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Thread: A Stock Market for Data Center Capacity

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    A Stock Market for Data Center Capacity

    In the near future there could be a world wide market for data center/public cloud capacity. Just like the stock market, it would have regulations and rules, but this would bring true competition to the market for data center capacity of all makes and sizes. The stock market has been one of the most efficient forms of buying and selling anything, where a 100K transaction cost less than ten dollars. This itself has been brought about by the tech revolution and its time it feeds on itself. The tech sector needs a stock market like model for all its products services that aren't custom, for it is by far the most efficient way of handling transactions with true price competition and transparency. Just like the stock market, it would have true transparency where companies and individuals face severe penalties and jail time for breaking the rules. This model could bring even more efficiencies to the tech sector world wide, just like the financial and commodities market. This is just a very brief introduction and some study on the world wide markets would show it would be an excellent model for the tech sector for it is built on the tech sector itself and has been one of the tech sectors greatest achievements, a world wide cost effective, regulated market spanning the globe.

    Amazon, Microsoft: Software Makers Abandon Data Centers for Cloud | Fortune.com

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    Last edited by Arthur Hanson; 2 Weeks Ago at 04:08 AM.
     

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    Blogger Bernard Murphy's Avatar
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    Interesting idea

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    There are blockchain applications that are targeting this. Essentially the tokens, which are freely traded on crypto exchanges are used to purchase distributed CPU power and storage.

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    Count, I feel the market is far more efficient, faster and safer than the blockchain system and a true lower cost. Blockchain could never handle the volume and speed the market demands, it isn't even remotely close, by several factors.

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    Quote Originally Posted by Arthur Hanson View Post
    Count, I feel the market is far more efficient, faster and safer than the blockchain system and a true lower cost. Blockchain could never handle the volume and speed the market demands, it isn't even remotely close, by several factors.
    Have to disagree with you here. Look into Sia. Cloud storage on blockchain for 1/10th the cost of Dropbox.

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    Count, I'm comparing it to me doing a 100+k transaction for less than five dollars and it taking place in a second. Compare that to block chain costs and Bitcoin that can handle only 7 transactions per second at last report at far, far higher cost.

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    Bitcoin's scaling problems are artificial due to developers intentionally handicapping it to push for their lightning network. Other blockchains don't have the same issues. Also, it's like saying in 1995 that the internet couldn't do streaming video because the fastest internet connections then were 56k. C'mon, you know better.

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    Block chains get more and more cumbersome as time goes on, when the commodity, stock and other markets are well proven and well shaken down, but still advancing ever decreasing costs while increasing speed and versatility. The technology behind the various commodity, financial instrument, materials and many other things not only are well thought out and working all while advancing technologically all the time. I've been active at 100k plus levels for a long time and have seen the technology advance many fold. I don't see block chain catching up on many fronts. I have studied block chain and compared to the current markets I feel the markets will advance faster and stay ahead.

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    Quote Originally Posted by Arthur Hanson View Post
    Block chains get more and more cumbersome as time goes on, when the commodity, stock and other markets are well proven and well shaken down, but still advancing ever decreasing costs while increasing speed and versatility. The technology behind the various commodity, financial instrument, materials and many other things not only are well thought out and working all while advancing technologically all the time. I've been active at 100k plus levels for a long time and have seen the technology advance many fold. I don't see block chain catching up on many fronts. I have studied block chain and compared to the current markets I feel the markets will advance faster and stay ahead.
    You are demonstrating a very shallow understanding of the technology. This is not really true, in that not every transaction needs to be stored on every node. Just because that's the way it works now doesn't mean that's the way it always needs to work. Have a look into sharding.

    Sharding FAQ * ethereum/wiki Wiki * GitHub

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    How long and at what level have you been doing financial transactions, including international and what has your overhead cost been. Bitcoin and the other crypto currencies are costly when converting and very slow. Please give me the cost of converting various crypto currencies to a more usable form. Most transactions can't currently be done in crypto currencies and the time factor involved. Also there is the danger of being ruled illegal or illiquid in many countries and markets. Please explain how you can do a high speed margin trade in a major market at a total cost, including borrowing cost of less than a tenth of a percent using crypto currencies. I have done this many times with standard currencies and not worried about vault robberies that happen all the time with crypto currencies.

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    Last edited by Arthur Hanson; 5 Days Ago at 01:04 PM.
     

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