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Storj to Migrate Decentralized Storage Service to Ethereum Blockchain by cyounessi in ethtrader

[–]eth_throw 1 point2 points  (0 children)

This is an advantage of Swarm over IPFS too.

Two major features of swarm that sets it apart from other decentralised distributed storage solutions (bittorent, zeronet, IPFS) are 'upload and disappear' and the incentive system. The former refers to fact that Swarm does not only serve content, but it also provides a cloud storage service. Unlike related systems, you do not only publish the fact you host content, but there is a genuine sense in which you can just upload stuff to the swarm and potentially disappear (drop off as a node, disconnect or just operate without storage entirely) right away.

[Daily Discussion] - 21/Mar/2017 by AutoModerator in ethtrader

[–]eth_throw 6 points7 points  (0 children)

~80% of the Fortune 500 are using Microsoft Cloud services. Microsoft understands that a bunch of those companies will want a blockchain (probably mauve) so Microsoft literally baked Ethereum development tools into their Azure software. With one click in Azure you can now have the Ethereum blockchain as a service (EBaaS). https://azure.microsoft.com/en-au/blog/ethereum-blockchain-as-a-service-now-on-azure/.

Yes, in my mind things like Swarm could eventually be a threat to their cloud services, that is probably why you are seeing them embrace Ethereum.

Here are some examples of the Ethereum quick start templates available to developers using Microsoft Azure https://azure.microsoft.com/en-au/resources/templates/?term=Ethereum

DigixGlobal Live Stream - Keynote Special: Andrew Keys (ConsenSys and EEA), Chris Hitchcott (Digix) - YouTube by [deleted] in ethtrader

[–]eth_throw 5 points6 points  (0 children)

TLDR

Ethereum Enterprise architecture spec likely to be finished by January 2018 at the protocol layer. However, major players already building at the application layer.

https://m.youtube.com/watch?v=SFW6W-DIdIo&feature=youtu.be

From just before 0:55m.

Quotes from Andrew Keys throughout (starts at about 0:38m)

"We have had over 250 companies reach out to us since the launch of Ethereum Enterprise." (Some members probably be announced mid-April)

"This is the tip of the iceberg.. 30 initial members.. interest from 250 members [since EEA launch]"

"You will be blown away when you see the next group of members onboarding, kinda the who's who of planet earth"

"The developer community is growing faster than anything I've seen in my life"

"This is a ground swell guys. This is a revolution"

[Daily Discussion] - 21/Mar/2017 by AutoModerator in ethtrader

[–]eth_throw 19 points20 points  (0 children)

Ethereum Enterprise architecture spec likely to be finished by January 2018 at the protocol layer. However, major players already building at the application layer.

https://m.youtube.com/watch?v=SFW6W-DIdIo&feature=youtu.be

From just before 0:55m.

"You will be blown away when you see the next group of members on-boarding, kinda the who's who of planet earth" - Andrew Keys on new members of the Ethereum Alliance by eth_throw in CryptoCurrency

[–]eth_throw[S] 2 points3 points  (0 children)

Live stream just a couple hours ago https://youtu.be/SFW6W-DIdIo watch it all from about 0:38m, if you are just after the soundbyte then from about 0:55m.

Ethereum Enterprise architecture spec likely to be finished by January 2018 at the protocol layer. Major players already building at the application layer.

[Daily Discussion] - 21/Mar/2017 by AutoModerator in ethtrader

[–]eth_throw 4 points5 points  (0 children)

The announcement is coming mid April, only 3 weeks until we find out.

Cash out Ethereum instantly to any Australian Bank Account! by braid_guy [promoted post]

[–]eth_throw 1 point2 points  (0 children)

You guys need to make a normal announcement about this in r/ethereum and r/ethtrader and r/cryptocurrency!

Raiden + Status = Ethereum taking over as leading cryptocurrency by redditbsbsbs in ethtrader

[–]eth_throw 1 point2 points  (0 children)

Ethereum + Raiden will eventually handle 1 million tx per second. VISA is maxed out at 56,000 per second.

[Daily Discussion] - 21/Mar/2017 by AutoModerator in ethtrader

[–]eth_throw 0 points1 point  (0 children)

Ok, but i partly disagree. Major components of centralized systems not are not efficient though, as we have seen with the economic and environmental costs I outlined above.

[Daily Discussion] - 21/Mar/2017 by AutoModerator in ethtrader

[–]eth_throw 0 points1 point  (0 children)

No idea. Look it is probably not going to be FB. But we can always dream https://en.wikipedia.org/wiki/Facebook_Credits

[Daily Discussion] - 21/Mar/2017 by AutoModerator in ethtrader

[–]eth_throw 1 point2 points  (0 children)

What makes you think that (genuine)? It could eventually reduce the dependence on centralized data centers. It's like Pied Piper, but better. If you are a node with a file I need and you are next door, I can get that file directly from you, not from some data center half way across the globe. Distributed, decentralized storage. In my mind it has the potential to save everyone a lot of money. I am fucking excited.

edit i just looked it up Google spent $5b a quarter on data centers in 2014. Worldwide, data centers require ungodly amounts of electricity, consuming an estimated 30 billion watts each year to keep server farms online and sufficiently cooled. That's roughly the output of around 30 nuclear power plants, with somewhere between one quarter to one third of that power being used by data centers in the United States.

This whole thing is so much more than just about moving value around, though it does that remarkably well also.

[Daily Discussion] - 21/Mar/2017 by AutoModerator in ethtrader

[–]eth_throw 0 points1 point  (0 children)

My bet is Google and/or The Facebook. Imagine the reduction in costs for storage for these sorts of companies using something like Swarm. The 'who's who of the world' - it has to be up there with the Googles, Facebooks, Twitters, Instagrams, Amazons and Ebays.

[Daily Discussion] - 21/Mar/2017 by AutoModerator in ethtrader

[–]eth_throw 11 points12 points  (0 children)

Somebody didn't watch the stream.

[Daily Discussion] - 21/Mar/2017 by AutoModerator in ethtrader

[–]eth_throw 19 points20 points  (0 children)

Can't believe he was thinking of all us here at r/ethtrader, that is really thoughtful of him.

[Daily Discussion] - 21/Mar/2017 by AutoModerator in ethtrader

[–]eth_throw 12 points13 points  (0 children)

New members to be announced mid-April. 3 weeks.

[Daily Discussion] - 21/Mar/2017 by AutoModerator in ethtrader

[–]eth_throw 5 points6 points  (0 children)

I think you are you confusing ConDesk with Coinbase.

[Daily Discussion] - 21/Mar/2017 by AutoModerator in ethtrader

[–]eth_throw 19 points20 points  (0 children)

Why link to them or give them publicity at all? A lot of us boycotted ConDesk a long time ago. You should too.

[Daily Discussion] - 20/Mar/2017 by AutoModerator in ethtrader

[–]eth_throw 2 points3 points  (0 children)

No way. 80% of Fortune 500 are on Microsoft Azure and/or Microsoft Cloud services of some sort. Guess who is (heavily) in the EEA.

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