Ethereum On Amazon Managed Blockchain Now Generally Available

You can now easily provision Ethereum nodes in minutes and connect to the public Ethereum main network.

Recently, AWS announced general availability of Ethereum on Amazon Managed Blockchain, which is a fully managed service that allows customers to join public networks or set up and manage scalable private networks using popular open-source frameworks.

Source: AWS

Well, Ethereum is one of the most popular decentralized blockchain framework, which establishes a peer-to-peer network allowing participants to transact without a trusted central authority. Ethereum is helpful in popular use cases like decentralized finance (DeFi), which is a network of financial applications built on top of blockchain networks. 

Decentralized finance (DeFi) is quite different from existing financial networks because it is open and programmable, and operates without a central authority. It offers new methods for payments, investing, lending and trading. 

According to AWS, when customers build these Ethereum-based applications, they find it difficult and time-consuming to operate and manage their Ethereum infrastructure. Some of the basic concerns include data reliability due to out-of-sync nodes, and data storage scaling challenges, as well as time-sensitive Ethereum software upgrades.

With the GA of Ethereum on Amazon Managed Blockchain, you can easily provision Ethereum nodes in minutes and connect to the public Ethereum main network and test networks including Rinkeby and Ropsten.  The platform provides you secure networking, encryption at rest and transport, and secure access to the network via standard open-source Ethereum APIs. It eliminates the overhead required to create the network or join a public network, as well as automatically scales to meet the demands of thousands of applications running millions of transactions.

The service is currently available in US East (N. Virginia), Asia Pacific (Singapore), Asia Pacific (Tokyo), Asia Pacific (Seoul), Europe (Ireland), and Europe (London).