The Future of Blockchain
Вставка
- Опубліковано 21 лип 2020
- Blockchain is a very powerful group of technologies that facilitates distributed trust. As a decentralized system, it is incredibly robust and adaptable, advantages which are counterbalanced by its slow speed and inefficiency. It is an essential requirement for digital currencies, like Bitcoin, which are useful in places where central banks are ineffective or very expensive. Bitcoin also allows users to do things the government doesn't approve of, which might be criminal or political or revolutionary or trans-national. But digital currencies are also incredibly volatile and it's hard to predict their future. Blockchain, on the other hand, offers utility far beyond digital currencies. As we continue to evolve our relationship with technology and privacy, we can see a role for smart contacts, which could be used to negotiate trust and approval across large networks. In the Mirror World, where individuals are constantly contributing virtual objects and artifacts, there is a massive need to verify whether things are legitimate or not. In the physical world, blockchain can be embedded to track the provenance of objects and to confirm authenticity. In a world of 8 billion people, a distributed system like this makes a lot of sense, and many experiments are underway to reduce the need for computational cycles, reducing the environmental costs. We are still waiting to see how decentralized systems like blockchain scale up, and we are still exploring what it's really good for, but I expect that this technology will become part of the ecosystem of invisible infrastructure in the next 10 years.
This video on “The Future of Blockchain” was commissioned by China Mobile as part of an online course. It is one of 36 lecture videos. A version with Chinese subtitles is available at Citic Migu: citic.cmread.com/zxHtml/listen...
A transcript of the lecture in English is available here: drive.google.com/file/d/1KaBl... - Наука та технологія
Super clear.It's wisdom to explain blockchain in such understandable way.THANK YOU.
Very clear and entertaining even though there's no visuals! Appreciate your insights and metaphors. The electrical infrastructure clicked well in my mind
Thank you for the detailed information..
worth an update here - Ethereum L2 scaling is making compute costless. Also for digital identity, wouldn't a cohort of centralized players be a more effective route - e.g. a G8, but of big tech firms, with a slashing mechanism to ensure no bad actors.
Thank you
Thank you sir. Very clear explanation.
Here's the real question. As a lay (non-programmer) how do we invest in blockchain now, on the ground floor, besides crypto?
It would have been helpful if you had provided some hypothetical examples of future uses. I reminded of the announcement of the Segway scooter when I think of blockchain. People are excited and touting its future relevance, but the actual applications are yet to be seen and ultimately it just seems like a cool thing that there are really no practical ways to harness. I keep reading and watching videos and it's still confusing how exactly it will and for that matter is being used. In some ways it seems like a wikipedia for contracts, which I can imagine could be a good thing, but maybe that too is too shortsighted an understanding.
You can buy and sell land in moon and mars virtually but with a decentralised contract with a value. It maybe ridiculous but it possible with Blockchain technology. You can sell the land anywhere in the world.
Hi Kevin, can you please do a video on possible new technologies besides AI, ML, DL, & BlockChain that will truly revolutionize our near future.
BTW, nice video.
So "the blockchain will scale more in the future"? getting to that conclusion didn't require a Kevin Kelly. We are huge fan of your works sir, but this video was a little disappointing.
Internet computer
He fart at 10:09?
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