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Topic: Can Blockchain Survive Without Bitcoin - page 54. (Read 3799 times)

full member
Activity: 518
Merit: 103
You should do more research on your investment, blockchain technology was here since 1950s, however it still is primitive and only few people understand what the new technology is about back then, until some decades that they found out it can be used as means of currency, thus bitcoin was born, also I hope you didn't ask this question just to have fun or make fun of people here, since before we invested in bitcoin, we studied it, we did research and you cannot remove blockchain technology from bitcoin, since it needs block chain technology just like other coins who uses the same technology but has different algorithm, I wouod suggest to research more, since it is a complicated topic at start.
newbie
Activity: 38
Merit: 0

blockchain your technology will continue to survive above bitcoin, because it has been successfully implemented in the banking system
full member
Activity: 350
Merit: 100


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?
Bitcoin is better due to the advancement of the blockchain technology. I believe the question should have been asked in the opposite direction. Blockchain is a technology that is meant to add value to how transactions are done in world of cryptocurrencies.
full member
Activity: 378
Merit: 108


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?
am surprised to see this kind of question if blockchain will survive without bitcoin.
bitcoin is not helping blockchain rather blockchain is helping bitcoin so even without the existence of bitcoin blockchain will stand. 
jr. member
Activity: 246
Merit: 1
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  Smiley
newbie
Activity: 121
Merit: 0
Yes it can survive the blockchain without the bitcoin they have probability that they have another coin that replace in blockchain to show the transaction but bitcoin will not survive without blockchain it can use to money laundry so the bitcoin industry will do anything to stop bitcoin.
YED
full member
Activity: 209
Merit: 100
Like most things related to Bitcoin, this question engenders passion from two opposing sides. The fervent supporters of the currency scoff and say that of course the blockchain can’t be separated from Bitcoin, while detractors are just as certain that it can be, and probably should be. As is often the case when disagreement is so stark, there is an element of truth to both positions.

member
Activity: 127
Merit: 10
March 16, 2018, 12:31:00 AM
#57


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?
Blockchain isn't "just a data structure". It's a network protocol. A data structure can exist in any local database. A blockchain cannot. Blockchain tokens are essential, and essentially valuable. The cryptocurrency is a product of the blockchain.
I disagree and I think we've discussed this already. You think a blockchain must be a distributed ledger with tokens. No. Blockchain is a linked list data structure. It can be on your PC without extra copies anywhere else. It can be with or without tokens. An implementation of distributed blockchain, with a token, with proof of work for updates makes up Bitcoin. Also throw in merkle-izing the data for easier traversal and whatnot.
newbie
Activity: 168
Merit: 0
March 15, 2018, 08:14:55 PM
#56
For me, I buy bitcoin, and I just want it to go up, and then I'm going to switch to something I need, like the dollar. At this point, bitcoin and the block chain can be split up for me. I only have demand for bitcoins. I don't care what the blockchain is. In this case, there is no doubt that bitcoin is more valuable than the blockchain.

If bitcoin disappeared for some reason, a coin would be able to replace it as the leader of cryptocurrency.
member
Activity: 168
Merit: 10
March 15, 2018, 06:59:43 PM
#55


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 survive, even if it is based and derived from Bitcoin's network and function...  it doesn't mean that it can't stand alone or survive especially I think (personally) that it is more powerful and has a higher potential
member
Activity: 238
Merit: 10
OPEN GAMING PLATFORM
March 15, 2018, 05:29:20 PM
#54
Of course it can be Smiley. Blockchain doesn't depend on Bitcoin and cryptocurrency. Bitcoin and all other cryptocurrencies are just products created base on blockchain technology and crypto is not the only field that blockchain can be applied. People all over the world are trying to apply blockchain for so many other field but not only cryptocurrency.
sr. member
Activity: 798
Merit: 251
Small Trader
March 15, 2018, 05:28:06 PM
#53
Blockchain will stay alive. Although Bitcoin is not created. Because Blockchain is a technology that is very promising for the development of how to transact in the world. Where each transaction will appear transparently.
full member
Activity: 280
Merit: 101
OPEN GAMING PLATFORM
March 15, 2018, 05:27:13 PM
#52
Blockchain can entirely survive without relying on Bitcoin. The fact is that many businesses have adopted Blockchain technology in producing products in areas such as automotive, travel, e-commerce, and supply chain. Future Blockchain technology will replace people completely and become a revolution in the 4.0 industry; machines will replace the entire human.
member
Activity: 210
Merit: 26
High fees = low BTC price
March 15, 2018, 05:21:14 PM
#51
whereas now Bitcoin already exists, and very many platforms are adopting blockchain, as well as developing its technology

oh dear, you didn't get the email about "off-block" being better did you ?

Please read the lightning white paper because apparently off block chain is the new buzz phrase
so please sing in tune with the congregation and don't let the devil teach you that IOTA is ten times faster
than Bitcoin and even that's slow by today's standards

Lightning White paper is here https://lightning.network/lightning-network-paper.pdf so please turn to page twenty
two and sing......
member
Activity: 210
Merit: 26
High fees = low BTC price
March 15, 2018, 05:12:47 PM
#50
Bitcoin is the first gift of the blockchain technology invented by Satoshi Nakamoto.

Most of the technology comes from Bit-Torrent and you sound like this Satoshi is jesus so thank him
the next time you see him for building a system that won't scale, mega high Tx fees and for starting
CPU-Wars and for helping to warm up the planet.

oh yes, Linked lists (Block chain navigation) was around 40 years ago and we even have double linked lists
these days but I admit these cannot walk on water.
member
Activity: 448
Merit: 17
March 15, 2018, 05:10:41 PM
#49
there are two answers, namely can and can not
but what we need to remember is, Bitcoin is a pioneer of blockchain technology,
as long as Bitcoin is not present with blockchain technology, then all existing blockchain implementations on all platforms, should not exist

whereas now Bitcoin already exists, and very many platforms are adopting blockchain, as well as developing its technology
newbie
Activity: 19
Merit: 0
March 15, 2018, 05:07:30 PM
#48
a blockchain is a database.. more specific a hash chain based database... a technology. u can also ask if mysql will die when some mysql based apps will die.. surely no. but there will be much development e.g. scaling, parallelization of mining etc.. so yes it will change but not die.
member
Activity: 210
Merit: 26
High fees = low BTC price
March 15, 2018, 05:06:49 PM
#47
Other alt-coins have been dragged down by Bitcoin instead of up since the miners were allowed to
charge $55 per transaction the other other month and word about this got out to the general public.

You don't need a maths degree to plot the fee chart against BTC price to see what crashed the price
but you can keep blaming China, Google and anyone else if that suites you.

Posts in the developments forum from software developers are being attacked or deleted by the party
faithful because they dare to bring up questions regarding the Lightning Network so do read between the
lines without making me spell it out and also read the lightning white paper regarding fees which you
can find here https://lightning.network/lightning-network-paper.pdf
member
Activity: 224
Merit: 21
March 15, 2018, 04:58:55 PM
#46
Yes offcourse blockchain will survive without Bitcoin and blockchain technology is growing world widely. Bitcoin is the first gift of the blockchain technology invented by Satoshi Nakamoto. Blockchain technology will grow more and more in future with new versions. Following are the evolution of blockchain technology
1 Blockchain 1.0 - invented by Satoshi nakamoto in 2008 who also invented digital currency which is BITCOIN
2 Blockchain 2.0 -  Smart contract big example of this is ethereum blockchain which was invented by Vitalik Buterin which widely used by new ICOs
3 Blockchain 3.0 - Dapps , A dApp is a ‘blockchain enabled’ website, where the smart contract is what allows it to connect to the blockchain. Its a decentralized application avoiding centralized infrastructure. Big example of this EOS and IOTA
4 Blockchain 4.0 - Making blockchain usable in industry, this will be the advanced version of Blockchain 3.0  to build trust between the industry sectors and people. For example SKYCHAIN ICO based on medical sector will be upgrading to blockchain 4.0 technology in mid 2019. Also lots of banking sectors to are involving in adapting blockchain technology. There lots of thing we will going to see from blockchain technology in future without Bitcoin.
jr. member
Activity: 196
Merit: 1
March 15, 2018, 04:58:18 PM
#45
Yes, it will survive and it will look for a way to survive because some coins are still dependent on them, but removing bitcoin on the picture it will give big negative impact on their part....
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