|
MonaLeeTracy
|
 |
May 30, 2018, 09:25:44 PM |
|
Blockchain is the engine that runs bitcoin. So the two works together and there will no one without the other. Bitcoin will need blockchain to work effectively and also bitcoin has made blockchain technology to be popular.
true, indeed both are interconnected with each other. because the blockchain exists because the bitcoin exists. so bitcoin is coin if there is no coin then blockchain does not work |
|
|
|
|
|
|
|
|
|
Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
Boldcom
Newbie
 Offline
Activity: 149
Merit: 0
|
|
May 30, 2018, 09:53:59 PM |
|
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?
Part of the confusion around what is blockchain versus what is cryptocurrency is due in part that the terms have come into use. Instead of being introduced by formal definition, the term blockchain developed from “chain of blocks”. Cryptocurrency is a sort-of portmanteau of “cryptographic currency”. But the fundamental difference between these concepts has to do with how distributed ledger technology is used. |
|
|
|
|
|
iL_P4driNo
|
|
May 30, 2018, 09:59:56 PM |
|
Bitcoin and cryptocurrencies are a small part of Blockchain technology uses. The technology will succeed even if Bitcoin dies.
|
|
|
|
|
|
Xising
|
|
May 30, 2018, 10:10:34 PM |
|
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?
I don't think so mate. Bitcoin is the biggest driving force for the continuance, moreover, the success of the cryptocurrency market. When it was starting, we can all say and agree that Bitcoin singlehandedly launched the concept of cryptocurrency and has been the key element to its success. It was really because of Bitcoin that the market is known today. Thus, if it will happen that Bitcoin would be no more and the market would still be there, then there should be other coins that should rise to the occasion and replace Bitcoin's reign. |
|
|
|
|
|
tansoft64
|
|
May 30, 2018, 11:04:45 PM |
|
Blockchain will survive now even without bitcoin because their are more altcoins who will take over just like ethereum.
|
|
|
|
|
SistaFista
Sr. Member
Offline
Activity: 1638
Merit: 251
Hexhash.xyz
|
|
May 30, 2018, 11:13:41 PM |
|
Many other coins are going to replace bitcoin on a near future, and you all should know that.
Bitcoin does not mean blockchain, and i really think that it can survive without it after all.
|
|
|
|
|
retnoanjani
|
|
May 30, 2018, 11:33:18 PM |
|
the blockchain runs other currencies, and with every day that passes this currencies becomes more grounded. so yes obviously the blockchain will survive.
Yes blockchain it can survive because it is just where bitcoin is build. But as we all know that the concept of blockchain is paired with bitcoin or shall we say the blockchain is made with bitcoin. Blockchain is not limited with only bitcoin it can be used with saving records such as medical also in apps. You are right, blockchain technology can be utilized for various things. The popularity of blockchain is comparable to the popularity of bitcoin. However, most people assume that blockchain can only be used for bitcoin, whereas blockchain can be adopted for many other activities. So, blockchain will still exist without bitcoin. |
|
|
|
teddyppap
Member
Offline
Activity: 72
Merit: 10
|
|
May 30, 2018, 11:41:20 PM |
|
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?
In my opinion, Bitcoin will only disappear when the Blockchain technology fails. Although in the early days, only the new technology experts understood how the codecs work, but gradually, the drops Small countries will form a mighty ocean and today the entire market for these coins is worth more than $ 260 billion. The code has existed for thousands of years, but not for bitcoin. , thousands of people around the world today will not care about distributed diary technology. Although corporations such as IBM and a handful of other companies have begun experimenting with scaled-down journaling technology before bitcoin hits the top, thousands of companies have just caught up with the blockchain fever when codecs were first coded. Feng starts to create new millionaires overnight |
|
|
|
marites
Newbie
Offline
Activity: 112
Merit: 0
|
|
May 30, 2018, 11:55:44 PM |
|
Even if bitcoins value now is gradually dropping.. it is still the famous in cryptocurrencies and the pioneer of all.
So I think if bitcoin will die. Blockchain will also die.
|
|
|
|
|
notthepuma
Full Member
Offline
Activity: 168
Merit: 100
The All-in-One Cryptocurrency Exchange
|
|
May 31, 2018, 12:02:26 AM |
|
Of course, I think that the block-system will develop even if everyone stops using crypto currency! The blockade has many bonuses. But the fact is that I am confident that the crypto currency will never disappear.
|
|
|
|
Jayskie15
Newbie
Offline
Activity: 59
Merit: 0
|
|
May 31, 2018, 12:08:45 AM |
|
Blockchain will surely survive without bitcoin, there are lots of coins that the cryptocurrency and blockchain will survive, ETH is also popular, and this is a sign that without bitcoin the cryptocurrency and blockchain can survive. And also as I see from the mass media Blockchain is getting more successful than bitcoin and it actually beated it up already.
|
|
|
|
|
|
Bonsaiav
|
|
May 31, 2018, 12:28:11 AM |
|
The question however is, can blockchain succeed without bitcoin?
Since 2017 until now. Already many banks and companies have tested Blockchain Technology and it turns out they have done well. Probably already many among banks or other companies, who have implemented this Technology. In fact I've heard there is an automotive company that implements it on its auto parts to test the authenticity of its auto parts. |
|
|
|
oriontab
Jr. Member
Offline
Activity: 336
Merit: 3
|
|
May 31, 2018, 12:32:58 AM |
|
I think there is often a misunderstanding in between both terminologies. The blockchain can exist without bitcoin in theoretical sense,but not likely in a practical world where they are synonymous. the blockchain is the underlying technology that supports bitcoin.
|
|
|
|
|
Pauloma8672
Newbie
Offline
Activity: 62
Merit: 0
|
|
May 31, 2018, 12:41:14 AM |
|
Yes block chain will surely survive . Bitcoin might be dominant of all but that doesn't mean if it crash that block chain cannot survive. It will
|
|
|
|
|
bitbunnny
Legendary
Offline
Activity: 2898
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
|
|
May 31, 2018, 12:50:07 AM |
|
The question however is, can blockchain succeed without bitcoin?
Since 2017 until now. Already many banks and companies have tested Blockchain Technology and it turns out they have done well. Probably already many among banks or other companies, who have implemented this Technology. In fact I've heard there is an automotive company that implements it on its auto parts to test the authenticity of its auto parts. Exactly, blockchain has many different ways to be implementied. Blockchain is technology that can be used alone for many purposes but it's often mixed with Bitcoin itself and many don't understand the difference. Financial industry is the first one that has begun to test it and they are seriously thinking for mass use of it in their businesses. Also, very popular are start ups based on blockchain. Shortly it could be said that blockchain is technology of the future that could and will be implemented for various businesses and it's one of the benefits that Bitcoin has brought. |
|
|
|
Quorala
Newbie
Offline
Activity: 23
Merit: 0
|
|
May 31, 2018, 12:52:47 AM |
|
Blockchain would definitely survive without BTC. However, I don't think it would be as massive a phenomenon in that scenario. The BTC hype is probably the biggest driving factor that got blockchain adopted as a more or less mainstream tool.
|
|
|
|
|
sitwac
Member
Offline
Activity: 200
Merit: 73
Work is turning your idea into things.
|
|
May 31, 2018, 01:02:08 AM |
|
Do not have that in doubt.
In fact, if you follow the news a little you will notice that in China there are great regulations. However, there are companies that are making investments for Blockchain research and thus be able to apply them to their companies....
|
|
|
|
flying_bit
Jr. Member
Offline
Activity: 434
Merit: 9
|
|
May 31, 2018, 01:09:27 AM |
|
bitcoin need blockchain to exist (it's using blockchain) but blockchain can surely survive without bitcoin.
Blockchain synanomous bitcoin to ordinary people but blockchain is technology that bitcoin is using same as other coins not just bitcoin.
So final question, Can Blockchain survive without bitcoin? If bitcoin fails then blockchain will be questionable.
Truth is I don't know the answer too..lol
|
Reality is the only thing that is real.
|
|
|
criss ronaldo
Newbie
Offline
Activity: 112
Merit: 0
|
|
May 31, 2018, 09:42:33 AM |
|
Blockchain will survive without bitcoin in any industry. And bitcoin was the first in it. Now we see ready-made examples of how blockchain technology lives outside of cryptocurrencies. I hope in a few years the elections in democratic countries will be held using blockchain technology.
|
|
|
|
|
redhorsebeer1980
Newbie
Offline
Activity: 168
Merit: 0
|
|
May 31, 2018, 09:56:03 AM |
|
Certain coins will be able to take its place as the leader of the crypto currency.It can be ethereum or bitcoin cash or any other successful coin that will manifest itself in the future.Transfer to fiat will already use these other coins. Crypto currency is constantly being improved and therefore we need to be prepared for various changes in the rating of any of the digital coins.It is impossible for what appears block chain if there is no bitcoin.
|
|
|
|
|
|
