metz (OP)
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January 19, 2016, 12:54:57 PM |
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Bitcoinpro
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January 19, 2016, 01:02:04 PM |
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very Bullish news
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WWW.FACEBOOK.COM
CRYPTOCURRENCY CENTRAL BANK
LTC: LP7bcFENVL9vdmUVea1M6FMyjSmUfsMVYf
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DarkHyudrA
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English <-> Portuguese translations
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January 19, 2016, 01:05:32 PM |
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It's not about adopting, but studying how to use anything from the structure of the blockchain. Also note that they don't ever mention "hey let's use Bitcoin", they want control and not a open ledger.
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English <-> Brazilian Portuguese translations
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Amph
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January 19, 2016, 01:10:58 PM |
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It's not about adopting, but studying how to use anything from the structure of the blockchain. Also note that they don't ever mention "hey let's use Bitcoin", they want control and not a open ledger.
then i don't see the point for them to even work on a centralized blockchain, what real advantages can a centralized bring, that a cluster server can not? besides being more organized and transparent i'm not buying the whole bullshit about cost and time, their cost are minimum right now with a cluster server instead of running node for another blockchain, it would be the same
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DarkHyudrA
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English <-> Portuguese translations
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January 19, 2016, 01:15:41 PM |
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It's not about adopting, but studying how to use anything from the structure of the blockchain. Also note that they don't ever mention "hey let's use Bitcoin", they want control and not a open ledger.
then i don't see the point for them to even work on a centralized blockchain, what real advantages can a centralized bring, that a cluster server can not? besides being more organized and transparent i'm not buying the whole bullshit about cost and time, their cost are minimum right now with a cluster server instead of running node for another blockchain, it would be the same I think that like the reason the very first net was born, is the reason for using the blockchain: descentralization, have the same information on multiples servers all over the place. Server down? No worries, connect to this server and everything is OK. When that server come up running again, it will recover all the data his is behin of the network and everything will run OK.
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English <-> Brazilian Portuguese translations
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WhatTheGox
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January 19, 2016, 01:35:53 PM |
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Its very cool i just watched the youtube vid and read some of the document. Why dont they just work on the bitcoin blockchain with the already working network humanity has provided. Why are they concerned about making making their own i wonder hmm.
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franky1
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January 19, 2016, 03:14:31 PM |
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It's not about adopting, but studying how to use anything from the structure of the blockchain. Also note that they don't ever mention "hey let's use Bitcoin", they want control and not a open ledger.
then i don't see the point for them to even work on a centralized blockchain, what real advantages can a centralized bring, that a cluster server can not? besides being more organized and transparent i'm not buying the whole bullshit about cost and time, their cost are minimum right now with a cluster server instead of running node for another blockchain, it would be the same imagine it for passports.. each immigration/passport agency around the world has key's to add data, when people apply for a passport... so its a world wide passport network its these agencies that work as miners too.. now then, all new passports are basically a transaction ID.. where the transaction does not contain tokens of value(coins). but some other information useful to passport control offices. EG not { Value : 12345sat } but { D.O.B: "23-02-1980", gender : "male", } now imagine each airport no longer needs highly secured databases and highly trained IT staff to maintain the airports databases.. they simply access the passport blockexplorer website. and scan QR codes on the passports into the blockexplorer. the "other information" can be anything. now imagine that by moving the data from one key belonging to america, to a address belonging to UK.. any passport office can see where the people are in the world which helps track immigration, over-stayers, etc.. all without every airport/embassy needing highly expensive security.. just a web browser
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I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER. Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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Kprawn
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January 19, 2016, 04:11:26 PM |
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It's not about adopting, but studying how to use anything from the structure of the blockchain. Also note that they don't ever mention "hey let's use Bitcoin", they want control and not a open ledger.
then i don't see the point for them to even work on a centralized blockchain, what real advantages can a centralized bring, that a cluster server can not? besides being more organized and transparent i'm not buying the whole bullshit about cost and time, their cost are minimum right now with a cluster server instead of running node for another blockchain, it would be the same imagine it for passports.. each immigration/passport agency around the world has key's to add data, when people apply for a passport... so its a world wide passport network its these agencies that work as miners too.. now then, all new passports are basically a transaction ID.. where the transaction does not contain tokens of value(coins). but some other information useful to passport control offices. EG not { Value : 12345sat } but { D.O.B: "23-02-1980", gender : "male", } now imagine each airport no longer needs highly secured databases and highly trained IT staff to maintain the airports databases.. they simply access the passport blockexplorer website. and scan QR codes on the passports into the blockexplorer. the "other information" can be anything. now imagine that by moving the data from one key belonging to america, to a address belonging to UK.. any passport office can see where the people are in the world which helps track immigration, over-stayers, etc.. all without every airport/embassy needing highly expensive security.. just a web browser How do you see them keeping those keys a secret? The corruption in most countries on government levels are out of control and private keys will very easily be sold for the right price. I guess one way to solve this will be the same way banks are doing it, with multi sig solutions. The different implementations will be very interesting to see and also what kind of applications will be developed to manage this. There is so much untapped potential in using the Blockchain.
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WENGER
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January 19, 2016, 04:48:22 PM |
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Their only interested into learning Blockchain system and eventually use it for governments works and not going steps towards crypto currencies themselves as they would surely want to be able to tweak it a bit so in the end, they still have some control over it as opposed to what it is now and their not the only one as many (other governments) have shown interests as well.
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franky1
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January 19, 2016, 05:18:07 PM |
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How do you see them keeping those keys a secret? The corruption in most countries on government levels are out of control and private keys will very easily be sold for the
right price. I guess one way to solve this will be the same way banks are doing it, with multi sig solutions. The different implementations will be very interesting to see and
also what kind of applications will be developed to manage this. There is so much untapped potential in using the Blockchain.
imagine america owns 1EmericaBlahBlahBlah the private key is a multisig. imagine that several agencies who form part of the passport administration team.. EG passport control. embassy, births deaths and marriage department, homeland security.. they all have key each. and a new passport txid is not created unless all agencies sign off that the data held within that tx is valid.. that way a nefarious employee at the passport office will find their single key is useless.. as it requires the combination to work then imagine north korea having 1N0rThK0r3aBlahBlahBlah and that too is a multisig i think you get the picture.
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I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER. Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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dk8218
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January 19, 2016, 08:08:57 PM |
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They are not hiring.. They are trying to study about crypto.. And they are also trying to take governmental control on this.. But as everyone knows.. not any government can take control over it..
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WhatTheGox
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January 19, 2016, 09:16:23 PM |
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Their only interested into learning Blockchain system and eventually use it for governments works and not going steps towards crypto currencies themselves as they would surely want to be able to tweak it a bit so in the end, they still have some control over it as opposed to what it is now and their not the only one as many (other governments) have shown interests as well.
They have no choice but to look into it and once it gets its foot in the door it will spread like wild fire. Centralized versions will prove more costly and perform worse. Maybe it will take our lifetimes but we'll be a fully decentralized society at some point.
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franky1
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January 19, 2016, 09:30:24 PM |
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Their only interested into learning Blockchain system and eventually use it for governments works and not going steps towards crypto currencies themselves as they would surely want to be able to tweak it a bit so in the end, they still have some control over it as opposed to what it is now and their not the only one as many (other governments) have shown interests as well.
They have no choice but to look into it and once it gets its foot in the door it will spread like wild fire. Centralized versions will prove more costly and perform worse. Maybe it will take our lifetimes but we'll be a fully decentralized society at some point. the government are NOT looking into it to create "monetary tokens" (coins).. they are looking into it for data security.. EG passport ID EG national insurance ID EG medical patient ID
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I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER. Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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owm123
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January 19, 2016, 09:35:45 PM |
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Is it about Bitcoin, or just blockchain?
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franky1
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January 19, 2016, 11:22:20 PM |
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Is it about Bitcoin, or just blockchain?
just blockchain.. and not an altcoin either as its NOT to do with token(coin) measure of value.. but data and unique identifiers basically its about decentralized database data
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I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER. Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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BellaBitBit
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January 19, 2016, 11:56:15 PM |
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Its very cool i just watched the youtube vid and read some of the document. Why dont they just work on the bitcoin blockchain with the already working network humanity has provided. Why are they concerned about making making their own i wonder hmm.
Haha exactly. Why would they want a blockchain of their own. This endless news of banks embracing the "blockchain" is hilarious. Time for someone to come out and announce that the Blockchain is dead..including an elaborate essay of why.
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I love Bitcoin
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franky1
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January 20, 2016, 12:02:32 AM |
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Why dont they just work on the bitcoin blockchain with the already working network humanity has provided. Why are they concerned about making making their own i wonder hmm.
because its not about financial value.. its about data.. and bitcoin doesnt have any variables/namespaces for things like date of birth, social security numbers, medical record numbers etc
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I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER. Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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DimensionZ
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Shit, did I leave the stove on?
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January 20, 2016, 12:30:03 AM |
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The blockchain technology will be great for the health system like NHS where the data will be permanently shared and visible across the whole network ad can't be tampered with. You can literally carry around your medical records on your phone.
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