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Blockchain-like technologies are here to stay, for currency as well as other things. Whether it's the current incarnations (Bitcoin, Ethereum, etc) or some futu
by Florin_Andrei 9y ago
Blockchain-like technologies are here to stay, for currency as well as other things. Whether it's the current incarnations (Bitcoin, Ethereum, etc) or some future ones, remains to be seen.
I am certain the concept will persist. I am just unsure which version(s) of it will carry on the torch.
> cryptocurrencies can never go bankrupt*
Well, memes die all the time. CCs can still die, but arguably it will be a "true death" - sort of like a global agreement that the thing has become useless.
I also want to point out that a lot of these algorithms are based on consensus. It is conceivable that someone with lots of resources could build up lots of fictional players to try and swing the "consensus" in a certain direction.