Topic: [2016-11-03] Microsoft Doubles Down on ETH (Read 896 times)

"Microsoft will soon enter the next phase of its blockchain work with the formal launch of its Ethereum Consortium Blockchain Network.

If successful, Microsoft hopes the project will help entire industries work together to more easily build increasingly complex consortia that better leverage the network effects of shared, immutable ledgers.

As such, a major point of emphasis for the Ethereum Consortium Blockchain Network will be usability. The product has been designed so that groups of companies can deploy a private ethereum network with a single click.

Released privately to Github earlier this month, the streamlined set-up process and new features are part of a larger push by Microsoft toward blockchain that has to date focused mostly on its Azure cloud product as well as the enterprise business market.

Microsoft Azure's principal blockchain architect, Marley Gray, ‎told CoinDesk:

"We're focused on building a sandbox for developers, working with customers and partners to develop and test combinations of technologies, and ultimately, helping collections of customers select the right tools that solve specific business problems."

In addition to the one-click deployment, the update includes five new tools the project's manager said are specifically designed to let consortia networks develop more complex smart contracts for any number of self-executing business applications.

Microsoft senior program manager Christine Avanessians highlighted one change that lets groups spin up consortia with as few as three nodes run from a single IP address.

While the service still enables geographically dispersed nodes via the cloud integration, the changes could make it easier for companies to test the efficiencies potentially created from an alternative set up.

Perhaps most importantly though, based on customer feedback on an earlier version, Avanessians said the Ethereum Consortium Blockchain Network automatically creates user private keys to satisfy security requirements.

Avanessians told CoinDesk:

"You no longer need to generate and provide a private key. The key is automatically generated from your provided passphrase, further simplifying the prerequisites."

On the market for markets

This new incarnation of Microsoft's Ethereum Consortium Blockchain Network is just the latest development in what is shaping up to be a competitive blockchain-as-a-service (BaaS) industry.

Microsoft's biggest direct competitor for cloud-based BaaS services so far is IBM, which launched its own competing service in July. But startups are trying their hand at winning enterprise business as well.

Deloitte spin-off Nuco, for example, entered the market earlier this year specifically to offer services for building blockchain consortia.

In May, Microsoft Azure's chief technical officer told CoinDesk the company's overall goal for its own version of the service is to help global industries build blockchain consortia.

So far, most blockchain consortia have come from the financial sector, but Microsoft believes future industries will follow suit.

Already, blockchain consortia are springing up around the world, with efforts in China, Japan and Russia all announced in the last few months.

Dollar bills

While financial numbers on the burgeoning industry are tough to come by, one indicator of the revenue at stake can be found in Microsoft’s BaaS sandbox, which boasts products from a wide range of blockchain startups.

Monthly fees on the platform start with a base amount per virtual machine as low as about $14 and as high as about $90. The price increases based on the number of IP addresses ($2.98 per month) and the number of transactions conducted ($0.0036 per unit).

Support options range from a free introductory offer up to $1,000 per month for professional grade support.

Initially, the improved Ethereum Consortium Blockchain Network is available as part of a free trial to anyone. However, Gray says the long-term play is to charge users to host the network in the Microsoft Azure cloud computing environment.

Currently, Microsoft isn’t sharing the names of the companies building with the network, but Gray said that the company does already have customers using the service with more details to come."

if this is important to you then other 2 dozen other altcoins that microsoft had "doubled down on" before ETH should also be important to you and think those coins have a future also because microsoft has been doing this for awhile with different altcoins some of them even shitcoins.

Ethereum collaboration with Microsoft it is possible to create application using the block chain application and this is planned long back and coindesk is the only one releasing all the news regarding Ethereum ,i dont see any update from any other source or validation regarding all this. If true we could see more ICOs and scams

Hmm my pic i posted earlier is not showing up and when i load tinypic.com it doesn't work.
I thought staff might have blacklisted my jpeg at first LOL
whatever..

The thing to remember about Azure is they are interested in collecting your monthly hosting service fee's
You keep paying the hosting bills they are likely willing to let you do what ever kind of wonky crypto bullshit you want.

Hey Fraudcache..
Try paying your Azure bill with ETH coins .. after all you said it's currency right ?  

You also said it would be worth $100 per coin right after the DAO attack too
You have about 5 months left i think for that prediction to come true.  

Want a laugh ?
Go search Polonibox for "Microsoft is using ETH / Ethereum"
Need more? do that for IBM and Big Banks too

Windows 8 en 10 are crap of shit

Still use windos 7 i will never update!!

this literary means Nothing.

the article is about windows azure and them adding a platform related to ethereum means nothing because windows azure platforms are open source and it has been adding any altcoin to the github page of theirs for some time. sometimes it even seems like the altcoin doesn't even have to meet any criteria since they have added some crappier ones too.

I'm amazed how many fucking times I've seen Azure compatability as "Microsoft endorsing X".

If you're trying to determine whether or not a large corporation invested in a crypto or not, here's what to ask yourself:

Did the company allegedly invest in Bitcoin
If you answer No, you're referring to a shitcoin.
If you answer Yes, you're referring to Bitcoin.

Companies don't invest in shitcoins, and if you hear a company invests in Bitcoin it's too late to cash in on the price surge.

Basically rumors don't mean shit.

They found another bug in Windows too i read the other day.. Google announced it.

Right now they had to announce Windows 10 adoption is on the decline i read in a news story.
People do not give a shit about the massive amount of 3D bullshit they are flogging either.
And i all i ever hear is how their Windows phone crap is getting decimated.

Most recent MS news shows they are competing with Slack now..
Once again they are way late to the game competing with the king of the genre.

I am banned from Neowin.net of course for criticizing MS back when Windows 8 came out.
But i still do go there and see the comments.. and i see people posting what i think all the time.
One guy said the other day that they basically throw shit at the wall and see what sticks.
The MS company has turned into some crazy experimental heap of bullshit..
..then they cancel the project.. one after another.
They love starting hair brain crack head schemes ..they just don't like finishing them.

They went off the rails long ago and i lost ALL respect i had for them.
MS is a garbage company that has 0 to offer me.
Fucking hell i just logged into my email on Outlook.com and what do i see ?
I noticed the other day they changed the login page yet AGAIN..
It looks more and more over time like a cell phone app.
Which the change in login procedure broke my auto login from my password manager.. Password Depot.
NOW i have to fiddle around a lot more to get logged in on each visit.

Like look at this stupid ass bullshit picture..



What ? they can't detect i am on a PC running Firefox ? Really ?
Notice all the blank space ? WTF ?
The service had gotten worse over the years bit by bit.
They also added this "focused" view bullshit which just was more irritating gay bullshit to get on my nerves.
And of course all this wacky ass bullshit changes they pull is NON-optional.
SO they add and remove weird ass crap all the time giving the users a tug on the leash all the time.
I really can't stand them or any product or service they have.
Windows 7 was the end of Microsoft as far as i am concerned.
Retards use Windows 10 sorry but come on.. how can you defend that slop of crap ?

I go on forever with all the stupid crap they pull.. Microsoft is dead inept company full of bullshit millennial idiots who have no clue where they are steering the MS ship.. aimlessly bumping into new directions only to say whoops we are doing things different now !

I'd love it if someone just put MS out of it's misery.. it's tough watching a once great mighty company toil in the dumpster.

Ethereum + Microsoft is match made in heaven.. fuck 'em both !  

They found another bug in ethereum's smart contract's programming system. The most controversial fix proposed for future bugs discovered is making the contracts upgradeable so that owners can change them after they start running.

First they said the whole point of smart contracts was that they couldn't be changed, and now there are so many bugs they are discussing making them upgradeable. Those buggy smart contracts remind me of the bsods you get on windows.

http://www.coindesk.com/ethereum-bug-sends-smart-contracts-back-drawing-board/

Windows is as broken as Ethereum - they're making a good couple.

Eth will drag Microsoft down with it. They'll loose the edge in this tech to other companies the way they are operating in the space.

Good time to short Microsoft? They're clearly incompetent. Probably grown too big to have good management and decision making. They'll shrink themselves in no time.

No scammer fraud.

They offer hosting services and permit you to do what ever you want with it.
This means virtually nothing as i told you when you guys pulled this Azure bullshit over a year ago.
Lying your ass off saying Microsoft was "USING" Ethereum the ICO scam coin.

What is Azure ?
If you guys don't now then Google it.. BEFORE spending your life savings on scammy ICO scheme coin "fuel tokens"

The OP here is a deceptive fraud most likely paid to loiter here spewing bullshit.
He only showed up during the great ETH manipulation around JAN 2016..
Before that he was not here.. and since he has done nothing but spam on about his scam coin ICO "bags" he admitted to holding.. as he said "going long on ETH"

Did i or did i not already warn you your sleazy antics and scammy shenanigans are detrimental to your cause ?
And did i not point out how your one line shady comment plus obligatory link has become a laughing stock cliche around here ?

Are you actually trying to appeal to peoples intelligence with this same old tired Ethereum spam crap ?
Because i don't see how it's going to be effective for the desired result your after.

The ONLY thing the crowd wants to hear is.. Will ETH be getting super pumped to over $20 a coin AGAIN ?
If not they really don't give much of a fuck anymore FraudCache.

Hey.. i tried to help you  

if i wasn't sure before, i am sure now that coindesk is benefiting from ethereum's pumps and probably are holding large amounts of it or getting paid by the foundation.

i say this specifically because of the timing of publishing this particular article (which is after the big dump of ethereum) while the project has been going on for a while! also other things that i have been seeing

ETH has big real world supporters and Microsoft are investing more and more into ETH.

 http://www.coindesk.com/microsoft-launching-new-ethereum-blockchain-product/