Can blockchain survive without bitcoin

can blockchain survive without bitcoin

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The blokcchain relies on third-party security, however, the security inherent the miner to stake some. The original blockchain was designed to rely on inefficient mining.

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Economist explains the two futures of crypto - Tyler Cowen
Yes. Blockchain is a chain of blocks made up of data, where users can store virtually every piece of digital data they want or need. The reason. According to the definition of cryptocurrency, the answer is no. The defining characteristic of any cryptocurrency is that security is ensured. In fact, there are many use cases for blockchain technology that do not involve cryptocurrencies, such as supply chain management, voting systems, and identity verification.
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  • can blockchain survive without bitcoin
    account_circle Yozshuzragore
    calendar_month 14.02.2023
    You commit an error. I can defend the position. Write to me in PM, we will talk.
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Crypto coin mining profitability

Sep 11th. Cryptographic hashes are a truncated version of digital signatures and are generated in a public network to prevent fraud and tampering. In the absence of miners, it would be nearly impossible to maintain the blockchain.