Can Blockchain Survive Without Bitcoin - page 11.

Bitcoinnumberone

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Quote from: KuyaBreezy on February 18, 2018, 11:49:10 PM

Blockchain Technology was driven to fame by its application on Bitcoin Gold due to its encryption that has been considered hacker proof. Bitcoin has been used as a reference to its success, providing a secure network for users.

The question however is, can blockchain succeed without bitcoin?

I think blockchain can survive without bitcoin, Why because blockchain build to any app can transact to other cryptos. We know that BTC can affect blockchain if they have no support or downfall of bitcoin but blockchain indeed can survive without bitcoin thats i knew about it.

nazarovv

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it is true that bitcoin has affected the progress of blockchain but even if the bitcoin fails in the future, blockchain will still be here.

kenellis2017

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Quote from: KuyaBreezy on February 18, 2018, 11:49:10 PM

Blockchain Technology was driven to fame by its application on Bitcoin Gold due to its encryption that has been considered hacker proof. Bitcoin has been used as a reference to its success, providing a secure network for users.

The question however is, can blockchain succeed without bitcoin?

My opinon, it can. Bitcoin is decentralized and does not affect other blockchain projects. Perhaps one day bitcoin will be a thing of the past but technology will remain.

ZAYANDI

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Yes, of course. Bitcoin has played an important role to make Blockchain run and put it in place as now. Bchlockchain has many potential and unlimited uses for securing Bitcoin, so it will survive even without Bitcoin.

RyhaniFoyej

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I think Blockchain can't survive without Bitcoin.
The Bitcoin and the Blockchain system is closely related with each other. We all know that Bitcoin is a digital currency. Another the Blockchain technology is a kind of wallet by which people can transfer Bitcoin from one part to another in the world. As Blockchain is used for Bitcoin transaction for this reason I'm sure that Blockchain can't survive without the Bitcoin.

gvnsrbtc

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Block chain technology is the main foundation of bitcoins and it was developed by the same developer of bitcoins making the cryptography network safer and secure. Bitcoins and block chain are interlinked and it cannot be separated as all the transactions are recorded in the public ledger called the block
chain system. Block chain is like a data base management system of bitcoin technology which contains all the bitcoin transaction records all over the world.

alexs_03

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Blockchain would make due without BTC. In any case, I don't figure it would be as gigantic a wonder in that situation. The BTC publicity is likely the greatest driving variable that got blockchain embraced as a pretty much standard apparatus,this is good blockchain! Grin

nethan1btc

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On my opinion it's definitely yes, blockchain can survive without bitcoin since it was created designed to process the different transactions throughout the world even it's a bitcoin or not. Thus it can survive without bitcoin but for me bitcoin will never dead at all since it is the dominant crypto currency of all time and I believe it will still exist in the blockchain technology and to survive even how downfall the bitcoin has

NevejElad

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Maybe it can survive without bitcoin, the thing is , this blockchain technology, is to serve the purpose of every platform of every ICO projects so this blockchain is been used with collaboration of cryptos , so I think tbe purpose of blockchain is to facilitate the transavtion of every cryptos in the digital world, so I think vitcoin and blockchain must go together for a harmonious flow of technology.

rob143

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That is a difficult question and i am more than sure in that there arent many people in here who will be able to reply this. But, of course not.

Sergio444

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One thing the must be clear is that the technology itself is the blockchain technology. It is based on this that bitcoin exist. I think blockchain is not existing because of bitcoin. If bitcoin dies, of which it wont tho, blockchain will still exist because this technology has so many potentials other that creating a mere coin.

jirene21

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Quote from: KuyaBreezy on February 18, 2018, 11:49:10 PM

Blockchain Technology was driven to fame by its application on Bitcoin Gold due to its encryption that has been considered hacker proof. Bitcoin has been used as a reference to its success, providing a secure network for users.

The question however is, can blockchain succeed without bitcoin?

Definitely yes, every cryptocurrency are independent to each other but if bitcoin is being gone then I think all cryptos can be decreased but in a small portion, because bitcoin is sometimes used as a basis in other cryptos.

thecoder2017

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Yes blockchain still survive without bitcoin because there are so many coins in the market that are valuable and has the potential to become popular and maybe it will succeed in the future.

Emilyp

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It will succeed but it won't come easy, many people are confident in blockchain because of its application in bitcoin so taking bitcoin out of the equation will result in a lot of uncertainties about trust.

dragon491994

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I think it always needs to go parallel.

Haiishdh

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I think it could be blockchain technology struggling without bitcoin. Because blockchain technology is created for all digital currencies, not just bitcoins.

gamersarap

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I think of course, blockchain can survive without bitcoin, but on the other hand, bitcoin can not survive without blockchain because blockchain technology allows bitcoin and other cryptocurrencies to record transactions in a ledger like formats that can be accessed by anyone and anywhere as long as there is Internet connection.

pammakenny

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Technically, yes, there are many implementations of blockchains that do not use bitcoin. But it really depends on what you define as success and who you ask.

entrepmind23

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Quote from: budi691 on June 29, 2018, 04:54:15 AM

I think Bitcoin and Blockchain have been created together, although several platforms have used Blockchain, and from all the synergies with Blockchain, Bitcoin is the most successful.

Blockchain technology is the backbone of bitcoin and it is how the technology was introduced to the world. One usage of blockchain technology is cryptocurrency and there are other things that blockchain is applicable while cryptocurrency needs blockchain technology because it is where it is base from so in other words blockhain technology can exist without cryptocurrency while cryptocurrency cannot exist without blockchain technology so blockchain can survive without bitcoin.

Quote from: Crypto11021 on June 29, 2018, 04:44:37 AM

Absolutely yes, Bitcoin is just one of the numerous applications on blockchain technology, the fall of bitcoin will never affect blockchain techs as it's the future technology.

That's right. Even if bitcoin falls, the technology is there and there are already many innovations that has been made that would improve the performance of bitcoin. There are first generation, second generation, and third generation cryptocurrencies.

budi691

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I think Bitcoin and Blockchain have been created together, although several platforms have used Blockchain, and from all the synergies with Blockchain, Bitcoin is the most successful.

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