Categories: Bitcoin Business

Andreas Antonopoulos Advocates For A Blockchain Technology And IOT Separation

Click here to view original web page at

Crypto enthusiasts who have invested their time and resources into everything related to cryptocurrency are always armed with information regarding the industry which they use to sensitize the rest of the community about the current happenings in the ecosystem as well as answer questions concerning the technology.

One popular example of this class of crypto supporters is the author of A Major Bitcoin Bull and Mastering Bitcoin, Andreas Antonopoulos.

How Useful Is The Blockchain In IOT?

In his most recent video, Antonopoulos provided answers to questions that have bothered many regarding the impact the blockchain technology would have on various fields when applied to them, especially in the aspect of Internet of Things (IOT) and its use for selling power.

The first question he treated was if the blockchain could serve as a solution to the problems experienced in IOT, to which he gave the following response:

“I am quite skeptical about using blockchain technology in IOT devices. The thing is I do not know what the benefits are and how it would be different from using a dedicated IOT database. What are the benefits really, I don’t know.”

The Bitcoin Bull opined that it may be possible for technologists to use a decentralized blockchain in such a way that the information contained in it remains well maintained, which of course can be changed in the future if the need should arise.

This feature is only possible because the blockchain gives users the ability to access information at any point in time without the digital ledger being compromised.

IOT And Blockchain Have No Business Being Integrated

Antonopoulos stated that for many people, the term blockchain means “a database that does digital signatures.” Soon the world may witness a new solution that came about by mashing IOT and blockchain together of which Antonopoulos insists is a wrong move.
In other news, the Bitcoin supporter recently made headlines again on the subject of unknown block versions mining of which he gave reasons as to why it is happening.

He made the revelation in response to the complaint lodged by some users who claimed to see messages that read ‘Unknown block versions being mined as possible unknown rules are in effect’ the moment a Bitcoin core node was run.

The computer scientist explained that the message came as a result of miners making use of the block version field with the block header to bring about a larger number of block hash permutations.


Illuminati, Mason, Anonymous I'll never tell. I can tell you this, global power is shifting and those who have the new intelligence are working to acquire this new force. You matter naught except to yourself, therefore prepare for the least expected and make your place in the new world order.

Disqus Comments Loading...
Published by

Recent Posts

Bitcoin Price Forecast: BTC/USD Volume Could Indicate A Breakout

Bitcoin’s daily volume spike could create a necessary condition for a breakout. Traded price ranges continue to constrict. Bitcoin’s Bullish… Read More

4 hours ago

Billionaire Tim Draper: Bitcoin Will Hit $250,000 By 2022

Billionaire venture capitalist Tim Draper told BlockTV that in the next several years, Bitcoin could reach $250,000 per coin. "$250,000… Read More

4 hours ago

Maduro Mandates Petro-Financed Public Housing Scheme in Venezuela

Embattled Venezuelan leader Nicolas Maduro looks to expand Petro adoption through a new housing initiative. | Image: REUTERS /THIRD PARTY.… Read More

4 hours ago

Malware InnfiRAT Targets Bitcoin And Crypto Wallets

The malware named InnfiRAT could be stealing bitcoins and cryptocurrency wallet information. It is usually downloaded through email attachments and… Read More

4 hours ago

Bitcoin (BTC) Interest in China Driven by Price Action News

Share Tweet Send Share Baidu search trends in 2019 show Chinese bitcoin interest being driven largely by price action news.… Read More

4 hours ago

Crypto and the Latency Arms Race: Crypto Exchanges and the HFT Crowd

Max Boonen is founder and CEO of crypto trading firm B2C2 . This post is the second in a series… Read More

4 hours ago

This website uses cookies. We use these cookies to collect data about your interaction with our website for the purpose of continuously improving your experience with our site. For more information we encourage you to read our privacy policy.

Read More