I've been following this tech since Bitcoin hit the news a few years ago. I've been watching from the sidelines and the Bitcoin world is very interesting and often comical, since it attracts a lot of tin-foil hat types. But now, years after Bitcoin became news, it is becoming more clear that the underlying tech of blockchain is trully revolutionary.
Here's a primer on blockchain:https://www.ibm.com/developerworks/cloud/library/cl-blockchain-basics-intro-bluemix-trs/
I am guessing some folks here are also following the progress and I am curuoius to hear your impressions.
While Bitcoin and the riches the very early developers have gained make the news and spark the imagination, the real subject is the new technologies and platforms coming up in the wake.
For instance, launched May of 2016 an ambitious project was launched called the Ethereum platform blockchain. This platform includes a robust programming environment which allows the writing code for "smart contracts" or "autonomous agents" where trust is anonymous and secure.
In June the Ethereum platform DAO (Distributed Anonymous Organazation) was hacked and millions of $ of Ether, the native crypto currency of Ethereum, was stolen and caused quite a stir. Since Ethereum is still beta, the devs decided to "hard fork" the chain and Ethereum split in two. The controversy is very interesting, with die-hard libertarians on one side, and the community of developers working hard to improve Ethereum on the other. The platform is gaining mindshare as Big Tech begins to adopt the Ethereum platform for enterprise applications.
The Ethereum process is very interesting, but blockchain itself is the real star of this unfolding technology story.
I am curious what the SGU forum folks think will happen in future with blockchain, crypto and distributed democracy? Do you have a prediction on which if any blockchain will predominate immutable distributed ledgers? Any opinions on the future of crypto coins?
I find myself rooting for Ethereum, since they are trying very hard to address the major problems and limitations of Bitcoin, and looking far past the simple popular speculation on 'coun' prices.
Disclosure, I don't speculate on crypto, but do have a few Ether I see as a donation to the project devs.
I am not posting about the value of a particular token, but on the value and future of blackchain itself.
Just adding this link.http://www.softengi.com/blog/blockchain-hot-or-not