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I guess you'd say the same thing about open source cloud computing? Crypto is an evolution of that, after all.
by jsutton 5y ago
I guess you'd say the same thing about open source cloud computing? Crypto is an evolution of that, after all.
- lpcvoid 5y agoI seriously fail to see the relationship here. Please explain?
- leesalminen 5y agoUsing Ethereum as an example, the code is open source. The Ethereum Virtual Machine is a cloud computer. As in, when you execute code on the EVM it is executing on someone else's computer for a per-use price. Hence, "open source cloud computing". At least that's what I think the parent is getting at. I would agree it's a bit of an obtuse analogy and doesn't necessarily apply to all of crypto as a whole.
- WalterSear 5y agoDue to the massive redundancy and waste involved, the entire EVM performs less useful computation than one of AWS's smallest EC2 instance types; less than a current Raspberry Pi attached to a 100 gig SSD. In practical terms, the machine I'm writing this on is closer to cloud computing than the EVM is.
- leesalminen 5y ago> Due to the massive redundancy and waste involved, the entire EVM performs less useful computation than one of AWS's smallest EC2 instance types; less than a current Raspberry Pi attached to a 100 gig SSD. Ok, yes, that's fair. That doesn't totally negate the analogy, though. It just shows that it's a potentially inferior solution. > In practical terms, the machine I'm writing this on is closer to cloud computing than the EVM is. I think what the parent was getting at is the whole "cloud == someone else's computer" trope. Without knowing more details about the computer you're using to post on HN it's impossible to know but I think it's pretty likely you own the computer you're currently using. You wouldn't be using your employer's computer for non-work purposes, right? ;)
- __alexs 5y agoI don't think causality really works like that, even the Bible for this one right. "The son shall not suffer for the iniquity of the father, nor the father suffer for the iniquity of the son."
- zucker42 5y agoIt's like cloud computing if any code I wanted to run ran redundantly and simultaneously on all of AWS's computers and I had to share those computers with the rest of world in a competitive bidding process.