Is Block Chain going to be the next internet? - page 5.

creeps

full member

Activity: 742

Merit: 144

Quote from: kaisa on October 29, 2018, 09:44:07 AM

Blockchain technology is part of the internet so it's not the future of the internet. Because the internet has a big data and smart space, while the blockchain is a small space that is mutually remembered and mutually confirmed. This method makes the internet in the future healthy because all nodes must be confirmed through the blockchain system. Maybe at this time, the blockchain is only used as a financial support, but in the future, it may be widely used as a trust analysis of data such as news (confirmation of not lying), voting (voter confirmation), etc.

Definitely, blockchain right now is being run by the internet and I think, blockchain will not become the next internet because of its different function. Blockchain technology has a bright future, people are continue to support this great invention and I agree that everyone will adopt this technology later on, and many functions of blockchain technology will be enjoyed.

Quote from: christofyler on October 30, 2018, 05:32:56 PM

Blockchain is now gaining popularity more people are coming in.... The more people are interacting with the system the high it traffic become so I think it possible for blockchain to be the next internet.

Yes its increasing but I think its too early for this one, everyone must adopt blockchain technology first before we can see the chance for this ambition. A lot of good speculation on this technology, hold more coins that can be a good source of income in the future.

brooklynian

member

Activity: 392

Merit: 10

When the Internet was discovered, it attracted everybody because it is revolutionary and saving people time, money and headache. Till date, there is no alternative to the Internet. So many other discoveries rely on the Internet to function effectively. Blockchain is excellent but people can still do with other alternatives.

christofyler

newbie

Activity: 532

Merit: 0

Blockchain is now gaining popularity more people are coming in.... The more people are interacting with the system the high it traffic become so I think it possible for blockchain to be the next internet.

Xardasim

sr. member

Activity: 1624

Merit: 250

I don't understand how did you compare each of them? Both are different things. Without the internet, I can't think of Blockchain. The internet is a much bigger concept and will remain the same when development occurs. So, there is no concept of the upper model of the internet, only those who exist in it can develop.

rer@shoy

newbie

Activity: 41

Merit: 0

it is not internet it is only ledger ( it is stored all transaction of ledger )

Wingleness

jr. member

Activity: 458

Merit: 2

Blockchain is set to revolutionise the financial world by giving power to the people and I also see it as the next big shot that will happen in the global world. Surely Bitcoin will do to banks what email did to postal services.

danielmax1997

newbie

Activity: 140

Merit: 0

what Wikipedia is to encyclopedia in a same way block chain is to internet. It is going to be the next internet that is for sure.

crossabdd

legendary

Activity: 1316

Merit: 1145

blockchain is based on the financial system. so I'm not sure it's next internet. but some projects with incoming tokens on the seach engine platform. I believe the Blockchain is a big book about future records that are not erased.

James_Cline

jr. member

Activity: 85

Merit: 1

I don’t think the internet and blockchain belong to the same category, although it’s safe to say, both are life-changing technologies and can complement each other. Both techs power systems and platforms that all help us work and function better. And I guess both are signaling a very digital future, don’t you think?

pawanjain

hero member

Activity: 2702

Merit: 716

Nothing lasts forever

Blockchain and the Internet, both have a similar model of technology i.e., peer to peer networking. This has enabled people to interact with each other and this has lead to the large adoption of the Internet.
Blockchain is new in the market enabling users to make peer to peer transactions. This will surely create a mass adoption according to me and many others but it will take a while until that happens.
People need to believe in the technology and use it properly in order to make the most profitable use of the blockchain technology. Blockchain does have the potential to become as huge as the Internet is.

Joseph Abrams

brand new

Activity: 0

Merit: 0

Similar to the internet, the blockchain was born as a great invention of mankind, changing the world, contributing to human life to a new heyday, so it can be said as a blockchain. The next invention follows the internet

olubams

hero member

Activity: 798

Merit: 503

Blockchain cannot be the next Internet from the way I see it because for one, it needs the internet to function. However, with development that could happen just like the case of mobile banking that could be done with USSD without the need for internet connection. If this can be done for blockchain then we are ready to see something greater than the internet as it would mean virtually everything that thrives in secrecy would come to an end and that is the beginning of good times.

Al-e_x

member

Activity: 560

Merit: 11

if blockchain is the internet of the future, but, the problem is how can blockchain work without the internet?

so, I see that today there are many blockchain-based protocols, so, I think that blockchain never become the internet, but blockchain will perfect the internet world.

GavenJack

member

Activity: 210

Merit: 10

If you compare the significance of the breakthrough that marked the blockchain, then of course you can compare it with the advent of the Internet! Moreover, the blockchain conquers new heights and becomes more necessary

Impulseboy

jr. member

Activity: 196

Merit: 4

Quote from: seoincorporation on October 29, 2018, 08:55:22 AM

Quote from: Ramya494 on October 29, 2018, 01:30:48 AM

I think Block Chain is empowering more and more these days,the number crypto enthusiasts is increaing day by day.More project are emerging daily,and all these ideas brought me up to decision whether Block Chain is going to be the next internet?how many of you agree with these?

We can't compare blockchain with the internet, I know both are computer technologies but are two totally different things. Is just like asking, will HSBC become the next library or the next city?

In terms of popularity, blockchain can't be better than the internet, because you need internet to use blockchain, but you don't need blockchain to use the internet.

But in terms of new technology, maybe it could be, at the end blockchain and internet are two of the biggest inventions in computer science.

I have to agree. No matter how popular blockchain is getting these days, I do not think that it is enough to replace the internet someday. Blockchain has a long way to go and many business industries will benefit from it but in terms of common people using it the way we use internet nowadays, am not sure if it is ever possible.

kaisa

full member

Activity: 560

Merit: 145

Blockchain technology is part of the internet so it's not the future of the internet. Because the internet has a big data and smart space, while the blockchain is a small space that is mutually remembered and mutually confirmed. This method makes the internet in the future healthy because all nodes must be confirmed through the blockchain system. Maybe at this time, the blockchain is only used as a financial support, but in the future, it may be widely used as a trust analysis of data such as news (confirmation of not lying), voting (voter confirmation), etc.

SoiledDove

jr. member

Activity: 126

Merit: 4

Quote from: Ramya494 on October 29, 2018, 01:30:48 AM

I think Block Chain is empowering more and more these days,the number crypto enthusiasts is increaing day by day.More project are emerging daily,and all these ideas brought me up to decision whether Block Chain is going to be the next internet?how many of you agree with these?

There have been a lot of articles regarding this subject on the Internet recently. What it means is that the connective technology that powers Blockchain can also power the Internet, ultimately. But there's another aspect to this thesis. The Internet revolutionized our lives like nothing else has ever done in the history of mankind. Blockchain, with it's decentralized nature and its egalitarian elements has the potential to be the next revolution in our lives. It is changing how we do business and manage money. Even though the Internet is only arriving in some parts of the world, the Blockchain technology is hot on its heels and ready to revolutionize lives and businesses. Yes, life will never be the same again. I still wish Blockchain could figure out a way to get back our stolen cryptocurrency and and unmask the hackers. Just saying.

bittraffic

hero member

Activity: 3038

Merit: 617

Quote from: Ramya494 on October 29, 2018, 01:30:48 AM

I think Block Chain is empowering more and more these days,the number crypto enthusiasts is increaing day by day.More project are emerging daily,and all these ideas brought me up to decision whether Block Chain is going to be the next internet?how many of you agree with these?

Yes. Its where its going, the web 3.0 as they say. There are blockchain companies building all these including the ones we have invested like the Storj that can be compared to the dropbox. Its coming of the new trend and sometimes we are already in it but we miss to recognize like the EOS and the Experty which some of use haven't heard it yet while the price are yet affordable for investors.

geminiboy

full member

Activity: 574

Merit: 100

https://ammut.network/

Quote from: Initscri on October 29, 2018, 02:20:34 AM

Quote from: Pursuer on October 29, 2018, 02:18:51 AM

Quote from: Initscri on October 29, 2018, 01:44:07 AM

Quote from: Statedapps on October 29, 2018, 01:41:52 AM

I do have to say when I see al the news I have the feeling big movements are around the corner but in my daily life I'm not experiencing it so far.
This is a simple riddle of where blockchain might be right now : https://theblockchaintoday.com/blockchains-position-end-2018/
I think the snowball will appear very soon and could be very big.

After the hype of Bitcoin, it's only natural that hype will leave. The massive increase of the price of BTC only would have resulted in hype, which naturally would have faded.

However, while the price of Bitcoin has dropped since, I don't believe it will drop drastically further, as IMO the hype has created an industry of advancement within Blockchain technology (more companies/startups are being created to developer Bitcoin and technologies like it due to the initial hype)

the rise was not "all hype" it was real adoption and the increasing demand for the decentralized currency that led to the rise in first place and then obviously a rise means profit and profit means greedy people will also look towards bitcoin and the result of that is the hype and the bubble which will be over with a bubble burst and a price drop eventually and that is what we have now.
and that is why the price won't drop any further because of the real demand is still there and the speculative demand that came in because of the hype is now gone.
although in my opinion one of the biggest reasons for no further drop is the fact that bitcoin has dropped more than it should have and now it is underpriced and oversold...

I know it wasn't all hype, but I do believe that the price increase was largely created due to hype.
As I mentioned, I do believe adoption will carry bitcoin forward. Initial hype in technologies is always a thing, it's how the project sustains that interest which is most important.

I agree with your opinion, the majority of the BTC holder community originated from a hype, although now the hype is disappearing but I believe the increase in BTC prices is due to the existence of the hype that previously exploded in 2010

walemil

full member

Activity: 448

Merit: 100

Blockchain is the latest discovery that the majority of the institutions around the world will have to tap into for the purpose of ease. Banking and finance, commerce, power, agriculture, health, government etc are few examples. Internet did same thing and it became popular because virtually all activities take place on the Internet nowadays. I think blockchain will be as popular as the Internet with time.

Topic: Is Block Chain going to be the next internet? - page 5. (Read 17246 times)