Of course, go with the obvious answer "Blockchain Technology".
Blockchain is the mother of all technologies. Even Cryptocurrency runs on blockchain. If you simply focus learning cryptocurrency development, you'll only be a part of the financial domain. Whereas with blockchain, you get to explore each and every domain. And cryptocurrency is included in it!
So, go ahead with blockchain without any doubt.
Topic: Future developers: Cryptocurrency or Blockchain Technology? - page 2. (Read 280 times)
Blockchain technology needed to be developed and i'm happy that it has started developing. I hope in future it'll provide my advantages with great features.
The blockchain is the mother of Crypto - Crypto can't go without the Blockchain
blockchain technology. The discovery of blockhain technology was a breakthrough innovation second only to the discovery of the Internet. As a result, it embodies various aspects of the law, since the discovery of blockchain dismantles the systems and paradigms that have been used by many,cryptocurrency is the form as a virtual object, then the object is estimated value by some people. As a result, the value of the market price moves volatile.
cryptocurrency is limited to just moving funds.
however blockchain(open public ledger) and DLT(closed private ledger) are beyond cryptocurrency, but also include cryptocurrency as a subcategory.
so dont limit yourselves to just cryptocurrency.
for cryptocurrencies, the future is going to be where the UTXO is more protected and validatable separately amungst peers than now. to allow for a faster 'service' to validate/lock payments while they wait to be double locked into a blockchain.
and where the blockchain is prunable. which i can see as only a few supernodes would end up holding the entire full blockchain and then individuals get a
reduced version of the archived blockchain bar the most recent 6-12 months which would be full blockdata. and where the UTXO set wil be organised in such a way that that users are not waiting minutes for a 'confirm'/lock.
for blockchain /DLT, the future is going to be where the network is multichained, imagine it like the swift network where each bank branch has a chain for lets say 10,000 bank customers and then the network valudates the most recent blocks of each chain as a governnance audit of all the chains of the network to double strengthen the network while not having to have all nodes store all chains. thus reducing the data load of nodes. and thus allow speedier service to users.
the data does not have to be financial.
instead of bank branches of 10,000 customers chained. it could be
a medical practictioner office with 10,000 patients registered per chain and the data being their medical history.
a school/college of 10,000 students per chain and the data being their grades, attendance, etc
the important thing about where blockchain /DLT will be useful to solve issues. is in use cases where data NEEDS to be in more than one location.
many people foolishly create blockchains where the distribution of data is not about needing the data in multiple locations for data use. but putting the data in multiple locations purely to validat/lock data which is then only served/managed/displayed from one location/source (facepalm)
EG a guy asks his wife, kids and pet dog to double check the guys maths.. but in the end the guy then only shows his data at a central office presentation as the data itself is only useful in the office. meaning the wife,kids and dogs dont need to keep the data as its not something they need to see again after validating as its of no interest to them. thus wasting the families resources and time each keeping thee data after validaton
so if you want problems to solve. think about not creating blockchains where it makes random non interested parties validate it purely for security and then not need(no incentive) to see/use all the data later. but where multiple parties NEED to see/use all the data ongoing and they all are part of the validation, thus have incentive to keep/audit the data ongoing
EG not need all students to hold all records of every student for the rest of their lives, but where each school validates other schools and the schools hold the blockchain both for government auditing and student access of individual records.
however blockchain(open public ledger) and DLT(closed private ledger) are beyond cryptocurrency, but also include cryptocurrency as a subcategory.
so dont limit yourselves to just cryptocurrency.
for cryptocurrencies, the future is going to be where the UTXO is more protected and validatable separately amungst peers than now. to allow for a faster 'service' to validate/lock payments while they wait to be double locked into a blockchain.
and where the blockchain is prunable. which i can see as only a few supernodes would end up holding the entire full blockchain and then individuals get a
reduced version of the archived blockchain bar the most recent 6-12 months which would be full blockdata. and where the UTXO set wil be organised in such a way that that users are not waiting minutes for a 'confirm'/lock.
for blockchain /DLT, the future is going to be where the network is multichained, imagine it like the swift network where each bank branch has a chain for lets say 10,000 bank customers and then the network valudates the most recent blocks of each chain as a governnance audit of all the chains of the network to double strengthen the network while not having to have all nodes store all chains. thus reducing the data load of nodes. and thus allow speedier service to users.
the data does not have to be financial.
instead of bank branches of 10,000 customers chained. it could be
a medical practictioner office with 10,000 patients registered per chain and the data being their medical history.
a school/college of 10,000 students per chain and the data being their grades, attendance, etc
the important thing about where blockchain /DLT will be useful to solve issues. is in use cases where data NEEDS to be in more than one location.
many people foolishly create blockchains where the distribution of data is not about needing the data in multiple locations for data use. but putting the data in multiple locations purely to validat/lock data which is then only served/managed/displayed from one location/source (facepalm)
EG a guy asks his wife, kids and pet dog to double check the guys maths.. but in the end the guy then only shows his data at a central office presentation as the data itself is only useful in the office. meaning the wife,kids and dogs dont need to keep the data as its not something they need to see again after validating as its of no interest to them. thus wasting the families resources and time each keeping thee data after validaton
so if you want problems to solve. think about not creating blockchains where it makes random non interested parties validate it purely for security and then not need(no incentive) to see/use all the data later. but where multiple parties NEED to see/use all the data ongoing and they all are part of the validation, thus have incentive to keep/audit the data ongoing
EG not need all students to hold all records of every student for the rest of their lives, but where each school validates other schools and the schools hold the blockchain both for government auditing and student access of individual records.
As a Computer Science student, one of our dreams is to become a successful developer. Both Cryptocurrency and blockchain technology amazed me and i can see that its still improving through the generation.
The question is, what should developers need to be more focused on their future projects, making a better cryptocurrency or developed a project that will maximize the blockchain technology. Both of these fields are a contribution to the society, what's your thoughts in here?
The question is, what should developers need to be more focused on their future projects, making a better cryptocurrency or developed a project that will maximize the blockchain technology. Both of these fields are a contribution to the society, what's your thoughts in here?
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