Real blockchain (and not private/permissioned blockchain)? I really don't think so. Governments will likely never allow real blockchain to be dominant. I expect them to continue fighting the real thing until the permissioned blockchains become more popular than the real thing.
I think they really like blockchain but the features creep them out.
Real blockchain will however continue to exist but will probably be used by people who prefer real decentralization, anonymity, censorship resistanceI etc. Blockchain may end up being preferred by about 500 million people.
Topic: Can we officially consider Blockchain the new internet? - page 2. (Read 727 times)
Impressive article that talks about Bitcoin and Blockchain as being the next generation of money and web. 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 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
The blockchain is a write once, decentralized and secure database. While useful for many applications, it is not an interconnected network of networks and i fail to see the comparison. Freenet has a similar result, anything you publish there remains forever. Note that Freenet predates Bitcoin by a decade...
Hello forum users! In my opinion, Bitcoin and the Internet are two different things. Without the Internet you will not make a transaction in Bitcoin. Bitcoin is likely to closely adjoin payment systems, and can replace payment systems like Master Card or Visa, or other electronic wallets!
These two things are not related to each other. Blockchain is a technology for distributing and storing data. These two concepts will exist and develop together with each other.
the only relationship is the importance of internet as mean of cryptocurrency transaction. Without internet no cryptocurrency but there could be blockchain 
Blockchain can be mentioned as the new internet, and this hasn't got its usage or access all around. When each and everything gets integrated we can expect the internet services over the blockchain platform to be better than the common form of internet. Particularly I see it to be a big change maker on the countries where internet connectivity is still a hard task.
The internet has been functioning before the blockchain, Rather the Technology is a function of Blockchain, without Internet blockchain will not function across the nation.
Regardless of the paradigm that happened that the blockchain was said to be a new internet, I thought that was just speculation that could give positive things in this industry. In fact the blockchain is just basic data that is reinforced by thousands of computer networks that support the network, in short it only changes new ways to document something without a third party.
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
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
Well as of now there is no other technology that couldn't compare to Bitcoins growth of fame and price, and in fact there a so many investors that are interested in Blockchain technolgy. So maybe we could say it is the currently trend of the web, and surely there more people to come even the biggest names out there are joining too, like Facebook. So it could be as of now in my opinion, there is no doubt that Blockchain is somewhat interesting and the internet of our time.
Blockchain is definitely a remarkable invention and given birth by internet, however will it be as big as internet still yet to see. I believe it is here for very long and will make its own mark.
I'd widen the scope: Cryptography is the new internet
...and also the old internet.
But cryptography on regular web pages is hidden away from the cossetted user, you don't want any of that funny sounding stuff, you just want cat videos and memes, right?
Well, I think people are growing up, slowly, but surely. Not least, they're getting tired of the "fun" aspect of internet culture, there's only so much one can take of it without losing enthusiasm. When people realise they can use cryptography to get all the things that politics never delivers, there will be a shift in internet culture.
Yeah you can use the term old internet and new internet for all these.. but internet is just medium to use these Technologies.. ...and also the old internet.
But cryptography on regular web pages is hidden away from the cossetted user, you don't want any of that funny sounding stuff, you just want cat videos and memes, right?
Well, I think people are growing up, slowly, but surely. Not least, they're getting tired of the "fun" aspect of internet culture, there's only so much one can take of it without losing enthusiasm. When people realise they can use cryptography to get all the things that politics never delivers, there will be a shift in internet culture.
No it can't be possible.. because blockchain is third generation of web.. yeah it get success on future but it doesn't mean it convert in to internet.. because internet is just medium to run the blockchain technology.. without internet we can't use blockchain technology..
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.
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.
I can't agree 100% with you.Internet is the world wide web.The blockchain can be considered a web as well.
Both can be decentralized and both can have huge impact over our lives(the internet already has such impact).I'm thinking about a way use crypto mining for paying our internet bills.Imagine a bunch of nodes mining crypto that is used only for maintaining the world wide web infrastructure.
"It’s paperless, peer-to-peer, immutable, built on cryptographic principles, and cheaper."
Read more at https://cryptotradernews.com/fintech/next-generation-global-economy-and-web-3-0/
Well, this sounds like a marketing strategy for the Blockchain, but the reality is that it is not always true for every Blockchain technology out there. A public Blockchain technology normally adhere to these principles, but some private Blockchain technologies can bypass these features, because they have the single authority to do it.
Web 3.0 is still a pipe dream and Blockchain technology can trigger the next big shift, but then it needs wings and the freedom to fly in a unrestricted environment.
Read more at https://cryptotradernews.com/fintech/next-generation-global-economy-and-web-3-0/
Well, this sounds like a marketing strategy for the Blockchain, but the reality is that it is not always true for every Blockchain technology out there. A public Blockchain technology normally adhere to these principles, but some private Blockchain technologies can bypass these features, because they have the single authority to do it.
Web 3.0 is still a pipe dream and Blockchain technology can trigger the next big shift, but then it needs wings and the freedom to fly in a unrestricted environment.
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
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 is definitely the next generation of internet currency. It has already become big and growing at an exponential rate! However, the blockchain is still at a very nascent stage to call it a next web, even though bitcoin is one of the use cases of blockchain!
Research and development is ongoing by the smaller niche companies as mentioned in the article under fat tail analysis! Who knows, we will probably see another social media to replace Facebook or another eCom website to replace Amazon in future! But it's now little too early to call blockchain as the next web! Potential is obviously there but needs to be explored even further!
Not just yet. I know people love talking about the blockchain's potential, but the reality is that there are very few use cases for it at the moment. Its only mainstream (and I use the term loosely) use thus far is serving as the backbone of cryptocurrencies. That doesn't make it any less revolutionary, just that it hasn't been explored enough yet.
The number of dapps for internet users are getting larger just as how internet were. Years later the whole internet and local companies in your area could be using blockchain too. Social media and browsers are into blockchain already. It gets the job done for all that is needed from storing data to accounting.
You will soon find out not just facebook that will be joining the blockchain industry, the UPS and the thrifty shop near you will be.
You will soon find out not just facebook that will be joining the blockchain industry, the UPS and the thrifty shop near you will be.
Meh, no one is using blockchain today at any noticeable scale, it's the most vaporware technology among other tech fads like Internet of things or augmented reality. Bitcoin is the biggest blockchain thing by a mile, and still it's 11 transactions per second are almost all used by speculators, and it seems like gambling is the second biggest use case. So, before talking about blockchain, we should look at how Bitcoin evolves, because Bitcoin is clearly the leader now - it's ready to use, unlike projects that exist only on paper, it is tested, it is backed by community and miners.
These two things are not related to each other. Blockchain is a technology for distributing and storing data. These two concepts will exist and develop together with each other.
No way, internet is the core of Blockchain, as stated here internet lives without Blockchain, but Blockchain does not live without internet
This fact only make the internet more important, because great things we have in the world, only works with internet
This fact only make the internet more important, because great things we have in the world, only works with internet
In the world of technology we could say it's the next big thing that happened after the internet but then I think the two aren't comparable because they are two different technologies but very much related.
One major factor that separates the two is control, the blockchain is known for its decentralized nature while the internet is run centrally...a reason why the blockchain is growing popular quite fast because people want to do away with the heavy bureaucracy.
One major factor that separates the two is control, the blockchain is known for its decentralized nature while the internet is run centrally...a reason why the blockchain is growing popular quite fast because people want to do away with the heavy bureaucracy.
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