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Madhwapathi
Junior Artist Username: Madhwapathi
Post Number: 266 Registered: 10-2018 Posted From: 63.64.74.251
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, November 15, 2018 - 12:26 pm: |
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Jambalahaart_raja:i'd appreciate if you could throw more light. yemantha cutting-edge about it??
Adhi misconception. There's nothing much cutting edge about it. Yes, the implemention of the grand vision uses some advanced cryptography but the paradigm itself is quite simple. It is just that re-designing your existing processes to think that way is fcuking hard. We need to stop thinking of Blockchain as a technology play. It is a way of life - like Hinduism. Jambalahaart_raja:ML and AI hype-train band-wagon is also a gimmick ani naa strong feeling. Automation veru... yekangaa AI will take-over man-kind ani Elon Musk press ki kooyatam...
You are talking about AGI (Artificial General Intelligence). Adhi inkaa science fiction stage lone unnatlundhi. AI (now called MI - Machine Intelligence) is nothing but extracting value out of datasets in a fast and lucid manner to take decisions and predictions. Madhyatharagathi Madhwapathi |
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Madhwapathi
Junior Artist Username: Madhwapathi
Post Number: 265 Registered: 10-2018 Posted From: 63.64.74.251
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, November 15, 2018 - 12:22 pm: |
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Baatasari:govts cant allow this at all.. you donno wants happening in the economy, thisis called Blackmoney,Hawala etc - it will be discouraged.. no chance..
A big NO-No for the government (and I agree completely) is that it cannot control the inflation. There is no concept of "pumping in money to stabilize the rupee" for instance. Here's an interesting report from MIT on the same subject. (In case you haven't read it yet) https://www.technologyreview.com/s/610783/bitcoin-would-be-a -calamity-not-an-economy/ Madhyatharagathi Madhwapathi |
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Jambalahaart_raja
Side Hero Username: Jambalahaart_raja
Post Number: 9247 Registered: 07-2008 Posted From: 206.15.106.198
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, November 15, 2018 - 11:59 am: |
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Madhwapathi:Jai Jambal baba
ninna monnati daaka Payment Gateways, Point of Sale Systems yento teliyadu.. yelaa panichesthaayo teliyadu.. asalu andulo $0.001 charge per transaction ki yemantha profit koodaa teliyadu... ippudu Blockchain ante teliyadu... yedo sadvina daani batti, ardham ayina daani batti.. larger audiences laane nenu kooda midi-midi gnaanam toh.. phalaanaa.. ani anukuntunnaa.... i'd appreciate if you could throw more light. yemantha cutting-edge about it?? ML and AI hype-train band-wagon is also a gimmick ani naa strong feeling. Automation veru... yekangaa AI will take-over man-kind ani Elon Musk press ki kooyatam... AI invented it's own language so we are shutting down our AI efforts ani Mark Zuckerberg press statements ivvatam... na bhu.. na bha.... but that's an entirely different discussion. "Chill Bro. I told you to let it go!!" - The Budhha. |
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Baatasari
Junior Artist Username: Baatasari
Post Number: 485 Registered: 10-2018 Posted From: 171.159.192.10
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, November 15, 2018 - 10:38 am: |
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Jambalahaart_raja:The reason economies still exist is because there is hope for scope of doing secret transactions.
secrecy in transactions might be the USP of BITCOIN, i strongly believe, it is the biggest reason this currency will FAIL.. govts cant allow this at all.. you donno wants happening in the economy, thisis called Blackmoney,Hawala etc - it will be discouraged.. no chance.. brahma satyam jagan-mithyä jivo brahmaiva näparah |
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Madhwapathi
Junior Artist Username: Madhwapathi
Post Number: 261 Registered: 10-2018 Posted From: 63.64.74.251
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, November 15, 2018 - 10:27 am: |
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Jambalahaart_raja:If transactions are copied N-fold, then there is no secrecy. The reason economies still exist is because there is hope for scope of doing secret transactions.
Permissioned networks lo secrecy can still be maintained so that transactions between two parties are visible only them. Not to everyone on the chain. Quorum has such privacy controls. HLF has channels that you can define. Corda anyway is 1 to 1. Depends on the implementation. Mallee discuss chese opika, time ledhu guru gaaru... two hours lo flight back to the UK. Kaabatti, mee opinion tho in principle ekeebhavistunnaa... secrecy in transactions is the key to economic prosperity. Jai Jambal baba  Madhyatharagathi Madhwapathi |
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Jambalahaart_raja
Side Hero Username: Jambalahaart_raja
Post Number: 9246 Registered: 07-2008 Posted From: 206.15.106.198
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, November 15, 2018 - 10:11 am: |
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Madhwapathi:
guru gaaru, ante annaanu antaaru... Already World lo all currencies are Digital in nature. Less than 20% is paper-money in circulation, rest all bank websites and mobile apps lo Account Portfolio screens lo fonts-and-styles vunna numbers ye kada?? Malli Digital Currency enti?? Poni, Digital Currency toh sambandham ledu - Blockchain is cutting edge. Distributed Ledger ante enti? Every transaction is copied to multiple blocks in the chain or Every Transaction is broken-down into multiple blocks?? Break-down ki velthaaru ani nenu anukotamledu.. Copying is easy... If transactions are copied N-fold, then there is no secrecy. The reason economies still exist is because there is hope for scope of doing secret transactions. "Chill Bro. I told you to let it go!!" - The Budhha. |
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Mahi_chiru
Junior Artist Username: Mahi_chiru
Post Number: 717 Registered: 05-2008 Posted From: 171.161.56.16
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, November 15, 2018 - 04:17 am: |
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aa simple English or telugu vadandi bossu normal people like me will understand |
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Awara1984
Side Hero Username: Awara1984
Post Number: 9780 Registered: 12-2010 Posted From: 14.143.12.233
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, November 15, 2018 - 03:11 am: |
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Madhwapathi:
annai mana telugu baasha lo oka chinna example tho ee block chain ante endi cheppu |
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Pavala
Legend Username: Pavala
Post Number: 30744 Registered: 02-2008 Posted From: 165.225.64.60
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, November 15, 2018 - 03:09 am: |
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gootle Lenin.. aithe bottom line ettu....endhulo ettamantaav nannu....adhe naa paisal Mahesh performance lo 10% kooda Chiru cheyyaledu.... - New_user Spyder - Critically acclaimed disaster - New_user |
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Madhwapathi
Junior Artist Username: Madhwapathi
Post Number: 260 Registered: 10-2018 Posted From: 63.64.74.251
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, November 15, 2018 - 02:06 am: |
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Jambalahaart_raja:Like Democracy, Distributed Ledger is already a Failed Concept.
Jambalahaart_raja:it is core of Communism, and it will Fail.
 Madhyatharagathi Madhwapathi |
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Awesomedber
Side Hero Username: Awesomedber
Post Number: 5253 Registered: 04-2015 Posted From: 67.170.72.224
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, November 15, 2018 - 12:24 am: |
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Jambalahaart_raja: Blockchain will fail, because this definition sounds like Communism.
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Jambalahaart_raja
Side Hero Username: Jambalahaart_raja
Post Number: 9245 Registered: 07-2008 Posted From: 67.84.64.159
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, November 15, 2018 - 12:11 am: |
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Baatasari:where commoners like you, me form a chain and both of us have critical piece of info. together we ensure people cant break into our chain - integrity,security and ease of access... both of us communicate in a protocol of our choice.. over a period of time, as we incentivise our friendship, more and more of DB members join in the chain - and as followers increase the overall security increases N fold..
Blockchain will fail, because this definition sounds like Communism. Based on that definition, who will win? There is no winner, because there are no secrets. There are no Tax Evasions. Like Democracy, Distributed Ledger is already a Failed Concept. Democracy is being misused and abused every day every moment around us right ahead of our eyes. A Government That is For the People, By the People, Of the People... when so many People are involved, it is a $ith-show, it is core of Communism, and it will Fail. "Chill Bro. I told you to let it go!!" - The Budhha. |
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Baatasari
Junior Artist Username: Baatasari
Post Number: 476 Registered: 10-2018 Posted From: 71.187.246.172
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, November 14, 2018 - 11:06 pm: |
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Lenin:
Lenin saab.. you are not aware of Blockchain adaptations, and you are trying to undermine its success - ALL the fields you are imagining, and asking for - Blockchain is already being considered.. kinda nenu chepinattu ga.. Regulators each one of them..
Lenin:primary market* Interest rate swaps , hedging and netting , price change every millisecond and Blockchain recording all these transactions is next to impossible as per current features I strongly believe
i dont see y u wud record millisec level transaction details on Blockchain.. but still, i know that DTCC is pushing the market participants to adapt BC recording of EOD reporting..
 brahma satyam jagan-mithyä jivo brahmaiva näparah |
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Madhwapathi
Junior Artist Username: Madhwapathi
Post Number: 256 Registered: 10-2018 Posted From: 63.64.74.251
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, November 14, 2018 - 10:33 pm: |
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Lenin:Not a clearence or payment settlement system..but blockchain should be implemented in secondary market where the transactions are billions a day and I am still baffled how these blocks communicate with each other where a share holder buys twice in a day and sell off in the same day...as blockchain will charge the user to combine the blocks fully or partially sell them off
Again you are talking about proof of work consensus in a Byzantine fault setup. And crypto use case. We are talking about permissioned and private chains. The consensus mechanism can be anything there (whatever works for the business process). Also, you are talking only about FSI. Supply chain, manufacturing, health, pharma, retail, utilities - there are hundreds of places where blockchain can play a disruptive role. Madhyatharagathi Madhwapathi |
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Lenin
Hero Username: Lenin
Post Number: 18587 Registered: 08-2014 Posted From: 103.253.93.33
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, November 14, 2018 - 10:31 pm: |
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Lenin:should be implemented in secondary market
primary market* Interest rate swaps , hedging and netting , price change every millisecond and Blockchain recording all these transactions is next to impossible as per current features I strongly believe Guntur, Hyderabad, Andhra, Telangana, Tamilnadu, Karnataka first....India last!!! |
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Madhwapathi
Junior Artist Username: Madhwapathi
Post Number: 255 Registered: 10-2018 Posted From: 63.64.74.251
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, November 14, 2018 - 10:29 pm: |
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Rajusk:Subbu swamy
Awesomedber:Platy annai is doing "actual" Blockchain implementation for some top consulting firms in the world on behalf of leading Cloud based Blockchain solution provider.
 Madhyatharagathi Madhwapathi |
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Lenin
Hero Username: Lenin
Post Number: 18585 Registered: 08-2014 Posted From: 103.253.93.33
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, November 14, 2018 - 10:29 pm: |
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Madhwapathi:
Not a clearence or payment settlement system..but blockchain should be implemented in secondary market where the transactions are billions a day and I am still baffled how these blocks communicate with each other where a share holder buys twice in a day and sell off in the same day...as blockchain will charge the user to combine the blocks fully or partially sell them off Guntur, Hyderabad, Andhra, Telangana, Tamilnadu, Karnataka first....India last!!! |
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Madhwapathi
Junior Artist Username: Madhwapathi
Post Number: 254 Registered: 10-2018 Posted From: 63.64.74.251
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, November 14, 2018 - 10:27 pm: |
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Lenin:regulatory risks behind the blockchain implementaion in universalization of the citizen charters
Trust me and I say this as a person who studied formally the regulatory frameworks and their role in influencing blockchain paradigm from Oxford university - That is not a big issue going forward. MAS (Monetary Authority of Singapore), FCA UK, European Commission Brussels - everyone is already working on regulatory frameworks within which blockchain implementations can operate. Even India, (RBI) which effectively said no to cryptocurrencies, is working on a regulatory framework that blockchain use cases adhere to. There is work happening here all over the world because the potential of blockchain is huge. Madhyatharagathi Madhwapathi |
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Madhwapathi
Junior Artist Username: Madhwapathi
Post Number: 252 Registered: 10-2018 Posted From: 63.64.74.251
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, November 14, 2018 - 10:21 pm: |
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Lenin:I can't be on the same scale like you if you consider the technical skills..
As I said earlier and I repeat now, blockchain is not at all about the underlying technology platform. There are hundred different ways of implementing the distributed ledger technology.
Lenin:but as a learner of computational complexity I have my doubts on the success of blockchain
Fair enough. Let us agree to disagree on that note. Madhyatharagathi Madhwapathi |
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Lenin
Hero Username: Lenin
Post Number: 18583 Registered: 08-2014 Posted From: 103.253.93.33
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, November 14, 2018 - 10:20 pm: |
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Madhwapathi:
regulatory risks behind the blockchain implementaion in universalization of the citizen charters Guntur, Hyderabad, Andhra, Telangana, Tamilnadu, Karnataka first....India last!!! |
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Madhwapathi
Junior Artist Username: Madhwapathi
Post Number: 251 Registered: 10-2018 Posted From: 63.64.74.251
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, November 14, 2018 - 10:18 pm: |
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Lenin:the same thing u guys blame bitcoin inefficiency to make it to legitimate currency is a hindrance for blockchain development
Sigh! You don't get it. Do you? Bitcoin and blockchain are not one and the same.
Lenin:I will agree with you if Blockchain is rolled out in stock market
https://www.thestreet.com/investing/nasdaq-all-in-on-blockch ain-technology-14551134 Also, wait for an announcement very soon in this space. Madhyatharagathi Madhwapathi |
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Lenin
Hero Username: Lenin
Post Number: 18582 Registered: 08-2014 Posted From: 103.253.93.33
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, November 14, 2018 - 10:17 pm: |
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Madhwapathi:I do have the expertise to talk about the future of blockchain as well purely because I have the opportunity to learn from the field, the academia and the cynics too.
I can't be on the same scale like you if you consider the technical skills..but as a learner of computational complexity I have my doubts on the success of blockchain Guntur, Hyderabad, Andhra, Telangana, Tamilnadu, Karnataka first....India last!!! |
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Rajusk
Legend Username: Rajusk
Post Number: 66622 Registered: 02-2008 Posted From: 47.20.210.44
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, November 14, 2018 - 10:17 pm: |
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Madhwapathi:You won't get to the slope of enlightenment until you cross the trough of disillusionment.
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Lenin
Hero Username: Lenin
Post Number: 18581 Registered: 08-2014 Posted From: 103.253.93.33
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, November 14, 2018 - 10:15 pm: |
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Rajusk:
and we are the quantum evangelists of 2030s
 Guntur, Hyderabad, Andhra, Telangana, Tamilnadu, Karnataka first....India last!!! |
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Madhwapathi
Junior Artist Username: Madhwapathi
Post Number: 250 Registered: 10-2018 Posted From: 63.64.74.251
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, November 14, 2018 - 10:15 pm: |
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Lenin:I believe more in quantum computing than block chain as a potential game changer
They are two different paradigms. Each has its own merits and use cases. Quantum Computing will be a game changer. Agreed. It doesn't mean blockchain isn't going to be disruptive. Every technology goes through the hype curve. You won't get to the slope of enlightenment until you cross the trough of disillusionment.
Lenin:If I'm in a certain field and working on some thing I will be definitely optimistic about the outlook , also the buzz around BC is so much...
Agreed. But at the same time, because of that very fact - I do have the expertise to talk about the future of blockchain as well purely because I have the opportunity to learn from the field, the academia and the cynics too. Madhyatharagathi Madhwapathi |
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Rajusk
Legend Username: Rajusk
Post Number: 66621 Registered: 02-2008 Posted From: 47.20.210.44
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, November 14, 2018 - 10:13 pm: |
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Lenin: looks like your into the proselytisation of blockchain.
assalu evaro tho disco sesthunnaro telusa.. Subbu swamy might be Economist of 1970s but Madhwapathi is the BlockChain specialist of 2020s.. |
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Lenin
Hero Username: Lenin
Post Number: 18579 Registered: 08-2014 Posted From: 103.253.93.33
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, November 14, 2018 - 10:12 pm: |
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Madhwapathi:
https://ei.marketwatch.com/Multimedia/2018/08/28/Photos/NS/M W-GP081_pwc_bl_20180828101002_NS.png?uuid=0e2a0a16-aacc-11e8 -b18d-ac162d7bc1f7 Guntur, Hyderabad, Andhra, Telangana, Tamilnadu, Karnataka first....India last!!! |
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Lenin
Hero Username: Lenin
Post Number: 18578 Registered: 08-2014 Posted From: 103.253.93.33
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, November 14, 2018 - 10:10 pm: |
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Madhwapathi: because of the fallacies in your argument.
what fallacies have u noticed mate? what ever the fixes you have mentioned are still in progress , Blockchain consumption capacity to give the output is not at all attractive I will agree with you if Blockchain is rolled out in stock market still firms turning down blockchain because of regulatory uncertainity is very high...the same thing u guys blame bitcoin inefficiency to make it to legitimate currency is a hindrance for blockchain development Guntur, Hyderabad, Andhra, Telangana, Tamilnadu, Karnataka first....India last!!! |
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Madhwapathi
Junior Artist Username: Madhwapathi
Post Number: 248 Registered: 10-2018 Posted From: 63.64.74.251
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, November 14, 2018 - 10:08 pm: |
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Lenin:why there are so many alternative to Blockchain are making buzz like the hashgraph ?
What is your definition of blockchain? Blockchain these days is a term used for any distributed ledger technology that offers immutability, cryptographic security, programmability and privacy by design. All that your hashgraph is doing is a particular way of achieving consensus. There are hundreds of ways of achieving consensus at the protocol layer. If you are thinking that unless transactions are grouped together as blocks and proof of work is the only consensus that defines blockchain, you are mistaken.
Lenin:what was the anticipated growth rate and the actual ?
2018 is the year of production implementations 2020/2021 is when it attains mainstream 2021-2024 is when standardization of protocols occur 2025 is when blockchains attain widespread adoption 2016-17 - year of POCs and Pilots Yes, the growth or rather the adoption - has been as per expectations. Neither exceeded nor underperformed. Madhyatharagathi Madhwapathi |
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Madhwapathi
Junior Artist Username: Madhwapathi
Post Number: 247 Registered: 10-2018 Posted From: 63.64.74.251
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, November 14, 2018 - 09:59 pm: |
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Lenin:looks like your into the proselytisation of blockchain...I completely disagree with the statement 'Blockchain is BP re engineering'..at the core it's still is a database application
You can't be more wrong. Blockchain is a technology but a blockchain implementation is more about business process re-engineering than technical implementation. You take any typical blockchain implementation. Step 1 is where the advisory firms work with the consortium members to map their business processes to the organization vision. Step 2 is where the processes are restructured Step 3 is where the overall flow is decided and the high level governance rules are designed. At this point the advisory firms hand it over to the implementation companies who take this and implement it using whatever the ledger technology the requirements ask for.
Lenin:looks like your into the proselytisation of blockchain
Not at all. I am just debating with you because of the fallacies in your argument. At the end of the day, it does not matter what you or I think about blockchain. The enterprises see value in it and so are the governments. Even the traditional banks who are likely to be disrupted by this paradigm are embracing it to handle specific tasks in a more efficient manner. Again, it is all about a particular business process and the implementation strategy. Blockchain is only a small piece of the puzzle. A business process - translated to technical implementation will have 100 other technology choices being made - along with the ledger in question. Blockchain is here to stay. Madhyatharagathi Madhwapathi |
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Lenin
Hero Username: Lenin
Post Number: 18575 Registered: 08-2014 Posted From: 103.253.93.33
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, November 14, 2018 - 09:56 pm: |
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Awesomedber:
If I'm in a certain field and working on some thing I will be definitely optimistic about the outlook , also the buzz around BC is so much... I am not saying the future is bleak for Blockchain, but it's not the transformative dictate that really does the re engineering I believe more in quantum computing than block chain as a potential game changer Guntur, Hyderabad, Andhra, Telangana, Tamilnadu, Karnataka first....India last!!! |
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Lenin
Hero Username: Lenin
Post Number: 18573 Registered: 08-2014 Posted From: 103.253.93.33
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, November 14, 2018 - 09:51 pm: |
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Madhwapathi:
since the evolution of Bitcoin in 2008 what is the real implementation percentage of blockchain outside crypto..can you throw a light ? what was the anticipated growth rate and the actual ? why there are so many alternative to Blockchain are making buzz like the hashgraph ? Due to the pole position Blockchain might be ahead...but as far as the commercial application perspective Blockchain has n't met the initial projections Guntur, Hyderabad, Andhra, Telangana, Tamilnadu, Karnataka first....India last!!! |
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Awesomedber
Side Hero Username: Awesomedber
Post Number: 5252 Registered: 04-2015 Posted From: 131.107.160.163
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, November 14, 2018 - 09:50 pm: |
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Lenin:looks like your into the proselytisation of blockchain...I completely disagree with the statement 'Blockchain is BP re engineering'..at the core it's still is a database application
Anna..Idokka saari na amaata vinu annai. Platy annai is doing "actual" Blockchain implementation for some top consulting firms in the world on behalf of leading Cloud based Blockchain solution provider. Aayna cheppedi jara nammu  |
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Madhwapathi
Junior Artist Username: Madhwapathi
Post Number: 246 Registered: 10-2018 Posted From: 63.64.74.251
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, November 14, 2018 - 09:47 pm: |
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Lenin:I am saying about adopting blockchain as the unanimous solutions to enhance the performance of the sectors
Unanimous solutions? No, it will never ever be the "unanimous solution" for anything. It will be a viable option to deal with multi-organization, multi-party business process optimizations. And we are at least three years from widespread use of the paradigm. 2018 is when production implementations started. Supplychain disruption due to blockchain is huge and most retail firms have started talking to the advisory firms on re-engineering their processes to implement blockchain based solutions.
Lenin:probably Blockchain might be of help in container management in tracking the shipments and some other customs related documentation which is highly confidential
1. Tracking of shipments 2. Insurance of the freight 3. Customs clearance processes 4. Counterfeit prevention 5. At every step of the way - documents/tokenized contracts that cannot be doctored. 6. Auto Audit - Transparency. Madhyatharagathi Madhwapathi |
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Lenin
Hero Username: Lenin
Post Number: 18572 Registered: 08-2014 Posted From: 103.253.93.33
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, November 14, 2018 - 09:45 pm: |
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Madhwapathi:
looks like your into the proselytisation of blockchain...I completely disagree with the statement 'Blockchain is BP re engineering'..at the core it's still is a database application Guntur, Hyderabad, Andhra, Telangana, Tamilnadu, Karnataka first....India last!!! |
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Lenin
Hero Username: Lenin
Post Number: 18571 Registered: 08-2014 Posted From: 103.253.93.33
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, November 14, 2018 - 09:41 pm: |
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Madhwapathi: think you missed my response where I stated the industries where Blockchain is already live in production.
I have n't denied the implementations , I am saying about adopting blockchain as the unanimous solutions to enhance the performance of the sectors regarding containers...Yes, am kidding, since I work in logistics field and deal with intermodal transport issues on a day to day basis probably Blockchain might be of help in container management in tracking the shipments and some other customs related documentation which is highly confidential Guntur, Hyderabad, Andhra, Telangana, Tamilnadu, Karnataka first....India last!!! |
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Madhwapathi
Junior Artist Username: Madhwapathi
Post Number: 245 Registered: 10-2018 Posted From: 63.64.74.251
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, November 14, 2018 - 09:40 pm: |
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Lenin:nenu annadi it does not hold the true definition of 'distributed technology'
Blockchain isn't just a technology. It is 85% business process re-engineering, 5% protocol and 10% technical implementation. The shared data ledger transcends organizational trust boundaries and the immutability opens up interesting possibilities. Madhyatharagathi Madhwapathi |
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Madhwapathi
Junior Artist Username: Madhwapathi
Post Number: 244 Registered: 10-2018 Posted From: 63.64.74.251
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, November 14, 2018 - 09:37 pm: |
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Lenin:Scalability is adding more blocks , the hardcap limit set on the blocks and the problem that arise with the increase of the size, response time for peer to peer verification
So, you are talking about a public cryptocurrency blockchain implementation. IN a private permissioned blockchain, there are no limits per se on the blocks. And note that not every distributed ledger stores transactions in blocks. Corda, for instance, has a running list of transactions and it doesn't have blocks.
Lenin:the role of developer comes when a blockchain is hacked completely and needs to be replaced..
Incredibly difficult in a permissioned/private/consortium blockchain implementation. Lenin:deniki container bolt seals ni custom vallu break chesi replica ni replace cheyakundana
I am sure you are joking. It is a multi-billion dollar program. IBM and Maersk have a JV floated to handle governance of the consortium of insurance, freight/shipping companies. Maersk has another partnership with Microsoft to create a similar consortium. Again, multi-billion dollar implementation. I think you missed my response where I stated the industries where Blockchain is already live in production. Madhyatharagathi Madhwapathi |
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Lenin
Hero Username: Lenin
Post Number: 18568 Registered: 08-2014 Posted From: 103.253.93.33
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, November 14, 2018 - 09:26 pm: |
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Andhrawala:Container management company ki IBM doing a big blockchain project antaa
deniki container bolt seals ni custom vallu break chesi replica ni replace cheyakundana
 Guntur, Hyderabad, Andhra, Telangana, Tamilnadu, Karnataka first....India last!!! |
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Andhrawala
Legend Username: Andhrawala
Post Number: 72693 Registered: 03-2008 Posted From: 136.56.133.84
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, November 14, 2018 - 09:24 pm: |
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Maersk ani Container management company ki IBM doing a big blockchain project antaa No Signature |
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Baatasari
Junior Artist Username: Baatasari
Post Number: 472 Registered: 10-2018 Posted From: 71.187.246.172
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, November 14, 2018 - 09:20 pm: |
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Lenin:in fact true distributed technology will not be prefered by financial institutions as they want some sort of authenticity over the transactions
not true actually, for example, Financial institutions are looking to spawn their Blockchains to record sensitive internal information - like Regulatory info. Idea being, to use the scalability, encryption, Identity preservation - basics of blockchain ( which you seem to think is not there / bad in blockchain ). Healthcare, Security, in future we might have your passport information across nations in blockchain format. Your Form16, your CV in blockchain ?? sava laksha applications, which startups are trying to implement already.. brahma satyam jagan-mithyä jivo brahmaiva näparah |
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Lenin
Hero Username: Lenin
Post Number: 18566 Registered: 08-2014 Posted From: 103.253.93.33
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, November 14, 2018 - 09:14 pm: |
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Baatasari:blockchain has a proof of * principle - but is NOT a database. You can use a chain to store anything, but dont call it a db. meeru kindane annaru, blockchain is not "distributed" since people are part of network ani -
nenu annadi it does not hold the true definition of 'distributed technology' ani..if it's true to the technology there will be kind of vulnerability in it's sytem, in fact true distributed technology will not be prefered by financial institutions as they want some sort of authenticity over the transactions Guntur, Hyderabad, Andhra, Telangana, Tamilnadu, Karnataka first....India last!!! |
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Lenin
Hero Username: Lenin
Post Number: 18565 Registered: 08-2014 Posted From: 103.253.93.33
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, November 14, 2018 - 09:10 pm: |
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Madhwapathi:nce a consortium is in place and the participants agree to the governance rules, the ledger IS distribtued among the organizations. What is the role of the developer in this case? Why is it funny to call it distributed?
the role of developer comes when a blockchain is hacked completely and needs to be replaced...then all the new rules laid down will make it more centralized or a private network if the intrusion keeps on happening Guntur, Hyderabad, Andhra, Telangana, Tamilnadu, Karnataka first....India last!!! |
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Lenin
Hero Username: Lenin
Post Number: 18564 Registered: 08-2014 Posted From: 103.253.93.33
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, November 14, 2018 - 09:05 pm: |
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Madhwapathi:calability as in transactions processed per second?
Scalability is adding more blocks , the hardcap limit set on the blocks and the problem that arise with the increase of the size, response time for peer to peer verification Guntur, Hyderabad, Andhra, Telangana, Tamilnadu, Karnataka first....India last!!! |
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Baatasari
Junior Artist Username: Baatasari
Post Number: 471 Registered: 10-2018 Posted From: 71.187.246.172
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, November 14, 2018 - 08:57 pm: |
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Lenin:U r your own ISP (using ur personalized DNS)
something like this, WORLDWIDE - is never going to happen. Govts will just ban this even if people attempt.
Lenin:the workaround for scalability of blockchain (like including more number of blocks ) but there is no concrete solution on that
Number of blocks is still a function of the type of implementation - has nothign to do with the ledger.. as MP is quoting, if i choose to set multi-layered encryption it automatically implies more blocks, more Compute power => hence more Mining needed..
Lenin:blockchain so far is useful as a database application mostly freenet application is different although 'distributed' is the common feature among them
blockchain has a proof of * principle - but is NOT a database. You can use a chain to store anything, but dont call it a db. meeru kindane annaru, blockchain is not "distributed" since people are part of network ani -
Lenin:is n't it funny to call it 'distributed' when the developers still have the hold on the network?
distributed network, by ITSELF doesnt mean people are not part of network. It means the POWER is distributed.. brahma satyam jagan-mithyä jivo brahmaiva näparah |
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Madhwapathi
Junior Artist Username: Madhwapathi
Post Number: 242 Registered: 10-2018 Posted From: 167.220.2.101
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, November 14, 2018 - 08:56 pm: |
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Lenin:Do u know a hacker has already exposed a contract ethereum blockchain?
Are you talking about this? https://cointelegraph.com/news/hackers-breach-smart-contract -on-ethereum-based-adult-entertainment-platform-spankchain
Lenin:is n't it funny to call it 'distributed' when the developers still have the hold on the network?
Which developers have a hold on the consortium network? Once a consortium is in place and the participants agree to the governance rules, the ledger IS distribtued among the organizations. What is the role of the developer in this case? Why is it funny to call it distributed? Madhyatharagathi Madhwapathi |
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Madhwapathi
Junior Artist Username: Madhwapathi
Post Number: 241 Registered: 10-2018 Posted From: 167.220.2.101
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, November 14, 2018 - 08:51 pm: |
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Options for PQE - Cryptography You can look at XMSS, BPQS, Sphincs etc for Hash based, Ring-Tesla, NTRU etc for Lattice-based, McEllece, Rainbow etc for Code-based and supersingular elliptic curves Also work is already in progress with qBlockchain - a blockchain system that uses quantum cryptography - using protocols such as BB84. By the time, quantum computers with enough qubits flood the market, the blockchain would be ready for the PQE. Madhyatharagathi Madhwapathi |
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Madhwapathi
Junior Artist Username: Madhwapathi
Post Number: 240 Registered: 10-2018 Posted From: 167.220.2.101
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, November 14, 2018 - 08:43 pm: |
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Lenin:but lot of the industries have n't adopted the technology yet ani na meaning
There are production live implementations in the following industries 1. Manufacturing 2. Retail, CPG, Supply Chain 3. Energy and Utilities 4. BFSI 5. Government 6. Health Madhyatharagathi Madhwapathi |
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Madhwapathi
Junior Artist Username: Madhwapathi
Post Number: 238 Registered: 10-2018 Posted From: 167.220.2.101
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, November 14, 2018 - 08:40 pm: |
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Lenin:I am criticizing blockchain in terms of it's scalability and security capacity
Scalability as in transactions processed per second? Security as in... someone unauthorised getting access to the data on the ledger? Madhyatharagathi Madhwapathi |
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Lenin
Hero Username: Lenin
Post Number: 18561 Registered: 08-2014 Posted From: 103.253.93.33
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, November 14, 2018 - 08:23 pm: |
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Baatasari:Whats the difference between Distributed Internet to Normal one ?
U r your own ISP (using ur personalized DNS)
Baatasari:What is the issue of blockchain scalability and security capacity ?
the workaround for scalability of blockchain (like including more number of blocks ) but there is no concrete solution on that
Baatasari:w is Freenet different from this blockchain example ?
what exactly want you to compare here..blockchain so far is useful as a database application mostly freenet application is different although 'distributed' is the common feature among them Guntur, Hyderabad, Andhra, Telangana, Tamilnadu, Karnataka first....India last!!! |
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Baatasari
Junior Artist Username: Baatasari
Post Number: 470 Registered: 10-2018 Posted From: 71.187.246.172
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, November 14, 2018 - 08:07 pm: |
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Lenin:I am comparing distributed internet to normal one I am criticizing blockchain in terms of it's scalability and security capacity
you dont ans my questions to the point - 1) Whats the difference between Distributed Internet to Normal one ? 2) What is the issue of blockchain scalability and security capacity ? 3) How is Freenet different from this blockchain example ? brahma satyam jagan-mithyä jivo brahmaiva näparah |
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Madhwapathi
Junior Artist Username: Madhwapathi
Post Number: 237 Registered: 10-2018 Posted From: 167.220.104.244
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, November 14, 2018 - 08:06 pm: |
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Lenin:Theoretically , a public company holding 51% of nodes can control the transactions over the network..
Nope Deenemma pub lo kookoni beer thaaguthunnappude vasthaayi ituvanti threads. Cannot participate. Will provide my point of view as a Blockchain SME after some time Madhyatharagathi Madhwapathi |
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Lenin
Hero Username: Lenin
Post Number: 18560 Registered: 08-2014 Posted From: 103.253.93.33
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, November 14, 2018 - 07:54 pm: |
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Baatasari:
when did I say Blockchain has gateways..I am comparing distributed internet to normal one I am criticizing blockchain in terms of it's scalability and security capacity you are comparing them... Guntur, Hyderabad, Andhra, Telangana, Tamilnadu, Karnataka first....India last!!! |
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Lenin
Hero Username: Lenin
Post Number: 18559 Registered: 08-2014 Posted From: 103.253.93.33
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, November 14, 2018 - 07:45 pm: |
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Baatasari:
Theoretically , a public company holding 51% of nodes can control the transactions over the network... the debate here is on security norms of Blockchain, not distributed internet...I have n't claimed DI as a robust application and there has n't been much work going around Blockchain on the other hand has been hailed as the one of the most secure application Guntur, Hyderabad, Andhra, Telangana, Tamilnadu, Karnataka first....India last!!! |
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Baatasari
Junior Artist Username: Baatasari
Post Number: 469 Registered: 10-2018 Posted From: 71.187.246.172
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, November 14, 2018 - 07:44 pm: |
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Lenin:a network without gateways
blockchain lo emi gateways unai saar ? do you think govt cant control freenet ? brahma satyam jagan-mithyä jivo brahmaiva näparah |
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Lenin
Hero Username: Lenin
Post Number: 18557 Registered: 08-2014 Posted From: 103.253.93.33
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, November 14, 2018 - 07:39 pm: |
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Baatasari:o you are still on the network ?
a network without gateways Guntur, Hyderabad, Andhra, Telangana, Tamilnadu, Karnataka first....India last!!! |
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Baatasari
Junior Artist Username: Baatasari
Post Number: 468 Registered: 10-2018 Posted From: 71.187.246.172
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, November 14, 2018 - 07:39 pm: |
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Lenin:Free internet is better because govts can 't control it and it will bring down the cost
do you think govt cant control ? china communist govt ?  brahma satyam jagan-mithyä jivo brahmaiva näparah |
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Lenin
Hero Username: Lenin
Post Number: 18556 Registered: 08-2014 Posted From: 103.253.93.33
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, November 14, 2018 - 07:36 pm: |
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Baatasari:Freenet is better or worse "revolution" than blockchain ? well.. how do you see it as different..
Free internet is better because govts can 't control it and it will bring down the cost...it's revolutionary in that way Blockchain on the otherhand is for businesses and public entities not for the use of a common man Guntur, Hyderabad, Andhra, Telangana, Tamilnadu, Karnataka first....India last!!! |
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Baatasari
Junior Artist Username: Baatasari
Post Number: 467 Registered: 10-2018 Posted From: 71.187.246.172
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, November 14, 2018 - 07:33 pm: |
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Lenin:have you heard about storj, namecoin kind of stuff which are decentralized applications those do not use blockchain
i havent known storj.. well lets stick to just Blockchain n Bitcoin topic, our original discussion..
Lenin:The way it get rids off the gateways by mesh networking
so you are still on the network ?
Lenin:s n't it funny to call it 'distributed' when the developers still have the hold on the network?
brahma satyam jagan-mithyä jivo brahmaiva näparah |
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Lenin
Hero Username: Lenin
Post Number: 18555 Registered: 08-2014 Posted From: 103.253.93.33
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, November 14, 2018 - 07:30 pm: |
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Baatasari: Blockchain, that got hacked not that Blockchain was trashed - hence i tried to differentiate Blockchain Vs its implementations..
Block chain is still vulnerable out side the scope of these cryptocurrencies have you heard about storj, namecoin kind of stuff which are decentralized applications those do not use blockchain
Baatasari:- how is this Freenet different to blockchain ? What to you is "true-distributed" technology ?
The way it get rids off the gateways by mesh networking Guntur, Hyderabad, Andhra, Telangana, Tamilnadu, Karnataka first....India last!!! |
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Baatasari
Junior Artist Username: Baatasari
Post Number: 466 Registered: 10-2018 Posted From: 71.187.246.172
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, November 14, 2018 - 07:27 pm: |
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Lenin:I have n't boasted about decentralized internet that it will be as secure as block chain...decentralized internet will get rid off ISPs and beholding TLD stuff
Lenin:it's hard to control bitcoin (technically) as long as people are willing to hoard on to it decentralized internet anedi very very distant dream...but it's a true revolution compared to blockchain
so are you saying Freenet is better or worse "revolution" than blockchain ? well.. how do you see it as different.. and y cant bitcoin / Freenet be controlled ? brahma satyam jagan-mithyä jivo brahmaiva näparah |
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Baatasari
Junior Artist Username: Baatasari
Post Number: 465 Registered: 10-2018 Posted From: 71.187.246.172
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, November 14, 2018 - 07:24 pm: |
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your statements, i find it hard to make sense, hence the number of questions - hoping to get clarity.
Lenin:but it's a true revolution compared to blockchain
for which i asked - how is this Freenet different to blockchain ? What to you is "true-distributed" technology ?
Lenin:Do u know a hacker has already exposed a contract ethereum blockchain?
its the implementation of Blockchain, that got hacked not that Blockchain was trashed - hence i tried to differentiate Blockchain Vs its implementations.. brahma satyam jagan-mithyä jivo brahmaiva näparah |
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Lenin
Hero Username: Lenin
Post Number: 18554 Registered: 08-2014 Posted From: 103.253.93.33
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, November 14, 2018 - 07:22 pm: |
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Baatasari:
I have n't boasted about decentralized internet that it will be as secure as block chain...decentralized internet will get rid off ISPs and beholding TLD stuff Guntur, Hyderabad, Andhra, Telangana, Tamilnadu, Karnataka first....India last!!! |
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Lenin
Hero Username: Lenin
Post Number: 18553 Registered: 08-2014 Posted From: 103.253.93.33
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, November 14, 2018 - 07:18 pm: |
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Baatasari:
who here denied that crypto is an application of blockchain ? have I ? problem is with the hype around blockchain where itz use is limited at the moment... what are the maximum number of nodes in the network that a blockchain implementation has seen ? let me know...how quick it can process billions of transactions involved on a daily basis say the 'Wall Street' cheppa kada..you have to wait for the answers Guntur, Hyderabad, Andhra, Telangana, Tamilnadu, Karnataka first....India last!!! |
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Mahesh_fan
Megastar Username: Mahesh_fan
Post Number: 24657 Registered: 09-2010 Posted From: 170.141.177.132
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, November 14, 2018 - 07:09 pm: |
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Baatasari:I feel its more of a gamble trading on CryptoCURRENCY, but i am a supporter of Blockchain concepts..
ok .. |
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Baatasari
Junior Artist Username: Baatasari
Post Number: 464 Registered: 10-2018 Posted From: 71.187.246.172
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, November 14, 2018 - 07:08 pm: |
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Mahesh_fan:
I have investments in NSE stocks.. not in any crypto.. I feel its more of a gamble trading on CryptoCURRENCY, but i am a supporter of Blockchain concepts.. brahma satyam jagan-mithyä jivo brahmaiva näparah |
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Baatasari
Junior Artist Username: Baatasari
Post Number: 463 Registered: 10-2018 Posted From: 71.187.246.172
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, November 14, 2018 - 07:07 pm: |
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Lenin:is n't it funny to call it 'distributed' when the developers still have the hold on the network?
so what according to you, is a true "non-distributed" ledger.. Freenet example you gave, users will still have to plug into a "network" but this network is not provided by Govt and its their own.. How is this different from Blockchain ? brahma satyam jagan-mithyä jivo brahmaiva näparah |
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Mahesh_fan
Megastar Username: Mahesh_fan
Post Number: 24656 Registered: 09-2010 Posted From: 170.141.177.132
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, November 14, 2018 - 07:07 pm: |
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Baatasari:
are you invested? |
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Baatasari
Junior Artist Username: Baatasari
Post Number: 462 Registered: 10-2018 Posted From: 71.187.246.172
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, November 14, 2018 - 07:05 pm: |
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Lenin:
Its not that bitcoin cant be hacked.It has its own limitations... the incentive here is a so called currency .. pls read what me/MP are claiming - BLOCKCHAIN is revolutionary. NOT BITCOIN.. in layman terms.. BITCOIN is one application of blockchain.. and its flawed so the currency will fall.. brahma satyam jagan-mithyä jivo brahmaiva näparah |
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Lenin
Hero Username: Lenin
Post Number: 18552 Registered: 08-2014 Posted From: 103.253.93.33
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, November 14, 2018 - 07:04 pm: |
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Baatasari: distributed ledger.
is n't it funny to call it 'distributed' when the developers still have the hold on the network? Guntur, Hyderabad, Andhra, Telangana, Tamilnadu, Karnataka first....India last!!! |
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Baatasari
Junior Artist Username: Baatasari
Post Number: 461 Registered: 10-2018 Posted From: 71.187.246.172
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, November 14, 2018 - 07:03 pm: |
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Sannayi_nokkulu:banana peel level lo cheppand
in simple terms - distributed ledger. where commoners like you, me form a chain and both of us have critical piece of info. together we ensure people cant break into our chain - integrity,security and ease of access... both of us communicate in a protocol of our choice.. over a period of time, as we incentivise our friendship, more and more of DB members join in the chain - and as followers increase the overall security increases N fold.. brahma satyam jagan-mithyä jivo brahmaiva näparah |
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Lenin
Hero Username: Lenin
Post Number: 18551 Registered: 08-2014 Posted From: 103.253.93.33
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, November 14, 2018 - 07:02 pm: |
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Baatasari:
Revolutions will not come from only proletariats man...it comes from greedy people to it's hard to control bitcoin (technically) as long as people are willing to hoard on to it decentralized internet anedi very very distant dream...but it's a true revolution compared to blockchain Do u know a hacker has already exposed a contract ethereum blockchain? Guntur, Hyderabad, Andhra, Telangana, Tamilnadu, Karnataka first....India last!!! |
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Baatasari
Junior Artist Username: Baatasari
Post Number: 460 Registered: 10-2018 Posted From: 71.187.246.172
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, November 14, 2018 - 06:58 pm: |
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Lenin:
yeah, i did read about HK protests .. surprised you believe these kind of apps will have govt approval .. Bitcoin ni tokkestar vayya antunte .. decentralised Freenet antunaru meeru - and it will be first banned in Communist China ? dont u think so.. brahma satyam jagan-mithyä jivo brahmaiva näparah |
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Lenin
Hero Username: Lenin
Post Number: 18550 Registered: 08-2014 Posted From: 103.253.93.33
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, November 14, 2018 - 06:57 pm: |
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Baatasari: you think this Freenet is the future of "Internet" ?
definitely no..it's hard to implement and nightmare in practice ..lot of work needs to be done, probably the day when Google is broken decentralized internet will become reality lot of work to be done Baatasari:blockchain is currently used - OTHER than bitcoin ?
pls let me know Guntur, Hyderabad, Andhra, Telangana, Tamilnadu, Karnataka first....India last!!! |
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Lenin
Hero Username: Lenin
Post Number: 18549 Registered: 08-2014 Posted From: 103.253.93.33
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, November 14, 2018 - 06:55 pm: |
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Baatasari:decentralizing the internet
https://edition.cnn.com/2014/10/16/tech/mobile/tomorrow-tran sformed-firechat/index.html batasari idi choodu...this will work outside the scope of interent Guntur, Hyderabad, Andhra, Telangana, Tamilnadu, Karnataka first....India last!!! |
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Baatasari
Junior Artist Username: Baatasari
Post Number: 459 Registered: 10-2018 Posted From: 71.187.246.172
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, November 14, 2018 - 06:55 pm: |
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Lenin:yes definitely for bitcoin
do you know of where, blockchain is currently used - OTHER than bitcoin ? do you think this Freenet is the future of "Internet" ? brahma satyam jagan-mithyä jivo brahmaiva näparah |
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Lenin
Hero Username: Lenin
Post Number: 18548 Registered: 08-2014 Posted From: 103.253.93.33
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, November 14, 2018 - 06:51 pm: |
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Baatasari: donno what is that supposed to mean..
check this... https://en.wikipedia.org/wiki/Freenet
Baatasari:blockchain - is revolutionary..
yes definitely for bitcoin Guntur, Hyderabad, Andhra, Telangana, Tamilnadu, Karnataka first....India last!!! |
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Sannayi_nokkulu
Legend Username: Sannayi_nokkulu
Post Number: 31445 Registered: 06-2014 Posted From: 166.216.165.116
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, November 14, 2018 - 06:47 pm: |
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Babu ee nalla tachu ade chain in robo gurinchi evarina banana peel level lo cheppandi sachipotava , avineethi ga batukutava okkate option ante alochinchakunda chachipotaa ane type cbn - OT
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Baatasari
Junior Artist Username: Baatasari
Post Number: 458 Registered: 10-2018 Posted From: 71.187.246.172
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, November 14, 2018 - 06:46 pm: |
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Lenin:if I really see what blockchain does , then u can identify it's not that revolutionary
blockchain - is revolutionary..
Lenin:decentralizing the internet
?? donno what is that supposed to mean..
 brahma satyam jagan-mithyä jivo brahmaiva näparah |
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Lenin
Hero Username: Lenin
Post Number: 18547 Registered: 08-2014 Posted From: 103.253.93.33
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, November 14, 2018 - 06:43 pm: |
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Baatasari:
Blockchain is a buzzword for technocrats in the world..if I really see what blockchain does , then u can identify it's not that revolutionary probably decentralizing the internet is the best thing one can do... Guntur, Hyderabad, Andhra, Telangana, Tamilnadu, Karnataka first....India last!!! |
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Baatasari
Junior Artist Username: Baatasari
Post Number: 457 Registered: 10-2018 Posted From: 71.187.246.172
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, November 14, 2018 - 06:38 pm: |
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Lenin:
guess blockchain has its own usages, and industries are slowly catching up right.. mottam andaru polomani day1 nunche apply cheyaleru kada.. so not sure y u think its not-functional... but then its ur opinion anyway.. brahma satyam jagan-mithyä jivo brahmaiva näparah |
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Lenin
Hero Username: Lenin
Post Number: 18546 Registered: 08-2014 Posted From: 103.253.93.33
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, November 14, 2018 - 06:35 pm: |
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Baatasari:
functional anedi literal meaning teeskoku..already half a decade nundi chebthunnaru blockchain gurinchi...but lot of the industries have n't adopted the technology yet ani na meaning Guntur, Hyderabad, Andhra, Telangana, Tamilnadu, Karnataka first....India last!!! |
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Baatasari
Junior Artist Username: Baatasari
Post Number: 456 Registered: 10-2018 Posted From: 71.187.246.172
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, November 14, 2018 - 06:34 pm: |
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Lenin:
are you saying block-chain is NOT functional in - Finance (including currencies ) and some apps brahma satyam jagan-mithyä jivo brahmaiva näparah |
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Lenin
Hero Username: Lenin
Post Number: 18545 Registered: 08-2014 Posted From: 103.253.93.33
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, November 14, 2018 - 06:32 pm: |
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Baatasari:
Finance (including currencies ) and some apps Guntur, Hyderabad, Andhra, Telangana, Tamilnadu, Karnataka first....India last!!! |
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Baatasari
Junior Artist Username: Baatasari
Post Number: 454 Registered: 10-2018 Posted From: 71.187.246.172
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, November 14, 2018 - 06:24 pm: |
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Lenin:It is applicable to only a couple of sectors
do you have a full list of sectors in mind, for completeness check ? which makes you agree that blockchain is functional..
 brahma satyam jagan-mithyä jivo brahmaiva näparah |
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Lenin
Hero Username: Lenin
Post Number: 18537 Registered: 08-2014 Posted From: 103.253.93.33
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, November 14, 2018 - 05:51 pm: |
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Madhwapathi:It is already functional.
It is applicable to only a couple of sectors at the moment and the applicability has it's limitations
Madhwapathi:most protocols designed today are designed keeping in mind the PQE (Post Quantum Era) and employ what is known as QSE (Quantum Safe Encryption) - which is nothing but public key cryptography that is quantum safe.
they are still in design phase...I have n't heard about a system which is capable of implementing a quantum safe digital certificate Guntur, Hyderabad, Andhra, Telangana, Tamilnadu, Karnataka first....India last!!! |
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Madhwapathi
Junior Artist Username: Madhwapathi
Post Number: 235 Registered: 10-2018 Posted From: 167.220.2.101
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, November 14, 2018 - 05:39 pm: |
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Lenin:all the public and private key cryptography logic will be broken into pieces..
Not true.
Lenin:by the time Block Chain will be functional
It is already functional.
Lenin:reaches it's full potential in commercial usage
2021
Lenin: running a Shor's algorithm on a universal gate quantum computer will not be a distant dream
At least a decade away. By the way, most protocols designed today are designed keeping in mind the PQE (Post Quantum Era) and employ what is known as QSE (Quantum Safe Encryption) - which is nothing but public key cryptography that is quantum safe. Madhyatharagathi Madhwapathi |
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Lenin
Hero Username: Lenin
Post Number: 18515 Registered: 08-2014 Posted From: 103.253.93.33
Rating:  Votes: 1 (Vote!) | | Posted on Wednesday, November 14, 2018 - 04:12 pm: |
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I can not predict the infrequent hype and hoopla around cryptos but from a monetary perspective what I understand and I already mentioned is these currencies will neither act as commodities nor as assets they can't be inflated like traditional currencies and it will be hard to beat the persons with more bitcoins for a new entrant , it's a kind of feudalism in fact, cryptocurrency is a step backwards Guntur, Hyderabad, Andhra, Telangana, Tamilnadu, Karnataka first....India last!!! |
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Lenin
Hero Username: Lenin
Post Number: 18514 Registered: 08-2014 Posted From: 103.253.93.33
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, November 14, 2018 - 04:09 pm: |
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Once quantum computing becomes a reality all the public and private key cryptography logic will be broken into pieces.. by the time Block Chain will be functional and reaches it's full potential in commercial usage, running a Shor's algorithm on a universal gate quantum computer will not be a distant dream Guntur, Hyderabad, Andhra, Telangana, Tamilnadu, Karnataka first....India last!!! |