{"id":36990,"date":"2022-12-03T12:42:09","date_gmt":"2022-12-03T12:42:09","guid":{"rendered":"http:\/\/egrowonline.com\/?p=36990"},"modified":"2022-12-03T12:42:09","modified_gmt":"2022-12-03T12:42:09","slug":"avalanche-to-power-alibaba-clouds-infrastructure-services-in-asia","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=36990","title":{"rendered":"Avalanche to power Alibaba Cloud&#8217;s infrastructure services in Asia"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div data-v-471f9776=\"\">\n<p>Alibaba Cloud, a.k.a Aliyun, a subset of Chinese e-commerce giant Alibaba, announced an integration with Avalanche blockchain to power the company\u2019s Node-as-a-Service initiatives.\u00a0<\/p>\n<p>Avalanche\u2019s partnership with Alibaba Cloud will see the development of tools that enable users to launch validator nodes on Avalanche&#8217;s public blockchain platform in Asia. The integration will allow Avalanche developers to use Alibaba Cloud\u2019s plug-and-play infrastructure as a service to launch new validators. <\/p>\n<p>Developers expecting high resource demands during peak hours can also tap into additional resources \u2014 computing, storage, and distribution \u2014 offered by Alibaba Cloud. <\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">APAC&#8217;s largest cloud service provider, Alibaba Cloud, has expanded support for <a target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/Avalanche?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"noopener\">#Avalanche<\/a>!<\/p>\n<p>This integration enables developers to easily launch their own validator nodes, with access to <a target=\"_blank\" href=\"https:\/\/twitter.com\/alibaba_cloud?ref_src=twsrc%5Etfw\" rel=\"noopener\">@alibaba_cloud<\/a>&#8216;s plug-and-play infrastructure and suite of products.<a target=\"_blank\" href=\"https:\/\/t.co\/MlXTOYuJgG\" rel=\"noopener\">https:\/\/t.co\/MlXTOYuJgG<\/a><\/p>\n<p>\u2014 Avalanche  (@avalancheavax) <a target=\"_blank\" href=\"https:\/\/twitter.com\/avalancheavax\/status\/1598693617539108864?ref_src=twsrc%5Etfw\" rel=\"noopener\">December 2, 2022<\/a><\/p><\/blockquote>\n<p>According to the announcement, Avalanche hosts over 1,200 validators and processes roughly 2 million daily transactions. The scale of the partnership is massive, considering that Alibaba Cloud stands as the largest Asian cloud service provider in the Asia-Pacific region. <\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2022-12\/6b669f4a-07f2-4680-9e2b-6f1c5388723c.png\" \/><figcaption style=\"text-align: center\"><em>Steps to integrate Avalanche with Alibaba Cloud. Source: Alibaba Cloud\u00a0<\/em><\/figcaption><\/figure>\n<p>As part of the integration, Alibaba Cloud ran a special promotion by offering Avalanche developers credit toward any of their services. Avalanche currently powers over 1,000 projects, including <a target=\"_blank\" href=\"https:\/\/cointelegraph.com\/defi-101\/defi-a-comprehensive-guide-to-decentralized-finance\" data-amp=\"https:\/\/cointelegraph-com.cdn.ampproject.org\/c\/s\/cointelegraph.com\/defi-101\/defi-a-comprehensive-guide-to-decentralized-finance\/amp\" rel=\"noopener\">decentralized finance (DeFi)<\/a> ecosystems such as Aave (<a target=\"_blank\" href=\"https:\/\/cointelegraph.com\/aave-price-index\" rel=\"noopener\">AAVE<\/a>), Curve, BENQi, Sushi, and Chainlink (<a target=\"_blank\" href=\"https:\/\/cointelegraph.com\/chainlink-price-index\" rel=\"noopener\">LINK<\/a>).<\/p>\n<p><strong><em>Related: <\/em><\/strong><a target=\"_blank\" href=\"https:\/\/cointelegraph.com\/news\/alibaba-to-ban-crypto-miner-sales-amid-chinese-crackdown\" data-amp=\"https:\/\/cointelegraph-com.cdn.ampproject.org\/c\/s\/cointelegraph.com\/news\/alibaba-to-ban-crypto-miner-sales-amid-chinese-crackdown\/amp\" rel=\"noopener\"><strong><em>Alibaba to ban crypto miner sales amid Chinese crackdown<\/em><\/strong><\/a><\/p>\n<p>Chinese venture capitalist Bo Shen, a general partner of the Vitalik Buterin-advised venture capital fund Fenbushi Capital, claimed to have lost $42 million from his Trust Wallet. <\/p>\n<p>Shen confirmed that the drained funds belonged to him and was not related to Fenbushi Capital:<\/p>\n<p>\u201cThe incident has been reported to the local law enforcement. FBI and lawyers both have been involved. Civilization and justice will eventually prevail over barbarism and evil. This is the iron law of human society. It\u2019s just a matter of time.\u201d<\/p>\n<p>Blockchain analytics firm SlowMist later verified Shen\u2019s loss of funds while confirming no security issues from Trust Wallet\u2019s end.<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/cointelegraph.com\/news\/avalanche-to-power-alibaba-cloud-s-infrastructure-services-in-asia\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Alibaba Cloud, a.k.a Aliyun, a subset of Chinese e-commerce giant Alibaba, announced an integration with Avalanche blockchain to power the company\u2019s Node-as-a-Service initiatives.\u00a0 Avalanche\u2019s partnership with Alibaba Cloud will see the development of tools that enable users to launch validator nodes on Avalanche&#8217;s public blockchain platform in Asia. The integration will allow Avalanche developers to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":36991,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[38],"tags":[12638,601,939,12639,1019,1152,1665],"class_list":["post-36990","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain","tag-alibaba","tag-asia","tag-avalanche","tag-clouds","tag-infrastructure","tag-power","tag-services"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2022\/12\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMTIvZDkzNWVjZGQtYTNiMS00OGFiLWFhZmItMjQzYTA5OWU4OTc1LmpwZw.jpg","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/36990","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=36990"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/36990\/revisions"}],"predecessor-version":[{"id":36992,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/36990\/revisions\/36992"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/36991"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=36990"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=36990"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=36990"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}