RE: Taking on the Giants - The IAGON Solution
I like it. The idea of decentralized cloud storage is well overdue. Now, if they can only keep up with the demand that such a thing could bring to its blockchain, or series of blockchains, will be interesting to see.
The fact that they use some of the unused computing power of individuals around the globe is at once intriguing, and troubling. Troubling in the sense that it sounds like your computer needs to be on 24/7, right? So, more wear and tear on the computer, even when you're not using it.
I just hope something like this doesn't ever turn evil because of all of the AI and other projects going on. :) Skynet kind of stuff. Also, i wonder what would happen if some kind of virus was introduced to the system. It would also seem to be an entry for taking over people's computers if they ever desired.
Guess I should stop watching sci-fi movies. :)
Haha for the entire time that I was researching and preparing this article I had the skynet thought playing through my brain. I really wanted to mention it somewhere in the article but didn't want to make it sound tacky.
I'm currently looking into whether or not I should purchase a server to leave running in my house for this type of thing. Leaving my laptop running 24/7 isn't really an option, and I'd like to contribute more than a couple of gig to a project like this.
If the returns on "mining" are decent enough, I'll absolutely buy a server to leave running. And if it turns to shit I can at least turn the server into a masternode for some other coin.
It's a cool project, and I stumbled on a similar project this morning called Akash. I don't know much about them yet but they seem to be worth looking into.
Okay. It's comforting to know that I'm not the only one thinking Skynet and so forth. :) It probably would have been tacky for you to mention it in the post. I feel kind of tacky for bringing it up in the comments.
I like the idea of the server. Give it its own local network, that sort of thing. Smart thinking too, about switching over to some other coin and running a node if this particular venture doesn't pan out. STEEM could always use another witness, and they seem to be working on things to make the point of entry and ongoing upkeep better than it's been previously.
Laptops are amazing now, but I don't even like to run mine as much as I do, and I always turn it off at night.
Akash? What's that? They keep popping up, don't they?
I think the whole witness voting thing would frustrate me. It seems that it takes months to get to a reasonable position in the witness rankings and then the money you make is only minimal. Acting as a masternode seems to be a more profitable strategy, but leasing space and processing power could also be really good if IAGON do good things.
Akash is another up and coming coin that is essentially doing the blockchain cloud storage thing. I only heard of them for the first time today.
Oh, I'd be surprised if there wasn't some level of frustration with being witness, all the way around. I'm not up to it myself. You would have to crack the Top 50, I believe, before you started to turn a profit of some kind. I think lower than that is where your potential covering of costs begins, depending on how you're set up.
Anyway, just a thought.
These other ideas sound promising, too. Never know unless you try, right?
Okay. I'll look up Akash to see what it's all about.