difference between bitcoin and blockchain

[kmlhsan]

Block chain is a technology and bitcoin is a currency. Bitcoin is created by block chain technology.

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[Phlaser]

I will say Bitcoin is a digital currency that was birthed 2008 by Satoshi Nakamoto. It is generally accepted for the exchange of goods and services.

Blockchain on the other hand is a technology that allows the smooth run of Cryprocurrency. Blockchain is decentralized, meaning it's not own by anyone and all investors got equal rights on it and cam easily be accessible irrespective of your location and time. So Blockchain can be likened to be the mother and without it the children (bitcoins and alts) cannot be born, thus without blockchain, no Cryprocurrency would exist.

[LKing]

A typical use is a company, or several companies wanting to share information with other companies, or their customers. Each runs a node and all are guaranteed to see the same data in the blockchain. If they generate blocks all will see consistent data.

So the blockchain is being used as a decentralised pool of data between multiple organisations.

[Daniel Brian 1508]

Blockchain is like a notebook that records all transactions and updates that take place simultaneously on all computers in the network. Blockchain technology allows users to pay directly to the internet without intermediaries (eg banks, online payment services like paypal) and no individual or team. management function.Bitcoin is a consensus network that enables a new payment system and a competely digital money. It is first decentralized peer-to-peer payment network that is powered by its userswith no central authority or middlemen. From a user perspective, Bitcoin is pretty much like cash for the Internet. Bitcoin can also be seen as the most prominent triple entry boookkeeping system in existence.

[lucy94]

Bitcoin is the currency, blockchain is what decentralizes the coins. It is like cash and banks!

[SingAlong]

Bitcoin is a digital currency and an open worldwide payment system which works independently without central bank while blockchain is a digital public ledger which records transaction between two parties chronologically. It is true that bitcoin is made by blockchain technology.

[AliMan]

Bitcoin is a digital currency and an open worldwide payment system which works independently without central bank while blockchain is a digital public ledger which records transaction between two parties chronologically. It is true that bitcoin is made by blockchain technology.

Bitcoin is the currency that we spend and the blockchain is the records of transactions that you have done. When you transact using bitcoins, for example buying or selling bitcoin or buying goods with bitcoin, you can only transact with others using blockchain technology where in your transactions are being recorded there.

[jchav010101]

Bitcoin is a cryptocurrency, created and held electronically on your PC or in a virtual wallet. No one controls it or sees it.It is decentralizedso no person, institution or bank controls the currency. It was the year 2009 when bitcoin burst onto the financial scene, and soon computers all over the world started running sophisticated programs that would mine blocks of bitcoins by solving extremely complex mathematical equations. Mining bitcoin means to discover or verify new bitcoins because unlike traditional currency, bitcoin cannot be printed. Miners make money every time they discover new bitcoins or verify a bitcoin transaction.While bitcoin had the power to make transactions untraceable, it was another innovation that promised to make every transaction transparent and permanent. Underlying the use of bitcoin is blockchain, which is almost entirely opposite its more famous alter-ego. Blockchain possesses the ability of having permanent records of the transactions the blocks (the name for their portions of value) are used for, and at any time people can see those changes online in real time. It is this transparency that people have hopes in, but that’s not the only thing blockchain does differently than the cryptocurrency it drove for so long.

[ufalo3]

good explanation, and blockchain is part of bitcoin, bitcoin transactions will not work without blockchain, because blockchain that sends P2P transactions, processing each data and transactions, and saving block storage.

then also segwit bitcoin helps minimize the size of the transaction, so the transaction system becomes better.

A newbie can really do not understand the difference. I would recommend the beginners watching these cool videos: https://www.youtube.com/watch?v=mRQs9Y6CUSU and https://www.youtube.com/watch?v=MKwa-BqnJDg

[shaikhimoqc]

Bitcoin is the first application of blockchain, and people abstract the concept of blockchain from bitcoin.

The essence of bitcoin is an internet-based decentralized accounting, and the blockchain is the name of the ledger.

[Dudeperfect]

I believe that we should go simple as much as we can to make the other person familiar with the topic that we are trying to explain. I always use the real-life examples when it comes to explaining Bitcoin/blockchain to a layman and as far as my observation, that works.

Example: If I have to explain Bitcoin to someone, I use the example of email system and start with the basics like the public key is similar to the email address and the private key is a kind of password and so on. However, the crucial part is when I have to explain the core concept of money. Everyone says USD/INR/EUR is more secure as it is controlled by the governments. It takes much time to explain the difference between centralization and decentralization rather than blockchain or technology part.

[gomes1]

What is the difference between Bitcoin and Blockchain? Most people are misguided right now, where many say Blockchain is the same as Bitcoin. But actually both are different but interrelated.
Bitcoin is one of the digital currencies, this currency is known as crypto currency and is done in a distributed peer-to-peer that can be transferred instantly and securely between two people in the world. It's like electronic / digital money that can be used to pay merchants or send money to friends or family.
Blockchain is the ledger record of all crypto transactions in the form of blocks that once executed. The transaction records in this ledger continue to grow as each 'finished' block is added to it with a new recording set. Blocks are added to the blockchain in a linear and chronological way. Blockchain has a platform and currently uses the Bitcoin protocol.
Bitcoin and blockchain are part of Financial Technology that shook the world of banking around the world because it is more transparent and more secure. Without any control from the government.

[MD Milon]

Bitcoin is a digital currency.its used blockchain technology.without blockchain,cannot called bitcoin is a cryptocurrency.blockchain is a record of transaction.I think bitcoin and blockchain are both of part of upgrade financial ,digital technology.

[Cryptogid]

a block chain is digital ledger in which transactions made in bitcoin or another cryptocurrency are recorded chronologically and publicly.while bitcoin is a decentralized digital currency that uses block as its ledger..

[bajingluncat]

bitcoin is one type of digital currency. whereas blockchain is a technology system that underlies bitcoin, blockchain shows all transaction data that ever happened in bitcoin network.

[icoprofits]

Bitcoin is cryptographic  code which is anonymous in transactions  and we can send a peer to peer with no need to reveal identity whereas blockchain is open ledger with is uneditable and store entire data and open source anyone can view

[poletando]

yeaa its right that bitcoin is using blockahin network to make sure that bitcoin will work to do transaction and the place to stroe the data, so blockchain is like the databasse, if in web or other programming we have mysql, posgre, oracle. in bitcoin and cryptocurrencies we have the blockchain.

[dimastegar]

Bitcoin is a coin made with algorithmic calculations that have a limited number of ordinary we call cryptocurrency. Blockchain is a technology used by Bitcoin.

[YED]

Bitcoin is a cryptocurrency, created and held electronically on your PC or in a virtual wallet. No one controls it or sees it..Blockchain possesses the ability of having permanent records of the transactions the blocks are used for, and at any time people can see those changes online in real time.

[Ehrakeziah]

Bitcoin is cryptocurrency,created and held electronically on your PC or in a virtual wallet.While the blockchain is possesses the ability of having permanent records of the transactions the blocks are used,for and at any time people can see those changes on line in real time.