Ethereum's decentralized blockchain is now live and compatible with Amazon's managed blockchain network, the Amazon Managed Blockchain.
In a publication recent, issued by Amazon Web Services (AWS),the cloud computing service giant announced integration and support for Ethereum, the blockchain par excellence for building blockchain-based financial applications, such as decentralized applications (dApps), decentralized finance (DeFi) and smart contracts (smart contracts), within its Amazon Managed Blockchain services. With the arrival of Ethereum to this service, AWS users and customers will be able to configure Ethereum nodes to join the public Ethereum mainnet quickly and easily.
The integration of Ethereum into this network was announced more than 2 years ago, in 2018, when it first revealed its plans to dive into the world of technology blockchain. By then, Amazon’s cloud computing arm AWS claimed that its customers would soon be able to design, build, and operate their own blockchain networks on Amazon’s cloud, using industry-leading blockchains such as Hyperledger Fabric and Ethereum. However, while Hyperledger’s blockchain was integrated into the Amazon Managed Blockchain in 2019, Ethereum has only just made its arrival.
It may interest you: Ethereum 2.0, almost $6 billion in staking and preparing for its first hard fork
Endless possibilities in AWS
Amazon Web Services (AWS) notes that the integration of a powerful network like Ethereum into the Amazon blockchain allows customers to have easy access to the main network of this blockchain, which in many cases can present a technical challenge in terms of the initial and complete synchronization of its nodes.
Amazon Managed Blockchain enables AWS customers to easily provision Ethereum nodes in minutes, connect to the public Ethereum mainnet, and test networks like Rinkeby y ropsten, AWS notes in the statement. Rinkeby and Ropsten are Ethereum testnets that serve as gateways to the Ethereum mainchain, allowing users to connect to the network without needing a full node.
On the other hand, AWS explains that the integration of this blockchain makes it possible for customers to enjoy completely secure networks, to have reliable access to the Amazon network through the open source Ethereum APIs, to be able to synchronize their nodes quickly and reliably with the Ethereum blockchain, and also to have flexible and durable storage for their data in the network's ledger.
Amazon Managed Blockchain also offers constant control and monitoring of node health to replace nodes that are down or experiencing connection failures. Additionally, Amazon’s blockchain enables automated Ethereum software updates to improve the availability of customers’ Ethereum infrastructure. Customers and developers looking to build products and tools for analytics, smart contract monitoring, and fraud detection software can also benefit from this integration, enjoying scalable and highly available software.
New capabilities for everyone
AWS explains that the new capabilities offered by the official integration of Ethereum to the Amazon Managed Blockchain were previously available to US AWS customers located in certain areas of the country; but now, with the official launch, AWS customers around the world will be able to make use of these capabilities, especially customers located in Asia, Europe, and the Pacific.
Mike Godsey, product manager for Ethereum development suite Infura, notes that the arrival of Ethereum on the Amazon-run blockchain is an extremely positive event for the industry, which will undoubtedly expand the base of developers using the technology.
More than 11.000 nodes distributed around the world
Ethereum is the most important and widely used blockchain network for the development of a large number of decentralized digital applications, and also the second blockchain and cryptocurrency by market capitalization, worth more than 184.370 billion dollars in capitalization.
To the date, EtherNodes shows that this network has more than 11.120 connected nodes distributed throughout the world, where more than 85% are using the client known as Geth, or also called Go Ethereum. This is about 1.100 more nodes than the network Bitcoin, which has about 10.023 nodes connected at the time of writing this article, according to the data shown BitNodes.
At press time, Ethereum (ETH) is valued at $1.600 USD per unit.
Continue reading: Ethereum's EIP-1559 may be the key to ending high Gas fees
