Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: fortuneteller on March 22, 2018, 08:08:19 AM



Title: No blockchain, No bitcoin
Post by: fortuneteller on March 22, 2018, 08:08:19 AM
Being new to the digital currency world, I have read various articles about blockchain and bitcoin in order to understand How, When and Why it is created. Blockchain have been the backbone of bitcoin, meaning BTC exists through blockchain. Year after year blockchain developed to handle a more sophisticated activities digitally. Being decentralized it eliminates the infinite reproduction in the digital world and making it invulnerable to hackers. Blockchain technology is being tested by various non-profit organizations for the following purposes:
1.   Helping two billion people that lacks bank accounts.
2.   Making World Food Programme’s growing cash-based transfer operations faster, cheaper and more secure.
3.   Using blockchain to guarantee authenticity of texts, avoid censorship and combating fake news
Behind the development of blockchain still some minds remained unconvinced saying that technology have been promoted it intensively with unrealistic claims.
Considering such information what is your opinion on what is Blockchain to Bitcoin. Will bitcoin end, if blockchain end?. Feel free to express your opinion :D


Title: Re: No blockchain, No bitcoin
Post by: talkbitcoin on March 22, 2018, 08:12:10 AM
if blockchain end?

this question doesn't even make sense for anyone to begin answering it!
blockchain is not something that ends, it is not a consumable! blockchain is simply the chain of blocks that are being put together to create the public ledger that we are using.


Title: Re: No blockchain, No bitcoin
Post by: AfterTheFork on March 22, 2018, 08:21:29 AM

Bitcoin operates on blockchain and depend on it fr security and efficiency, without blockchain, Bitcoin will struggle and my be probably exposed to security risks. and blockchain doesn't end its technology that is already being put to use outside cryptocurrency


Title: Re: No blockchain, No bitcoin
Post by: sam2014 on March 22, 2018, 08:25:13 AM
Being new to the digital currency world, I have read various articles about blockchain and bitcoin in order to understand How, When and Why it is created. Blockchain have been the backbone of bitcoin, meaning BTC exists through blockchain. Year after year blockchain developed to handle a more sophisticated activities digitally. Being decentralized it eliminates the infinite reproduction in the digital world and making it invulnerable to hackers. Blockchain technology is being tested by various non-profit organizations for the following purposes:
1.   Helping two billion people that lacks bank accounts.
2.   Making World Food Programme’s growing cash-based transfer operations faster, cheaper and more secure.
3.   Using blockchain to guarantee authenticity of texts, avoid censorship and combating fake news
Behind the development of blockchain still some minds remained unconvinced saying that technology have been promoted it intensively with unrealistic claims.
Considering such information what is your opinion on what is Blockchain to Bitcoin. Will bitcoin end, if blockchain end?. Feel free to express your opinion :D

Blockchain is what what makes bitcoin decentralized and open to all,  without the blockchain bitcoin cannot function


Title: Re: No blockchain, No bitcoin
Post by: Hellobx on March 22, 2018, 08:34:36 AM
Blockchain never be coming to an end, the blockchain is the next generation of technology, and  blockhain and bitcoin are inseparable, so I don't think the bitcoin will disappear, the bitcoin will gradually accepted by the world.


Title: Re: No blockchain, No bitcoin
Post by: BTCLovingDude on March 22, 2018, 08:40:26 AM
this topic doesn't make any sense :D
it is like saying "I can not live without a heart" while that is physically true, that is a silly thing to say because it is obvious. you can not take a human heart out and expect the body to survive.

so let me ask you this, what's your point when saying "no blockchain, no bitcoin"? what conclusion are you trying to make?


Title: Re: No blockchain, No bitcoin
Post by: jak3 on March 22, 2018, 08:45:07 AM
I didn't get exactly what you trying to say blockchain without Bitcoin is nothing. The blockchain is just a chain of blocks and in Bitcoin miners create and verify the block. That's how everything works and by the way, I agree with most of your advantages of blockchain that's true. Banks in government cannot be compared with blockchain right now they do not possess enough Technologies and they do not provide many features like blockchain does. Blockchain was made by keeping in mind all the features of accountancy and economics just like a real account and it keeps records of every ledger and verifies all the transactions.


Title: Re: No blockchain, No bitcoin
Post by: angelakrasnova on March 22, 2018, 09:10:31 AM
The idea is to create a system that without blocking, which binds the entire system and transfers and transactions can not exist separately bitkoyna.


Title: Re: No blockchain, No bitcoin
Post by: Vit83 on March 22, 2018, 09:19:03 AM
Bitcoin was created and worked before all this ICO with hypes appeared. I think it will work long after all this strange blockchain ICO will disappear. The blockchain is very good tech and it can help people to avoid banks and borders. Now you can easily send somebody money in every country in the world. And Government can't just take your money for new war.


Title: Re: No blockchain, No bitcoin
Post by: CryptoJedi1 on March 22, 2018, 09:26:20 AM
Bitcoin is based on blockchain technology, and it's not that easy for blockchain to perish overnight.


Title: Re: No blockchain, No bitcoin
Post by: Getmon on March 22, 2018, 09:27:03 AM
If the technology of blockchain comes to an end, it is not just Bitcoin that will end. Everything about cryptocurrency will end. Bitcoin is blockchain. Crypto is also all about blockchain to a very significant extent. Each and every transaction in the crypto world is being recorded in the blockchain, without which it is not imaginable that crypto will still continue existing. Well, I agree with many of the responses above, you do not have to actually raise such a possibility because Bitcoin and blockchain are almost the same thing. Meaning, you kill one, the other will die. But we all know that some coins have their own blockchains.


Title: Re: No blockchain, No bitcoin
Post by: Xavierfr12 on March 23, 2018, 11:07:08 PM
i think yes no blockchain no bitcoin because bitcoin is defend in the blockchain the blackchain  is travel in the whole world price of bitcoin.


Title: Re: No blockchain, No bitcoin
Post by: September11Myth on March 23, 2018, 11:35:38 PM
if blockchain end?

this question doesn't even make sense for anyone to begin answering it!
blockchain is not something that ends, it is not a consumable! blockchain is simply the chain of blocks that are being put together to create the public ledger that we are using.

I agree. And now we also have the DAG. Tomorrow we may have hashgraph and/or whatever. Once this type of technology has taken off, there is probably no way to stop its development and evolution.


Title: Re: No blockchain, No bitcoin
Post by: jonloner011 on March 24, 2018, 04:50:40 AM
Blockchain is a technology, not any software. I mean, it is not like those things which just can end suddenly. It’s a system. I agree with all those features that Blockchain can cover, nevertheless.


Title: Re: No blockchain, No bitcoin
Post by: bhyviyt on March 24, 2018, 05:13:34 AM
If there is no blockchain! Bitcoin is undoubtedly a scam. If you are holding this Bitcoin which is supported by technology, algorithm, and trust, it is okay if you are the “bubble virtual currency” that has no value.


Title: Re: No blockchain, No bitcoin
Post by: handsomes on March 24, 2018, 05:57:15 AM
based on article blockchain is the backbone of the bitcoin so means no blockchain no bitcoin because when blockchain not exist also the bitcoin did not exist can have and get blockchain to get the bitcoin.


Title: Re: No blockchain, No bitcoin
Post by: Alohadance on April 11, 2018, 02:05:11 PM
I believe in bitcoin. It is traditional usd in cryptocurrency and it will be used for a very long time. So No traditional money, YES BITCOIN


Title: Re: No blockchain, No bitcoin
Post by: hsjrjkf on April 23, 2018, 04:44:26 AM
First of all, we have to be aware that in the Satoshi Nakamoto white paper, there is no word of blockchain/block chain, only chain. Nakamoto's White Paper title is: "Bitcoin: A Peer-to-Peer Electronic Cash System." As you can see, this system is called Bitcoin. Bitcoin is the system. Chain is only part of the system and is a subset of the system. Only later came the various cottage systems, in order to abstract all the systems out of a single general concept. A new word, the blockchain, was created in a conventional way. In this way, Bitcoin becomes a subset of the blockchain instead. But further, with the development of bitcoin, the melon people do not know what the system is, they can only understand the figures on the account, so the concept of bitcoin is eventually reduced to the unused output of the public key address ( UTXO).


Title: Re: No blockchain, No bitcoin
Post by: Shanny44 on April 23, 2018, 05:10:07 AM
No it is not possible the blockchain is the next genration tecnology .No one can end the blockchain. In the human body the heart is very thing for humans and in the bitcoin the blockchain is the heart of bitcoin♥️