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Author Topic: Blockchain 3.0  (Read 573 times)
hoangloc19901
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February 14, 2018, 11:01:40 AM
 #21

I do not understand what blockchain 3.0 is. Can you explain me?  Huh  Huh
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February 14, 2018, 03:44:51 PM
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 #22

I do not understand what blockchain 3.0 is. Can you explain me?  Huh  Huh

It is the digested grass that comes out of the backside of a male cow.  Wink

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February 14, 2018, 10:09:39 PM
 #23

Hi ,

I hear on several websites about the blockchain 3.0, do you know what is the difference witht the previous blockchains ?

What will be the impact on crypto using anterior version of blockchain 3.0 ?

What are the crypto using blockchain 3.0 (they maybe are the future ..  Wink )

A lot of question, i know but thanks for your help !


As far as I know, blockchain 3.0 is a bold project created in 2017 (not launched yet?), and pretends to be the next Blockchain (we can baptize bitcoin as the blockchain 1.0, Ethereum as 2.0 blockchain, and the one which is coming as 3.0 blockchain).
It is suppose to be faster, more stable, etc, for it is based in DAG networks instead UTXO. The velocity is supposed to be increased.

Is's (supposedly) going to be much friendly to small payments, because fees will become insignificant. The proposal is about making cryptocurrencies easier to manage in order to get more and more users, so if it goes well, maybe they accomplish their goal, and crypto will be used as current fiat to buy stuff, eat in a restaurant, & co.

And also, it pretends to be the new way of database. I believe it is similar as the internet 3.0, where everything is connected to the internet (as refrigerators, for instance).

You can see they pretend to create a hole new database system directly based on blockchain, instead of sql, and some other application:


https://s17.postimg.org/sq6d67clb/img.jpg

So, if it works, blockchain will become much more  useful to everyday life…

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[/]
bestinvestor01
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February 14, 2018, 10:59:26 PM
 #24

Hi ,

I hear on several websites about the blockchain 3.0, do you know what is the difference witht the previous blockchains ?

What will be the impact on crypto using anterior version of blockchain 3.0 ?

What are the crypto using blockchain 3.0 (they maybe are the future ..  Wink )

A lot of question, i know but thanks for your help !


As far as I know, blockchain 3.0 is a bold project created in 2017 (not launched yet?), and pretends to be the next Blockchain (we can baptize bitcoin as the blockchain 1.0, Ethereum as 2.0 blockchain, and the one which is coming as 3.0 blockchain).
It is suppose to be faster, more stable, etc, for it is based in DAG networks instead UTXO. The velocity is supposed to be increased.

Is's (supposedly) going to be much friendly to small payments, because fees will become insignificant. The proposal is about making cryptocurrencies easier to manage in order to get more and more users, so if it goes well, maybe they accomplish their goal, and crypto will be used as current fiat to buy stuff, eat in a restaurant, & co.

And also, it pretends to be the new way of database. I believe it is similar as the internet 3.0, where everything is connected to the internet (as refrigerators, for instance).

You can see they pretend to create a hole new database system directly based on blockchain, instead of sql, and some other application:

https://s17.postimg.org/sq6d67clb/img.jpg
https://s17.postimg.org/sq6d67clb/img.jpg

So, if it works, blockchain will become much more  useful to everyday life…
Blockchain will be grow every day and every weeks and years
nhanhzam
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February 14, 2018, 11:41:10 PM
 #25

 Grin

Many people think bitcoin is blockchain 1.0 and ethereum is blockchain 2.0. But i think it is just the points they made to sell the coins which claim to be 2.0 or 3.0 to the people new to crypto, because it will sound like those coins are more advanced than bitcoin. But i tell you this:

Bitcoin maybe old, but it is one of the most well developed coins out there, and has been tested for the longest. If some crypto claims to be better than bitcoin or ether, or going to be the next bitcoin, look for the reason behind that claim. Is the tech that advanced? Is the idea realistic?  
madhavanmalolan
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February 15, 2018, 02:22:33 PM
 #26

I don't think Blockchain 3.0 is even a thing.
You can do a small exercise to replace Blockchain 3.0 with BS each time you see it.

Well, for blockchain 3.0 to happen, we first need to see blockchain 2.0

I don't think there has been any fundamental improvement over the bitcoin/blockchain technology that is definitively better than the one in use right now.
There are a bunch of other consensus mechanisms coming up, especially PoS and DPoS. But we are not yet at a point where we are better than the current systems.

We have only gotten to the stage where 1.0 works. We are a long while from 2.0. 3.0 ... ? Cheesy
nullius
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February 17, 2018, 04:05:52 AM
 #27

Attention, hype-merchants and hype-addled fools alike:  It is time for you to get schooled by a Jr. Member caught up in a random “Bitcoin Discussion” thread:

Muh blockchain! Muh decentralization! Bitcoin is old and broken!


You forget that bitcoin has:

1) The largest brand recognition
2) The largest merchant acceptance
3) The largest public/consumer acceptance
4) The largest regulatory acceptance
5) The world's highest hashrate, making it the most secure network there is (not vulnerable to a 51% attack)
6) Not controlled by a central body, no godlike deities who can dictate development procedures (ie. Vitalik Buterin)

Also, blockchain without currency is useless. And bitcoin is the best and most stable blockchain-based currency as of now.

/thread

Bitcoin2018
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February 17, 2018, 10:30:40 PM
 #28

Blockchain as basicaly a linked list (https://en.wikipedia.org/wiki/Linked_list) anything else like DAG, should have a new name (Tangle at IOTA). Using the name Blockchain for a tree-like structure is misleading.

Also what is Blockchain 2.0?

I thought that Ethereum 2.0

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