Wow.. cool. While I like the whole blockchain concept, its decentralized and an uncontrolled medium there still is one overwhelming problem. The key. Not to mention as much as we think it won't be cracked, it will be. Eventually technology will catch up with processing fast enough to crack it. Quantum computers, heck even dna based computers can start to make their appearance in society making the currency unsafe to use. Bitcoin is only as strong as the mysterious person who has the original key ( Satoshi Nakamoto ) (Who the NSA has admitted they've identified via online signature or may even have been NSA!). Whoever has that key can decrypt anything.
Therefore while having blockchain part of a cloud storage is really cool. It ultimately will not be as secure as you think. Its more secure than what is out there already! But I'm still hoping they develop some new form of blockchain that is a bit more evolved. -- Steven Kenney Network Operations Manager WaveDirect Telecommunications http://www.wavedirect.net (519)737-WAVE (9283) From: "justsumname ." <unixday...@gmail.com> To: "af" <af@af.afmug.com> Sent: Thursday, April 30, 2020 8:12:37 PM Subject: [AFMUG] OT: some good news! If you are skeptical of 'cryptocurrencies' ( like I am ) but find blockchain technology very compelling ( like I do ), then you might find this interesting. No I don't work for the company. Yes I own some of their 'coin'. (which is more like a utility token and not much like a currency) Siacoin is not a cryptocurrency in the pop-culture-get-rich-quick sense, but all blockchains have a token. If you want to buy storage space on their cloud storage system, you need siacoins, the Sia token. [ https://www.startpage.com/do/dsearch?query=twitter+siacoin&cat=web&pl=opensearch&language=english | https://www.startpage.com/do/dsearch?query=twitter+siacoin&cat=web&pl=opensearch&language=english ] Many questions have been asked and answered. Over and over. This is a functioning 'crypto' -coin with a real use case and will never be squashed by any govt because it does not compete with any govt. Very impressed with this gang of developers. We can go back to COVID-19 is gonna kill us all. -- -- AF mailing list AF@af.afmug.com http://af.afmug.com/mailman/listinfo/af_af.afmug.com
-- AF mailing list AF@af.afmug.com http://af.afmug.com/mailman/listinfo/af_af.afmug.com
