Can Blockchain Survive Without Bitcoin

[Nick Abimanyu]

The question however is, can blockchain succeed without bitcoin?

Although without bitcoin, blockchain technology has been successfully implemented into the world banking system. Not only that even some vehicle companies have adapted blockchain technology into the spare parts their own production for its status of authenticity.

[1714777526]

1714777526

[1714777526]

1714777526

[1714777526]

1714777526

[bennie4]

Yes, it will. Bitcoin has surely played a pivotal role to get Blockchain going and putting it where it is today. But I firmly believe that even if Bitcoin fails in future, the blockchain technology will prevail. Hundreds of interesting applications being launched on Blockchain tech and some of them will get traction for sure. Blockchain is here to stay! 

Blockchain is the best thing in the current 4.0 industry. Without bitcoin, the blockchain will grow very well, which is reflected in many industries that are using blockchain technology and production and management.

[Rozita]

I am sure that it can survive. All of us are aware of bitcoin problems. So there is Probability that bitcoin will not achieve its main goals. But blockchain is a new technology with many applications and it can be ignored and will change many things in future.

[codered000]

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.

[Chaki]

Yes, it will survive and it will look for a way to survive because some coins are still dependent on them, but removing bitcoin on the picture it will give big negative impact on their part....

[rajurathod18]

Yes offcourse blockchain will survive without Bitcoin and blockchain technology is growing world widely. Bitcoin is the first gift of the blockchain technology invented by Satoshi Nakamoto. Blockchain technology will grow more and more in future with new versions. Following are the evolution of blockchain technology
1 Blockchain 1.0 - invented by Satoshi nakamoto in 2008 who also invented digital currency which is BITCOIN
2 Blockchain 2.0 -  Smart contract big example of this is ethereum blockchain which was invented by Vitalik Buterin which widely used by new ICOs
3 Blockchain 3.0 - Dapps , A dApp is a ‘blockchain enabled’ website, where the smart contract is what allows it to connect to the blockchain. Its a decentralized application avoiding centralized infrastructure. Big example of this EOS and IOTA
4 Blockchain 4.0 - Making blockchain usable in industry, this will be the advanced version of Blockchain 3.0  to build trust between the industry sectors and people. For example SKYCHAIN ICO based on medical sector will be upgrading to blockchain 4.0 technology in mid 2019. Also lots of banking sectors to are involving in adapting blockchain technology. There lots of thing we will going to see from blockchain technology in future without Bitcoin.

[Anti-Cen]

Other alt-coins have been dragged down by Bitcoin instead of up since the miners were allowed to
charge $55 per transaction the other other month and word about this got out to the general public.

You don't need a maths degree to plot the fee chart against BTC price to see what crashed the price
but you can keep blaming China, Google and anyone else if that suites you.

Posts in the developments forum from software developers are being attacked or deleted by the party
faithful because they dare to bring up questions regarding the Lightning Network so do read between the
lines without making me spell it out and also read the lightning white paper regarding fees which you
can find here https://lightning.network/lightning-network-paper.pdf

[cypher1992]

a blockchain is a database.. more specific a hash chain based database... a technology. u can also ask if mysql will die when some mysql based apps will die.. surely no. but there will be much development e.g. scaling, parallelization of mining etc.. so yes it will change but not die.

[rollingstorm45]

there are two answers, namely can and can not
but what we need to remember is, Bitcoin is a pioneer of blockchain technology,
as long as Bitcoin is not present with blockchain technology, then all existing blockchain implementations on all platforms, should not exist

whereas now Bitcoin already exists, and very many platforms are adopting blockchain, as well as developing its technology

[Anti-Cen]

Bitcoin is the first gift of the blockchain technology invented by Satoshi Nakamoto.

Most of the technology comes from Bit-Torrent and you sound like this Satoshi is jesus so thank him
the next time you see him for building a system that won't scale, mega high Tx fees and for starting
CPU-Wars and for helping to warm up the planet.

oh yes, Linked lists (Block chain navigation) was around 40 years ago and we even have double linked lists
these days but I admit these cannot walk on water.

[Anti-Cen]

whereas now Bitcoin already exists, and very many platforms are adopting blockchain, as well as developing its technology

oh dear, you didn't get the email about "off-block" being better did you ?

Please read the lightning white paper because apparently off block chain is the new buzz phrase
so please sing in tune with the congregation and don't let the devil teach you that IOTA is ten times faster
than Bitcoin and even that's slow by today's standards

Lightning White paper is here https://lightning.network/lightning-network-paper.pdf so please turn to page twenty
two and sing......

[anthinguy21]

Blockchain can entirely survive without relying on Bitcoin. The fact is that many businesses have adopted Blockchain technology in producing products in areas such as automotive, travel, e-commerce, and supply chain. Future Blockchain technology will replace people completely and become a revolution in the 4.0 industry; machines will replace the entire human.

[dimastegar]

Blockchain will stay alive. Although Bitcoin is not created. Because Blockchain is a technology that is very promising for the development of how to transact in the world. Where each transaction will appear transparently.

[ngavanngo22]

Of course it can be . Blockchain doesn't depend on Bitcoin and cryptocurrency. Bitcoin and all other cryptocurrencies are just products created base on blockchain technology and crypto is not the only field that blockchain can be applied. People all over the world are trying to apply blockchain for so many other field but not only cryptocurrency.

[CoPil]

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?

Of course it can survive, even if it is based and derived from Bitcoin's network and function...  it doesn't mean that it can't stand alone or survive especially I think (personally) that it is more powerful and has a higher potential

[mi56374100]

For me, I buy bitcoin, and I just want it to go up, and then I'm going to switch to something I need, like the dollar. At this point, bitcoin and the block chain can be split up for me. I only have demand for bitcoins. I don't care what the blockchain is. In this case, there is no doubt that bitcoin is more valuable than the blockchain.

If bitcoin disappeared for some reason, a coin would be able to replace it as the leader of cryptocurrency.

[angrygroceries]

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 isn't "just a data structure". It's a network protocol. A data structure can exist in any local database. A blockchain cannot. Blockchain tokens are essential, and essentially valuable. The cryptocurrency is a product of the blockchain.
I disagree and I think we've discussed this already. You think a blockchain must be a distributed ledger with tokens. No. Blockchain is a linked list data structure. It can be on your PC without extra copies anywhere else. It can be with or without tokens. An implementation of distributed blockchain, with a token, with proof of work for updates makes up Bitcoin. Also throw in merkle-izing the data for easier traversal and whatnot.

[YED]

Like most things related to Bitcoin, this question engenders passion from two opposing sides. The fervent supporters of the currency scoff and say that of course the blockchain can’t be separated from Bitcoin, while detractors are just as certain that it can be, and probably should be. As is often the case when disagreement is so stark, there is an element of truth to both positions.

[CJPEREZ]

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.

[TRAID]

If bitcoin dies tomorrow it will take years for the crypto market to recover, but it eventually will. This is not happening though, bitcoin is here to stay