31–40 of 45 posts
You lost me at "blockchain".
At least, they didn't mention ML.
I have no clue what the company really did, but I clearly remember the sales person there showing me a flow chart printed on a pillow.
So this appears to be a distributed network of random people's devices, and the 'blockchain' aspect is entirely unrelated to the actually useful parts of how the tech works. It's just how people are paid for contributing their devices to the network? Am I missing anything? Are the non-blockchain parts of this actually interesting?
I was curious about their claims regarding confidential computing so I checked out their Github organization ( https://github.com/edge ), but it seems there's very little activity there and there's not a single reference to Intel SGX (the enclave they claim to use). So I'm a bit skeptical about their claims. SGX is also not a general-purpose technology and can only run highly specialized code, to my knowledge there's…
Most blockchain projects are just an excuse to list a related crypto. It doesn’t even appear that the underlying distributed computer network has anything to do with blockchain.
I think the blockchain acts a transparency ledger among a distributed set of distrusting participants. Think: if PirateBay could pay you to seed magnet-links all the while knowing for sure you've not tampered with the the amount of bandwidth you've claimed to have lent, and the network then rewarding (paying) you the equivalent amount that you're owed for your troubles. "Blockchain" enables that.
The ICOs are akin to companies filing for IPOs. The ICOs don't strictly need speculation (because the utility of their network ideally would have an inherent, demonstrable value that dictates the price of the network's coin), but they do need the market to trade their coins, because that's how anyone participating in the network would be able to convert their rewards into fiat. (note: at this point, we're essentially reinventing Ehtereum, the super computer, as originally envisioned...)
You could aruge that many of these networks could avoid doing ICOs and simply use one of the existing cross-chain coins from Cosmos, Algorand, Polkadot (or even stable coins like USDC, Diem, Celo, BUSD, DAI etc), but it is the summer of crypto, and everyone's got to do an ICO.
From my rudimentary understanding (i.e., what I've just read on the homepage) I don't know how "blockchain" fits into this, but I could make a guess that api signatures are "blockchain verified"? From that same rudimentary understanding, I would also expect performance to be comparable to Tor.
This is like pied piper from Silicon Valley series! The new internet.
Looking at the pricing page, this seems to be almost as expensive as AWS/GCP, while having unknown performance characteristics of random people's devices and network connections. Not sure why I would pay for this instead...
Looking at the pricing page, this seems to be almost as expensive as AWS/GCP, while having unknown performance characteristics of random people's devices and network connections. Not sure why I would pay for this instead...
What happened when utility tokens first appeared in 2017-2018 is that speculators drove the price of the tokens way above the value of the services they purported to offer, so even if they did offer a genuinely useful service (which most/all didn't) then it simply wouldn't have been cost effective to use them for their intended purpose.
They are part of this new trend of platform calling themselves Application Delivery Network, wherein stateless (either containerized or microvm-ed) services are deployed closed to consumer.
That spaces is getting hyper-competitive and crowded. These guys are trying to differentiate themselves by calling themselves blockchain-powered network. To be honest, you do not have to be blockchain powered, it might just work against you as you might have to cross certain thresholds to serve content reliably. I rather prefer services and content delivered by datacenters that are certified and has some security standards than random devices in the network, unless they can somehow guarantee some standards on the devices.
Some day, people will start treating their compute, everywhere as rentable commodity, and the price will go to almost zero. CPU + storage + network costs will go to zero, the "edge" will be everywhere, and organizing hosting and launching websites will never be the same. Maybe we'll even get a better federated services out of all of it (if you get people comfortable with leasing their capital, maybe they get comforta…