Home / Bitcoin / KPN Shows Support for NEO by Hosting a Consensus Node in Their Data Center

KPN Shows Support for NEO by Hosting a Consensus Node in Their Data Center

No one can deny cryptocurrency is ready a lot more than simply Bitcoin. That is a sure construction, as Bitcoin isn’t best. Nor does it have the entire solutions to our issues both. It is a just right forex now and then, however at this time, it’s no longer in the most productive of shapes. As a end result, mainstream corporations are slowly appearing an hobby in different currencies. KPN, for instance, has determined to host a devoted NEO consensus node in their information middle. An fascinating determination by the Dutch telco.

There is an engaging long term forward for all currencies that don’t seem to be Bitcoin. Especially the ones which give one thing fully other from established currencies. NEO is very similar to Ethereum in many ways, but utterly other in different facets. So a ways, this altcoin has observed nice luck all over 2017. It turns out that robust development will proceed into early 2018. Especially when they have got some large bulletins to make in the approaching months.

KPN Sees Merit in NEO and the Smart Economy

One of the ones bulletins has to do with KPN. Most other people know this corporate as it’s one of the crucial biggest Dutch telecommunications corporations to this point. Surprisingly, KPN determined to hop at the NEO bandwagon. More in particular, the corporate will host an NEO consensus node inside of their information middle. That in itself is a somewhat sudden construction. Then once more, the large has proven an hobby in NEO and the good economic system earlier than. It turns out they’re best now hanging their plans into motion, which could have some fascinating penalties.

One may just argue this information has no main affect. At the similar time, the telco massive purposefully selected this altcoin over all different cryptocurrencies in the marketplace. They are reputedly no longer in Bitcoin, Ethereum, Litecoin or XR. Instead, they wish to make stronger NEO and turn out to be a a part of the good economic system. It is an engaging construction which could have main penalties. What the ones penalties may well be, is anyone’s wager at this time. It is a large notch in the belt for NEO, despite the fact that.

For now, it doesn’t appear as though this will have to facet the NEO value all that a lot. Having KPN on board is essential, however in the end simply a first step. We do know the mission desires to additional decentralize their consensus node mechanism. This could possibly be a large step towards attaining that function in the long run. At the similar time, we may see different era corporations display a large hobby in different cryptocurrency nodes or equivalent programs. Only time will inform what the long run holds. For now, issues are taking a look just right for NEO, however this isn’t an earth-shattering construction both.

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