Mike Novogratz: after 15 years, the majority of databases will operate on the blockchain

Date:

2018-06-08 12:15:05

Views:

3391

Rating:

1Like 0Dislike

Share:

Mike Novogratz: after 15 years, the majority of databases will operate on the blockchain Source:

In late may, the investor and co-founder of Galaxy Digital Mike Novogratz in support of the investigation of the justice Department's manipulation of exchange rates of crypto currencies. The analyst then stated that the actions of the regulator will lead to the improvement of the market and will allow you to work on it to institutional investors.

Now the entrepreneur has predicted that by 2033, the vast majority of databases will operate on the basis of the blockchain. His words are quoted .

the

the Prospects of cryptocurrency and blockchain

According to Novogratz, 15 years later, cryptocurrency and the blockchain will drastically change the Internet — the global network will become the Internet 3.0.

unique design Satoshi? I believe that two Nobel prizes, one of which is for a breakthrough in computer science. Second — the idea of token economy in which the token is used as a stimulus for creating new communities and business ideas. These two aspects make cryptocurrency is a very powerful force.

Novogratz added that with the growing interest in the blockchain it will run slower and slower. At the same time remain sufficiently productive in order that by 2033 the technology passed all of the databases.

In conclusion, the investor said that he began to invest in digital assets six years ago, but still did not fully understand how the cryptocurrency.

Recommended

CRYPTOMACH / Maximum exchange rate of Bitcoin in the future, the output of the crypts on the map, Ycash and the Board of Finance

CRYPTOMACH / Maximum exchange rate of Bitcoin in the future, the output of the crypts on the map, Ycash and the Board of Finance

the long-awaited summer. Niche cryptocurrency supported the event and gave unusually hot week. During the last seven days, we learned about the new line of graphics cards from AMD, the mining in TON and hard forks . In addition dealt with the profita...

Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam

Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam

co-Owner Bitcoin.org and most popular forum about cryptocurrency Bitcointalk.org Cobra called Coinbase Scam Pro trading platform American crypto currency exchange Coinbase. In his tweet he wrote «if you read Coinbase Pro backwards, get the word ...

The Ethereum is a cryptocurrency Scam. A new report Chainalysis

The Ethereum is a cryptocurrency Scam. A new report Chainalysis

When people learned how to create a new cryptocurrency and began to build their infrastructure like marketplaces, in the field began to appear and fraud. According to blockchain auditor Chainalysis for the past two years, fraud in the ecosystem has s...

Comments (0)

This article has no comment, be the first!

Add comment

Related News

Trader: Bitcoin will rise to 8 thousand dollars in the near future

Trader: Bitcoin will rise to 8 thousand dollars in the near future

At the end of may analyst Dmitry Lavrov reducing Bitcoins up to 6.5 thousand dollars in the next few months. Over the past since a week, the expert changed his opinion about the prospects of the first cryptocurrencies. In conversa...

Innosilicon presented ZMaster A9 — ASIC-miner to Equihash. Compared with Antminer Z9 mini

Innosilicon presented ZMaster A9 — ASIC-miner to Equihash. Compared with Antminer Z9 mini

Innosilicon — known manufacturer of ASIC miners. The company is far from Bitmain, but its a well know model for mining Litecoin. For example, in January, appeared on the market A6 LTCMaster, which is described . Now Innosilicon pr...

TransferWise CEO: cryptocurrencies are not ready for mass use

TransferWise CEO: cryptocurrencies are not ready for mass use

TransferWise CEO Kristo Kaarmann said that cryptocurrencies are not flexible enough for mass use. He also added that if people will still be able to buy ordinary products for the crypt, it will be a great breakthrough in the world...

From the furnaces to the graphics card: foundry of aluminium goes into mining cryptocurrency

From the furnaces to the graphics card: foundry of aluminium goes into mining cryptocurrency

Former smelter of aluminium has signed a contract with the company Coinmint, reports . In a manufacturing facility plan to create one of the largest mining centers in Massena, new York. the mining cryptocurrencies instead of melti...

Hacking Operation Prowli has infected more than 40,000 computers with Monero miner

Hacking Operation Prowli has infected more than 40,000 computers with Monero miner

Recently, a team GuardiCore revealed a suspicious manipulation of the traffic and the mining of cryptocurrencies, reports . During a hacker attack has infected about 40 thousand computers in a wide variety of institutions. the Hac...

Moscow authorities have approved the idea of holding elections of the mayor on the blockchain

Moscow authorities have approved the idea of holding elections of the mayor on the blockchain

Yesterday the Deputy of the state Duma Vasily Vlasov proposed the head of the Central election Committee Ella Pamfilova to hold elections of the mayor of Moscow on the blockchain. The idea of the Deputy supported the government of...

Delta — monitor cryptocurrency portfolio as Satoshi

Delta — monitor cryptocurrency portfolio as Satoshi

investing in Bitcoin, Ethereum and other cryptocurrencies require constant attention. Because of this, we time note pump and make XS on sales. If not, then at least enjoy the diversity of the investment portfolio. To control the m...

The moon will reduce analysts predicted the price of Bitcoin 17 percent

The moon will reduce analysts predicted the price of Bitcoin 17 percent

the analyst firm Trefis have lowered their expectations about the cryptocurrency, according to . Now, experts expect $ 15 000 and 12 500 dollars per bitcoin by the end of 2018. the Forecast Bitcoin exchange rate – disappointing re...

First blood: Binance is investing in eSports

First blood: Binance is investing in eSports

One of the largest cryptocurrency exchanges will invest in eSports startup ChiliZ, reports . The company located in Malta, so this will be the first major investment Binance in this country. the New cryptocurrency for e-sports In ...

Company with wall street two years secretly traded Bitcoin

Company with wall street two years secretly traded Bitcoin

Today, wall street to Bitcoin and is considering the introduction of trading desks. It was found that one company with wall street for two years secretly engaged in trade with Bitcoin. It's called Susquehanna International Group. ...

Not all traders go to Lambach. It turns out that wealth can also be shy

Not all traders go to Lambach. It turns out that wealth can also be shy

Ordinary people know, holders of the cryptocurrency due to their overt displays of their own wealth. Near the venue of a recent conference, a Consensus was parked the Lamborghini series, and some of its members then had a great ti...

In India covered criptoportico. Fraudsters persuaded to invest even Arab Sheikh

In India covered criptoportico. Fraudsters persuaded to invest even Arab Sheikh

At the end of April, the Indian police company owners Bitmineplus who stole $ 2.6 million from 5 million investors. The scammers promised 5 percent monthly return on investment, and to attract new investors arranged receptions and...

Famous trader: Bitcoin is the worst investment during a disaster

Famous trader: Bitcoin is the worst investment during a disaster

Bitcoin is often referred to as digital gold, but Jim Chanos does not consider cryptocurrencies to be a reliable asset. Analyst and trader would refuse owning Bitcoin in the case of the global financial Apocalypse, reports . the B...

Ripple CEO: Bitcoin will not be the only world currency

Ripple CEO: Bitcoin will not be the only world currency

Yesterday, the CEO of Ripple brad Garlinghouse said that Bitcoin will not become a world currency in the future. Now the entrepreneur has compared the ability of XRP with the main cryptocurrency. It is reported . the Bitcoin won't...

IMF: Bitcoin could reduce the demand for conventional money

IMF: Bitcoin could reduce the demand for conventional money

this month, the international monetary Fund has published a report on the cryptocurrency. The document lists possible ways to replace Fiat money, digital assets, reports . The IMF concludes that in the future the crypt can signifi...

In the state Duma proposed to hold elections of the mayor of Moscow on the blockchain

In the state Duma proposed to hold elections of the mayor of Moscow on the blockchain

At the end of March the head of the Central electoral Committee Ella Pamfilova about the intention to hold the next elections according to the system based on the blockchain. She said that the creation of such a system is her pers...

Russian cryptomeria. In Kalinovo, farmers abandon the ruble in favor of the cryptocurrency

Russian cryptomeria. In Kalinovo, farmers abandon the ruble in favor of the cryptocurrency

Real cryptanalyse occurs even in the Russian province — farmers from the village of Kalinovo massively buying local cryptocurrency. Colin the coin here is used for internal calculations between villagers, he said . the Cryptocurre...

CEO Nasdaq: cryptocurrency is now at its peak

CEO Nasdaq: cryptocurrency is now at its peak

General Director adena Friedman, Nasdaq is confident that crypto-currencies are at the top of its popularity. According to her, in a short time the crypt will be an integral part of the Internet reports . the the popularity of the...

The Belgian government has warned citizens about the risks of cryptocurrencies

The Belgian government has warned citizens about the risks of cryptocurrencies

In may, the Commission on securities and exchange Commission (SEC) website fake ICO. The project aims to teach investors to distinguish the present initial placement of tokens from fraudulent. Now the example of American colleague...

Vietnam has banned the importation of equipment for mining

Vietnam has banned the importation of equipment for mining

At the end of last year, the Central Bank of Vietnam, the turnover of the digital money in the country. For sharing, trading or other operations with cryptocurrency citizens threatened with fines. Now the government has taken the ...