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Topic: Can Blockchain Survive Without Bitcoin - page 42. (Read 3798 times)

full member
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Merit: 100
Bitcoin and cryptocurrencies are a small part of Blockchain technology uses. The technology will succeed even if Bitcoin dies.
newbie
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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?


Part of the confusion around what is blockchain versus what is cryptocurrency is due in part that the terms have come into use. Instead of being introduced by formal definition, the term blockchain developed from “chain of blocks”. Cryptocurrency is a sort-of portmanteau of “cryptographic currency”. But the fundamental difference between these concepts has to do with how distributed ledger technology is used.
sr. member
Activity: 1092
Merit: 269
Blockchain is the engine that runs bitcoin. So the two works together and there will no one without the other. Bitcoin will need blockchain to work effectively and also bitcoin has made blockchain technology to be popular.
true, indeed both are interconnected with each other. because the blockchain exists because the bitcoin exists. so bitcoin is coin if there is no coin then blockchain does not work
full member
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well i think of course it will, bitcoin is more like the marketing for blockchain technology which exist even before bitcoin was founded. 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, that the blockchain is an incorruptible digital ledger of economic transactions that can be programmed to record not just financial transactions but virtually everything of value and This technology was adopted and improved by satoshi for using it as a backbone of bitcoin
newbie
Activity: 133
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Of course, the block chain can survive without bitcoin, but bitcoin will not survive and will not work if it's without a block chain. Therefore, block chain and bitcoin both have a very important relationship, for the transaction smoothly. If bolck chain without bitcoin, I think it is impossible, for what appears block chain if there is no bitcoin?
newbie
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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.
newbie
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No, Because blockchain is a transaction of a cryptocurrency which are recorded. And that is the bitcoin, which if bitcoin doesn't exist there is transcation to tthe blockchain.
member
Activity: 224
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If you look at things objectively, then it becomes obvious that Blockchain already exists regardless of the actions of the BTC, to date, BTC is an excellent tool for traders and market manipulators and nothing more.
full member
Activity: 490
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Blockchain is the engine that runs bitcoin. So the two works together and there will no one without the other. Bitcoin will need blockchain to work effectively and also bitcoin has made blockchain technology to be popular.
newbie
Activity: 182
Merit: 0
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.




I think hundreds of applications interesting launched in technology blockchain and some of them will get the appeal for sure. blockchain here to stay! bitcoin has play an important role to make blockchain running and put it in a place like right now. but I am very confident that although bitcoin failed in the future, technology blockchain will win.
newbie
Activity: 47
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the blockchain runs other currencies, and with every day that passes this currencies becomes more grounded. so yes obviously the blockchain will survive.


Yes blockchain it can survive because it is just where bitcoin is build. But as we all know that the concept of blockchain is paired with bitcoin or shall we say the blockchain is made with bitcoin. Blockchain is not limited with only bitcoin it can be used with saving records such as medical also in apps.
member
Activity: 372
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I think blockchain can't survive without bitcoin because it is connected with it. Blockchain also know as the technology of bitcoin through doing transaction or any things you do. But i hope it will happens nowadays because many people used it in the same way many will be affected too. So i hope it will exist long time ago.
sr. member
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We know that the blockchain is that only technology that brought the bitcoin to life which is why it makes sense that blockchain would be able to survive in case the bitcoin disappears.
newbie
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Block chain is the technology of Bitcoin, Bitcoin has introduced Block chain to the world. It has made way for Block chain to be acknowledged as a great technology for the future. with that said, we have to also recognize the fact that Block chain technology doesn't solely created just for Bitcoin, it can expand its horizons and I believe it can be successful in any field it may take. For example, the banks are now studying and looking into block chain technology so they can be able to use it, or incorporate it to their current systems for the better. Smiley
member
Activity: 132
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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?
In my own opinion I think it will succeed but we should give credits to bitcoin because as you said it is used as a reference to its success.
newbie
Activity: 140
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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?
Do you think that one day Bitcoin will no longer need blockchain technology, and vice versa, blockchain technology goes without bitcoin? I think they can exist independently of each other bitcoin can survive without bitcoin
newbie
Activity: 238
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the blockchain runs other currencies, and with every day that passes this currencies becomes more grounded. so yes obviously the blockchain will survive.
full member
Activity: 274
Merit: 100
I cant say that I`m a super expert, but anyway hearing about all this new blockchain technologies I think we will survive, in case
full member
Activity: 175
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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?
No. Because bitcoin is just like a personal advertising group that manifest all crypto.
newbie
Activity: 42
Merit: 0
Absolutely it can, and it will. Bitcoin is merely one of the first and most well known uses of the blockchain technology. There are many more possible applications of blockchain technology currently being developed.

The potential impacts of the blockchain are considered so revolutionary that it has been compared to major technological advances like the printing press, telephones, computers and the internet. Check out these exciting companies for example- Ethereum, Provenance, Colony, BackFeed, Ethcore, Enigma.
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