Blockchain Revo

in blockchain •  7 years ago  (edited)

the Revolution of Blockchain made a new standard in saving money, transferring value and created a new ecosystem. Decentralized and mostly immutable as long as people use the systems, and as long as there is enough hardware to make the calculations, the ecosystem stays alive.
The history of Blockchains are not completely public but one thing is sure. It is here to stay,
Banks, Governments and private people can only jump on the train or avoid the system.

The more people use it, the higher is the price rising. The price follows simple mathematical principles,
Marketcap divided by the number of mined variables,

One of the biggest blessings Bitcoin for Example brought, is the 8th digit which allowed a new view on the value of one unit, one Dollar for example has got 2 digits, while some other units are measured with 4 digits. Bitcoin and other Technologies stepped up on one Satoshi, 8 Digits

A short explanation of Blockchain

„A system where Miners get paid to write transactions in blocks“

does one Bitcoin for example has value ?

The answer is: relative

As long as there are people paying the Miners, the Bitcoin has value. Holder of one coin for example,
pay in the pot - the pot is the marketcap and is the sum of all money that has flowed into the System.

When everyone who owns Bitcoin would sell it, mining would be not profitable anymore and the system would collapse. But as long as there are sure stakeholders it will stay online

There are several different systems, Ethereum for example is mineable with graphic cards, and allowed a new way to create Tokens, which are units inside units, there are also a lot of possibilities to make a lot of contracts based on a programming language
Bitcoin is not like Ethereum, bitcoin is mineable with chips. Mostly ASIC‘s which only calculate the transactions in the blocks without a possible interaction inside the system.

There are also proof of stake systems which are used by official financial institutions and have been made Independent the last years.

So there are a lot of experts who say bitcoin is a bubble. This is not true, as long as there are people holding bitcoin mining stays rentable and offers a wide spectrum of possible investments inside the Blockchain technologies.

My personal view on this, and doubts, is the high energy wasting of those chips,
we are already in a time where there are possibilities to keep a System alive without warehouses full of loud and hot machines.

This new technology is called a Masternode system, and I think this will be the future.

The only question is when the exact time window appears where one System flows into the other system,
means the time window when value will be transacted from one into another

People who don’t see this timewindow, risk loosing their property

So the answer is easy.

Diversity

Like in stocks it is the best thing for investors to diversify their investments.
This will make sure that there will be no greater loss

In which system you invest is your own choice,
I recommend systems with active developers, open blockchains and new Innovations

Like in the stock world it is not predictable which one raises the most in its value,
But if you‘re a lucky your performance will be very very good when you invest in the right one
It’s a little bit like winning in the lottery

Invest now & good luck

More follows

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!