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DFINITY is the Cloud 3.0 that Marries Crypto Valley with Silicon Valley

Traders Magazine Online News, August 2, 2018

Michael K. Spencer

Historically, new models of computing have tended to emerge every 10–15 years, we know quantum computing machines that are mainstream are about five years away, that is 2023. We also know third generation dApp platforms are coming into being rapidly that might be technically superior to the likes of Ethereum and NEO. This could be Cardano, it could also be someone like DFINITY.

If mainframes evolved in the 60s, PCs in the late 70s, the internet in the early 90s, blockchain in 2008, Ethereum in 2013?—?this definition of what a world-computer or an “Internet Computer” will rapidly likely mesh quantum computing with decentralized app platforms; and this is why DFINITY might become relevant.

The way we conceive of decentralization is changing the kind of software ecosystems we envision that can be value-chains of the future. In a sense blockchain communities are foundations of what the Cloud might look like. Reducing costs, disrupting monopolies and turning code into a better future.

What if algorithmic governance in the form of a “Blockchain Nervous System” that can protect users from attacks and help restart broken systems, could really manifest itself. What would that look like?

If decentralization is multidimensional spectrum, blockchain and distributed ledger technology has certainly the ability to impact every industry that is online, and that my friends, is the entire world today in 2018.

DFINITY is an upcoming competitor to Ethereum’s “blockchain computer” throne aiming to launch Q4 2018.

Could a liquid democracy and distributed intelligence somehow merge with advances in dApp platforms and utilize smart contracts, virtual ledgers and advanced public decentralized cloud computing resource to market? Competition is fierce, the pressure to scale is becoming intense, new projects are being born at an accelerated rate. First mover advantage due to the quickly converging cumulative knowledge in the field of dApps, smart contracts and blockchain means the biggest or most costly cryptocurrencies are not necessarily the best ones.

If such a flawed model as EOS can raise $4 Billion dollars, the crypto world is ready for a startup that is truly disruptive, that can change the playing field at a time when so many altcoins have gone extinct already. Blockchain computers were first proposed in 2008 by Satoshi Nakamoto in the Bitcoin whitepaper. Just 10 years later in 2018, DFINITY is my pick to be that disruptive next platform.

How do you future proof a space with so many scams, false promises and covert market manipulation? How do you reconcile the profiteering in crypto with the potential of blockchain in 2018? DFINITY has a vision of an Internet 3.0, in which the fabric of the Internet starts to act as a giant computer with radical new properties that could be extraordinarily disruptive.

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