive Ethereum software upgrades.”
For Ethereum, AWS promises “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.” The AWS blog post reads:
“Amazon Managed Blockchain monitors node health, replaces unhealthy nodes, and automates Ethereum software upgrades, improving the availability of customers’ Ethereum infrastructure. In addition to DeFi applications, customers building analytical products such as smart contract monitoring tools and fraud detection software can also benefit from this scalable, highly available, and fully managed Ethereum service on Amazon Managed Blockchain.”
The service is initially available in AWS regions that include US East (N. Virginia), Asia Pacific (Singapore), Asia Pacific (Tokyo), Asia Pacific (Seoul), Europe (Ireland), and Europe (London).
According to the community, this is a valuable addition to the Ethereum ecosystem that will expand the developer base and add value to Ethereum for modern applications.
In addition to Ethereum, Managed Blockchain also supports Hyperledger Fabric, a permissioned blockchain platform for applications that require stringent privacy and permission controls with a known set of members.
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