Can Blockchain Survive Without Bitcoin - page 19.

witchscarlet

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Quote from: mastery.jimmy on June 18, 2018, 09:52:38 PM

It could be, but if the bitcoin is gone it will probably lower the person using the blockchain. It has many usage like in a simple transactions that until today it is still exists because of adoptions.

For me,its a Yes.Blockchain is a digitized,decentralized,and a public ledger of all cryptocurrencies,so meaning even without bitcoin it will survive because people can choose any of the other cryptocurrencies.But for now it is not happening.

pragna

full member

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What a surprising question !!!!. Why block chain not survive without BTC. For BTC, block chain technology needed but for Block chain, btc is not needed. Block chain technology is unique. Beside btc, block chain technology is using in many sectors in modern world still where need not btc yet.

acheampong64

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Well if you're referring to only Bitcoin and not other cryptocurrencies then I'll say partially yes. Partially because every ICO has its own coin and most are run on the Ethereum network. The other part being that Bitcoin controls the crypto market and so we can never do away with BTC.

staradvincula

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Yes, it will. The invention of blockchain technology is actually implemented for the use of the entire cryptocurrency. It so happened that bitcoin was the first digital currency where blockchain was tested. In case that bitcoin disappear, there are lots of popular and with potential coins still existed. And as far as I know, as long as there is an internet and right implementation, this technology are still efficient in so many cases.

Df9898

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blockchain can survive without bitcoin , But the value of blockchain will decrease.

Jihuny23

jr. member

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Yeah, blockchain can survive without bitcoin. But bitcoin can not survive without blockchain. Blockchain is like the heart of a human who gives life and forms a circulatory chain to circulate the juice of food. Bitcoin without blockchain is nothing. Proof blockchain can survive without bitcoin is, blockchain can be used in any crypto currency platform. Blockchain can be applied in ethereum, ripple, and other crypto currencies. Blockchain also can be applied to many projects in helping real life. It’s a bit of my opinion.

IndigoRed

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Quote from: ?? on ??

Blockchain is much more than just the technology behind Bitcoin. Blockchain is a paradigm shift in the technology layers of the world that we live in. There are many use cases or applications of Blockchain in real world.

Absolutely. Companies like Walmart, FedEx and British Airways have already begun exploring the benefits of blockchain. Some are even looking into merging it with environmental technologies. Blockchain will be the foundation of may businesses and can power a future that will be highly digital.

mastery.jimmy

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It could be, but if the bitcoin is gone it will probably lower the person using the blockchain. It has many usage like in a simple transactions that until today it is still exists because of adoptions.

franciscoDC

member

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For me its depends on situation on how they can stand without foundation of bitcoin,because i`ve seems that every token/altcoins was depending only in the price of bitcoin.

ABYOO

newbie

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Yes. But not yet.

Until now, we have to buy bitcoin for their purchasing some block chains.

I think we can buy it without bitcoin in the future, but it will not be easy.

cryptolandlords

newbie

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well it will but is just like a fish living inside water after some while you trow the fish out of water, even if blockchain survive it will still need bitcoin in some aspect.

bishnoi

newbie

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yes it will but there is a best way to survive of blockchain is bitcoin bitcoin helps to provide good blockchain and provide a way for blockchain

coconutter

member

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Of course that it can not, and i am more than sure in that all the altcoins that are on the market are goign to suffer a lot of bitcoin dissappears, because the King would be gone.

@oweljayr

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It can survive even with out bitcoin but I don't think bitcoin will totally disappear. Now, bitcoin dominates all cryptocurrencies but time will come that other kinds will rise up and dominates the others. All going to survive even with out the others if ever.

gvnsrbtc

sr. member

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Yes, of course it will because it works; it improves products/services and for the better. It was Bitcoin that was the first use of blockchain technology, it's based upon it, but it certainly won't be the last. We have to remember that these are early days for blockchain and I think some people have compared it to first inventions such as the telephone.

Gummybear67

full member

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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?

Yes though bitcoin really plays a big role for Blockchain, blockchain will remain standing and succeeding. Bitcoin is just one of the parts of blockchain and for sure blockchain technology has a very wide range of transactions that can always discover for a better coin.

muhammedb

full member

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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?

For sure bkockchain will survive without bitcoin, I think is bitcoin that need blockchain to survive because without the help of bitcoin transaction will be at stack..

cetald

member

Activity: 434

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Of course, the blockchain will live without bitcoin. Bitcoin, as the most popular cryptocurrency, played an important role in popularizing the blockchain. But blockchain is a technology that can do much more than create cryptocurrencies. The blockchain will change the whole world.

AKasOO

newbie

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The block chain may not be known much without bitcoin but since there is altcoin it may, depending on how this coin is promoted or used, in other ways as bitcoin survival depends on the continued progress of the blockchain and the reason is simple. Although many comments and the state has opposed bitcoin, which has been set or completely banned.

Earthwood

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Quote from: bitfocus on June 16, 2018, 07:29:46 AM

Bitcoin can not survive without the Blockchain, actually.

Blockchain can process all kinds of digital coins or cryptocurrencies, so it will survive with or without the existence of Bitcoin. But of course, the first application of blockchain is intended before for bitcoin only. So Blockchain existed because of bitcoin.

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