Topic: ETH now available on Amazon Managed Blockchain! (Read 193 times)

Isnt before its AWS already can be used for creating Ethereum nodes like another server provider?
I think its just an upgrade which you can create instant node by a simple setting because its already supported by AWS, not a great news.

I remember when Paypal received bitcoin last October (iirc), and it didn't have much effect on the bitcoin price even if we know Paypal has more functions than Amazon.

I don't think the ETH case will make any difference. What I understand from this news, Amazon only makes use of the ETH blockchain in its platform. I don't know technically whether this will impact the traffic congestion of eth mainnet later on.

It's AWS!
A very known company and really into technology. This is a very good integration with ETHs API and ETH blockchain.

Maybe just as the same with how much they ask for the pay what you use.

I'm not really sure if this is enough to bring ETH to $2k again, but definitely this is a welcome news. I think for ETH to reach $2k, bitcoin will have to go to $60k as we all know that bitcoin's spike could bring altcoins together. Unfortunately, bitcoin can't break that $52k barrier, it's a big wall in front of bitcoin investors. So we will have to wait though to see whether $2k or even more will be breach this time around.

I think this is a breakthrough that is very appropriate for ETH, because the by getting the support and trust of the Amazon Managed Blockchain, it will further boost the value of ETH after the market correction ends, and our hope is the transaction value of the fee or ETH gas can decrease again,

I remember when Paypal received bitcoin last October (iirc), and it didn't have much effect on the bitcoin price even if we know Paypal has more functions than Amazon.
I don't think the ETH case will make any difference. What I understand from this news, Amazon only makes use of the ETH blockchain in its platform. I don't know technically whether this will impact the traffic congestion of eth mainnet later on.

We hope that this is important news for all of us that ETH will now be adopted by the big company AMAZON.
We have full expectation of the new CEO to fully integrate this means that this supports crypto even further after news like this, hearing things like this is usually always a pump because investors are more confident in what the frog said.

Regarding the price that will return to $ 2000 might happen and this will be a solution for us where crypto will grow faster than other assets that have been long.

Let crypto fly higher with lots of positive news.

This is totally a good news from the ETH family cause after Jeff Bezos steps down as Amazon CEO when Andy Jassy become the CEO I except Amazon to totally integrate crypto currency because Andy seems to have good intentions toward crypto while Jeff doesnt like crypto. In the meantime, ETH will go to the moon because of this news.

https://cointelegraph.com/news/ethereum-now-available-on-amazon-managed-blockchain

Will ETH back to $2000 or even more after this?

Now, I'm waiting when Lambo! Just wonder how much Amazon charge for this service? Any thoughts?

According to Amazon Web Services, or AWS, users now have the ability to “provision Ethereum nodes” and connect to the blockchain’s mainnet in addition to the Ropsten and Rinkeby testnets through the Amazon Managed Blockchain. The program claims to offer secure access to the network with “standard open-source Ethereum APIs” and sync to the Ethereum blockchain.

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

AWS first launched its Amazon Managed Blockchain in April 2019, saying at the time customers would be able to set up blockchain networks within their organizations and use the Ethereum and Hyperledger open-source frameworks. The service claimed it could eliminate the need "to provision hardware, install software, create and manage certificates for access control, and configure network settings."

The move comes exactly one month following Jeff Bezos announcing he would be stepping down as Amazon CEO in the third quarter of 2021. He will be replaced by Andy Jassy, who is currently the CEO of Amazon Web Services and oversaw the company’s crypto product offerings.