mimik Technical Report
Cloud Decentralization & the Trustless Revolution
By Fay Arjomandi on February 20, 2018
What trends drive the need for cloud decentralization? What is the mimik technology platform? How does mimik relate to the consensus-based trustless transactional revolution? What is the mimik exchange?
The complexity of managing software solutions made of many components in the past led to monolithic solutions. However, with the consumerization of on-demand IT, the advent of rich communication APIs, and light-weight virtual machines such a Docker & CoreOS, this complexity has been drastically reduced. As a result, today, most software is developed as a collection of many instances of single purpose, well-defined system components called microservices. The consequences of designing systems this way are….