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It just seems many things I hear about start off with a high sounding proper purpose but alas there is always a back door that leads to a very dark room. Maybe not enough coffee today?
originally posted by: UKWO1Phot
The only one's I know of are the crypto currencies.
Maybe p2p is a type of blockchain?
originally posted by: schuyler
What an incredible hodge podge of phrases, many unrelated, and not a single one with a reference of any kind. Let's start an ATS contest and see how many three or four word phrases people can throw together.
I've not watched the videos yet, so forgive me if this is explained in them.
I've just replaced a drive in my laptop. One that I had some bitcoin and other wallets on.
So now I've re-installed some wallets and have to sync them back to the original blockchain.
For the smaller currencies this isn't too bad but for bitcoin it will most probably take 4-5 days (approx 303362 blocks 20GB).
How would they get around this for DNS, Security systems as there would be a lot more blocks to sync?
originally posted by: Kalomar
I am into crypto currency, but only for about a year tho, most of my bitcoins went down with mtgox right now I just have a very small mining rig running! 8 mins into the video and i still only understand 1/3 of what he is talking about ! maybe most people just dont know most of the lingo yet.
is this what they intend to use namecoins or some of the other less valuable coins on ?
originally posted by: burdman30ott6
originally posted by: XPLodER
how about you name one online trust based system, and i will describe the impact of blockchain technology on that system?
Internet anonymity?
Internet freedom of speech?
Internet freedom of information?
originally posted by: UKWO1Phot
a reply to: Kalomar
I know with bitcoins you can use the lite wallet, but would you trust an online blockchain confirming your transactions?
I don't that's why I use the core version.
If nefarious companies host the blockchain or even create a torrent (which you can download) would you trust it?