I.T Professionals and bitcoin industry - page 2.

Anti-Cen

member

Activity: 210

Merit: 26

High fees = low BTC price

Quote from: bob123 on April 25, 2018, 08:28:22 AM

Once the monthly wage is gone from a mobile wallet, those people will lose all trust into cryptos (even if their mobile is at fault).
A few of such cases would lead to a huge wave of criticism towards cryptos in general.

I don't know for sure but so far Bitcoin itself seems to have held up quite well when it comes to security but as I understand it
if a lightning wallet transmits an out of date transaction to the network then the banking hub can claim all the money in the
off-chain private ledger.

Thing is who do you call if it was not your fault and how can you compete against bankers rules since they have full access to the
protocol that won't be available to normal wallets.

Down the road I see the hubs being attacked if they start taking peoples wages and they are all single points of failure so looking at the
LN map https://lnmainnet.gaben.win/ whats going to happen if one of these big hubs gets taken down by Annon

cashberycoin.com

newbie

Activity: 80

Merit: 0

Quote from: manish9841 on April 25, 2018, 08:09:57 AM

Quote from: akihiko on April 25, 2018, 04:12:19 AM

Hello guys, this is my first topic. Do you think i.t professionals or specialist has an advantage in bitcoin world? Why?

Yes I am also a IT professional working in cybersecurity. I learnt about blockchain technology and now actively participate in bitcoin forum discussions. I have been doing some investment and bounty too. Right now I am involved with Merculet project, because I believe this is one of the very good project with top notch teams and advisors.

And I only put effort on those projects which are ranked and rated very well by experts.

Yep, very good words, sorry I have not merit now, but +1 to you Cool

I agree with that person, cause, about cryptocurrency people know a little, of course, bitcoin become famous from day to day
But in main mess, it is like some credits like from game...They didn't understand, what is cryptocurrency in usual day, so....
Of course, if you are blockchain specialist (especially, with it background), you have much more preferences

bob123

legendary

Activity: 1624

Merit: 2481

Quote from: aleksej996 on April 25, 2018, 07:51:27 AM

I would say that we definitely want everyone to use crypto.
Currencies are more useful when more people are using them.
Bigger the diversity of people using a currency, more self-sufficient that currency is as well.

Your points are definetely right. But with a lot of naive users the percentage of stolen/'hacked' coins will rise heavily.
I honestly don't think we are ready yet for mass adoption.
Mobile wallets shouldn't be used to store 'big' amounts of crypto. While one could argue with only loading up balance for 1 or 2 days, this doesn't guarantees that people do not simply load up their whole wage on a mobile wallet.

Once the monthly wage is gone from a mobile wallet, those people will lose all trust into cryptos (even if their mobile is at fault).
A few of such cases would lead to a huge wave of criticism towards cryptos in general.

Mobile hardware wallets are a must for mass adoption. Wether a small smart card or a 'crypto chip' integrated into a mobile doesn't matter.
But convinience and security have to be combined in one device before people should starting doing all of their daily payments with BTC.

manish9841

newbie

Activity: 154

Merit: 0

Quote from: akihiko on April 25, 2018, 04:12:19 AM

Hello guys, this is my first topic. Do you think i.t professionals or specialist has an advantage in bitcoin world? Why?

Yes I am also a IT professional working in cybersecurity. I learnt about blockchain technology and now actively participate in bitcoin forum discussions. I have been doing some investment and bounty too. Right now I am involved with Merculet project, because I believe this is one of the very good project with top notch teams and advisors.

And I only put effort on those projects which are ranked and rated very well by experts.

margarita_free

jr. member

Activity: 127

Merit: 3

Good community manager for your blockchain project

Yep, of course! For example, i have my own project, and i really know, how i can do my small idea to global market,
and bitcoins helps me in it.
if i was not so professional in it, it will be very hard to understand, i haven't grow my idea...
So, bitcoin and it specialists - it is very good combination, that guy will earn good money

aleksej996

sr. member

Activity: 490

Merit: 389

Do not trust the government

Quote from: bob123 on April 25, 2018, 06:26:51 AM

Another question is wether you really want to have people using crypto 'whose skills are limited to .. facebook or twitter .. '.
With a massive increase in (non-techy) users there will be also a massive increase in scammer. Funds will get stolen if people can't protect their private key / devices.
This would have quite a big (negative) impact on the whole crypto ecosystem.

I would say that we definitely want everyone to use crypto.
Currencies are more useful when more people are using them.
Bigger the diversity of people using a currency, more self-sufficient that currency is as well.

Quote from: ?? on ??

Most IT professionals fall over themselves to keep moving with the times and as such they would not be
interested at all in Bitcoin because it's old and outdated.

Bitcoin is old for a cryptocurrency, but it is definitely not outdated.
The protocol, as well as client software is constantly being updated. Just recently we had a Segwit fork and not LN is being developed.
I don't think it makes sense to look at Bitcoin as single technology, as it is constantly being changed to something else when a new technology is proven good and useful.

xyz_abc_def

newbie

Activity: 9

Merit: 0

As an IT professional myself that's been working in the financial industry the last few years (card payments) I find cryptocurrencies very interesting, learning more and more every day and curious to see where it's going to be in the next few years. I started learning solidity and because I have experience programming I picked it up quite easily. There's still a lot of new concepts that one needs to get to grips with though.

bob123

legendary

Activity: 1624

Merit: 2481

Quote from: akihiko on April 25, 2018, 04:12:19 AM

Do you think i.t professionals or specialist has an advantage in bitcoin world? Why?

They definetely have an advantage. Simply because they already have the background knowledge.
This is not limited to bitcoin. People with background knowledge always have an advantage in a (new) topic.

Quote from: intellicorepress on April 25, 2018, 04:51:32 AM

Most applications are made for users with an IT background, and not for the average Jane or Joe whose skills are limited to logging on to their Facebook or Twitter accounts. This is probably the greatest barrier to mainstream adoption.

I honestly don't think this is a big barrier.
I agree with you that the (front end) design of quite a few wallets/services should be changed to match the intuitive handling of social networks, etc..
But this will definetely come in the future when more people get involved into crypto.

Another question is wether you really want to have people using crypto 'whose skills are limited to .. facebook or twitter .. '.
With a massive increase in (non-techy) users there will be also a massive increase in scammer. Funds will get stolen if people can't protect their private key / devices.
This would have quite a big (negative) impact on the whole crypto ecosystem.

intellicorepress

jr. member

Activity: 102

Merit: 2

Yes, and that's one of the biggest problems blockchain technology has to face: Most applications are made for users with an IT background, and not for the average Jane or Joe whose skills are limited to logging on to their Facebook or Twitter accounts. This is probably the greatest barrier to mainstream adoption.

akihiko

newbie

Activity: 43

Merit: 0

Hello guys, this is my first topic. Do you think i.t professionals or specialist has an advantage in bitcoin world? Why?

Topic: I.T Professionals and bitcoin industry - page 2. (Read 251 times)