Blockchain is the First online wallet, and it got a lot trusted from all "new" bitcoin users.
I think blockchain will keep improving and give their best service to others.
Also a lot people still using blockchain to check some transaction Tx id.
EDIT after 5 minutes: I'm sorry if blockchain here is stand for all transactions in bitcoin, and not about the online wallet.
Topic: Coinless blockchains? - page 2. (Read 1587 times)
I don't understand why companies are saying the blockchain is great while Bitcoin is bad. The blockchain is Bitcoin. Bitcoin is just a name given to the units used within the transaction in the blockchain. You cannot have the blockchain without some kind of unit to represent the tokens in a human understandable way in transactions. I think it is completely unreasonable.
The other thing is that big institutions don't seem to understand the point of the blockchain. It is supposed to be a distributed ledger system for decentralization. The whole point is so that it is decentralized, so anyone can get it and run their own rules regarding it. Compared to a centralized database, the blockchain is horrible inefficient. Besides crypto 2.0 stuff that uses the blockchain for decentralized data stuff, I don't understand why institutions are interested in the blockchain.
The other thing is that big institutions don't seem to understand the point of the blockchain. It is supposed to be a distributed ledger system for decentralization. The whole point is so that it is decentralized, so anyone can get it and run their own rules regarding it. Compared to a centralized database, the blockchain is horrible inefficient. Besides crypto 2.0 stuff that uses the blockchain for decentralized data stuff, I don't understand why institutions are interested in the blockchain.
I hear many bitcoin enthusiasts say that creating a blockchain without a monetary token behind it would be pointless, or even impossible. To be honest though, I've never heard an analysis on why that would be. Without evidence presented though, it's hard to figure out if there's actual knowledge supporting such an argument, or a fear of bitcoin being left behind if banks start using blockchain tech without it.
We've already started hearing about big institutions expressing interest in blockchain tech, investing in related enterprises, and even using it. What are your thought on this? And from the technical side of things, what is it that makes a blockchain without bitcoin behind it sound unreasonable?
We've already started hearing about big institutions expressing interest in blockchain tech, investing in related enterprises, and even using it. What are your thought on this? And from the technical side of things, what is it that makes a blockchain without bitcoin behind it sound unreasonable?
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