Can Blockchain Survive Without Bitcoin - page 9.

mbenga

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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?

I think that we will eventually choose the new king and it would be probably Ethereum, so in my opinion many things would change but we will survive anyway without bitcoin as well.

Caxton10

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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?

Surely blockchain can succeed without Bitcoin though it was the first project that the blockchain made use of but now people including nations are realizing the importance every face of development.

Coinson92

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Blockchain is a technology that can be used not only in finance but also in all spheres of human life!

Baronggot

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If the time comes that bitcoin will reach to an end, i believe that blockchain will be facing a very tough and hard times because its operation will never be the same again in the absence of bitcoin. Thinking about a worse case scenario is very hard for crypto investors, traders and enthusiast as none of alt coins is yet ready to take bitcoin's place.

tayecrypto

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of course, block chain doesn't need bitcoin, while bitcoin is nothing without block chain...
Block chain can be applied to the government so that country finances are clear and transparent to where it flows, or applied to the bank can also...

yayat

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very possible, because Bitcoin itself is a name and Blockchain is a network or track path for every Bitcoin transaction. and each Altcoins has its own network, its own network is called Blockchain or Blockexplorer.

his example is TRON which now turns into Blockchain itself, break away from Blockchain Ethereum (Etherscan).

aileenc

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Bitcoin needs technology blockchain. Blockchain will produce many coins.

littlePig

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i think that thing is possible in the future but now Blockchain is hard to exist itself without Bitcoin. Because Bitcoin is known like an intermediate part to do ICO

tungaqhd

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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?

The most famous product of blockchain technology now is bitcoin ad other cryptocurrency. But now, it is becoming more popular and people are using it for many purposes like save information,

Kuningkuning1

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Blockchain would definitely survive without BTC. Because the main method of transaction Bitcoin is Blockchain Technology. But bitcoin has made blockchain popular worldwide.

Subwooferred

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I understand that BTC and Blockchain are closely related, but I think their relation is a one-side traffic, i.e. BTC IS dependent on Blockchain, while Blockchain isn't dependent on BTC.
So, Blockchain can survive without BTC and not vice versa, IMO.

dongyi17

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Yes I think so, there are many ways for blockchain to survive even without bitcoin, aside from bitcoin there are other coins too and others that can help sustain blockchain but off course we can't really deny the importance or the role of bitcoin to blockchain

CryptoSmile

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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?

Blockchain and bitcoin are inseparable perfection, without blockchain bitcoin will be weak, and without bitcoin, blockchain will become weak as well. They can not be separated, because if they are separated will become weak and will not survive.

Deepa18dec

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Bitcoin is just a product of Blockchain. Blockchain will survive without Bitcoin or any coin but those coins won't survive without blockchain. Even banks are now studying blockchain for using in banking services and transactions.

Kimbohh

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For my own opinion, i think it can survive. There is a lot of altcoins exist in the market and ethereum is one of the most popular altcoin. Unlike bitcoin it has a big price and we all know that having bitcoin is can really survive.

Danielradcliffe

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Quote from: iotarocket on July 05, 2018, 07:25:08 PM

Absolutely blockchain can survive without bitcoin, but as the first cryptocurrency with a powerful brand image, the destruction of bitcoin would portend possibly years of a bear market due to loss of confidence. However, I think bitcoin is here to stay.

Yes, I agree with you, but without bitcoin there will be chaos, might be many cryptocurrencies lose their value, I can't even think how will change blockchain when there is no leader of cryptocurrencies

iotarocket

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Absolutely blockchain can survive without bitcoin, but as the first cryptocurrency with a powerful brand image, the destruction of bitcoin would portend possibly years of a bear market due to loss of confidence. However, I think bitcoin is here to stay.

reality18

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Blockchain's survival without Bitcoin will not be easy at all because Bitcoin serves as a strong hold for the Blockchain technology. People have trust and confidence in Bitcoin, hence the absence of Bitcoin will lead to withdrawal of many investors which can cause a massive dip in the crypto market volume.

skibikipapa69

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Yes blockchain ill survive without bitcoin. Just like people said bitcoin is just one of its many projects. If bitcoin did not become this big then maybe another would be. Although we can't deny how bitcoin influenced and changed everything. Bitcoin has indeed become one of the major players.

Jayleon

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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?

Blockchain is a revolutionary technology that has the power to cause transformation in the industries.
I believe there'll come a time where many industries will adapt Blockchain.
Blockchain isn't only useful for transactions as seen with. Bitcoin and Altcoins but for almost all other industries.

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