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Author Topic: need opinion on how to develop a good blockchain project  (Read 130 times)
aucoinmaster (OP)
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March 04, 2018, 02:27:43 PM
 #1

Recently read over 100 pieces of whitepapers by recent ICOs or compaines which have been in this industry for several years.Find some problems with these projects:

1.Most of them cannot be implemented or may be implemented with much difficulty
2.Few of the projects quote the acutal cooperation with established compainies,not to mention insert their technology into these companies
3.Whether it is necessary to adopt blockchain and ICO for each project?This is also a big problem as I can not find convincible evidence to support their statement.

As I am currently searching for some blockchain project ideas ,but i find this is  a challange for me due to the problems above as well as many other problems which I did not mention.

Let me list some areas that I think maybe feasible:

1.cyptrocurrency exchange
2.digital identity
3.work history verification
4.get compensation for flight delay
5.car rental
6.authentification for high-end merchandise ,like handbags.
7.supply chain management

Also,these areas are currently non-feasible(my opinoin):
1.decentralized casinos
2.ecommerce
3.healthcare records
4.transactive grid
5.property registration

I hope to get some REAL opinions on which areas we may enter into in order to develop a feasible blockchain project which can be implemented in our real life or repective industry.







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eckmar
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March 04, 2018, 06:25:12 PM
 #2

I would disagree with you about the list. In my opinion decentralized casinos and ecommerce are one of the areas that are in desperate need of a blockchain technology and decentralization. Just image what would decentralized casino do out there when you can access it without any problems and bet without worrying about laws ? I don't support it but... I would like a world with a bit less control over my life. Not to mention decentralized ecommerce DONE RIGHT
aucoinmaster (OP)
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March 05, 2018, 03:48:59 AM
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I would disagree with you about the list. In my opinion decentralized casinos and ecommerce are one of the areas that are in desperate need of a blockchain technology and decentralization. Just image what would decentralized casino do out there when you can access it without any problems and bet without worrying about laws ? I don't support it but... I would like a world with a bit less control over my life. Not to mention decentralized ecommerce DONE RIGHT

thanks for your reply.I read a news today:Chinese Retail Giant To Use Blockchain To Track Beef, Prove Food Safety.I think this mean it is hard for a

blockchain startup to start their supply chain since any big business can develop their own project which can be implemented in their business immediatlely.

Do not know whether I am right or wrong.

Coinchum is a Peer to Peer marketplace with various cryptocurrency offerings, including Bitcoin, USDT, and Ethereum, XRP and the Chum token.


Coinchum integrates web-based features with an intuitive interface that enables users to learn from education resources, as well as trade cryptocurrencies using advanced market tools that allow for the efficient monitoring and analysis of market trends.

CoinChum have a flexible exit strategy for our valued investors (by SPAC)
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March 06, 2018, 05:30:22 PM
 #4

Yes, I completely agree with you. Most of the ICO projects can not fulfill their promise without brining some centralized elements to their system. But that really ruins the whole purpose. I do believe they are launching ICOs just to raise some money, because businesses are not really enthusiastic about blockchain or decentralization at all IMO.

But the main reason those projects can not be built with 100% decentralization, the current technology is not there yet (we even don't have functioning decentralized public database yet!). So we should focus on improving the architecture of the blockchain and other decentralized system.

Btw which languages do you work with? Are you familiar with C/C++ network programming?

I am planning to start a brand new blockchain project as an experiment. Just let me know if you are interested to collaborate in a team. Smiley
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March 06, 2018, 11:03:35 PM
 #5

The block-chain concept is brilliant but really it was just an extension in a way of what Bit-Torrent had already achieved
and I don't need to feel defensive when I say that it was never implemented by Bitcoin developers in a way that would scale because
facts and history are on my side.

Basically they can play around with block size, timing and compression and keep bringing out as many updates as
Microsoft for it's windows but on-block will never scale as implemented by Bitcoin which they knew all along anyway
and have had eight years now to fix it.

Here I am afraid the OP is only likely to hear the one sided views of the party faithful who are only concerned in trying to protect the
share price of the coin and in many cases they are not even developers so trying to talk them about double linked lists or pointers
leads to frustration for them and they just repeat the party line.

First the Bitcoin code is primitive and you can still have fields within the ledger that need not be part of the SHA-HASH and you can have
pointers from a slim distributed block-chain that point to network resources that hold the blocks of data but really the structure of the
chain needs a rewrite so it's never going to happen, other systems will scale and we are stuck with 20,000 nodes that between them
all can only process seven transactions per second.

The internet would not work without sub-domains, IP ranges but that all got thrown out with the washing when they invented Bitcoin
and academia was allowed to run wild and if you mention that digits 3-6 of a Bitcoin address can be used to sub-divide transactions then
here I find that abuse soon heads your way instead of any real debate so none believers soon get pushed out.

My advise is to learn a bit about IOTA, Ripple, NEO, DAG, Hashgraph , Rails and about DNA and then decide the merits of each one and yes we have
lots of experts cutting code and most of them are not working on Bitcoin or the fly by night clones and they are making headway and that's
without getting into the Lightning Network debate.


    

Mining is CPU-wars and Intel, AMD like it nearly as much as big oil likes miners wasting electricity. Is this what mankind has come too.
aucoinmaster (OP)
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March 07, 2018, 02:45:42 AM
 #6

Yes, I completely agree with you. Most of the ICO projects can not fulfill their promise without brining some centralized elements to their system. But that really ruins the whole purpose. I do believe they are launching ICOs just to raise some money, because businesses are not really enthusiastic about blockchain or decentralization at all IMO.

But the main reason those projects can not be built with 100% decentralization, the current technology is not there yet (we even don't have functioning decentralized public database yet!). So we should focus on improving the architecture of the blockchain and other decentralized system.

Btw which languages do you work with? Are you familiar with C/C++ network programming?

I am planning to start a brand new blockchain project as an experiment. Just let me know if you are interested to collaborate in a team. Smiley

Try to PM,but your setting does not allow newbie to do it.Also,I am not programmer.Maybe I will hire someone in the next couple of months
The most important is I need to brainstorm my ideas and limited knowledge in order to devise a practical idea


Coinchum is a Peer to Peer marketplace with various cryptocurrency offerings, including Bitcoin, USDT, and Ethereum, XRP and the Chum token.


Coinchum integrates web-based features with an intuitive interface that enables users to learn from education resources, as well as trade cryptocurrencies using advanced market tools that allow for the efficient monitoring and analysis of market trends.

CoinChum have a flexible exit strategy for our valued investors (by SPAC)
ufocoder
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March 07, 2018, 03:47:48 PM
 #7

Yes, I completely agree with you. Most of the ICO projects can not fulfill their promise without brining some centralized elements to their system. But that really ruins the whole purpose. I do believe they are launching ICOs just to raise some money, because businesses are not really enthusiastic about blockchain or decentralization at all IMO.

But the main reason those projects can not be built with 100% decentralization, the current technology is not there yet (we even don't have functioning decentralized public database yet!). So we should focus on improving the architecture of the blockchain and other decentralized system.

Btw which languages do you work with? Are you familiar with C/C++ network programming?

I am planning to start a brand new blockchain project as an experiment. Just let me know if you are interested to collaborate in a team. Smiley

Try to PM,but your setting does not allow newbie to do it.Also,I am not programmer.Maybe I will hire someone in the next couple of months
The most important is I need to brainstorm my ideas and limited knowledge in order to devise a practical idea



Yes, I completely agree with you. Most of the ICO projects can not fulfill their promise without brining some centralized elements to their system. But that really ruins the whole purpose. I do believe they are launching ICOs just to raise some money, because businesses are not really enthusiastic about blockchain or decentralization at all IMO.

But the main reason those projects can not be built with 100% decentralization, the current technology is not there yet (we even don't have functioning decentralized public database yet!). So we should focus on improving the architecture of the blockchain and other decentralized system.

Btw which languages do you work with? Are you familiar with C/C++ network programming?

I am planning to start a brand new blockchain project as an experiment. Just let me know if you are interested to collaborate in a team. Smiley

Try to PM,but your setting does not allow newbie to do it.Also,I am not programmer.Maybe I will hire someone in the next couple of months
The most important is I need to brainstorm my ideas and limited knowledge in order to devise a practical idea



Oh i see! I thought you were a programmer! To be honest, I don't think you would understand anything about the technology behind blockchain if you are not a programmer. And that's why you won't be able to come up with a "meaningful" idea.

Consult with a blockchain developer and seek their advice, if you are planning to do a project.
cdb1690
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March 07, 2018, 06:58:11 PM
 #8

I would disagree with you about the list. In my opinion decentralized casinos and ecommerce are one of the areas that are in desperate need of a blockchain technology and decentralization. Just image what would decentralized casino do out there when you can access it without any problems and bet without worrying about laws ? I don't support it but... I would like a world with a bit less control over my life. Not to mention decentralized ecommerce DONE RIGHT

There are already fully functioning decentralized marketplaces out there such as OpenBazaar or BitBay. Casinos might be a bit more tricky as their require lot of transaction throughput, which I think is unfeasible to achieve without payment channels. They would also require either web or desktop application and some backend that would keep track of states in the game. I'm not sure if all this is possible to do in a decentralized way.

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March 07, 2018, 07:21:34 PM
 #9

From your post, what I can think of is that you are looking to start a project and raise fund through ICO, the list above is subjective because the space is a living space and is growth, one of the space where blockchain is needed is casino but because no project has done it well now doesn't mean they won't get it right later
aucoinmaster (OP)
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March 08, 2018, 04:26:16 AM
 #10

Yes, I completely agree with you. Most of the ICO projects can not fulfill their promise without brining some centralized elements to their system. But that really ruins the whole purpose. I do believe they are launching ICOs just to raise some money, because businesses are not really enthusiastic about blockchain or decentralization at all IMO.

But the main reason those projects can not be built with 100% decentralization, the current technology is not there yet (we even don't have functioning decentralized public database yet!). So we should focus on improving the architecture of the blockchain and other decentralized system.

Btw which languages do you work with? Are you familiar with C/C++ network programming?

I am planning to start a brand new blockchain project as an experiment. Just let me know if you are interested to collaborate in a team. Smiley

Try to PM,but your setting does not allow newbie to do it.Also,I am not programmer.Maybe I will hire someone in the next couple of months
The most important is I need to brainstorm my ideas and limited knowledge in order to devise a practical idea



Yes, I completely agree with you. Most of the ICO projects can not fulfill their promise without brining some centralized elements to their system. But that really ruins the whole purpose. I do believe they are launching ICOs just to raise some money, because businesses are not really enthusiastic about blockchain or decentralization at all IMO.

But the main reason those projects can not be built with 100% decentralization, the current technology is not there yet (we even don't have functioning decentralized public database yet!). So we should focus on improving the architecture of the blockchain and other decentralized system.

Btw which languages do you work with? Are you familiar with C/C++ network programming?

I am planning to start a brand new blockchain project as an experiment. Just let me know if you are interested to collaborate in a team. Smiley

Try to PM,but your setting does not allow newbie to do it.Also,I am not programmer.Maybe I will hire someone in the next couple of months
The most important is I need to brainstorm my ideas and limited knowledge in order to devise a practical idea



Oh i see! I thought you were a programmer! To be honest, I don't think you would understand anything about the technology behind blockchain if you are not a programmer. And that's why you won't be able to come up with a "meaningful" idea.

Consult with a blockchain developer and seek their advice, if you are planning to do a project.

Sounds a good advice.I will go ahead and consult with that kind of people.
thanks a lot

Coinchum is a Peer to Peer marketplace with various cryptocurrency offerings, including Bitcoin, USDT, and Ethereum, XRP and the Chum token.


Coinchum integrates web-based features with an intuitive interface that enables users to learn from education resources, as well as trade cryptocurrencies using advanced market tools that allow for the efficient monitoring and analysis of market trends.

CoinChum have a flexible exit strategy for our valued investors (by SPAC)
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