Quote from: CoinVila on January 01, 2018, 04:11:29 PM

Quote from: cellard on January 01, 2018, 01:58:21 PM

Quote from: fergany on January 01, 2018, 01:18:30 PM

is there any near Realtime blockchain founded today?

can smart contact do real-time jobs or not ?

Thanks

There's no way to have a "real-time blockchain". A blockchain requires a certain amount of time between blocktimes. The reason satoshi a 10 minute blocktime to bitcoin is to avoid orphans forming due the network going out of sync with the rest of the world... you have to take into account the speed of light. This is why lowering the blocktime really solves nothing.

The only "realtime" payments you could get is through layer 1. This is what Andreas A calls as "streaming money" where you could be getting paid by the second.

could you please elaborate on this "streaming money" ? or link to Andreas article, thanks

The idea is that we've always had this notion of "monthly payments", and in the future, thanks to layer 2 (or layer 1 if you consider on-chain layer 0) solutions like the lightning network protocol, we could be paid in increments as small as seconds, so we don't have to wait for the end of the month to get paid anymore. You work X seconds and you get X BTC:

https://www.youtube.com/watch?v=gF_ZQ_eijPs

This video is from Andrea's channel and it explains the concept.