Blockchain Leaks at Microsoft

Blockchain Leaks at Microsoft

My love for blockchain brought me to visit Microsoft. Here’s some knowledge you may find valuable.

Firstly, Microsoft acknowledges that blockchain is a disruptive technology and makes some enterprise processes more efficient and effects big players in the big corporate marketplace.

Microsoft will release Blockchain gateways to their Azure development environment allowing Azure users to create Blockchain Apps sometime in 2018.

Note Ethereum — ETH, Syscoin — SYS, and Stratis — STRAT are seen supported on the Azure marketplace in pic.

The market place offers developer tools to develop on a variety of blockchains since some blockchains solve certain enterprise solutions better than others.

Microsoft will mine blocks at 2000 transactions/ per second using their own consensus for their users. Basically they’re using their own Proof of Stake on top of Azure DAPPs.

As stated by a “very high level” Microsoft executive, Quorum (as seen in picture above) is a project that JPMorgan and the Ethereum Foundation collaborated to serve financial institutions. So just know any negative news out of JPMorgan about Blockchain/ Crypto was nothing burger for special interest and Ethreum Foundation isn’t as transparent or decentralized as Vitalik markets it. There is a saying, the difference between Ethereum and Ethereum Classic is that Ethereum is a software company.

Also Microsoft states that Ethereum WILL transition to proof of stake.

Source link

Original article and pictures take decentral.market site