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Author Topic: Blockchain or Cryptpcurrency?  (Read 1188 times)
NikoF (OP)
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October 23, 2018, 10:03:34 PM
 #1

Hey guys, there are two different difenitions: Blockchain and Cryptocurrency. A lot of experts say that crypto is going to die soon but blockchain itself is a very useful technology. What do you think are they right? Do you think blockchain can exist without cryptocurrency?

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October 23, 2018, 10:10:43 PM
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both are two faces for the same currency no one will host the node without financial incentives .. i mean there is no blockchain without cryptocurrency and no cryptocurrency without blockchain .. good luck and have a nice day Smiley
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October 23, 2018, 10:14:42 PM
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both are two faces for the same currency no one will host the node without financial incentives .. i mean there is no blockchain without cryptocurrency and no cryptocurrency without blockchain .. good luck and have a nice day Smiley

Thanks a lot buddy!  I concur and second on this. There is no any crypto that would exist without blockchain, vise versa.  I would like to learn more better if there is any opinion against this.
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October 23, 2018, 10:19:58 PM
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both are two faces for the same currency no one will host the node without financial incentives .. i mean there is no blockchain without cryptocurrency and no cryptocurrency without blockchain .. good luck and have a nice day Smiley

Thanks a lot buddy!  I concur and second on this. There is no any crypto that would exist without blockchain, vise versa.  I would like to learn more better if there is any opinion against this.
Are you sure about that? what about the coin that use DAG system, they can't be called as a part of the blockchain ecosystem and basically they are using the different thing and it's not blockchain.
DAG use server as the main part to create such an instant and zero fees transaction.
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October 23, 2018, 10:22:49 PM
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Yes blockchain can survive without crypto for example there are some financial institutions like insturance companies and banks that are actually using blockchain for some service without any crypto.
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October 23, 2018, 10:48:08 PM
 #6

Hey guys, there are two different difenitions: Blockchain and Cryptocurrency. A lot of experts say that crypto is going to die soon but blockchain itself is a very useful technology. What do you think are they right? Do you think blockchain can exist without cryptocurrency?

I would like to know who are those experts and what are their arguments to make such a catastrophic prediction on cryptocurrencies. It sounds more like a wishful thinking than anything else.
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October 23, 2018, 11:20:49 PM
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The blockchain technology can be implemented without cryptocurrency, but its work would still require any tool that is specific to the decentralized case. But the value of decentralization is in many nodes, which are responsible for checking and recording transactions. In the case of cryptocurrencies, this role is performed by miners who receive a reward for their work. And without a large number of participants, this won't be a full-fledged decentralization.



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October 23, 2018, 11:31:14 PM
 #8

Cryptocurrency uses the blockchain technology to run the system in crypto world, and it may not survive without the technology. While blockchain seems possible to survive without cryptocurrency because it is a technology. A technology can be adapted to many sectors in our life. However, crypto and blockchain can not be separated from one another. They will continue to develop and support one another. They have a very related history, it causes a strong correlation between them.   

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October 23, 2018, 11:34:01 PM
 #9

both are two faces for the same currency no one will host the node without financial incentives .. i mean there is no blockchain without cryptocurrency and no cryptocurrency without blockchain .. good luck and have a nice day Smiley

Blockchain and cryptocurrency are all important, inseparable. So cryptocurrency will die soon is entirely unreasonable. In my view, cryptocurrency will be the future when the present time, the habit of using cash is gradually disappearing and instead the form of online payment on the Internet.


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October 23, 2018, 11:45:14 PM
 #10

Hey guys, there are two different difenitions: Blockchain and Cryptocurrency. A lot of experts say that crypto is going to die soon but blockchain itself is a very useful technology. What do you think are they right? Do you think blockchain can exist without cryptocurrency?
Crypto technology is a latest version for cash system so some developed countries are accepting the legalisation of cryptocurrency. Blockchain system is the most secured platform so all the crypto projects are followed by blockchain technology. So both are two eyes of crypto platform and many countries are discussing the legalisation of cryptocurrency so it will never die anymore.
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October 23, 2018, 11:59:58 PM
 #11

Due to Bitcoin being the first significant implementation of a blockchain, many people automatically associate the coin with this technology. However, Bitcoin is just one of the thousands of cryptocurrencies that can be found on the market nowadays.Cryptocurrency is just one of the many applications of blockchain technology, this sector also presenting a wide diversity. Some cryptos work as exchangeable assets, such as Bitcoin or Litecoin, which serve as payment methods and store of value.Ultimately, blockchain as a technology is far less delicate than cryptocurrencies. It can be used in a wide range of diverse industry sectors, assisting the modernization process of many things and processes we use today.
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October 24, 2018, 12:54:14 AM
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~snip~ Do you think blockchain can exist without cryptocurrency?

Yes. Lots of companies are now using blockchain technology. As an example, "Shipment tracking is just one application of blockchain without cryptocurrencies that has potential in transportation and logistics." https://www.freightwaves.com/news/blockchain/blockchain-without-cryptocurrencies

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October 24, 2018, 01:31:05 AM
 #13

Well keeping it simple, for blockchain to survive as a financial instrument cryptocurrencies existense is must. Without it, blockchain will stay limited to tech and will not get the exposure it really requires.
Plus, thinking for FIAT as a mode of tender in blockchain will make blockchain worthless as then it will be centralized and could be governed.
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October 24, 2018, 02:43:56 AM
 #14

Blockchain can be without cryptocurrency because it's a different thing.
Blockchain technology is a system without third parties to confirm crypto transactions in peer to peer.
Crypto here of course requires blockchain technology. Because cryptocurrency / coin is a product of blockchain
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October 24, 2018, 01:34:49 PM
 #15

Blockchain or Cryptocurrency are the two sides of a coin if one is the head and the other is the tail.It means both are co-related. They can't exist without each other. 
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October 24, 2018, 05:46:35 PM
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Blockchain or Cryptocurrency are the two sides of a coin if one is the head and the other is the tail.It means both are co-related. They can't exist without each other. 

What are you talking about?
Coin is a part of cryptocurrency. What do you think when you said cryptocurrency is a side of coin?
Blockchain can exist without cryptocurrency. Cryptocurrency is one of utilization of blockchain technology.
I have no idea about cryptocurrency exist without blockchain. But I think blockchain is a best technology for cryptocurrency transactions now.
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October 24, 2018, 05:49:30 PM
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Blockchain is a technology while cryptocurrency is currency. So, there has no relation in terms of existence. It's true that cryptocurrency is the most useful output of blockchain till date.

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October 24, 2018, 05:56:25 PM
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Hey guys, there are two different difenitions: Blockchain and Cryptocurrency. A lot of experts say that crypto is going to die soon but blockchain itself is a very useful technology. What do you think are they right? Do you think blockchain can exist without cryptocurrency?
blockchain is a system, and crypto is a tool of the system so blockchain will not be separated with crypto, because the blockchain system is an intangible system
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October 24, 2018, 05:56:56 PM
 #19

If prefer blockchain , you are really tech person. If you choose Cryptocurrency , you are tech person and the person who loves money.

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October 24, 2018, 05:57:23 PM
 #20

Blockchain is a technology and crypto currencies are the result of that technology. Surely people can use blockchain without creating coins or currencies.But you know the most important thing in the world is money. ( not for me but you know for too many people :=)) So blockchain is also the safest technology in the world for tracking and prevent hackings etc. So surely people will continue using that safest technology for their most important thing ( money) because of that i believe we will also use crypto currencies in the future .

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