Topic: BTC was first bottom up experiment. Is ETH first top down planned by banks? - page 2. (Read 1194 times)
February 28, 2016, 11:17:25 AM
If you were a bank planning smart contracts why the hell would you expose your fuel to a bunch of miners and scumbag traders on alt exchanges? You'd remove all of that from the equation. I guess that's the whole point of R3.
February 28, 2016, 10:41:45 AM
Big banks (an other big corps like GE, car industry) might use the ETH project just for sake of getting a cheap live proof if smart contracts (on PoS) might work or not. How other they could gather any proper information on if this might work at all? So they just 'fuel' this a bit for a given time and some limited money in the open source world, also find some little nice pseudo use cases like slockit, identity, ?.. And later, they will just fork / copy the code for some closed intra company use. This stuff here again proofs, the big ones will not go on public ledgers in near time:
http://www.coindesk.com/imagining-the-role-of-blockchain-in-financial-services/
So is the initial public ICO just a faik and now we see some big coprs pumping for a time, because initially this was planned top down? Big live experiment?
http://www.coindesk.com/imagining-the-role-of-blockchain-in-financial-services/
So is the initial public ICO just a faik and now we see some big coprs pumping for a time, because initially this was planned top down? Big live experiment?
Jump to: