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Author Topic: Is blockchain is a never ending process?  (Read 895 times)
kastara
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June 16, 2018, 12:37:40 AM
 #21

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.
YTBitcoin
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June 16, 2018, 12:40:13 AM
 #22

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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June 16, 2018, 12:41:30 AM
 #23

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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June 16, 2018, 06:28:58 AM
 #24

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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June 16, 2018, 09:08:16 AM
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 #25

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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June 16, 2018, 09:12:08 AM
 #26

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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June 16, 2018, 09:43:09 AM
 #27

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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June 16, 2018, 09:44:10 AM
 #28

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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June 16, 2018, 09:46:05 AM
 #29

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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June 16, 2018, 09:53:30 AM
 #30

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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August 04, 2018, 12:15:37 PM
 #31

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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August 04, 2018, 12:21:03 PM
 #32

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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August 04, 2018, 12:22:05 PM
 #33

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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October 16, 2018, 07:36:07 AM
 #34

Blockchain itself can be a never-ending process, its just depending on how fast the person is doing the codes.
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October 16, 2018, 07:41:02 AM
 #35

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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October 16, 2018, 07:46:55 AM
 #36


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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October 16, 2018, 08:03:30 AM
 #37

I think it can last up to 100 years and it's hard to stop.
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October 16, 2018, 11:11:56 AM
 #38

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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October 17, 2018, 05:54:50 AM
 #39

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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October 19, 2018, 01:41:51 AM
 #40

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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