Topic: IBM VP "We are forking Ethereum" - page 2. (Read 4109 times)
Does anyone know if the Etherium guys are going to stagger their releasing of the source code? In other words, will IBM be able to make a full fork that contains all the same features?
It looks more like IBM could end up creating something like Maidsafe..
IBM's blockchain would probably still resemble a coin as how else are they going to pay people to host their decentralized servers?
IBM's blockchain would probably still resemble a coin as how else are they going to pay people to host their decentralized servers?
Sounds good. Decentralization of servers is a real thing and its going down ASAP.
Satoshi's blockchain invention is more important than actual Bitcoin itself. Decentralization of programming and decentralizing servers = cost saving mechanism.
True Bitcoin's cost saving mechanism is like $680 million a year but I think this can be tweaked to made cheaper. Alternatively, especially for larger companies like IBM, $680 million might still be cheaper than their current operating expenses. IBM has an operating expense in the tens of billions and blockchain technology from Bitcoin or Ethereum can likely drive that number down.
True Bitcoin's cost saving mechanism is like $680 million a year but I think this can be tweaked to made cheaper. Alternatively, especially for larger companies like IBM, $680 million might still be cheaper than their current operating expenses. IBM has an operating expense in the tens of billions and blockchain technology from Bitcoin or Ethereum can likely drive that number down.
That doesn't mean IBM is making their own cryptocurrency. IBM is probably forking it for their "internet of things" blockchain.
Yes, that is what they are doing.
That doesn't mean IBM is making their own cryptocurrency. IBM is probably forking it for their "internet of things" blockchain.
What if they produce something before the completed Ethereum client is available? Could they steal Ethereum's thunder?
I'm also wondering whether this is good for Etheruem or if the fork will overshadow the original too much. The Adept prototype ready in January won't be publicly available though, just for demonsrating at trade shows like CES. Overall I'm think at the moment that this will be good for Etheruem.
What if they produce something before the completed Ethereum client is available? Could they steal Ethereum's thunder?
Woah, awesome. Prototype ready for January too, that's pretty quick.
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