Microsoft along with partners, amazon & others interested to build on blockchain

[mining1]

So, they are interested to build on ethereum public blockchain. I assume it makes sense for giants like amazon.

http://www.coindesk.com/microsoft-unveils-project-manifest-a-plan-for-product-tracking-via-blockchain/

[1714938225]

1714938225

[shyliar]

You've stated that this is to be built on the public chain. Yet article specifically states:

"While customer data pertaining to identity and cost will likely always remain cryptographically secured behind the permissioned implementation of the ethereum blockchain"

That's very clear that this would be built on a private chain. It does mention creating a public chain for customer tracking at some point; but, doesn't mention the public token ETH at all.

The Ethereum platform is being tested along with a multitude of other platforms utilizing private chains, in various businesses. That's what makes it interesting. The insistence by individuals to post news stories and claim it's about ETH when it's clearly not, is only misleading.

[mining1]

Interoperability will link these permissioned versioned to public ethereum. That is why EEA's development goal is to keep all this compatible with the public ethereum version. Maintain compatibility with public Ethereum and Public chain compatibility https://www.infoq.com/news/2017/03/Enterprise-Ethereum-Vision

Ofcourse, not every application of blockchain technology will need to be deployed to the public chain or be interoperable with it. But most will have to for their own benefit, one way or another.

For example this one is deployed on the public chain, not sure if it's stated in this specific article, but it was confirmed somewhere on twitter as i recall https://germanylandofinnovation.com/2016/10/19/german-company-rwe-is-using-ethereum-to-test-blockchain-car-charging/

And yes, these projects won't be only compatible with ethereum but with any fork of ethereum, like expanse, etc, krypton, and so on. But there's no reason to deploy contracts of such scale on these projects instead of ethereum for a few reasons:

1. Network effect
2. Ethereum will always be the most advanced version. Clones struggle to apply the development made into ethereum because their devs are not skilful enough ( the reason they work on clones in the first place )
3. With time, the technological difference between ethereum and the clones will increase, for the reason above. They won't keep up. For example, etc hardforked to remove the time bomb and increase the total supply to 230mil tokens because they are not capable enough to follow ethereum's roadmap ( deceiving investors by doing this ). By doing this they doubled the theoretical token limit AFTER they cheerleaded an "immutable" blockchain. But they weren't capable of removing the negative effects of the DDOS attack in the fall last year.

[shyliar]

You do understand that a public chain for tracking can be created at anytime with the Ethereum platform? This would be a unique chain created for that purpose and made public. Even the permissioned chain (which is obviously private) is labeled the "ethereum blockchain" in this article. The author likely considers any chain built with the Ethereum Platform to be an "ethereum blockchain".

Yes, I find the news about the charging of electric cars in germany very interesting (not sure what that has to do with your claim that the article this thread is based on is about ETH the public chain). I've read numerous news stories regarding this announcement (including twitter).

Network effect has nothing at all to do with a private chain. The primary use of all these platforms will likely be on private chains with a closed group of permissioned holders representing various businesses that require a common ledger for tracking. If you want to pretend that companies like IBM (Bluemix Blockchain) or chain have unskilled developers feel free. I'll continue to consider them highly skilled and continue to pay attention to those platforms (and others).

The point is that using an article about a private chain to promote the token ETH is common place on these forums. It's unfortunate because it's detrimental to cryptocurrency in general. If you had specifically stated the article was about the Ethereum Platform and not falsely suggest it has something to do with the public token ETH I wouldn't have commented.

[mining1]

You do understand that a public chain for tracking can be created at anytime with the Ethereum platform? This would be a unique chain created for that purpose and made public.

With 0 or almost 0 network effects ? Won't work, what you said is just stupid. It can only work if it's private and it's used internally, with no connections to end users.

Yes, I find the news about the charging of electric cars in germany very interesting (not sure what that has to do with your claim that the article this thread is based on is about ETH the public chain)

It is on public chain, i was expecting you to waste 2 minutes to research a bit

http://www.trustnodes.com/2017/04/29/germanys-energy-giant-launches-100s-ethereum-based-electric-cars-charging-stations
http://www.financemagnates.com/cryptocurrency/innovation/forget-about-oil-your-next-car-will-run-on-ethereum/

Network effect has nothing at all to do with a private chain

Yes, if it's a private chain doesn't matter. If it's used internally by a company it's not needed, although it would still have to be somewhat decentralized inside it to not be vulnerable against power surges LOL.

P.S : https://www.reddit.com/r/ethereum/comments/68n6lq/charged_a_bmw_i3_at_a_blockchainified_sharecharge/
       https://twitter.com/CarstenStoecker/status/857709019666018304

[mining1]

I assume you still don't believe it's on the public chain, because you poured money into "digital gold" which is a "store of value", and that's all it has going for itself. Soon to be "gold to ethereum's diamond"

[shyliar]

Not much point in continuing.

[Ayers]

i'm tired of them just choosing to build stuff in the blockchain, and ignore bitcoin adoption, i'm looking at you amazon, you should already accept bitcoin what they are waiitng for? bitcoin is skyrocketing and accepted everywhere the last one not accepting it is amazon, and with amazon btcoin could quickly reach the moon

[mining1]

That is the problem @ayers, even if they accept bitcoin it wouldn't do much good, except for speculation purposes, because it is not used as peer to peer electronic cash, as defined by the whitepaper. Not to mention it is already clogged.
Plus, public cryptocurrencies that aim to become widely adopted currencies won't be more than a niche project. Amazon, ebay, and other giants will use blockchains to smoothen their distribution chain, cut the costs, etc.

[Spoetnik]

You've stated that this is to be built on the public chain. Yet article specifically states:

"While customer data pertaining to identity and cost will likely always remain cryptographically secured behind the permissioned implementation of the ethereum blockchain"

That's very clear that this would be built on a private chain. It does mention creating a public chain for customer tracking at some point; but, doesn't mention the public token ETH at all.

The Ethereum platform is being tested along with a multitude of other platforms utilizing private chains, in various businesses. That's what makes it interesting. The insistence by individuals to post news stories and claim it's about ETH when it's clearly not, is only misleading.

It's "IBM is using ETH" all over again then.

By the way Microsoft are idiots.
They have done damn near squat in 20 years.
Your talking about a company of failure run by inept millennials who sling bullshit at the wall hoping something.. anything.. sticks.

All i heard way back was, "Microsoft was USING Ethereum"
And then ?
Paid your Azure bill fucking assholes ? 

OP here is a scammy fucking piece of shit like his bum buddy with a similar name.
Those two idiots refuse to give up on their ICO scheme coin.
Dem ETH bags must be heavy