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redwhite037
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May 21, 2018, 08:34:51 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?
Bitcoin is the good progress of blockchain technology. Blockchain is a technology that is use How to complete the transaction of cryptocurrency around the world |
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Whoever mines the block which ends up containing your transaction will get its fee.
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Watchy312
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May 21, 2018, 08:55:54 PM |
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There are so many other cryptocurrencies in Block chain technology in as much that bitcoin is the most popular coin. Even if bitcoin fails,I think yes! block chain can survive, everything is there foresight. Adaptable
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esprit man
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May 21, 2018, 09:06:08 PM |
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Bitcoin is very popular. I think blockchain can continue without bitcoin, it will not have any effect. But bitcoin needs blockchain. So there is no doubt that blockchain without bitcoin can not be run. I am sure that blockchain can continue. This is my opinion.
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LuciferEveningStar
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May 21, 2018, 09:14:38 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?
Blockchain is made in order for cryptocurrency to exist and that is the reason why bitcoins today is very popular and mining rigs as well are very popular because of the growth of bitcoins in the market. |
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tidus_13
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May 21, 2018, 09:17:58 PM |
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if it were not for the crypto currency, perhaps we would never have seen such a massive interest in the blockchain, since it was the opportunity to earn such a high demand. The emergence of new opportunities for attracting funding has given impetus to innovations even before the arrival of traditional investors. Crypto-currencies became the first product of the block. Nevertheless, over the past few years, interests have shifted away from themselves by crypto-currencies to tokens representing other projects.
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kimaru
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May 21, 2018, 09:37:14 PM |
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I really love Bitcoin and have a lot of respect for Satoshi. He revolutionized the world
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Sagitta_A
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May 21, 2018, 10:07:13 PM |
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Bitcoin has given rise to the blockchain technology, which is being widely utilized for functioning of other altcoins like Ethereum, Lightcoin, Dash, Wave. Almost all of them are working on the blockchain technology basis.
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Coinnosaurus
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May 22, 2018, 04:04:13 PM |
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I believe Blockchain can survive without bitcoin. Bitcoin is just one of the first and most well known uses of the blockchain technology. The potential impacts of the blockchain are considered so revolutionary that it has been compared to major advances like telephones, computers and the internet.
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brengoskandel
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May 22, 2018, 04:05:58 PM |
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Blockchain technology is the building block of bitcoin. Though bitcoin is just one of the many applications of blockchain and blockchain was made popular by bitcoin but it can surely without bitcoin. There are far too many applications of blockchain and with the projects coming up that use blockchain technology it surely will be the future of businesses
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markk94
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May 22, 2018, 04:06:36 PM |
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It could survive, because of it is not all about bitcoin in this blockchain technology. There are many project that already been settled and going on some development with this blockchain. When bitcoin dissapear, maybe there will be some shock in the market. But, it will gradually regenerating its trust again.
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Dr.Nina
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May 22, 2018, 04:11:30 PM |
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I think nothing will stop for another. If one things become disappear another things come forward and take the position of previous one. If BTC some how fall the another coin will take the position of BTC. So, there is no chance to stop the Block chain technology.
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pekavcilar01
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May 22, 2018, 04:12:36 PM |
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Absolutely !
Blockchain announces itself through bitcoin. Blockchain is a networked system. The crypto gained so much value because the stock exchange was blockchain-based. It was so popular because it was a fast and cheap system. Many banks are integrating BlockChain into their systems.
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KuyaBreezy (OP)
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ONe Social Network.
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May 22, 2018, 04:35:14 PM |
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well Bitcoin introduced Blockchain to the world, but as time goes by, its getting more recognition as most sectors of the economy are adopting it. and yes it can survive without BTC, basically blockchain is just an open and public ledger an bitcoin just used its platform to secure its transactions, doesn't mean that they are completely dependent on each other. It can therefore operate independently without Bitcoins
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Heartbreakeren
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May 23, 2018, 05:24:17 AM |
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Yes, definitely. Blockchain technology can be used in several other applications. I believe it has already started to be used for Instant Messaging apps and more and more companies and institutions are exploring the concept to improve their services.
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MudahDanHemat
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May 23, 2018, 07:22:35 AM |
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I think, at first blockchain will not be much known if without bitcoin, because in my opinion through bitcoin blockchain became famous. In the future blockchain technology can survive without bitcoin, because basically blockchain technology is the main thing in digital currency, especially now there are some banks that adapt blockchain technology into their systems and services. If bitcoin is missing it is not a problem for blockchain.
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pat231
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May 23, 2018, 07:46:34 AM |
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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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lissa brak
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May 23, 2018, 07:51:03 AM |
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It could be, but if the bitcoin is gone it will probably lower the person using the blockchain. Due to a sophisticated cryptographic protection system, Blockchain offers a much safer experience than traditional banking.
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Roadarks02
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May 23, 2018, 07:55:40 AM |
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Yes, definitely. Blockchain technology can be used in several other applications. I believe it has already started to be used for Instant Messaging apps and more and more companies and institutions are exploring the concept to improve their services.
[/quot
Yes blockchain can survive with out bitcoin on it. But as we all know that blockchain is created for bitcoin so it worked better in bitcoin. So far blockchain is being used in medical records, ledgers and also in some apps. So basically blockchain will survive |
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Raidal
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May 23, 2018, 02:32:34 PM |
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Of course, I think that blockchain technology can be applied to various businesses so without bitcoin, blockchain technology can also be successful. But if it is reversed, bitcoin will not survive without blockchain technology. Without blockchain, bitcoin is like a bicycle without a chain so can not walk. How great this blockchain technology is, I am so amazed! It's really smart people who created this blockchain technology!
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aizenbryle
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May 23, 2018, 02:50:24 PM |
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of course blockchain can survive even without bitcoin.we must understand that blockchain can be used for all transactions, even many banks that make blockchain to replace the previous server system.If we see blockchain from BTC prospects, we can say with confidence that there is no future of blockchain without cryptocurrency.
But with so many DAPPs now running over blockchain (thanks to ethereum), we can say blockchain can survive without cryptocurrency.
In fact, cryptocurrency is just one application that is running over blockchain, blockchain technology has prospects that are yet to be discovered by the human mind.
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