• Wed. Feb 21st, 2024

Amazon Extends Blockchain Management Service To Polygon: Here’s Why

Steve Kornacki

BySteve Kornacki

Nov 29, 2023

Exploring Blockchain Technology

Amazon Web Services (AWS), a dominant player in cloud computing, has been active in the cryptocurrency and blockchain industry. According to ethernodes.org, AWS hosts a significant portion of Ethereum nodes (approximately 32%).

However, Amazon’s involvement in the cryptosphere goes beyond this notable example. One of its key offerings, Amazon Managed Blockchain (AMB) Access, makes it easier to create blockchains.

Initially focused on Ethereum, this service’s scope has been broadened to include the Polygon blockchain. AWS aims to simplify developing decentralized applications (DApps) on the Polygon network.

To understand the significance of this development for Polygon, it’s necessary to first learn about the AMB Access service. Amazon’s AMB Access service allows developers to build and manage blockchains without the complexities often associated with such endeavors.

Its expansion to include Polygon implies a broader scope for developers interested in leveraging this blockchain’s unique features. This initiative allows a wider range of DApps to flourish within the Polygon ecosystem.

Amazon’s AMB Access Service Explained

Creating and implementing Web3 applications can take time and effort, especially for developers with limited resources. The costs of running nodes, extracting blockchain data, and developing Application Programming Interfaces (APIs) can be prohibitively expensive.

Thus, Amazon Web Services (AWS) launched AMB Access to enable developers to interact with supported blockchains. This service lowers the cost and complexity of developing blockchain applications, making Web3 more accessible to a broader range of developers.

Initially, AMB Access was only available for the Bitcoin and Ethereum networks. However, due to popular demand, AWS extended the service to the Polygon mainnet and Mumbai testnet earlier this week.

Without specialized blockchain infrastructure, developers can utilize standard remote procedure calls (RPCs) to connect digital assets and distributed protocols created on numerous platforms. AMB Access is a fully managed service that reduces the overhead costs associated with accessing public blockchain networks (Bitcoin, Ethereum, Polygon mainnet, and Mumbai testnet) and creating or managing private Hyperledger Fabric networks.

Developers can use AMB’s simple APIs to create centralized or distributed applications for digital assets and to analyze blockchain data and activities.

Benefits Of AMB Access On Polygon

Observers believe AMB Access will significantly benefit the Polygon network, attracting developers to explore its offerings. Taking advantage of Polygon’s fast transaction processing and low fee structure has made blockchain-based solutions more accessible and affordable for developers.

AWS emphasizes that AMB Access provides developers with accelerated product deployment, automated scalability, and dependable infrastructure, simplifying their development processes. Meanwhile, Polygon Labs reports that there are several ongoing projects using AMB Access within the Polygon ecosystem.

They include Magic, a wallet-as-a-service provider; Mystic Moose, an independent game developer; and Oasis Pro, a blockchain infrastructure specialist. This partnership promises new ventures and advancements within Polygon’s network.

Developers can now use AMB Access’s seamless integration to speed up their projects by leveraging the network’s inherent strengths in scalability and efficiency.

Steve Kornacki

Steve Kornacki

Steve Kornacki, a respected author at Big Trends Signals, uses his deep online trading acumen to create comprehensive guides and balanced reviews, empowering traders in their digital pursuits.

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