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Topic: Is blockchain is a never ending process? - page 5. (Read 895 times)

sr. member
Activity: 2366
Merit: 332
The blockchain is from the modern technology and has been helpful in so many aspect of our lives. What could happen can be a modification of the existing blockchain. As it is now, stopping it will also mean stopping human activities.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
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.
newbie
Activity: 174
Merit: 0
Yes, bitcoin is an endless process. As long as someone else is maintaining the project, the block chain will not stop. I think in the future block chain can link most industries.
newbie
Activity: 7
Merit: 0
Hope so, it will go on as long as people r interested in this
newbie
Activity: 55
Merit: 0
Its a digital data. The space for data in internet is continuously upgrading. So is the Blockchain. The miners are continuously conforming transactions and making blocks to be added in the chain. Their equipment is also upgrading to do more complicated equations as the meshes getting dense. So I think it will go further until it being stopped.
newbie
Activity: 154
Merit: 0
The blockchain is immutable, and we will always have the blockchain. The only question is whether we will have something much more sophisticated.The field of cryptography is still growing.
newbie
Activity: 2
Merit: 0
No, everything is alive. The blockchain never seems to end, but more advanced technology may replace it in the future. Now I can't predict what will replace the blockchain in the future, but it will always There is such a day.
newbie
Activity: 3
Merit: 0
Yes, I think it is. I think humans will enter the data age. Everything after that is data. Humans will become data people.
newbie
Activity: 86
Merit: 0
Yes bitcoin is the never ending process. People are well known about Bitcoin. The next generation kids also know about Bitcoin, this process will continue till the end of the computer. So no one can destroy this process.
newbie
Activity: 70
Merit: 0
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.
newbie
Activity: 105
Merit: 0
Bitcoin always experiences transaction movements and always runs all the time, and I think it's impossible to stop bitcoin in a day.
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
I guess it will scale up to such a degree that we will not be able to count all the transactions. There will be more meshes of blockchain than the stars in the sky  Cool

But is it possible to stop one day ?

Yes, the moment there is not a single miner left mining blocks the chain stops.
newbie
Activity: 70
Merit: 0
I guess it will scale up to such a degree that we will not be able to count all the transactions. There will be more meshes of blockchain than the stars in the sky  Cool
newbie
Activity: 154
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?
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