CoinCentral on 0chain’s AWS Partnership and Enterprise Blockchains
Earlier this month 0chain’s founder Saswata Basu talked to The Times for a special report on blockchain and cryptocurrencies, however that’s not the only media publication which has been speaking to our team.
CoinCentral recently delved deeper into our partner announcement with AWS and interviewed Saswata on our partnerships, protocol and what’s next for the company.
Joined by CRO, Phil Castillo and Operations Director, Derick Fiebiger, CoinCentral explored our unique protocol and the different parties involved — miners, sharders and blobbers.
These participants are explained in greater depth in the white papers released this month by Paul Merrill and Thomas H. Austin titled Storage on the 0chain Network: the Blockchain Observable Storage System, and 0chain Token Reward Protocol.
0chain’s unique storage ecosystem helps alleviate many of the concerns that companies have about enterprise-grade blockchains, as Phil explained to CoinCentral:
“The criticisms of current 1.0 blockchain solutions are understandable, some are even block-less environments and others don’t fully encompass blockchain’s core decentralized benefits. […] One of our core differentiators is that our primary go to market system is a public, fully decentralized blockchain (our mainnet) that is designed for miners, blobbers, and sharders to participate independently.
We have unhooked the need for specialized mining hardware so miners/blobbers may leverage any cloud infrastructure they choose. Another attractive offer for enterprises is the ability to fork from our mainnet and create a custom dApp. In these instances, an enterprise can customize the miner profiles and other parameters to suit their applications’ needs. Miners and blobbers will be encouraged to participate in building consensus and providing storage for these forks and thus be decentralized.”
Other topics discussed in the interview with CoinCentral included the importance of privacy and confidentiality within the enterprise, what could improve mainstream adoption, and details on some of 0chain’s other partnerships.
The rest of the interview is available here.
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