Is blockchain is a never ending process? - page 3.

bettercrypto

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Quote from: altcoinanalyst1 on June 15, 2018, 12:28:02 PM

Depends on the mining. If now every miner stops their mining then there will be no new blocks in the chain. But meshes are getting bigger and complicated so is the power of mining equipments.

Yes this is true, without miners transaction verification stops, meaning blockchain stops. But, still existing. Now for the process to continue, developers need to create a new code to do the transaction verification.

CryptoToxicAvenger

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Blockchain is a technology that has been developed for years. And you think she can just disappear? That's not likely to happen. Now many organizations are interested in it and I think that the blockchain will follow the path of development.

thesmallgod

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I do not understand well what you mean by STOP. if you mean to quitting the development of blockchain platform I will say no. when you study very well you will realize blockchain developer focus on development of new blockchain with consensus algorithm that improves the existing blockchain. Also, many new blockchain is developed to suit a particular or group of industry. E.g Smilo is focusing on developing hybrid blockchain that allows the creation of both public and private smart contract. a private blockchain will help industry like a medical sector that wants to maintain anonymities with patient medical history.

hxtop

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Theoretically, it is as you say. But it doesn't mean that can practically be done. Like everything, we may say that it has a limit which is unreachable.

piracy

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by the way nice question , i guess we cannot imagine the transaction to be held in future so it may not stop

Biet12

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the blockchain will never end because it is very suitable for data, storage, and transactions that are very comlit, what's more to its sophistication and to its extraordinary progress so it is suitable for storing coins

self love sisters

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I think blockchain is a never-ending process and it will continue to improve as long as we keep adapting it.

babarian

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why do you mention that the process never ends? the blockchain process is a very good and very perfect process. so this technology is very good for use in any field.

duoduoshigexiaozhu

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When all miners are no longer mined, the blockchain will stagnate, and if the miners return to work, it will run again, so to be precise, as long as there is another miner at work, the blockchain is virtually never have the end.

incomefromcoins

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blockchain development have lot of future in the coming year we can see internet 3.0 with blockchain based backing we can see more dapps coming up in all business verticals and various industries

gesdan

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the blockchain is the good system right now, there are many people that want to use blockchain for their main system. so right now, maybe blockchain wil have the good popularity than the other platform and system

MMS2017

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Blockchain is decentralize network of virtual money so i can say that it is a never ending process and with this many other good inventions will come to the world like airline tickets will be possible through your home at the virtual transaction, and It is never ending process and it will be rise if the world show a positive behavior then it's value will be rise.

Finn Bery

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blockchain changes day by day, it often update to modern world , we apply them so much , it is really helpful so i don't think it stop

James_Cline

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why stop something that is designed to do great things? I think things will only get better with blockchain –whether it’s crypto, data management or for security -the tech will equip us for the future.

Rituvohra01

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Yes, blockchain is a never ending process. From 2009 bitcoin grows day by day. It is a best decentralized technology for transaction.

katerinaliisa

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Blockchain is an innovative technology that can bring the cryptocurrency market to a new level and expand the boundaries of cooperation.

revive7up

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I think it can last up to 100 years and it's hard to stop.

enhu

legendary

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so long as there are miners the process will never end. When all the btc are mined, its not going to stop since the transactions of BTC needs miners for it to be confirmed, the miners will gain through these transactions. Same goes to other algo of any other tokens. Somehow in the future the chains will interconnect to each other as it may happen eventually all these transactions will not end so long as people are using crypto.

doodle07

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For me its a yes because of the fact that as time passes by people are trying to develop more to enhance these technologies so for me blockchain is a never ending process, due to the mentality of most people behind it blockchain will be infinite.

Shannon98

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Blockchain itself can be a never-ending process, its just depending on how fast the person is doing the codes.

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