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Author Topic: Will blockchain disappear?  (Read 595 times)
funchiestz
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November 20, 2018, 11:02:34 AM
 #41

Blockchain Technology in recent years has caught a big stir! Reminds the situation of the emergence of the first online stores and cloud computing, then there was a similar situation.

Do you remember the days of the Internet boom?

Then absolutely every people and each company switched to "business on the Internet."
The rapid development of companies such as Amazon or eBay has caused the great attention of people to the new opportunities offered by the global network.

Then there were many companies that used the mention "Internet" as a kind of "magic spell."
This helped them easily receive significant investments but not only from venture funds but also from more traditional financial institutions.

A similar hype can be observed with blockchain-technologies.
The blockchain is definitely an important technology. But some firms overly exaggerate its usefulness or simply call the already existing services, which are deprived of the fundamental components of the blockchain technology. There was one funny incident, which clearly shows this problem:

In December 2017, Long Island Iced Tea shares rose at 432% after adding the word “blockchain” to the company's name, and Long Island’s market capitalization rose to $ 70 million.

And now, when the noise around the blockchain is so bloated, some companies refuse to use this word at all.

In a new report where Forrester Research says that the word "blockchain" for some companies is now being replaced with the abbreviation DLT - distributed ledger technology. The word, though not so memorable, but partially describes the essence of the technology.

I think that these words will, in any case, be used in the community, as they have already thoroughly entered into our slang.

What do you think?
Will blockchain disappear?


Nothing that's happening nowadays is because of the blockchain. Because of people who turn Blockchain into a conflict for their own personal interests.
yugyug
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November 20, 2018, 11:10:32 AM
 #42

Blockchain is a technological breakthrough for data management and security although it is still part of distributed ledger technology but blockchain caught an attention in IT industry and many technology company are developing and innovating blockchain technology and it is far from reality that it will disappear soon as it is still a rising technology needs further development.
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November 20, 2018, 11:14:01 AM
 #43

Maybe your confusing of what you have read in an article. Blockchain technology would not be disappear it will stay for the lifetime only humans will disappear Smiley. Every year the blockchain technology always have an innovations to be as a user friendly.

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November 20, 2018, 11:19:03 AM
 #44

Blockchain Technology in recent years has caught a big stir! Reminds the situation of the emergence of the first online stores and cloud computing, then there was a similar situation.

Do you remember the days of the Internet boom?

Then absolutely every people and each company switched to "business on the Internet."
The rapid development of companies such as Amazon or eBay has caused the great attention of people to the new opportunities offered by the global network.

Then there were many companies that used the mention "Internet" as a kind of "magic spell."
This helped them easily receive significant investments but not only from venture funds but also from more traditional financial institutions.

A similar hype can be observed with blockchain-technologies.
The blockchain is definitely an important technology. But some firms overly exaggerate its usefulness or simply call the already existing services, which are deprived of the fundamental components of the blockchain technology. There was one funny incident, which clearly shows this problem:

In December 2017, Long Island Iced Tea shares rose at 432% after adding the word “blockchain” to the company's name, and Long Island’s market capitalization rose to $ 70 million.

And now, when the noise around the blockchain is so bloated, some companies refuse to use this word at all.

In a new report where Forrester Research says that the word "blockchain" for some companies is now being replaced with the abbreviation DLT - distributed ledger technology. The word, though not so memorable, but partially describes the essence of the technology.

I think that these words will, in any case, be used in the community, as they have already thoroughly entered into our slang.

What do you think?
Will blockchain disappear?


Nothing that's happening nowadays is because of the blockchain. Because of people who turn Blockchain into a conflict for their own personal interests.
I agree with you, there should be no need to blame the blockchain because it all depends on the nature behind it, everything will change function when using it is not suitable for its use.

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November 20, 2018, 11:37:22 AM
 #45

Even if cryptocurrencies disappeared (which is quite unlikely as we're just at the beginning) this still wouldn't mean that blockchain-technology would disappear.
I've never think if blockchain still be used if there is no currency supporting into this. Blockchain technology become so popular just because of crypto coins and it is bonded strong to have a productive output resulting into benefits of the community and itself. 



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November 20, 2018, 11:44:26 AM
 #46

The blockchain technology has broken into our modern world and has great prospects for the future. And blockchain-based cryptocurrencies can become an ideal payment system.
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November 20, 2018, 11:51:37 AM
 #47

Blockchain Technology in recent years has caught a big stir! Reminds the situation of the emergence of the first online stores and cloud computing, then there was a similar situation.

Do you remember the days of the Internet boom?

Then absolutely every people and each company switched to "business on the Internet."
The rapid development of companies such as Amazon or eBay has caused the great attention of people to the new opportunities offered by the global network.

Then there were many companies that used the mention "Internet" as a kind of "magic spell."
This helped them easily receive significant investments but not only from venture funds but also from more traditional financial institutions.

A similar hype can be observed with blockchain-technologies.
The blockchain is definitely an important technology. But some firms overly exaggerate its usefulness or simply call the already existing services, which are deprived of the fundamental components of the blockchain technology. There was one funny incident, which clearly shows this problem:

In December 2017, Long Island Iced Tea shares rose at 432% after adding the word “blockchain” to the company's name, and Long Island’s market capitalization rose to $ 70 million.

And now, when the noise around the blockchain is so bloated, some companies refuse to use this word at all.

In a new report where Forrester Research says that the word "blockchain" for some companies is now being replaced with the abbreviation DLT - distributed ledger technology. The word, though not so memorable, but partially describes the essence of the technology.

I think that these words will, in any case, be used in the community, as they have already thoroughly entered into our slang.

What do you think?
Will blockchain disappear?

Yes,blockchain technology will not disappear,it has come to stay firmly, the benefits associated with the blockchain technology is so vast that it will not just fade out, we know that the crypto market is down now but it will soon recover. Thanks
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November 20, 2018, 07:15:44 PM
 #48

Blockchain is a very interesting phenomenon that is not going to disappear. It is slowly integrating itself into almost every industry and will help to make the new industrial revolution. Lets see what happens in the next 5 years.

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November 20, 2018, 07:22:09 PM
 #49

I strongly believe in backing the crypto assets with precious metals and find a sure way to secure any crypto wallet. Because, volatility and vulnerability are both primary issues of the blockchain tech.

Gigzi is the answer for this problematic. It is backing the crypto value with precious metals price giving it more stability. Moreover, using the iristech is a great way of protecting crypto wealth.. https://gigzi.com



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November 20, 2018, 07:23:54 PM
 #50

Blockchain Technology in recent years has caught a big stir! Reminds the situation of the emergence of the first online stores and cloud computing, then there was a similar situation.

Do you remember the days of the Internet boom?

Then absolutely every people and each company switched to "business on the Internet."
The rapid development of companies such as Amazon or eBay has caused the great attention of people to the new opportunities offered by the global network.

Then there were many companies that used the mention "Internet" as a kind of "magic spell."
This helped them easily receive significant investments but not only from venture funds but also from more traditional financial institutions.

A similar hype can be observed with blockchain-technologies.
The blockchain is definitely an important technology. But some firms overly exaggerate its usefulness or simply call the already existing services, which are deprived of the fundamental components of the blockchain technology. There was one funny incident, which clearly shows this problem:

In December 2017, Long Island Iced Tea shares rose at 432% after adding the word “blockchain” to the company's name, and Long Island’s market capitalization rose to $ 70 million.

And now, when the noise around the blockchain is so bloated, some companies refuse to use this word at all.

In a new report where Forrester Research says that the word "blockchain" for some companies is now being replaced with the abbreviation DLT - distributed ledger technology. The word, though not so memorable, but partially describes the essence of the technology.

I think that these words will, in any case, be used in the community, as they have already thoroughly entered into our slang.

What do you think?
Will blockchain disappear?
i really doubt taht blockchain is going to disappear nad that it is nice for us to make soe  plans anbout the future right jow
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November 20, 2018, 07:25:56 PM
 #51

I think that there is not a single chance for the blockchain to disappear. this technology has come for ages

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November 20, 2018, 07:27:33 PM
 #52

Blockchain is not going to disappear no matter the forces against it at the moment that seems that is the way its going. I have read about projects done on blockchain by firms that have nothing to do with crypto currencies and more importantly they are reputable institutions with influence all over the economy. This point to the direction of the enormous potential that this technology has and the solution it tends to bring.
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November 20, 2018, 07:33:42 PM
 #53

Blockchain as a terminology in the world of cryptocurrency cannot disappear overnight as many have adapt to the usage of the said Blockchain than DLT you mentioned. DLT does not explain the full meaning of Blockchain, i believe that DLT was derived from the traditional language and not the Blockchain.

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November 20, 2018, 07:39:38 PM
 #54

No blockchain will not dissepear. These companies only doing something like these becasue of bear market. Bulls and bears is the important part of cryptospace. So these movements are normal. I agree with internet's situation comparing blockchains situation. I think blockchain will same hype in the future like internet. Only sometimes during prices are decreasing these companies try to stay away from blockchain word.

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November 20, 2018, 08:03:59 PM
 #55

i do not think the blockchain will disappear so easily. just think about the .com bubble. it may have burst, but the internet and the successful internet companies have evolved and by now the .com market is much bigger than before the bubble burst. it could be the same with the crypto market, but that is just my opinion.
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November 20, 2018, 08:09:21 PM
 #56

Blockchain technology is one of its kind and as such it won't disappear, rather it will evolve and incorporated into many sectors, all that is required is time and consistency. So to your question, Blockchain technology won't disappear.
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November 20, 2018, 08:22:43 PM
 #57

that DLT is just too complicated to be used by so many people, most of us already familiar with the word blockchain so why bother to use DLT abbrevation which far more complicated than just saying blockchain, even it's the first time I hear that, so I'm not sure that word blockchain will dissapear.

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November 20, 2018, 11:21:02 PM
 #58

Blockchain is a revolutionary technology which will change the economy we have now, like internet did. I remember the time of the start of the internet and we could see that the mass adoption took time and there were many obstacles on the way. Blockchain will be similar, but the mass use is more complicated, but more and more companies will see and use the benefits it provides.
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November 20, 2018, 11:29:36 PM
 #59

it will not happen block chains will always live you can see how this technology begins to evolve around the world, it is being implemented in all areas of activity here is one of them # swachhcoin The project will pay people for their trash At the moment, the bonus is 25%, you can buy coins by the end of October. I advise you to see the project.
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November 21, 2018, 08:22:05 AM
 #60

In a new report where Forrester Research says that the word "blockchain" for some companies is now being replaced with the abbreviation DLT - distributed ledger technology. The word, though not so memorable, but partially describes the essence of the technology.

I think that these words will, in any case, be used in the community, as they have already thoroughly entered into our slang.

What do you think?
Will blockchain disappear?
It will not disappear for sure. It may not have all the usage we have right now, we use blockchain in many stuff, specially ethereum blockchain is used in many places for many different type of companies and I feel like it would be exactly like internet dotcom bubble.

At the end there will be companies who go soaring into technological monopoly and be giants of the world just like apple, amazon and so forth came out stronger from that dotcom bubble. Some companies will die off into the sunset never to be seen again whereas some blockchain companies will be huge in their sectors. I feel like those huge big companies already exist right now but we just don't know which ones.

For example, the owner of cryptokitties the dapper labs could make some new games as well and become the blockchain gaming giant in the future. Same could happen in many different blockchain companies.

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