Is Bitcoin the Friendster of blockchain?

steevc (73) in blockchain • 7 years ago (edited)

View this post on Hive: Is Bitcoin the Friendster of blockchain?

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7 years ago by steevc (73)

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trevor.george (67) · 7 years ago

I think that blockchain technology itself will be phased out and replaced by something else, like The Tangle. But it is the proving ground for concepts and innovation. And it will also be the funding source for the really smart stuff to come.

I think if we view it like that, we can be excited to be at the forefront of the next big wave as it starts to build. The blockchain is the foothills we must cross in order to see the mountains. :-)

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steevc (73) · 7 years ago

Blockchain is really cool technology and it has evolved, but I can believe there are good alternatives. It just seems a pain to have to get the whole blockchain to verify stuff. I'm currently downloading the Bitcoin one for my local wallet

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trevor.george (67) · 7 years ago

I agree. As a coder that just seems like a waste of processing. On paper it probably seems like a good idea. But that sort of logic just wont scale (as we are seeing).

That's why I think some really smart people (who made some seed money from their blockchain investments) will come up with something better.

So I'm really looking forward to what comes next.

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themobilewriter (48) · 7 years ago

I clearly had no idea about the existence of Zappl App. Its an interesting thing to know that steem block is not limited to just steemit itself, but a lot of programs and websites and apps can be run through it. One thing i did not like though is that it lacks creativity. It looks a lot like twitter. In-fact it just looks like a clone of twitter. I think the developers should work on changing the pattern to have their own unique build on it. They should make it its own thing.

If Dtube, Utopian.Io, Zappl, Eteem are all being run on Blockchain in its early days then a lot of other things can also be done in coming years. This might bring a complete change in markets like internet itself did in the first place.

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steevc (73) · 7 years ago (edited)

For now we are seeing a lot of clones of existing services, but I hope to see more innovations. There must be things Steem can do that other platforms cannot.

BTW Here's the list of apps

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passion-ground (63) · 7 years ago

Hey, Steeve... I was wondering (being the geek that you are... lol) if you've done any research into Hash-Graph technology. It seems at first glance anyway, that the "Hashgraph" may well turn out to be superior to the blockchain. I don't know much about it beyond info contained in a documentary and this article I found - so I thought I'd pass them along to see what you thought... Thanks! https://steemit.com/cryptocurrency/@heiditravels/more-than-blockchains-how-hashgraph-and-dags-are-different

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passion-ground (63) · 7 years ago

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steevc (73) · 7 years ago

I didn't know about it. Will have a look

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passion-ground (63) · 7 years ago

Cool, Steve... I'd be interested to learn what you think about it... Thanks, brother!

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jumowa (65) · 7 years ago

I hope it is. I hope other coins set themselves free from bitcoin. It looks like bitcoin is big and slow too ignorant to move aside.

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everything-4you (53) · 7 years ago

yeh but i realise some thing about steemit when i joint it before one month then it prise was almost 4$ but after new year it magically rise to 8$ for two week and again fall fastly to 4$ again i think so some one was increasing its price artificially in new year day.and sitill now steem $ is not so popular comparitive to othere cryptocurrency.but i agree with your this statememnt
''We are starting to see real applications apart from semi-private financial transactions. Steemit is a prime example that I hope will gain in prominence and show it's not all about drugs and extortion.''

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steevc (73) · 7 years ago

Don't worry too much about the price for now. Build your following. It could be worth far more next year

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daviddivergent (58) · 7 years ago (edited)

Very interesting post. I did not know about Interplanetary Filing System for Ethereum and will look into it further. I have upvoted and resteemed this post to help share with others. Have a great day!