Blockchain Has Lots of Potential — And Potential Problems

NORTH CHARLESTON, SOUTH CAROLINA — Blockchain data centers are pushing the envelope, and that means that they’re setting new standards. At CapRE’s Southeast Data Center Spring 2018 Update, we invited Allan Williamson, Principal of At Home Crypto LLC and Nathan Porter, Partner at Cryptos Managed, to offer insight into what blockchain and crypto-currencies will mean for future data center design, construction, and development. Toward the end of the session, a member of the audience asked engaged with the panelists to find out more about the controversial aspects of crypto-currency, focusing on what might happen if illicit information was uploaded to a blockchain. Below is a snippet of that conversation. Audience Question: Will the market require that crypto-miners address these problems, in order for it to become a common practice to use blockchain technology? Porter: If it really is a problem, the fact that Block 1234567 has, say, [illicit data] on it, but no one ever actually goes to see it and it’s not ever actually accessed, then I’m not sure that the problem exists in that circumstance. Now, if people were accessing it all of the time and this becomes the new way to spread that type of information, then absolutely, it will have to be addressed. But the way that I think it will be addressed is that you’ll take something like Monero for example, and you’ll probably fork it and the fork protocol would have whatever necessary safeguards would…