Topic: Blockchain survive, cryptos die (Read 344 times)

It's true that blockchain doesn't need crypto,but crypto benefits not only rely on the blockchain there are something else that crypto offer, and crypto could be a useful thing if all countries ready to accept it, crypto won't die so easy because it is backed up by a lot of people

While it is true that cryptocurrency depends on blockchain technology, you cannot say the crypto will be completely wiped off. If you’ve been associated with the crypto industry for long, you have to understand and know that the rise and fall are a part of the process. Though the system looks unstable right now, crypto will come back up because awareness about digital currency is increasing. So, you can expect both crypto and blockchain to do well in future.

I think cryptocurrency will survive in the future. Right now many market already recognize cryptocurrency as a digital asset and soon will be traded in reputable financial market

You can block-chain any kind of transaction, hell you could publicly block-chain masturbation, and have a permanent recorded all provided by HODL-ers. Each block contains TX's of N bytes, the contents of the TX can be anything, from a digital-sig verification, to a porn link.

The only thing novel, and Satoshi said so in his 'white paper' was the notion if you had de-centralized servers with >51% participation ( WE DONT), then the transactions could be trusted ( no double spending ), but even this is a lie, because BITMAIN, one company in CHINA controls +90% of the world mining hw.

99% of the people here, don't know C++, they're not CS people, yet they go on about 'block-chain' like its something new, or novel; It's all part of the Religion of BITCOIN, where BLOCK-CHAIN is the holy-trinity that brings everything together in one happy package that even a moron can believe in.

I keep hearing that but is it really true?

Both Taleb & Friedman have both demanded "Show me one sucessful business model or utility spawned form Block-Chain", and nobody can find one.

Sure you can argue that BTC proves block-chain is successful, but doesn't prove shit.

'Block-Chain' is a religion, and people here don't have clue what it means, there is nothing novel about a linked-list, they're as old as data-structures in CS, there is nothing new about hashing, there is simply NOTHING NOVEL about Block-Chain or BTC, what wasn't known long before Satoshi released his source.

Certainly a time-stamped model of P2P, where say everybody who ever downloaded a torrent and their IP went into a block-chain, 51% verified because real de-centrailization. But the fact is the existence of such bullshit would not be by any definition a success.

In fact for other than GOVERNMENT, its not certain why anyone would want a public-blockchain, ... and for private, there are still lots of database algo's a hell of a lot better than BTC, in fact the reality is BTC doesn't even work without a database (SQL) doing the actual heavy lifting.

So I concur with you that BITCOIN is a PONZI and its value will go back to zero, but BLOCKCHAIN will also go back to the way of the dodo-bird, because it means nothing to computer science people, it only impresses high-school kids because its open-source, and quite possibly where they 'cut their teeth on C++'

Saotoshi was a MATH guy, which is why most CS people barf at his code, and especially after 1.5 where CORE turned it into a pile of spaghetti shit.

The blockchain survived but crypto died, maybe there is this possibility in the future. But now crypto is a premise of blockchain existence，if there is no crypto then there is no blockchain, so at present, the blockchain cannot be separated from crypto alone.

Many people think like you that blockchain will survive and cryptocurrency will die but I don't think like that because cryptocurrency is part of the blockchain and it is integrated with blockchain, it always exists in parallel with the blockchain , so cryptocurrency has existed until now, otherwise I think it's already dead.

Its 2014 once again, the fear that Bitcoin Will soon be wortless and bringing it UP as a form of Ponzi scam. Honestly I couldnt care less but to sit let it flow. So much ideas have sprung UP since that last crash.

maybe you are right, there are many cryptocurrencyies that start to die right now, the coin that dont have the good valie and good future will die here. and i think blockchain as the good system will take the lead on here, because all cryptocurreny use blockchain as the system

Both are of the same thing, they are new technologies and trend that people need to understand. Blockchain is a new technology for corporate and business world while crypto are new term for financial system that people want to get out of the traditional banking and financial systems. Cryptos were now exploited by fraudster and scam artist and both of them will survive but for a selected few which have a good advocates, good vision, well regulated and secured. The rest with less productivity will dissolve.

Blockchain is a technology for using to maintain the record crypto transactions. With blockchain many people can write entries into a record of informations and updated the same. But the cryptocurrencies is a product that is made for using the blockchain technology not more. On other hand blockchain is acceptable all over the world and the crypto is just waiting for approval of world community. But it does not means that crypto is  dying.

I still thank you for shooting yourself from a point of amazon which has a product to back it and more like cryptocurrency as many are now on product base like ETH , BNB, NIPXS, and many others that are now base on product driving not just a mere currency even the btc is the main pair which is use to trade and use as a form of cash which can be use to settle any bill so far the party are OK in agreement.

You clearly do not understand what you are talking about

We cannot remove cryptocurrency from blockchain and both of them are always joined together. One of them can't stand alone so why they think that blockchain will survive cryptocurrency and I guess that cryptocurrency is the product of blockchain technologies.

Because you would be paying for goods and services with fiat just like today - but the way the companies work will be much more efficient because of blockchain technology. The cost of running the systems are initially paid for by the companies. Eventually it is of course the consumer who pays, but because of the savings blockchain brings this means that the consumer in total will also see savings. Same as with the internet. The companies spend millions on their webshops, and consumers do not pay to be allowed to use the webshops, that is just part of the product price.

Blockchain without cryptocurrency or cryptos without blockchain.. Just like hamburger without bread It is impossible.. How could you use the blockchain system without a coin? If we make your system what would people take in it? If you don't offer anything like coin why would people join you? I believe that would be something nonsense..

While it's certainly true that Blockchain technology has applications that go beyond Bitcoin and decentralization has more benefits than the effects it can have in an economic environment. Simply because a technology has broader application does not mean that it's primary application will become obsolete. Bitcoin will survive, unless all of us suddenly cease usage, mining and investment. Blockchain will find other uses, but I haven't seen any implementation of Blockchain technology that is more significant than Bitcoin. Plus, it's not like Blockchain being used elsewhere means that Bitcoin can't use it; there's not a finite amount of Blockchain, certainly enough to go around.

Most cryptos will die, but not because Blockchain has other applications or use-cases; if anything further adoption of Blockchain technology will drive interest towards the cryptocurrency market.

you cant seperate them,blockchain is nothing without crypto, crypto is nothing without blockchain.and why do we need a selection like this?we must use everything which makes our life easier.

The money is with the companies of the world. These companies is facing increasing regulation from governments and will therefore not switch to crypto - instead they develop industry-wide blockchain solutions without crypto. This way the get the value of blockchain solutions without the hassle of crypto

Blockchain and internet comparison drawn by the poster is true but saying that crypto has no meaningful business concept behind it is not completely correct. I agree that blockchain has multiple uses which corporate bodies will continue to latch on it to improve their operations according to their needs. There are still cryptocurrencies that will still survive like bitcoin which has just celebrated 10 years.