|
YinShuiSiYuan
|
 |
July 17, 2018, 01:32:39 PM |
|
I think blockchain will not survive without Bitcoin, both are interconnected with each other.
Blockchain will definitely survive without bitcoin. It is already used in various areas not associated only with finance. And this is a very big advantage of this technology, which can be used in many branches of the economy, such as health, insurance, transport, etc. |
|
|
|
|
|
|
|
|
|
|
|
|
Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
Abal Abal
|
|
July 17, 2018, 01:48:33 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?
as long as there are other coins that use blockchain technology, I believe that technology will keep going even in the absence of bitcoin. |
|
|
|
hknknitin
Copper Member
Newbie
 Offline
Activity: 48
Merit: 0
|
|
July 18, 2018, 08:35:26 AM |
|
Yes Ofcourse.Blockchain is a technology that is used to keep transactions secure to a very high level.Now bitcoin is the digital currency that becomes safe when Blockchains are used to monitor them.But if bitcoins disappear,which is not a practical thought,blockchains would still be in supreme power because they have implementations in various other fields such as banking,insurance,supply chain,etc.Also,cryptocurrencies other than Bitcoins will always need a secure and safe system while transactions which the Blockchain Technology is already providing.
|
|
|
|
|
|
Nunoluck
|
|
July 18, 2018, 08:43:10 AM |
|
Bitcoin emergence is happen in the right time and momentum, I think there are many factors than involved in it. Bitcoin and it's community is the biggest factors that make the success of bitcoin.
|
|
|
|
imrul5
Newbie
Offline
Activity: 56
Merit: 0
|
|
July 18, 2018, 08:44:47 AM |
|
Look at the dollar. Most of the countries have its own currency. But every countries have to trade using dollar anyway. BTC is like that , there are lots of cryptocurrencies but without BTC cryptocurrency platform is not possible.
|
|
|
|
|
|
Mandarava
|
|
July 18, 2018, 08:58:05 AM |
|
Bitcoin and blockade are interrelated concepts. Bitcoin is the body, and the blokchain is his skeleton. The body can not live without a skeleton. Blokchain is the structure of bitcoin. Without it there will be no crypto currency.
|
|
|
|
|
|
foaman
|
|
July 18, 2018, 11:49:36 AM |
|
Of course yes. Even they are very tired connecting they can alive alone. Hundreds of interesting applications being launched on Blockchain tech and some of them will get traction for sure.
|
|
|
|
|
Noduperewa
Newbie
Offline
Activity: 54
Merit: 0
|
|
July 18, 2018, 12:04:49 PM |
|
I am convinced that blockchain can survive and evolve even though bitcoin faces many problems, because blockchain technology can be applied to various fields in the future. For example on agricultural data technology or another. Because it's hard to hack.
|
|
|
|
|
|
maskeffec
|
|
July 18, 2018, 12:12:03 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 think certain coins will be able to run blockchain to replace the role of Bitcoin as the leader of crypto currency. It could be ethereum, or any other altcoin that would manifest itself in the future. Only for transfer to fiat will already use other coins. Crypto currency is constantly improved and therefore you need to be prepared for various changes in the assessment of one of the digital coins. |
|
|
|
|
Amy Halll
Newbie
Offline
Activity: 56
Merit: 0
|
|
July 18, 2018, 01:21:05 PM
Last edit: July 19, 2018, 02:29:45 AM by Amy Halll |
|
I do not think so. Although blockchain technology has been paid more attention by people (including government), it can not develop without cryptocurrency . In particular, the bitcoin market and the cryptocurrency market generally attract attention. of many people and governments, from which they are interested in the technology behind these coins - the blockchain technology. As such, it can be said that Bitcoin is a stepping stone for the increasingly developed blockchain technology.
|
|
|
|
|
CityLife Corp.
Newbie
Offline
Activity: 42
Merit: 0
|
|
July 18, 2018, 01:44:29 PM |
|
I feel the blockchain technology will still survive even if btc fails in the near future. I feel block chain technology will being many more good application based on blockchain technology and also bring many more attractions and also many good investors who will start vesting their money and bring many more good things in the future.
|
|
|
|
|
Tinaw
Newbie
Offline
Activity: 69
Merit: 0
|
|
July 18, 2018, 01:52:13 PM |
|
Absolutely it can, and it will. Bitcoin is merely one of the first and most well known uses of the blockchain technology. I believe that blockchain will succeed even if Bitcoin doesn’t. That being said, the death of Bitcoin would have an immensely negative impact on the blockchain ecosystem as a whole.
|
|
|
|
|
MaryKiTy22
Newbie
Offline
Activity: 168
Merit: 0
|
|
July 18, 2018, 02:03:18 PM |
|
Do you know if bitcoin was born before or blochain was born before if bitcoin existed and developed before then there is no reason why bitcoin could die if there is no blockchain technology.
|
|
|
|
|
jermainephoe
Newbie
Offline
Activity: 98
Merit: 0
|
|
July 18, 2018, 02:08:59 PM |
|
Yes of course, because bitcoin is a product produced from a technology called blockchain.
|
|
|
|
|
kamoto
Newbie
Offline
Activity: 122
Merit: 0
|
|
July 18, 2018, 02:24:43 PM |
|
I think it can. It takes only a little more time. Now it all depends on the state of bitcoin, so no one can tell exactly what happened with the blockade. However, this is a very self-perpetual technology that can very well feel without bitcoin. But if right now would have died bitcoin ... then who knows what could happen.
|
|
|
|
|
sicnarfwb
Newbie
Offline
Activity: 116
Merit: 0
|
|
July 18, 2018, 02:33:45 PM |
|
Yes, blockchain can survive without bitcoin, their are so many ICO's evolving as digital currency which is also usefull for blockchain technology for transaction making, but of course the effectiveness will lesser due to the lost of bitcoin in the crypto world.
|
|
|
|
|
lamcouz
Member
Offline
Activity: 322
Merit: 10
|
|
July 18, 2018, 02:35:50 PM |
|
BTC received lots of criticism in the recent past with attacks commin from various directions, this is not much of a surprise as the technology had been badly received in the recent past, wit lots of people doubting its authenticity, But as time went by, it has proven Quite a number of people wrong as its value went up attracted more people investing in it overtime.
|
|
|
|
|
|
conected
|
|
July 18, 2018, 03:13:58 PM |
|
I think it can manage to survive but making an impact to people is going to be hard. Bitcoin is the image that make it more recognize so without it, it is just like a good bag without a brand. Blockchain is good but I think it needs bitcoin to make adoption much faster.
I don't think that the blockchain needs bitcoin to have a faster adaption because without bitcoin, it can still survive because the blockchain network does have the qualities of a technology that a country or government can look for because it doesn't need to have a cryptocurrency because even without cryptocurrency like bitcoin, blockchain can still be useful and limitless. - Exactly, the value of blockchain is huge, it contributes and opens up a new page of digital technology, bitcoin is just a product and it became famous when it relied on blockchain technology, it means that bitcoin achieves results in the present, all is due to the blockchain brought to it. So we can say that no bitcoin, blockchain can still exist and grow very strong, it does not affect the blockchain, blockchain just put other altcoin up and replace the position of Bitcoin, the problem will be resolved |
|
|
|
|
KnightElite
|
|
July 18, 2018, 03:41:21 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?
Of course, blockchain is very especially. It is the new technology that will use by everyone in the future. The reason why bitcoin is so now powerful and popular is because of the blockchain technology. |
|
|
|
|
|
nagasaking
|
|
July 18, 2018, 04:11:57 PM |
|
Blockchain is a technology that will change how things are done and contrary to the belief that blockchain can not survive without bitcoin, in other ways because bitcoin survival depends on the continued development of blockchain and the reason is simple. Although many comments and countries have opposed bitcoin, which has been established or completely forbidden, I have not read any arguments against blockchain technology and even much praise.
|
|
|
|
|
|
