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Topic: Is blockchain is a never ending process? - page 4. (Read 901 times)

jr. member
Activity: 266
Merit: 1
August 04, 2018, 07:22:05 AM
#33
Blockchain is good for transaction and decentralized blockchain many advantages so my thought is never ending process and it will more increased in future.
newbie
Activity: 82
Merit: 0
August 04, 2018, 07:21:03 AM
#32
The blockchain is a continues technology. I'm too sure this technology never die or break but improve wold wide. peoples are getting knowledge about this technology day by day. i think that we can will see this technology working such as banking site hotel filed and business filed. even your mobile phone. I'm too sure that.   
sr. member
Activity: 686
Merit: 250
August 04, 2018, 07:15:37 AM
#31
It will always be evolving, this always happens with technology, and bitcoin will only improve it's specs and network in the future.
newbie
Activity: 214
Merit: 0
yes absolutely blockchain is never ending process. its behaviour of communicating with individual to individual makes blockchain unique and also there are many block chain bulidings like the stars in the sky.
jr. member
Activity: 224
Merit: 1
“Revolutionizing Brokerage of Personal Data”
blockchain is a decentralized and secured technology for transaction or transfer currency all over the world. But is it possible to stop one day or its forever?

bitcoin can be stopped only by 2 things in my opinion - if people stop running the nodes or if the internet goes down globally. Both events are absolutely unlikey
member
Activity: 406
Merit: 13
The blockchain is a continues technology it can never end but can only get modified, the only way the blockchain technology can come to an end is when it lose it decentralized nature. But as long as the blockchain mentain it true nature it will remain relevant for as long as life it self.
newbie
Activity: 42
Merit: 0
blockchain is a decentralized and secured technology for transaction or transfer currency all over the world. But is it possible to stop one day or its forever?
Nobody knows when Blockchain stop or it's forever.For me Blockchain never ends because.Blockchain is truly the future of transaction technology.Blockchains will help develop a more trusted environment.The block-chain technology has the potential to grow as Life-changing, foundational tech that we have faced in recent times.
newbie
Activity: 10
Merit: 0
blockchain is a decentralized and secured technology for transaction or transfer currency all over the world. But is it possible to stop one day or its forever?

yes, it is. as long as bitcoins or any other crypto continue to circulate transaction, blockchain wont stop. and the crypto users continue to grow day by day so i dont see that it will stop anytime soon.
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
It's not possible to stop a peer to peer network that is using modern technology. Governments and industries have been trying to stop or even delay torrenting of music and things like that to no avail, and so the music industry now has largely changed into a streaming service and concert service because of it. So Bitcoin will force change once it becomes disruptive enough, we just need some more user interface changes to make it as easy to spend as swiping a card.

The governments have not been trying to shut down torrenting actively.
If that would have happened they would have all have gone after the torrent sites and in a matter of months they would have shut them all down.And without a place to get your .torrent file in order to download something the p2p protocol is useless.

It's Netflix that has killed torrenting in North America, and that is a scary perspective....

If you're referring to the bitcoin blockchain, yes, it's possible for it to be stopped if a global crackdown on miners takes place and seize all the mining equipment, further preventing the addition of new blocks on the chain. Given the 'decentralized' nature of bitcoin, and its miners being situated into different parts of the world, it would be hard to search all of these and seize it all, so that one possibility is ruled out. Another event that could possibly stop bitcoin's blockchain is a nuclear warfare wherein a huge percentage of the world is completely disintegrated and the remaining are left dying in nuclear waste. We are very far from that happening but it still is a possibility you cannot rule out to happen in the distant future, otherwise the process of adding blocks in the chain is ad infinitum.

It doesn't have to be a forced shutdown, that will never happen as there will be always some part of the world that will keep going on mining or at least some guys in a basement in Siberia.
Its end will come the same way other p2p technologies end up, users leaving them for something else, but I doubt we will see this in our lifetime (at least mine).




member
Activity: 378
Merit: 10
blockchain is a decentralized and secured technology for transaction or transfer currency all over the world. But is it possible to stop one day or its forever?
In my opinion, with the advancement of technology it will not stop. Maybe it will be more develop for the future.
hero member
Activity: 966
Merit: 546
It's not possible to stop a peer to peer network that is using modern technology. Governments and industries have been trying to stop or even delay torrenting of music and things like that to no avail, and so the music industry now has largely changed into a streaming service and concert service because of it. So Bitcoin will force change once it becomes disruptive enough, we just need some more user interface changes to make it as easy to spend as swiping a card.
hero member
Activity: 686
Merit: 500
blockchain is a decentralized and secured technology for transaction or transfer currency all over the world. But is it possible to stop one day or its forever?
It is a new and advanced technology for transaction or transfer of money and for some other dealings, as it is the advanced technology so everyone will adopt it with the passage of time and will work on it to make it more better which shows that it is a long lasting technology and we cannot think that this technology will ever stop or last.
full member
Activity: 560
Merit: 100
When a technology that is safe and used by many people it seems impossible to stop forever because the tekbologi was made to help someone to do his job easier and faster without overriding the security of the technology.
member
Activity: 600
Merit: 10
I think blockchain will not end, and future developments will also be better than now, as future bitcoin prices will increase over the course of the month, so I'll be more confident that blockchain will not end.
hero member
Activity: 3080
Merit: 603
But is it possible to stop one day or its forever?
I believe that it's here to stay forever just like cryptocurrencies.
If there is something that can stop it then it can be the government that will definitely have an opposite stand against blockchain by implementing total ban of it. And it can also stop if there's no more data/transactions to process and it can happen if people will migrate to a better or upgraded version of it.
full member
Activity: 406
Merit: 102
We could say it that way. Ending process in the sense that market is controlled by investors and once they sold a lot, it will fall greatly and somehow, people will go back to zero and wait again.
Not unless someone throws away millions of btc to be lost forever so that prices will not drop to Zero.

If you are talking about transactions, I think it will have a limit like what happened before with the scaling problem. BTC and other crypto coins are still not adapted worldwide and we can still expect problems in the near future.
newbie
Activity: 32
Merit: 0
Hi, Since there will be miners blockchain will never ends!
but problems can insurge. For example how to run a full node in your computer when the weight of the blockchain will surpass terabytes of memory?
I would like to know it.
newbie
Activity: 72
Merit: 0
Bitcoin and Blockchain technology are always running at all times, and the rest of the world uses it every time to make transactions, and I think blockchain will never stop even in just one hour.
member
Activity: 350
Merit: 10
I do not think it's possible to stop even in a day for blockchain, because I believe blockchain has a bustle going on all the time, because it's trading around the world.
newbie
Activity: 119
Merit: 0
If we look at the blockchain process until now it is true that bitcoin or blockchain is a process that will never end and this is great for the financial future.
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