Bitcoin is not the only incentive that can be had in implementing blockchain technology.
There are a number of very promising use cases for blockchain, in education, healthcare, energy... none of which involve bitcoin at all.
Bitcoin is not the only incentive that can be had in implementing blockchain technology.
There are a number of very promising use cases for blockchain, in education, healthcare, energy... none of which involve bitcoin at all.
If you want to do interesting things with a trust-less, decentralized system, you need the mining and mining rewards.
Mining allows for high value transactions in a low trust environment, but lower value transactions are very possible without that.
IMO Tit for Tat is a much more interesting form of consensus building as it can be very low resource. But it's really all about the goals not the protocol.
I'm not asking for dissertations but could someone briefly explain how any of these problems/industries will be effected by blockchain.