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Author Topic: Does the blockchain ultimately have more potential?  (Read 1398 times)
soros017
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August 16, 2016, 09:13:50 PM
 #21

I think so, especially if you take into consideration the blockchain applications that are to come.
Slark
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August 16, 2016, 09:25:20 PM
 #22

The blockchain has near infinite potential/applications beyond Bitcoin, if banks are trying to get in on it, it's safe to say that it's very solid tech. Also, Satoshi was nominated for a Nobel Prize for his work on Bitcoin and usually they only award these for truly game-changing achievements. (In the end, they decided Satoshi was not eligible since his identity is not known.)
It might sounds bizzare today but Adolf Hitler was nominated for the Nobel Peace Prize in 1939. A lot of strange and odd individuals were once 'nominated' for Nobel Prize.
Nobel nomination is nothing fancy, you can be nominated because someone in Swedish Parliament likes you.
Doamader
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August 16, 2016, 11:04:10 PM
 #23

Blockchain has bringed all the companies into researching and creating their own blockchain, banks, Disney, Microsoft and for sure much more companies are working under the shadows to get their projects around it.
Bitcoin has this as the main resorce to handle unlimited transactions and make it work, did you imagined a country using blockchain allowing people to check where the money is being spent? This should happen one day.
bitsoldiers
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August 16, 2016, 11:24:08 PM
 #24

blockchain has more potential in that its globally recognised and used...its safety is noted and convenient..... so easy and free to use at anytime.... than others....I love blockchain
voztata
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August 28, 2016, 01:49:53 PM
 #25

Does the blockchain ultimately have more potential? Lips sealed Lips sealed Lips sealed
I believe so. Banks and other companies have already tried to recreate the blockchain, all without success in my opinion.
Why else would banks be trying to copy it? It is useful and banks are scared they are going to fall behind on money transactions and they should be.
ObscureBean
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August 28, 2016, 02:25:44 PM
 #26

The blockchain is the most powerful means of recording things ever invented. It is 100% transparent, contains every single move made and is pretty much unhackable.
Humans would never have come this far if they didn't record stuff to pass down to the new generation. The world we know today can be viewed as the result of a blockchain of events/experiments/knowledge etc (similar to Bitcoin's blockchain of transactions).
The blockchain can literally be applied to everything in the human world.
Kevin77
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August 28, 2016, 04:13:25 PM
 #27

Yes. Since the blockchain doesn't have any specific, targeted usage, it is open for limitless potential.
The cryptocurrency is an invention and a result of technological advancement and will most likely continue to progress even further. With these, they can be redesigned to fit whatever is needed/wanted.
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