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fortuneteller
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March 22, 2018, 08:08:19 AM
Merited by Fantastic33 (1)
 #1

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 Cheesy
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March 22, 2018, 08:12:10 AM
 #2

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.

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March 22, 2018, 08:21:29 AM
 #3


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

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March 22, 2018, 08:25:13 AM
 #4

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 Cheesy

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

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March 22, 2018, 08:34:36 AM
 #5

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.

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March 22, 2018, 08:40:26 AM
 #6

this topic doesn't make any sense Cheesy
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?

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March 22, 2018, 08:45:07 AM
 #7

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.





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angelakrasnova
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March 22, 2018, 09:10:31 AM
 #8

The idea is to create a system that without blocking, which binds the entire system and transfers and transactions can not exist separately bitkoyna.
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March 22, 2018, 09:19:03 AM
 #9

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.

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March 22, 2018, 09:26:20 AM
 #10

Bitcoin is based on blockchain technology, and it's not that easy for blockchain to perish overnight.
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March 22, 2018, 09:27:03 AM
 #11

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.

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March 23, 2018, 11:07:08 PM
 #12

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.
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March 23, 2018, 11:35:38 PM
 #13

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.

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March 24, 2018, 04:50:40 AM
 #14

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.
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March 24, 2018, 05:13:34 AM
 #15

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.
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March 24, 2018, 05:57:15 AM
 #16

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.
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April 11, 2018, 02:05:11 PM
 #17

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
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April 23, 2018, 04:44:26 AM
 #18

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).
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April 23, 2018, 05:10:07 AM
 #19

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♥️
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