So dumb question... What advantages does Azure give to bitshares other than being associated with the Microsoft name? Is Azure BaaS a market place? Can people develop for BTS through Azure?
The general idea of the BaaS is that when some company is looking to build a blockchain they can shop through Azure and spin one up.
As far as the crypto-traders are concerns though.. another reason to buy on the hype and sell on the news.
Thanks Data,
So will Microsoft have any affiliation with BTS? or is this kind of like the Craig's List of blockchain business's? Are they trying to promote business's building on top of one of the blockchain's within the Azure offering?
Microsoft has no more association with any of these blockchains than Linux has with any host provider.
Microsofts motivation in promoting this is largely due to their entire business strategy of going back to the 80s and focusing in their cloud offering at all costs. Blockchain is edgey and hot as a buzz word for innovation.. its good for them. It's working too.. they keep getting themselves out there like they are the go to place for launching blockchain whatever now.
In cryptoland though.. stories of associations are often overstated if not misleading. There is a reason all the PRs only ever show up on places like Coindesk and never in Bloomberg.
The association has been conflated and doesn't denote anything more than being included in a repo that adheres to their template environment.
I might sound like I am dumping on this but I'm not. It is another pathway for adoption, and a good one.
I think though most people who are following this news only view the potential market cap growth out of it and don't really understand what happened. Microsoft was heard and everyone gets stary eyed.
I'm glad Fox managed to get the template in their repo. Now he gets to have real fun... maintenance!
I am hoping we can help out with that in the future.
to Fox!