Hey guys,
I'm trying to understand the two concepts better. Can someone explain to me what is the fundamental difference between a torrent network and a block chain? What's the difference between sending a bitcoin and sending a music file in a peer to peer network? It may be a complex and rather open ended question, but I am prepared for a complex answer as well. Thanks in advance!
A Bittorrent swarm manages transfers of files. Files are digital and can be copied. The primary function of the swarm is to connect people. The basics of the protocol are concerned with how to perform the set task efficiently.
The Bitcoin network manages transfers of bitcoins. Bitcoins are virtual and cannot be copied. The primary function of the network is to enable transfers. The basics of the protocol are concerned with how to perform the set task at all.