Blockchains are still early! | Bitcointalksearch.org

hellyah070

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Quote from: robro on March 04, 2019, 07:04:34 AM

"We tend to exaggerate the impact of technology on the short term, but massively underestimate its impact on the long term. It’s clear that blockchains are early today, but they will undoubtedly transform economies tomorrow." - Beniamin Mincu CEO - www.elrond.com

What do you guys think?

https://twitter.com/ElrondNetwork/status/1102530679324196864

Yes, but the best part is when you've entered the block chain in the earliest days, basically, coins there particularly, bitcoin's price is multiplied in a huge amount now, but still I am not regretting my decision that I trust crypto at the moment. Still I am gaining profits.

chanc3r

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Quote from: sedahan13 on March 16, 2019, 10:06:23 PM

Yes blockchain technology just 10 years old so its very young and have more potential to be much better in the future. By more adoption of it, this technology will give more benefits for alot of people and for many different industry around the world.

It is not how long it has been around but how much the development that were going on and that is going on. You can see many company are interested in blockchain, even huge large company. But the development hindered by other technologies that are trying to compete in the same field but I believe blockchain still have its own unique quirks.

sedahan13

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Yes blockchain technology just 10 years old so its very young and have more potential to be much better in the future. By more adoption of it, this technology will give more benefits for alot of people and for many different industry around the world.

leetcoiner

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Quote from: anatolij.shishkin on March 12, 2019, 12:29:49 PM

Yes, profits can be big. However, there is a problem. Scammers They repel. Everything would develop much faster. If the money arrived where it should.

Regulation in this area will correct the situation. Fraudsters will be less, therefore, will arrive at regularity.

anatolij.shishkin

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Yes, profits can be big. However, there is a problem. Scammers They repel. Everything would develop much faster. If the money arrived where it should.

@baoli

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Base.protocol

The harvest of block chain is completely untapped. New but the impact is huge. A lot of sector will benefit from block chain technology . new projects are coming up and changes are being made to older ones. This will continue till greater work are achieved

Lalapo08

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Indeed blockchain is a technology that is still emerging. But after I read the myriad of benefits that blockchain brings, I am increasingly convinced that the blockchain is able to survive providing long-term benefits. It's just that as millennial people we have to be open to technology because this technology will later facilitate all our work in the future. I'm sure the blockchain is able to provide good economic changes someday.

redsun114

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Quote from: styca on March 05, 2019, 12:10:14 PM

Yes, we are still in the early days. Obviously the very beginning has gone, when all discussions were very technical and there was a considerable barrier to entry. Nowadays that barrier, whilst still there, is more easily surmountable. We will have mainstream adoption at some point, and we're getting there, but it's still a fair way off.

You should really look at the European society and you would come to know that after having the technology around, it has not been able to cover the entire market. There is still big gap for the innovative things and one should go for it rather than waiting for bounty tokens.

So yeah, it is still early and I believe that the rest of the decade is going to be a very different in terms of the business activities and the financial market.

fullhdpixel

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Quote from: gidaahmad on March 06, 2019, 06:59:40 PM

Blockchain continues to grow. Now many smart people, who make the blockchain network with their respective advantages. Because this technology has made it easier for many people to transact. So, enough of us who live it and we who know it.

Not only the transactions are been made easier with the blockchain technology but also there are a lot of new innovations which are been bought by the blockchain technology. We can peruse a financially stable life with the blockchain technology.

A lot of smarted renovations which can bring a lot of changes are been started on with the blockchain technology which itself is making blockchain technology much more popular.

crenfrosck

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Definitely. As we can not be sure what is ahead of us (BTC above million of dollars or worth zero), potential outcome is not that clear. However, we have to admit that the technology of blockchain is here and it is evolving. Is it going to be life-chaning or just a cool tool for geeks to play with? Currently it is in hands of thousands of developers who are crazy enough to deal with it. Blockchain is far from being dead and if it is going to make a breakthrough with crypto... well, we would witness a crazy ride Grin

.

Iyeman

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Quote from: shoreno on March 08, 2019, 05:59:56 PM

Quote from: neonshium on March 08, 2019, 01:54:27 PM

Quote from: icalical on March 06, 2019, 11:20:28 PM

Totally agreed, it is the same as the Internet, back in the day when internet first launced and available to be utilized by public, the hype is huge, but then the impact is as huge as the hype. But, after couples of years and decade, we now understand that Internet is really usefull, and now it is a lifestyle and daily needs.

We are yet in the early stage for the blockchain technology even though 10+ years passed since bitcoins were been launched along with the blockchain technology.

Comparing blockchain technology along with internet is a good option because even internet did not had that good amount of users when it was newly launched but as we compared it now, there are a lot of peoples who are been enrolled with internet today and same would be the situation with blockchain ahead.

10+ years is not early . its long imo but many people still dont recognize the blockchain technology although when the time passes by , they will soon realize its importance . also , internet and blockchain are not the same imo because internet is user friendly , all people in all ages can use it and do amazing things with it while blockchain techonlogy is not for enterntainment purpose . its mainly built for techy people especially for developers

And can you tell me how long dotcom adopted by the ordinary person? it needs a very long time to go especially when you are building a something new that has a main purpose to replace the traditional system.

shoreno

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Quote from: neonshium on March 08, 2019, 01:54:27 PM

Quote from: icalical on March 06, 2019, 11:20:28 PM

Totally agreed, it is the same as the Internet, back in the day when internet first launced and available to be utilized by public, the hype is huge, but then the impact is as huge as the hype. But, after couples of years and decade, we now understand that Internet is really usefull, and now it is a lifestyle and daily needs.

We are yet in the early stage for the blockchain technology even though 10+ years passed since bitcoins were been launched along with the blockchain technology.

Comparing blockchain technology along with internet is a good option because even internet did not had that good amount of users when it was newly launched but as we compared it now, there are a lot of peoples who are been enrolled with internet today and same would be the situation with blockchain ahead.

10+ years is not early . its long imo but many people still dont recognize the blockchain technology although when the time passes by , they will soon realize its importance . also , internet and blockchain are not the same imo because internet is user friendly , all people in all ages can use it and do amazing things with it while blockchain techonlogy is not for enterntainment purpose . its mainly built for techy people especially for developers

tippytoes

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Quote from: xiboothrezi on March 08, 2019, 05:51:16 PM

The blockchain is still in its early stages, but look at the impact, it is quite extraordinary in improving various aspects. Blockchain provides a lot of convenience by maximizing the effectiveness of time, energy, and costs so that many companies and institutions begin to study and try to implement it in the system.

Well-said. If only those projects are all legit and sincere, they will really help in building a much better ecosystem in every industry. Blockchain tech is really powerful on what it can do to human lives. We are hoping more and more authentic projects will come up and implement what is necessary.

xiboothrezi

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The blockchain is still in its early stages, but look at the impact, it is quite extraordinary in improving various aspects. Blockchain provides a lot of convenience by maximizing the effectiveness of time, energy, and costs so that many companies and institutions begin to study and try to implement it in the system.

CoinCollect

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It seems to me that the blockchain will not be fully accepted because in some areas governments will not allow its use. Its transparency can be useful and not useful for some things.

BCTS

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I think that the blockchain technology has been developing very much during even such a bad year for cryptocurrencies as 2018. I think that in the long term, cryptocurrencies will be clearly needed by people.

Leema

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Blockchain development advances everyday, as a programmer I studied software in other languages, with the technology of blockchain I was willing to learn blockchain development, because currently that is where the technology is advancing too.

akram143

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In the beginning stage the development of blockchain system will not been understand by a lots of people is very difficult to understand how it's going to be perform in the economy but it will be a few development in very short period of time and we cannot handle it with your experience and it is not enough for us that's why we are in the difficult situation now.

ije07

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besides being new, the blockchain is still not fully accepted, therefore the impact is still not felt in the world economy, if only the blockchain is truly accepted and adopted by the majority of people and countries, the blockchain will slowly be able to push the world economy to a better step

mrdeposit

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Quote from: aliceHortrex on March 08, 2019, 04:07:44 PM

Quote from: miropp on March 08, 2019, 03:16:48 PM

I fully agree with that statement. Blockchain technology is still very young and its best times are yet to come. I am sure that it is still with a new wave will overwhelm the whole world.

This technology should receive global support, guarantees from the government for widespread use. Wink

Already without support will not be anything. But I wonder that if there is easier for using, why nobody care about it? Maybe it is because of the data it stores in memory.

Topic: Blockchains are still early! (Read 634 times)