joebrook
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May 08, 2018, 09:18:02 PM |
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Bitcoin is better due to the advancement of the blockchain technology. I believe the question should have been asked in the opposite direction. Blockchain is a technology that is meant to add value to how transactions are done in world of cryptocurrencies.
I think it’s rather a hgood Blockchain that’s the backbone and it’s that bitcoin wouldn’t really survive without it no wonder almost every institution and countries are now adopting it.
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12tribes
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May 08, 2018, 09:20:53 PM |
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The simple answer is a yes.
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Thomas petersen
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May 08, 2018, 09:43:21 PM |
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Blockchain doesn't need Bitcoin to run. To my knowledge Blockchain was invented by Satoshi Nakamoto to use the principle of cryptocurrency Bitcoin. And now a lot of coins have emerged using this technology. Surely it was invented only for Bitcoin but nowadays it is used in various aspects beside cryptocurrency. Like tracking refugees, creating financial avenues, preventing voter fraud and so on.
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ashlyvash00
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May 08, 2018, 09:48:33 PM |
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Im not sure about it because many people said that if bitcoin gonna die all crypto currency will also died. So if theres no currency how can the blochchain use?
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zolfa
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May 08, 2018, 10:11:24 PM |
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yes, I think blockchain always survive if without bitcoin, because blockchain is like a push engine. and bitcoin being machine-driven objects.
but bitcoin will not work without blockchain, meaning that bitcoin will survive because of the blockchain system.
blockchain that attracts a lot of public attention, blockchain that can give satisfaction to the public, and blockchain that makes the volume and spreading bitcoin become high.
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Ishiro5
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May 08, 2018, 10:19:08 PM |
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Funny to see some countries adopt blockchain technology and have strict or anti-crypto laws. Yes blockchain can exist without bitcoin, I believe but what would be the currency of reward on that blockchain, if that's sorted, then yea.
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Kjara
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May 08, 2018, 10:22:56 PM |
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Blockchain is a technology and Bitcoin is a coin. Blockchain can run an unlimited variety of such coins like Bitcoin. All coins in the crypto market are based on blockchain technology. And what is the main is that blockchain can run not only coins, but any kind of transactional data.
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marcous
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May 08, 2018, 10:45:50 PM |
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yes because bitcoin is supported by blockchain technology and not just bitcoin using blockchain technology for sure! and many already used blockchain technology to industrial and manufacturing interests.
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Ains_sama
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May 08, 2018, 11:16:49 PM |
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Blockchain Technology was driven to fame by its application on Bitcoin Gold due to its encryption that has been considered hacker proof. Bitcoin has been used as a reference to its success, providing a secure network for users.
The question however is, can blockchain succeed without bitcoin?
technology of bitcoin is supported by blockchain. can blockchain survive without bitcoin. it's very easy guys. bitcoin just wrap for blockchain. it is like a land and a tree. you can give a lot of trees. but without land you can not plant trees. blockchain without bitcoin is fine. bitcoin without blockchain is dead.
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bncbnc
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May 09, 2018, 04:33:42 AM |
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Blockchain is a technology and Bitcoin is a coin. Blockchain can run an unlimited variety of such coins like Bitcoin. All coins in the crypto market are based on blockchain technology. And what is the main is that blockchain can run not only coins, but any kind of transactional data.
Yes that is right that bitcion is just a coin, but i think that blockchain without bitcoin or some other currencies is useless, in current time people using blockchain for dealing coins, so if we eliminate bitcoin from blockchain it will only remain a technology of no use, so we can say that both have a very close relation with each other,
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BIRC
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May 09, 2018, 04:45:24 AM |
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The question however is, can blockchain succeed without bitcoin? >>> Of course yes.
Bitcoin is so famous because it is the first crypto-currency, but it is just a product/application of blockchain technology.
You can say blockchain is mother and Bitcoin is child. Without child mother of course can still survive.
Bitcoin is just Bitcoin, but with blockchain people can create more coins in the future.
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aitrading
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May 09, 2018, 09:16:40 AM |
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Definitely, it will survive. Blockchain is a key to create more great things in the future.
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munareal
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May 09, 2018, 09:27:46 AM |
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Yes block chain can survive without bitcoin . Block chain is the technology behind bitcoin and can be used for many things in all aspect of life.Like entertainment , manufacturing, agriculture , medicine, education , technology and so much more
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lauranaura67
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May 09, 2018, 09:54:10 AM |
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I think yes. Technically speaking, there are better and faster cryptocurrencies than bitcoin. It's the blockchain technology that counts, not any particular coin. So, yes, it's possible for some other well established coin to replace btc in the long run. But that's not happening anytime soon.
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yanesna3
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May 09, 2018, 10:02:18 AM |
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Yes it can survive the blockchain without the bitcoin they have probability that they have another coin that replace in blockchain to show the transaction but bitcoin will not survive without blockchain it can use to money laundry so the bitcoin industry will do anything to stop bitcoin.
Maybe yes but it will be very difficult. I hope that Bitcoin will be used for many years( maybe for dozens of years or more) and it will bring us many pros.
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Happydd
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May 09, 2018, 10:16:06 AM |
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Blockchain Technology was driven to fame by its application on Bitcoin Gold due to its encryption that has been considered hacker proof. Bitcoin has been used as a reference to its success, providing a secure network for users.
The question however is, can blockchain succeed without bitcoin?
I think blockchain can be used in many different areas, not just bitcoin. This system can exist without depending on bitcoin. But I think it's best to use blockchain in bitcoin. The electronic currency is applying the Blockchain technology that one of the typical applications. Although many people are misunderstanding that Blockchain is considered Bitcoin, in fact, Bitcoin is only the first application running on the Blockchain system.
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Craigjohnstone
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May 09, 2018, 10:16:58 AM |
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Yes. Blockchain will be here for the long term. The technology has proved itself to work decentralised. Being decentralised it has achieved something that many before have failed doing. Once the financial institutions have put it to the test and then the institutions see the full capacity of what blockchain can do for them.
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Crypto_Freezy
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May 09, 2018, 10:18:43 AM |
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Yes now block chain can survive without bitcoin as there are many good coins in the market. But still BTC is the king of the crypto world forever..
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Finestream
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May 09, 2018, 11:11:22 AM |
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Yes now block chain can survive without bitcoin as there are many good coins in the market. But still BTC is the king of the crypto world forever..
I agree.There are really good potential coins that are newly introduced in the crypto market but i believe bitcoin is still the best crypto coin ever created.However blockchain technology will be able to survive even without bitcoin since people nowdays are already smart enough to invest in blockchain technology alone.
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LooBaao
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May 09, 2018, 12:40:36 PM |
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yes because bitcoin is supported by blockchain technology and not just bitcoin using blockchain technology for sure! and many already used blockchain technology to industrial and manufacturing interests.
Well, now many business forms are developed on the Blockchain platform, so not only BTC, BTC is only the first virtual currency developed on Blockchain. Assuming the BTC is gone, Blockchain is still alive and developing around the world.
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