blockchain without bitcoin

[TKeenan]

Just because 73 percent voted that blockchain can exist doesn't mean it is true.
http://www.coindesk.com/73-of-finance-pros-think-the-blockchain-can-thrive-without-bitcoin/

In America, over 50% vote that God exists - this does nothing to bring about the actual existence of God.  

People can vote all day long - they are not in a position to determine why bitcoin the currency protects the integrity of the blockchain.  Rather, they just know 'bitcoin' is the funky thing which lots of sleazy people are using in extortion, drugs, fraud, scams.  'bitcoin' is tainted.  But, it doesn't matter, the blockchain doesn't exist without bitcoin.  

Thankfully, I remember 1992 - 1996 when 90% of the Internet was traffic related to porn and nobody imagined it would go anywhere and others looked for ways to shut it down.  Gotta love religion!

[Lauda]

Actually it is true. Bitcoin and blockchain technology can be seen as two separate innovations of our time. Both have benefits and could be very successful. I think that banks are trying to shift the focus towards blockchain for a reason.

[TKeenan]

Actually it is true.

You should study Antonopolis on this point.

[coinpr0n]

Actually it is true.

You should study Antonopolis on this point.

A witty / overly ideological joke won't change the fact that a blockchain can exist separately to Bitcoin. Not saying it will be a good idea, or secure or anything - but, yes, it can exist.

[Lauda]

You should study Antonopolis on this point.

Saying can != saying will. It might thrive and it might not.
I do not really have time to study that at the moment.

Bitcoin can't exists without a blockchain. A blockchain can exist without Bitcoin. That's a fact.

[7788bitcoin]

will the world still turn when humans are gone?

The earth will still turn when all humans are gone, but whether it turns or not is not going to matter anymore...

So if you have a blockchain without bitcoin, it is useful for some users but it most likely will not be able to achieve the same network effect without bitcoin.

[~Bitcoin~]

Bitcoin is only a type of coin that work on blockchain technology. These days banks are also doing research on blockchain tech to implement with their transaction system. But bitcoin is the first coin which have evolved with the blockchain technology. So technology will never die if even bitcoin dies due to low value. I hope bitcoin will not die soon.

[boopy265420]

They try to give all importance to blockchain to be able to start their own digital currencies and want to show Bitcoin is not that important for new financial system which will be based on blockchain tech.I don't think they can succeed to corner the Bitcoin and take what is good for them.Bitcoin will be core/base currency to set value of all blockchain based digital currencies in future.

[Velkro]

Actually it is true. Bitcoin and blockchain technology can be seen as two separate innovations of our time. Both have benefits and could be very successful. I think that banks are trying to shift the focus towards blockchain for a reason.

Its not true, blockchain wouldn't be secure without computing power and computing power comes to it BECAUSE of bitcoin.
One can't exist without another.

[7788bitcoin]

Bitcoin is only a type of coin that work on blockchain technology. These days banks are also doing research on blockchain tech to implement with their transaction system. But bitcoin is the first coin which have evolved with the blockchain technology. So technology will never die if even bitcoin dies due to low value. I hope bitcoin will not die soon.

I must add that the success of bitcoin is really the "network effect" as the very first cryptocurrency. There are so many other altcoins which have similar or even better features, but due to network effect, bitcoin is still the most widely accepted.

[okae]

everytime i see something like that, i mean that blockchain is the "Real" technology and banks are going to use this, i cant stop thinking on the first step from the elite to take control about it, why?

ofc that blockchain can live without bitcoin, the point here is: why banks want it? to create a new one coin?( because you can be 100% sure that soon or later it will happen )[/if], we already have one coin and is called BITCOIN.

[victoryboy]

I second you that the real innovation is blockchain not Bitcoin.That is the very reason the bankers and tech seekers want to take blockchain for further research and improvements to make it much more effective and maximum useful for future's financial system.

[Amph]

Actually it is true. Bitcoin and blockchain technology can be seen as two separate innovations of our time. Both have benefits and could be very successful. I think that banks are trying to shift the focus towards blockchain for a reason.

Its not true, blockchain wouldn't be secure without computing power and computing power comes to it BECAUSE of bitcoin.
One can't exist without another.

i think you can secure in another way, with pos, for example you don't need miners, and thus you can have another type of "bitcoin"

it's kinda true that blockchain does not need to have secruty in the form of bitcoin, but the real blockchain must be decentralized, and it is not what bank have in mind

[Mickeyb]

I second you that the real innovation is blockchain not Bitcoin.That is the very reason the bankers and tech seekers want to take blockchain for further research and improvements to make it much more effective and maximum useful for future's financial system.

No, the real innovation is decentralized blockchain which is in essence Bitcoin or some may argue that this is also any of the alts out there.

What banks what to do and what will they do is issue there closed, centralized blockchain system where they will as a central authority have the final say.

We all see how many resources are needed to run one decentralized system as Bitcoin. I doubt that they are ready to invest so much money just to create a Bitcoin 2 replica.

[okae]

We all see how many resources are needed to run one decentralized system as Bitcoin. I doubt that they are ready to invest so much money just to create a Bitcoin 2 replica.

i think thats the real key, the resources that bitcoin ALREADY have, is not easy to bring it up again for another "business", hell, i think that is impossible, maybe thats the reason bitcoin is not adopted en masse yet? ( i mean that they dont want to "play with us" and create another one ) because they really know that they cant do something similar like bitcoin is doing?

[newcripto]

Blockchain alone without Bitcoin is nothing.The whole idea was freedom,decentralization and cost effective transactions which make Bitcoin unique and powerful.Once the bankers will put hand on the blockchain there will be no more freedom but the same old system with centralization and high fees.

[n2004al]

Just because 73 percent voted that blockchain can exist doesn't mean it is true.
http://www.coindesk.com/73-of-finance-pros-think-the-blockchain-can-thrive-without-bitcoin/

In America, over 50% vote that God exists - this does nothing to bring about the actual existence of God.  

People can vote all day long - they are not in a position to determine why bitcoin the currency protects the integrity of the blockchain.  Rather, they just know 'bitcoin' is the funky thing which lots of sleazy people are using in extortion, drugs, fraud, scams.  'bitcoin' is tainted.  But, it doesn't matter, the blockchain doesn't exist without bitcoin.  

Thankfully, I remember 1992 - 1996 when 90% of the Internet was traffic related to porn and nobody imagined it would go anywhere and others looked for ways to shut it down.  Gotta love religion!

I am not a specialist in this field but I think that the answer is yes and not no. Fed and IBM are trying to "clone" blockchain and bitcoin. The clone is the same thing but another being. So it will exist the same blockchain (being in the same time another) and the same product (being in the same time another). Read for more here: https://www.cryptocoinsnews.com/ibm-federal-reserve-want-create-bitcoin-knock-off/

[franky1]

the blockchain can exist without bitcoin.

400 altcoins prove this.

but bitcoin/altcoins cannot exist without a blockchain

[electronicfactura]

Blockchain technology is revolutionary that's why tech guys want to take it to integrate in their system,whereas they see Bitcoin as real threat to their interests.This the reason we hear often big bankers and institutions talk only about blockchain technology to research and expansions of their operations in future.

[okae]

Blockchain technology is revolutionary that's why tech guys want to take it to integrate in their system,whereas they see Bitcoin as real threat to their interests.This the reason we hear often big bankers and institutions talk only about blockchain technology to research and expansions of their operations in future.

what you are saying is "truth", but IMHO what they will do is to create another one currency like bitcoin but under his control, so if they need to say that blockchain is an awesome technology blah blah blah to distract people and work in the shadows for his own currency, that is  what they will do.

Never forget, banks are always searching to take the control, they live for it, that's his business.