Can we officially consider Blockchain the new internet?

[Nolimitz84]

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

Blockchain technology is simply an integral part of the new generation Internet.Without blockchain, cryptocurrency will not exist. Without a cryptocurrency, there will be no new, healthy society.In General, everything in our world is interconnected.

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[monalia]

Internet is connected between the many nodes, servers, supercomputers and so on. Logically we may consider blockchain is kind of internet but we cannot use blockchain and internet for the same purpose.
blockchain gives connectivity and makes a transaction between the blocks into each blocks while the transaction being processed using cryptocurrencies.

[betty11]

Bitcoin and other cryptocurrencies may eventually do to fiat what mobile phones did to land lines/wire telephones, and what email did to letter writings and fax system. Although this is still young.

[eaLiTy]

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

Right now we cannot call bitcoin as the new internet as there are many layers that has to be fulfilled, we need applications and services to be built on top of the blockchain in order for us to call the new internet and it is possible once we sort out the scaling issues and activating some OP codes that was built during the initial phase of the bitcoin code release.  It is still a new platform in its infant stage and with time we will see many applications being run in the blockchain and the future is bright as we will see many changes in the next ten years.

[Oceat]

Blockchain and the internet are two different technology, you can't make the blockchain as the new internet. Internet will just work fine without the blockchain since blockchain is just a storage of all the information online, specifically.

[muratsink]

blockchain is not new internet, but blockchain is a digital transaction system that has a structure and forms blocks, then creates chains.  this system is difficult to understand by some people, because the blockchain is not only for storing transactions, but blockchain can be used to record every event.  so, the blockchain system is wider.  Bitcoin is one of the virtual currencies that uses blockchain.  in the future the blockchain will be used for bigger things.

[vladimirhf]

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.

what if the internet could be p2p, one device connecting to another with no providers or central authorities? 

[vladimirhf]

Scalability is the key. Current blockchains are difficult to accommodate all of the planet because of the limitations of scalability.

do you think this can not have any solution? it won't be scalable...never? I think that never is too much time.

[arpon11]

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

Bitcoin has proven that it can replace money and blockchain is one of the most secured way of transferring assets on the web currently. The current interest cryptocurrency is generating all over the world is a sign that we are moving towards a new generations of money and finance and we can see the waves of reactions on libra coin which has make  President of United States to comments about bitcoin and cryptocurrency. That is how it started in the internet era and today internet is now part of us. The whole world is now in internet and that is the same thing that is going to happen to blockchsin technology.

[TheCoinGrabber]

For now I think they are still two different things. It'll be a long time before we can truly say that everything that we do in the current internet can be done on just a blockchain. If each user is a sort of node in this new internet then the device would have to be much powerful.

Might also require a change in infrastructure. I still can't imagine how it will be done. Maybe the more tech-savvy among you have an idea. It is a good goal though

[izanagi narukami]

https://en.wikipedia.org/wiki/Blockchain

Blockchain isn't internet, it's a chain that connecting with cryptography
So it's more like safer place as platform. It's powered with internet so without internet, there is no power for blockchain !

[gomezjoe]

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.

Unless someone smart enough could replace the internet with a much better functionality..

[wengweng01]

In my opinion, we never know when would it be the new internet cause it's 2 different technologies.

maybe in the mere future might be but still, we don't know definitely it would take us about 30 years to prove that.