Ethereum : Private ethereum blockchain networks

Ethereum update: Private ethereum blockchain networks

Hello, I’ve just discovered this incredible world about blockchain and ethereum, coding some smart contracts and reading all as posible to learn how this tech works.

Recently, I figured out that the IT Business are joining to this world, implementing different systems in their businesses which use blockchain to reach some goals that I can’t imagine very well. I think market want to create their own private blockchain networks and “send” to their customers (for example clients from a bank) that they are implementing something that belongs to everyone when actually they are controlling all the net.

So my question, or my consideration, about this is what the future has for us, and specifically for programmers and IT sector.

We are going to code private networks with ethereum? We are going to send to our clients a solid and real blockchain net? Or just going to code, and use a private blockchain network, doing the validation process (earning 0 rewards) and be the system puppets?

What do you think? Could you give me some different point of view?

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About Ethereum

Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third-party interference.

Author: Mr_Greyman

Score: 4

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