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Author Topic: Blockchains are still early!  (Read 558 times)
gidaahmad
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March 06, 2019, 11:59:40 PM
 #61

Blockchain continues to grow. Now many smart people, who make the blockchain network with their respective advantages. Because this technology has made it easier for many people to transact. So, enough of us who live it and we who know it.
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March 07, 2019, 04:20:28 AM
 #62

Totally agreed, it is the same as the Internet, back in the day when internet first launced and available to be utilized by public, the hype is huge, but then the impact is as huge as the hype. But, after couples of years and decade, we now understand that Internet is really usefull, and now it is a lifestyle and daily needs.

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March 07, 2019, 04:27:22 AM
 #63

Yep, we're still researching about blockchain technology cause it's still a really new thing to the whole world, we still only can apply blockchain technology in few fields in economic and education while blockchain technology even can change everything make everything become much easier.

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March 07, 2019, 04:51:56 AM
 #64

Thats true, because if you think about internet it took about 30-40 years until it became what is is today and even now not everyone has access to it. Blockchain was created just 10 years ago and a few million people use it today. Think about how will Blockchain look in the next 20 years.
In my opinion, we can’t say that it’s too early for us to implement blockchain technology. It would even be much better if this technology appeared ten years earlier. After all, this is, in fact, safe storage of large databases online. And this could be applied on the Internet and much earlier.
However, after another 10 years, this technology will find worthy use in almost all areas of our life.

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March 07, 2019, 05:10:36 AM
 #65

I also think that in the long run, Blockchain is a new economy. Now this technology has declared itself and is developing by leaps and bounds.

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March 07, 2019, 09:18:59 AM
 #66

I think blockchain will bring resiliency to the good relationships for the people. It will also reduce costs which will make all our products cheaper. Its not only about the end product we get, its about the entire lifecycle of products.
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March 08, 2019, 06:54:27 PM
 #67

Totally agreed, it is the same as the Internet, back in the day when internet first launced and available to be utilized by public, the hype is huge, but then the impact is as huge as the hype. But, after couples of years and decade, we now understand that Internet is really usefull, and now it is a lifestyle and daily needs.
We are yet in the early stage for the blockchain technology even though 10+ years passed since bitcoins were been launched along with the blockchain technology.

Comparing blockchain technology along with internet is a good option because even internet did not had that good amount of users when it was newly launched but as we compared it now, there are a lot of peoples who are been enrolled with internet today and same would be the situation with blockchain ahead.
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March 08, 2019, 08:16:48 PM
 #68

I fully agree with that statement. Blockchain technology is still very young and its best times are yet to come. I am sure that it is still with a new wave will overwhelm the whole world.

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March 08, 2019, 09:07:44 PM
 #69

I fully agree with that statement. Blockchain technology is still very young and its best times are yet to come. I am sure that it is still with a new wave will overwhelm the whole world.
This technology should receive global support, guarantees from the government for widespread use.  Wink

 
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March 08, 2019, 10:04:58 PM
 #70

Now this technology is of interest, but few people use it. Very soon this will change and I believe that blockchain technology will be used all over the world.

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March 08, 2019, 10:18:22 PM
 #71

I agree, it is still quite early. I think mass adoption will be quite profound in 5 more years. I think we might even see other countries become faster adopters than here in the US. It seems like the people there are looking more towards blockchain integration with things like IoT, AI and supply chain.

This article made me realize where we are compared to other countries:

https://blokt.com/news/chinas-increasing-stake-in-crypto
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March 08, 2019, 10:21:13 PM
 #72

I fully agree with that statement. Blockchain technology is still very young and its best times are yet to come. I am sure that it is still with a new wave will overwhelm the whole world.
This technology should receive global support, guarantees from the government for widespread use.  Wink
Already without support will not be anything. But I wonder that if there is easier for using, why nobody care about it? Maybe it is because of the data it stores in memory.
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March 08, 2019, 10:28:00 PM
 #73

besides being new, the blockchain is still not fully accepted, therefore the impact is still not felt in the world economy, if only the blockchain is truly accepted and adopted by the majority of people and countries, the blockchain will slowly be able to push the world economy to a better step

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March 08, 2019, 10:31:56 PM
 #74

In the beginning stage the development of blockchain system will not been understand by a lots of people is very difficult to understand how it's going to be perform in the economy but it will be a few development in very short period of time and we cannot handle it with your experience and it is not enough for us that's why we are in the difficult situation now.

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March 08, 2019, 10:36:04 PM
 #75

Blockchain development advances everyday, as a programmer I studied software in other languages,  with the technology of blockchain I was willing to learn blockchain development, because currently that is where the technology is advancing too.

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March 08, 2019, 10:42:03 PM
 #76

I think that the blockchain technology has been developing very much during even such a bad year for cryptocurrencies as 2018. I think that in the long term, cryptocurrencies will be clearly needed by people.

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March 08, 2019, 10:45:42 PM
 #77

It seems to me that the blockchain will not be fully accepted because in some areas governments will not allow its use. Its transparency can be useful and not useful for some things.
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March 08, 2019, 10:51:16 PM
 #78

The blockchain is still in its early stages, but look at the impact, it is quite extraordinary in improving various aspects. Blockchain provides a lot of convenience by maximizing the effectiveness of time, energy, and costs so that many companies and institutions begin to study and try to implement it in the system.

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March 08, 2019, 10:54:52 PM
 #79

The blockchain is still in its early stages, but look at the impact, it is quite extraordinary in improving various aspects. Blockchain provides a lot of convenience by maximizing the effectiveness of time, energy, and costs so that many companies and institutions begin to study and try to implement it in the system.

Well-said. If only those projects are all legit and sincere, they will really help in building a much better ecosystem in every industry. Blockchain tech is really powerful on what it can do to human lives. We are hoping more and more authentic projects will come up and implement what is necessary.
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March 08, 2019, 10:59:56 PM
 #80

Totally agreed, it is the same as the Internet, back in the day when internet first launced and available to be utilized by public, the hype is huge, but then the impact is as huge as the hype. But, after couples of years and decade, we now understand that Internet is really usefull, and now it is a lifestyle and daily needs.
We are yet in the early stage for the blockchain technology even though 10+ years passed since bitcoins were been launched along with the blockchain technology.

Comparing blockchain technology along with internet is a good option because even internet did not had that good amount of users when it was newly launched but as we compared it now, there are a lot of peoples who are been enrolled with internet today and same would be the situation with blockchain ahead.

10+ years is not early  . its long imo but many people still dont recognize the blockchain technology although when the time passes by  , they will soon realize its importance . also , internet and blockchain are not the same imo because internet is user friendly ,  all people in all ages can use it and do amazing things with it while blockchain techonlogy is not for enterntainment purpose .  its mainly built for techy people especially for developers    
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