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Originally Posted by topfiverecords
All of those technologies seem incredibly interesting and very valid to argue on side of their use case. Those technologies, I assume could exist though outside of a financial tie to a currency. Is the currency sector of the tech just the financial carrot to get the community to fund the equipment, labour and utilities to operate the system?
Though I admit there are many variations here I haven’t researched too deeply, but I wonder how a transitory currency and a specialized utility tech gain enough mainstream traction for the currency to have necessary liquidity to be useful. Otherwise it’s closed loop servers performing tasks that just happen to be spread around the globe as opposed to held privately in a server farm.
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It is a risk for sure. Once a proof of concept exists its possible that these organizations hire their own developers to piggy back off of the technology. However, given this is in infancy its fair to assume that until the proof of concept is obtained these corporate sponsors will be working with the community to fine tune them and demand for the assets will be maintained.