In my opinion, we never know when would it be the new internet cause it's 2 different technologies.
maybe in the mere future might be but still, we don't know definitely it would take us about 30 years to prove that.
Topic: Can we officially consider Blockchain the new internet? (Read 727 times)
Blockchain can't be the new internet, bot of them are technologies but are different technologies, to be clear, without bitcoin internet will work fine, but without internet bitcoin will not work, because internet is the medium.
But of course bitcoin is a paradigm change and can be considered as the new money, it can take the place of paypal or visa and that's where things get interesting.
Unless someone smart enough could replace the internet with a much better functionality.. But of course bitcoin is a paradigm change and can be considered as the new money, it can take the place of paypal or visa and that's where things get interesting.
https://en.wikipedia.org/wiki/Blockchain
Blockchain isn't internet, it's a chain that connecting with cryptography
So it's more like safer place as platform. It's powered with internet so without internet, there is no power for blockchain !
Blockchain isn't internet, it's a chain that connecting with cryptography
So it's more like safer place as platform. It's powered with internet so without internet, there is no power for blockchain !
For now I think they are still two different things. It'll be a long time before we can truly say that everything that we do in the current internet can be done on just a blockchain. If each user is a sort of node in this new internet then the device would have to be much powerful.
Might also require a change in infrastructure. I still can't imagine how it will be done. Maybe the more tech-savvy among you have an idea. It is a good goal though
Might also require a change in infrastructure. I still can't imagine how it will be done. Maybe the more tech-savvy among you have an idea. It is a good goal though
Impressive article that talks about Bitcoin and Blockchain as being the next generation of money and web. https://cryptotradernews.com/fintech/next-generation-global-economy-and-web-3-0/
Thoughts?
I feel like Bitcoin is definitely the next generation of money but I'm unsure as to whether Blockchain can be considered the new internet. Although there's no Bitcoin without Blockchain... lol help me out here
Bitcoin has proven that it can replace money and blockchain is one of the most secured way of transferring assets on the web currently. The current interest cryptocurrency is generating all over the world is a sign that we are moving towards a new generations of money and finance and we can see the waves of reactions on libra coin which has make President of United States to comments about bitcoin and cryptocurrency. That is how it started in the internet era and today internet is now part of us. The whole world is now in internet and that is the same thing that is going to happen to blockchsin technology. Thoughts?
I feel like Bitcoin is definitely the next generation of money but I'm unsure as to whether Blockchain can be considered the new internet. Although there's no Bitcoin without Blockchain... lol help me out here
Scalability is the key. Current blockchains are difficult to accommodate all of the planet because of the limitations of scalability.
do you think this can not have any solution? it won't be scalable...never? I think that never is too much time.
Blockchain is dependent on internet to work, it isn't a new internet in its entirety but we can say that blockchain is the new internet of value. It brings value to the users of the internet unlike before.
what if the internet could be p2p, one device connecting to another with no providers or central authorities?
blockchain is not new internet, but blockchain is a digital transaction system that has a structure and forms blocks, then creates chains. this system is difficult to understand by some people, because the blockchain is not only for storing transactions, but blockchain can be used to record every event. so, the blockchain system is wider. Bitcoin is one of the virtual currencies that uses blockchain. in the future the blockchain will be used for bigger things.
Blockchain and the internet are two different technology, you can't make the blockchain as the new internet. Internet will just work fine without the blockchain since blockchain is just a storage of all the information online, specifically.
I feel like Bitcoin is definitely the next generation of money but I'm unsure as to whether Blockchain can be considered the new internet. Although there's no Bitcoin without Blockchain... lol help me out here
Right now we cannot call bitcoin as the new internet as there are many layers that has to be fulfilled, we need applications and services to be built on top of the blockchain in order for us to call the new internet and it is possible once we sort out the scaling issues and activating some OP codes that was built during the initial phase of the bitcoin code release. It is still a new platform in its infant stage and with time we will see many applications being run in the blockchain and the future is bright as we will see many changes in the next ten years.
Bitcoin and other cryptocurrencies may eventually do to fiat what mobile phones did to land lines/wire telephones, and what email did to letter writings and fax system. Although this is still young.
Internet is connected between the many nodes, servers, supercomputers and so on. Logically we may consider blockchain is kind of internet but we cannot use blockchain and internet for the same purpose.
blockchain gives connectivity and makes a transaction between the blocks into each blocks while the transaction being processed using cryptocurrencies.
blockchain gives connectivity and makes a transaction between the blocks into each blocks while the transaction being processed using cryptocurrencies.
I feel like Bitcoin is definitely the next generation of money but I'm unsure as to whether Blockchain can be considered the new internet. Although there's no Bitcoin without Blockchain... lol help me out here
Blockchain technology is simply an integral part of the new generation Internet.Without blockchain, cryptocurrency will not exist. Without a cryptocurrency, there will be no new, healthy society.In General, everything in our world is interconnected. 
At least for today, what the cryptocurrency is intended for only exists in theory, in my opinion. Today, cryptocurrency is mainly used not only for the accumulation of capital in order to develop new projects, but also for making money. About something global today, few people think.
Impressive article that talks about Bitcoin and Blockchain as being the next generation of money and web. https://cryptotradernews.com/fintech/next-generation-global-economy-and-web-3-0/
Thoughts?
I feel like Bitcoin is definitely the next generation of money but I'm unsure as to whether Blockchain can be considered the new internet. Although there's no Bitcoin without Blockchain... lol help me out here
Do not think for one moment that the global economy is safe from entities who will try to manipulate and monopolize the market, but a new generation of internet and money is here. Thoughts?
I feel like Bitcoin is definitely the next generation of money but I'm unsure as to whether Blockchain can be considered the new internet. Although there's no Bitcoin without Blockchain... lol help me out here
I don't understand throughly about blockchain technology, but basically, blockchain works also based on the internet to access data, not specifically, but I think blockchain is hard to operate independently without internet, although it brings a very transparent data.
Blockchain is dependent on internet to work, it isn't a new internet in its entirety but we can say that blockchain is the new internet of value. It brings value to the users of the internet unlike before.
Absolutely no, basically this is different. Blockchain is another thing. Even the blockchain cannot stand alone without internet so this is not a new internet. I think blockchain is just a series on the internet that connects transactions only
Impressive article that talks about Bitcoin and Blockchain as being the next generation of money and web. https://cryptotradernews.com/fintech/next-generation-global-economy-and-web-3-0/
Thoughts?
I feel like Bitcoin is definitely the next generation of money but I'm unsure as to whether Blockchain can be considered the new internet. Although there's no Bitcoin without Blockchain... lol help me out here
its possible bitcoin can become the next generation of money and blockchain can become of the future technologyThoughts?
I feel like Bitcoin is definitely the next generation of money but I'm unsure as to whether Blockchain can be considered the new internet. Although there's no Bitcoin without Blockchain... lol help me out here
but im also not sure if blockchain can become the new internet or its even possible
We can't get to a conclusion this earlier. More to come, because advancement is unstoppable. Blockchain technology is getting its use all around, this getting termed to be the new internet is a possible fact. Same time we need to consider the reality as everyone won't be getting updated to blockchain and only by that we will get effective output.
Next thing is the transparency, with blockchain everything will be transparent. In this regard there will be certain things that can't be revealed to the entire network, this way there will be closed blockchain causing restrictions on the internet usability.
Next thing is the transparency, with blockchain everything will be transparent. In this regard there will be certain things that can't be revealed to the entire network, this way there will be closed blockchain causing restrictions on the internet usability.
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