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Author Topic: Can Blockchain technology survive without Crypto currency?  (Read 575 times)
komsan (OP)
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December 07, 2018, 12:13:51 AM
 #1

Sorry for this naive question. But I always have this doubt in my mind.
In my opinion, it should not since Blockchain is engine and Cryto is fuel.
Anyhow, I am afraid that I might be wrong.

Cryptocurrency in this Cryptonomics seems promising but lacking of adoption I would need more advice from your guys.

According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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December 07, 2018, 12:17:58 AM
 #2

YES.  not all blockchain projects have a token/crypto.  Not a terrible question.
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December 07, 2018, 12:21:05 AM
 #3

Sorry for this naive question. But I always have this doubt in my mind.
In my opinion, it should not since Blockchain is engine and Cryto is fuel.
Anyhow, I am afraid that I might be wrong.

Cryptocurrency in this Cryptonomics seems promising but lacking of adoption I would need more advice from your guys.

Cryptocurrencies are just one application of blockchain, and if all cryptocoins get banned the technology will survive, because the application it has is huge. Blockchain offers a new and revolutionary way to manage databases, so, with or without cryptocurrencies blockchain has come to stay with us.

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komsan (OP)
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December 07, 2018, 12:22:34 AM
 #4

YES.  not all blockchain projects have a token/crypto.  Not a terrible question.

So, with your answer, why do we need Cryptocurrency then? It seems what we love are benefits of Blockchain.
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December 07, 2018, 12:40:12 AM
 #5

its like asking

bank account data is saved on databases.
can databases survive without a bank involved

yes
data within a blockchain does not need to be financial
data within a database does not need to be bank records

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December 07, 2018, 06:17:00 PM
 #6

the blockchain is the backbone for cryptocurrency all the innovation projects development on blockchain are issued tokens in cryptocurrency format. both blockchain and crypto currency are useful in the market
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December 07, 2018, 06:20:36 PM
 #7

In way that I see it blockchain is new technology that does not depend on crypto coin at all. So I believe that yes, blockchain can survive without coins an can be used for other things.

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komsan (OP)
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December 07, 2018, 06:45:27 PM
 #8

Sorry for this naive question. But I always have this doubt in my mind.
In my opinion, it should not since Blockchain is engine and Cryto is fuel.
Anyhow, I am afraid that I might be wrong.

Cryptocurrency in this Cryptonomics seems promising but lacking of adoption I would need more advice from your guys.

Cryptocurrencies are just one application of blockchain, and if all cryptocoins get banned the technology will survive, because the application it has is huge. Blockchain offers a new and revolutionary way to manage databases, so, with or without cryptocurrencies blockchain has come to stay with us.

Thank you.

Anyway, your answer makes me nervous more about Crypto.
Mind I ask why you still believe in Crypto even Blockchain can survive by itself?

In my opinion, US Government will utilize Blockchain for using their own token.
In that case, how BTC will be value in that circumstance. I mean if all Blockchains are surviving individually....
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December 07, 2018, 06:54:37 PM
 #9

The Blockchain YES can survive without the support of the cryptocurrency. They were born together, but they can be separated. Equally the most affected would be the crypto because blockchain is what makes it work

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December 07, 2018, 07:00:04 PM
 #10

One major reason of blockchain technology is cryptocurrency other there other uses that can be applied on the blockchain technology but cryptocurrency is a major factor

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December 07, 2018, 10:44:18 PM
 #11

Definitely yes, we are allready seeing more and more companies using Blockchain technology who have nothing to do with cryptocoins.  I believe that Blockchain will outlive cryptocoins.
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December 07, 2018, 10:54:52 PM
 #12

Sorry for this naive question. But I always have this doubt in my mind.
In my opinion, it should not since Blockchain is engine and Cryto is fuel.
Anyhow, I am afraid that I might be wrong.

Cryptocurrency in this Cryptonomics seems promising but lacking of adoption I would need more advice from your guys.



I love to ask
Is blockchain capable of being a locomotive for crypto adoption?
Or at least a strong and positive publicity for the crypto
I hope the answer is yes Wink

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December 07, 2018, 11:06:51 PM
 #13

Interesting question, I think we have the budding blockchain industry because of Bitcoin.

Without the Bitcoin miners there would be no Bitcoin.

Without the Bitcoin rewards for miners there would be no Bitcoin mining.

Seems to me Bitcoin is the key component
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December 08, 2018, 01:26:46 AM
 #14

Blockchain will survive without the crypto currencies, crypto is just one of the things that used blockchain technology, and crypto also the one that make blockchain become famous, but now blockchain already being develop into a lot of sectors, so blockchain does not rely on crypto, infact crypto is the one rely on blockchain, without blockchain crypto won't be appear
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December 08, 2018, 01:43:42 AM
 #15

Sorry for this naive question. But I always have this doubt in my mind.
In my opinion, it should not since Blockchain is engine and Cryto is fuel.
Anyhow, I am afraid that I might be wrong.

Cryptocurrency in this Cryptonomics seems promising but lacking of adoption I would need more advice from your guys.




BLOCK-CHAIN gave birth to shit-coin,

There is no utility in Block-Chain other than creating more shit.

Does this answer your question?

Block-Chain is software & data-structure, Crypto is virtual game that morons play.
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December 08, 2018, 03:55:23 AM
 #16

It will, cryptos are not necessary for Blockchain to survive. Some governments are looking into Blockchain technology for their applications.

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December 08, 2018, 04:34:36 AM
 #17

Sorry for this naive question. But I always have this doubt in my mind.
In my opinion, it should not since Blockchain is engine and Cryto is fuel.
Anyhow, I am afraid that I might be wrong.

Cryptocurrency in this Cryptonomics seems promising but lacking of adoption I would need more advice from your guys.

Cryptocurrencies are just one application of blockchain, and if all cryptocoins get banned the technology will survive, because the application it has is huge. Blockchain offers a new and revolutionary way to manage databases, so, with or without cryptocurrencies blockchain has come to stay with us.

Thank you.

Anyway, your answer makes me nervous more about Crypto.
Mind I ask why you still believe in Crypto even Blockchain can survive by itself?

In my opinion, US Government will utilize Blockchain for using their own token.
In that case, how BTC will be value in that circumstance. I mean if all Blockchains are surviving individually....

the same way that bitcoin is valuable right now despite US government owning and printing US dollar which is a centralized form of money in physical form. if they change that form from physical to digital or to crypto that still doesn't change anything about bitcoin, bitcoin will still remain the same old decentralized cryptocurrency without inflation.

Only Bitcoin
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December 11, 2018, 12:08:28 PM
 #18

Sorry for this naive question. But I always have this doubt in my mind.
In my opinion, it should not since Blockchain is engine and Cryto is fuel.
Anyhow, I am afraid that I might be wrong.

Cryptocurrency in this Cryptonomics seems promising but lacking of adoption I would need more advice from your guys.


I never thought about it. But it seems to me that the blockchain can easily live without cryptocurrency. Since I saw some projects that did not need a token.
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December 11, 2018, 12:10:10 PM
 #19

don't know about crypto but block chain will never die

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December 11, 2018, 12:42:01 PM
 #20

Sorry for this naive question. But I always have this doubt in my mind.
In my opinion, it should not since Blockchain is engine and Cryto is fuel.
Anyhow, I am afraid that I might be wrong.

Cryptocurrency in this Cryptonomics seems promising but lacking of adoption I would need more advice from your guys.



Yes,  I don't think its a stupid question but blockchain in itself has variety of uses that may or may not be related to cryptocurrency. If you look around you will find out that there are many businesses who are using blockchain but you will not hear anything about them due to them not being in the crypto business and many businesses are choosing to implement blockchain in their system without implementing cryptocurrency which is not required as I mentioned.

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