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Author Topic: Blockchain Doesn't Have to Be Perfect  (Read 532 times)
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November 07, 2018, 05:10:46 AM
 #41

I think, the blockchain is perfect, because this is a currency innovation that can make transactions easier, more convenient, safer, and faster.

Decentralized and peer to peer are important points that distinguish between bitcoin and other currencies.

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November 08, 2018, 03:25:58 PM
 #42

Agree to your words in general. Blockchain is becoming safer and safer, it is really innovated and improved, but in sevral years it would be more improved so we understand that it isn't perfect for today's date.
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November 08, 2018, 05:41:22 PM
 #43

I think, the blockchain is perfect, because this is a currency innovation that can make transactions easier, more convenient, safer, and faster.

Decentralized and peer to peer are important points that distinguish between bitcoin and other currencies.

in my opinion also like that, indeed the blockchain is perfect, because nothing has been able to replace the blockchain to date. The blockchain is a new technology that is growing rapidly now.
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November 08, 2018, 05:52:00 PM
 #44

I don't think that is the general view of people now. If you are reading the news you will see that a lot of multi-billion dollar companies are going into what they call a patent war, these companies are trying to file their own version of blockchain into patents which they will use to make billions of dollars again. With this you know that this companies are trying to exploit the technology in blockchain into their own businesses. This itself shows that blockchain is an important invention and it has several uses outside of cryptocurrencies.

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November 08, 2018, 07:11:50 PM
 #45

Blockchain to me is almost a perfect technology we have ever seen before and even now. Transaction been carried out on this technology has not been reported imperfect rather almost perfect, just my own opinion and views. For top industries trying to get involve into the technology called Blockchain make it the most reliable of it all and almost perfect. 

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November 08, 2018, 07:22:25 PM
 #46

I do not believe that anything is perfect and the Blockchain platform is not perfect either. The blockchain is transparent about transactions, and you quickly find the starting point of any sale, but it hides the identity of that person, and this is probably the biggest downside of it.

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November 08, 2018, 07:25:36 PM
 #47

I think blockchain technology is very good, but over time it can be perfect for most domains.
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November 08, 2018, 10:21:31 PM
 #48

I don't think there is a technology that is truly perfect, all technology has its own shortcomings, maybe we don't know it yet and we can only see an advantage of that technology
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November 10, 2018, 02:05:19 PM
 #49

That's right, but it must complement bitcoin because the Blockchain is a distributed data storage technology that verifies records of transactions recorded transparently in ledgers and replicates and saves them to multiple nodes so that anyone can access, to prevent hacking
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November 10, 2018, 04:20:12 PM
 #50

The greatest suspicions and alleged remarks on the blockchain really reflect all the hypocrisies of this world. The blockchain is expected to be perfect while at the same time the traditional system has more holes than patches.
Why would it be necessary for the blockchain to be perfect while everything else is in complete disarray?
We really do not have to be disturbed by such remarks, but only to work on improvements.
Blockchain has the potential to improve important problems in society's economic architecture and it leaves very little room for deceptions and unfair evaluations.
That's where the problem begins for the traditionalist.
The impossibility of speculation and false assessment, the misuse of all kinds, which are usually done at the expense of ordinary people, terrify them the most.
We don't need to be concerned about whether the blockchain is perfect, but to improve it and make it better and the rest is unavoidable
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November 10, 2018, 06:41:36 PM
 #51

What kind of perfection do you mean? The blockchain is a technology, all technologies have weaknesses. I think the blockchain also has a system weakness, the blockchain must accommodate many computers and the more it is the better for the network. The disadvantage is the disposal of energy and cannot be regulated. So that the strong are the winners. So, what kind of simplicity would be achieved by a technology.
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November 10, 2018, 07:04:06 PM
 #52

I never think anybody will think toward this direction because the world we all are living in is full of hypocrisy. The corruption around the world is what awaken the power of the Blockchain technology which Bitcoin is the mainstream and has deliver it ability of transparency. Transparency and freedom is what the people need and not perfection of the blockchain.

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November 10, 2018, 08:49:41 PM
 #53

I think that nothing is perfect and it must not be perfect. However, if to compare this system with others, it can be considered the perfect one because it is very smart. to my mind, it is worth using it due to its benefts for businesses

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November 10, 2018, 10:45:27 PM
 #54

The greatest suspicions and alleged remarks on the blockchain really reflect all the hypocrisies of this world. The blockchain is expected to be perfect while at the same time the traditional system has more holes than patches.
Why would it be necessary for the blockchain to be perfect while everything else is in complete disarray?
We really do not have to be disturbed by such remarks, but only to work on improvements.
Blockchain has the potential to improve important problems in society's economic architecture and it leaves very little room for deceptions and unfair evaluations.
That's where the problem begins for the traditionalist.
The impossibility of speculation and false assessment, the misuse of all kinds, which are usually done at the expense of ordinary people, terrify them the most.
We don't need to be concerned about whether the blockchain is perfect, but to improve it and make it better and the rest is unavoidable

The blockchain does not need to be perfect, but if things like this are left unchecked and without any development, the successor technology will also not exist. Innovation must remain, and especially security, if security is not enhanced then the blockchain will collapse

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November 10, 2018, 10:48:20 PM
 #55

It's hard to get something perfect, if people keep asking for the perfect blockchain, it seems they are too ambitious.
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November 11, 2018, 07:47:01 PM
 #56

Blockchain is a wonderful, brilliant technology, but of course we can't call it perfect. But the main thing is not that, but that it continues to develop and improve. This is a very important quality for any invention.
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November 11, 2018, 08:07:07 PM
 #57

You're right, blockchain doesn't have to be perfect, but this technology does everything for it. Transactions are becoming faster and cheaper, and that suggests that bitcoin is in the process of constant modernization. That's important.



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November 11, 2018, 08:14:27 PM
 #58

Nevertheless, bitcoin is a very worthy replacement for national currencies, even despite its shortcomings. Moreover, the development team continue to work on the technology to make it more comfortable for us to use it. Therefore, it is possible that bitcoin can become perfect.

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November 11, 2018, 10:32:46 PM
 #59

Nothing is perfect in this world. And blockchain is no exception. Everything has its drawbacks and problems that need to be addressed. This will only help to get closer to perfection, but will not make anything perfect.

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November 11, 2018, 11:10:21 PM
 #60

The greatest suspicions and alleged remarks on the blockchain really reflect all the hypocrisies of this world. The blockchain is expected to be perfect while at the same time the traditional system has more holes than patches.
Why would it be necessary for the blockchain to be perfect while everything else is in complete disarray?
We really do not have to be disturbed by such remarks, but only to work on improvements.
Blockchain has the potential to improve important problems in society's economic architecture and it leaves very little room for deceptions and unfair evaluations.
That's where the problem begins for the traditionalist.
The impossibility of speculation and false assessment, the misuse of all kinds, which are usually done at the expense of ordinary people, terrify them the most.
We don't need to be concerned about whether the blockchain is perfect, but to improve it and make it better and the rest is unavoidable

No one is saying that the blockchain is a great technology that will save the world from crime and deception. Yes, there are also many holes and bugs. But the fact is that the blockchain has a huge potential for development, and the rest of the technology is just standing on the sidelines and waiting for write-off like an old used tractor.

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