Decentralization has been increasing in recent years, but what do you think about crypto, tokens and blockchain? Have well-known cryptocurrencies like Bitcoin and Ethereum come to stay and will new technologies rely even more on the consensus process in the future? What do you think?
Table of contents
- 1 areas of application on the blockchain
- Cryptocurrencies are located in focus
- Are you interested in coins?
- Participation is expressly desired
- The last fifteen Sunday questions
The topic of decentralization via the blockchain, a continuously expandable list of data sets in individual blocks, is diverse and not limited to the cryptocurrency sub-area. Nevertheless, it is the digital “key currencies” Bitcoin and Ethereum in particular that are in focus and are also criticized by players due to the unwelcome mining, which “devours” countless graphics cards. But how do you feel about this very contentious topic in general?
How do you feel about “decentralization and blockchain”?
- Positive, I'm really interested in the topic
- Negative, I'm not interested in the topic at all
- Neutral, I am at least open to the topic
- Abstain (show result)
Please log in to vote!
The topic of “decentralization and blockchain” also branches out into many sub-areas and, in addition to the capital markets, can also be used, for example, for auditing, the recording of security-critical operations in information technology, e.g. in software processes.
Two different consensus methods are usually used for this:
- Proof of Work (PoW)
- The Proof of Work represents proof of work, for example the solution of a mathematical problem. The result can be checked without great effort.
- This procedure limits the excessive creation of a new block by doing arithmetic work must.
- Proof of Stake (PoS)
- The Proof of Stake represents proof of the share in the network. The share of each participant is determined from duration and/or wealth and is included in a weighted random selection.
- A deterministic algorithm selects the node from this number , which adds a new block.
In rarer cases, the consensus methods Proof of Burn (PoB) or Proof are also used of Activity (PoA).
A blockchain and the various application examples based on it all use the chaining principle, a chained sequence of data blocks that are updated over time and stored decentrally as a distributed register.
The Various consensus mechanisms are intended to ensure security against manipulation, transparency and confidentiality as well as non-repudiation guaranteed by their digital signatures.
Application areas on the blockchain
< p class="p text-width">The decentralized and shared documentation of food supply chains, where blockchain technology can lead to significant cost and time savings, and the signing of digital goods and art by so-called Non-Fungible Tokens (NFT), i.e. a cryptographically unique, indivisible, irreplaceable and verifiable token, is another use case for the decentralized “blockchain”.
The Fraunhofer Institute for Applied Information Technology (FIT) has published a very interesting and comprehensive white paper (PDF) on the subject of “Blockchain: Basics, Applications and Potential”.
The The editorial team is looking forward to finding out which areas of decentralization via the blockchain are of particular interest to you, details in the comments are particularly welcome.
Which areas of decentralization are you interested in?
- Blockchain
- Cryptocurrency
- Non-Fungible Token
- Identity Management
- Supply Chain Management
- Donations for NGOs and non-profit organizations
- Smart Contracts and digital rights management
- Customer and Compliance Management
- Other areas
- Abstention (show result)
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Crypto-currencies are in focus
But the greatest media interest continues to be in cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Cardano (ADA) and the Dodgecoin (DOGE), which was not least fueled by Elon Musk, as well as the art, barter and collector's items signed by NFT.
What do the ComputerBase readers think about this topic? Are you invested in cryptocurrencies yourself or do you reject this type of speculation for a variety of reasons?
Detailed explanations are also expressly desired in the forum.
Have you invested in one or more cryptocurrencies yourself?
- Yes, I have invested in cryptocurrencies
- No, I have not invested in cryptocurrencies
- Abstain (Show result)
Please log in to vote!
From the established digital “key currencies” Bitcoin and Ethereum to “hypes” such as Doge and Shiba Inu to small coins and tokens, which are often considered “insider tips” for “quick money”, the selection of cryptocurrencies is now unmanageable, the website CoinMarketCap, which specializes in prices and market capitalization, now lists more than 10,000 assets.
Are you interested in coins?
Which coins does the ComputerBase community have in mind and in which cryptocurrency have the readers from the forum perhaps already invested?
Which coin is particularly interesting for you?
- Bitcoin (BTC)
- Litecoin (LTC)
- Ethereum (ETH)
- Dodgecoin (DOGE)
- Shiba Inu (SHIB)
- Polkadot (POL)
- Cardano (ADA)
- Monero (XMR)
- Solana (SOL)
- Ripple (XRP)
- Tron (TRX)
- Other
- Abstain (Show result)
Please log in to vote!
Participation is expressly desired
The editors would appreciate well-founded and detailed reasons for your decisions in the comments on the current Sunday question.
Readers who have not yet participated in the last Sunday Questions are welcome to do so. Exciting discussions are still going on in the ComputerBase forum, especially on the last surveys.
The last fifteen Sunday-questions
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You have ideas for an interesting Sunday question? The editors are always happy to receive suggestions and submissions.
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