Home Blockchain The World’s Oldest Blockchain Without Cryptocurrency has been Around since 1995

The World’s Oldest Blockchain Without Cryptocurrency has been Around since 1995

The World’s Oldest Blockchain Without Cryptocurrency has been Around since 1995

It is interesting to know that the world’s oldest blockchain technology has been around since 1995.  Cryptocurrency is not blockchain, it is just one use case of crypto.

CZ Binance shared: You can’t have a blockchain without crypto.

Community Response:  You can’t have crypto without a strong community.

What do you think about the 30% tax rule? Is it fair or not? What’s your opinion? Please tell us genuinely without any fear!

CZ, I’m in the UK and being asked to update my verification but via mobile app – I use YubIkey so can’t log in there. I am told in an email there is a deadline and my account gets restricted if I miss it. This is a bug, please fix it. Desktop access is needed for verification also.

Crypto is the first one to use blockchain technology but blockchain can exist without crypto. Blockchain is not only cryptocurrencies, didn’t expect such a tweet from a mind like you.

No sir. Crypto isn’t the first use case. A newspaper company used it long before magic internet coins. Public blockchain needs cryptocurrency to work while private blockchain does not need it. Cryptocurrencies are built using blockchain technology. A cryptocurrency is to a blockchain what email is to the Internet.

And these cryptocurrencies were created to decentralize and eliminate banks, but Binance is doing the opposite because they think they are going to make more money.

Defi decentralized finance technology, ecology, and advanced economic model have realized new wealth growth points for many people. “We have elected to put our money and faith in a mathematical framework that is free of politics and human error”.

Crypto and blockchain are technology but as a currency is unacceptable. So, cryptocurrency is useless. If the government will launch its cryptocurrency.

The most important thing nowadays is to not just recognize the importance of data, but also to act on it. I understand there aren’t many projects devoted to this, but what are your thoughts?

You can have a blockchain without crypto. A record of data doesn’t need to have a currency attached. A hash record does not need to hold value. It purely holds a set of numbers about data sent across.

Therefore, you can’t have just had one crypto because the future is multi-chains.

That’s not true at all. The world’s oldest blockchain has absolutely nothing to do with crypto and has been around since 1995.  There are other things you can use blockchain for. The most interesting idea I did see was using it to record history to keep historical records unchangeable. Just food for thought.

That’s entirely true, blockchain technology was built solely for crypto in the beginning and that’s has changed over the years with others like NFTs coming into place, It’s bound to get even better.

 

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dan saada

Dan hold a master of finance from the ISEG (France) , Dan is also a Fan of cryptocurrencies and mining. Send a tip to: 0x4C6D67705aF449f0C0102D4C7C693ad4A64926e9

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