Bitcoin Forum

Is it really the cryptocurrency Bitcoin that Satoshi Nakamoto focuses his attention with while creating this invention? or the blockchain? Is bitcoin just a front up to showcase the blockchain technology?

I think blockchain is the real deal in here not the cryptocurrency bitcoin.
Please share me your thoughts regarding this matter.

definitely blockchain for me. It's much bigger than bitcoin only, as the use is so widespread already and growing every day as more companies keep testing and implementing the tech

Well we can surely agree that Blockchain is one great technology that Satoshi had ever created and now it is being use as a locator for cars as a tracker and I think it can be used in all sort of things that don't need a Cryptocurrency anymore, But we can not separate bitcoin from the Blockchain technology and I think Blockchain has started with bitcoin so if we gaqin knowledge towards blockchain we can surely gain knowledge with bitcoin too, you can not separate bitcoin that is currently running with blockchain and I think that satoshi had done this as one both Bitcoin and Blockchain.

Blockchain definitively. Bitcoin is just a coin, Ethereum is just a token (at least I consider them so)....
A blockchain is a form of a distributed ledger then can be used in numerous ways - for issuing and distributing coins/ token, for making smart contracts etc.
I sincerely do believe that the inventor of Blockchain, and that is Satoshi, whoever she/he is, or they are, should receive a Nobel prize.

Bitcoin is just one of possible applications for blockchain. Blockchain is simply type of how data is organized or a ledger that can be decentralized and distributed and thus keep every part of data safe and secure and making it hard fro anybody to change it. We can see there are some projects such as ethereum, neo and others which are trying to put wider use case for blcockhain tech. Another thing is that some businesses are looking into implementing blockchains between their partners etc.

BTC is, indeed, satoshi technology product, but now there is only one application block chain technology feeling create token, no any other value, if this has been, I don't think BTC will be more and more valuable.

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Sources:
#1 https://en.wikipedia.org/wiki/Blockchain (https://en.wikipedia.org/wiki/Blockchain)
#2 https://en.wikipedia.org/wiki/Bitcoin (https://en.wikipedia.org/wiki/Bitcoin)

First there was Blockchain. Bitcoin was the first application of Blockchain. We all know Bitcoin was developed as a cryptocurrency for p2p transactions, so third parties are avoided. These transactions are stored on an open p2p network ledger with blockchain as the maintaining technology.

what happened first -  bitcoin or blockchain? I think bitcoin. and so there is no blockchain without bitcoin. bitcoin is the father of all alts.

Given a  chance ofcourse I would still buy bitcoins to the best I can. I still believe that investing with bitcoins can still give me various opportunities to experience financial freedom as long as I can work on with bitcoins wisely and carefully. So, yes I am considering buying bitcoins for future purposes.

One can argue that Satoshi focussed on one or the other, however, if you think about it, the two are pretty much synonymous. The first successful blockchain was bitcoin, bitcoin was the first successful crypto using a blockchain

The blockchain definitely. Bitcoin is just the product and definitely he is sure that it will become the focus someday in the future. The technology behind it is the primary focus and until today, the usage of the blockchain technology is still on its early years.

When Bitcoin broke into public consciousness in 2013, it couldn’t have been sexier: a digital currency being used to buy everything from drugs to cupcakes. Then the excitement shifted to an aspect of Bitcoin that is a bit less sexy: public online ledgers. Blockchain — the technology used for verifying and recording transactions that’s at the heart of Bitcoin — is seen as having the potential to reshape the global financial system and possibly other industries

Decentralized blockchain allows each server to connect and share the same role. by establishing a kind of peer to peer network this allows easier tracking of data and what if one of the servers gets interrupted can be backed up by another server and the server in question can be temporarily removed from the blockchain network, and bitcoin is just a tool

of course, it's blockchain, earlier and today the data is stored on paper or on computer servers which can be tampered by anyone without letting know someone. The data stored on blockchain cannot be altered no one can go back and change it because data is divided into blocks each containing a hash which are linked through a chain. I personally think that Satoshi invents Bitcoin just to showcase the use of blockchain. Because when you invent something there must be a use of it, so he invents Bitcoin as a peer to peer payment system which can be done without any 3rd party (banks), and all Bitcoin transaction stored on Blockchain as open source. You can just say the Bitcoin is the first application of Bitcoin.

Without Bitcoin you can't imagine block chain earlier two or three years, It's totally undeniable that people have become familiar with block chain through Bitcoin. So Bitcoin still playing the vital role for promoting block chain around the world. that's why I agree with you on this point that Bitcoin always playing in the front side for the block chain.
Obviously, Block chain is the biggest platform where Bitcoin is an important part. but the matter is, Bitcoin itself a brand regarding this platform.

I think that will be Bitcoin. Once upon a time, there is a lot of digital currency online but none of them is secured enough to stop the double spending. Then Satoshi came, made a digital currency that can't be double spent using a peer to peer network which is bitcoin. The other explanation, you can read here.

http://p2pfoundation.ning.com/forum/topics/bitcoin-open-source

and here

http://bitcoin.org/bitcoin.pdf


I don't think that it is Blockchain since he only found this technology a solution for the double spending. And if you will be reading the document by Satoshi Nakamoto, it clear states "BITCOIN : A PEER-TO-PEER ELECTRONIC CASH" not "BLOCKHAIN : A NEW TECHNOLOGY FOR DIGITAL CURRENCIES".

   Blockchain first product is Bitcoin and we need to honor that. Decentralization we have with Bitcoin
is something that this world needs, cause central systems are too much corrupted.
   Bitcoin is great, but I like all Blockchain products! There are so many of them, and for everything.
Smart contracts or applications you choose it Blockchain support`s it.


    Thai main advantages of Blockchain is that what you said Deevan! Data stored on Blockchain
can not be altered and it is transparent. We will be able to control government wallets, and we
can check where they spent tax money. I think world can be a better place if we use Blockchain
technology everywhere.

As one speaker said: if bitcoin and crypto currencies die, the blockage will continue to live, because it is an excellent technology that can be applied in many spheres

I think Blockchain is better than Bitcoin because it's a whole system that can be applied in many things, even banks or schools. But Bitcoin was just a currency and it could be disappear if there is another better currency.

Without blockchain, bitcoin is nothing. Blockchain are all the records of transaction of using bitcoin. Bitcoin is a currency which we should buy to use the benefit of the blockchain. Why we should compare both if they are both use to run the whole system?

Please try to understand the question. I'm not trying to compare bitcoin and blockchain. I just wonder what's the first invention that come up to Satoshi's brilliant mind.

Your title is very misleading.
They both co exist and they are both real deal. And your comparing the two like they are not as one system.

When Bitcoin was released as open source code, blockchain was released up together with it in the same solution. Bitcoin was the first application of the blockchain. Since then, the blockchain technology has been extrapolated for use in other industries. In one business use case, the blockchain is being used to track the provenance of luxury goods to minimize fraud, document tampering and double financing.

The discovery of bitcoin coin and Blockchain technology is an incredibly great invention and I believe that someday satoshi nakamoto will make a new discovery even more remarkable.

Without blockchain, bitcoin or other cryptocurrency is useless because Blockchain is a decentralized ledger of all transactions across a pier to pier network. Using this technology, participants can confirm transactions without a need for a central clearing authority.

 The idea of decentralization. By design, the blockchain is a decentralized technology. ... A global network of computers uses blockchain technology to jointly manage the database that records Bitcoin transactions. That is, Bitcoin is managed by its network, and not any one central authority.

Maybe it happened because with the intelligence and genius satoshi nakamoto to create new things that shocked the world with something new one day.

What do you mean?
Bitcoin is tradable and blockchain is a wallet?

I heard a quote recently, that's kind of like saying you like cars but you don't like steering wheels. The cryptocurrency is what gives the blockchain it's power, generally a blockchain without a token just ends up being a glorified database

The greatest invention in this case is blockchain technology, but bitcoin as product of blockchain technology is also the best invention. We can't ignore that bitcoin was changes many people lifes due to the increasing price of it. There arr many product of blockchain technology but only bitcoin that brings many positive impact.

Blockchain is a technology on which we can create Crypto currency and Bitcoin is a product of crypto currency. A lot of other work can also be made with Blockchain technology. It can be compare with raw IRON and a lot of things can be made with iron.

Yes, blockchain technology is much broader than bitcoin technology. Bitcoin is the first cryptocurrency that appears in the blockchain, but it is not the only one. Blockchain technology is an important aspect of future development.

Bitcoin is based on the development of the blockchain, so do not try to separate the two, but blockchain is a promising technology.

Financial service is the first application field of block chain technology.

The application of block chain technology can solve the pain points in payment, asset management and securities.

BTC is the most successful application of block chain financial service!

In my opinion bitcoin is the real form or result of the existence of blockchain technology. So I actually prefer blockchain technology because in the absence of blockchain technology, bitcoin is nothing.

Its certain that Blockchain is one of the greatest innovations that has ever been made,  but the two go in hand in hand. without Bitcoin, blockchain wouldn't have probably been heard of, ans without Blockchain, Bitcoin couldn't gave been as efficient ans safe as it is. they therefore depend on each other for existence.  Neither of them cab be written off, blockchain will be used for several other things outside cryptocurrency  but bitcoin is also here to stay

In the early day, bitcoin and blockchain is one. Bitcoin create the blockchain technology and so is bitcoin is the essence of blockchain technology. Nowadays, people misinterpreted blockchain as another platform of cryptotechnology, whereas it is just a product of bitcoin ecosystem technology, as said in whitepaper of bitcoin by satoshi nakamoto. CMIWW

You have to understand that blockchain has a lot of functional used not only with bitcoins. It can be used by different industry and you wouldn't believed that banks, yes, banks is the first recipient of this beautiful technology but they keeps on attacking it.

Yes, blockchain in the real deal and bitcoin is the king of cryptos. And there are really lot of features like incorruptible ledger and everything that has value can be recorded and can't be edited so its very secured as well.

Definitely Bitcoin with me.most have Bitcoin is the king of crypto world.i believed them Bitcoin is a legal crypto currency. Then greatfull investment or trading have depends Bitcoin. So Bitcoin also can make good profit like that.

If you spend this biton, you tell the whole network that you have transferred ownership of this bit. In doing so, you use the same key to prove that it is you.

Mining or mining bitcoins - is the creation of new blocks and adding them to the blockade. Recall that the entire Bitcoin system is built on the basis of the blockbuster