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Topic: Ancient concept of blockchain (Read 225 times)

full member
Activity: 406
Merit: 100
BAILOUT
August 13, 2018, 08:41:37 AM
#23
I think religion fits very well, just like btc its creator disappear after some time though it is naturally happened, and it is forked a lot  Cheesy
newbie
Activity: 154
Merit: 0
August 13, 2018, 08:36:40 AM
#22
Religion governs all aspects of our lives, but we organize the blockchain system.It will really help the newbie to understand the operational part of blockchain.
newbie
Activity: 119
Merit: 0
July 06, 2018, 07:15:59 PM
#21
It is true that we should be deeper and wider in the use of blockchain and not just invest in cryptocurrency, and we can utilize Blockchain technology.
jr. member
Activity: 140
Merit: 1
July 01, 2018, 02:46:30 PM
#20
Very nice explanation. Even I was bit confused from the very beginning about the operational process of blockchain. But couldn't manage myself with the satisfactory answer. And finally you have made it happen. Now it's clear to me. I think it will help anyone to understand blockchain very easily.
newbie
Activity: 112
Merit: 0
July 01, 2018, 02:10:47 PM
#19
What is the most ancient concept of blockchain in our life?
The easiest way to understand a concept of decentralized itself is RELIGION. Religion doesn't have a center of place, company, and people who run it. it cannot be destructed by physically and Religion has its own system. but it can be replaced with a better idea. Same thing with blockchain itself.
I hope people aware of the importance of blockchain and not just cryptocurrency as a medium for investing or trading.

please share your thought and kindly correct me if I'm wrong.
maybe i should clarify this. what i meant is most religion. not all or certain religion. and i hope people didn't got me wrong to equate religion and blockchain. i just stated the idea is pretty similar and i just hope newbie people can understand from this point of view. i am no expert, i just come with this idea and want to share with others.
full member
Activity: 414
Merit: 100
June 30, 2018, 07:52:49 AM
#18
What is the most ancient concept of blockchain in our life?
The easiest way to understand a concept of decentralized itself is RELIGION. Religion doesn't have a center of place, company, and people who run it. it cannot be destructed by physically and Religion has its own system. but it can be replaced with a better idea. Same thing with blockchain itself.
I hope people aware of the importance of blockchain and not just cryptocurrency as a medium for investing or trading.

please share your thought and kindly correct me if I'm wrong.

Little did I less disagree with you, the concept of Blockchain can not be equated with religion. because Religion is many kinds and every religion has their own thoughts.
The blockchain system can be simplified by the butterfly metamorphosis, which begins with a caterpillar and ends as a butterfly, each of which changes the animal stronger. as well as the concept of the blockchain system the more it develops the stronger.
legendary
Activity: 4410
Merit: 4766
June 30, 2018, 07:05:10 AM
#17
religion is centralised. maybe you should interview the Pope and find out more about his organisation.

however its distributed..
there is a big difference between decentralised and distributed

EG
banks. bank notes are not held in one single vault which if caught on fire would destroy all money.
bank notes are distributed. so if i burned a bank note in my pocket it wont affect or burn all the bank notes as they are not all clumped toogether..

but banknotes are centralised.

banks themselves are distributed. and not just one bank branch/HQ but many bank branches HQ's regional offices etc. but still centralised.

religion is not an open dcentralised system where everyone has both equal and no overal power alone to change the protocol.

religions do change and its people like the pope that change it, like making public statements that gay marriage may not be a sin no more. or that his ministers need to stop fooling around with the chiorboys.
so although centralised that "the pope" has more control than individuals.. killing the pop wont kill religion, because another pope in another location will get promoted because its distributed. but not dcentralised
BQ
member
Activity: 616
Merit: 53
CoinMetro - the future of exchanges
June 30, 2018, 06:47:24 AM
#16
I'm not sure why religion has to be mentioned specifically, isn't basically any "movement" in general decentralized as it's a thought living within people?
it's a bit the same as miners being hosted by people!
a movement can be shut down by removing all the participants, and same applies to the network.
newbie
Activity: 112
Merit: 0
June 30, 2018, 06:43:47 AM
#15
i am fully agree with you and this is really a great example of blockchain from ancient era. It will really help the newbie to understand the operational part of blockchain. Even I have got more clear about the technology of blockchain.
full member
Activity: 812
Merit: 101
June 30, 2018, 06:19:37 AM
#14
you can not equate blockchain with religion, blockchain has many weaknesses, and religion has perfect value. religion governs all aspects of our lives, but we organize the blockchain system.

I think that blockchain has an independent system, anonymous, and decentralized, cannot be equated with something else.

there is nothing ancient, because blockchain creates new aspirations in the world of transactions. blockchain was born into a solution for every value of life.
legendary
Activity: 3024
Merit: 2148
June 30, 2018, 06:07:56 AM
#13
What is the most ancient concept of blockchain in our life?
The easiest way to understand a concept of decentralized itself is RELIGION. Religion doesn't have a center of place, company, and people who run it. it cannot be destructed by physically and Religion has its own system. but it can be replaced with a better idea. Same thing with blockchain itself.
I hope people aware of the importance of blockchain and not just cryptocurrency as a medium for investing or trading.

please share your thought and kindly correct me if I'm wrong.

You are a good example of a noob who doesn't understand blockchain at all, yet reveres it as something truly great and world-changing. Blockchain is immutable, append-only database that should be used by parties that don't trust each other to eliminate cheating. Your comparison with religion is completely way off, because organazied religions are pretty centralized, they have small groups of highest priests that make all the important decisions. Religion is not a database, and it's not immutable - old religions are forgotten and the new ones take their place - but in blockchain nothing is forgotten, new data is written on top of old data, and old data is never deleted.

newbie
Activity: 70
Merit: 0
June 30, 2018, 05:56:19 AM
#12
I don't think it's ancient. However, I've seen a video which explained blockchain through the life of an ancient tribe, where a BTC was compared with a stone possessed by each member.
newbie
Activity: 294
Merit: 0
June 30, 2018, 05:28:16 AM
#11
This is damn right man. You have explained the system in a easy manner that will help the newbie to understand the basic function of blockchain. However, I expect you to share your thoughts regarding blockchain in details that will share the community a lot.
newbie
Activity: 61
Merit: 0
June 29, 2018, 02:58:34 PM
#10
This post is quite informative. Just like religion, blockchain are purely build on the faith of people. We cannot see them, but we do believe in its existence and, yes, we do have strong faith and trust in it. But yes there are better ways to compare it other than religion.
newbie
Activity: 86
Merit: 0
June 29, 2018, 02:13:02 PM
#9
That's interesting post. I like the idea how you compared religion with blockchain. To to some point I could not deny your thoughts regarding blockchain system.
newbie
Activity: 308
Merit: 0
June 29, 2018, 07:53:36 AM
#8
I like your thoughts. I also kind a think like you think. But you cannot compare it with religious. This two things are very far away from each other. I agree that people should understand the importance of blockchain and also understand the proper use of cryptocurrency.
newbie
Activity: 210
Merit: 0
June 29, 2018, 12:52:02 AM
#7
in relegiouse concept we decide to trust in our religion without seeing who are running it , same case with block chain concept it records the growing list of crypto currencies and the value of those electronic currency completely depends on our trust.
newbie
Activity: 112
Merit: 0
June 28, 2018, 06:26:56 PM
#6
Blockchain need continuous improvement because they provide the security. If this blockchain fails then many investors will face a big problem. I think in recent blockchain performance is good.
newbie
Activity: 252
Merit: 0
June 28, 2018, 01:31:59 PM
#5
To consider the ancient concept of the blockchain can relate with religion. Being decentralized in nature and cannot be destructed physically but has a higher importance of value.
newbie
Activity: 44
Merit: 0
June 27, 2018, 07:15:11 AM
#4
Well you dont need to compare with religions, You can simply compare with a chain of lego blocks which is controlled by peoples whole over the world. Where no one is connected and didnt even know anyone.
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