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Topic: If the internet is down in the future - page 5. (Read 1002 times)

legendary
Activity: 2716
Merit: 1225
Once a man, twice a child!
October 15, 2021, 01:04:58 PM
#83
You know, in various instances I have asked scary questions on what would become the fate of cryptocurrencies if by chance the internet packs up. For a  few hours last week that the Mark Zuckerberg media sites of Facebook, WhatsApp, Instagram went down, some of us saw the devastating effect of that disconnection on businesses and our personal lives. Now, take such happenstance to the crypto industry. That would be a theatre of frustration. The industry will be badly hit if that happened. But come to think of it, is there any facet of our lives that isn't ruled and controlled by the internet? None. Be it aviation, banking, medicine, just name it; they're controlled by the internet. However, I sincerely wish there could be such projects in the crypto space that could function well without the internet.
sr. member
Activity: 2436
Merit: 343
October 15, 2021, 11:46:21 AM
#82
I can say that the crypto space will shut down. But that is almost zero possibility as we are living now comfortably on the internet and we can't deny that it was very useful to everyone. And to find no reason why it should have to stop but rather to improves like providing internet to the rural areas where internet never exists.

Is there any crypto project that can transacts without the internet? I heard there was one two years ago I couldn't remember the name again but why isn't such project doing so well today? If the internet goes down in future this type of project will be useful don't you think?

I am unaware of that project. Most project that I knew requires transaction in the internet. I'm kinda curious now how does the team plan to make their project into operation. Yes we all know its useful but I'm thinking hard if it is really possible. On the other hand, knowing rechnolgy kept improving I think internet will never goes down also. It is already a part of it.
That is literally a big scam in the crypto space. Haven't heard this or have read it in news, and I don't think it will succeed if there is. I've become uncertain how it exists but for sure, it never has that chance to develop as there is no fortune with that.
sr. member
Activity: 882
Merit: 253
October 15, 2021, 11:35:41 AM
#81
Is there any crypto project that can transacts without the internet? I heard there was one two years ago I couldn't remember the name again but why isn't such project doing so well today? If the internet goes down in future this type of project will be useful don't you think?

I am unaware of that project. Most project that I knew requires transaction in the internet. I'm kinda curious now how does the team plan to make their project into operation. Yes we all know its useful but I'm thinking hard if it is really possible. On the other hand, knowing rechnolgy kept improving I think internet will never goes down also. It is already a part of it.
hero member
Activity: 2828
Merit: 611
October 15, 2021, 12:40:22 AM
#80
Is there any crypto project that can transacts without the internet? I heard there was one two years ago I couldn't remember the name again but why isn't such project doing so well today? If the internet goes down in future this type of project will be useful don't you think?
Well, the internet won’t go down in future for any reason, because there are lots of things that we do in our day-to-day lives that has to do with the internet. So, if the internet should go down a lot of things would be affected around the world, and even if does go down, it wouldn’t waste time for it to get fixed again by the right body.

And as for wallets that can let you transfer cryptocurrency when you’re offline, so far I have not seen any wallet that has such features, except on Visa; they rolled out a feature that would let people transfer cryptocurrency without an internet connection, but it’s only USDT that they are accepting. Maybe you should read more on it yourself, there might still be other wallets that will offer that feature.
full member
Activity: 1190
Merit: 117
October 14, 2021, 07:03:08 PM
#79
Is there any crypto project that can transacts without the internet? I heard there was one two years ago I couldn't remember the name again but why isn't such project doing so well today? If the internet goes down in future this type of project will be useful don't you think?
I don't think any such project exists right now. And I don't think it would be possible to have any blockchain that isn't connected to the internet. The internet is needed so that your transactions are known to the miners who can "add it to the chain" and keep everything updated. If the internet goes down, the whole bitcoin and crypto currency network will go down. How are they going to update your balance without the internet?

I can't imagine how blockchain technology would work without the internet, it's logically impossible. Therefore for crypto haters the best way to
make crypto die is not by spreading FUD, but rather by shutting down the entire internet worldwide, which is impossible. The conclusion is
that cryptocurrency cannot run without the internet, because the internet is an important thing that must exist if we want to make
cryptocurrency transactions.
copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
October 14, 2021, 06:53:38 PM
#78
Is there any crypto project that can transacts without the internet? I heard there was one two years ago I couldn't remember the name again but why isn't such project doing so well today? If the internet goes down in future this type of project will be useful don't you think?
I don't think any such project exists right now. And I don't think it would be possible to have any blockchain that isn't connected to the internet. The internet is needed so that your transactions are known to the miners who can "add it to the chain" and keep everything updated. If the internet goes down, the whole bitcoin and crypto currency network will go down. How are they going to update your balance without the internet?
sr. member
Activity: 1652
Merit: 299
October 14, 2021, 03:42:46 PM
#77
XRP can be transacted now without internet. The Chinese YUAN can too.
If you have any source about this news please give here link because I already searched and have nothing. The Chinese YUAN is not digital or cryptocurrency, it's very simply fiat currency and these can live without Internet.

Now life is really nothing without this because in last 2 years when all was shut down and nothing was possible then Internet was on and peoples was really taking some good advantage of this just because of this after 2019 we have some magnificent growth in internet related jobs and works. My feeling is we all will be dumb, specially peoples in big cities and rural areas can survive some better.
hero member
Activity: 952
Merit: 513
October 14, 2021, 03:31:59 PM
#76
Is there any crypto project that can transacts without the internet? I heard there was one two years ago I couldn't remember the name again but why isn't such project doing so well today? If the internet goes down in future this type of project will be useful don't you think?

Well, I think that if the internet is down investing in crypto is probably one of your least concerns.

But yes, there are certain technologies that already allow for transactions to occur without internet. I believe there was one that you can just SMS and then it will be able to relay a transaction for you through satellite technology.

Don't worry though, this sort of apocalyptic event is probably not going to happen.
member
Activity: 560
Merit: 57
October 14, 2021, 03:26:25 PM
#75
Without the internet, I don't think that there is any way to make our transactions with any kind of cryptocurrency. Because these transactions are made through a network or Blockchain. And the internet is one of the musts for a person to make it happen. But maybe technically, there is a possibility to invent a technology that will help people end the need for the internet to transact. But I guess that we'll not find out such thing now.
full member
Activity: 644
Merit: 105
October 14, 2021, 02:52:24 PM
#74
XRP can be transacted now without internet. The Chinese YUAN can too.

I never know this one, im curious how both platform can verify and approve each transaction that made when its offline?
full member
Activity: 742
Merit: 102
Second Live
October 14, 2021, 04:46:04 AM
#73
Is there any crypto project that can transacts without the internet? I heard there was one two years ago I couldn't remember the name again but why isn't such project doing so well today? If the internet goes down in future this type of project will be useful don't you think?
I think you need to rethink some things when it is the most important factors to run human life.
And I am confident and tell you that what you think is not possible, and even if the internet system has a paragraph, it is not necessary to come up with an idea for a trading project without internet.

But I don't know if I'm mistaken, but I read about a project that uses cell phones to build transaction reports without internet.
member
Activity: 658
Merit: 11
CRYPTO WEB3 NEOBANK
October 14, 2021, 04:41:18 AM
#72
Is there any crypto project that can transacts without the internet? I heard there was one two years ago I couldn't remember the name again but why isn't such project doing so well today? If the internet goes down in future this type of project will be useful don't you think?
Yes, of course. all will die. As far as I know, all crypto projects and anything related to crypto are still using the internet and it's impossible to run without an internet network.
but now the technology in the world is getting more sophisticated with the ease with which it is created so many things are done with the internet it is very unlikely that the internet will die unless the apocalypse comes and the world is destroyed.
sr. member
Activity: 742
Merit: 250
October 14, 2021, 03:45:22 AM
#71
Is there any crypto project that can transacts without the internet? I heard there was one two years ago I couldn't remember the name again but why isn't such project doing so well today? If the internet goes down in future this type of project will be useful don't you think?
I have never heard of any crypto project that does not need the internet to use and make transaction. Maybe in the future such technologies will be developed but I think the internet is an indispensable factor, especially in the crypto space. Internet is very important in today's life. Blockchains always need the internet to connect and make transactions
jr. member
Activity: 840
Merit: 6
October 14, 2021, 02:20:53 AM
#70
XRP can be transacted now without internet. The Chinese YUAN can too.
hero member
Activity: 2072
Merit: 656
PredX - AI-Powered Prediction Market
October 13, 2021, 07:59:21 PM
#69
There may be someday later that the internet may be off, but if it is off all around the world, we can not predict it.
However, most activities about cryptos are related to the needs and use of internet connections. We will need the internet to access our online wallets, access exchanges, doing trading, and do other transactions.
We will need the internet and without it, we are stuck and cannot do anything.
However, if we are saving our assets on hardware wallets, we can access them, but we cannot do more.

We can realize that internet is very crucial and important for us, especially in this technology era, where many activities are done online to link the worlds clsoer.
sr. member
Activity: 994
Merit: 441
October 13, 2021, 07:38:31 PM
#68
We know that the whole world is now dependent on the Internet. The whole world is using the internet at the same time. If this internet system is shut down for a day or two, we will lose a lot.However, as far as I believe, this internet system is not going to be shut down. As the days go by and the internet system is going to get more advanced. No no no no.
full member
Activity: 644
Merit: 105
October 13, 2021, 07:29:05 PM
#67
Not about the internet but can we build a network base on other forms of communication? Say, someone, launch a satellite that take this exclusive signal to keep and maintain an exclusive blockchain. I don't know how dumb or possible my question looks since I'm very noob about this but I think if a crypto project is able to do this, they don't have to worry one day, the internet around the world go down.

A Satellite for a blockchain infrastructure would be quiet slow and expensive, nobody would afford it. Internet is the reasonal infrastructure at this time, its fast and cheap, also it can be accessed on most place in the world.
sr. member
Activity: 656
Merit: 251
www.fintropy.io
October 13, 2021, 07:06:45 PM
#66
How do you imagine it? It seems to me that the likelihood of such an outcome is now extremely small. After all, he will already provide, and this is one of the reasons why Elon Musk launched Starlink. But even if the entire network falls one day, then we will be in a very interesting position, because technologies will appear that can locally restore the network, and then the prices for the crypt can be much higher than now.
member
Activity: 753
Merit: 15
mulierum.com
October 13, 2021, 06:11:44 PM
#65
what I know is that the crypto world or blockchain technology can be used if we have an internet connection, and if the internet connection is disconnected then crypto will also die. But we don't know what will happen in the future, maybe it can happen even without internet. but so far I haven't come across such a project or maybe I don't know about it. but maybe from now on there will be projects that are prepared if this is possible, so let's just follow the flow.
sr. member
Activity: 2590
Merit: 322
SOL.BIOKRIPT.COM
October 13, 2021, 05:51:29 PM
#64
So far I've never heard of a crypto project that can transact without the internet, and this I may never have gotten at all for me, and even if there is a crypto project, what kind and what is the name of the project, I also want to know how the project is project life without internet
I never come across any project without internet too, however that does not mean creating such a project is not possible or feasible, of course developers might devise a means of transaction cryptos maybe via SMS or other non internet  related means in the nearest future, we are in jet age with advancement in technology, developers may conceptualize such idea and develop it as a project then turning it a reality, I think in years ahead something of that nature will come into effect.
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