Bitcoin was created with security in mind. The Blockchain is Bitcoin's public ledger that records every transaction in the Bitcoin economy.
Perianne Boring
MindSecurityEconomyBlockchain
With private chains, you can have a completely known universe of transaction processors. That appeals to financial institutions that are wary of the bitcoin blockchain.
Blythe Masters
FinancialUniverseYouBlockchain
There is definitely a lot of banks that are interested in private blockchains. In some cases, they are happy with public blockchains as well. The opposition to just doing things on a public blockchain is definitely smaller than some of the strongest detractors think.
Vitalik Buterin
HappyThinkDoingBlockchainThings
The virtues of the blockchain is that it would be that it's peer-to-peer settlement - no centralized settlement, no manipulation... And most importantly, there's nothing to capture. It's consensus based. It's stateless.
Patrick M. Byrne
NothingCaptureBlockchainConsensus
The Internet is programmable information. The blockchain is programmable scarcity.
Balaji Srinivasan
InternetInformationBlockchain
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.
Chris Larsen
FinancialYearBlockchainExperiment
The old question 'Is it in the database?' will be replaced by 'Is it on the blockchain?'
William Mougayar
WillQuestionOldBlockchain
The blockchain is custom-made for decentralizing trust and exchanging assets without central intermediaries. With the decentralization of trust, we will be able to exchange anything we own and challenge existing trusted authorities and custodians that typically held the keys to accessing our assets or verifying their authenticity.
ChallengeTrustWillBlockchainOwn
Blockchain assets derive value from their usefulness. Bitcoin has value because people value the payment network. BTC is required to use the network, so people demand it. If Bitcoin continues to be useful, it will continue to have value.
Nick Tomaino
ValuePeopleWillBlockchainPayment
We all want a non-fragmented solution, but the utopian version of a single blockchain to rule them all is undesirable and impractical.
SolutionWantBlockchainSingleRule
Over the next decade, there will be disruption as significant as the Internet was for publishing, where blockchain is going to disrupt dozens of industries, one being capital markets and Wall Street.
InternetWallStreetWillBlockchain
When decentralized blockchain protocols start displacing the centralized web services that dominate the current Internet, we'll start to see real internet-based sovereignty. The future Internet will be decentralized.
Olaf Carlson-Wee
FutureStartInternetBlockchainSee
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.
Barry Silbert
FinancialMoreBlockchainExcited
Solve a real problem. If the blockchain is the best tool, then use it. But never force it. Too many founders love the blockchain and then search for a problem to stick it.
Brayton Williams
LoveBestSearchProblemBlockchain
The blockchain symbolizes a shift in power from the centers to the edges of the networks.
PowerBlockchainShiftNetworks
The world is preoccupied with dissecting, analyzing and prognosticating on the blockchain's future; technologists, entrepreneurs, and enterprises are wondering if it is to be considered vitamin or poison.
FutureWorldBlockchainPoison
Everything will be tokenized and connected by a blockchain one day.
Fred Ehrsam
DayConnectedOne DayBlockchain
Whereas most technologies tend to automate workers on the periphery doing menial tasks, blockchains automate away the center. Instead of putting the taxi driver out of a job, blockchain puts Uber out of a job and lets the taxi drivers work with the customer directly.
WorkJobDoingCustomerBlockchain
Right now, you've got three days between a trade and a settlement, with hundreds of millions in settlement risk tied up in that time. That all goes away in a blockchain system because you've reunited the trade with the settlement. They're not two separate processes.
TimeYouNowThreeRightBlockchain
It doesn't always make sense to have a token on the blockchain that is both useful and represents ownership - it has to be something where there's a network effect. That's why I cite Facebook as an example of what could be disrupted more so than, say, Amazon - which is bit more centralized and is not exactly a network of users in the same way.
OwnershipSayWhyWayBlockchain
That's a term that I really like - 'permissionless innovation' - because anybody who has an idea and has a solution can tap into or can leverage the Bitcoin blockchain.
InnovationSolutionBlockchainIdea
Pretty uniformly, people want the benefits of bitcoin and the blockchain - near-instant transfers, globally available on any Internet-connected device, highly secure, and nearly-free value transfers.
Jeremy Allaire
ValuePeopleWantBlockchainPretty
As I was looking around, to me, what was happening in the blockchain and crypto world was a movement.
Brad Garlinghouse
MeWorldLookingBlockchainMovement
The blockchain cannot be described just as a revolution. It is a tsunami-like phenomenon, slowly advancing and gradually enveloping everything along its way by the force of its progression.
RevolutionWayBlockchainEverything
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