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Author Topic: [2016-01-12] Expert Explanation Of Wall Street’s Blockchain Investment And ...  (Read 292 times)
bitcoinear (OP)
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January 12, 2016, 06:33:21 PM
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Expert Explanation Of Wall Street’s Blockchain Investment And Its Impact On Bitcoin
Blythe Masters’s new Blockchain startup is set to receive huge investment from Wall Street in 2016. What could this really mean for the Blockchain technology and how much impact is this going to have on the Bitcoin market?
http://cointelegraph.com/news/116035/expert-explanation-of-wall-streets-blockchain-investment-and-its-impact-on-bitcoin
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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January 12, 2016, 08:49:04 PM
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"Mr.Chester insists though that private blockchains will not solve the banking problems due to the international limitations of their tokens. He said that tokens on private blockchains cannot act as settlement mechanisms between countries"

So the banks need bitcoin as the common money.
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