Topic: Can Blockchain Survive Without Bitcoin - page 37. (Read 3798 times)

I'm sure it will still work without bitcoin, because blockchain is one of the safest technologies for storing data of its users so lately there are many in the world of banking that adopt blockchain to store its customers data

Yes Block chain can survive without Bitcoin, Block chain is just an open ledger that account for the transactions that has taken place. It doesn't in anyway fully depend on BTC, Bitcoin only introduced to the world, There are lots of blockchain applications that are being developed out here currently, the medical field is adopting Block chain for its records, The banking sector for its transactions among others.These two arent attached at all, and dont be surprised if Block chain becomes a success more than BTC

yes ofcourse, it has other features that can operate on it aside from bitcoin in as much as bitcoin has help the blockchains technology to gain popularity that has lead it users to discover other function of the blockchain.

Definitely yes. Blockchain is the basis of all the crypto currency. Rather, the crypto currency will not survive without a blockchain.

The BTC was and continues to be the main advertising medium for blockchain technology, but the blockchain has become something very large and does not need bitcoin to propagate

I think  Bitcoin is  strong .It is the first cryptocurrency and stand still until now. Of course there are a lot of altcoins right now but BTC is the leader of the market and its lose will be a big problem for cryptocurrenciies

So it means that blockchain isn't really related to any cryptocurrency. But considering the thing that is happening now, it's like the dependency of blockchain towards cryptocurrency is just too much. I don't know but maybe anyone else here could help me to mention the blochchain technology that isn't related to cryptocurrency. Thank you.

wrong question - the right question is, can Bitcoin survive without the Blockchain and the answer is NO.

Although bitcoin did a lot of promotion for the achievement right now, blockchain will still exist and thrive even without bitcoin in the first place, its more like a car will still exist even without any advertisement to promote it as long as the car serve a purpose for the mass.

Blockchain is an innovation and Bitcoin is a coin. Blockchain can run a boundless assortment of such coins like Bitcoin. All coins in the crypto showcase depend on blockchain innovation. What's more, what is the principle is that blockchain can run coins, as well as any sort of value-based information.

Blockchain technology is the main core of bitcoin and that is the reason why a lot of people believed in bitcoin because of its technology so I think it can survive without the name of bitcoin, banks even want to use blockchain to improve their service to people this means that bitcoin’s technology is a success and that will lead the price of bitcoin to soar.

Yeah, why not? For now, we have so much new coins with their own blockchains, with their own platforms. Cryptocurrency world is not depend on Bitcoin.

 Blockchain is a new type of database that can be used and maintained without a central administrator. Blockchain has many potential uses and it is not limited to securing Bitcoin, therefore it will survive even without Bitcoin. It is just that most developers focus on using it for creating new cryptocurrency that is why some people think blockchain can only be used in cryptocurrency, which is not true. It can be used in securing different kinds of data. One typical example of its uses is; it can be used for the better election of new country officials, in this case when blockchain is used in the voting system, it will be more secured and blockchain technology can prevent data from being edited or from any change because all stored data are permanent .......

Blockchain is blockchain. It will remain as it is. It will survive with crypto currencies. Bitcoin just happen to be the most famous and successful online money. If there is no Bitcoins, blockchain will find another coin and stay famous. Blockchain is the future, with or without Bitcoins.

Bitcoins are just a pawn for blockchain technology. Blockchain is just practically the king and the rest of the cryptocurrency is pawns. The blockchain will survive even without bitcoins. There are far many cryptocurrencies out there capable of movement and transfer.

No, I don't think blockchain will survive without bitcoin, Here are the reasons for Michael Casey- Chairman Advisory Brd of CoinDesk. Ex-WSJ columnist and author of "The Truth Machine: The Blockchain and The Future of Everything" is coming out later this month. You can watch the video for the whole interview here: https://twitter.com/JenSaidIt/status/961728115767586816

Originally, the blockchain is a new type of database that can be used and maintained without a central administrator.

Unlike a traditional, relational database, the blockchain is administered through a consensus protocol. Therefore, whenever the word “blockchain” is used, we should ask which “blockchain” is in question, i.e what is the protocol ruling said blockchain.

The original Bitcoin blockchain that lives on the global Bitcoin network has proven to be an effective and reliable tool over a period of more than seven years with a 99.99% availabililty.

The properties of the original Bitcoin blockchain can be altered, often deteriorated, by any seemingly inocuous deviation from the original Bitcoin protocol.

For instance, Ethereum deteriorates the security of the blockchain by adding (unnecessary) complexity, Litecoin deteriorates decentralization by shortening the block intervals, proof-of-stake protocols turns the “public” blockchain into a semi-private blockchain by merging two roles (users and miners), etc..

Specifically, the addition of one or more designated “administrators” defeats the purpose of the invention and leads to unclear benefits compared to a traditonal relational database.

So far there is no compelling evidence, other than expensive trials by big banks, that a “permissioned” blockchain is more cost-effective, practical or secure in the context of a private network.

Crucially, the value of tokens on a private blokchain is not a market value but a conventional value aggred upon by the network participants: these tokens are in fact IOUs recognized only by the parties.

The absence of bitcoins as “bearer assets” removes the option to use Bitcoin transactions as a trustless settlement mechanism.

Of course the blockchain can survive without Bitcoin. There are already established coins like Ethereum which are ready to take the lead. Also its time to separate the association of blockchain with Bitcoin. Bitcoin is just a currency using the blockchain technology and isn't the only one at that.

Blockchain is the technology where bitcoin is build so yes blockchain can survive without bitcoin. Blockchain can be used in various ways infact blockchain is used in some hospital where they used blockchain in keeping there medical records online so that it cant be tampered. But as we all know that blockchain is created with bitcoin in its side so blockchain can survive without bitcoin but bitcoin cant survive without it.

Off course yes there a lot of coin like eth. and bitcoin was only of the successful coin in block chain