11/01/19 07:00 UTC-4

Samsung NEXT technical director believes that decentralization is more important than the blockchain

Decentralization is more important than blockchain
Decentralization is more important than blockchain

Decentralization is more important than the blockchainBlockchain
is a continuous and sequential block chain of information (digital linked list). When building a blockchain, copies of related blocks are simultaneously stored on multiple computers.Details
, senior executive director of the Samsung, South Korean technology giant, said in an interview with JAX magazine.

Speaking about the future of the blockchain, Ricardo Méndez, technical director of the innovative technology division of Samsung NEXT, predicted space consolidation next year, but stressed the importance of changing centralized structures.

When asked whether he believes that decentralization is more important than the blockchain, Mendez answered: "Without questions. Blockchain is another tool that can help in a decentralized context, but the tool is always less important than the goal."

The prospect places Samsung in a slightly smaller group of technology companies that are upholding more ideological aspects of the blockchain phenomenon.

As for cryptocurrency, Mendez seems to have sought to isolate the other side of the transactionTransaction
– is a financial term that means a logically meaningful operation that can only be carried out completely. Details
method of most assets – assessing the decentralization above the blockchain.

Editor: Pereyidenko Ihor

See also: "Qtum decentralized platform injects bitcoin-atom swaps into its network"

#SamsungNEXT #blockchain #RicardoMéndez #decentralization



17/05/19 06:00 UTC-4

#DropGold Bitcoin movement is now on American TV channels

​On May 16, it was reported that the popular American TV channels, National Geographic and Fox News, will broadcast a video ad for the DropGold movement. As it became known, the project was financed by Grayscale Investments and Barry Silbert.

03/05/19 09:00 UTC-4

Vitalik Buterin: Ethereum for people!

​On May 3rd, the Ethereum cryptocurrency developer stated that Ethereum coins are intended primarily for ordinary people. According to Vitalik Buterin, cryptocurrencies should become easier and more reliable.

Hypes, funds, fiat money