Altcoins Talks - Cryptocurrency Forum
Further Discussions => Blockchain Technology => Topic started by: yousufatik20 on December 22, 2018, 06:24:06 PM
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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?
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Bitcoin is part of blockchain. maybe if bitcoin is over, there will be a better replacement. but also impossible for now. the river will still flow even without the fish. conclusion blockchain will always exist, though without bitcoin.
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blockchain and bitcoin both have very important relationships in the crypto world, but although bitcoin is the culmination of the current crypto coin chain. so, I think blockchain without bitcoin can survive. if when bitcoin disappears for some reason, blockchain persists by replacing it with another crypto coin. but instead, bitcoin without blockchain probably will not last.
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Well of Course it can survive without bitcoin. the problem it cant be maximized its usefulness. most of the used of payments in blockchain is cryptocurrecies and the number one on it is bitcoin. without it, we can use cash but the same process like paying cryptocurrencies. using Visa or anything wallets that have currency that your country has. same process, same payments the only change is without bitcoin or cryptocurrencies.
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Yes, of course, blockchain can be a separate technology that does not need cryptocurrency, it can be used in various industries around the world, but the best application is cryptocurrency.
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Yes block chain can survive with bitcoin, though they work in hand to hand, but the both have there important role to play.
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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?
of course can if we tak about blockchain for industry, blockchain is not just about bitcoin and cryptocurrency, but about new technology can revolution transaction industry with more faster, secure, and cheaper
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I think blockchain without bitcoin can survive. if when bitcoin disappears for a reason, the blockchain still exists by replacing it with other crypto coins. but instead, blockcoin without blockchain may not last long.
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Actually Blockchain will always improve without crypto currencies. It is a technology, I am confidence it will be adopted massively even if there is no bitcoin or other crypto currencies. Otherwise, I am doubt bitcoin can survive without Blockchain.
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Bitcoin is a virtual online digital cryptocurrency on the other hand blockchain that concerns with technology.. So blockchain survive with cryptocurrency and bitcoin but bitcoin will not survive without blockchain technology.
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I don't know what is the relation between bitcoin and blockchain... Bitcoin is a currency and blockchain is a technological platform.
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Bitcoin has certainly played a key role in getting Blockchain and putting it where it is today. I think that if bitcoin disappears for some reason, some coins can take their place as a leader in crypto currency.
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Yes, it will. The invention of blockchain technology is actually implemented for the use of the entire cryptocurrency. It so happened that bitcoin was the first digital currency where blockchain was tested. In case that bitcoin disappear, there are lots of popular and with potential coins still existed. And as far as I know, as long as there is an internet and right implementation, this technology are still efficient in so many cases.
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Blockchain is a technology that is the basis of all cryptocurrencies, and this technology can exist separately from them. People understand that blockchain technology is unique and can be useful not only in creating cryptocurrencies, but also in other areas of our life.
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The blockchain technology is the technology behind Bitcoin which can be used in many ways, not just the crypto economy. It can be used to define all things that affect our lives positively
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Why should this affect the technology in any way? You want to say that will disappear if nuclear weapons we will lose the technology of splitting the atom?
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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?
Yes, it can. Blockchain can survive without Bitcoin... here's the simple definition of Blockchain, “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.” Don & Alex Tapscott, authors Blockchain Revolution (2016).
To find out more about blockchain technology visit, https://blockgeeks.com/guides/what-is-blockchain-technology/
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Blockchain and Bitcoin are different things. The technology and method of its application will remain even without cryptocurrency.
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I'm interested to see exactly how you built this connection. Blockchain creates only bitcoin, but also many other projects.
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It is better not to do the relationship between Bitcoin and Blockchain. Yet Bitcoin, though the most common technology, but not the best.