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Bitcoin => Bitcoin Discussion => Topic started by: busua on January 26, 2018, 03:20:55 AM



Title: What is the relationship between bitcoin and blockchain?
Post by: busua on January 26, 2018, 03:20:55 AM
With respect to the blockchain, almost all of the technology is available before bitcoin, but no one thinks it works until bitcoin, so bitcoin is the first successful application of blockchain technology. To the extent that bitcoin is the first blockchain there's nothing wrong with it. If you want to understand the blockchain technology, Bitcoin is indeed a thing that can't go around.


Title: Re: What is the relationship between bitcoin and blockchain?
Post by: ktabb on January 26, 2018, 03:25:50 AM
With respect to the blockchain, almost all of the technology is available before bitcoin, but no one thinks it works until bitcoin, so bitcoin is the first successful application of blockchain technology. To the extent that bitcoin is the first blockchain there's nothing wrong with it. If you want to understand the blockchain technology, Bitcoin is indeed a thing that can't go around.

Blockchain did not exist before bitcoin. It was invented by Satoshi Nakamoto, whoever that is.

https://en.wikipedia.org/wiki/Blockchain


Title: Re: What is the relationship between bitcoin and blockchain?
Post by: sadacoin on January 26, 2018, 03:29:03 AM
First, the blockchain is a technology that was invented only by bitcoin, and Chuang Saton's original intention was to complete a great experiment in bitcoin with the new monetary system in the world through bitcoin, that is, Instead of inventing blockchain, Bitcoin invented rather than invented the blockchain.


Title: Re: What is the relationship between bitcoin and blockchain?
Post by: ruletheworld on January 26, 2018, 03:31:40 AM
With respect to the blockchain, almost all of the technology is available before bitcoin, but no one thinks it works until bitcoin, so bitcoin is the first successful application of blockchain technology. To the extent that bitcoin is the first blockchain there's nothing wrong with it. If you want to understand the blockchain technology, Bitcoin is indeed a thing that can't go around.

The usual trope about "blockchain technology" generally gets it in reverse. The idea of "blockchain technology" was used by the media and some startups that wanted to 'sanitize' Bitcoin from its association with drugs/dark markets. Therefore, the usual phrasing became "We don't like Bitcoin, but blockchain technology behind Bitcoin is really innovative". It's funny, but I heard the exact same sentiment on the crypto asset panel in Davos earlier today too, so this line of thinking is still with us, unfortunately.

What Bitcoin solved is the Byzantine General's Problem (Wiki: https://en.wikipedia.org/wiki/Byzantine_fault_tolerance), which, in a nutshell, is a way for untrusting parties to come to a consensus on a shared piece of information. Bitcoin uses the solution to create a global and distributed ledger. This ledger 's state is agreed upon by all participants.

It is remarkable if you think about it - you may be in China, Japan, Russia, Australia, Sweden, Luxembourg, Brazil, etc. and all the people agree to the current state of the ledger. These parties have never even met each other. They may be honest or dishonest. They may be humans or machines. But they all agree to the state of Bitcoin's current ledger. That's a powerful idea.

The blockchain is just a data structure with some desirable properties, that Bitcoin employs. This is definitely clever, but by no means "the innovation behind Bitcoin". It might as well be a block-tree or something else. The data structure is cool but not the core fundamental feature of Bitcoin. Yes, Bitcoin was the first system that made use of the blockchain, but there were similar ideas (hashed linked-list type structures) that pre-date Bitcoin. Don't let "blockchain technology" fool you into not really appreciating what Bitcoin is and what problems it solved.


Title: Re: What is the relationship between bitcoin and blockchain?
Post by: ommochain on January 26, 2018, 03:32:11 AM
Bitcoin should be the mother of the block chain. This is also the reason why blockchain can not bypass bitcoin because bitcoin can survive to this stage is not easy, experienced several tribulations before today's position, and he was born with blockchain technology The same is true. Now people are going to talk about the blockchain first to see how the blockchain of Bitcoin comes from. Any newly designed blockchain should think carefully about whether it can withstand the market and the reality.


Title: Re: What is the relationship between bitcoin and blockchain?
Post by: semutracing on January 26, 2018, 03:34:29 AM
With respect to the blockchain, almost all of the technology is available before bitcoin, but no one thinks it works until bitcoin, so bitcoin is the first successful application of blockchain technology. To the extent that bitcoin is the first blockchain there's nothing wrong with it. If you want to understand the blockchain technology, Bitcoin is indeed a thing that can't go around.

Bitcoin is one product that runs on Blockchain. others said blockchain is a peer-to-peer network connected with miners computers that will confirm a transaction and will give the results of its confirmation to another computer, so that a transaction can happen


Title: Re: What is the relationship between bitcoin and blockchain?
Post by: ajjhu on January 26, 2018, 04:26:54 AM
First of all, do not think the blockchain is overly profound. He is a database storage system that works together around the world and is able to work together, as opposed to traditional database operations - where read and write permissions rest on a company or a centralizer Feature), the blockchain believes that anyone with the ability to set up a server can participate. Nuggets from around the world have deployed their own servers locally and connected to the blockchain network to become a node in this distributed database storage system; once joined, the node has exactly the same rights as all the other nodes And obligations (decentralized, distributed). At the same time, people who work on the blockchain can read and write to any node in the system. Finally, all nodes in the world will synchronize with each other according to a certain mechanism, The data in all nodes in the blockchain network is exactly the same.


Title: Re: What is the relationship between bitcoin and blockchain?
Post by: bjjobg55206 on January 26, 2018, 05:09:58 AM
With respect to the blockchain, almost all of the technology is available before bitcoin, but no one thinks it works until bitcoin, so bitcoin is the first successful application of blockchain technology. To the extent that bitcoin is the first blockchain there's nothing wrong with it. If you want to understand the blockchain technology, Bitcoin is indeed a thing that can't go around.

Blockchain did not exist before bitcoin. It was invented by Satoshi Nakamoto, whoever that is.

https://en.wikipedia.org/wiki/Blockchain

I think they are not any relationship ,the bitcoin just a currency ,and the blockchain is a technology which was good for the company to save the cost.


Title: Re: What is the relationship between bitcoin and blockchain?
Post by: pooya87 on January 26, 2018, 05:10:49 AM
With respect to the blockchain, almost all of the technology is available before bitcoin, but no one thinks it works until bitcoin, so bitcoin is the first successful application of blockchain technology. To the extent that bitcoin is the first blockchain there's nothing wrong with it. If you want to understand the blockchain technology, Bitcoin is indeed a thing that can't go around.

Blockchain did not exist before bitcoin. It was invented by Satoshi Nakamoto, whoever that is.

https://en.wikipedia.org/wiki/Blockchain

i think technically we can say there WAS blockchain before bitcoin.

according to the history part of the link you posted here, The first work on a cryptographically secured chain of blocks (which is the other way of calling block-chain aka chain of blocks) was described in 1991 by Stuart Haber and W. Scott Stornetta.

the keyword in the second paragraph is "conceptualised". it says first blockchain but it practically means before bitcoin it was little work, lets say mostly theoretical than actual large scale blockchain like what bitcoin started.


Title: Re: What is the relationship between bitcoin and blockchain?
Post by: frery on January 26, 2018, 05:19:58 AM
With respect to the blockchain, almost all of the technology is available before bitcoin, but no one thinks it works until bitcoin, so bitcoin is the first successful application of blockchain technology. To the extent that bitcoin is the first blockchain there's nothing wrong with it. If you want to understand the blockchain technology, Bitcoin is indeed a thing that can't go around.
As a decentralized, shared and encrypted distributed ledger technology, blockchain has three salient features: decentralized, traceable, and unreadable, so blockchain technology has transactional autonomy and saves regulatory costs , great confidentiality and security. However, the blockchain has been only a low-level technology for a long time and the application scenarios have not progressed smoothly. On the contrary, the digital tokens derived from it, such as Bitcoin, Ethereum, and all kinds of tokens, have suddenly become the darlings of the capital market and have become the objects of people's esteem and speculation.


Title: Re: What is the relationship between bitcoin and blockchain?
Post by: pushups44 on January 26, 2018, 05:22:30 AM
Bitcoin is not synonymous with blockchain, though it was the first blockchain. The bitcoin blockchain is distributed, permissionless, and decentralized. All blockchains can vary in these and other features.


Title: Re: What is the relationship between bitcoin and blockchain?
Post by: universal3ee on January 26, 2018, 05:33:39 AM
Based on my little knowledge i presume bitcoin and blockchain relation is bitcoin do all the transactions and blockchain act as a middle man to input all the transaction into the blockchain network....


Title: Re: What is the relationship between bitcoin and blockchain?
Post by: gabbie2010 on January 26, 2018, 05:45:16 AM
Blockchain is a technology that works on the principle of creation of a  blocks of data and interlinking them to each other, while bitcoin is a cryptocurrency that works and implemented using blockchain technology.


Title: Re: What is the relationship between bitcoin and blockchain?
Post by: Zeinabdullah on January 26, 2018, 05:50:33 AM
With respect to the blockchain, almost all of the technology is available before bitcoin, but no one thinks it works until bitcoin, so bitcoin is the first successful application of blockchain technology. To the extent that bitcoin is the first blockchain there's nothing wrong with it. If you want to understand the blockchain technology, Bitcoin is indeed a thing that can't go around.
blockchain uses a decentralized system that wants efficiency. When someone buys a bitcoin coin, the computer system connected to the blockchain network will record and provide validity automatically. So, minimal error, fast, cheaper and easier.
while Bitcoin itself is the first currency that runs in the network without the need for central mediators or publishers thanks to the decentralized blockchain.


Title: Re: What is the relationship between bitcoin and blockchain?
Post by: dicom on January 26, 2018, 06:02:51 AM
1. Blockchain is the original core bitcoin technology. Before Bitcoin was invented, there was no such thing as a blockchain in the world.
2. After the invention of bitcoin, many people refer to the blockchain implementation in bitcoin and use similar technologies to implement various applications, which are collectively referred to as blockchain technology. The various chains implemented with blockchain technology are the blockchain.
3.eth is Ethereum, is to achieve a smart contract, a competitive currency, etc is the ethical fork currency.


Title: Re: What is the relationship between bitcoin and blockchain?
Post by: howlong3098 on January 26, 2018, 06:03:48 AM
Bitcoin is a cryptocurrency based on blockchain, which is used for peer validation and peer-to-peer transactions worldwide. Blockchain technology allows transactions to be validated, saved, and can not be changed by anyone, because the data is encrypted and distributed.


Title: Re: What is the relationship between bitcoin and blockchain?
Post by: rontme on January 26, 2018, 06:09:00 AM
Blockchain is the underlying technology of Bitcoin. A blockchain is a string of data blocks that are generated using cryptography. Each data block contains information about a Bitcoin transaction, To verify the validity of their information (anti-counterfeiting) and to generate the next block. At present, most other digital currencies other than bitcoin, such as Litecoin, have actually borrowed this technology regardless of the algorithm. Bitcoin can be said to be the first application of blockchain technology and one of the most successful applications so far. It is mentioned that blockchain is definitely going around Bitcoin, just as online shopping can not be without Taobao. Of course, with the speculation of the blockchain concept and the entry of capital, more applications will surely emerge in the future.


Title: Re: What is the relationship between bitcoin and blockchain?
Post by: qwesasd on January 26, 2018, 06:12:35 AM
With respect to the blockchain, almost all of the technology is available before bitcoin, but no one thinks it works until bitcoin, so bitcoin is the first successful application of blockchain technology. To the extent that bitcoin is the first blockchain there's nothing wrong with it. If you want to understand the blockchain technology, Bitcoin is indeed a thing that can't go around.
Bitcoin uses blockchain technology, but the blockchain is not the same as bitcoin. First, we have to figure out one problem is that bitcoin is a blockchain, but the blockchain is not bitcoin. Therefore, in the blockchain's answer to this question, it is inaccurate to mention the words "miner", "mining", "longest chain", "bifurcation" and so on.


Title: Re: What is the relationship between bitcoin and blockchain?
Post by: bunca on January 26, 2018, 06:15:57 AM
Blockchain technology is the core of the Internet value chain, is the realization of the underlying agreement. Analog TCP ip protocol is the cornerstone of the entire Internet. Bitcoin is the most typical and most widely used blockchain protocol. Analogy is the http protocol is tcp IP protocol y the most widely used layer protocol. The Internet must mention the web, web is the most important way for the public to know and access the Internet. Bitcoin is also a major way for the general public to understand and access the blockchain. The difference is that the blockchain was designed to enable bitcoin, and http was later created.


Title: Re: What is the relationship between bitcoin and blockchain?
Post by: zolfa on January 26, 2018, 06:20:39 AM
bitcoin chains and blocks have very important relationships, such as vehicles and petrol, vehicles without gasoline will not run, and I think if bitcoin without a chain block then it will not work. This means that all transaction data is processed in a block chain.


Title: Re: What is the relationship between bitcoin and blockchain?
Post by: desklamp on January 26, 2018, 06:23:04 AM
While bitcoin is the digital asset (currency), blockchain is the technology that bitcoin is built on. Therefore, bitcoin is dependent on blockchain technology. Without blockchain, bitcoin would not be valuable because there would be no secure method of transacting in it. Blockchain provides a verifiable database ensuring that all purported transfers are actually transfers. As a result, you are protected from double spending and fraud.


Title: Re: What is the relationship between bitcoin and blockchain?
Post by: gulechain on January 26, 2018, 06:24:49 AM
In short, bitcoin is just a small application of blockchain technology, like the APP in the apple store. Bitcoin is one of the technical implementations of blockchain. The application of blockchain technology has a wide range of applications. Decentralization is the only way for society to adapt to the needs of the future society.


Title: Re: What is the relationship between bitcoin and blockchain?
Post by: bunsd on January 26, 2018, 06:28:03 AM
It's like the relationship between a car engine and a Ford sedan. The Ford Sedan was the first car built using a car engine, the first digital currency to be issued using blockchain technology. You say ETH, ETC, etc. is like Toyota, Volkswagen and other cars later made. They are also the digital currency issued by Basel and Blockchain Technologies. Although all car engines, but different manufacturers have their own unique skills, the same blockchain, different blockchain has its own characteristics.


Title: Re: What is the relationship between bitcoin and blockchain?
Post by: Colorblind on January 26, 2018, 06:28:47 AM
With respect to the blockchain, almost all of the technology is available before bitcoin, but no one thinks it works until bitcoin, so bitcoin is the first successful application of blockchain technology. To the extent that bitcoin is the first blockchain there's nothing wrong with it. If you want to understand the blockchain technology, Bitcoin is indeed a thing that can't go around.

Even though all math functions blockchain utilizes indeed was present and used in time before bitcoin, you can't say BlockChain was available before bitcoin. All letters in this sentence are known for centuries but I'm quite certain that meaning of this post appears first time in history (jeez that makes me proud).

Even though all core principals was known it took a lot of thought and vision to put it all together into working system we call BlockChain.


Title: Re: What is the relationship between bitcoin and blockchain?
Post by: dashchain on January 26, 2018, 06:30:55 AM
The easiest way to say: If bitcoin is money, the blockchain is the ledger that records bitcoin transfers, but the blockchain is not unique to bitcoin alone, there are other digital currency blockchains and other applications Area blockchain.


Title: Re: What is the relationship between bitcoin and blockchain?
Post by: asdfbna on January 26, 2018, 06:33:56 AM
For example, if the blockchain is the Internet, Bitcoin is like the first e-mail program. Altcoins are like other email programs that later imitate. Bitcoin is the first application of blockchain technology, but the prospect of blockchain development in the future is very broad, not limited to digital money. Just as the Internet is booming, its scope of application goes far beyond email. Ethereum added a smart contract to the blockchain, just as email adds the ability to send attachments.


Title: Re: What is the relationship between bitcoin and blockchain?
Post by: globalctzn on January 26, 2018, 06:35:06 AM
Bitcoin and blockchain are actually inseparable. But to understand the relationship between the two we can say that blockchain is the technology that powers bitcoin. In other words bitcoin is relying on the blockchain to function. And bitcoin was actually the first innovation that proves that blockchain technology can work and be applied in different industries.


Title: Re: What is the relationship between bitcoin and blockchain?
Post by: Coin12 on January 26, 2018, 06:36:46 AM
With respect to the blockchain, almost all of the technology is available before bitcoin, but no one thinks it works until bitcoin, so bitcoin is the first successful application of blockchain technology. To the extent that bitcoin is the first blockchain there's nothing wrong with it. If you want to understand the blockchain technology, Bitcoin is indeed a thing that can't go around.

Maybe expert more understand what the realation betwen these two thing.
Simply, i think bitcoin is the working in blockchain technology and the product names bitcoin and the technology names blockchain.
Sorry if i can not explain well.


Title: Re: What is the relationship between bitcoin and blockchain?
Post by: QuestionAuthority on January 26, 2018, 06:43:07 AM
The ideas behind the blockchain data structure have been around for a long time. Bitcoin wasn't a bolt of lightning from the heavens. There is a long history of people working on digital cash going back 20+ years. Some work as early as 1991, for instance. But at that time, the cryptography required to make it viable was embargoed in the US (classed as munitions). Then in 1996, executive order 13026 demilitarized strong cryptography, unleashing a lot of work in this area; Nick Szabo’s papers followed in 1997–1998, for instance. I’d say it’s reasonable that it took a decade, from 1998 until the bitcoin white paper in 2008, for the community to try a bunch of different approaches, finally discovering a combination that would work well enough to attract enough interest.


Title: Re: What is the relationship between bitcoin and blockchain?
Post by: jatin729 on January 26, 2018, 06:44:21 AM
Block chain is computer based technology which is actually running behind crypto currencies and bitcoin is one of them. without blockchain bitcoin can't survive
if blockchain does not there. When we send transaction of bitcoin to someone than Blockchain automatically generate some space and highly secured transaction ID which can't be hacked. so we can say blockchain provide simple and secure platform for bitcoin.


Title: Re: What is the relationship between bitcoin and blockchain?
Post by: Farvin2 on January 26, 2018, 06:47:23 AM
Blockchain is a recording system or database that is distributed throughout the network and Blockchain is a system that does not use third-party. While the bitcoin is crypto ccurency which uses blockchain system.