Herbert2020
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July 08, 2019, 12:30:01 PM |
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This is not really surprising since blockchain is considered to be one of the top technologies in this generation. AI is the first one and blockchain is the second. Robotics became nothing anymore. I expect that that use of blockchain will become wider since it has a lot of advantages especially when it comes to security.
actually i have only seen people who are in this market and trading cryptocurrencies to make money who are the main people who think like this! otherwise when you look elsewhere in the real world and talk to different industries you can see that they are not even aware of the blockchain technology and those who are, consider it to be a waste of resources.
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Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip. Whales are those who keep buying the dip.
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AG3NT0R4NG3
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July 08, 2019, 12:34:59 PM |
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This is not really surprising since blockchain is considered to be one of the top technologies in this generation. AI is the first one and blockchain is the second. Robotics became nothing anymore. I expect that that use of blockchain will become wider since it has a lot of advantages especially when it comes to security.
I have to disagree with your view on robotics, as the technology will obviously become dominant and rearange the workforce structure. It looks like it will take 50 years instead of 10-20 that it was expected though. But it is not nothing as you call it. It is a different technology from the above mentioned that can operate in parallel with Blockchain and AI and provide amazing results. I think both of these three technologies will make wonders and can be considered equal.
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Baofeng
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July 17, 2019, 11:26:33 PM |
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I didn't click on the link but here is my take, blockchain is a revolutionary technology no doubt about it. However, there are some entities who are just jumping on the bandwagon. I mean if your companies can still maintain and hold data in a traditional and centralised database, then you don't need to upgrade to blockchain simply because you hear your competitor is migrating to this technology. As the saying goes, 'if ain't broke don't fix it", otherwise you might be just wasting a lot of time and money for the implementation.
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hatshepsut93
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July 18, 2019, 12:20:36 AM |
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Don't have any illusions, blockchain is not widely adopted and used in production, with the recent stackoverflow developer survey results showing that more than 80% developers say that they don't use blockchain and a high amount of developers are skeptical about its future. The article just lists startups that promise to do something with blockchain, but show me how many of those startups have turned into successful and recognized companies.
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ramsdaj28
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اللعنة
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July 18, 2019, 01:21:49 AM |
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It's more complicated than you think. Governments are still hesitant to fully implement or allow cryptocurrencies to run in their respective countries. There's a lot of thing that should be considered when it comes to implementing cryptocurrencies. First, every country has already its own currency (fiat). What's the point of using cryptocurrencies if you already have your own currency that can be used in business transactions? Okay, let's say cryptos will make the transaction faster, but is it really a guarantee that the transaction will be faster using cryptos than using fiat? Second, TAXATION. Due to cryptocurrency's volatility, taxation will be a hard thing to monitor if ever companies will fully implement fiat-less transactions. Let's take bitcoin as an example. Almost every hour, there's a significant change in the value of bitcoin. With that case, there will be some confusion with the income tax of the company (esp. that tax are collected in fiat, not in crypto). It will be a chaos if that happens.
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bitbunnny
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WOLF.BET - Provably Fair Crypto Casino
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July 18, 2019, 06:48:45 AM |
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Don't have any illusions, blockchain is not widely adopted and used in production, with the recent stackoverflow developer survey results showing that more than 80% developers say that they don't use blockchain and a high amount of developers are skeptical about its future. The article just lists startups that promise to do something with blockchain, but show me how many of those startups have turned into successful and recognized companies. It's true, blockchain is still not widely used because of various reasons but I think this will change. There are a lot of industries where it could be implemented like finances, healthcare, agriculture and similar and many governments are also interested to see implementaion of blockchain. That is why regulation is changing, some national plans and strategies are being developed, at least in Europe, as far as I know.
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maydna
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July 18, 2019, 07:40:24 AM |
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We need more industries to get influence from blockchain so the adoption process will continue. But now, I think we need more implementations of the user of the blockchain, and I guess that still only a few industries or company that used blockchain in their business. We still get lack of the implementation of using the blockchain itself because I think the blockchain still try to improve to the better than before. So we need more time to see this will grow widely in all of the business.
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BY_ATOM
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July 18, 2019, 07:54:46 AM |
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Blockchain is the future. It's hard to argue with that. And the fact that it finds application in our lives, it is predictable. The only thing that confuses me is the slow pace of implementation in everyday life. I would very much like that this technology would be the most widespread in the medical and banking sector. There were several startups related to health care, but alas they all disappeared. And it makes me very sad....
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Wind_FURY
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July 18, 2019, 10:16:00 AM |
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OP, those "industries" in that blog need a database, not a blockchain. When someone says, "We will build a blockchain for scalability, and speed", it's usually a database. They will tell you, "It's decentralized", but it's not trust-minimized.
A real blockchain utilizes POW to come to consensus, but it's slow, and not scalable.
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muslol67
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July 18, 2019, 10:22:48 AM |
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OP, those "industries" in that blog need a database, not a blockchain. When someone says, "We will build a blockchain for scalability, and speed", it's usually a database. They will tell you, "It's decentralized", but it's not trust-minimized.
A real blockchain utilizes POW to come to consensus, but it's slow, and not scalable.
I agree with you. I don't even like projects that work with POS integration using the name Blockchain. Imagine you're making a vital change to one of your most important issues and trying to stay in the same place. I'm having trouble understanding this. For example, IOTA uses a different structure and its name is Tangle. I think they should have found a different name in their POS projects.
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eternalgloom
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July 18, 2019, 01:44:38 PM |
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They've forgotten to mention one industry that has already been completely transformed by blockchain technology: online gambling. I know it might not be as interesting as all the other ones listed, but the amount of technological advances made to online gambling is simply amazing when you think about it.
Now it's possible to gamble completely provably fair and check the provable fairness by yourself. Gone are the days of waiting for days to receive your withdraws & you can gamble fully anonymous, since most crypto gambling websites do not require KYC.
And let's face it, a big chunk of all crypto transactions are used for gambling, whether you like it or not, it's a big use-case for crypto in general.
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