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Blockchain and Cryptocurrency

Can cryptocurrency survive without blockchain?

Answers 1

The enabling technology for cryptocurrencies is blockchain technology or a better term is distributed ledger technology (DLT). Blockchain is just one form of DLT there are other forms of DLT like Directed Acyclic Graph. There are even combination of the two like Block-lattice. Blockchain is also the decentralizing mechanism of Cryptocurrencies without blockchan technology then they are no better than the virtual currencies you see on games. How can you "trust" them as they will easily be reproduced by the developers and there no participation in consensus.

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