Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Sia - Decentralized Storage
by
Zer0Sum
on 03/10/2018, 17:29:37 UTC


Well, IMHO, IF they really did incorporate an ASIC hardware solution in their Siacoin Obelisk miners and the

Obelisk decred miners, I think they need to have that as an option in firmware for a new algo and coin

to take advantage of this. Ideally, that coin/token would be used to run the siacoin network and/or

allowing only Obelisk hardware to be the backbone from the get-go.

If not that, at least opening up this hardware to other algo options would be something.

Again, if that actually exists, as they state or it was just a 'false flag' attempt to slow Bitmain down

back in the day.

Likely, as much as the devs say the price of siacoin does not matter to their cloud storage project, the

probably are as heavily invested as everyone else. But again, IMHO, if they were ONLY a hardware

manufacturer, they would already have used that asic hardware option in firmware to try and develop

a different algo and encourage developers to use such on their coin

Anyway, decred miners are doomed, you'd think at least they would use such for the decred miner or at

least do what the innsilicon folk have done with their firmware to allow HCASH coin mining.

If nothing else, that seems to be a firmware fix the could do of note to make their obelisk decred

miner MAYBE float a bit longer, rather than sink. (not sure why I'm bothering got my 1 decred coming

for giving away my 5 1/2 off obelisk coupons back in the day...even that likely will not make over electric

use, by the time I get it..just saying) well, it looks dire....just my 2 satoshi's worth ..we will see I guess






https://blog.sia.tech/sia-proof-of-work-reset-24b5ec439625

Happy?

I know I am, if I won't have to read long rants anymore  Grin

I find the "rants" to be more informative than the pure astroturf you find on reddit Smiley

SC is worth owning just to read Vorick's blog...
But until I see a proper analysis of the ways Amazon would attack p2p storage if it ever hits 1-2% market share...
I'm going to assume that p2p storage is NOT commercially viable...
Except maybe as scratch pad for IoT devices or deep web mass storage.

https://www.computerworld.com/article/3250274/data-storage/blockchain-and-cryptocurrency-may-soon-underpin-cloud-storage.html

This is actually a decent article from a mainstream computer mag as opposed to boilerplate crypto hype...
You can see that Vorick is indeed targeting "cold storage" and/or the deep web's insatiable storage needs.