Post
Topic
Board Development & Technical Discussion
Re: "Why blockchain needs cryptocurrency?"
by
domob
on 10/08/2018, 16:29:21 UTC
What do I answer if someone asks me this question? I have done some research but I am still confused so kindly help me out. And this is my first thread on forum kindly excuse me if I made any mistake.


Thank you!

Blockchain is a technology with many applications whereas cryptocurrency is only a part of the blockchain applications. There are other applications without need for cryptocurrency.

That was basically the OP's question.  In my opinion, there are no really sensible applications of a blockchain without a cryptocurrency, because that would then mostly be a private blockchain and, essentially, just a very inefficient database.