Periodik
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May 29, 2018, 06:51:38 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?
You are acknowledging the wrong coin. Blockchain technology came into existence and became known worldwide because of Bitcoin and not because of one of its forks which is Bitcoin Gold. Bitcoin was basically seen as a peer-to-peer digital payment system whose transactions are recorded in a public ledger which is called blockchain. From that point on, blockchain was slowly imitated by a lot of crypto projects and even non-crypto.
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endlings
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May 29, 2018, 07:04:26 AM |
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The blockchain is the basis of Bitcoin. Bitcoin is just a test on the blockchain. Blockchain technology can leave Bitcoin to survive, but on the contrary, Bitcoin does not exist after leaving the blockchain.
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lehuong
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May 29, 2018, 07:19:37 AM |
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Blockchain and electronic money are closely related. Both of these technologies have great potential and promise to be as powerful as the birth and development of the Internet if no bitcoin I think blockchain can still exist.
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Dorcolac
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May 29, 2018, 07:31:29 AM |
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I think it can. First we must divide bitcoin and blockchain as two different things. In order to use BTC you have to have blockchain since that is a "platform" where it is stored. Think of blockchain as giant pile of LEGO. Every block has a certain data information stored which can not be edited, faked or censored. And then you add another block, and another, and so on. Best part is that the more you add, the chain gets bigger without the risk of previous blocks being stolen, forgotten or forged. Like I said, look at it like a "platform". Now, BTC is data information that you store onto that block. Secondly, we use blockchain to create apps, programs and other platforms to improve our daily lives. You have apps that are looking to improve national health systems, B2B communication or other. I can go on and on forever what projects are done, being created or will be created but the point is that, yeah, blockchain WILL survive. Because its value is not only measured as a platform for BTC, but for a lot more than that. Hope I helped.
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saaayyyeeel
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For RENT
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May 29, 2018, 07:54:59 AM |
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Yes, it would survive since there are a lot of other cryptocoins but it's best tandem with the Bitcoin and it's consider as the main reason for the Blockchain, it would survive indeed but it would not be the same again without the Bitcoin.
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jitenrajput
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ENCRYBIT — FUTURE OF CRYPTOEXCHANGE
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May 29, 2018, 08:55:46 AM |
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Bitcoin is dependent on blockchain. It is the technology behind the working of bitcoin and other cryptocurrencies. So, even if bitcoin fails to exist (which is hypothetical), nothing bad will happen to blockchain.
It will be there always and its full potential is yet to be explored.
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troglobait
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May 29, 2018, 09:01:11 AM |
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bitcoin has almost died already, and the technology will continue to develop without bitcoin. Technology blockade is the future. And bitcoin was just the engine of technology. Without it, we certainly will live
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RyanEncek
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May 29, 2018, 09:05:26 AM |
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It can be run without Bitcoin, but the key is Bitcoin because they create blockchain. There are a lot of coins that personally run, but still they need to be popular like Bitcoin and in my opinion will not be able to bolckchain without bitcoin as well as bitcoin can not do without bolckcjain.
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Janation
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May 29, 2018, 09:08:27 AM |
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bitcoin has almost died already, and the technology will continue to develop without bitcoin. Technology blockade is the future. And bitcoin was just the engine of technology. Without it, we certainly will live
How can you say that Bitcoin died almost already? Bitcoin is the first of it's kind, a digital currency in a blockchain though Bitcoin is not the first digital currency since there is a lot of other currencies circulating though they are not successful since they can be double spend. Bitcoin is the first digital currency in a blockchain, Blockchain is the solution to the problem of digital currencies in the time so we can say that without digital currencies, Blockchain will not be invented.
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sembilu
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May 29, 2018, 09:13:17 AM |
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Even if you prefer Gold or Silver, there is no guarantee that they will get a steady growth of 20% to 35% investment has no guarantee and gives you a short history. Silver is valued higher than Gold, look where they are now? This gives an understanding that in the future there is no guarantee what will happen to their prices. And in Bitcoin you do not have to wait until it reaches $ 16,000 to double your money, you can buy and sell it even with just a $ 100 or 200 price drop, you will be surprised at how quickly you will double your money in the technique rather than waiting for the target price big, so will not be able to blockchai without bitcoin so bitcoin tiadak will be without blockchain, they have a synergistic role.
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HarrisonErnest
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May 29, 2018, 06:58:49 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?
Yes, I believe Blockchain will stay. This is because Bitcoin has helped blockchain stand where it is today. It is in a condition where it can function on its own in future without the help of Bitcoin. Coins like PRG, ETH etc have made it firm.
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Maikl
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May 29, 2018, 07:04:39 PM |
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Undoubtedly, the blockchain will and will be able to exist without bitcoin, but bitcoin can not exist without a chain of blocks)) Now quite a lot of coins with its own blockchain.
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RoryDennis
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May 29, 2018, 08:22:23 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 has been upgraded from what it was. It can run like all other projects like Bitcoin etc. Yes, it is very important for Blockchain to work with Bitcoin as their relationship very strong, however, it can easily operate alone too.
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huntingbtc5
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May 29, 2018, 08:29:11 PM |
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Blockchain is independent from Bitcoin but bitcoin helps blockchain to be established. Now blockchain is being used for many record keeping agencies and market industries. So i think blockchain will survive without bitcoin.
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Melody2
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May 29, 2018, 08:31:01 PM |
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Blockchain today owes its appreciation to bitcoin because it was created with the idea of btc in mind. Now top companies around the world are making use of the technology of blockchain to improve their business processes. This means they don't need to use bitcoin and as such blockchain can operate on it's a one without btc
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akashark
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May 29, 2018, 08:54:09 PM |
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I don't think blockchain technology will survive without bitcoin. I assume bitcoin is the blockchain technology. By bitcoin, blockchain technology works well. I mean they are born for each other. Without blockchain, there will be no Bitcoin or other crypto coins. It's a simple calculation to me. Sorry, if am wrong about this. But i love to think like this
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rosstiller
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May 29, 2018, 09:22:24 PM |
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Blockchain sure will survive with or without bitcoin. Bitcoin need blockchain to run its system but blockchain is free and independent technology.
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chickenfried12
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May 29, 2018, 09:24:14 PM |
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Of course this is a logic Bitcoin exists with blockchain But Bitcoin You can continue to blockchain There are a variety of ways to design the system that produces it and they are obviously very intelligent and very forward looking system. I hope that you can develop continuity of the system by developing different ideas with them. we are observing current developments
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military
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May 29, 2018, 09:26:23 PM |
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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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TianaStam
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May 29, 2018, 09:33:40 PM |
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Well, as I see from the mass media Blockchain is getting more successful than bitcoin and it actually beated it up already. If about bitcoin someone still have doubts, then Blockchain is getting on hurrah!
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