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Author Topic: Can Blockchain Survive Without Bitcoin  (Read 3723 times)
normensky012
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May 05, 2018, 07:46:19 PM
 #81



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?

Yes, of course, blockchain can continue to be used on other application other than bitcoin. Blockchain was invented for creating the bitcoin. The very idea of the blockchain has evolved as the time goes. Blockchain can be used to build a software infrastructure for other enterprise usage or technical usage such as in other form of networks.
Hotel_Prodeo
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May 05, 2018, 07:48:47 PM
 #82

Now ETH is also popular, and this is a sign that without bitcoin the cryptocurrency and blockchain can survive, the number of devs. and coins must be a big guarantee that the future of cryptocurrency and blockchain will continue to improve.


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normensky012
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May 05, 2018, 07:50:01 PM
 #83

no it can't, bitcoin and blockchain is one packged and can't survive without another one, blockchain exist because bitcoin and bitcoin can run with blockchain

I guess you quite confused with the idea of blockchain and bitcoin. Think of blockchain as an Operating system like Microsoft Windows and think of bitcoin as an application running on this OS, think of bitcoin as Microsoft office. You see. Remove the MS Office in the OS, you still have an OS that can run other applications such as Internet browsing software. That's how simply to put it. This idea was explained to me by a computer engineer.
SMSabuj
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May 05, 2018, 08:06:01 PM
 #84

I think Bitcoin is important for Blockchain technology. I think Blockchain technology is going popular for Bitcoin. Bitcoin makes Blockchain more popular. Even then if Bitcoin fails in future the Blockchain technology will survive. Because Blockchain technology is very popular all over the world. People want to move on Blockchain technology.
Giftedcrypt
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May 05, 2018, 08:07:58 PM
 #85

Blockchain cannot survive without bitcoin, because altcoins uses blockchain through bitcoin, to do transaction s.i think the effectiveness of block chain won't be there without bitcoin..
lisasteca
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May 05, 2018, 08:10:32 PM
 #86

Of course the Blockchain can survive without BTC. It is an infrastructure for the decentralized archiving of data and transactions that ensures their unalterability. It is a technology that will have great applications even without the BTC.
nararifki
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May 05, 2018, 08:12:20 PM
 #87

for now maybe blockchain technology can be succesfull without btcoin, because some countries already use the system from blockchain for various things. digital payment system etc. but if a few years ago, without bitcoin blockchain can't be succesfull.
that's my opinion.
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May 05, 2018, 08:37:10 PM
 #88

The blockchain is becoming very important for its potential to create a decentralized and absolutely unalterable accounting register that can ensure the regularity of transactions, procedures and contracts. Its survival is not linked to the btc. Even if a government banned the btc no government will ever ban the blockchain.

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BelieveInBTC
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May 05, 2018, 08:44:10 PM
 #89

The fall of Bitcoin would cause a lot of fear among investors and might lead to crash of other cryptocurrencies. However I think that the market would recover pretty fast because people seem to understand why they need cryptocurrencies. We don't want to become dependent from banks. We want to manage our own money. It would require some time but yes, Blockchain could survive and develop something better by looking at the history of Bitcoin. We learn on our mistakes.

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May 05, 2018, 08:45:58 PM
 #90

All the current blockchain creations and ideas have been brought so far by many great developers as the kind of blockchain that has been developed so bitcoin will disappear in the future will continue to evolve and new types of bQlockchain regarding future technologies. Cool
Olga1111
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May 05, 2018, 09:02:00 PM
 #91

Blockchain is the channel through which bitcoin transactions take place, it also supports other coin transactions and can therefore be independent of bitcoins.Yes, it will survive as bitcoin is just one project, whereas thousands are using it.
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May 05, 2018, 09:42:43 PM
Last edit: May 07, 2018, 06:40:22 PM by cmacwiz
 #92



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?
Yes, blockchain can succeed without bitcoin, bitcoin is the pioneer of blockchain and also the first working product on it, but without bitcoin blockchain can survive and that's why banks are adapting blockchain and not bitcoin. And that's the reason that we see that banks are not accepting crypto payments and also the government departments are also doing the same as due to their mindset that bitcoin is a bad thing and can only be used to transact at illicit places.
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May 05, 2018, 09:47:35 PM
 #93

sure becourse the blockchain technology is open source so not only many other coins still using it !
Also companys like hollywood and banks still working with the chain Wink



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TrumpD
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May 05, 2018, 09:53:07 PM
 #94

This is for sure very possible. However, I would say it is as a result of Bitcoin's success that Blockchain got more attention with regards to crypto. Now a lot of people have realized that different projects can be conceived using blockchain technology and it doesn't have to be cryptocurrency related. For example there are already talk about using blockchain tech to have live data on climate change activities: http://www.responsiblebusiness.com/sdg-action/prosperity-news/blockchain-secret-weapon-fight-climate-change/

So yes, different uses for blockchain, so it is not dependent on bitcoin.
crossabdd
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May 05, 2018, 09:59:39 PM
 #95



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 can survive without bitcoin. it's like a snack and its name, can you eat this snack even without a name? if we understand, bitcoin is just a blockchain complementary tool. because that has a high value is blockchain. this is a bitcoin system. networks that support bitcoin to work. blockchain without bitcoin will stay alive, but Bitcoin without the blockchain is like a pack of cigarettes. useless, and can not be used.
Marma Kalari
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May 06, 2018, 03:52:04 AM
 #96

Yes that is possible, but i think that if bitcoin will not survive it will have a huge impact on all other crypto currencies and on blockchain, because bitcoin has too much contribution in making blockchain popular and if bitcoin will not survive it will really effect the image of blockchain too much.
There is nothing common with bitcoin and blockchain, satoshi showed how blockchain can be used to sort many issues without a central trust with the help of a blockchain and so blockchain can we used in a wider area than just bitcoin, blockchain will be used world wide to validate things and companies around the world with use that technology even if they do not use bitcoin.

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longminh123
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May 06, 2018, 04:08:22 AM
 #97



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?
From my personal point of view, Blockchain will still succeed without bitcoin. Because there will be some other talented people who will take advantage of the Blockchain platform like bitcoin that has found Blockchain.
Bitcoin currently has a very good future, as investors have realized the true value of Blockchain technology and the increased capitalization of the investment market.
d0flaming0
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May 06, 2018, 04:16:15 AM
 #98



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?
From my personal point of view, Blockchain will still succeed without bitcoin. Because there will be some other talented people who will take advantage of the Blockchain platform like bitcoin that has found Blockchain.
Bitcoin currently has a very good future, as investors have realized the true value of Blockchain technology and the increased capitalization of the investment market.
although it seems quiet impossible that bitcoin will vanished, if that might happen i share your opinion that still blockchain will exist and be able to survive, and since there are still lots of coins in the market that needs the help of blockchain, even bitcoin is the mother of all coins might disappear still that doesn't affect the blockchain technology.
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May 06, 2018, 04:26:46 AM
 #99

BTC is an application of block chain, there will be other encrypted money without BTC!

As the block chain of the underlying technology, the future has broad application prospect!

Many large companies are joining the research of block chain, block chain is revolutionary technology!
fndsr
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May 06, 2018, 05:06:44 AM
 #100



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?
it might happen if there are coins that can match the success and superiority of bitcoin because we also know that bitcoin is the pioneer of crypto currency creation, and chances are also Blockchain will also disappear if bitcoin is lost, we all can not know for sure it's all that matters take advantage of the current opportunities to invest with bitcoin

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