Quotes About Blockchain

Cryptocurrencies (bitcoin, Zcash, Monero, and Dash) Protocol tokens (ether, ICON, Aion, COSMOS, NEO) Utility tokens (Golem, BAT, Spank) Securities tokens (cryptoequities, cryptobonds) Natural asset tokens Crypto collectibles (CryptoKitties, Rare Pepe) Crypto fiat currencies and stablecoins (Fedcoin proposal, Singapore's Project Ubin, MakerDAO) We

Ripple Labs CEO

Bitcoin or other digital currency isn't saved in a file somewhere; it's represented by transactions recorded in a blockchain—kind of like a global spreadsheet or ledger, which leverages the resources of a large peer-to-peer bitcoin network to verify and approve each bitcoin transaction.

This has never happened before—trusted transactions directly between two or more parties, authenticated by mass collaboration and powered by collective self-interests, rather than by large corporations motivated by profit. It

Every ten minutes, like the heartbeat of the bitcoin network, all the transactions conducted are verified, cleared, and stored in a block which is linked to the preceding block, thereby creating a chain. Each block must refer to the preceding block to be valid.

Few incumbents will succeed in deploying blockchain applications to enable new business models. The innovator's dilemma will prevail. Even if they aspire to, they must first get their feet wet within their business boundaries.

Whatever happens to bitcoin, other cryptocurrencies are gaining ground and more respect. Ethereum, for instance, has far more transparency.

In 2017, people have realized there isn't going to be one crypto to rule them all. You're seeing vertical solutions where XRP is focused on payment problems, Ethereum is focused on smart contracts, and increasingly, bitcoin is a store of value. Those aren't competitive. In fact, I want bitcoin and Ethereum to be successful.

Scalability is this idea of coming up with a blockchain that can scale much larger than existing chains essentially by processing transactions in parallel. And moving away from this paradigm where every single node on the network has to process every single transaction.

We are very excited about the use of blockchain, whether it's Bitcoin or not, but we are as enthusiastic as ever about Bitcoin as a global currency and, really more importantly, Bitcoin as a global financial rail.

While it may seem scarier in the earlier days, I think ultimately the blockchain creates a safer world.

I like blockchain, I like cooking food and slow roasting a prime rib for Thanksgiving, and whatever else that you might find awkward or weird or whatever, then I'm me.

Before I went to prison, there were not really many blockchain products. It was only bitcoin.

Most 'digital currencies' are not really digital currencies at all.

Digital currency is now a misnomer for Bitcoin. It can be used as currency, but it can be used for many things.

Big companies do not want to disrupt themselves. All they want to do is improve themselves. They see the blockchain as another IT project. It's going to save money; it's going improve a process here and there. It's not going to change their business.

The technical side of Ethereum's efficacy is 100% an engineering exercise.

2016 has proven to be the year where the most forward-thinking financial institutions are actually using blockchain technologies for payments and settlement rather than as an experiment.

There are a lot of really fabulous things that get done with digital assets and blockchain technologies to reduce friction, to reduce costs, and enable things that weren't possible before.

Cryptocurrencies are just one example of decentralized technologies.

I love this stuff - bitcoin, ethereum, blockchain technology - and what the future holds.

I have no problem with the financial industry inviting the Trojan Horse of blockchain technology into their walled garden. Because I know how powerful the technology is.

Blockchain's a very interesting technology that will have some very profound applications for society over the years to come.

You just can't bifurcate bitcoin currency from the technology. Bitcoin will always need a monetary base.