{"id":116239,"date":"2021-03-10T01:39:57","date_gmt":"2021-03-10T01:39:57","guid":{"rendered":"https:\/\/precoinnews.com\/?p=116239"},"modified":"2021-03-10T01:39:57","modified_gmt":"2021-03-10T01:39:57","slug":"this-little-known-altcoin-could-challenge-amazon-web-services-says-popular-crypto-trader","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/altcoins\/this-little-known-altcoin-could-challenge-amazon-web-services-says-popular-crypto-trader\/","title":{"rendered":"This Little-Known Altcoin Could Challenge Amazon Web Services, Says Popular Crypto Trader"},"content":{"rendered":"

Popular crypto trader Ben Armstrong says one little-known altcoin gem could pose significant competition for Amazon Web Services.\u00a0<\/p>\n

In a recent YouTube update, crypto influencer Ben Armstrong claimed the low-market capitalization altcoin Cartesi (CTSI) could be a potential competitor for Amazon Web Services in the future. Armstrong said he was keeping a close eye on the scalability solution project and its Ethereum-based computational oracle Descartes.\u00a0<\/p>\n

He said:\u00a0<\/p>\n

Think of Descartes as an oracle for heavy computations. It makes intensive computations verifiable on the blockchain. Why does this matter? Well, today several projects compromise their level of decentralization because computations on blockchains are too limited.They end up using centralized setups to do the heavy lifting, for companies such as Amazon AWS for service infrastructure.<\/p>\n

Armstrong called the technology a potential lynchpin for other blockchain products and noted it could be used in calculating risk for decentralized insurance and other options. He concluded by predicting Cartesi would be a \u201cmonster,\u201d for the rest of 2021 and a key player in the smart contract blockchain ecosystem for years to come. <\/p>\n

Featured Image Credit: Photo via Pixabay.com<\/em><\/p>\n

The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.<\/em><\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Popular crypto trader Ben Armstrong says one<\/p>\n","protected":false},"author":3,"featured_media":116238,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[49],"tags":[],"yoast_head":"\nThis Little-Known Altcoin Could Challenge Amazon Web Services, Says Popular Crypto Trader - Pre Coin News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/precoinnews.com\/altcoins\/this-little-known-altcoin-could-challenge-amazon-web-services-says-popular-crypto-trader\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"This Little-Known Altcoin Could Challenge Amazon Web Services, Says Popular Crypto Trader - Pre Coin News\" \/>\n<meta property=\"og:description\" content=\"Popular crypto trader Ben Armstrong says one\" \/>\n<meta property=\"og:url\" content=\"https:\/\/precoinnews.com\/altcoins\/this-little-known-altcoin-could-challenge-amazon-web-services-says-popular-crypto-trader\/\" \/>\n<meta property=\"og:site_name\" content=\"Pre Coin News\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-10T01:39:57+00:00\" \/>\n<meta name=\"author\" content=\"mediabest\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/precoinnews.com\/wp-content\/uploads\/2021\/03\/ccryptafotoben-armstrong-amazone-web-services-competitor-768x461-1.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"mediabest\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/precoinnews.com\/altcoins\/this-little-known-altcoin-could-challenge-amazon-web-services-says-popular-crypto-trader\/\",\"url\":\"https:\/\/precoinnews.com\/altcoins\/this-little-known-altcoin-could-challenge-amazon-web-services-says-popular-crypto-trader\/\",\"name\":\"This Little-Known Altcoin Could Challenge Amazon Web Services, Says Popular Crypto Trader - 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