Quote from: getreal on September 15, 2017, 01:17:55 AM

This is the problem with the bitcoiners. None, none of the folks who commented on thread knew that blockchain and crypto coins are different things. Blockchain is great, crypto currency is bad, very bad. Such ignorant investors.

Quorum is business blockchain. Most business blockchain have no coins. They don't need coins or mining.

BTC was sold by talking about the greatness of blockchain. There are many application that run on blockchains. Some good some very bad. BTC is is VERY BAD application built on the good technology of blockchain. Many ICOs fall into this VERY BAD category.

In other words, blockchain is like the Android or Windows on your phone or device. Bitcoin is a malicious app built on that platform.

Now, folks please get out of hangover of "blockchain s great and so is bitcoin". They are entirely different.

JP Morgan Quorum is perfectly valid for their business case. It has nothing to do with any other silly coins.

Yes. Bitcoin and blockchain isn't the samething. Bitcoin is a cryptocurrency built on top of blockchain technology.
Although we are seeing blockchain technology being mainly used for Cryptocurrencies now (which I am not saying is a bad thing), you can actually make a lot of different kinds of applications on top of them.

However I think enterprises wanting to make applications on top of blockchain technology would really not want to make it on top of public blockchains like Etherium.
That is where private blockchains like Hyperledger fabric and Quorum are coming in.

For instance, companies who might be wanting to use blockchain apps to help then on their research on genetic engineering or sth would probably make an app on top of private networks like Hyperledger fabric or Quorum. In cases like these there are no need for cryptocurrencies.

Personally I feel the markets for Bitcoin and Quorum are quite different.

sakanaNoObake

Posts

Merits