Blockchains are still early!

[Fredomago]

I think everyone knows that the implementation of blockchain technology is still in the early stages. It may have accelerated a bit this past few months but it is still a long way to go.

Which is the right, there's still a lots of things to consider before everything will run smoothly as desire, blockchain still on the process of being test and check if things will be running smoothly to have more adoptions and trust, but this opening will bring a huge success after everything has been polish and  after realizing the usabilities of this system.

[clipto]

We are just at the beginning of our way. I totally agree and think that we are only on the early development stages and a lot of work should be done before this industry will reach the mass adoption. Lets just wait and see what happens next.

[St4yInTh3D4rk]

Blockchain technology was implemented way back then it was implemented on bitcoin at 2017 so it is literally not new when compared to the technologies were are using like smartphones but applications are blockchain is is not implemented on many places so it looks new to the common people.

You didnt get this topic, moving from one system from another is slow process, it can last very long, how much will last implementing blockchain  in global economy we will see, some people say 5 years, others 20, but I guess we will need to wait to see.
Here the main word is global, globally, not individuals, its about full adoption of blockchain, and I think thats coming.

Sorry for those typos,I actually said that we are adopting to the blockchain technology slower when compared to the other new technologies like android because we still didn't find the applications of blockchain at many places.

[cizatext]

You are right in most time we expect technology to perform miracle and to do what its not expected the blockchain technology is still at it early stage and at that we can say it still doing fine, and give it time to come the technology is going to be the answer to all economic question and desirea.

[Mpamaegbu]

My point exactly, this blockchain move is relatively new and it's already making impact for many people and countries.

I doubt anyone will argue the impact of the blockchain technology within a short while of its discovery, especially in the finance departments of several firms. With time this could easily become one of the greatest discovery of this century when will look back how things have turned.

[frchowe214]

Adoption in the industry is increasing and is likely to continue the trend throughout the year. Early investors are going to be rewarded as usage expands across the globe

[cytpoway121]

Blockchain are not early; it’s been almost a decade of immense practice, experiments and real life usage of several Blockchain platforms such as etherum eos stellar waves etc

Am not sure what early you are talking about because artificial intelligence is here

[Chika08]

Yes I have believed this statement,  the blockchain technology is still on its early stage and is growing strong. I believe that this is the best time to be part of this movement as it still enjoy its early stage than later when I think it will be tough to get in

[Moiyah]

It is just his sentiments regarding the blockchain technology but as far as I know he is also benefited from it. I don't think it is too early. Just fine for this generation to at least experienced this kind of advanced technology. We've been longing for this and I do not regret that I already met this blockchain thing.

[OnceTwiceThird]

Blockchain is bitcoin and without bitcoin blockchain is nothing, how ever when bitcoin raised up will have make famous of blockchain system and without bitcoin investor support maybe less interested with blockchain.

[olabiyijummy02]

This is very soon because I think a lot of projects that are using a blockchain like now do not really have a working protocol or a working product that will really utilised blockchain for the mass market but in the long-term the applications are endless and it has lot of potential but in the short-term real life applications are limited.
The blockchain as a youth future and investors just have to be patient enough and be strategy of about their investment

[overnight03]

I think that blockchain is future.. it is already proven.. more cost-effective, less fees and higher speed as there are no intermediaries, more transparency, lack of one point failure... That is why sooner or later, this will make a huge impact in all our lifes and will get massively adopted.

Blockchain seems to be the future of the world because of its outstanding features, which is also the reason why many governments in many countries are focusing on blockchain, and if blockchain grows, crypto will also grow. !

[jessyj48]

Blockchain technology is still very young @10years but its better we started this very early ,the earlier the better as thy say and remember that cryptocurrency is still facing many problems presently and it will only get fixed in time so let's all relax and enjoy blockchain  technology

[superstarbtc]

present blockchain adoption is early internet the fast development of blockchain asset and new innovation in blockchain we can compare to early internet

[dmzworld]

The saying is true, I accept it. I presume that a time is coming whereby almost everyone on the surface of the earth will know about the blockchain technology and will have one or more things to do with the technology. Am glad I know about this at its early stage as this.

[bitgolden]

"We tend to exaggerate the impact of technology on the short term, but massively underestimate its impact on the long term. It’s clear that blockchains are early today, but they will undoubtedly transform economies tomorrow." - Beniamin Mincu CEO - www.elrond.com

What do you guys think?

https://twitter.com/ElrondNetwork/status/1102530679324196864

Rome was not built in a day and we seriously need to erase that mentality most of us have seeing blockchain as get quick riche scheme without thinking of the technology itself a long term technology aim at advancing our technology in the interim.
Blockchain is already proofing itself to be extremely useful which will not be easily accepted by those against it and lots of battles needs to be overcome for it to be fully effective before we can see the massive effect on the economy.

[terra_vival]

Blockchain technology is a new stage of progress. Now blockchain is at the origins of its development and has already found its application in various industries, this technology has a huge potential to change the life of mankind.

[Gary Levanevskii]

I agree with you. Blockchain and cryptocurrency are still at an early stage of development. By this, it is now risky to invest in cryptocurrencies.

[deodivine1]

This is very true. Blockchain technology is still at early stage but nevertheless it's already impacting many sectors and drawing attention.  Institutions and some big players are doing more research on blockchain technology. For instance, some ministries are doing research on how Blockchain can improve their operations. The fact that the blockchain is immutable, doesn't require a second party when it comes to agreements and also easy of tracing transactions makes it top notch.

[PuertoLibre]

This is very true. Blockchain technology is still at early stage but nevertheless it's already impacting many sectors and drawing attention.  Institutions and some big players are doing more research on blockchain technology. For instance, some ministries are doing research on how Blockchain can improve their operations. The fact that the blockchain is immutable, doesn't require a second party when it comes to agreements and also easy of tracing transactions makes it top notch.

Institutions are not entered to crypto market yet and we expect huge bull trend if they come to this industry. Current marketcap of cryptocurrencies are less than 500 billion but after the institutions, it can reach to trillion dollar level.