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Author Topic: Can Blockchain Survive Without Bitcoin  (Read 3792 times)
currencydesigner123
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June 08, 2018, 05:54:43 PM
 #581

It's no doubt that bitcoin can't exist without blockchain, as this is the cryptocurrency money's characterizing highlight. It has pretty much been around since the inception of the digital currency. The beauty of the blockchain protocol is that it ensures that once a certain level of acceptance, and therefore value, has been achieved, altering the record for nefarious purposes would always demand more computer power (and therefore expense) than the rewards warranted.
deepakg2m
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June 08, 2018, 05:55:10 PM
 #582

To be honest, bitcoin has the major role why blockchain is known now, but i believe it will survive without the bitcoin. there are many fascinating and interesting projects blockchain has to offer that can maintain its position in the market.
it is true, but altcoin that will replace bitcoin is not necessarily the same price as bitcoin and not necessarily liked by many people


Agreed on the fact that though BITCOIN make BLOCKCHAIN so popular but now BLOCKCHAIN can survive without it because no matter the altcoin is as popular as BITCOIN or not but it will not affect the value of BLOCKCHAIN.

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mamarried
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June 08, 2018, 10:06:29 PM
 #583

 yes it is, blockchain can live without because they are manny perspective coins that grows up fast, be reasonable
Sandus_Cryptolover
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June 08, 2018, 10:43:39 PM
 #584

You should know that Bitcoin does not own the technology rather the technology owns Bitcoin. Thus without the technology, Bitcoin is nothing. The technology is actually the selling point as many projects are using it now.

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Serious Miner
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June 08, 2018, 10:49:20 PM
 #585

Yes, Blockchain can survive without bitcoin. The blockchain is a technology, who produce a chain to make coins, maybe. I don't know many things about blockchain technology, how it works. But without bitcoin, blockchain technology will not work as before, i think.
Ravenangel
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June 08, 2018, 10:58:41 PM
 #586

Blockchain can survive and will survive without BTC, Block chain is just an open ledger upon which BTC transaction are displayed, nothing attaching it to BTC.

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wilburwilbur
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June 08, 2018, 11:01:30 PM
 #587

Blockchain and bitcoin goes hand in hand  but technically yes. Blockchain can survive without bitcoin since blockchain is only a ledger for btc transactions
But what is the use of blockchain if bitcoin is gone already right?
So go back to my first statement. Blockchain and bitcoin goes hand in hand

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Kahoy01
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June 08, 2018, 11:13:30 PM
 #588



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 think blockchain not only suits best to bitcoin but also to different technologies out there that require high security features. Most especially social media sites which is the usual targets of hackers to induce invasion of privacy and at some point extortion. Another service that may need blockchain is the banking industry to add another layer of security.

jayo89
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June 08, 2018, 11:14:34 PM
 #589

I think that the blockade is already used in many areas, for example, the greatest distribution was in business. Many countries are already beginning to develop their own crypto currency. I think that in the first blockade will continue to develop, and secondly I doubt that bitcoin will disappear in the near future!

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nicster551
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June 08, 2018, 11:40:15 PM
 #590



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 yes! Bitcoin uses the Blockchain technology and this is how and why investors indeed love bitcoin. There are a lot of end results in using Blockchain technology to Bitcoin and that is how banks and government sees it. Some of the banks and government does not see bitcoin as a competitor in as a cryptocurrency, to become a enemy of FIATs but what they see is the potentiality of the technology behind bitcoin, the blockchain technology.
asabed256
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June 08, 2018, 11:46:52 PM
 #591

Blockchain has been accepted already and governments and corporate individuals and companies are spending millions of dollars to explore the benefits of this technology. Most college students in the tech area are directing their steps to the AI and blockchain area.
ayambawang
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June 09, 2018, 12:03:01 AM
 #592

I think it is impossible and it will be very difficult like falt money if the dollar loses as a standard and their reference, blockchain will lose its balance and reduce the interest of investors because btc is like a powerful magnet that attracts everyone to join in blockchain, and the existence of btc one of the reasons strong because btc has proven that he is a reliable crypto currency
 
300pips
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June 09, 2018, 12:06:43 AM
 #593

When you say blockchain,  bitcoin is already embed there. When bitcoin dies majority of alts will not survive.




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?

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Advicerabi
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June 09, 2018, 01:57:02 AM
 #594

Yes of course, because bitcoin is a product produced from a technology called blockchain. And without bitcoin blockchain can make other coins with the sophistication of the technology.
Nithini De silva
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June 09, 2018, 02:00:41 AM
 #595

Sure. Bitcoin is just a one project runs on Blockchain. Without blockchain - No Bitcoin without blockchain there is no way to exist bitcoin!

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June 09, 2018, 02:04:24 AM
 #596

Bitcoin is the opening gate of the birth of blockchain technology. Blockchain is inspired and motivated by the existence of bitcoin, thus developing a platform or service based on blockchain. So without bitcoin, blockchain would not work. That's in my opinion

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June 09, 2018, 04:39:20 AM
 #597

Blockchain has survived without bitcoin before now. Blockchain technology is only created as a solution to solve bitcoin issues. Infact bitcoin need blockchain to survive rather blockchain surviving because of bitcoin.
Joemzz31
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June 09, 2018, 02:03:44 PM
 #598

 I think yes, blockchain is a virtual market wherein they sell lots of electronic currency that are available to sell.
Therefore the blockchain market is not dependent in the company of bitcoin and can exist alone. Not all things will falls down when bitcoin gone.
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June 09, 2018, 02:32:03 PM
 #599

Blockchain technology is where Bitcoin is implemented and i guess that it can survive with or without it. Blockchain technology is a series of blocks that has different hash before we can access the next Block. I guess Bitcoin was made because transactions using Blockchain Technology is very secure and it is not that smart to hack it. You will at least need to be so persistent to achieve what you want in hacking Blockchain.

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MartinAK
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June 09, 2018, 02:35:54 PM
 #600

Blockchain as a revolutionized technology is equipped with a lot of qualities which is not a hindrance for securing Bitcoin. This really proves that blockchain can survive without Bitcoin. The issue related to it is that most new crytpocuurencies creeping into the market is focusing largely on bitcoin as a standard and thereby granting the large notion that blockchain cannot survive without bitcoin. Notwithstanding that, blockchain serve several functions which are not coherently dependent on bitcoin such as data securing. But I believe for now, blockchain is thriving largely based on bitcoin popularity but in a nutshell, I trust blockchain can survive without bitcoin. 
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