Is this the end of bitcoin and blockchain era? - page 2.

jossiel

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Quote from: k@suy on October 26, 2017, 06:06:39 PM

Quote from: jossiel on October 26, 2017, 05:12:24 PM

I saw someone also sharing that on social media. I haven't read the whole thing yet and this is the link that they've shared https://squawker.org/technology/blockchain-just-became-obsolete-the-future-is-hashgraph/

So for reading some information about it, that will be 50,000 times faster. And why not give it a try to learn this thing and it's good to be one of it's first adopter.

But I doubt that it will kill blockchain technology and bitcoin, I'll comment about my thought about this hashgraph after reading some articles about it.

Just read this article also and got interested with swirlds Programming language to play with. Well, if this new innovation, I think it will take years for its rapid adaptation. Bitcoin is already quite popular and people will not abandoned it that easy.

Thanks for the link mate, looks impressive.

Yes, many will not just simply abandon bitcoin though there will be a lot of new tech's that will come out lately. A lot of people have invested big money to bitcoin including me, that's why there will be no end for bitcoin nor blockchain.

And another thing that many tech companies now are try to do start ups with blockchain.

Chanock

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Quote from: omitusaf on October 26, 2017, 04:47:27 PM

I came across a website which introduced a new distributed ledger theory than blockchain named Hashgraph. I couldn't make much of the article because I did not understand it. But I do think this could have massive effects on bitcoin and other altcoins if this comes into use.
Check the article here: . https://perc360.com/step-aside-blockchain-hashgraph-taking-over/ and let me know what you think.

I think it cannot affect bitcoin even a blockchain era. Look now bitcoin is still rising it almost 6,000 USD. And how the newcomers take over a stable crypto in digital world. The fact they lunch new blockchain to avoid fluctuation of any coin. Once hashgraph lunch we will see what will be happen. Yes they offer a good platform but it necessarily bitcoin will erase of it and even the blockchain era.

no0dlepunk

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In my opinion, new innovations do not mean it is the end of another... bitcoins will stay here at least for the next century. Anyway, blockchain is beginning to attract more business usage nowadays, so I don't think it's going to end soon.

Spendulus

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Quote from: Mandoy on October 26, 2017, 08:38:34 PM

Quote from: omitusaf on October 26, 2017, 04:47:27 PM

I came across a website which introduced a new distributed ledger theory than blockchain named Hashgraph. I couldn't make much of the article because I did not understand it. But I do think this could have massive effects on bitcoin and other altcoins if this comes into use.
Check the article here: . https://perc360.com/step-aside-blockchain-hashgraph-taking-over/ and let me know what you think.

There can be various innovation in financial digital sector but even if there is a technology much better than blockchain and bitcoin it cannot erase and put the latter out of existence. Such as the fiat currency it will continue to exist even with cryptocurrency is already trending nowadays. It is not a matter of how advanced a technology is but it is a matter of trust and confidence that people dwell in such currency.

Exactly, perfectly, 100% wrong.

What Satoshi taught us was peer to peer economic transactions in a completely TRUSTLESS manner.

Mandoy

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Quote from: omitusaf on October 26, 2017, 04:47:27 PM

I came across a website which introduced a new distributed ledger theory than blockchain named Hashgraph. I couldn't make much of the article because I did not understand it. But I do think this could have massive effects on bitcoin and other altcoins if this comes into use.
Check the article here: . https://perc360.com/step-aside-blockchain-hashgraph-taking-over/ and let me know what you think.

There can be various innovation in financial digital sector but even if there is a technology much better than blockchain and bitcoin it cannot erase and put the latter out of existence. Such as the fiat currency it will continue to exist even with cryptocurrency is already trending nowadays. It is not a matter of how advanced a technology is but it is a matter of trust and confidence that people dwell in such currency.

Spendulus

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Quote from: digaran on October 26, 2017, 06:21:50 PM

Googled it, any website regarding hashgraph was inaccessible to me, first lol. hashgraph is patented but Bitcoin is not, though they are trying to register it as their own. second lol. I stopped my search after google returned "hashgraph ICO". third lol. if people could mine Bitcoin every 10 minutes by using 100 watts electricity, Bitcoin price would have been $0.01. it's not about transaction per second, we have already blockchains doing 1000 per second. Bitcoin is the first decentralized cryptocurrency and it doesn't use "gossip". we don't gossip here, we just mine Bitcoin to jump girls later. fourth lol.

Wait....

So that's why that hot blonde girl was smiling at me the day I wore a Bitcoin t-shirt?

Darn I am stupider than stupid....

aesma

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If you start by saying you will take over something established, you can't be taken seriously. Do your thing, grow it some, prove its worth, then we'll talk.

It's like someone with an idea of a new operating system saying Bill Gates "step aside", everyone in the room will have a good laugh !

TanyaDegurechaff

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Quote from: omitusaf on October 26, 2017, 04:47:27 PM

I came across a website which introduced a new distributed ledger theory than blockchain named Hashgraph. I couldn't make much of the article because I did not understand it. But I do think this could have massive effects on bitcoin and other altcoins if this comes into use.
Check the article here: . https://perc360.com/step-aside-blockchain-hashgraph-taking-over/ and let me know what you think.

the link is dead OP. and besides by the previous replies over this topic I have concluded that this Hashgraph is going to be a crappy ICO just like the others.

Quote from: digaran on October 26, 2017, 06:21:50 PM

we don't gossip here, we just mine Bitcoin to jump girls later. fourth lol.

As he said don't believe in gossip so easily or it may lose some money because of it.

squatz1

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Sounds like shilling to me, this site is already down and the account that the person posted from is new. So I'm not going to think it's anything but shilling / flaming on the boards to try to gain some attention.

But back onto the point, Bitcoin can end -- but the Blockchain will live in as the technology is what Governments and Banks may and will probably end up using for certain things. As they're not going to reliquish their power to Bitcoin, but they will use the Blockchain as it won't hurt them (depending on the way they use it of course)

NO.

digaran

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Googled it, any website regarding hashgraph was inaccessible to me, first lol. hashgraph is patented but Bitcoin is not, though they are trying to register it as their own. second lol. I stopped my search after google returned "hashgraph ICO". third lol. if people could mine Bitcoin every 10 minutes by using 100 watts electricity, Bitcoin price would have been $0.01. it's not about transaction per second, we have already blockchains doing 1000 per second. Bitcoin is the first decentralized cryptocurrency and it doesn't use "gossip". we don't gossip here, we just mine Bitcoin to jump girls later. fourth lol.

k@suy

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Quote from: jossiel on October 26, 2017, 05:12:24 PM

I saw someone also sharing that on social media. I haven't read the whole thing yet and this is the link that they've shared https://squawker.org/technology/blockchain-just-became-obsolete-the-future-is-hashgraph/

So for reading some information about it, that will be 50,000 times faster. And why not give it a try to learn this thing and it's good to be one of it's first adopter.

But I doubt that it will kill blockchain technology and bitcoin, I'll comment about my thought about this hashgraph after reading some articles about it.

Just read this article also and got interested with swirlds Programming language to play with. Well, if this new innovation, I think it will take years for its rapid adaptation. Bitcoin is already quite popular and people will not abandoned it that easy.

digitx

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Lol, part of what makes Bitcoin valuable is the PoW algorithm. It actually costs something (quite alot of somethings) to create a Bitcoin. That cost to the miner is what ensures he won't sell it on the market below what he paid for it and is a good way of determining that it has value. If you take away PoW, you take away the cost basis of the currency.

Ethereum's Casper protocol is quite interesting and we'll see how it plays out where expensive mining equipment isn't required anymore - just buy in to the system.

But if that is the only innovation here - then Ethereum and Neo already have it beat.

jossiel

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I saw someone also sharing that on social media. I haven't read the whole thing yet and this is the link that they've shared https://squawker.org/technology/blockchain-just-became-obsolete-the-future-is-hashgraph/

So for reading some information about it, that will be 50,000 times faster. And why not give it a try to learn this thing and it's good to be one of it's first adopter.

But I doubt that it will kill blockchain technology and bitcoin, I'll comment about my thought about this hashgraph after reading some articles about it.

GreenBits

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Quote from: omitusaf on October 26, 2017, 04:47:27 PM

I came across a website which introduced a new distributed ledger theory than blockchain named Hashgraph. I couldn't make much of the article because I did not understand it. But I do think this could have massive effects on bitcoin and other altcoins if this comes into use.
Check the article here: . https://perc360.com/step-aside-blockchain-hashgraph-taking-over/ and let me know what you think.

Not sure if shilling, or this is genuine concern LOL.

There are about 32 of these any given day. Why would this one coin, which has infinitely less trust than bitcoin (or even 42 coin for that matter heh) completely disrupt an already disruptive technology; what innovation can really be provided be provided to improve on as simple of a concept as a distributed ledger?

And even if this did provide some novel innovation that hasnt been addressed yet, again how long and hard would it take for adoption to reach the levels that we have achieved with bitcoin? This isnt really that great of an adoption rate; if this coin will represent a fraction of that, good luck Wink

omitusaf

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I came across a website which introduced a new distributed ledger theory than blockchain named Hashgraph. I couldn't make much of the article because I did not understand it. But I do think this could have massive effects on bitcoin and other altcoins if this comes into use.
Check the article here: . https://perc360.com/step-aside-blockchain-hashgraph-taking-over/ and let me know what you think.

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