Can we officially consider Blockchain the new internet?

[Kakmakr]

"It’s paperless, peer-to-peer, immutable, built on cryptographic principles, and cheaper."
Read more at https://cryptotradernews.com/fintech/next-generation-global-economy-and-web-3-0/

Well, this sounds like a marketing strategy for the Blockchain, but the reality is that it is not always true for every Blockchain technology out there. A public Blockchain technology normally adhere to these principles, but some private Blockchain technologies can bypass these features, because they have the single authority to do it.

Web 3.0 is still a pipe dream and Blockchain technology can trigger the next big shift, but then it needs wings and the freedom to fly in a unrestricted environment. 

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[davis196]

Blockchain can't be the new internet, bot of them are technologies but are different technologies, to be clear, without bitcoin internet will work fine, but without internet bitcoin will not work, because internet is the medium.

But of course bitcoin is a paradigm change and can be considered as the new money, it can take the place of paypal or visa and that's where things get interesting.

I can't agree 100% with you.Internet is the world wide web.The blockchain can be considered a web as well.
Both can be decentralized and both can have huge impact over our lives(the internet already has such impact).I'm thinking about a way use crypto mining for paying our internet bills.Imagine a bunch of nodes mining crypto that is used only for maintaining the world wide web infrastructure.

[Austin_Lord]

No it can't  be possible.. because  blockchain is third generation of web.. yeah it get success on future  but it doesn't  mean it convert in to internet.. because  internet is just medium to run the blockchain technology.. without internet we can't  use  blockchain technology..

[Austin_Lord]

I'd widen the scope: Cryptography is the new internet

...and also the old internet.

But cryptography on regular web pages is hidden away from the cossetted user, you don't want any of that funny sounding stuff, you just want cat videos and memes, right?


Well, I think people are growing up, slowly, but surely. Not least, they're getting tired of the "fun" aspect of internet culture, there's only so much one can take of it without losing enthusiasm. When people realise they can use cryptography to get all the things that politics never delivers, there will be a shift in internet culture.

Yeah you can use the term old internet and new internet for all these.. but internet is just medium  to use these Technologies..

[ash.y]

Blockchain is definitely a remarkable invention and given birth by internet, however will it be as big as internet still yet to see. I believe it is here for very long and will make its own mark. 

[kaya11]

Impressive article that talks about Bitcoin and Blockchain as being the next generation of money and web. https://cryptotradernews.com/fintech/next-generation-global-economy-and-web-3-0/

Thoughts?

I feel like Bitcoin is definitely the next generation of money but I'm unsure as to whether Blockchain can be considered the new internet. Although there's no Bitcoin without Blockchain... lol help me out here

Well as of now there is no other technology that couldn't compare to Bitcoins growth of fame and price, and in fact there a so many investors that are interested in Blockchain technolgy. So maybe we could say it is the currently trend of the web, and surely there more people to come even the biggest names out there are joining too, like Facebook. So it could be as of now in my opinion, there is no doubt that Blockchain is somewhat interesting and the internet of our time.

[amrulshare]

Regardless of the paradigm that happened that the blockchain was said to be a new internet, I thought that was just speculation that could give positive things in this industry. In fact the blockchain is just basic data that is reinforced by thousands of computer networks that support the network, in short it only changes new ways to document something without a third party.

[bright4mech]

The internet has been functioning before the blockchain, Rather the Technology is a function of Blockchain, without Internet blockchain will not function across the nation.

[Vaskiy]

Blockchain can be mentioned as the new internet, and this hasn't got its usage or access all around. When each and everything gets integrated we can expect the internet services over the blockchain platform to be better than the common form of internet. Particularly I see it to be a big change maker on the countries where internet connectivity is still a hard task.

[ololajulo]

These two things are not related to each other. Blockchain is a technology for distributing and storing data. These two concepts will exist and develop together with each other.

the only relationship is the importance of internet as mean of cryptocurrency transaction. Without internet no cryptocurrency but there could be blockchain

[Ioann11]

Hello forum users! In my opinion, Bitcoin and the Internet are two different things. Without the Internet you will not make a transaction in Bitcoin. Bitcoin is likely to closely adjoin payment systems, and can replace payment systems like Master Card or Visa, or other electronic wallets!

[Artemis3]

Impressive article that talks about Bitcoin and Blockchain as being the next generation of money and web. Thoughts?

I feel like Bitcoin is definitely the next generation of money but I'm unsure as to whether Blockchain can be considered the new internet. Although there's no Bitcoin without Blockchain... lol help me out here

The blockchain is a write once, decentralized and secure database. While useful for many applications, it is not an interconnected network of networks and i fail to see the comparison. Freenet has a similar result, anything you publish there remains forever. Note that Freenet predates Bitcoin by a decade...

[Ucy]

Real blockchain (and not private/permissioned blockchain)? I really don't think so. Governments will likely never allow real blockchain to be dominant.  I expect them to continue fighting the real thing until the permissioned  blockchains become more popular than the real thing.
I think they really like blockchain but the  features creep them out.


Real blockchain will however continue to exist but will probably be used by people who prefer real decentralization, anonymity, censorship resistanceI etc. Blockchain may end up being preferred by about  500 million people.

[romero121]

We can't get to a conclusion this earlier. More to come, because advancement is unstoppable. Blockchain technology is getting its use all around, this getting termed to be the new internet is a possible fact. Same time we need to consider the reality as everyone won't be getting updated to blockchain and only by that we will get effective output.

Next thing is the transparency, with blockchain everything will be transparent. In this regard there will be certain things that can't be revealed to the entire network, this way there will be closed blockchain causing restrictions on the internet usability.

[BeManga]

Impressive article that talks about Bitcoin and Blockchain as being the next generation of money and web. https://cryptotradernews.com/fintech/next-generation-global-economy-and-web-3-0/

Thoughts?

I feel like Bitcoin is definitely the next generation of money but I'm unsure as to whether Blockchain can be considered the new internet. Although there's no Bitcoin without Blockchain... lol help me out here

its possible bitcoin can become the next generation of money and blockchain can become of the future technology
but im also not sure if blockchain can become the new internet or its even possible

[Dondont]

Absolutely no, basically this is different. Blockchain is another thing. Even the blockchain cannot stand alone without internet so this is not a new internet. I think blockchain is just a series on the internet that connects transactions only

[Cryptrx]

Blockchain is dependent on internet to work, it isn't a new internet in its entirety but we can say that blockchain is the new internet of value. It brings value to the users of the internet unlike before.

[JimmieA]

I don't understand throughly about blockchain technology, but basically, blockchain works also based on the internet to access data, not specifically, but I think blockchain is hard to operate independently without internet, although it brings a very transparent data.

[alexmcquee734]

Impressive article that talks about Bitcoin and Blockchain as being the next generation of money and web. https://cryptotradernews.com/fintech/next-generation-global-economy-and-web-3-0/

Thoughts?

I feel like Bitcoin is definitely the next generation of money but I'm unsure as to whether Blockchain can be considered the new internet. Although there's no Bitcoin without Blockchain... lol help me out here

Do not think for one moment that the global economy is safe from entities who will try to manipulate and monopolize the market, but a new generation of internet and money is here.

[Fedrey]

At least for today, what the cryptocurrency is intended for only exists in theory, in my opinion.  Today, cryptocurrency is mainly used not only for the accumulation of capital in order to develop new projects, but also for making money.  About something global today, few people think.