| Author | Message | ||
K805 Junior Artist Username: K805 Post Number: 59 Registered: 10-2016 Posted From: 208.87.236.201 Rating: N/A |
One question on concept .. As per below image's simple example - Step 1. A transfer money to B, Step 2.the block is broadcasted to all parties in network Step 3. Those in network approve the transaction, Step 4.the bock is added to chain Step 5.Money moves to B account https://www.infoholicresearch.com/wp-content/uploads/2017/01 /How-block-chain-works.jpg If we observe this example, here also we have middle people or layer (other than A and B). Then How BlockChain can replace or threat to companies like KPMG or DTCC ? OR is question itself doesn't make sense  ? | ||
K805 Junior Artist Username: K805 Post Number: 58 Registered: 10-2016 Posted From: 208.87.234.201 Rating: N/A |
Thanks MS garu for the reference points @Lisk - thanks for group link, That group's last post was 2 months back .. | ||
Chanakya Side Hero Username: Chanakya Post Number: 6281 Registered: 04-2015 Posted From: 149.111.28.128 Rating: N/A |
solidity go-lang No one is going to tell you the truth. They’re only going to tell you their version! ~Julian Assange | ||
Platypus Side Hero Username: Platypus Post Number: 8196 Registered: 01-2008 Posted From: 167.220.196.31 Rating: N/A |
Antha sarcasm endhuku? Disclaimer: Do your own research before investing in any cryptocurrency or conventional stocks. My views are my personal opinions. | ||
Lisk Junior Artist Username: Lisk Post Number: 324 Registered: 12-2017 Posted From: 192.158.48.90 Rating: N/A |
https://www.reddit.com/r/ccdblearning/comments/7go50e/welcom e_to_blockchain_learning_group_ccdb/ very active group..  | ||
Mental_sachinodu Megastar Username: Mental_sachinodu Post Number: 21421 Registered: 10-2008 Posted From: 50.241.19.41 Rating: N/A |
if java you can start here.. it will be a good learning experience http://hyperledger-fabric.readthedocs.io/en/release/CONTRIBU TING.html if c# you can join openchain community.. it is one of the leading open source communities. https://github.com/openchain in general any new tech/framework joining an open source community is a great way to learn. | ||
Mental_sachinodu Megastar Username: Mental_sachinodu Post Number: 21418 Registered: 10-2008 Posted From: 50.241.19.41 Rating: N/A |
it can be done in any language. BitCoin was done in C++ Ehterium was done in c++, python Hypeledger by IBM in Java and golang if you are interested there are open source projects for blockchain, pick the language of your liking or proficiency and become a contributor. thats the best way to go about it. | ||
K805 Junior Artist Username: K805 Post Number: 57 Registered: 10-2016 Posted From: 208.87.234.201 Rating: N/A |
@Platypus - I remember you are planning to start a group, what happened to that? Is there any specific programming language or regular C, Java, Python can suffice? | ||
Platypus Side Hero Username: Platypus Post Number: 8194 Registered: 01-2008 Posted From: 77.100.60.41 Rating: N/A |
>>programming ki ee tool vadataru.. Notepad nundi VS Code varaku - Choose whatever you are comfortable in. >> ela practise cheyyali. Take a demo use case - look at the corresponding smart contract. Write a contract yourself. Install a DLT and follow online documentation. >>DC area lo security and defence industry lo vadatara? no idea >>Billing entha .. No idea >>long term Prospects ela? Blockchain global business potential as per Gartner is 3.1 Trillion dollars by 2030. Long term prospects are very good. >>Ivi kooda ammerpet ki outsource ayye chance vunda? Yes of course. http://naresh it.in/blockchain-training/ Address: 2nd Floor, Durga Bhavani Plaza, Ameerpet, Hyderabad Disclaimer: Do your own research before investing in any cryptocurrency or conventional stocks. My views are my personal opinions. | ||
Aggipidugu116 Side Hero Username: Aggipidugu116 Post Number: 4004 Registered: 07-2014 Posted From: 71.121.232.173 Rating: N/A |
Ippudu practical question, programming ki ee tool vadataru..ela practise cheyyali.. DC area lo security and defence industry lo vadatara? Billing entha .. long term Prospects ela? Ivi kooda ammerpet ki outsource ayye chance vunda? | ||
K805 Junior Artist Username: K805 Post Number: 56 Registered: 10-2016 Posted From: 208.87.236.201 Rating: N/A |
Thanks Guys for insights.. Let me go through the Linkdin link shared by Lisk.. @Platypus - Please share more thoughts (whenever you can). | ||
Platypus Side Hero Username: Platypus Post Number: 8177 Registered: 01-2008 Posted From: 167.220.196.139 Rating: N/A |
A few more. Have to run to a meeting 1. Blockchain is not the answer to everything. 2. 70% of the effort in any blockchain project is business process re-engineering. Only 30% is actual technical work. Disclaimer: Do your own research before investing in any cryptocurrency or conventional stocks. My views are my personal opinions. | ||
Platypus Side Hero Username: Platypus Post Number: 8176 Registered: 01-2008 Posted From: 167.220.196.139 Rating: N/A |
Two things quickly 1. It is Blockchain - not Block Chain 2. Blockchain is today's technology. It is more a way of implementing your system than an altogether new bleeding edge technology. 3. In other systems, you enforce trust through an intermediary. Blockchain brings trust into the system inherently. It is immutable by nature and so there's no need for an external audit. KPMG can write off 50% of their business (Not kidding. They know this risk) 4. Centralized/Decentralized - think of it not as a technical or distributed computing system but rather a network of actual organizations - each not having to explicitly trust one another because the system provides that inherently. Blockchain implementations almost always involve multiple parties that do not live inside any one trust boundary. Disclaimer: Do your own research before investing in any cryptocurrency or conventional stocks. My views are my personal opinions. | ||
Twotown Hero Username: Twotown Post Number: 10328 Registered: 09-2016 Posted From: 73.36.88.84 Rating: N/A |
technology side ayithe edhi follow avutunna nen..blockgeeks.com | ||
Mental_sachinodu Megastar Username: Mental_sachinodu Post Number: 21407 Registered: 10-2008 Posted From: 50.241.19.41 Rating: N/A |
ofcourse you might have already considered the security aspect of hacking a centralized system and the pitfalls it, while hacking into a single node in a distributed network. read some where .. if confidentiality is the only goal and trust is not an issue, then blockchain offers no benefit | ||
K805 Junior Artist Username: K805 Post Number: 55 Registered: 10-2016 Posted From: 208.87.236.201 Rating: N/A |
distributed System means -- the system available on multiple nodes across globe ?? ( in Cloud) | ||
Lisk Junior Artist Username: Lisk Post Number: 310 Registered: 12-2017 Posted From: 192.158.48.90 Rating: N/A |
simple document to understand blockchain concept. https://www.linkedin.com/pulse/blockchain-piyush-daftary/?tr ackingId=53oHNviEXXexeY7MFI0JAA%3D%3D&lipi=urn%3Ali%3Apage%3 Ad_flagship3_feed%3BTYFGwBprQ5%2BoBTlytLaVrw%3D%3D&licu=urn% 3Ali%3Acontrol%3Ad_flagship3_feed-object | ||
Mental_sachinodu Megastar Username: Mental_sachinodu Post Number: 21406 Registered: 10-2008 Posted From: 50.241.19.41 Rating: N/A |
thats the difference. Blockchain by design is not a centralized system. blockchain is an attempt to give the abilities of a centralized system to a distributed system,and gain the advantages of a distributed system. with a centralized system history is almost always a seperate implementation from the core system, with blockchain history is part of design. | ||
K805 Junior Artist Username: K805 Post Number: 54 Registered: 10-2016 Posted From: 208.87.236.201 Rating: N/A |
One use case from that book: When something goes wrong with a complex “system of systems,” such as an aircraft, it’s important to know the provenance, through supply chain management, of each component, down to the manufacturer, production date, batch, and even the manufacturing machine program. Blockchain holds complete provenance details of each component part, accessible by each manufacturer in the production process, the aircraft owners, maintainers, and government regulators. isn't it possible with today's technologies if we have consolidated / centralized information ?? | ||
K805 Junior Artist Username: K805 Post Number: 53 Registered: 10-2016 Posted From: 208.87.236.201 Rating: N/A |
I am trying to understand or explore Block Chain concepts and how it will solve today's unsolvable problems. Started reading Block Chain for Dummies from IBM book, in there whatever use cases they mention are can be implementable with today's available technology. I didn't get what Block Chain specially addressing which today's technology can't? Can any please help me to understand what problem Block Chain Solving, which currently available technologies can't? OR point me any link or reference document.. May thanks.. |