Topic: What should you expect from next generation blockchains. (Read 295 times)
I hope the current common throughput problem can be solved, and I think the current EOS can change the current situation,because the current throughput of most projects cannot support the use of large software or enterprises.
I think EOS has shown great improvement since they launched their main net, the network have recorded over a thousand plus transaction per second and I think these new generation of blockchains can meet the criteria you listed, with blockchains like credits, quarkchain, multiversum etc, I think they will do great and offer us with greater performance.
Hey everyone. As you all know, next generation blockchains are now arriving/launching. At some point in time, these next gen blockchains should solve the current blockchain trilemma issue of 1. scalability 2. decentralization 3. security. Are you aware of any blockchain projects focusing on this aspect? Recently much hype has been put into EOS because it promises high output scalability. However, there does seem to be issues with EOS in regards to Decentralization and Security. NEO also has decentralization issues. Do you guys think previous blockchains will beable to upgrade to solve the trilemma? Can the next gen blockchain of EOS do this in the very near future? What exactly is your expectation from next gen blockchains in this regard?
There were a plenty of projects that promised high scalability (up to hundreds of thousands of on-chain transactions per second).None of them have still been implemented so we can't really say whether scalability can reach these figures.
If talking about decentralization, I would definitely not trust all those ripples and eos because they seem to act just as conventional banks.
Yes, and Lightning Network has been of them. Or maybe it still is, I don't really know. No one seems to care about it anymore. And the explanation is pretty simple. No cryptocoin actually needs "hundreds of thousands of on-chain transactions per second" right now. And right now it is not even clear whether such a day will come at all when so large a number of transactions per second will be required. Current blockchain processing capacities seem to be more than enough. We should sooner run out of disk space than blockchain throughput.
Hey everyone. As you all know, next generation blockchains are now arriving/launching. At some point in time, these next gen blockchains should solve the current blockchain trilemma issue of 1. scalability 2. decentralization 3. security. Are you aware of any blockchain projects focusing on this aspect? Recently much hype has been put into EOS because it promises high output scalability. However, there does seem to be issues with EOS in regards to Decentralization and Security. NEO also has decentralization issues. Do you guys think previous blockchains will beable to upgrade to solve the trilemma? Can the next gen blockchain of EOS do this in the very near future? What exactly is your expectation from next gen blockchains in this regard?
There were a plenty of projects that promised high scalability (up to hundreds of thousands of on-chain transactions per second).None of them have still been implemented so we can't really say whether scalability can reach these figures.
If talking about decentralization, I would definitely not trust all those ripples and eos because they seem to act just as conventional banks.
What i tkhink is that Security is presently the most important aspect that the next generation blockchain needs to look into. At least, we seriously need to check it.
The next generation blockchain faces the challenge of trust and confidence. It has to protect the data and make sure that it is tamper proof. Lexit a start up marketplace for IPs is bold enough to venture into this next generation blockchains. LEXIT allows entrepreneurs to trade intellectual property, copyrights and technology from discontinued projects, and even sell whole startups. Partnering with OCCI, LEXIT can make a compliance audit that could
give authentic external data as a start up for M & A.
give authentic external data as a start up for M & A.
don't expect much for the next generation. the system is currently owned by blockchain already good enough even nearly approached the word perfect. better to cover up the flaws that currently exist only in order to be blockchain which is getting better and could be adopted in a variety of things and certainly it would be elevating the value of crypto for the future.
Hey everyone. As you all know, next generation blockchains are now arriving/launching. At some point in time, these next gen blockchains should solve the current blockchain trilemma issue of 1. scalability 2. decentralization 3. security. Are you aware of any blockchain projects focusing on this aspect? Recently much hype has been put into EOS because it promises high output scalability. However, there does seem to be issues with EOS in regards to Decentralization and Security. NEO also has decentralization issues. Do you guys think previous blockchains will beable to upgrade to solve the trilemma? Can the next gen blockchain of EOS do this in the very near future? What exactly is your expectation from next gen blockchains in this regard?
I think that the next generation of blockchain will be even better and more scalable. This is a very promising technology that will only improve over the years. The security issue is very important in our time and this technology can solve it in the future.
I expect that the next generation blockchain will make fast the mainstream adoption of cryptocurrency. Because of improved tps, improved security, connects public or private blockchain, etc(name it if I forgot). Also many of my friends are now aware of blockchain technology compared to last year. They directly or indirectly used it.
I think the blockchain technology that was created to further focus on security with the big scale may be because of the increasingly sophisticated technology and the growing digital world of security is also urgently needed.
Next generation blockchains must overcome and create a better crypto world. It must have its own unique functions and more advanced technology.
I think that all the coins that are now there will simply be modified, and blockchain will replace some other design!
Actually the market of crypto currency is on demand. Different types of coins are coming day by day to the market. There are now more than fifteen hundreds coins that are operating in the market. Different types of projects are also coming to the market. But I hope that next generation will see a secured and disciplined blockchain.
Hey everyone. As you all know, next generation blockchains are now arriving/launching. At some point in time, these next gen blockchains should solve the current blockchain trilemma issue of 1. scalability 2. decentralization 3. security. Are you aware of any blockchain projects focusing on this aspect? Recently much hype has been put into EOS because it promises high output scalability. However, there does seem to be issues with EOS in regards to Decentralization and Security. NEO also has decentralization issues. Do you guys think previous blockchains will beable to upgrade to solve the trilemma? Can the next gen blockchain of EOS do this in the very near future? What exactly is your expectation from next gen blockchains in this regard?
I think blockchain still needs development in terms of security, because as we see, blockchain and cryptocurrency are still dealing with big security issues, the news about hacking and theft is still a lot so that investors are still many who hesitate to enter into cryptocurrency
True, there is still room for maturity of blockchains for sure. its still a very new technology
Yes, you are right. There are many second generation blockchain already available in the market. Scalability, decentralization and security are the unique features of them.
I think at the first place we need to anticipate the faster transactions and lower fees, so this is exactly the things that irritates us in the existing blockchain.
It looks like faster transactions are not possible without sacrificing security and (or) decentralization. I don't know if these issues can be effectively solved at this point, but it will likely require quantum mechanics employed to get past these problems once and for all, even though it may take decades, if at all. Personally, I'm hoping for real-time, truly decentralized distributed exchanges integrated directly into the blockchain, whatever coin will make it. Then we will only need fiat gateways in case we want to cash out. This is doable today but I have yet to see a coin actually offering such features, an exchange right out of the personal wallet.
Although i like the advanced blockchain projects like eos, neo, ada, icx etc but my number one choice still remains to be ethereum network, do not forget that eth is currently working on casper upgrade and more stuff is coming, i think soon eth is going to be bigger and better from all of them.
I think at the first place we need to anticipate the faster transactions and lower fees, so this is exactly the things that irritates us in the existing blockchain.
Hey everyone. As you all know, next generation blockchains are now arriving/launching. At some point in time, these next gen blockchains should solve the current blockchain trilemma issue of 1. scalability 2. decentralization 3. security. Are you aware of any blockchain projects focusing on this aspect? Recently much hype has been put into EOS because it promises high output scalability. However, there does seem to be issues with EOS in regards to Decentralization and Security. NEO also has decentralization issues. Do you guys think previous blockchains will beable to upgrade to solve the trilemma? Can the next gen blockchain of EOS do this in the very near future? What exactly is your expectation from next gen blockchains in this regard?
Talking about next generational blockchain solving the problem of scalability, speed and high cost of transactions, I think you can check on https://nexty.io. The Nexty blockchain is the latest blockchain that can make instant transfer without cost.
Hey everyone. As you all know, next generation blockchains are now arriving/launching. At some point in time, these next gen blockchains should solve the current blockchain trilemma issue of 1. scalability 2. decentralization 3. security. Are you aware of any blockchain projects focusing on this aspect? Recently much hype has been put into EOS because it promises high output scalability. However, there does seem to be issues with EOS in regards to Decentralization and Security. NEO also has decentralization issues. Do you guys think previous blockchains will beable to upgrade to solve the trilemma? Can the next gen blockchain of EOS do this in the very near future? What exactly is your expectation from next gen blockchains in this regard?
I think blockchain still needs development in terms of security, because as we see, blockchain and cryptocurrency are still dealing with big security issues, the news about hacking and theft is still a lot so that investors are still many who hesitate to enter into cryptocurrency
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