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Author Topic: Can Blockchain Survive Without Bitcoin  (Read 3719 times)
jurelmartin
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May 13, 2018, 12:41:08 AM
 #161



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?

Definitely yes, The blockchain was already developed back when bitcoin still not created. This technology was adopted and improved by satoshi for using it as a backbone of bitcoin. Today, there are a lot of companies that studying it so that they can also use the power of blockchain technology, so its not just for bitcoin, it can be used by many more
cryptojenna
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May 13, 2018, 12:55:31 AM
 #162



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, blockchain is a technology that was of course pioneered by Bitcoin and 'Satoshi Nakomoto' but if for any reason BTC was to become no more, the underlying tech is still just as sound for other blockchain projects. The genie has been let out of the bottle and will not go back in Smiley
Memenya
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May 13, 2018, 01:09:55 AM
 #163

As evidenced by the marketcap of all cryptos, they mostly increase as Bitcoin increases and decrease as Bitcoin decreases. This is mainly because bitcoin is the most popular crypto and anyone who mentions blockchain technology attaches bitcoin as one of the core features. I believe that bitcoin to some extent holds blockchain technology and it will be difficult for blockchain to survive without bitcoin.
Bitcoin can not be surviving wothout blockchain and its true because the bitcoin is hold in blockchain technology. No blockchain and no bitcoin.
But now in the opposite, blockchain can survive without bitcoin because its adopted not only in bitcoin but the other coin too. It will be big impact where people will decrease the believe of this technology but time will answer everything that blockchain can get up without bitcoin.
alvinmtp
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May 13, 2018, 01:11:06 AM
 #164

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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May 13, 2018, 01:18:08 AM
 #165

early 2014 one and only solution for blockchain is bitcoin, but now there are so many solutions/competitors for bitcoin, sure blockchain can survive without bitcoin...... Wink Wink

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feiss
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May 13, 2018, 01:27:50 AM
 #166

Most definitely yes! It's bitcoin that won't survive without Blockchain. The advent of Blockchain technology offers a lot of applications not only in the cryptocurrency space. Applications in the Internet of Things, Smart Contracts for healthcare, music and so much more. Blockchain brings more to the table and is independent whether cryptocurrency exists or not. Sure, Blockchain was initially developed for applications in the cryptocurrency space, but it turns out to be a much more promising innovation.

PalindromemordnilaP
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May 13, 2018, 01:31:43 AM
 #167

We already know bitcoin's rule in the cryptoworld and how cryptoworld is going to look like if bitcoin doesn't exists anymore. Though cryptoworld will never be the same again, but i think it will slowly start a new story of its own as a new alt coin is going to take over in the absence of bitcoin.

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May 13, 2018, 02:30:30 AM
 #168



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?

Maybe i wrong, but i think bitcoin and blockchain is different. Blockchain is the legder used by bitcoin for transaction. Off course blockchain will survive without bitcoin because it the transparant legder that can used for many purpose not only bitcoin.
andi_wahid
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May 13, 2018, 05:15:49 PM
 #169

Yes blockchain as technology will last although without bitcoin. bitcoin using technology blochkchain the first time. I think we will see more activity and the company will use technology blockchain in the future. for example, banks, private company, and the government office. technology blockchain being seen seriously at this time the any party. I think, the only one that can be turned off blockchain is the Internet.
vonnyaries
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May 13, 2018, 05:33:06 PM
 #170

blockchain is a system i think, every people that know to use blockchain can use that for their project, like the other currencies or altcoin beside the bitcoin, so the if you ask Can Blockchain Survive Without Bitcoin? i think the answer is it can because it can used in any coin and altcoin

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May 13, 2018, 05:39:31 PM
 #171

Yes, Bitcoin is based on blockchain technology and that doesn't mean that blockchain cannot survive without its first product. In fact, some countries are trying to implement blockchain technology in multiple sectors and they are against using cryptocurrencies so blockchain is the only common element between the users of crypto and governments in the course of development in this regard. Even some banks are trying to improve their efficiency by adopting blockchain technology but they are never going to adopt Bitcoin. So yes, blockchain can definitely survive without Bitcoin.
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May 13, 2018, 05:42:40 PM
 #172

Blockchain innovation is the building square of bitcoin. In spite of the fact that bitcoin is only one of the numerous utilizations of blockchain and blockchain was made prominent by bitcoin yet it can most likely without bitcoin. There are dreadfully numerous utilizations of blockchain and with the activities coming up that utilization blockchain innovation it most likely will be the fate of organizations.
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May 13, 2018, 05:46:03 PM
 #173

Bitcoin is on blockchain, its not the other way. I agree that the blockchain got stronger applications after bitcoin's achievements but the concept of blockchain is strong and many company's are trying to implement it. So I guess it will survive.

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lisasteca
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May 13, 2018, 05:48:09 PM
 #174

I have often argued and argued with friends on this subject. For me blockchain is a technology for decentralized data processing that guarantees its inalterability and can survive even without bitcoins.
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May 13, 2018, 05:59:07 PM
 #175

Blockchain's prior is bitcoin, without bitcoin's history and development through the years, all those achievements blockchain would not be as great as it is today, though I've also talked about this with my friends and I think that blockchain would definitely be able to survive without bitcoin, with the market having so many currencies right now I think that blockchain can still run it, but without bitcoin blockchain wouldn't be so strong as it is today.



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absurde
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May 13, 2018, 06:03:20 PM
 #176

I am sure blockchain can survive, because blockchain technology doesn't need a token. Blockchain is connectinting data , data can be anything !
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May 13, 2018, 06:13:23 PM
 #177

The blockchain is a data storage technology connected to servers around the world while bitcoin is a product of blockchain technology. Bitcoin and blockchain cannot be denied because it has a very close relationship when its appearance. Blockchain will be able to survive with more and more adoption of this technology for various things that are necessary for the best service.
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May 13, 2018, 06:20:56 PM
 #178

Thanks to the blockchain system, bitcoin is popular.
It is very cheap, fast and easy to transfer money with this system. A lot of projects put on the market are blockchain-based. Blockchain will have more confrontation in the coming years.
The crypto stock market is a very valuable stock market for being based on blockchain.
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May 13, 2018, 06:35:22 PM
 #179

yes Blockchain can survive without bitcoin . there's so many altcoins using blockchain .
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May 16, 2018, 06:25:08 AM
 #180

Yes of course, because bitcoin is a product produced from a technology called blockchain. So without bitcoin, the blockchain system will still exist. On the contrary bitcoin will not survive without a blockchain system.
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