With all do respect, "connect corporate IT to Ethereum" is the most depressing thing I've read all day. Enjoy socialism for the rich.
Re:Ethereum on Amazon Managed Blockchain
by CyberDildonics on Thursday March 04, 2021 @03:09PM
(#26347536)
You seem to be very pro bitcoin, why is ethereum depressing and "socialism for the rich" at all, let alone compared to other crypto currencies?
(also the term is 'all due respect')
Re:Ethereum on Amazon Managed Blockchain
by cyphertruck on Wednesday March 03, 2021 @06:06PM
(#26336119)
Not your node, not your blockchain. Already Ethereum is centralized because there is no independent network of nodes that can do a full sync from scratch. It depends on a company hosting its servers on amazon (separate from this service) to sync.
This just adds to the centralization.
A node hosted by Amazon cannot fulfill the most basic promise of a blockchain. Censorship resistance.
And that’s why you should have read Nicks article.
Re:Ethereum on Amazon Managed Blockchain
by DennisP on Wednesday March 03, 2021 @06:50PM
(#26336582)
If they're not producing blocks, then this does not give Amazon any censorship capability. The only thing they could do is refuse to send their own customer's transaction to the network, which of course would result in losing that customer.
Even if they did produce blocks, they'd be just another miner among many unless they got to 51%.
Re:Ethereum on Amazon Managed Blockchain
by rglullis on Wednesday March 03, 2021 @08:40PM
(#26337509)
BTC maxi FUD detected...
I have a dappnode running under my desk that is running a full-node (minus mining) and didn't require anything special to sync beyond a large-ish SSD.
If Amazon goes down tomorrow and takes Infura with it, I will continue to interact with the blockchain. So, tell me exactly what you are going on about?
I.e. it's an easy way to connect your corporate IT to Ethereum, without having to keep up with software updates or send transactions through some third-party API.