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Topic: The greatest innovation? - page 2. (Read 1931 times)

copper member
Activity: 1330
Merit: 899
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January 15, 2017, 02:45:34 PM
#34
Digital, virtual, blockchain, internet, gaming, all are leafs on the computer innovation tree and that wouldn't be possible if wasn't for TV and no TV without electricity etc, it goes all the way down and comes back up again just like a circle or chain, so actually blockchain represents the whole universe if you think of it that way.
sr. member
Activity: 504
Merit: 250
January 15, 2017, 02:24:00 PM
#33
I think blockchain is a great innovation now people are finding more and more usage of it. From payment system, stock trading to housing market, basically anything with a contract can be done with blockchain which is more secure and tamper-proof.
newbie
Activity: 28
Merit: 0
January 15, 2017, 02:22:38 PM
#32
The rate of money flowing into blockchain tells the whole story.
hero member
Activity: 798
Merit: 506
January 15, 2017, 11:52:53 AM
#31
Personal computers were invented in 70s and Internet in 90s. Can we put blockchains to the list of the greatest innovation of Technology which was innovated in recent years? What do you think?

Bitcoin and blockchain technology is a great financial innovation but to state as greatest innovation in 20s, bitcoin does not have a considerable contribution for people in worldwide.
I mean, it doesn't reach and affected everyone's life as much as computer or internet.
hero member
Activity: 2884
Merit: 794
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January 15, 2017, 11:41:54 AM
#30
Personal computers were invented in 70s and Internet in 90s. Can we put blockchains to the list of the greatest innovation of Technology which was innovated in recent years? What do you think?
Blockchain is indeed a great innovation, but what I don't like is how some are trying to make it seem like that is the only good thing of bitcoin and they try to only take that part out of it, bitcoin in itself is even greater than the blockchain in my opinion but they don't want to recognize it out of fear.
hero member
Activity: 994
Merit: 502
January 15, 2017, 10:05:28 AM
#29
Personal computers were invented in 70s and Internet in 90s. Can we put blockchains to the list of the greatest innovation of Technology which was innovated in recent years? What do you think?

Yes I think Bitcoin and also Blockchain in some certain ways, decentralized and immutable, are the next big move in the digital age.
Satoshi created something incredible which generations after us will use and can read about it's beginnings in the history books of technology and digital science. And I'm glad to be a part of this wonderful invention as an early adopter and user.

Digital age has got existed in certain parts of every country, with everything completely digitized. The same need to grown in the currency network too. Over the past card system made a great change in the banking which has been liked much by the people. Now an alternative has come in the form of bitcoin as well trying hard get the attention of all class of people and go mainstream.
legendary
Activity: 1596
Merit: 1011
January 15, 2017, 05:39:22 AM
#28
Blockchain can surely be added to the list. It seems a worthy innovation which is gonna change the world in terms of technology. Now more and more firms have started to function on their own Blockchain which itself confirms it an innovation of all time.
blockchain is a smart innovation in my opinion. previously people did not consider it important. but in fact at this time that blockchain is an innovation that is severe and can not be removed from bitcoin's success to date. we should learn from how blockchain can be created.
newbie
Activity: 68
Merit: 0
January 15, 2017, 04:49:53 AM
#27
No, not yet.
There is more to go
or much to go..
Because Bitcoin is a new invention now.
It has not spread the world yet.
Your country may know or use bitcoin in many ways with blockchain.
but you have to think about the whole world
not only your country.
It has to be as popular as facebook
for a great invention.
So think around the world.

Yet Blockchain is a great innovation..
legendary
Activity: 3234
Merit: 1214
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January 15, 2017, 04:38:39 AM
#26
Blockchain can surely be added to the list. It seems a worthy innovation which is gonna change the world in terms of technology. Now more and more firms have started to function on their own Blockchain which itself confirms it an innovation of all time.
legendary
Activity: 1946
Merit: 1137
January 15, 2017, 03:47:46 AM
#25
Personal computers were invented in 70s and Internet in 90s. Can we put blockchains to the list of the greatest innovation of Technology which was innovated in recent years? What do you think?

i agree that bitcoin and the technology it introduces to all of us has been a great thing. it is obvious because so many people, a lot of big financial groups, ... has been showing great interest in the blockchain technology. but things like these are never recognized as big in their early stages. it takes time before everybody realizes their potential, do lots of test runs and then in 10 years from now everybody say yeah it is a big deal.
hero member
Activity: 2814
Merit: 576
January 15, 2017, 12:20:05 AM
#24
Personal computers were invented in 70s and Internet in 90s. Can we put blockchains to the list of the greatest innovation of Technology which was innovated in recent years? What do you think?

Yes I think Bitcoin and also Blockchain in some certain ways, decentralized and immutable, are the next big move in the digital age.
Satoshi created something incredible which generations after us will use and can read about it's beginnings in the history books of technology and digital science. And I'm glad to be a part of this wonderful invention as an early adopter and user.
With a few knowledge of its history, i think its a greatest innovation on how they create and started it.It is quite inspiring that for now it gives a total package of changing the world on how to use digital currency.As it continues mostly are using bitcoins already ,i think this great innovation will take as far as it was now.
legendary
Activity: 1442
Merit: 1016
January 14, 2017, 03:17:35 PM
#23
Personal computers were invented in 70s and Internet in 90s. Can we put blockchains to the list of the greatest innovation of Technology which was innovated in recent years? What do you think?

Yes I think Bitcoin and also Blockchain in some certain ways, decentralized and immutable, are the next big move in the digital age.
Satoshi created something incredible which generations after us will use and can read about it's beginnings in the history books of technology and digital science. And I'm glad to be a part of this wonderful invention as an early adopter and user.
newbie
Activity: 42
Merit: 0
January 14, 2017, 02:59:24 PM
#22
I won't count blockchain among the greatest innivation, so far there is no large scale use of the tech. we are just hoping it will hit the real world use. Blockchain cannot be considered to have affected the world the way Electricity, Aircraft, Internet, Computer etc. have changed the world positively may be in future it will but not presently
That's true, we should wait until it proves itself. The Internet wasn't on the list in the 70s and 80s, when it was still used only by scientist and large corporations, and how many people use blockchain? Not even 1% of the population. To compare think how many people are using a fork or a spoon or a microwave? Also, like others have said, blockchain is only a tool for Bitcoin. Bitcoin is the one that deserves a place on that list.

Great comparison
hero member
Activity: 2646
Merit: 686
January 14, 2017, 12:38:50 PM
#21
Well there is no doubt blockchain is good but to say it's the best is a understatement. It's yet taking steps to glory. In few years it shall make its name in the history books. Though I wouldnt mind it if it's given in place in too. It's the best thing that has happened to humans, and it will be interesting to see the updates it will have in future. Maybe 2017 maybe the year when it will take up let's hope for the best.
legendary
Activity: 2478
Merit: 1360
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January 14, 2017, 12:06:26 PM
#20
I won't count blockchain among the greatest innivation, so far there is no large scale use of the tech. we are just hoping it will hit the real world use. Blockchain cannot be considered to have affected the world the way Electricity, Aircraft, Internet, Computer etc. have changed the world positively may be in future it will but not presently
That's true, we should wait until it proves itself. The Internet wasn't on the list in the 70s and 80s, when it was still used only by scientist and large corporations, and how many people use blockchain? Not even 1% of the population. To compare think how many people are using a fork or a spoon or a microwave? Also, like others have said, blockchain is only a tool for Bitcoin. Bitcoin is the one that deserves a place on that list.
legendary
Activity: 1904
Merit: 1074
January 14, 2017, 12:04:35 PM
#19
Yes, I think Andreas coined the phrase "The Internet of Money" for this technology. I do not know of any Fintech innovation in the last

couple of years that made such a impact on the financial world, like Bitcoin or the Blockchain did. Bitcoin was the spark that ignited the

innovation for other technologies. Bitcoin is also the technology behind 1000's of Alt coins that are being developed now.  Wink
legendary
Activity: 4410
Merit: 4788
January 14, 2017, 12:03:21 PM
#18
blockchains have been around alot longer then people think. but how satoshi utilised it made it innovative.

kind of like wheels have been around thousands of years. but how the first combustion engine maker utilised it made vehicles revolutionary(as the wheels and round turning cogs/gears concept inside engine)

so although (when you peal off all the add-on features satoshi patched together PoW, hashing, transaction cryptography, etc..) the blockchain concept is very simple and not revolutionary (data linked to other data(blocks of data chained to other blocks)).. blockchain does open up a new direction of possibilities.

so is blockchain innovation yes
so is blockchain revolutionary no

so is bitcoin innovation yes
so is bitcoin revolutionary yes
legendary
Activity: 1218
Merit: 1007
January 14, 2017, 11:51:51 AM
#17
Personal computers were invented in 70s and Internet in 90s. Can we put blockchains to the list of the greatest innovation of Technology which was innovated in recent years? What do you think?
I think that the blockchain technology can definitely have a lot of impact on the financial sector and add an additional layer of security to some of the trading systems we have now, but beyond that it just looks like a more expensive form of the same systems we have today.

While vastly applicable for commodity trading, it lacks a lot of the efficiency conventional systems today provide.
hero member
Activity: 615
Merit: 500
January 14, 2017, 11:38:24 AM
#16
Personal computers were invented in 70s and Internet in 90s. Can we put blockchains to the list of the greatest innovation of Technology which was innovated in recent years? What do you think?
No, because blockchains as you describing it, are just databases. Invention is BITCOIN not blockchain.
Bitcoin is true revolution solving byzantine problem and first time ever allowing to true, distributed currency without central point of authority to exist in this world.

Well, I agree with this. Blockchain is a great book that can be accessed by the public. Blockchain shows all the data transactions that have occurred in the Bitcoin network. You can visit the site to facilitate your blockchain monitor what's happening in the blockchain. So, I think a more appropriate and feasible to predicate it is Bitcoin.
hero member
Activity: 658
Merit: 500
January 14, 2017, 11:30:50 AM
#15
I won't count blockchain among the greatest innivation, so far there is no large scale use of the tech. we are just hoping it will hit the real world use. Blockchain cannot be considered to have affected the world the way Electricity, Aircraft, Internet, Computer etc. have changed the world positively may be in future it will but not presently
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