Quote from: avivsun on September 04, 2018, 11:22:32 AM

Hi Guys

Is the Blockchain overhyped?

Option A-
"The truth in no online database will replace your daily newspaper, no CD-ROM can take the place of a competent teacher and no computer network will change the way government works."
By Clifford Stoll 2/26/95

Option B-
We are at the beginning of the Second Digital Transformation => The Blockchain Transformation.
Enterprises and organizations are going to take advantage of blockchain technology by optimizing their network and automating it.

I am more like with Option B.... Which option suits you best?

Over-hyped by definition would mean giving excessive credit to something that does not worth it. However, to conclude that something is over-hyped, there must have been evidence that it must have gotten to the peak and there is no room for growth again at the same time the objective set is yet to be achieved.

For blockchain, those who argue that is over-hyped could be right or wrong but I don't think so. To them, I would say they should wait till the period when its explored and harnessed to the maximum before we know the extent of the solutions that it can provide then we will all see if its truly a fake hope or this is the solution the world is yet to see.

The growth stage is still at the infant level that posits that there is room for growth. Current happenings also suggest that the potentials is just too enormous from countries developing projects in blockchain, to companies researching about its application to their processes.