The etherium will be identical to the VISA in just a few years from now

in #crypto-news7 years ago

Vitalek Puterin, the thinking mind behind etherium, believes that what Ravicant said in the so-called "brain virus" is the true future of security and the economy with appropriate incentives. Where etherium can replace things like credit card networks and even game servers.

           

         Butrein separated the world into two types of people. He said:

"There is the average person who has already heard of the protein and there is the average person who has not yet heard of it. "His own project was built on this concept by adding more benefit to the blockchain, thus creating something that everyone wants to hear about. He added:
"Atheerium basically comes from the idea of an encoded economy and the kinds of economic incentives that make things like bitquin go towards creating decentralized networks with memory for a whole range of applications. " the application of good blockchain, needs to be decentralized and the type of shared memory" This is what he hopes will happen, and what he hopes others will build on the etherium network.


At present the network is very slow for most mainstream applications. "Bitcoin handles about 3 deals per second. Atheromium processes five deals per second. So it will take a few years for the blockchain  to replace the visa. "


Puterin does not believe that everything should work on the blockchain, but there are many things that can. With the expansion of this technology, it can grow to replace many services requiring parallelization - programs that must be run at the same time. You can also run StarCraft on the blockchain as these kinds of things are possible. The high level of security allows all these different things to be built at the top. The etherium is a secure base layer that does not have many features. "Encryption is an incentive at different levels. You can not think of the security of the proxy protocols blockchains without incentives. "

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