Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

Coinbase Cloud

coinbase.com

Post reply on HN
Print view View original

41–50 of 176 posts

Re: Coinbase Cloud

#41

Post by programmarchy »

teruakohatu wrote: post #6

Didn't Microsoft Azure's blockchain platform fail? It was shutdown earlier this month [1]. How is this different and/or better? [1] https://www.siliconrepublic.com/enterprise/microsoft-azure-b...

I think Microsoft and others like IBM failed to “get it”. They tried to adopt blockchain tech without the cryptocurrency aspect, failing to realize there needs to be a built-in incentive structure for people to participate on any blockchain network. Mining, staking, and other proof / reward systems are required for any blockchain tech to get off the ground.

Re: Coinbase Cloud

#44

Post by arthurcolle »

kleinsch wrote: post #39
arthurcolle wrote: post #26

Earlier quoted context omitted.

I was a pre-sale investor in Ethereum, have been in Bitcoin since it was Next up, Coinbase NFT verification services (Sotheby's of the future!). My sides are sore.

You bought some crypto currencies early, congrats. None of those statements demonstrate purchasing power for a cloud product…

> None of those statements demonstrate purchasing power for a cloud product…

What does this even mean? Are you trying to say I don't have enough money for the offering? Maybe so :)

I am indicting Coinbase for what they are - their lack of support, lack of useful options even for well-moneyed players in the market, lack of useful crypto products. Their API is fine, but that is standard.

And now they want to be the new Infura/Alchemy? I mean, why? They already don't provide a great product. My Uber driver yesterday was asking me if they should buy Avalanche after I casually mentioned crypto. Yeah, democratizing finance for sure.

Use it if you want, you seem axed on the product. Hope it works out for you!

Re: Coinbase Cloud

#45

Post by z0xz0xz0x »

arthurcolle wrote: post #17
knownjorbist wrote: post #15

Earlier quoted context omitted.

Don't we already know it wasn't actually a breach?

If all your customers get sim swapped because you offered 2FA over SMS then it's your fault as a service provider.

"all" customers? Or do you mean 6,000 out of 60m +?

Re: Coinbase Cloud

#46

Post by sillysaurusx »

I raised $2,200 in donations thanks to Coinbase making it easy for people to donate crypto. It sounds like they want to do the same for every aspect of a business. There’s probably a lot of value in that.

Re: Coinbase Cloud

#49

Post by arthurcolle »

JohnJamesRambo wrote: post #37
arthurcolle wrote: post #17

Earlier quoted context omitted.

If all your customers get sim swapped because you offered 2FA over SMS then it's your fault as a service provider.

If that is the net you are casting that is going to be a very wide net. SMS 2fa isn’t great but there are lots of places that use it.

They should all be liable for damages if anything bad happens as a result of account misappropriation IMO

Re: Coinbase Cloud

#50

Post by exdsq »

kleinsch wrote: post #39
arthurcolle wrote: post #26

Earlier quoted context omitted.

I was a pre-sale investor in Ethereum, have been in Bitcoin since it was Next up, Coinbase NFT verification services (Sotheby's of the future!). My sides are sore.

You bought some crypto currencies early, congrats. None of those statements demonstrate purchasing power for a cloud product…

To be fair an early investor in Bitcoin and Ethereum from pre-2015 could have the same ‘spending power’ as a successful IPO founder, which isn’t trivial!
Post reply on HN