Quote from: SquallLeonhart on August 22, 2021, 04:54:26 AM

Quote from: Baihaki Khaizan on August 21, 2021, 07:10:44 PM

Secure and well-distributed blockchain network. All parties will be directly connected to the network without the need for large bandwidth and sophisticated infrastructure. Each node of the blockchain can be connected only to the wifi network.

So far, blockchain technology is known for digital currencies, such as Bitcoin, Ethereum and others.

Blockchain is a technology that cannot be seen directly, but humans can feel the benefits. Like digital money, the holder cannot see the physical form of money like currency but there is a binding value in it. Blockchain can be used as a transaction tool for buying and selling goods, even being exchanged for currency through digital asset exchanges.

There has been tries to make the internet a p2p place as well. What does internet consists of? Basically data, its all data, and it has to be stored somewhere right? Just youtube alone is so vast that you wouldn't believe how many computers would it require to sustain that, probably a whole nation worth depending on the nation we are talking about, bigger than certain nations whole computer numbers.

However the logic is that if we could actually end up making internet p2p like blockchain is, we could potentially make it work, right now it is not enough, even if every single human on the world have computers that are open 7/24 it is not going to be enough, but we are getting there, the computer technology is getting there, internet is also growing at a faster speed so that is going to make it difficult, but it is not going to be impossible, we just need more data space on computers in the future, and that is exactly what quantum computing is focusing on, we may not need a lot of central data bases in that case.

Yes, we can say that the Internet is now completely controlled by centralized giants, and all data is also controlled in centralized servers. On the one hand, these data may be stolen, on the other hand, these data are abused by centralized platforms for profit. But when Bitcoin was born, it made a peer-to-peer distributed database possible. All data is stored in the p2p network. At the same time, these data are open and transparent, and anyone can access and use it without restriction. Bitcoin has brought human beings into the value network.