Blackhammer321
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June 06, 2018, 12:44:07 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 is a versatile technology that could go well with any technology out there that is in need of a very secure yet user-friendly features. If bitcoin hadn't been invented but blockchain is, I bet that it would either be a part of the banking industry or most likely be added as a security feature for social media sites like facebook and others. That is why I think blockchain could live even without bitcoin.
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Jejak
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June 06, 2018, 12:44:51 PM |
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it is true that it is because of bitcoin that blockchain was created by satoshi. but the different between blockchain and bitcoin is that blockchain is independent while bitcoin is dependent on blockchain. so blockchain can survive without bitcoin.
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Erlinda Santiago
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June 06, 2018, 12:54:00 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?
yeah maybe bevause if theres no bitcoin they can still survive it with the hlp of pther coins like ethereum or litecoins and ripple so dont think blockchain wont survive without bitcoin
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GeorgiyBilyk
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June 06, 2018, 04:50:03 PM |
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the system itself is of course interesting! but we must understand that bitcoin is the main currency for which all other coins are traded! the biocide will never die! if the price of the bitcoin drops below 4000, provided that now huge amounts of money are spent on its extraction, then the entire crypto market will collapse!the harvesters will never allow this! a lot of companies have appeared with their coins, and they are also traded mostly for bitcoin! if bitcoin is not going to exist, it turns out the exchanges will stop bargaining ?! a week ago the top 10 crypto coins were added to a large stock exchange! This step once again proved to us the seriousness of society and of different states! bitcoin will always live!))
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jovs
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June 06, 2018, 05:35:41 PM |
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Blockchain is meant to exist because of the presence of bitcoin in the market. It does provide a wide range transaction for bitcoin to give people a chance to have a stable way of transaction, investment and trading that in terms could give them a chance to earn profit and income. It is a mutual relationship that we could not break.
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Yawuu
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June 06, 2018, 11:22:53 PM |
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I doubt that blockchain can succeed without bitcoin. Bitcoin has remained the heart of blockchain for all this while and anyone who talks about blockchain associates it with bitcoin. It will be highly difficult for people to invest in any blockchain project if the king (bitcoin) do not survive. It is interesting how some altcoin want bitcoin to fall; they all cannot survive if bitcoin falls.
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PAKYU
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June 06, 2018, 11:31:50 PM |
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survive? will be huge. important thing is blockchain in this world. bitcoin is just messi in barcelona. blockchain is barcelona.
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Marcsymon
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June 06, 2018, 11:32:55 PM |
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Yes, it can. BTC was made to prove that blockchain is working and reliable. Without blockchain BTC it won't exist. Though BTC helps a lot blockchain to make it popular.
Agree in your point. In addition due to bitcoin existence its strongly promotes some blockchain to develop their technology and others are started to build their system to adapt bitcoin transaction in safe mode. So its existence were depending to each others popularity.
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jeepuerit
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June 07, 2018, 01:23:47 AM |
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I think the blockchain still has success even without the Bitcoin, that's just my opinion, because many cryptocurrency still continue to blockchain, but Bitcoin is hard to lose, because it is the leader in all cryptocurrency.
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RasicaOla12
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June 07, 2018, 01:41:34 AM |
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Blockchain technology can work independently if there is no bitcoin or even eth, because in addition to bitcoin, there are still some coin as a ripple or litecoin. This technology serves the coin transaction security
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Utogah
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June 07, 2018, 02:01:51 AM |
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Yes it is! Not only bitcoin who under processed by blockchain there are many altcoins too who can operate without bitcoin. Thousands of altcoins are available to operate with.
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sureshu1107
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June 07, 2018, 02:13:29 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?
Yes, Blockchain will survive without the BTC. In theory, the only thing that's needed for Blockchain is the Internet. So the Blockchain is unlikely to disappear. Blockchain can survive without BTC. Many new innovative Blockchain projects are going to come in near future. Which can solve real world problems. BTC is just the starts, blockchain going to evolve in future with the help of internet.
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andrino
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June 07, 2018, 02:19:51 AM |
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Yes it will survive because before it will happen they will surely creates new system that not base on any kind of bitcoin but if we back then blockchain couldn't survive without bitcoin because bitcoin started the idea of blockchain and make it more founded stronger.
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anything9ce
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June 07, 2018, 02:43:41 AM |
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Indeed blockchain as an innovation will survive even without Bitcoin, nobody can ply down on the fact that bitcoin has be awesome. Bitcoin has contributed greatly to blockchain but i personally think that blockchain is going beyond that level where the blockchain market is totally dominated my one coin . I think we will see significantly more case utilization of this new innovation later on.
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Lx2018
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June 07, 2018, 02:45:23 AM |
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Blockchain would make due without BTC. In any case, I don't figure it would be as gigantic a wonder in that situation. The BTC publicity is likely the greatest driving variable that got blockchain embraced as a pretty much standard apparatus.
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boksoon
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June 07, 2018, 02:46:52 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 know for the truth and real life regarding crypto currency BITCOIN is the most famous and dominated ever, you know what? because alt some alt coin is not mention to many people always BITCOIN shouting most especially when the time few people override Bitcoin to use the name and making slander to a some investor and nothing exchange of profit after several months of transaction. so my perception is Bitcoin is still lead at the ground even if there's so many crypto currency come up this year 2018.
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libert19
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June 07, 2018, 02:49:19 AM |
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Sure it would lol.
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bobtom
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June 07, 2018, 03:01:58 AM |
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In fact, Now that the blockchain technology is so famous, it is because of the existence of Bitcoin. Of course, now the blockchain does not need cryptocurrency to advertise it. However, it is undeniable that the blockchain is made known by Bitcoin.
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markleal
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HODL
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June 07, 2018, 03:15:05 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?
Hi there KuyaBreezy! Yes, blockchain could survive without bitcoin. But bitcoin cannot survive without blockchain. The blockchain technology allows bitcoin and other cryptocurrencies to record the transaction in a ledger like a format which could be accessible by anybody and in anywhere as long as there is an internet connection. The blockchain technology is used by other cryptocurrencies, thus if that technology didn't sprout the cryptocurrency could not be around or perform differently.
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Df9898
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June 07, 2018, 03:24:26 AM |
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blockchain can walk without blockchain, but the value of blockchain will down because of the bitcoin hold an important role.
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