Bitcoin Forum
June 27, 2024, 11:47:06 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1] 2 »  All
  Print  
Author Topic: Blockchain 3.0 Blockchain 4.0 can they start dominating in the nearest future?  (Read 212 times)
Mezounbanned (OP)
Newbie
*
Offline Offline

Activity: 342
Merit: 0


View Profile WWW
August 05, 2018, 02:57:25 PM
 #1

Hello,
I witnessed recently how many new blockchains appears, claiming to be the next version of blockchain solving all problems of the later. Those projects have pretty high hype some technology behind it. But do we really believe that these projects can really dominate? I would say that this is quite speculative and just tech advancement way not enough to start conquering the market.
ABMARK
Newbie
*
Offline Offline

Activity: 168
Merit: 0


View Profile
August 07, 2018, 07:01:58 PM
 #2

Every technology often faces some new problems. Blockchain is also the same. So if it is updated to fix the problems then i think it will be better for the technology.
harrybell
Newbie
*
Offline Offline

Activity: 139
Merit: 0


View Profile
August 07, 2018, 11:40:53 PM
 #3

Yes, there is a possibility of that. Because blockchain 3.0 or d’apps backend code doesn’t work on centralized servers. It’s a benefit of blockchain 3.0 over traditional applications. P2P network helps to run blockchain 3.0. So, it guarantees transparency to the customer.
dreammoney710
Newbie
*
Offline Offline

Activity: 196
Merit: 0


View Profile WWW
August 08, 2018, 01:54:42 AM
 #4

The first and foremost thing is, to never go for hypes. We need to see the facts and figures. Everyone wants to be the best ones and claims to be the best. But only a handful of them are at the top. The best option would be to go for the ones which have been in the market for a long time.
metribitcoin
Full Member
***
Offline Offline

Activity: 420
Merit: 102



View Profile
August 08, 2018, 02:09:23 AM
 #5

In my opinion blockchain of Bitcoin and Ethereum will still become the most popular one, because both always to be much better than others. Blockchain of Ethereum soon will change and use Proof of Stake, and by use sharding and plasma will possible to process amillion transaction persecond. Blockchain of Bitcoin also will make revolusioner by use lighting network will has posibility to proccess amillion transaction per second too.
Simple_Plan
Jr. Member
*
Offline Offline

Activity: 113
Merit: 2


View Profile
August 08, 2018, 02:29:53 AM
 #6

Every project call themselves "Blockchain 3.0" or "Blockchain 4.0" is trash. It's just a marketing term to draw attention. Only BTC and ETH are genuine and applicable blockchains.

Until now, ICOs keep using ERC 20 compliant tokens rather than any other platforms. So I dare say those Blockchain 3.0 and Blockchain 4.0 won't become popular in near future.

∞ HYPNOXYS | A Backed Protocol To Decentralize The Chatting Industry
visit : www.hypnoxys.com
bitcoinminer566
Newbie
*
Offline Offline

Activity: 308
Merit: 0


View Profile
August 08, 2018, 02:48:19 AM
 #7

These new upgradation, or versions or as we put it "update" for blockchains, are there to implement in new features, and also to carry on bug fixes, showing a sign of cotinuous improvement. The new changes from 3.0 then 4.0 are just new versions, since blockchains are still evolving, so better and more secure versions keep coming out. But once, all of it is establishes and are fully developed, I am positive to one bigger platform under one, where all these features will be vigilant. So. time will bring the full establishment, till then new releases or small versions are expected.
bitcoinhero777
Newbie
*
Offline Offline

Activity: 77
Merit: 0


View Profile
August 08, 2018, 03:31:33 AM
 #8

Almost all of these self proclaimed 'newer' blockchain technologies come up with one or two extra features that wasn't available in the previous blockchains. So, I think, once all these features get released by different blockchains, there will be a blockchain that will have all the features integrated in one place. That would be the perfect blockchain that everyone would adopt.
Mezounbanned (OP)
Newbie
*
Offline Offline

Activity: 342
Merit: 0


View Profile WWW
August 08, 2018, 06:34:46 AM
 #9

In my opinion blockchain of Bitcoin and Ethereum will still become the most popular one, because both always to be much better than others. Blockchain of Ethereum soon will change and use Proof of Stake, and by use sharding and plasma will possible to process amillion transaction persecond. Blockchain of Bitcoin also will make revolusioner by use lighting network will has posibility to proccess amillion transaction per second too.
I agree with you also support for those chains are the highest. If we take Etherium them amount of project appearing everyday is just incredeble, so the pack of supporters and devs is huge. Those new blockchain has in my view not a big chance of success. Also recent price change of them suggest the same. But only time will show.
SlaveKing
Newbie
*
Offline Offline

Activity: 62
Merit: 0


View Profile
August 08, 2018, 07:54:59 AM
 #10

I think all of these new blockchain technologies offer extra security or extra transparency which is the same for all the 'better' blockchains available right now. But, I would definitely like to see some blockchains that are totally dedicated towards solving real world problems like: corruption, poverty, recession etc.
UZIzzzz
Member
**
Offline Offline

Activity: 168
Merit: 10


View Profile
August 08, 2018, 08:01:57 AM
 #11

I think it's still unlikely at the moment,since the technology is still not mature enough, blockchain 2.0 is still in development at the moment, and 3.0 and 4.0 seem more like hype at the moment.

DCC│Distributed Credit Chain
    Empower Credit, Enable Finance   
GithubFacebookMedium ‹‹‹dcc.finance››› RedditTwitterTelegram
cryptohopes
Newbie
*
Offline Offline

Activity: 126
Merit: 0


View Profile
August 08, 2018, 08:24:39 AM
 #12

I think the blockchain technology need to be updated as a timely basis. It's really important to make it more efficient as its popularity is increasing.
ShiftLocker
Newbie
*
Offline Offline

Activity: 224
Merit: 0


View Profile
August 08, 2018, 08:37:58 AM
 #13

I agree with you but all system must get upgraded in time to time,So does blockchain. This new version would slove the problems it faced and would be more protective.
passioncrypto
Newbie
*
Offline Offline

Activity: 336
Merit: 0


View Profile
August 08, 2018, 10:37:51 AM
 #14

I hope the new protocol versions will be better than the previous version. Otherwise it will lose its efficiency. If the new protocols fix all the existing problems, it will be easier for blockchain to conquer the world.
rahimali
Newbie
*
Offline Offline

Activity: 252
Merit: 0


View Profile
August 08, 2018, 11:45:50 AM
 #15

As log as the currency is digital, technology will come and go frequently. Still there have been a rush by various companies to include a technology which IRL doesn't solve existing problems. Rather they do so to mark up their ICO sale and stuff.
sunlitit654
Newbie
*
Offline Offline

Activity: 252
Merit: 0


View Profile
August 08, 2018, 12:50:17 PM
 #16

I think that in future the market needs more advanced technology to improve. The current blockchain service is good. It's better versions are better, but we need to find out more about the future market needs.
alinalovedoogie
Newbie
*
Offline Offline

Activity: 266
Merit: 0


View Profile
August 08, 2018, 02:09:12 PM
 #17

Blockchain is a bitcoin explorer it is very popular I think. There are many version of blockchain also. May be the new versions of blockchain will be more secured and new new advantages also added and that will be more helpful.
TerrorFromTheDeep
Full Member
***
Offline Offline

Activity: 324
Merit: 100



View Profile
August 08, 2018, 02:17:01 PM
 #18

I think that the Ethereum was really a project worthy of the title Blockchain 2.0. At the moment, there is not such projects that could claim the next-generation blockchain. Technologies are not yet ready for this.
BogdanGFTP
Full Member
***
Offline Offline

Activity: 504
Merit: 101



View Profile
August 08, 2018, 02:23:54 PM
 #19

All these new projects are really revolutionary and it is very good for us to see it. Many of them are not as decentralized as Bitcoin or even as Ethereum. But they solve other problems like scalability and speed of transactions which the most decentralized cryptocurrencies can not solve.
Ferris419
Hero Member
*****
Offline Offline

Activity: 1008
Merit: 501



View Profile
August 08, 2018, 02:30:22 PM
 #20

Several projects were created with a name called blockchain 3.0. This is ridiculous and unworkable. As known ETH is blockchain 2.0, But to the present ETH is not yet complete. It continues to evolve to deserve the name blockchain 2.0. And projects with a mission of blockchain 3.0 Still can not do anything in the present. Maybe they will fail soon

Bitcoin is gonna hit 100K usd
Pages: [1] 2 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!