Bitcoin Forum
October 23, 2017, 09:49:05 AM *
News: Latest stable version of Bitcoin Core: 0.15.0.1  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: Blockchain vs Bitcoin  (Read 763 times)
czechkid
Full Member
***
Offline Offline

Activity: 149


View Profile
February 02, 2016, 01:19:38 PM
 #1

Hello,
I'm bit confused about why companies keep focusing on blockchain technology and not really on Bitcoin.

I see people loosing hope on bitcoin and saying something new will come and blah blah blah. And thats the mistake i think. We all as 1 community need to fight for it and make bitcoin what we want.

Banks, companies and organizations focused on blockchain. I understand that blockchain is important to Bitcoin but in my opinion they are just trying to find a way  to centrelize it and make money and have total control. Just like banks.

Why arent there funds and investments into bitcoin?

Just stating my opinion, im open to corrections and more knowledge Wink
1508752145
Hero Member
*
Offline Offline

Posts: 1508752145

View Profile Personal Message (Offline)

Ignore
1508752145
Reply with quote  #2

1508752145
Report to moderator
1508752145
Hero Member
*
Offline Offline

Posts: 1508752145

View Profile Personal Message (Offline)

Ignore
1508752145
Reply with quote  #2

1508752145
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
aubert
Legendary
*
Online Online

Activity: 910



View Profile
February 02, 2016, 01:21:41 PM
 #2

because bitcoin is fine, and blockchain isn't fine, bitcoin can't stand without blockchain, correct me if im wrong

██
█║█
║║║
║║║
█║█
██
'BTC MULTI-WALLET SOON'
▬▬▬▬ Download WHITEPAPER ▬▬▬▬

                    ▄██▄
                  ▄██████▄
                ▄██████████
              ▄██████████▀   ▄▄
            ▄██████████▀   ▄████▄
          ▄██████████▀    ████████▄
         ██████████▀      ▀████████
         ▀███████▀   ▄███▄  ▀████▀   ▄█▄
    ▄███▄  ▀███▀   ▄███████▄  ▀▀   ▄█████▄
  ▄███████▄      ▄██████████     ▄█████████
  █████████    ▄██████████▀    ▄██████████▀
   ▀█████▀   ▄██████████▀    ▄██████████▀
     ▀▀▀   ▄██████████▀    ▄██████████▀
          ██████████▀    ▄██████████▀
          ▀███████▀      █████████▀
            ▀███▀   ▄██▄  ▀█████▀
                  ▄██████▄  ▀▀▀
                  █████████
                   ▀█████▀
                     ▀▀▀
e i d o o
██

███▀▀
▐▐▌
▐▌
▐▌
▐▐▌
███▄▄
▀▀███
▐▌▌
▐▌
▐▌
▐▌▌
▄▄███
avatar_kiyoshi
Legendary
*
Offline Offline

Activity: 952


Campaign manager & Designer https://goo.gl/Ahh2r2


View Profile WWW
February 02, 2016, 01:44:31 PM
 #3

Because they won't risking their assets into bitcoin.
Blockchain can use as they ledger, with transparent, without sabotage and public form.
elizabethqueen
Sr. Member
****
Offline Offline

Activity: 252



View Profile
February 02, 2016, 03:50:14 PM
 #4

Hello,
I'm bit confused about why companies keep focusing on blockchain technology and not really on Bitcoin.

I see people loosing hope on bitcoin and saying something new will come and blah blah blah. And thats the mistake i think. We all as 1 community need to fight for it and make bitcoin what we want.

Banks, companies and organizations focused on blockchain. I understand that blockchain is important to Bitcoin but in my opinion they are just trying to find a way  to centrelize it and make money and have total control. Just like banks.

Why arent there funds and investments into bitcoin?

Just stating my opinion, im open to corrections and more knowledge Wink
yes i also wondering about that,not because i really dont understand about bitcoin technology,but because i just see some article about banks and other company interest with blockchain,but they not talk about bitcoin,maybe they afraid cannot control bitcoin,and try to make better thing than bitcoin.

rienelber
Full Member
***
Offline Offline

Activity: 154

★YoBit.Net★ 350+ Coins Exchange & Dice


View Profile
February 02, 2016, 04:01:36 PM
 #5

I think you're missing the point of blockchain technology. It might be used for purposes that go way beyond the current limitations in bitcoin. Private corporations are interested in using this technology for several applications, not only storing and transferring money.

BoeserKeller
Member
**
Offline Offline

Activity: 112


View Profile
February 02, 2016, 04:03:20 PM
 #6

I think you're missing the point of blockchain technology. It might be used for purposes that go way beyond the current limitations in bitcoin. Private corporations are interested in using this technology for several applications, not only storing and transferring money.


Exactly, and bitcoin is currently controlled by a few groups of huge miners and enchanges, so it does not provide complete freedom of innovation to those researching blockchain-related technologies.
Betwrong
Legendary
*
Offline Offline

Activity: 896



View Profile
February 02, 2016, 04:13:58 PM
 #7

Hello,
I'm bit confused about why companies keep focusing on blockchain technology and not really on Bitcoin.

I see people loosing hope on bitcoin and saying something new will come and blah blah blah. And thats the mistake i think. We all as 1 community need to fight for it and make bitcoin what we want.

Banks, companies and organizations focused on blockchain. I understand that blockchain is important to Bitcoin but in my opinion they are just trying to find a way  to centrelize it and make money and have total control. Just like banks.

Why arent there funds and investments into bitcoin?

Just stating my opinion, im open to corrections and more knowledge Wink

I'm sure that some of them are investing into Bitcoin too but hiding the fact. They might don't want Bitcoin to prosper but on the other hand they don't want to lose an opportunity to make some money on Bitcoin's rising. 

czechkid
Full Member
***
Offline Offline

Activity: 149


View Profile
February 02, 2016, 10:02:49 PM
 #8

I think you're missing the point of blockchain technology. It might be used for purposes that go way beyond the current limitations in bitcoin. Private corporations are interested in using this technology for several applications, not only storing and transferring money.


Exactly, and bitcoin is currently controlled by a few groups of huge miners and enchanges, so it does not provide complete freedom of innovation to those researching blockchain-related technologies.


So someone should change that and not let fiat system happen again. I know they are using blockchain for other applications as well but still what about bitcoin? Should we just throw it out? NO! It needs to be fixed and it needs to be the way it was meant to be. We need this money system not other applications as of now
SFR10
Hero Member
*****
Offline Offline

Activity: 868



View Profile WWW
February 03, 2016, 03:12:30 AM
 #9

It's because their trying to implement it to whatever system they own and have so it could benefit them more in the long run (a bit also for their users). Mostly banks will try to do all they could, to get rid of BTCitcoin so they've been trying to understand and study blockchain for a while now and If I'm not wrong, some have started initial stages of integration already.

kevin go
Full Member
***
Offline Offline

Activity: 154

I ❤ www.LuckyB.it!


View Profile
February 03, 2016, 04:57:09 AM
 #10

in my opinion ..bcause blockchain is the first famous transaction in btc..btc user also comfort with fast and low fee transaction in there
and now all transaction maybe take control by blockchain, so it will hard to move to the others

BellaBitBit
Hero Member
*****
Offline Offline

Activity: 560


View Profile
February 03, 2016, 05:03:19 AM
 #11

It's because their trying to implement it to whatever system they own and have so it could benefit them more in the long run (a bit also for their users). Mostly banks will try to do all they could, to get rid of BTCitcoin so they've been trying to understand and study blockchain for a while now and If I'm not wrong, some have started initial stages of integration already.

This.  They seem to think that Bitcoin will just go away in the night if they keep saying "blockchain" enough. 

There are many uses for the blockchain other than a currency.  It would be top notch for deeds, voting, and other documents or record keeping - fraudulent or lost documents would become a thing of the past.

I love Bitcoin
Kakmakr
Legendary
*
Offline Offline

Activity: 1078

★ ChipMixer | Bitcoin mixing service ★


View Profile
February 03, 2016, 05:32:01 AM
 #12

Bitcoin has become the <Bad Boy> of Crypto currencies. Not of it's own doing, but all the scammers and hackers and Ponzi's tainting it's image. These companies needed a new <Cool> name not associated with Bitcoin, even though it is directly linked to it, so they chose the underlying technology, called <The Blockchain>

So if investors ask them what the technology is, they can say it is <The Blockchain> It is a simple marketing gimmick to fool uninformed investors and the general public.

~Bitcoin~
Legendary
*
Offline Offline

Activity: 868



View Profile
February 03, 2016, 05:47:08 AM
 #13

because bitcoin is fine, and blockchain isn't fine, bitcoin can't stand without blockchain, correct me if im wrong
It is better to say blockchain is technology and bitcoin is only an asset which work on blockchain technology. Technology never dies but assets can be devalued with time. I think this one will sound perfect.

dothebeats
Legendary
*
Offline Offline

Activity: 1246


Too many butthurt alt accounts I see recently. Hmm


View Profile WWW
February 03, 2016, 05:51:41 AM
 #14

because bitcoin is fine, and blockchain isn't fine, bitcoin can't stand without blockchain, correct me if im wrong
It is better to say blockchain is technology and bitcoin is only an asset which work on blockchain technology. Technology never dies but assets can be devalued with time. I think this one will sound perfect.

Both cannot exist separately as far as I know on how it works. You cannot create a ledger (blockchain) without something to record and on the other hand, you cannot validate a transaction (bitcoin) without anyone verifying it on a publicly-displayed ledger. Correct me if I'm wrong but that's how I perceive it.

arbitrage
Hero Member
*****
Online Online

Activity: 546



View Profile
February 03, 2016, 07:41:28 AM
 #15

We could see new usage of blockchain in near future and everything we could do is to adopt or stay loyal to bitcoin.
It is hard to predict trend of new technology.



       ▄███████████████▄▄
        ▀▀▀▀▀▀▀▀▀▀▀████████▄
                   ▄█████████▄
   ▄█████████▄ ▄███████████████▄
    ▀▀▀▀▀▀▀▀▀   ▀▀▀█████████████▄
                   ▄█████████████
    ▄██████▄ ▄███████████████████
     ▀▀▀▀▀▀   ▀▀▀▀▀██████████████
                   ▄████████████▀
▄████▄ ▄███████████████████████▀
 ▀▀▀▀   ▀▀▀▀▀▀▀▀▀▀▀██████████▀
      ▄▄▄▄▄▄▄▄▄▄▄▄▄████████▀
     ▀█████████████████▀▀
██
██
║║
║║
██
██
██
██
║║
║║
██
██
██
██
║║
║║
██
██



                 ▄████▄▄    ▄
██             ████████████▀
████▄         █████████████▀
▀████████▄▄   █████████████
▄▄█████████████████████████
██████████████████████████
  ▀██████████████████████
   █████████████████████
    ▀█████████████████▀
      ▄█████████████▀
▄▄███████████████▀
   ▀▀▀▀▀▀▀▀▀▀▀



       ▄▄▄▄▄▄
    ▄████████
    █████▀▀▀▀
   ▐████
   ▐████
████████████
████████████
   ▐████
   ▐████
   ▐████
   ▐████
   ▐████



       ▄▄▄█████████▄▄▄
   ▄▄██████████████████▄
 ▄███████████▌ ▀████████▄
▐██████▀ ▀███▌  ▀▀ ▀█████▌
███████▌  ▀▀     ▄▄███████
█████      ▄███▄  ████████▌
▐████████  ▀███▀      █████
 ███████▀▀     ▄▄  ████████
 ▀█████▄ ▄▄  ▐███▄  ██████▌
  ▀████████▄ ████████████▀
   ▀██████████████████▀▀
     ▀▀██████████▀▀▀




                      ▄▄████
                ▄▄▄████████▌
          ▄▄▄███████▀▄█████
     ▄▄█████████▀▀ ▄██████▌
▄▄███████████▀  ▄█████████
 ▀▀▀█████▀    ▄██████████▌
       ██   █████████████
        █▄ █████████████▌
        ▐█▄███▀▀████████
         ███▀    ▀▀████▌
                    ▀▀█
RealBitcoin
Hero Member
*****
Offline Offline

Activity: 854


JAYCE DESIGNS - http://bit.ly/1tmgIwK


View Profile
February 03, 2016, 08:20:13 AM
 #16

Bitcoin is the real blockchain, those non-monetary blockchains will just fail because there is no incentive.

ETFbitcoin
Legendary
*
Offline Offline

Activity: 1106


Betcoin.ag - Casino, Sports, Poker


View Profile
February 03, 2016, 08:33:51 AM
 #17

Blockchain is technology which used in bitcoin.
Most people like blockchain because it's technology and everyone can make their own blockchain, while bitcoin is decentralized & no one can take control over bitcoin.

Denker
Legendary
*
Online Online

Activity: 1106



View Profile
February 03, 2016, 10:32:51 AM
 #18

Bitcoin has become the <Bad Boy> of Crypto currencies. Not of it's own doing, but all the scammers and hackers and Ponzi's tainting it's image. These companies needed a new <Cool> name not associated with Bitcoin, even though it is directly linked to it, so they chose the underlying technology, called <The Blockchain>

So if investors ask them what the technology is, they can say it is <The Blockchain> It is a simple marketing gimmick to fool uninformed investors and the general public.

Bitcoin as the bad boy of crypto currencies?
It doesn't look better with the altcoins! Paycoin(Garza), Moolah(Mintpal) just to name 2 of the most known ones. And don't forget how many of those alts are instamined.

Bitcoin still is the king of all the crypto currencies. The guys out there with their "blockchain only" companies will mostly fail.A few might have great ideas and solutions where Blockchain could be useful for.Furthermore right now Blockchain has created a hype everyone wants to jump on and make as much money as possible.Can't blame them for that.

owm123
Sr. Member
****
Offline Offline

Activity: 392


View Profile
February 03, 2016, 10:40:06 AM
 #19

Hello,
I'm bit confused about why companies keep focusing on blockchain technology and not really on Bitcoin.

I see people loosing hope on bitcoin and saying something new will come and blah blah blah. And thats the mistake i think. We all as 1 community need to fight for it and make bitcoin what we want.

Banks, companies and organizations focused on blockchain. I understand that blockchain is important to Bitcoin but in my opinion they are just trying to find a way  to centrelize it and make money and have total control. Just like banks.

Why arent there funds and investments into bitcoin?

Just stating my opinion, im open to corrections and more knowledge Wink

Off course its all about power. Banks have no control on Bitcoin, so they are not interested in it. Only blockchain has some potential use for them, if they can control its use.

And unfortunately Bicoin is no longer decentralized as you say. Bitcoin Core development is basically controlled by one commercial company, Blockstream:

https://www.reddit.com/r/btc/comments/43pq1z/i_didnt_realize_how_bad_it_is_blockstream_has_9/?ref=search_posts

And off course, bitcoin mining is mostly done by China these days. And most trading same.

So this is how decentralization of Bitcoin looks like.

Bitcoin is NOT anonymous: http://www.bitcoinisnotanonymous.com
owm123
Sr. Member
****
Offline Offline

Activity: 392


View Profile
February 03, 2016, 10:43:54 AM
 #20

because bitcoin is fine, and blockchain isn't fine, bitcoin can't stand without blockchain, correct me if im wrong
It is better to say blockchain is technology and bitcoin is only an asset which work on blockchain technology. Technology never dies but assets can be devalued with time. I think this one will sound perfect.

Both cannot exist separately as far as I know on how it works. You cannot create a ledger (blockchain) without something to record and on the other hand, you cannot validate a transaction (bitcoin) without anyone verifying it on a publicly-displayed ledger. Correct me if I'm wrong but that's how I perceive it.

You are wrong. Blockchain transactions dont need to be public. There are already proposals how to make transactions non-public in bitcoin, e.g., look for confidential transactions or just any anon coin.

Bitcoin is NOT anonymous: http://www.bitcoinisnotanonymous.com
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!