bankscrypto (OP)
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June 14, 2018, 06:10:50 PM |
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blockchain is a decentralized and secured technology for transaction or transfer currency all over the world. But is it possible to stop one day or its forever?
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"The nature of Bitcoin is such that once version 0.1 was released, the
core design was set in stone for the rest of its lifetime." -- Satoshi
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HelenS
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June 14, 2018, 07:00:19 PM |
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I guess it will scale up to such a degree that we will not be able to count all the transactions. There will be more meshes of blockchain than the stars in the sky
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stompix
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June 15, 2018, 05:06:34 PM |
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I guess it will scale up to such a degree that we will not be able to count all the transactions. There will be more meshes of blockchain than the stars in the sky By measuring the number and luminosity of observable galaxies, astronomers put current estimates of the total stellar population at roughly 70 billion trillion To reach that every human in this world would have to make 10 trillion transactions. If we give an estimate of 1 million tx in a lifespan we're going to have to wait for 10 million generations in order to reach that. Hope I got the math right...I have the feeling something is off. But is it possible to stop one day ?
Yes, the moment there is not a single miner left mining blocks the chain stops.
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pocket_lck
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June 15, 2018, 05:12:22 PM |
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Bitcoin always experiences transaction movements and always runs all the time, and I think it's impossible to stop bitcoin in a day.
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altcoinanalyst1
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June 15, 2018, 05:28:02 PM |
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Depends on the mining. If now every miner stops their mining then there will be no new blocks in the chain. But meshes are getting bigger and complicated so is the power of mining equipments.
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Ram krish
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June 15, 2018, 05:32:44 PM |
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Yes bitcoin is the never ending process. People are well known about Bitcoin. The next generation kids also know about Bitcoin, this process will continue till the end of the computer. So no one can destroy this process.
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duoduozhu
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June 15, 2018, 05:32:52 PM |
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Yes, I think it is. I think humans will enter the data age. Everything after that is data. Humans will become data people.
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isfuther
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June 15, 2018, 05:35:19 PM |
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No, everything is alive. The blockchain never seems to end, but more advanced technology may replace it in the future. Now I can't predict what will replace the blockchain in the future, but it will always There is such a day.
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suzanogbomo
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June 15, 2018, 05:35:48 PM |
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The blockchain is immutable, and we will always have the blockchain. The only question is whether we will have something much more sophisticated.The field of cryptography is still growing.
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cryptomonotize
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June 15, 2018, 05:39:44 PM |
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Its a digital data. The space for data in internet is continuously upgrading. So is the Blockchain. The miners are continuously conforming transactions and making blocks to be added in the chain. Their equipment is also upgrading to do more complicated equations as the meshes getting dense. So I think it will go further until it being stopped.
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carantulasi
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June 15, 2018, 05:41:20 PM |
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Hope so, it will go on as long as people r interested in this
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jmvzlfyg
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June 15, 2018, 06:52:27 PM |
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Yes, bitcoin is an endless process. As long as someone else is maintaining the project, the block chain will not stop. I think in the future block chain can link most industries.
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dothebeats
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June 15, 2018, 10:10:48 PM |
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If you're referring to the bitcoin blockchain, yes, it's possible for it to be stopped if a global crackdown on miners takes place and seize all the mining equipment, further preventing the addition of new blocks on the chain. Given the 'decentralized' nature of bitcoin, and its miners being situated into different parts of the world, it would be hard to search all of these and seize it all, so that one possibility is ruled out. Another event that could possibly stop bitcoin's blockchain is a nuclear warfare wherein a huge percentage of the world is completely disintegrated and the remaining are left dying in nuclear waste. We are very far from that happening but it still is a possibility you cannot rule out to happen in the distant future, otherwise the process of adding blocks in the chain is ad infinitum.
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palle11
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June 15, 2018, 10:58:23 PM |
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The blockchain is from the modern technology and has been helpful in so many aspect of our lives. What could happen can be a modification of the existing blockchain. As it is now, stopping it will also mean stopping human activities.
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forumsehat
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June 15, 2018, 11:09:34 PM |
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If we look at the blockchain process until now it is true that bitcoin or blockchain is a process that will never end and this is great for the financial future.
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Zeddyn
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June 15, 2018, 11:38:17 PM |
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Bitcoin and Blockchain technology are always running at all times, and the rest of the world uses it every time to make transactions, and I think blockchain will never stop even in just one hour.
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LazsFace
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June 15, 2018, 11:43:36 PM |
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Hi, Since there will be miners blockchain will never ends! but problems can insurge. For example how to run a full node in your computer when the weight of the blockchain will surpass terabytes of memory? I would like to know it.
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Shamie1002
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June 15, 2018, 11:44:31 PM |
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We could say it that way. Ending process in the sense that market is controlled by investors and once they sold a lot, it will fall greatly and somehow, people will go back to zero and wait again. Not unless someone throws away millions of btc to be lost forever so that prices will not drop to Zero.
If you are talking about transactions, I think it will have a limit like what happened before with the scaling problem. BTC and other crypto coins are still not adapted worldwide and we can still expect problems in the near future.
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batang_bitcoin
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June 15, 2018, 11:46:38 PM |
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But is it possible to stop one day or its forever?
I believe that it's here to stay forever just like cryptocurrencies. If there is something that can stop it then it can be the government that will definitely have an opposite stand against blockchain by implementing total ban of it. And it can also stop if there's no more data/transactions to process and it can happen if people will migrate to a better or upgraded version of it.
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| │ | ████████▄▄███████▄▄ ███████▄████████████▌ ██████▐██▀███████▀▀██ ███████████████████▐█▌ ████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄ ███▀░▐███▀▄█▄█▀▀█▄█▄▀ ██████████████▄██████▌ █████▐██▄██████▄████▐ █████████▀░▄▄▄▄▄ ███████▄█▄░▀█▄▄░▀ ███▄██▄▀███▄█████▄▀ ▄██████▄▀███████▀ ████████▄▀████▀█████▄▄ | . "I could either watch it happen or be a part of it" ▬▬▬▬▬ |
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Wipangga
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June 16, 2018, 12:01:14 AM |
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I think blockchain will not end, and future developments will also be better than now, as future bitcoin prices will increase over the course of the month, so I'll be more confident that blockchain will not end.
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kastara
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June 16, 2018, 12:37:40 AM |
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When a technology that is safe and used by many people it seems impossible to stop forever because the tekbologi was made to help someone to do his job easier and faster without overriding the security of the technology.
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YTBitcoin
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June 16, 2018, 12:40:13 AM |
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blockchain is a decentralized and secured technology for transaction or transfer currency all over the world. But is it possible to stop one day or its forever?
It is a new and advanced technology for transaction or transfer of money and for some other dealings, as it is the advanced technology so everyone will adopt it with the passage of time and will work on it to make it more better which shows that it is a long lasting technology and we cannot think that this technology will ever stop or last.
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WaffleMaster
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June 16, 2018, 12:41:30 AM |
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It's not possible to stop a peer to peer network that is using modern technology. Governments and industries have been trying to stop or even delay torrenting of music and things like that to no avail, and so the music industry now has largely changed into a streaming service and concert service because of it. So Bitcoin will force change once it becomes disruptive enough, we just need some more user interface changes to make it as easy to spend as swiping a card.
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BagzMM
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June 16, 2018, 06:28:58 AM |
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blockchain is a decentralized and secured technology for transaction or transfer currency all over the world. But is it possible to stop one day or its forever?
In my opinion, with the advancement of technology it will not stop. Maybe it will be more develop for the future.
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stompix
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June 16, 2018, 09:08:16 AM |
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It's not possible to stop a peer to peer network that is using modern technology. Governments and industries have been trying to stop or even delay torrenting of music and things like that to no avail, and so the music industry now has largely changed into a streaming service and concert service because of it. So Bitcoin will force change once it becomes disruptive enough, we just need some more user interface changes to make it as easy to spend as swiping a card.
The governments have not been trying to shut down torrenting actively. If that would have happened they would have all have gone after the torrent sites and in a matter of months they would have shut them all down.And without a place to get your .torrent file in order to download something the p2p protocol is useless. It's Netflix that has killed torrenting in North America, and that is a scary perspective.... If you're referring to the bitcoin blockchain, yes, it's possible for it to be stopped if a global crackdown on miners takes place and seize all the mining equipment, further preventing the addition of new blocks on the chain. Given the 'decentralized' nature of bitcoin, and its miners being situated into different parts of the world, it would be hard to search all of these and seize it all, so that one possibility is ruled out. Another event that could possibly stop bitcoin's blockchain is a nuclear warfare wherein a huge percentage of the world is completely disintegrated and the remaining are left dying in nuclear waste. We are very far from that happening but it still is a possibility you cannot rule out to happen in the distant future, otherwise the process of adding blocks in the chain is ad infinitum.
It doesn't have to be a forced shutdown, that will never happen as there will be always some part of the world that will keep going on mining or at least some guys in a basement in Siberia. Its end will come the same way other p2p technologies end up, users leaving them for something else, but I doubt we will see this in our lifetime (at least mine).
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sssyjmr13
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June 16, 2018, 09:12:08 AM |
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blockchain is a decentralized and secured technology for transaction or transfer currency all over the world. But is it possible to stop one day or its forever?
yes, it is. as long as bitcoins or any other crypto continue to circulate transaction, blockchain wont stop. and the crypto users continue to grow day by day so i dont see that it will stop anytime soon.
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Sabihtikoy
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June 16, 2018, 09:43:09 AM |
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blockchain is a decentralized and secured technology for transaction or transfer currency all over the world. But is it possible to stop one day or its forever?
Nobody knows when Blockchain stop or it's forever.For me Blockchain never ends because.Blockchain is truly the future of transaction technology.Blockchains will help develop a more trusted environment.The block-chain technology has the potential to grow as Life-changing, foundational tech that we have faced in recent times.
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awawo
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June 16, 2018, 09:44:10 AM |
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The blockchain is a continues technology it can never end but can only get modified, the only way the blockchain technology can come to an end is when it lose it decentralized nature. But as long as the blockchain mentain it true nature it will remain relevant for as long as life it self.
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longwintershere
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“Revolutionizing Brokerage of Personal Data”
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June 16, 2018, 09:46:05 AM |
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blockchain is a decentralized and secured technology for transaction or transfer currency all over the world. But is it possible to stop one day or its forever?
bitcoin can be stopped only by 2 things in my opinion - if people stop running the nodes or if the internet goes down globally. Both events are absolutely unlikey
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shvishal
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June 16, 2018, 09:53:30 AM |
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yes absolutely blockchain is never ending process. its behaviour of communicating with individual to individual makes blockchain unique and also there are many block chain bulidings like the stars in the sky.
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rezurect
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August 04, 2018, 12:15:37 PM |
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It will always be evolving, this always happens with technology, and bitcoin will only improve it's specs and network in the future.
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cryptoaro
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August 04, 2018, 12:21:03 PM |
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The blockchain is a continues technology. I'm too sure this technology never die or break but improve wold wide. peoples are getting knowledge about this technology day by day. i think that we can will see this technology working such as banking site hotel filed and business filed. even your mobile phone. I'm too sure that.
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pareshnakar
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August 04, 2018, 12:22:05 PM |
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Blockchain is good for transaction and decentralized blockchain many advantages so my thought is never ending process and it will more increased in future.
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Shannon98
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October 16, 2018, 07:36:07 AM |
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Blockchain itself can be a never-ending process, its just depending on how fast the person is doing the codes.
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doodle07
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October 16, 2018, 07:41:02 AM |
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For me its a yes because of the fact that as time passes by people are trying to develop more to enhance these technologies so for me blockchain is a never ending process, due to the mentality of most people behind it blockchain will be infinite.
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enhu
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October 16, 2018, 07:46:55 AM |
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so long as there are miners the process will never end. When all the btc are mined, its not going to stop since the transactions of BTC needs miners for it to be confirmed, the miners will gain through these transactions. Same goes to other algo of any other tokens. Somehow in the future the chains will interconnect to each other as it may happen eventually all these transactions will not end so long as people are using crypto.
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revive7up
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October 16, 2018, 08:03:30 AM |
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I think it can last up to 100 years and it's hard to stop.
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katerinaliisa
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October 16, 2018, 11:11:56 AM |
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Blockchain is an innovative technology that can bring the cryptocurrency market to a new level and expand the boundaries of cooperation.
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AIDUS.IO ▲▼ Global Decentralized Funding Platform • ● PRE-SALE START: 11 DEC 2018 ● • (https://aidus.io/)
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Rituvohra01
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October 17, 2018, 05:54:50 AM |
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Yes, blockchain is a never ending process. From 2009 bitcoin grows day by day. It is a best decentralized technology for transaction.
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James_Cline
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October 19, 2018, 01:41:51 AM |
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why stop something that is designed to do great things? I think things will only get better with blockchain –whether it’s crypto, data management or for security -the tech will equip us for the future.
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Finn Bery
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October 19, 2018, 03:35:04 AM |
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blockchain changes day by day, it often update to modern world , we apply them so much , it is really helpful so i don't think it stop
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MMS2017
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October 19, 2018, 04:00:20 AM |
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Blockchain is decentralize network of virtual money so i can say that it is a never ending process and with this many other good inventions will come to the world like airline tickets will be possible through your home at the virtual transaction, and It is never ending process and it will be rise if the world show a positive behavior then it's value will be rise.
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gesdan
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December 23, 2018, 02:40:51 PM |
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the blockchain is the good system right now, there are many people that want to use blockchain for their main system. so right now, maybe blockchain wil have the good popularity than the other platform and system
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incomefromcoins
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January 03, 2019, 09:44:46 AM |
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blockchain development have lot of future in the coming year we can see internet 3.0 with blockchain based backing we can see more dapps coming up in all business verticals and various industries
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duoduoshigexiaozhu
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January 03, 2019, 09:54:04 AM |
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When all miners are no longer mined, the blockchain will stagnate, and if the miners return to work, it will run again, so to be precise, as long as there is another miner at work, the blockchain is virtually never have the end.
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babarian
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January 03, 2019, 12:52:11 PM |
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why do you mention that the process never ends? the blockchain process is a very good and very perfect process. so this technology is very good for use in any field.
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self love sisters
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January 03, 2019, 02:25:23 PM |
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I think blockchain is a never-ending process and it will continue to improve as long as we keep adapting it.
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Biet12
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https://i.imgur.com/5JpAp21.jpg
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January 03, 2019, 02:31:27 PM |
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the blockchain will never end because it is very suitable for data, storage, and transactions that are very comlit, what's more to its sophistication and to its extraordinary progress so it is suitable for storing coins
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piracy
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January 03, 2019, 03:01:16 PM |
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by the way nice question , i guess we cannot imagine the transaction to be held in future so it may not stop
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hxtop
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January 04, 2019, 06:17:43 PM |
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Theoretically, it is as you say. But it doesn't mean that can practically be done. Like everything, we may say that it has a limit which is unreachable.
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thesmallgod
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January 05, 2019, 06:40:31 PM |
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I do not understand well what you mean by STOP. if you mean to quitting the development of blockchain platform I will say no. when you study very well you will realize blockchain developer focus on development of new blockchain with consensus algorithm that improves the existing blockchain. Also, many new blockchain is developed to suit a particular or group of industry. E.g Smilo is focusing on developing hybrid blockchain that allows the creation of both public and private smart contract. a private blockchain will help industry like a medical sector that wants to maintain anonymities with patient medical history.
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CryptoToxicAvenger
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January 05, 2019, 10:49:03 PM |
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Blockchain is a technology that has been developed for years. And you think she can just disappear? That's not likely to happen. Now many organizations are interested in it and I think that the blockchain will follow the path of development.
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bettercrypto
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January 05, 2019, 11:21:12 PM |
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Depends on the mining. If now every miner stops their mining then there will be no new blocks in the chain. But meshes are getting bigger and complicated so is the power of mining equipments.
Yes this is true, without miners transaction verification stops, meaning blockchain stops. But, still existing. Now for the process to continue, developers need to create a new code to do the transaction verification.
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Artemis3
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January 06, 2019, 12:28:32 AM |
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If you're referring to the bitcoin blockchain, yes, it's possible for it to be stopped if a global crackdown on miners takes place and seize all the mining equipment, further preventing the addition of new blocks on the chain. Given the 'decentralized' nature of bitcoin, and its miners being situated into different parts of the world, it would be hard to search all of these and seize it all, so that one possibility is ruled out. Another event that could possibly stop bitcoin's blockchain is a nuclear warfare wherein a huge percentage of the world is completely disintegrated and the remaining are left dying in nuclear waste. We are very far from that happening but it still is a possibility you cannot rule out to happen in the distant future, otherwise the process of adding blocks in the chain is ad infinitum. Even if all asics disappeared tomorrow, people could simply go back to cpu/gpu mining. Granted, that diff adjust would be painful, but the network would survive. My actual question is: What happens after the last bitcoin gets mined?. Sure the year 2140 is so far away we may not even see it, but, I'd like to know regardless.
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meanwords
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January 06, 2019, 03:10:50 AM |
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It would seem that it is impossible to stop this at this point unless the whole internet in the whole world is cut off or all the miners stop mining. That's just how Blockchain works. As the advancement of technology takes place, it is more likely that it would be replaced by something more powerful in the future.
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rapsa2018
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January 06, 2019, 09:02:08 AM |
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Day by day so many transaction they need to process and it's unstoppable to stop because every transaction need to finish while there are so many altcoins need to done its transaction.
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bolbau
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January 06, 2019, 11:46:02 AM |
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I think blockchain will never end if we talk in the context of today's technological capabilities. data will continue to be processed endlessly, this is one of the advantages of blockchain technology, unlimited freedom. but if you want a little utopian, it doesn't rule out the possibility in the future, maybe when we are dead, there will be more crazy technology like today
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pltgksl
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January 06, 2019, 12:13:59 PM |
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Blockchain is definitely not something to be limited to just crypto money, it will not be surprising to see it in different technologies very soon.
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coinnumber
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January 21, 2019, 07:33:01 PM |
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blockchain is a decentralized and secured technology for transaction or transfer currency all over the world. But is it possible to stop one day or its forever?
Blockchain is a technology that has no limit as it has a lot of good features such as security, transparency, traceability, keeping data in a way that can't be altered and they are visible to public etc. With this features and lot more which I believe every nation need to improve the security and backed their economy. Blockchain will keep improving by adding more features and be more useful forever.
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eann014
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January 22, 2019, 04:09:23 AM |
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blockchain is a decentralized and secured technology for transaction or transfer currency all over the world. But is it possible to stop one day or its forever?
If miners will stop to mine then there will be a day for bitcoin or cryptocurrencies to stop or has an end in the future. It also depends on us or who all uses bitcoins. If there is some improvement on the process for bitcoin then for sure it will continue to process. Hopefully this year we can see some improvements especially for the price of bitcoin.
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Velkro
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January 22, 2019, 04:33:12 AM |
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blockchain is a decentralized and secured technology for transaction or transfer currency all over the world. But is it possible to stop one day or its forever?
Its as long as people want it to be. You could ask, if gold will remain as valuable asset in people's mind or they will stop to use it/see it that way in future. Noone knows that really, but i doubt it that Bitcoin will move anywhere in coming 100 years.
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Ezenwanyi1
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January 22, 2019, 07:55:13 AM |
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Blockchain as a decentralized structure has come to stay. Blockchain technology is actually the future of payment irrespective of what is going on in the Cryptocurrency market now. The fact is that the blockchain technology will not die as long as the world exists. It's potential for the success of any business in the future.
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kaisa
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January 22, 2019, 09:16:40 AM |
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The blockchain is a distributed recording technology so that the distribution of records will always be continuous, but at least there must be a minimum confirmation of recording, at least 3 confirmations which will then be broadcast to the next chains. The more new networks automatically the more records on the blockchain, so the blockchain will continue to flow like water.
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coingecko
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January 22, 2019, 10:09:16 AM |
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Blockchain seems to be here for the long term, but it will improve to be more scalable in the long run. blockchain size will be so light that everyone with a mobile phone will be able to mine it without affecting daily usage. Hardware technology will definitely improve along with software technology, like how 20 years ago, a huge server could only store 128mb of storage, today a thumbdrive can store up to 1tb.
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DigitalCyberius
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January 23, 2019, 04:08:44 AM |
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That's a very interesting question. Obviously, it can't be "forever". However, look at most other technologies in the past. Bows were replaced with firearms, all paper currencies in the past have failed and lost the majority of their original perceived value, Telegraph was replaced with telephones, and telephones have been largely replaced with cell phones and now smart devices. The way we've dialed phone numbers has changed. Typewriters to keyboards and wordprocessors. Etc, etc. Blockchain is interesting, and the concept may stick around for a long time, it may even become deeply embedded into everyday life or into certain industries (of course it could also be forgotten and/or replaced). One should look into upcoming technology, such as quantum computing, and see if it poses dangers to blockchain technology, or if the two could be combined somehow to create a combination of both.
Have a good day, The Cyberius team.
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jakezyrus
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January 23, 2019, 06:00:05 AM |
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blockchain is a decentralized and secured technology for transaction or transfer currency all over the world. But is it possible to stop one day or its forever?
If miners will stop to mine then there will be a day for bitcoin or cryptocurrencies to stop or has an end in the future. ~ blockchain tech. isnt all about cryptos so even you say that miners will stop , other blockchain service can still run with or without human supervision . blockchain really is unstopbale though people have restriction to access it when the times that internet is not availble or if theres no power source because being online is the main habitat of blockchain technology
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Gazaaaaa
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January 23, 2019, 09:38:30 AM |
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"Blockchain" get issues not just for its latest but its transparency and integrity. These factors are enough to attract human's needs. The world eventually are progressing to more better society. Therefore, i think Blockchain might be replaced one day by more greatest technology but it won't stop easily
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YOSHIE
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January 23, 2019, 10:32:59 AM |
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blockchain is a decentralized and secured technology for transaction or transfer currency all over the world. But is it possible to stop one day or its forever?
What I know is that the Blockchain system is cryptographically protected so that the timestamp on the document cannot be damaged or backed up, it is very safe. About BlockChain Technology is designed in modern technology systems, data encryption is very strong and can only be read and added, but cannot be changed, protected by cryptography encryption that cannot be edited, BlockChain develops without depending on centralized servers. Therefore BlockChain avoids the risk of downtime on the server. Centralistic blockchain systems become decentralized, so the blockchain will not die or disappear along with the technological sophistication of the world today.
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sclmte
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January 23, 2019, 09:40:25 PM |
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blockchain is a great technology in the country and it's also a decentrilized blockchain for everyone, and it's also a secure well-organized currency. but a blockchain seems to consist of a never ending process but we can not say that everyone has an end but we just do not know when it will be lost forever or temporarily. we should prepare it for sometime because we do not know that blockchain techonogy will disappear shortly.
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FedorIzmailov
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January 23, 2019, 10:42:07 PM |
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I think that blockchain can be stopped only when the Internet disappears around the world. probably this can happen only because of the apocalypse
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AimHigh
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January 23, 2019, 11:01:51 PM |
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Yes it is possible that blockchain will stop soon because their is no permanent in this world but we need to trust blockchain. If we can see blockchain is a great new update of technology for data and for sure it consume many years before of stopping happen because many of company was now using blockchain even banks.
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Smithsuman
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January 25, 2019, 09:06:47 AM |
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blockchain works a transaction is placed in a block by miners who are special nodes. The computers in the network holding the Blockchain are called nodes. Miners place transactions in blocks in response to proof of work challenges. ... Cryptography is essential on Blockchains to thwart thieves who would like to hack into the Blockchain
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shesheboy
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February 02, 2019, 02:16:32 AM |
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No one can tell for the now but as time goes on only when the internet goes stops working or functioning then there will be no more blockchain and also it may also advance to an extent where we may even lose count
That wont happen because internet is super important to humans . many jobs and business rely on internet . electricity is the second important thing that are impossible to stop . do you notice that there are now generators ? Because even when blackouts or brownouts occur . the electricity and internet will always continue to run without interuptions . so as the blockchain . thats it, blockchain really is a never ending process .
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elda34b
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February 02, 2019, 04:01:25 AM |
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Blockchain is having a great influence on the world and most people are putting their faith in this technology very large because it can be applied in many different areas. Currently the world's major banks are using this technology to change the world better
Stop quoting like this. Your reply and what you've quoted doesn't have any correlations. Bitcoin is the king of blockchain, how ever when bitcoin at higher price all of altcoin and crypto have higher price, we can take care about how blockchain at the future, but we need support how to make bitcoin have higher price every time.
What does king of blockchain means? Seems like people view Bitcoin as some sort of cult leader. Anyway, just because something is priced higher than the other doesn't mean it is the "king", for example: BCH/XRP.
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rosepetals
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February 02, 2019, 02:17:02 PM |
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blockchain is a decentralized and secured technology for transaction or transfer currency all over the world. But is it possible to stop one day or its forever?
I think bitcoin is a never ending process and it can last long because as new adoptors accept the existence of the blockchain technology new generation would find ways in making it more effectively profitable and more user friendly.Possibilities would be that the chain will continue up to the youngones or the the new age of adoptors.
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plvbob0070
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February 02, 2019, 04:18:37 PM |
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blockchain is a decentralized and secured technology for transaction or transfer currency all over the world. But is it possible to stop one day or its forever?
Every transaction made are being added to the chain so it really shows that blockchain is a continuous and an endless process. Technology continues to grow and improve day by day, so does blockchain has a big room for improvement. It will continue to develop as technology continues to develop. As it continues to improve, people will be more dependent on it.
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romero121
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February 02, 2019, 04:29:57 PM |
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Truly blockchain is a never ending process, because the data gets added to the ledger. This keeps going on and this chain keeps going. Though there are different blockchain platforms, each has got its unique value in terms of processing, block addition, data retrieving. As the technology is new and in its adoptive stage the chain keeps growing forever.
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crwth
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February 02, 2019, 05:57:27 PM |
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I think, the blockchain transaction won't stop forever, even every day it will continue to increase technology will be increasingly sophisticated and will simplify blockchain transactions worldwide
Maybe you are talking about something else. The blockchain transactions didn't stop but it can, once no one will mine it. As more and more people goes into this technology the more unlikely that it will stop. If that happens though, our life won't be enough to witness it, and it would take a lot of transactions to do that, like what others said in this thread.
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tyz
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February 02, 2019, 06:23:04 PM |
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Bitcoin is the king of blockchain, how ever when bitcoin at higher price all of altcoin and crypto have higher price, we can take care about how blockchain at the future, but we need support how to make bitcoin have higher price every time.
Bitcoin is just a use case for the blockchain. The blockchain itself is much more than just Bitcoin and the further development and chances for success of blockchain tech do not depend on the price of any crypto coin.
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seoincorporation
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February 02, 2019, 06:41:55 PM |
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blockchain is a decentralized and secured technology for transaction or transfer currency all over the world. But is it possible to stop one day or its forever?
It was made to run forever, even when all the bitcoins get mined it should keep running for fees reward. Since mining is a business then there is not a good reason to stop it, so, while we have electricity and Internet, there will be a blockchain application running in the network.
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kidoseagle0312
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February 03, 2019, 05:20:29 PM |
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blockchain is a decentralized and secured technology for transaction or transfer currency all over the world. But is it possible to stop one day or its forever?
We don't know what will happen tomorrow nor even its gonna be like. For all I know about Blockchain technology, it cannot be hack. That's why it is really safe to use. But I don't think it will last forever, of course everything in this world has an ending so in this type of technology which is very trend nowadays, I guess it will improve more due to it is only the beginning were some of the country now are adopting little by little.
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keanne_isaac
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February 07, 2019, 03:15:38 PM |
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blockchain is a decentralized and secured technology for transaction or transfer currency all over the world. But is it possible to stop one day or its forever?
We don"t know yet since block chain is still in a development stage and its benefit and usage is not measured yet. But as the old saying says "there is no forever in this world" anyway technology doesnt stop theres always a new coming once old technology are stsrting to slow down.
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crossabdd
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February 08, 2019, 02:07:23 PM |
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Bitcoin is technology, a network of transactions that have no chain loopholes. has a database of all transaction records. I think Bitcoin and its technology won't die. it's just that it will make the latest upgrades on the network and others. currently many of the latest Bitcoin versions have been upgraded from old networks. but Bitcoin remains the best at the moment. and that will continue, because Bitcoin is the pioneer of the safest transactions.
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Godday
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February 08, 2019, 02:12:30 PM |
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blockchain is a decentralized and secured technology for transaction or transfer currency all over the world. But is it possible to stop one day or its forever?
my opinion is that bitcoin just paused. because they need a new strategy again so that everything goes well. so it's not like this, so sometimes bitcoin technology is increasingly tightened.
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Viceroy
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February 15, 2019, 09:33:12 PM |
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I think it may be stopped if the government is involved. Otherwise it seems to be endless.I think we have plenty of time to watch this process and then to tell our children about it
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REYVAN
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February 15, 2019, 09:49:18 PM |
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As long as there are those who use, develop, build, it will not stop. At the moment there is no better alternative than the blockchain, if at any time there is new technology, new science, new ways and it is better to be safe, people will move from the blockchain, but this doesn't seem to happen in the near future.
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