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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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10551134 No.10551134 [Reply] [Original]

hhhe.h..heeeeheheeehehehehe

>> No.10551143
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>>10551134
heheeehee..ehehheheeh....ehehhehehhhehehhhhhhhhhhhh :(:(:(:(:(

>> No.10551171
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>>10551134
hehehe. ha. (cough)

>> No.10551517
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It's going to enable off-chain processing for ETH, but their endgame is edge/fog computing. It's essentially next-gen cloud infrastructure, which by the way is being developed by iExec, IBM, Microsoft, Samsung, Intel and CISCO_FUCKING_SYSTEMS. Why is this huge? Well. 80% of the world's data is handled by Cisco routers and switches. Now iExec is working with all these behemoths side-by-side @ OpenFog consortium. If these guys want to push new tech, you'd be an absolute retard betting against them.

Imagine you're a datacenter. Now what does it cost to run it all? Literally hundreds of millions to build it and then some more to keep it running. Now imagine you could provide hosting and computing (Amazon Web Services, Netflix runs on it for example), without having to build a huge fucking datacenter. You just rent any goddamn hardware that is idling anywhere in the world to provide your service.

Now, you don't pay for infrastructure. So you cut your prices down. You become appealing to customers. You grow. You become the airBnB and Uber of data networks/service providing.

What do you need the tokens for, you might ask? Well let my autistic-as-fuck ass tell you.
It's to pay the hardware owners for computational cycles. Just like mining, but actually doing work and not wasting electricity for frivolous shit.

Oh, this sort of network model is also ABSOLUTELY CRUCIAL to IoT, since it kills all sorts of problems associated with latency and security. FUCK. This project makes my dick hard.