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Topic: 4 ways Blockchain technology will change the world | VentureBeat (Read 949 times)

legendary
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Leading Crypto Sports Betting & Casino Platform
Blockchain technology is adjudged eternal. Life changing. The important thing for the me a bitcoin enthusiastic, how much success that bitcoin will enjoy from this inevitable technology. Lets wait and hope.....
sr. member
Activity: 462
Merit: 250
I posted about Storj in another thread but I'll repost it here:

Using the blockchain to store data has already been attempted by Datacoin and it was pretty much a failure. Storj intends to store entries in a blockchain but will host the actual files off-blockchain. This is a smart move and is probably the only feasible method of getting past the blockchain bloating problem which is what killed DTC. Unfortunately, this means that many of the benefits of the blockchain such as infinite redundancy are also lost.

bit of a stretch  Lips sealed


blockchain tech sounds more like a solution looking for a problem Roll Eyes

Your comment within itself is a stretch, so stretch that it ends up making zero sense unless you want to explain it better.

He's probably saying that the variety of applications that could benefit from blockchain technology are exaggerated and that the proposed benefits don't really exist or aren't significant enough to warrant an entirely new tech. I admit he might have a bit of a point, but the examples given in the article don't qualify in my opinion. Cloud storage, smart contracts, patents, and voting are perfectly well suited applications of blockchain technology (the second one especially).

Nice read, but why not just post the 4 ways here on the forum? It is nothing near a TLDR length and would have contributed nicely to the forum, now it is just generating traffic.

Well the site probably gets most of its money from ads so it would be a bit mean to copy and paste the whole thing even if the source was attributed. Grin
legendary
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In Satoshi I Trust
hero member
Activity: 770
Merit: 509
bit of a stretch  Lips sealed


blockchain tech sounds more like a solution looking for a problem Roll Eyes

Your comment within itself is a stretch, so stretch that it ends up making zero sense unless you want to explain it better.
legendary
Activity: 1876
Merit: 1000
bit of a stretch  Lips sealed


blockchain tech sounds more like a solution looking for a problem Roll Eyes
sr. member
Activity: 574
Merit: 296
Bitcoin isn't a bubble. It's the pin!
Great article, thanks for sharing! I hope many other people, including ones who havent entered bitcoin yet, read this article.
member
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sr. member
Activity: 462
Merit: 250
I can draw your avatar!
Nice read, but why not just post the 4 ways here on the forum? It is nothing near a TLDR length and would have contributed nicely to the forum, now it is just generating traffic.
hero member
Activity: 605
Merit: 500
Good article... Thanks S!
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