Inquiry on Blockchain. | Bitcointalksearch.org

The Cryptovator

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Quote from: jademaxsuy on July 25, 2020, 06:49:44 AM

1. Could be the team get their funds out from their pocket in the making of this technology or is it like from the crowd (crowdsourcing projects).

Developers don't need money to develop anything they know. It's just a matter of time. For a more easy explanation, just imagine, you know how to code a website completely. So if you want to create a website then you just need to buy domain hosting, that's it and I don't think it's a big deal.

Quote from: jademaxsuy on July 25, 2020, 06:49:44 AM

2. Could they be using resources like supercomputer for blockchain tech to operate blockchain tech?

Depends on, truly decentralized blockchain like bitcoin doesn't require supercomputers. It has been operating by the peer to peer computer system. Even you may help if you could download the whole bitcoin blockchain, you don't need to have a supercomputer.

Quote from: jademaxsuy on July 25, 2020, 06:49:44 AM

3.Could be that bitcoin and blockchain were both being made by the same team or individual or organization/group?

Here you will fund history of blockchain. https://en.m.wikipedia.org/wiki/Blockchain

Quote from: jademaxsuy on July 25, 2020, 06:49:44 AM

4. Does bitcoin, satoshi, theymos and malta island as the blockchain island connected to each other?

Everyone Satoshi until he revealed himself with appropriate evidence, regarding Malta, it's their own business. It doesn't prove they are related or creator of bitcoin.

joniboini

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Quote from: hatshepsut93 on July 26, 2020, 05:29:09 AM

Blockchain is just one part of the Bitcoin protocol, so like the rest of it, it was created by Satoshi.

I'd say satoshi was the one of the first one who actually implemented it, not "created" it. The idea itself, as already mentioned above, already exist before.

Quote from: jademaxsuy on July 25, 2020, 06:49:44 AM

4. Does bitcoin, satoshi, theymos and malta island as the blockchain island connected to each other?

What makes you think so? Malta is famous for its ICO and exchange friendly rules, they do it to get money from taxes.

hatshepsut93

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Quote from: jademaxsuy on July 25, 2020, 06:49:44 AM

Here is a list of question regarding on blockchain that you can try to answer. I have only slight idea about it so I guess this is a better place to ask for it.

1. Could be the team get their funds out from their pocket in the making of this technology or is it like from the crowd (crowdsourcing projects).

2. Could they be using resources like supercomputer for blockchain tech to operate blockchain tech?

You need to understand that there are public blockchains, which are overwhelmingly open source, and private blockchains, which are often closed source. Public blockchains are ideally developed by enthusiasts and are run on a decentralized network by regular users, while private blockchains are developed by hired programmers and are hosted on private servers.

Quote from: jademaxsuy on July 25, 2020, 06:49:44 AM

3. Bitcoin and blockchain is not synonymous and blockchain could work without digital currencies but it was design so that bitcoin could work from its features on p2p and anonymity. Because of blockchain all transactions are recorded and has become transparent making it trusthworty and secure.

Blockchain is just one part of the Bitcoin protocol, so like the rest of it, it was created by Satoshi. Years later, other people started taking this idea and trying to apply it to other fields, which is now known as "blockchain technology".

Maus0728

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Quote from: jademaxsuy on July 25, 2020, 06:49:44 AM

1. Could be the team get their funds out from their pocket in the making of this technology or is it like from the crowd (crowdsourcing projects).

I don't think ICO or any other projects use their own money to produces useless token (obviously). They can even start their project from scratch without sacrificing their hard earned money. It only takes a few lines of codes, social media account, bitcointalk announcements etc..

Quote from: jademaxsuy on July 25, 2020, 06:49:44 AM

Could be that bitcoin and blockchain were both being made by the same team or individual or organization/group?

The idea of blockchain before bitcoin exist during the early years of 1991. It was Stuart Haber and W. Scott Stornetta where they introduced the use of blockchain for timestamping digital document.
[1] https://www.anf.es/pdf/Haber_Stornetta.pdf

Here is also an interview of the renowned father of blockchain as they claim it.
[2] https://www.youtube.com/watch?v=xI2QHg61ArY

pooya87

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Quote from: jademaxsuy on July 25, 2020, 06:49:44 AM

1. Could be the team get their funds out from their pocket in the making of this technology or is it like from the crowd (crowdsourcing projects).

i have never seen any useful open source project that were created to make money or need money! they are always created by developers without any cost except their time and are made to solve a problem. Linux, Tor, Bitcoin, Torrent,...
you only see fundraising, crowdsourcing, ICO,... when the project is garbage and the creators know it and their only goal is to make quick money and lots of it.

coupable

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I can't guess how you came accross those ideas, but i will try to answer your questions from what i have learnd about the bitcoin birth.

Quote from: jademaxsuy on July 25, 2020, 06:49:44 AM

1. Where could the team get their funds in the making of this technology.

No one knows if it's a team or just one person. Do you expect someone to know from where they/he/she got the budget to work? Great probablity it's from personal ressources, as no organisation/person is confirmed to be the sponsor.

Quote from: jademaxsuy on July 25, 2020, 06:49:44 AM

2. What resources they provide for thr blockchain tech to operate? (Do the developers use supercomputers for this to function until this time? (present)

Same answer for the previous question.

Quote from: jademaxsuy on July 25, 2020, 06:49:44 AM

3. How long the study of the project before it works/implemented?

No one knows.

Quote from: jademaxsuy on July 25, 2020, 06:49:44 AM

4. Bitcoin and blockchain is not synonymous and blockchain could work without digital currencies but it was design so that bitcoin could work from its features on p2p and anonymity. Because of blockchain all transactionsare recorded and has become transparent making it trusthworty and secure.

Do bitcoin and blockchain were both being made by the same team or dev or organization/group?

From what i can tell, the idea of the blockchain had been introduced before and even applied but not with the same concepts of the actual one. If i am not wrong, yes, bitcoin and blockchain (in the structure we actually know) had been made by the same team or dev or organization/group.

Quote from: jademaxsuy on July 25, 2020, 06:49:44 AM

5. Does bitcoin, satoshi, theymos and malta island as the blockchain island connected to each other?

NO

jademaxsuy

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Here is a list of question regarding on blockchain that you can try to answer. I have only slight idea about it so I guess this is a better place to ask for it.

1. Could be the team get their funds out from their pocket in the making of this technology or is it like from the crowd (crowdsourcing projects).

2. Could they be using resources like supercomputer for blockchain tech to operate blockchain tech?

3. Bitcoin and blockchain is not synonymous and blockchain could work without digital currencies but it was design so that bitcoin could work from its features on p2p and anonymity. Because of blockchain all transactions are recorded and has become transparent making it trusthworty and secure.

Could be that bitcoin and blockchain were both being made by the same team or individual or organization/group?

4. Does bitcoin, satoshi, theymos and malta island as the blockchain island connected to each other?

Quote from: jademaxsuy on July 25, 2020, 06:30:19 AM

High chance that Satoshi forget his password on BCT account and created another alt account "theymos".LOL

Well I just need your opinions. You may answer it or may not it is up to you.

Edited: I edited the questions.

Topic: Inquiry on Blockchain. (Read 130 times)