Can Blockchain Survive Without Bitcoin - page 53.

normensky012

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Quote from: satecream on May 05, 2018, 02:44:45 PM

no it can't, bitcoin and blockchain is one packged and can't survive without another one, blockchain exist because bitcoin and bitcoin can run with blockchain

I guess you quite confused with the idea of blockchain and bitcoin. Think of blockchain as an Operating system like Microsoft Windows and think of bitcoin as an application running on this OS, think of bitcoin as Microsoft office. You see. Remove the MS Office in the OS, you still have an OS that can run other applications such as Internet browsing software. That's how simply to put it. This idea was explained to me by a computer engineer.

Hotel_Prodeo

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Now ETH is also popular, and this is a sign that without bitcoin the cryptocurrency and blockchain can survive, the number of devs. and coins must be a big guarantee that the future of cryptocurrency and blockchain will continue to improve.

normensky012

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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, of course, blockchain can continue to be used on other application other than bitcoin. Blockchain was invented for creating the bitcoin. The very idea of the blockchain has evolved as the time goes. Blockchain can be used to build a software infrastructure for other enterprise usage or technical usage such as in other form of networks.

satecream

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no it can't, bitcoin and blockchain is one packged and can't survive without another one, blockchain exist because bitcoin and bitcoin can run with blockchain

Jorge158

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As evidenced by the marketcap of all cryptos, they mostly increase as Bitcoin increases and decrease as Bitcoin decreases. This is mainly because bitcoin is the most popular crypto and anyone who mentions blockchain technology attaches bitcoin as one of the core features. I believe that bitcoin to some extent holds blockchain technology and it will be difficult for blockchain to survive without bitcoin.

Mihail.B

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first you need to understand what blockchain is. And that many coins use and work on their blockchain. Question in another, can at least one of these coins become as popular as bitcoin?)

MMA

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Quote from: JaxxBoll on May 05, 2018, 09:42:06 AM

this is for sure. I invest in bitcoin because I believe in blockchain technology. And if there is no bitcoin then I think this market can still grow normally.

Yes that is possible, but i think that if bitcoin will not survive it will have a huge impact on all other crypto currencies and on blockchain, because bitcoin has too much contribution in making blockchain popular and if bitcoin will not survive it will really effect the image of blockchain too much.

JaxxBoll

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this is for sure. I invest in bitcoin because I believe in blockchain technology. And if there is no bitcoin then I think this market can still grow normally.

LynDak

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Bitcoin has surely played a pivotal role to get Blockchain going and putting it where it is today. But I firmly believe that even if Bitcoin fails in future, the blockchain technology will prevail. Hundreds of interesting applications being launched on Blockchain tech and some of them will get traction for sure. Even without bitcoin, blockchain still can run. There are so many coins in the market with a high potential. It just happened bitcoin is too popular and some coins are not.

Luizrosevelt

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This is synonymous to asking if there would be fuel without automobile or if there would be bank without fiats money. In any case they are mutually exclusive but the existence or non existence of the latter does not hinder the existence of the former. In other words, bitcoin was built off blockchain , however blockchain doesn't need Bitcoin to exist. Bitcoin was unequivocally relevant to the mainstream adoption of blockchain but moving forward, blockchain is simply independent.

gabmen

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Quote from: eifer0910 on May 05, 2018, 07:06:10 AM

Yes block chain can still survived with out bitcoin, it just that bitcoin has huge transactions in block chain compare to other tokens, because it is much more famous than to other tokens, but still it can survived even with out bitcoin.

I'm sure it will. Blockchain is not bitcoin. It's the techmology that drives btc and all other alts. Without blockchain though bitcoin and probably the whole cryptomarket won't go very far

Cepot

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bitcoin and blockchain can not be separated, because between blockchain and bitcoin together. so it should stay aligned if blockchain without bitcoin blockchain will die

eifer0910

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Yes block chain can still survived with out bitcoin, it just that bitcoin has huge transactions in block chain compare to other tokens, because it is much more famous than to other tokens, but still it can survived even with out bitcoin.

a2offrb

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RISE WITH RAYS FOR THE FUTURE

Though if not for Bitcoin advent and initiation, Blockchain wouldn't have started or existed from the scratch. But been as it may, Bitcoin the Pioneer or mother coin had built and developed Blockchain for it's survival. However, the existence of this Blockchain had fascinated so many other Altcoins with various innovation of different sources, meaning a lot much more are still coming up on Blockchain Technology other than the existing ones. This bounds to state and agreed that the Blockchain can still be existing and survive even if Bitcoin terminates today, though which it's not just happening in decades at all.

alizalela7

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It is possible that bitcoin was born before the blockchain, but unfortunately with bitcoin, the blockchain can still exist in the same way as the mother gave birth to have a new mother to us but if unfortunately mother lost, then they We can still survive

globalking

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POINTPAY

yes it can survive but blockchain today recognised because of bitcoin I would say they both are two sides of one coin both are connected to each other

poletando

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PlayGame.com

blockchain is a system that bitcoin used to store their transaction, if bitcoin dont use blockchian i think blockchain still can survive, becauet there are many altcoin in the public that still using blockchain as their sysem, so if bitcoin leaves blockchain its okay for blockchain to survive

poldanmig

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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 now I think bitcoin is still a guide for cryptocurrency but for the future no one can know the future but big hope bitcoin will remain and bitcoin is cryptocurrency will encourage the development of other currency in cryptocurrency

bitcoinjasensatom

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Quote from: prismatica007 on May 04, 2018, 03:36:57 PM

blockchain your technology will continue to survive above bitcoin, because it has been successfully implemented in the banking system

In my opinion 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's because of underlying technology, blockchain.

elisabetheva

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Quote from: TRAID on May 04, 2018, 08:27:42 AM

If bitcoin dies tomorrow it will take years for the crypto market to recover, but it eventually will. This is not happening though, bitcoin is here to stay

I'm not convincing that there's a substitute for bitcoin, let alone the bitcoin to die, until now it's hard to find a replacement, many altcoins are alive but back to death after a few months later. bitcoin will still be present ....

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