Altcoins Talks - Cryptocurrency Forum
Further Discussions => Blockchain Technology => Topic started by: tonymillions84 on November 07, 2020, 02:22:09 PM
-
Ten years down the lane. after the launch of bitcoin which made the blockchain technology popular. there has been thousands of blockchain project and many are still coming.some believe that we are still in the early stage while others believe that the technology has gone far. Major technology companies has already started aligning themselves with the blockchain while some are still watching from behind(banks).
Do you think this technology has arrived and we have already made progress.
-
Looking at the space, I can say blockchain has advanced though not yet near maturity. Once developers can feasibly solve the scalability problem for large-scale use (not the testnet type) without compromising security and decentralization, we will have more traditional use of the technology.
Now we are seeing some large corporations building their own blockchain while some are partnering with existing solutions for some aspects of their business, it is just a snippet of the future. We aren't there yet but we are gradually approaching it.
-
blockchain technology has developed rapidly and made a change in many industries, almost all sectors have entered and now this technology has covered everyone and certainly, this technology has made this era more advanced and developing.
-
blockchain technology has developed rapidly and made a change in many industries, almost all sectors have entered and now this technology has covered everyone and certainly, this technology has made this era more advanced and developing.
Yes brother you can just say very much important things to that blockchain technique and technology still getting popular and effective because PayPal few days ago accpetd blockchain projects, bitcoin, ethereum, bitcoin cash and litecoin.
-
The popularity of blockchain technology has multiplied since the introduction of Bitcoin. Because Bitcoin has played an important role in blockchain technology. Bitcoin is being used for large amounts of foreign exchange transactions. So basically blockchain technology is popular. However, there are many blockchain projects in the market. Some people think that blockchain technology is not advanced. So many people do not believe in blockchain technology. However, new blockchain projects are underway in the market. So I think, blockchain technology is a blessing for cryptocurrency.
-
Blockchain technologies help to develop various areas and due to blockchain technologies many other technologies and areas have been improved, but unfortunately, not all possible areas are using blockchain technologies yet, so I think that blockchain technologies will be constantly improved and therefore more and more different areas will start using blockchain technologies.
-
The future of blockchain technology?
As we can see the development and adoption of blockchain technology in the real world, it has been adopted for this era. Blockchain technology is used not only for cryptocurrency but for many more sectors. We can see many countries have implemented and adopted the use of blockchain technology in sem sectors likely financial system, health, economy, agricultural, and many others. And here, I believe that blockchain technology will develop again in the future.
-
Blockchain technology will remain such a technology for life. But technology will be more advanced. The more the demand for transactions increases, the more technology will improve. Every coin in the currency market is a member of the blockchain. I think there is no reason for blockchain technology to be destroyed. However, no one knows whether any new technology will come to the world, everyone is unknown. That's why everyone calls Sail the best technology. I want blockchain technology to be further improved.
-
I see the future of Blockchain technology as very good. And there are so many newcomers who really support this blockchain. The longer the technology and projects created by this blockchain are getting better and more sophisticated. I am sure it will last for a long time.
-
Bitcoin has a role to play in increasing the popularity of blockchain technology. Because the popularity of blockchain technology has increased since the advent of Bitcoin. There are thousands of blockchain projects on the market. Some of these projects may not be successful and some may not be successful. However, the implementation of such projects in the market is a mystery. However, the standard of blockchain technology is above dignity. Popular and large members like Bitcoin are part of the blockchain. There are many transactions around Bitcoin at different times. It is a part of blockchain transactions. However, blockchain technology will improve in the future, there is no possibility of destruction. Everyone is already beginning to trust blockchain a lot.
-
Blockchain is a new technology in this century about transparency, honesty in many parties. I believe this technology will bring many benefits to all sectors, maybe now it can only be applied in the financial sector (with its digital currency) and voting (now being tested on the Waves platform). I will monitor and follow technology developments related to Blockchain.
-
Yes, The popularity of blockchain technology has grown even more since the advent of Bitcoin. Above all, blockchain has gained a reputation as an advanced technology. Because Bitcoin is a currency that is used by users all over the world. Bitcoin currency is prevalent all over the world, so it has helped to increase the popularity of blockchain technology. Bitcoin is the most popular and active member of the blockchain. Bitcoin is known to be the most powerful in the cryptocurrency market. And everyone believes it.
-
Using blockchain technology, it is possible to transact with all countries with Bitcoin or with any cryptocurrency. The prestige of blockchain technology is much higher. Blockchain is the right place for the day. The most popular currency is Bitcoin. This transaction is currently user-to-user. However, in some countries it is possible to transact through traditional banks. So there may be different mediums for transactions, but Bitcoin is the best and one of the mediums. This is a product of blockchain technology. I think the technology will survive.
-
The new project will offer the new systems and technology they have developed for crypto users, where the new project will offer convenience in transacting crypto.
On the other hand, some countries have seen the negative side of crypto because there are many frauds and there is no member of the government to regulate cryptocurrency, as I think that transparency in blockchain technology will make some government members who are caught in corruption will reject this system.
But I will always campaign for the use of blockchain technology in social media for better transparency of transaction systems than banks and other traditional transaction systems.
-
Major technology companies has already started aligning themselves with the blockchain while some are still watching from behind(banks).
Do you think this technology has arrived and we have already made progress.
Yeah dude that indicates blockchain is contributing electronic media which far away than banking system. It's too fast to send money from one area to another whoever have wallet with internet connection. Obviously Blockchain technology already made huge progress.
-
The famous blockchain technology has been achieved by bitcoin, it is being used in every field of technology today. Blockchain technology has spread the digital currency and has been used successfully.
-
The future of blockchain and cryptocurrency is much better. Bitcoin is one of the special members of the blockchain. Bitcoin transactions are most common in the developed countries of the world. Such as America, China, Japan, Canada, these developed countries have come a long way in using blockchain technology. These developed countries are behind the popularity of Bitcoin. A lot of bitcoin transactions are done in developed countries. So Bitcoin is very valuable because the people of developed countries are well-wishers of Bitcoin.
-
Blockchain is a technology that has been able to spread around the world. Because the popularity of blockchain technology has increased a lot since the addition of bitcoin blockchain technology. If a transaction is made in Bitcoin, it is considered as a blockchain transaction. The transactions and popularity of Bitcoin or other cryptocurrencies are increasing at the same time. Thus, the market is improving day by day. So the best currency for blockchain technology is Bitcoin.
-
Isn't it clear now how the blockchain will develop in the future?
Today, many industries, offices, companies, as well as governments and institutions are implementing and adopting blockchain technology for various sectors. This implementation will certainly encourage blockchain development to be more advanced and accepted in various fields.
-
The longer the innovation and project made by this blockchain are getting way better and more modern. I think there's no reason for blockchain innovation to be crushed. I need blockchain innovation to be encourage moved forward.
-
Blockchain is a technology, we shouldn't doubt the future of Blockchain. I see a great future for Blockchain because the adoption is getting bigger and bigger. I think in the next several years, people will be familiar with Blockchain, and possibly many companies already used it for business purposes.
-
Bitcoin or other cryptocurrency transactions can now be done with banks in all countries of the world using blockchain technology. Although Bitcoin is not approved worldwide, it is possible to make bank transactions through Bitcoin in countries where it is approved. That is considered a blockchain transaction. The value of blockchain has increased a lot since the advent of Bitcoin so I think blockchain technology is meaningless without Bitcoin. That's why Bitcoin has become such a popular currency
-
blokchain technology in future will clearly implement it in various sectors maybe because this technology is quite attractive with a transparent system especially in some countries maybe already make implemented it .
-
I also think this is the early stage of cryptocurrency and blockchain technology. And another thing I blockchain is not only used in crypto space is a very unique technology that can be used in many sectors especially scientific research and technology. So there are many spaces and chances for blockchain to evolve.
-
Blockchain technology is the largest and most powerful technology in Cryptocurrency world. Most of the bitcoin accpetd countries are preferring to blockchain technologies. If many technology appear in market but blockchain technologies never be non demand. It still very important and popular.
-
For me the progress is clear enough that can be seen this day. I think the introduction of cashless or transaction online platform is being use this days where very timely at this current worldwide crisis due to covid 19. People are aware that using online payment is more advantage than traditional system. Today actual payment is risky to covid but online is safe.
-
To me it seems like on the long run central bank digital currencies is where we are headed in terms of financial implementation of the blockchain.
-
Blockchain is a technology that is discussed and popular in the world of cryptocurrency. By capitalizing on this technology, various types of cryptocurrencies have improved in the market. Blockchain is a very advanced technology. I agree with you that the prestige of blockchain technology has increased many times since the Bitcoin market was attacked. So with this technology, cryptocurrencies will be able to improve. So blockchain technology will spread as a more advanced technology in the future.
-
Cryptocurrencies of all types make use of distributed ledger technology known as blockchain. Blockchains act as decentralized systems for recording and documenting transactions that take place involving a particular digital currency. In Blockchain chain technology we can use some applications which will better for our everyday life. Here I mention some applications those are Cross-Border Payments, Smart Contracts, Identity Management, Supply Chain Uses. I think according to the facility Blockchain Technology will be the future of life.
-
Blockchain technology has become popular due to its successful adoption for cryptocurrencies like Bitcoin. This distributed digital ledger has many advantages as it can keep the records of all data or money transaction made between any two parties in a secure, immutable, and transparent manner.
Last year, the concept of blockchain started to capture public attention. Experts predict blockchain technology will be implemented for various industries and expect that the future of blockchain is to revolutionize traditional business processes. However, the pros and cons of blockchain show that it’s not as easy to do as it seems.
-
I think more and more developers are starting to develop blockchain with their goals. One of the developments of blockchain is the DeFi protocol, and this is proof that blockchain continues to grow.
-
The famous blockchain technology has been achieved by bitcoin, it is being used in every field of technology today. Blockchain technology has spread the digital currency and has been used successfully.
In fact, this technology is still only at the initial stage. The whose blockchain is not used anywhere else in everyday life. It is used only for buying and storing cryptocurrencies.
-
Blockchain technology is the future of the entire financial and economic system of the whole world in the future. Now we mainly use crypto technologies as a means of making money and fast transactions. But in the foreseeable future, it will be more involved in many areas of our economic (and not only) system.
-
I think the future of this blockchain system will be very bright. Because this system is very interesting, and many people like it. If you get approval from the government, this system can develop even more well.
-
Cryptocurrency like our conventional currency may be a sort of currency or medium of exchange this cryptocurrency is employed for transactions through blockchain. There are many such currencies like bitcoin bitCash monero lightcoin etc bitcoin is currently the foremost well-known cryptocurrency the worth of this virtual currency seems to possess gained rocket speed. In one year the worth of every has increased from one thousand dollars repeatedly. Blockchain may be a secure and open thanks to store information during this method the info is stored in several blocks one after the opposite within the sort of a sequence.
-
I don't think the future of blockchain technology is known. Because indeed everything in crypto is something that is uncertain. and until now there has also been no approval from the government regarding this blockchain. So that his future will still be a question mark.
-
Now Blockchain Technology becomes more popularity because most of the important part where blockchain technology make better than any other technology. If i talk about Crypto currency or anything. We know that Blockchain Technology is used in various sectors like Economic, Educational, Agriculture, Healthcare center etc. I think people increasing rapidly in the world where Blockchain Technology is the perfect to implemented all the sectors.
-
Blockchain technology was first introduced by Bitcoin, and now many agencies and companies are using this technology. In fact, I have also heard that many countries use Blockchain technology in their government systems. However, I see this technology is still not running optimally in society, especially in remote areas. They still don't understand this technology, so they still need more time for the development of this technology to make it more popular and better known by the public.
-
As for me, I think we are still on the early stages, because there are somany areas and countries that need Blockchain technology, mostly the African region. So their are better day ahead.
-
The development of cryptocurrency has progressed very rapidly, it only took 11 years and the cryptocurrency ecosystem was formed very large, many companies that are looking at cryptocurrency prove that this technology is the answer to the economy of the future.
-
Now there are no obstacles to the rapid development of blockchain technology in all states. I do not know a single state where the government speaks out negatively about blockchain technology and does not intend to introduce it in all spheres of life. Everyone notes the revolutionary and promising nature of this technology. Even governments that are negative about cryptocurrency intend to use blockchain technology effectively.
-
Along with individual and social needs, even governments who want fast information and transactions will certainly be interested in using blockchain because it has very broad connections. All that Blockchain will continue to grow and in the future blockchain, I think it will be better as new ideas about blockchain emerge.
-
It seems to me that everything depends on the lack of desire to implement this technology. For several years, they have been talking about holding elections on the blockchain, but so far they have not reached the real cases, although looking at what is happening now in the United States, this technology would not hurt.
-
Blockchain technology has gone from the embryo stage to infancy but there is still much more to do. Blockchain needs to be ready for mass adoption with performances that outcompete traditional solutions. Then we will see it used by financial institutions, government etc.
-
Blockchain technology has come to stay and it had already being deployed as the solution to many sectors of the economy such as medicine, health, chain supplies etc the growing the demand for experts in that technology is in leap and bound its decentralized features is second to none thus it global adoption will continue to grow.