Dynamic Decentralized Networks
condensed-publication...
DEVELOPING A GLOBAL BLOCKCHAIN NETWORK
...No longer a distant dream, a global network of blockchains that would replace, or at least augment, the internet is already in the works.
Existing Cross-chain Potential
Cross-chain networking is essential for practical applications. Consider the many private and semi-private projects that leverage Hyperledger. Also consider next generation blockchains like EOS that are designed for developers. And then, there's those cryptocurrencies designed to address specific issues for industries as is a case with Ripple and its banking partners.
INTEROPERABILITY AND ITS RELATION TO DECENTRALIZED NETWORKING
Blockchain needs interoperability much more so than traditional mobile app developers ever did. ...
Imagine for a second you were one of the doctors in that epic scene in the movie Spies Like Us.
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The logical framework of the current digital space makes it challenging to build a truly dynamic system.
REAL INTEROPERABILITY MEANS DYNAMIC NETWORKING
With blockchain, we now have a real opportunity for dynamic decentralized networking. ...
WHAT A DYNAMIC TRANSACTION MIGHT LOOK LIKE
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If you have an EOS or Ethereum (or Lightning Network?) account and you examine a transaction on a block explorer, you could click to open up layers of deeper details populated by smart contracts. This differs from the details on Bitcoin block explorers that record primarily currency transaction amounts.
A DYNAMIC APPROACH SERVES TO WEED OUT INEFFICIENCIES
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As the speed, reliability, and adaptability of newer, more innovative blockchains become apparent, an increasing amount of services would start making sense on decentralized networks. This would seem to become increasingly likely as the technology continues to develop and cross-chain bridges are secured.
I'll conclude here, as SKY TRANSITS are meant to be quick reads.
Let me know if I am missing anything. Appreciate it.
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Very good, Interesting and informative!!!
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Your article is very interesting but when it shows us at the level of Blockchain technology, it needs interoperability much more than mobile application developers, now the blockchain is a digital ecosystem, with the ability to carry out decentralized transactions, free of intermediaries and it is a very competitive market .
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Afew key developers talk about a future network of blockchains. That'll be amazing and the world will certainly take notice. Some say it'll replace the current Internet.
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Those who do not understand much of the basic technical aspects of block chain operation may not see the importance of this information. But, thank you for providing it and sharing it.
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Totally welcome. It's always nice getting another opinion/perspective of technical innovation.
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