Urbit, the galactically inspired network of cloud servers, has announced plans to rebuild its infrastructure based on ethereum tech.
A network of P2P personal cloud servers that conceives of itself as "virtual real estate," Urbit has always borne a certain kinship to blockchain technology, but never deployed a blockchain as part of its infrastructure.
According to the post, which uses the project's standard space-themed terminology:
Going forward, all payments will now occur on the blockchain. Urbit will further create its own web browser forked from ethereum's code.
By using smart contracts to formalise relationships on the network, Urbit said it can outsource its security measures to the ethereum platform.
However, the decision to integrate ethereum did not come without some doubts. Developers Curtis Yarvin and Galen Wolfe-Pauly state that due to their "bottom-up" approach to development, "depending on Ethereum goes against all Urbit's instincts."
Detailing this hesitancy further, the developers argued:
In spite of this, the move is going ahead and Urbit is also expected to launch an ethereum-based token sale of its "galaxy" soon.
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.