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Bitcoin => Bitcoin Discussion => Topic started by: nasi on April 19, 2016, 12:06:53 PM



Title: when someone say blockhain technology do they mean blockhain bbiitcoin?
Post by: nasi on April 19, 2016, 12:06:53 PM
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Title: Re: when someone say blockhain technology do they mean blockhain bbiitcoin?
Post by: Shibashi Dogemoto on April 19, 2016, 12:08:09 PM
blockchain = the public ledger holding all bitcoin transactions ever made... So if somebody is saying "blockchain technology", they mean: the technology for creating a public ledger...


Title: Re: when someone say blockhain technology do they mean blockhain bbiitcoin?
Post by: 7788bitcoin on April 19, 2016, 01:27:17 PM
Most bankers or politicians try to avoid using the word "bitcoin" as it really threatening their positions. However, using the word "blockchain" makes them techno-savvy...

Although bitcoin does equal to blockchain, I think bitcoin is a perfect example of decentralised blockchain implementation.


Title: Re: when someone say blockhain technology do they mean blockhain bbiitcoin?
Post by: Jasad on April 19, 2016, 02:26:08 PM
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blockchain is a part of bitcoin technology,i said blockchain the first bitcoin provider,and not just bitcoin that provide in bitcoin transaction,but all people talk about blockchain technology,they not talk about bitcoin,and its different between bitcoin and blockchain,even blockchain can't free from bitcoin.


Title: Re: when someone say blockhain technology do they mean blockhain bbiitcoin?
Post by: gentlemand on April 19, 2016, 02:55:45 PM
Nope. They want to like the technology behind it and have nothing to do with Bitcoin itself. It's a fun code.


Title: Re: when someone say blockhain technology do they mean blockhain bbiitcoin?
Post by: btccashacc on April 19, 2016, 03:18:48 PM
Banks and some economic organization only interested on technology behind bitcoin yeah the blockchain, they won't use bitcoin word for any reason althought bitcoin and blockchain are connected, nowdays so many company out there are developed this technology, disney is the one of them


Title: Re: when someone say blockhain technology do they mean blockhain bbiitcoin?
Post by: Bitguybillionaire on April 19, 2016, 03:20:31 PM
No not necessarily, they just use the technology, nothing to do with the bitcoin though


Title: Re: when someone say blockhain technology do they mean blockhain bbiitcoin?
Post by: LiteCoinGuy on April 19, 2016, 03:23:47 PM
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Title: Re: when someone say blockhain technology do they mean blockhain bbiitcoin?
Post by: Vaskiy on April 19, 2016, 05:08:06 PM
No not necessarily, they just use the technology, nothing to do with the bitcoin though
Yeah some banks have some interest on blockchain technology but avoid bitcoin as it is a thread for the banks.


Title: Re: when someone say blockhain technology do they mean blockhain bbiitcoin?
Post by: n691309 on April 19, 2016, 05:10:27 PM
Something that is public and that can be accessed by everyone on when where the transaction made, they refer to bitcoin but not completely, only the concept.


Title: Re: when someone say blockhain technology do they mean blockhain bbiitcoin?
Post by: nasi on April 19, 2016, 05:29:04 PM
true most companis  bank dont say bitcoin and only blockhain word.


Title: Re: when someone say blockhain technology do they mean blockhain bbiitcoin?
Post by: nasi on April 19, 2016, 05:30:19 PM
so if they are only for blockhain it means bitcoin can go dead.?

one quick qustion can bblockhain be used without bitcoin?

two companies now using blockhain bank aswell and beta banks.

red hat, IBM


Title: Re: when someone say blockhain technology do they mean blockhain bbiitcoin?
Post by: Lauda on April 19, 2016, 05:35:15 PM
so if they are only for blockhain it means bitcoin can go dead.?
Regardless of what they focus on, there is always a chance that Bitcoin will die.

one quick qustion can bblockhain be used without bitcoin?
Obviously. Pretty much all altcoins have their own blockchains.

two companies now using blockhain bank aswell and beta banks.
red hat, IBM
Depends. If they are using a centralized/distributed system, I'd disagree with that definition of a blockchain.


Title: Re: when someone say blockhain technology do they mean blockhain bbiitcoin?
Post by: yenxz on April 19, 2016, 05:54:33 PM
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they not mean to bitcoin,its only take blockchain technology to applicate any goverment and companies need,they see any benefit to use blockchain technology to create transparancy.


Title: Re: when someone say blockhain technology do they mean blockhain bbiitcoin?
Post by: Kprawn on April 19, 2016, 07:09:37 PM
Bitcoin is just a token that reflects the currency on the Blockchain. You get a public Blockchain and you get a private Blockchain. The public Blockchain is permissionless, like Bitcoin and

accessible to everyone and then you get a cheap imitation or a copy cat version .... private ledgers based on the original idea, but it is permissioned. Bitcoin has had a bit of a shady past, with MtGox

and Silkroad and now these fancy upmarket white collar elite wants to distance themselves from that past and just acknowledge the Blockchain technology on which Bitcoin is built. It is actually very

funny for the people who knows the difference...  ;D ;D ;D ;D {We {Bitcoin} are the Black sheep in the family.   


Title: Re: when someone say blockhain technology do they mean blockhain bbiitcoin?
Post by: nasi on April 22, 2016, 07:21:26 PM
using blockhain means bitcoin price will rise?


Title: Re: when someone say blockhain technology do they mean blockhain bbiitcoin?
Post by: Boosterious on April 23, 2016, 12:29:43 AM
using blockhain means bitcoin price will rise?
No,its will not make bitcoin price rise,some companies try to adopt blockchain technology,and its not related with bitcoin,they use ony the technology and cencept.


Title: Re: when someone say blockhain technology do they mean blockhain bbiitcoin?
Post by: gizmohead on April 23, 2016, 02:53:36 AM
Partial quote form Bitcoin.org vocabulary webpage:

"Bitcoin

Bitcoin - with capitalization, is used when describing the concept of Bitcoin, or the entire network itself. e.g. "I was learning about the Bitcoin protocol today."
bitcoin - without capitalization, is used to describe bitcoins as a unit of account. e.g. "I sent ten bitcoins today."; it is also often abbreviated BTC or XBT.
Block

A block is a record in the block chain that contains and confirms many waiting transactions. Roughly every 10 minutes, on average, a new block including transactions is appended to the block chain through mining.
Block Chain

The block chain is a public record of Bitcoin transactions in chronological order. The block chain is shared between all Bitcoin users. It is used to verify the permanence of Bitcoin transactions and to prevent double spending."


Title: Re: when someone say blockhain technology do they mean blockhain bbiitcoin?
Post by: Herbert2020 on April 23, 2016, 08:44:39 AM
using blockhain means bitcoin price will rise?

i want to say "No" because when they say we are using blockchain they mean we are just using the technology and we will create an "ALTCOIN" so it has nothing to do with bitcoin.

but at the same time this might bring some popularity to bitcoin because a big company is talking about bitcoin anyways, but i doubt if it is that effective to be noticeable.


Title: Re: when someone say blockhain technology do they mean blockhain bbiitcoin?
Post by: Amph on April 23, 2016, 09:48:20 AM
you need to separate the two, the blockchain is the circuit on which bitcoin work but other possibilities may work, pretty much like circuit of visa or mastercard