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For what it's worth, I could not be more excited about Siacoin. I think both it and Filecoin are, along with the nascent self-sovereign identity providers, the
by ericflo 9y ago
For what it's worth, I could not be more excited about Siacoin. I think both it and Filecoin are, along with the nascent self-sovereign identity providers, the most important projects in the tech industry right now.
- nickonline 9y agoDistributed storage is pretty neat definitely On your second point self-sovereign IDPs are not going to become a thing, it's a huge chicken and egg problem, consumers don't care because there's no merchants on board and as a result merchants don't care. The only real option is to extend out from something that already exists, has a large customer base, and that you true to be secure. That way you solve for the chicken and only need to make an egg. It could be social media (FB, LinkedIn, Insta, SNAP), private (teleco, bank, ISP) or gov but the point is ou already need that critical mass as identity is a secondary benefit to a consumer (at least right now).
- ericflo 9y agoI think we’re about to see a whole new class of browsers and app platforms emerge in order to exchange small amounts of cryptocurrencies for incremental services on the internet. It will start with ideologues who believe in a distributed internet or whatever, but what will quickly happen is people will learn the value of their personal digital output and monetizing ones own data will become the driving incentive for adoption.