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Bitcoin => Bitcoin Discussion => Topic started by: komsan on December 07, 2018, 12:13:51 AM



Title: Can Blockchain technology survive without Crypto currency?
Post by: komsan on December 07, 2018, 12:13:51 AM
Sorry for this naive question. But I always have this doubt in my mind.
In my opinion, it should not since Blockchain is engine and Cryto is fuel.
Anyhow, I am afraid that I might be wrong.

Cryptocurrency in this Cryptonomics seems promising but lacking of adoption I would need more advice from your guys.



Title: Re: Can Blockchain technology survive without Crypto currency?
Post by: MaryStrain.io on December 07, 2018, 12:17:58 AM
YES.  not all blockchain projects have a token/crypto.  Not a terrible question.


Title: Re: Can Blockchain technology survive without Crypto currency?
Post by: seoincorporation on December 07, 2018, 12:21:05 AM
Sorry for this naive question. But I always have this doubt in my mind.
In my opinion, it should not since Blockchain is engine and Cryto is fuel.
Anyhow, I am afraid that I might be wrong.

Cryptocurrency in this Cryptonomics seems promising but lacking of adoption I would need more advice from your guys.

Cryptocurrencies are just one application of blockchain, and if all cryptocoins get banned the technology will survive, because the application it has is huge. Blockchain offers a new and revolutionary way to manage databases, so, with or without cryptocurrencies blockchain has come to stay with us.


Title: Re: Can Blockchain technology survive without Crypto currency?
Post by: komsan on December 07, 2018, 12:22:34 AM
YES.  not all blockchain projects have a token/crypto.  Not a terrible question.

So, with your answer, why do we need Cryptocurrency then? It seems what we love are benefits of Blockchain.


Title: Re: Can Blockchain technology survive without Crypto currency?
Post by: franky1 on December 07, 2018, 12:40:12 AM
its like asking

bank account data is saved on databases.
can databases survive without a bank involved

yes
data within a blockchain does not need to be financial
data within a database does not need to be bank records


Title: Re: Can Blockchain technology survive without Crypto currency?
Post by: superstarbtc on December 07, 2018, 06:17:00 PM
the blockchain is the backbone for cryptocurrency all the innovation projects development on blockchain are issued tokens in cryptocurrency format. both blockchain and crypto currency are useful in the market


Title: Re: Can Blockchain technology survive without Crypto currency?
Post by: jointherevolution on December 07, 2018, 06:20:36 PM
In way that I see it blockchain is new technology that does not depend on crypto coin at all. So I believe that yes, blockchain can survive without coins an can be used for other things.


Title: Re: Can Blockchain technology survive without Crypto currency?
Post by: komsan on December 07, 2018, 06:45:27 PM
Sorry for this naive question. But I always have this doubt in my mind.
In my opinion, it should not since Blockchain is engine and Cryto is fuel.
Anyhow, I am afraid that I might be wrong.

Cryptocurrency in this Cryptonomics seems promising but lacking of adoption I would need more advice from your guys.

Cryptocurrencies are just one application of blockchain, and if all cryptocoins get banned the technology will survive, because the application it has is huge. Blockchain offers a new and revolutionary way to manage databases, so, with or without cryptocurrencies blockchain has come to stay with us.

Thank you.

Anyway, your answer makes me nervous more about Crypto.
Mind I ask why you still believe in Crypto even Blockchain can survive by itself?

In my opinion, US Government will utilize Blockchain for using their own token.
In that case, how BTC will be value in that circumstance. I mean if all Blockchains are surviving individually....


Title: Re: Can Blockchain technology survive without Crypto currency?
Post by: Compiler on December 07, 2018, 06:54:37 PM
The Blockchain YES can survive without the support of the cryptocurrency. They were born together, but they can be separated. Equally the most affected would be the crypto because blockchain is what makes it work


Title: Re: Can Blockchain technology survive without Crypto currency?
Post by: Dreamace7 on December 07, 2018, 07:00:04 PM
One major reason of blockchain technology is cryptocurrency other there other uses that can be applied on the blockchain technology but cryptocurrency is a major factor


Title: Re: Can Blockchain technology survive without Crypto currency?
Post by: Cryptoshops on December 07, 2018, 10:44:18 PM
Definitely yes, we are allready seeing more and more companies using Blockchain technology who have nothing to do with cryptocoins.  I believe that Blockchain will outlive cryptocoins.


Title: Re: Can Blockchain technology survive without Crypto currency?
Post by: abojamal on December 07, 2018, 10:54:52 PM
Sorry for this naive question. But I always have this doubt in my mind.
In my opinion, it should not since Blockchain is engine and Cryto is fuel.
Anyhow, I am afraid that I might be wrong.

Cryptocurrency in this Cryptonomics seems promising but lacking of adoption I would need more advice from your guys.



I love to ask
Is blockchain capable of being a locomotive for crypto adoption?
Or at least a strong and positive publicity for the crypto
I hope the answer is yes ;)


Title: Re: Can Blockchain technology survive without Crypto currency?
Post by: PointHope on December 07, 2018, 11:06:51 PM
Interesting question, I think we have the budding blockchain industry because of Bitcoin.

Without the Bitcoin miners there would be no Bitcoin.

Without the Bitcoin rewards for miners there would be no Bitcoin mining.

Seems to me Bitcoin is the key component


Title: Re: Can Blockchain technology survive without Crypto currency?
Post by: Indrawan77 on December 08, 2018, 01:26:46 AM
Blockchain will survive without the crypto currencies, crypto is just one of the things that used blockchain technology, and crypto also the one that make blockchain become famous, but now blockchain already being develop into a lot of sectors, so blockchain does not rely on crypto, infact crypto is the one rely on blockchain, without blockchain crypto won't be appear


Title: Re: Can Blockchain technology survive without Crypto currency?
Post by: btc-room101 on December 08, 2018, 01:43:42 AM
Sorry for this naive question. But I always have this doubt in my mind.
In my opinion, it should not since Blockchain is engine and Cryto is fuel.
Anyhow, I am afraid that I might be wrong.

Cryptocurrency in this Cryptonomics seems promising but lacking of adoption I would need more advice from your guys.




BLOCK-CHAIN gave birth to shit-coin,

There is no utility in Block-Chain other than creating more shit.

Does this answer your question?

Block-Chain is software & data-structure, Crypto is virtual game that morons play.


Title: Re: Can Blockchain technology survive without Crypto currency?
Post by: libert19 on December 08, 2018, 03:55:23 AM
It will, cryptos are not necessary for Blockchain to survive. Some governments are looking into Blockchain technology for their applications.


Title: Re: Can Blockchain technology survive without Crypto currency?
Post by: Pursuer on December 08, 2018, 04:34:36 AM
Sorry for this naive question. But I always have this doubt in my mind.
In my opinion, it should not since Blockchain is engine and Cryto is fuel.
Anyhow, I am afraid that I might be wrong.

Cryptocurrency in this Cryptonomics seems promising but lacking of adoption I would need more advice from your guys.

Cryptocurrencies are just one application of blockchain, and if all cryptocoins get banned the technology will survive, because the application it has is huge. Blockchain offers a new and revolutionary way to manage databases, so, with or without cryptocurrencies blockchain has come to stay with us.

Thank you.

Anyway, your answer makes me nervous more about Crypto.
Mind I ask why you still believe in Crypto even Blockchain can survive by itself?

In my opinion, US Government will utilize Blockchain for using their own token.
In that case, how BTC will be value in that circumstance. I mean if all Blockchains are surviving individually....

the same way that bitcoin is valuable right now despite US government owning and printing US dollar which is a centralized form of money in physical form. if they change that form from physical to digital or to crypto that still doesn't change anything about bitcoin, bitcoin will still remain the same old decentralized cryptocurrency without inflation.


Title: Re: Can Blockchain technology survive without Crypto currency?
Post by: Andruha1993 on December 11, 2018, 12:08:28 PM
Sorry for this naive question. But I always have this doubt in my mind.
In my opinion, it should not since Blockchain is engine and Cryto is fuel.
Anyhow, I am afraid that I might be wrong.

Cryptocurrency in this Cryptonomics seems promising but lacking of adoption I would need more advice from your guys.


I never thought about it. But it seems to me that the blockchain can easily live without cryptocurrency. Since I saw some projects that did not need a token.


Title: Re: Can Blockchain technology survive without Crypto currency?
Post by: Jhonyguy on December 11, 2018, 12:10:10 PM
don't know about crypto but block chain will never die


Title: Re: Can Blockchain technology survive without Crypto currency?
Post by: unusualfacts30 on December 11, 2018, 12:42:01 PM
Sorry for this naive question. But I always have this doubt in my mind.
In my opinion, it should not since Blockchain is engine and Cryto is fuel.
Anyhow, I am afraid that I might be wrong.

Cryptocurrency in this Cryptonomics seems promising but lacking of adoption I would need more advice from your guys.



Yes,  I don't think its a stupid question but blockchain in itself has variety of uses that may or may not be related to cryptocurrency. If you look around you will find out that there are many businesses who are using blockchain but you will not hear anything about them due to them not being in the crypto business and many businesses are choosing to implement blockchain in their system without implementing cryptocurrency which is not required as I mentioned.


Title: Re: Can Blockchain technology survive without Crypto currency?
Post by: bitfocus on December 11, 2018, 01:20:34 PM
Yes, crypto is just a bi-product of the Blockchain.


Title: Re: Can Blockchain technology survive without Crypto currency?
Post by: dothebeats on December 11, 2018, 01:20:47 PM
Of course, since blockchain is just, in essence, a database and a ledger, storing information within its chains of block. It does not necessarily need to mint a token/coin in order to use the tech as production of new data in the process could form chains of blocks of data, too. It can be implemented wherever viable, and a secure way of handling data and validation, too that's why some banks, countries and institutions are already exploring the possibilities for blockchain applications.


Title: Re: Can Blockchain technology survive without Crypto currency?
Post by: kryptqnick on December 11, 2018, 05:48:58 PM
Sorry for this naive question. But I always have this doubt in my mind.
In my opinion, it should not since Blockchain is engine and Cryto is fuel.
Anyhow, I am afraid that I might be wrong.

Cryptocurrency in this Cryptonomics seems promising but lacking of adoption I would need more advice from your guys.

Cryptocurrencies are just one application of blockchain, and if all cryptocoins get banned the technology will survive, because the application it has is huge. Blockchain offers a new and revolutionary way to manage databases, so, with or without cryptocurrencies blockchain has come to stay with us.
I agree with this. Blockchain is known mainly as a cryptocurrency technology, but its applicability is far from being limited by cryptos. Sure, if people stop using cryptos, the interest to the technology would probably go down as well since that's how blockchain was introduced in the first place. Nevertheless, there've been already cases of rejecting existing cryptos and welcoming blockchain technology by various companies. I think that it's sad that this technology is not explored enough. This new way of storing date could have an infinite amount of application. Cryptos are important, but blockchain is a lot more than them. We tend to ignore it while consentrating on price dynamics.


Title: Re: Can Blockchain technology survive without Crypto currency?
Post by: TusharMali99 on December 11, 2018, 06:02:56 PM
Sorry for this naive question. But I always have this doubt in my mind.
In my opinion, it should not since Blockchain is engine and Cryto is fuel.
Anyhow, I am afraid that I might be wrong.

Cryptocurrency in this Cryptonomics seems promising but lacking of adoption I would need more advice from your guys.

Yes Blockchain will survive as Cryptocurrency is an application of Blockchain technology.
Blockchain technology Has several use cases, among which are general administration, medical record-keeping, education system, and digital identity cards etc.


Title: Re: Can Blockchain technology survive without Crypto currency?
Post by: jatin729 on December 11, 2018, 06:08:55 PM
According to me it will survive because Crypto currency is one the application of blockchain technology. It is not limited on crypto only. we have many projects are being in developing phase in many sectors i.e. Logistics and supply chain management, storing personal data, media industry etc...
But i have one question in my mind as we know blockchain require miners for confirming block, and now miner get some crypto as mining reward if there is no crypto than how miner will get reward ?


Title: Re: Can Blockchain technology survive without Crypto currency?
Post by: mayax on December 11, 2018, 06:29:31 PM
Blockchain = a data base and nothing more.

a data base can be used for many, many, many things... other than a cryptoshit transaction.


Title: Re: Can Blockchain technology survive without Crypto currency?
Post by: yrrehc16 on December 11, 2018, 07:05:01 PM
Yes, it will survive, blockchain is an upgraded thing of saving file in the community we can't stop it.
though cryptocurrency is all about the demand from the people so we don't know.
but! if we will be smart we do know what we will do!


Title: Re: Can Blockchain technology survive without Crypto currency?
Post by: Wingleness on December 11, 2018, 07:13:29 PM
The Blockchain Technology brought in the knowledge and concept of cryptocurrencies thus I don't think blockchain technology can fully survive without cryptocurrencies.


Title: Re: Can Blockchain technology survive without Crypto currency?
Post by: arnelandvik on December 11, 2018, 07:15:25 PM
I think it's more of a yes, rather than no. The blockchain technology could be implemented in different spheres. Nowadays IT technologies keep on developing pretty rapidly. I suppose once the transport system and airlines could completely be switched to the blockchain. As far as I know, such discussions occurred last year


Title: Re: Can Blockchain technology survive without Crypto currency?
Post by: Bonsaiav on December 11, 2018, 08:09:21 PM
I think cryptocurrency is the only technology that is feasible and appropriate to run and place above the blockchain network. When viewed from the side of its performance, the collaboration is both very harmonious and perfect thus making both of them far from a significant negative gap.

Sorry for this naive question. But I always have this doubt in my mind.
In my opinion, it should not since Blockchain is engine and Cryto is fuel.
Anyhow, I am afraid that I might be wrong.

Cryptocurrency in this Cryptonomics seems promising but lacking of adoption I would need more advice from your guys.

True, most state organizers prefer to adopt blockchain technology rather than crypto currencies which they consider to be detrimental to the banking sector. But over time, blockchain technology seems to have undergone development and changes in usage meaning that it's not just crypto, but can also be used for the benefit of other sectors, for example: banking transactions, ticket sales, correspondence and automotive companies producing spare parts vehicles.


Title: Re: Can Blockchain technology survive without Crypto currency?
Post by: felicita on December 11, 2018, 08:19:01 PM
yes i guess it can survive be course its still involved in many other technology's then Currency's.
As blockchain is a great database its still used to store info for firms and in other businesses .

regards


Title: Re: Can Blockchain technology survive without Crypto currency?
Post by: Wingo on December 11, 2018, 09:12:04 PM
It is possible, IBM is developing blockchain PoCs for company use.
Reference:
https://hackernoon.com/is-there-a-chance-for-blockchain-without-cryptocurrencies-2e6afa924549

Cryptocurrencies were just used in order to incentivise the people who works for the growth of the crypto community, to reward miners, and usually for ICOs in order to raise funds. Cryptocurrencies are not the only product of blockchain technology it just became too mainstream because some cryptocurrencies increased great in value overtime.


Title: Re: Can Blockchain technology survive without Crypto currency?
Post by: Al-e_x on December 11, 2018, 10:33:42 PM
crypto does not create blockchain, but, the blockchain creates crypto, and then blockchain and crypto cannot be separated.

but, crypto will not work without the blockchain, because crypto transactions will create a new block.


Title: Re: Can Blockchain technology survive without Crypto currency?
Post by: Emilyp on December 11, 2018, 10:56:28 PM
In the affirmative, blockchain is the technology and it's not dependent on cryptocurrency for survival, instead cryptocurrency depend on blockchain.


Title: Re: Can Blockchain technology survive without Crypto currency?
Post by: TopT3ns on December 12, 2018, 04:54:47 AM
I think blockchain will survive because crypto who adopt it and not blockchain need crypto. Even in this world, almost everything adopt blockchain because it's technology. That is why even no crypto, blockchain will still exist.


Title: Re: Can Blockchain technology survive without Crypto currency?
Post by: bayu7adi on December 12, 2018, 06:13:54 AM
Cryptocurrency is a product of the blockchain, this digital currency utilizes blockchain technology to get more security at the time of the transaction
the blockchain is like a heart
while cryptocurrency is like a pair of legs

so the answer is yes, the blockchain will be able to survive without cryptocurrency


Title: Re: Can Blockchain technology survive without Crypto currency?
Post by: beatzcoin123 on December 12, 2018, 06:30:25 AM
The answer is NO, yes i will agree not all blockchain project has a token, but the blockchain technology though will survive but not for too long without crypto currency. The main reason the blockchain technology is gaining adoption may be traceable to crypto currency.


Title: Re: Can Blockchain technology survive without Crypto currency?
Post by: Shatterlean22 on December 12, 2018, 08:20:35 AM
If cryptocurrency doesn't survive blockchain will, but I guess its too late for that now because many good works and projects are already running on blockchain technology excluding tokens that's actually making cryptocurrency lose face.


Title: Re: Can Blockchain technology survive without Crypto currency?
Post by: dr.hopkins on December 12, 2018, 08:26:52 AM
Of course yes! Cryptocurrencies are only the tip of the iceberg. The blockchain technology is a breakthrough in information security. I'm sure that this is onle the begining.


Title: Re: Can Blockchain technology survive without Crypto currency?
Post by: canadian33 on December 12, 2018, 08:55:26 AM
No one really knows. I can assume that yes


Title: Re: Can Blockchain technology survive without Crypto currency?
Post by: Nnedaddy1 on December 12, 2018, 09:19:17 AM
Firstly, it was the creation of bitcoin(Cryptocurrency) that gave rise to the era of the blockchain technology.
So from my own understanding , blockchain technology cannot survive without Cryptocurrency.
The businesses that are running on blockchain technology cannot run smoothly without Cryptocurrency.......since transactions are done using Cryptocurrency.


Title: Re: Can Blockchain technology survive without Crypto currency?
Post by: biskitop on December 12, 2018, 09:31:30 AM
I don't think so, because the blockchain is only used by crypto, and if crypto disappears, the blockchain will disappear because no platform will adopt it other than crypto.