Bitcoin Forum

Do you remember the days of the Internet boom?

Then absolutely every people and each company switched to "business on the Internet."
The rapid development of companies such as Amazon or eBay has caused the great attention of people to the new opportunities offered by the global network.

Then there were many companies that used the mention "Internet" as a kind of "magic spell."
This helped them easily receive significant investments but not only from venture funds but also from more traditional financial institutions.

A similar hype can be observed with blockchain-technologies.
The blockchain is definitely an important technology. But some firms overly exaggerate its usefulness or simply call the already existing services, which are deprived of the fundamental components of the blockchain technology. There was one funny incident, which clearly shows this problem:

In December 2017, Long Island Iced Tea shares rose at 432% after adding the word “blockchain” to the company's name, and Long Island’s market capitalization rose to $ 70 million.

And now, when the noise around the blockchain is so bloated, some companies refuse to use this word at all.

In a new report where Forrester Research says that the word "blockchain" for some companies is now being replaced with the abbreviation DLT - distributed ledger technology. The word, though not so memorable, but partially describes the essence of the technology.

I think that these words will, in any case, be used in the community, as they have already thoroughly entered into our slang.

What do you think?
Will blockchain disappear?

Of course not. The blockchain technology will be integrated into the most diverse areas of our species’s world life. For example, learning to invest in the accounting of working time. The application of this technology can be very different. The most important thing is that this is really applied and not ignored.

The appearance or disappearance of Blockchain are all games that are undue
The future is far from been fetched
And the past seems entangled already

Let’s survive the bearish position first
It’s all that matters now

No, it won't. Safer to say in our lifetime. Blickchain technology hasn't been utilized to its full potential. There is a lot more to improve in terms of innovations, usage, adoption, and securities. At first, only few believe that blockchain technology will have the chance to grow. But, look at the blockchain technology and cryptocurrency, these are very significant in our modern world.

As long as we're here moving this system it  wont end. We belive that this is the future so we should stay.  Price goes up and down.  Support and have faith.  We shall prevail.

First of all, you got a really nice piece here. The use of DLT can never replace the word blockchain.  The world is yet to see the magnificence of this unique disruptive ledger technology. Funny enough, more and more sectors are utilizing the blockchain and some new researches are geared towards it or hinged on it. Soon people who are talking against the blockchain technology will embrace it, it's certain. So in essence, Blockchain can never disappear in my own opinion, since many sectors including the healthcare is now hinged on it. Imagine tracking immutable records of patients easily on the blockchain, sounds good to me , for instance.

The blockchain technology is still very young and it still has a lot to improve in itself. But better than this technology in its field has not yet been invented) therefore it will definitely exist

What a strange question you have?

Cryptocurrencies may disappear and I doubt it very much, but the blockchain is accepted in many government sectors and has a great future.

Blockchain is a revolutionary invention and it wont disappear. In fact, blockchain its only in the beginning of its path and a lot of companies, that are not focused on crypo, started to implement this technology in their platforms. Even thou crypto tokens might loose value, blockchain will still be useful.

The blockchain is a technology of the future, cannot disappear, at least in the next 20 years. Nowadays, many large organizations have applied blockchain technology such as H&M and Amazon into their shopping chain. Therefore, I suppose that Blockchain will become the revolutionary in the future.

I think that the word 'blockchain' will disappear from the names of the projects and companies for sure. But the word in its primary meaning will not. The companies do not use 'internet' in their naming but we use this word everyday.

i strongly doubt taht as i thino taht blockchain is a base for a lot of projects and if it disapper the many other thing will do as well

yes you might be right the future will show us but tjat means that blockchain will stay at yhe projects themselves in the future

blockchain is not going to disaapear as this is very popular and i think that this technology will be even more famous

that is true and i think that that this technology is necessary and we jeed to remember that and learn a lot about it

Certainly not, blockchain technology will never disappear. Blockchain technology will pioneer the next industrial revolution and it will be integrated into most of the traditional business models. Blockchain is here to stay and we are lucky to be among the early believers of it.

It's sad to look at the market, but I'm sure it's nothing more than a game. There are many players in the market and the largest need to remove the average. Just be patient and wait for the profit.

I am sure that the blockchain technology will not disappear because it is the future that really helps to change the world for the better, which is not the cryptocurrency market, because there is instability and high volatility of the market and no fundamental news reflects the market  8)

I do not think that even blockchain word is going anywhere, blockchain represents the basic structure of the decentralized technology whose one application is crypto currencies, in future it will keep growing its scope and will enter more and more niches and helo increase the efficiency and performance of the working and procedures of the project where it will be implemented.

Blockchain will remain forever in the cryptocurrency. Imagine what is the functionality of the coin if you remove the blockchain? There is no functionality at all. The cryptocurrency, coins and tokens will be useless if they have no blockchain. How can they make transactions on it if there is no blockchain. The cryptocurrency and blockchain is a tandem that can't be separated.

Whether some like it or not block chain as come to stay because it has become an important factor in our world,many sector are now adopting the use of block chain because is helps to eliminate the third party aspect.Believe me more will still adopt.

I do not think blockchain will ever disappear.
Bitcoin has come to stay likewise the blockchain technology.
No matter how unstable the market price of Cryptocurrency may be presently, it doesn't have the capability to make blockchain to disappear.

Blockchain technology cannot disappear. If you are concerned about news, then you should know that many developed countries are constantly developing blockchain technology!

is there any alternative peer to peer transaction that may obsolete the blockchain? There are lots of demand using the technology, so I think, as long as people will have the demand, and as long as only blockchain will solve this problem, It will never disappear.

The blockchain will not disappear, but the cryptocurrency may disappear because the blockchain product does not require cryptocurrency as the only payment method!

The blockchain will not disappear. The blockchain is a technological revolution that changes humanity, but some bad altcoins will disappear and many coins will disappear. NoThe blockchain will not disappear. Blockchain is a technological revolution that changes humanity, but some bad altcoins will disappear and many coins will disappear. Now that it has started, Bitcoin will make the altcoin disappear a lot.w that it has started, Bitcoin is being abused for junk coins.

Blockchain is a technology it won't disappear but the crypto like bitcoin could perish due to pump and dump games.

I think the blockchain technology will never disappear. Because this is the latest technology in general ledger recording that is transparent and decentralized. The blockchain is present by changing a centralized approach to being decentralized. Blockchain technology allows network consensus to record and validate each transaction so that the data entered cannot be faked, lost or damaged so it cannot be manipulated by the network provider. So, this technology will not be abandoned by society and will never disappear.

For a technology that is just starting up and have gathered such great momentum with recordable successes within 10years, I don't see the possibility of it disappearing. We should only be discussing the extent organizations will take advantage of it.

Blockchain technology is the future of digital technology and I don't think the blockchain will be lost due to word differences, or whatever terms they currently give. Blockchain is very good, even some countries want to use this technology for banking systems and state financial management systems.

We are the earlier adopters of the Blockchain Technology and the world is yet to see it's true power. So it will be wrong to say or rather ask if the most disruptive technology the world have ever seen disappear just like that. The answer is No, Blockchain is the revolution and hopefully when go mainstream sooner than later we the early adopters will have a lot to benefits from this technology and the world at large.

More will adopt and this is just the beginning of it. I may say that blockchain will only disappear if there's something better.

Or else, there's going to be another version of it and upgrade which is way better than it.

no, the blockchain won't disappear just because the market is falling. The blockchain is a very good and perfect technology, and more importantly there is no limit to exploring this technology. so it's strange if this technology suddenly just disappears.

Not blockchain - the ability to create on its base, not only that associated with the cryptocurrency, but any service, this technology will be its basis.It's also important to remember: Each separate blockchain is a community or a specific ecosystem, either public or private. The most popular is the public blockchain model.

Block chain is a wonderful technology which will help us for our daily needs, it's like a extra income and if you have idea for long term investment then I am sure you will become millionaire in few years. Just don't think about the pumps and dumps, research and invest in a right coin and wait patiently.

The technology can't be erased and FYI so many times the governments and regulators have been trying to erase the technology but they can't/ This will become a massive trend in the future. I just try to take this as an opportunity to buy and more crypto dude. Remember it will be a very interesting thing to see that.

Of course not, because this technology helps to optimize a variety of mechanisms, so it seems to me that until something comes to replace the blockchain, it will not go anywhere!

Cryptocurrencies will take a significant place in the world economy. But for this it needs institutionalization-introduction into the world financial system, this will increase the level of trust of crypto. The main factors of integration of cryptocurrencies into the world are their use in banking services and payment services, this is not for today, unfortunately.

Blockchain is one of the prominent technology that has come to stay. We are yet to explore all the possibilities and potentials of blockchain technology. So, thinking that blockchain would disappear is not what should be conceived now. Therefore we need to be well informed on how to explore it, so that we can be part of this great revolution and it be left out. It is in use and will continue to be in use.

your confusion is understandable since all you have seen so far is shitcoins. the reality is that the blockchain technology is a great technology of our time. and the usage of it by a decentralized currency such as bitcoin has been great. it will never disappear, it is new and is improving day by day and is being adopted by more people and companies every day.

the thing is, because of this great success of bitcoin we keep on seeing other newbies trying to get their hands on some money by creating their own shitcoin and fill the market with a lot of them. so we ended up with a market that is filled 98% with useless junk instead of real things.

Nothing that's happening nowadays is because of the blockchain. Because of people who turn Blockchain into a conflict for their own personal interests.

Blockchain is a technological breakthrough for data management and security although it is still part of distributed ledger technology but blockchain caught an attention in IT industry and many technology company are developing and innovating blockchain technology and it is far from reality that it will disappear soon as it is still a rising technology needs further development.

Maybe your confusing of what you have read in an article. Blockchain technology would not be disappear it will stay for the lifetime only humans will disappear :). Every year the blockchain technology always have an innovations to be as a user friendly.

I agree with you, there should be no need to blame the blockchain because it all depends on the nature behind it, everything will change function when using it is not suitable for its use.

I've never think if blockchain still be used if there is no currency supporting into this. Blockchain technology become so popular just because of crypto coins and it is bonded strong to have a productive output resulting into benefits of the community and itself. 

The blockchain technology has broken into our modern world and has great prospects for the future. And blockchain-based cryptocurrencies can become an ideal payment system.

Yes,blockchain technology will not disappear,it has come to stay firmly, the benefits associated with the blockchain technology is so vast that it will not just fade out, we know that the crypto market is down now but it will soon recover. Thanks

Blockchain is a very interesting phenomenon that is not going to disappear. It is slowly integrating itself into almost every industry and will help to make the new industrial revolution. Lets see what happens in the next 5 years.

I strongly believe in backing the crypto assets with precious metals and find a sure way to secure any crypto wallet. Because, volatility and vulnerability are both primary issues of the blockchain tech.

Gigzi is the answer for this problematic. It is backing the crypto value with precious metals price giving it more stability. Moreover, using the iristech is a great way of protecting crypto wealth.. https://gigzi.com

i really doubt taht blockchain is going to disappear nad that it is nice for us to make soe  plans anbout the future right jow

I think that there is not a single chance for the blockchain to disappear. this technology has come for ages

Blockchain is not going to disappear no matter the forces against it at the moment that seems that is the way its going. I have read about projects done on blockchain by firms that have nothing to do with crypto currencies and more importantly they are reputable institutions with influence all over the economy. This point to the direction of the enormous potential that this technology has and the solution it tends to bring.

Blockchain as a terminology in the world of cryptocurrency cannot disappear overnight as many have adapt to the usage of the said Blockchain than DLT you mentioned. DLT does not explain the full meaning of Blockchain, i believe that DLT was derived from the traditional language and not the Blockchain.

No blockchain will not dissepear. These companies only doing something like these becasue of bear market. Bulls and bears is the important part of cryptospace. So these movements are normal. I agree with internet's situation comparing blockchains situation. I think blockchain will same hype in the future like internet. Only sometimes during prices are decreasing these companies try to stay away from blockchain word.

i do not think the blockchain will disappear so easily. just think about the .com bubble. it may have burst, but the internet and the successful internet companies have evolved and by now the .com market is much bigger than before the bubble burst. it could be the same with the crypto market, but that is just my opinion.

Blockchain technology is one of its kind and as such it won't disappear, rather it will evolve and incorporated into many sectors, all that is required is time and consistency. So to your question, Blockchain technology won't disappear.

that DLT is just too complicated to be used by so many people, most of us already familiar with the word blockchain so why bother to use DLT abbrevation which far more complicated than just saying blockchain, even it's the first time I hear that, so I'm not sure that word blockchain will dissapear.

Blockchain is a revolutionary technology which will change the economy we have now, like internet did. I remember the time of the start of the internet and we could see that the mass adoption took time and there were many obstacles on the way. Blockchain will be similar, but the mass use is more complicated, but more and more companies will see and use the benefits it provides.

it will not happen block chains will always live you can see how this technology begins to evolve around the world, it is being implemented in all areas of activity here is one of them # swachhcoin The project will pay people for their trash At the moment, the bonus is 25%, you can buy coins by the end of October. I advise you to see the project.

It will not disappear for sure. It may not have all the usage we have right now, we use blockchain in many stuff, specially ethereum blockchain is used in many places for many different type of companies and I feel like it would be exactly like internet dotcom bubble.

At the end there will be companies who go soaring into technological monopoly and be giants of the world just like apple, amazon and so forth came out stronger from that dotcom bubble. Some companies will die off into the sunset never to be seen again whereas some blockchain companies will be huge in their sectors. I feel like those huge big companies already exist right now but we just don't know which ones.

For example, the owner of cryptokitties the dapper labs could make some new games as well and become the blockchain gaming giant in the future. Same could happen in many different blockchain companies.

Blockchain is revolution financial technology of the century, even the coin is useless and not worthing anymore blockchain can be use for many transaction in financial system