Topic: Can Blockchain Survive Without Bitcoin - page 39. (Read 3798 times)
Blockchain in still very new and emerging technology which is based on decentralized database. At present, industries and companies are considering it for transparency and fluency in the system. In upcoming years we will be able to see the actual scenario when the data will be available for the changes and effects after the implementation.
Well, in some source says that Satoshi Nakamoto invested the Blockchain for Bitcoin but as of now, a lot of new cryptocurrency are being created each that needs blockchain. I think if Bitcoin where to fall, a new cryptocurrency will take its place because that's how the world works, newer and more advance technology are going to dominate. Bitcoin is created to fight for decentralization and privacy and I think some known cryptocurrency like monero have that sole purpose now.
Thanks to the blockchain system, bitcoin is popular.Due to a sophisticated cryptographic protection system, Blockchain offers a much safer experience than traditional banking.
huh? i think you said it wrong. Bitcoin is already popular not because of blockchain but because of its useful features. blockchain and cryptos wont possibly existed or discovered without the help of bitcoin , so overall the credit will still go to bitcoin not on blockchain.
Quote
Re: Can Blockchain Survive Without Bitcoin
No it cant. Blockchain cannot survive without bitcoin because bitcoin is what represents it, bitcoin is the one that people use not the blockchain.
It is a fact that Blockchain Technology was first invented and implemented for Bitcoin. After the successful implementation, blockchain was considered as a revolutionary technology which can bring transparency in the system. So, I think that we can survive but not succeed without bitcoin.
Thanks to the blockchain system, bitcoin is popular.Due to a sophisticated cryptographic protection system, Blockchain offers a much safer experience than traditional banking.
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?
The blockchain will survive even without bitcoin it is because of many cryptocurrency.The recent flactuation in bitcoin and altcoin price has resuscitated the debate on cryptocurrencies functioning as a true store of value.It is because of underlying technology on blockchain.The blockchain will still exist.
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?
of course it can and it will. Bitcoin is pioneer of blockchain technology, other cryptos will make it better and will improve the blockchain technology that bitcoin started.
Absolutely blockchain will survive without bitcoin. We know that bitcoin is so popular and have the highest value on all cryptocerrency, but its not the only one crypto that will be use in blockchains. Bitcoin can be replace by other coins.
Certainly blockchain will survive because it is the system and bitcoin is only one of the product of blockchain, but obviously blockchain is now more popular because of bitcoin so they are both give and take benefits for each other.
Blockchain is not just about bitcoin because it is the overall term for the technology that the cryptocurrencies are using and yes they can survive without bitcoin or even other cryptocurrency because it can be still used by the different people who have got some ideas to create and bring it to reality using blockchain that will make sure that it is more secured and has a better system.
Blockchain has survived without bitcoin before now. Blockchain technology is only created as a solution to solve bitcoin issues. Infact bitcoin need blockchain to survive rather blockchain surviving because of bitcoin.
Blockchain is a new technology and btc is a just a coin which introduced blockchain to us and even if btc will not be around of course blockchain will be here to stay. Rather than btc so many other coins have introduced new blockchain applications such as also Usechain with a identity chain.So blockchain is here to stay for a long time
Yeah, blockchain is very likely to be successful without bitcoin. This blockchain is a technology that can stand alone without bitcoin. Blockchain is a technology that can be used to run any activity easily. But bitcoin will not be successful without blockchain. Bitcoin without the blockchain is a human without a heart which is physically present but is not functioning alive. Now, many ICOs without bitcoin use this blockchain. Some newer crypto currency from bitcoin have also used blockchain. Blockchain does not depend on bitcoin.
It's an innovation which has a vast range of usage, bitcoin is one among them. Particularly it is the first thing to adopt the blockchain technology and succeed attaining efficiency and effectiveness. Similar thing is possible with other sources where the technology is being used.
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 it can't succeed with out BTC. BTC is already considered the core in the blockchain community and it had played a very important role in blockchain. If we consider continuing without btc then it would be tragic.
Absolutely blockchain will survive without bitcoin. We know that bitcoin is so popular and have the highest value on all cryptocerrency, but its not the only one crypto that will be use in blockchains. Bitcoin can be replace by other coins.
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, of course! Bitcoin is just first digital coin based on blockchain. Blockchain is a technology and Bitcoin is means of payment. But if you mean what about trading world, i think after when bitcoin will fall, maybe we will see the new 'Bitcoin'. So, bitcoin is not a problem for this technology like blockchain.
I believe Blockchain can survive even without Bitcoin, as there are still so many new projects that require Blockchain technology, although basically supporting blockchain advancement is bitcoin but now there are many new coin-coins that work together and use Blockchain technology.
Jump to: