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Artem Andreevich2018-10-12 19:26:15
Cryptocurrency
Artem Andreevich, 2018-10-12 19:26:15

What is the fundamental difference between the 3rd and 4th generation blockchain?

The network has often come across references to the next improvement of blockchain technology, in particular, some projects are already talking about the 4th generation blockchain. Is there more detailed information?

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Chaise Longue, 2018-10-12
@double_a

The fundamental difference between the 3rd and 4th generation blockchains lies in their technical characteristics and the impact that the 4th generation blockchain can have on our society - ensuring equal rights and opportunities for the parties in conducting business operations and business cooperation, openness and the availability of all processes and the necessary information, the transparency of the movement of funds.
Blockchain of the 4th generation is the development of large-scale industrial applications that are capable of simultaneously managing many processes, storing and processing huge amounts of data and ensuring their logical interconnection and consistency.
On the issue - blockchain and real business - look towards the AERGO open platform
The platform is being developed by the well-known company BLOCKO, whose partners are: Amazon, Microsoft, IBM, Cisco, Samsung, LG, Hyundai.

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Dimonchik, 2018-10-12
@dimonchik2013

everything is nonsense, there are no generations, there is only a consensus algorithm
and their two classes:
either difficult to fake - Proof of Work first of all, well, some others
or fast, but, alas, controlled, such as Byzantine generals

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