The Future: Blockchains, Decentralization, And Keeping Up With The Times (With A Little Bit About Steemit Recently Migrating From A Halliburton To An Amazon Internet Service Provider).steemCreated with Sketch.

in #blockchain7 years ago (edited)

I have said before
the blockchain and a decentralized web
(& it's technologies)
are the wave of the future
...



VIDEO SOURCE: Dan Larimer Channel on YouTube

The potential and possibilities are amazing, and will make it difficult to completely erase anything off of the Internet (just think about p2p torrent files, so long as enough individuals choose to keep the file accessible somewhere it will always be available to everyone - these new blockchain concepts are like p2p on steroids, with governments' blessings and support***).

To be sure it is an interesting experiment. Though for the time being it seems a double edged sword in many respects. One being it can be quite complicated and difficult to understand for most. And though fairly secure and "anonymous" to use, it holds it's own inherent dangers. Bad links can still be passed through a blockchain UI, the user can still compromise their own security through their own actions. And everything is public on public blockchains (though a user interface may choose to let their users limit privacy, the blockchain access would remain public for anyone to inspect and use within their possibilities). So if a user chooses to put content on the blockchain it is there "forever" for anyone to see or use as they see fit.


IMAGE SOURCE: slideshare website



And then there are always the confusions and problems that come along with monetizing and publicly offering anything, when inviting others to invest while producing more cryptocurrency at the same time (the math is/must be mind-boggling). One must individually judge each blockchain (and it's cryptocurrency) based on it's performance - judging if you are witnessing cycles of "bubbles"...

IMAGE SOURCE: coinmarketcap website

... Or a solid market.

IMAGE SOURCE: coinmarketcap website



To top things off, unfortunately it seems if we want to make any money by designing our own blockchain with supporting currency we would already have to be fairly well-off (and tech-savvy, with a splash of lucky).

I mean, let's face it; we're not going to build a blockchain and a user interface on a couple of Raspberry Pi with a residential internet connection and then expect to see any success and profit....



So why am I supporting the beginning of any potential Technocracy based on a Financial Oligarchy in the first place ?!!?

LULZ?
No lulz, just because it's happening all around me doesn't mean I have to blindly accept it, yet it does mean I have to find a way to successfully thrive within it. And as with any tool, whether it has good or bad intention relies entirely on those who control it.



I still find it quite odd the steemit website, being hosted by GoDaddy, was being run through a Halliburton Internet Service Provider in Texas for the longest time.


IMAGE SOURCE: Screenshot from websiteoutlook 3 days ago (supported with a "whois" lookup, neglected to screenshot the terminal).

Yet has since been migrated to an Amazon Internet Service Provider in Virginia. Perhaps this is why some of us have been experiencing issues when using steemit.com, steemd.com, steemnow.com, busy.org and the like recently?


IMAGE SOURCE: Screenshot from websiteoutlook 3 minutes ago.



No matter how we look at it or choose to think about it, the blockchain and it's technologies are here to stay & evolve. And it may be better to figure it out & evolve with it now rather than be lost & left behind later.



If you like this article and care to support this writer/content creator, please give an upvote to, make a comment in, and/or resteem the posts you like.




Thank You!



*** DISCLAIMER: In no way am I implying Steem Inc, Steem, or Steemit were funded with government finances, knowledge, or blessings/support. In trying to see exactly where the money came from to fund such a huge project I found little to no answers beyond the names of the founders (just there names, not where the finances actually came from). It is entirely in the realm of possibility the founders financed the whole thing with their own savings or the in-depth information is out there yet just not found.


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