Colleagues, the global
cryptosphere is rigorously debating the security of the Siacoin Distributed Storage Protocol
(aka the Siacoin Blockchain). More security translates into higher trust and
integrity of the platform … right? The answer depends on which segment of the
crypto ecosystem you ask. The new security code would fork Siacoin and in turn
disabling mining products offered by Bitmain
and Innosilicon. At
press time we are waiting for Nvidia
and AMD
to weigh-in on this matter. Both companies have seen demand for their mining ASICs slow during
H1 2018. So what is the end goal? Some would say driving increased capacity
around the world to create a data storage marketplace that is more reliable and
lower cost than traditional cloud storage providers. Our view is that this inevitable
debate represents just one more growing pain as cryptocurrencies and their
underlying Blockchains mature. The issue will get resolved and yes there will
be winners and losers. More to come. Share your thoughts today! Lawrence – Cryptocurrency
Academy (https://cryptocurrencyacademy.blogspot.com/)
Our mission is to provide Training and Certification programs to enable Cryptocurrency, Blockchain and FinTech traders and investors worldwide to achieve their career goals.
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