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Topic: Do we need blockchain technology? - page 7. (Read 13348 times)

full member
Activity: 222
Merit: 100
April 07, 2019, 07:21:59 AM
Of course we need this technology. Since it have highly security who keep our money in safe hands also this site is using world wide the most trusted website and hacked free. We can't chose banks to store our valuable currency because no banks can accept it due to its decentralized.
hero member
Activity: 2814
Merit: 618
Leading Crypto Sports Betting & Casino Platform
April 06, 2019, 11:23:41 PM
Yes, most of these projects are uncalled for and those who are running those projects are just doing it to make their money and that’s it. I see all these projects, but I still wake up and see that another person copied the same project, quite funny. And they be expecting people to invest in projects that are not unique.
With every new change in technology, we will see these kind of people who try to make money from the new change and the people who invest in those must have a clue on what they are really up to, but still they wanted to invest thinking they will make a huge return and nothing else. Some learn the hard way and some get lucky by earning huge returns.


The truth is that I have seen a lot of claims on what the blockchain can be used for, but none of them are being fulfilled at all. I have seen and heard a lot of things, but this one of election is what I’m just seeing today. I don’t know how that works or how exactly Blockchain is going to help to curb election rigging. The way it is built, that seems impossible to me, but I will do some research though.
It is a new technology and it will take some time for everyone to come up with new ideas on how to implement it so that the general public will have a good service in the end.
 It is best technology which has lots of benefits for us as investors and we can make progress economically and socially, because blockchain is something very good and valuable to store our bitcoin for long term with surety about security, in many companies blockchain is being use for sending money online.
Blockchain is the best creation as it has allot of benefits for us, we can keep our investment in blockchain as long as we want it is not able to hack and not even able to be steal, it has strong safely keys which is not good to share, blockchain is being use all over the world in many well known companies as huge amount of money transaction.

Blockchain is the best technology and it should be used worldwide. Even the world top universities are offering crypto courses as they foresee that the future is of bitcoins. You can read more about it on the below cointelegraph article.
https://cointelegraph.com/news/coinbase-research-42-of-top-50-universities-offer-at-least-one-crypto-related-class

No doubt in future we will see full time courses and study on crypto.
sr. member
Activity: 994
Merit: 256
April 06, 2019, 02:14:48 PM
Hello everyone.

When I see there are too many ICO and shitcoins on novaexchange. I keep asking myself: do we really need blockchain technology?

In case of Bitcoin. Of course, I agree.
What about ETH? I agree too.

But, have a look at the others on the market. I don't even know why should people use their service. There is no real use in real life.

An ad management system on blockchain? - We already had Google Ads & Facebook Ads.
A social network on blockchain? (steem) - Do we? I don't see anything but a centralized forum hosted on a random hosting using its currency to pay for the writers.

There are too many projects  that we don't really need it on blockchain.

Sometimes, I think there is a black swan (Blockchain is useless in real life) lurking around.

do you like the centralised google??facebook?
They are big brothers watching you, all the data are on their hands, they seduce you with high accuracy ads, target you and your pocket, you are seduced to give out your money, how does that sound?
Nice example mate, there are few things what can never be controlled we are happy with it if they are independent, we are in need to develop and promote the digital system so that it will improve our life for better, blockchain is the most important thing for me it helps me money transaction, digital system we you elaborated it sounds well to everyone the same way it does to me.

Right I am one of those who is surely happy with decentralization and independent system of crypto currency but the problem is, there are some scammers and hackers who are there only to give us lose and to take advantage of our unawareness so in this kind of situation I think blockchain is the best way to save your coin for long term as long you want.
We even should not be that silly because if bitcoin or crypto currency will become the same as fait then it becomes worthless to invest as there will be no different between crypto currency and fait currency, people invest for decentralization, it is not risk or disadvantage but it is an advantage to get the opportunity of buying low and selling higher, for this we really need block chain to save it for long term and use reliably.
hero member
Activity: 1092
Merit: 501
April 01, 2019, 01:35:25 PM
Hello everyone.

When I see there are too many ICO and shitcoins on novaexchange. I keep asking myself: do we really need blockchain technology?

In case of Bitcoin. Of course, I agree.
What about ETH? I agree too.

But, have a look at the others on the market. I don't even know why should people use their service. There is no real use in real life.

An ad management system on blockchain? - We already had Google Ads & Facebook Ads.
A social network on blockchain? (steem) - Do we? I don't see anything but a centralized forum hosted on a random hosting using its currency to pay for the writers.

There are too many projects  that we don't really need it on blockchain.

Sometimes, I think there is a black swan (Blockchain is useless in real life) lurking around.

do you like the centralised google??facebook?
They are big brothers watching you, all the data are on their hands, they seduce you with high accuracy ads, target you and your pocket, you are seduced to give out your money, how does that sound?
Nice example mate, there are few things what can never be controlled we are happy with it if they are independent, we are in need to develop and promote the digital system so that it will improve our life for better, blockchain is the most important thing for me it helps me money transaction, digital system we you elaborated it sounds well to everyone the same way it does to me.

Right I am one of those who is surely happy with decentralization and independent system of crypto currency but the problem is, there are some scammers and hackers who are there only to give us lose and to take advantage of our unawareness so in this kind of situation I think blockchain is the best way to save your coin for long term as long you want.
sr. member
Activity: 1236
Merit: 252
March 31, 2019, 04:18:13 PM
Hello everyone.

When I see there are too many ICO and shitcoins on novaexchange. I keep asking myself: do we really need blockchain technology?

In case of Bitcoin. Of course, I agree.
What about ETH? I agree too.

But, have a look at the others on the market. I don't even know why should people use their service. There is no real use in real life.

An ad management system on blockchain? - We already had Google Ads & Facebook Ads.
A social network on blockchain? (steem) - Do we? I don't see anything but a centralized forum hosted on a random hosting using its currency to pay for the writers.

There are too many projects  that we don't really need it on blockchain.

Sometimes, I think there is a black swan (Blockchain is useless in real life) lurking around.

do you like the centralised google??facebook?
They are big brothers watching you, all the data are on their hands, they seduce you with high accuracy ads, target you and your pocket, you are seduced to give out your money, how does that sound?
Nice example mate, there are few things what can never be controlled we are happy with it if they are independent, we are in need to develop and promote the digital system so that it will improve our life for better, blockchain is the most important thing for me it helps me money transaction, digital system we you elaborated it sounds well to everyone the same way it does to me.
full member
Activity: 826
Merit: 111
March 28, 2019, 02:36:18 PM
Every sector has realized the importance of its integration in their own fields especially the financial sectors in the governments and in IT sectors as well. I recently completed course on block-chain which was initiated by the organization where i do my regular job. Many are not aware of its acceptance in every field. I am sure in few years, yes the demand  will certainly increase a lot.
hero member
Activity: 1078
Merit: 501
March 28, 2019, 01:31:58 PM
Yes, most of these projects are uncalled for and those who are running those projects are just doing it to make their money and that’s it. I see all these projects, but I still wake up and see that another person copied the same project, quite funny. And they be expecting people to invest in projects that are not unique.
With every new change in technology, we will see these kind of people who try to make money from the new change and the people who invest in those must have a clue on what they are really up to, but still they wanted to invest thinking they will make a huge return and nothing else. Some learn the hard way and some get lucky by earning huge returns.


The truth is that I have seen a lot of claims on what the blockchain can be used for, but none of them are being fulfilled at all. I have seen and heard a lot of things, but this one of election is what I’m just seeing today. I don’t know how that works or how exactly Blockchain is going to help to curb election rigging. The way it is built, that seems impossible to me, but I will do some research though.
It is a new technology and it will take some time for everyone to come up with new ideas on how to implement it so that the general public will have a good service in the end.
  It is best technology which has lots of benefits for us as investors and we can make progress economically and socially, because blockchain is something very good and valuable to store our bitcoin for long term with surety about security, in many companies blockchain is being use for sending money online.
Blockchain is the best creation as it has allot of benefits for us, we can keep our investment in blockchain as long as we want it is not able to hack and not even able to be steal, it has strong safely keys which is not good to share, blockchain is being use all over the world in many well known companies as huge amount of money transaction.
hero member
Activity: 1148
Merit: 527
March 28, 2019, 12:34:05 PM
Online technologies were really a subject for any hacking activities as it came today that many IT expert studying this illegal thing. They'll have purpose also of doing this but it only ruin into the community.
Blockchain technology is getting hot and very attractive to the crowd, its a huge market investment to the companies whoa want to used this one plus the security be needed. Now, if they'll wanting to used this technology just be assured that they'll have that strong keys and back-up files to save from being hack.
There are lots of things that have been said about Blockchain technology, but the truth is that one of them has been proven till today except for transaction. The only thing we are all sure about is that it can be used for transaction and there is nothing else we are sure of. Some people has said that it can help in election, and can make it transparent and quick. Let's keep waiting to see how it's going to be.

Regardless of what we are understanding the potential of blockchain or how effectively we are going to implement the blockchain technology, only the future of cryptocurrencies will be deciding the fate of blockchain technology as it is the first real life product based on blockchain technology.
sr. member
Activity: 1932
Merit: 442
Eloncoin.org - Mars, here we come!
March 27, 2019, 08:01:41 PM
I don't think we really need all those shitcoin and fail projects.  I am also an opinion that bitcoin and ethereum are OK for us and every other coins have no need to be exist. Cryptocurrencies market is expanding and it creates more problems than solutions.
I am not really against new projects what I am against is the use that some scammers are giving to cryptocurrencies, if a software developer is willing to invest his time and efforts trying to create something better than bitcoin and fails to me that is a fair use of cryptocurrencies because we are all interested in the progress of the technology but most the time that is not what happens, scammers just make it seem as if that is what they are trying to achieve but they only care about their financial benefit.
Online technologies were really a subject for any hacking activities as it came today that many IT expert studying this illegal thing. They'll have purpose also of doing this but it only ruin into the community.
Blockchain technology is getting hot and very attractive to the crowd, its a huge market investment to the companies whoa want to used this one plus the security be needed. Now, if they'll wanting to used this technology just be assured that they'll have that strong keys and back-up files to save from being hack.
Well, I really agree with the statement. Indeed, there's no safe when it comes internet there's a prone of hacking. Hackers now are smartest than us they have different strategies on how to fool people. And here we come the blockchain technology which is can contribute to protecting you as long as you know how to keep private key on your wallet and saving back up seed phrase. And it is also traceable from possible hacking because of transparency transaction and it is documented in the blockchain.
hero member
Activity: 2828
Merit: 518
March 27, 2019, 06:31:14 PM
I don't think we really need all those shitcoin and fail projects.  I am also an opinion that bitcoin and ethereum are OK for us and every other coins have no need to be exist. Cryptocurrencies market is expanding and it creates more problems than solutions.
I am not really against new projects what I am against is the use that some scammers are giving to cryptocurrencies, if a software developer is willing to invest his time and efforts trying to create something better than bitcoin and fails to me that is a fair use of cryptocurrencies because we are all interested in the progress of the technology but most the time that is not what happens, scammers just make it seem as if that is what they are trying to achieve but they only care about their financial benefit.
Online technologies were really a subject for any hacking activities as it came today that many IT expert studying this illegal thing. They'll have purpose also of doing this but it only ruin into the community.
Blockchain technology is getting hot and very attractive to the crowd, its a huge market investment to the companies whoa want to used this one plus the security be needed. Now, if they'll wanting to used this technology just be assured that they'll have that strong keys and back-up files to save from being hack.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
March 26, 2019, 03:05:57 PM
I don't think we really need all those shitcoin and fail projects.  I am also an opinion that bitcoin and ethereum are OK for us and every other coins have no need to be exist. Cryptocurrencies market is expanding and it creates more problems than solutions.
I am not really against new projects what I am against is the use that some scammers are giving to cryptocurrencies, if a software developer is willing to invest his time and efforts trying to create something better than bitcoin and fails to me that is a fair use of cryptocurrencies because we are all interested in the progress of the technology but most the time that is not what happens, scammers just make it seem as if that is what they are trying to achieve but they only care about their financial benefit.
sr. member
Activity: 994
Merit: 252
March 26, 2019, 02:25:16 PM
Yes, most of these projects are uncalled for and those who are running those projects are just doing it to make their money and that’s it. I see all these projects, but I still wake up and see that another person copied the same project, quite funny. And they be expecting people to invest in projects that are not unique.
With every new change in technology, we will see these kind of people who try to make money from the new change and the people who invest in those must have a clue on what they are really up to, but still they wanted to invest thinking they will make a huge return and nothing else. Some learn the hard way and some get lucky by earning huge returns.


The truth is that I have seen a lot of claims on what the blockchain can be used for, but none of them are being fulfilled at all. I have seen and heard a lot of things, but this one of election is what I’m just seeing today. I don’t know how that works or how exactly Blockchain is going to help to curb election rigging. The way it is built, that seems impossible to me, but I will do some research though.
It is a new technology and it will take some time for everyone to come up with new ideas on how to implement it so that the general public will have a good service in the end.
  It is best technology which has lots of benefits for us as investors and we can make progress economically and socially, because blockchain is something very good and valuable to store our bitcoin for long term with surety about security, in many companies blockchain is being use for sending money online.
member
Activity: 1092
Merit: 29
'Free as a bird'
March 26, 2019, 11:23:29 AM
I just seen this thread. You ask, "Do we need blockchain technology?", Well, I guess we need it. We need transparency, esspecially in my country, I hate corrupt officials. Yes, like that, I hope blockchain technology will be implemented in goverment and revolutinize my country. Just my opinion..

Just like your said, "too many ICO and shitcoins", I aggree with you mate, so that's why in investment I always choose the great project and backed in real product like Robotina.
hero member
Activity: 2814
Merit: 911
Have Fun )@@( Stay Safe
March 25, 2019, 04:20:35 PM
Yes, most of these projects are uncalled for and those who are running those projects are just doing it to make their money and that’s it. I see all these projects, but I still wake up and see that another person copied the same project, quite funny. And they be expecting people to invest in projects that are not unique.
With every new change in technology, we will see these kind of people who try to make money from the new change and the people who invest in those must have a clue on what they are really up to, but still they wanted to invest thinking they will make a huge return and nothing else. Some learn the hard way and some get lucky by earning huge returns.


The truth is that I have seen a lot of claims on what the blockchain can be used for, but none of them are being fulfilled at all. I have seen and heard a lot of things, but this one of election is what I’m just seeing today. I don’t know how that works or how exactly Blockchain is going to help to curb election rigging. The way it is built, that seems impossible to me, but I will do some research though.
It is a new technology and it will take some time for everyone to come up with new ideas on how to implement it so that the general public will have a good service in the end.
sr. member
Activity: 924
Merit: 260
March 25, 2019, 02:35:27 PM
I don't think we really need all those shitcoin and fail projects.  I am also an opinion that bitcoin and ethereum are OK for us and every other coins have no need to be exist. Cryptocurrencies market is expanding and it creates more problems than solutions.
hero member
Activity: 2968
Merit: 687
March 25, 2019, 12:57:42 PM
We need blockchain technology but it's necessary to know how use it properly.
Blockchain helps to increase transaction and also gives us some information services.
At this point, blockchain still used for crypto transfers recording but some individuals look something different which they'll tried to used it in others way.  Blockchain technology is still under development and for sure not only it stops like this and it surely contribute a lots of usage in the coming years where investors will find new ones. 
It might have some disadvantage if its being used on other way around but majority blockchain technology is a great invention or discovery.It do
make transactions even more faster than manpower and when it comes to transparency then it do have it thats why some institutions are considering
to adopt this tech.
sr. member
Activity: 2828
Merit: 344
win lambo...
March 24, 2019, 06:37:29 PM
We need blockchain technology but it's necessary to know how use it properly.
Blockchain helps to increase transaction and also gives us some information services.
At this point, blockchain still used for crypto transfers recording but some individuals look something different which they'll tried to used it in others way.  Blockchain technology is still under development and for sure not only it stops like this and it surely contribute a lots of usage in the coming years where investors will find new ones. 
full member
Activity: 602
Merit: 118
March 24, 2019, 02:52:06 PM
Another argument that's often repeated against the ban on blockchain is that in the era of the global internet economy in reality "individual governments do not have the authority to act against decentralized currencies such as bitcoin that run on the blockchain network". I think the blockchain is an example of a computing system that has a high Byzantine Fault Tolerance distribution, as smart contracts, and in fact the blockchain is designed to be safe. So far the benefits of the blockchain seem to be effective because this technology has a wide range of functions so many of the stakeholders implement this technology especially in developing their digital solutions both now and in the future.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
March 20, 2019, 12:27:35 PM
snip

Apart from cryptocurrency I believe that there are still lots of other reasons as to why we will need blockchain. Some experts believes that blockchain can do more than just being a system for recording cryptocurrency transaction. Some has said that it can be used in businesses, starting from real estate to entertainment.
You can use cryptocurrencies in whatever you want but what we do not know is how effective those solutions are going to be compared to centralized solutions and if it is worth to change the way you do things now and to adopt a completely new approach with the blockchain, in the case of bitcoin the blockchain is key because without it governments could have seized the servers where the database was stored and destroyed bitcoin that way but since each full node has a copy of the blockchain and there are thousands of them they cannot do that.
sr. member
Activity: 994
Merit: 256
March 19, 2019, 02:40:28 PM
by the existence of the blockchaiin technology, it helps us to prevent corruption and corporate fraud, it can also help in the fight against hacking.
Talk of corruption, do you think it really can help stop corruption? People always find ways to commit crimes ,no matter what you do to stop. But I have heard that blockchain can be used for voting and election cause it can provide an unhackable system for the government, which will be a public system which will help to count votes faster.

Apart from cryptocurrency I believe that there are still lots of other reasons as to why we will need blockchain. Some experts believes that blockchain can do more than just being a system for recording cryptocurrency transaction. Some has said that it can be used in businesses, starting from real estate to entertainment.
I think crypto currency has no connection with all this, blockchain is a pure invention which can be use for anything we really want in our life, so as well as we want we can use it, some are using it to store our coin for long term and some are using it to have money transaction from one place to the other faster than sending money by money order or banking system.
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