[Noisebridge-discuss] Crypto currency commoditizing computer hardware?

Dan Cote terminationshok at gmail.com
Thu Apr 3 23:20:46 UTC 2014

I saw this company mentioned in Rainbow mansion's event feed. It appears
that you would be able to pay for small blocks of compute resources on a
distributed network using crypto-currency.
That sounds attractive, but what is this product actually? What happens
when you run their "miner?" Is this destined to be ruined by wild market
speculation? If this is a disruptive tech that will give decentralized
hosting access to those without a voice and rabble rousers who won't
provide their government issued id, why is it venture backed? Will it usher
in a truly decentralized suite of protocols replacing centralized and
hierarchical dns & ssl?

I am truly curious. Please discuss.
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