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Author Topic: What is the relation of Bitcoin with Blockchain?  (Read 149 times)
millionaireshs
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July 08, 2018, 06:48:25 AM
 #21

What is the use of all the blockchain in different countries of the world depends on Bitcoin? Except for Bitcoin, it is difficult or impossible to succeed in the blockchain.

We found that most of the blockchains were accepted by Bitcoin.
Expect your exact reasoning.
We found that most of the blockchains were accepted by Bitcoin.
Expect your exact reasoning.
[/quote]


Block chain is like a stock market here in the Philippines or even like of some other country, all numbers veiwing here calculated automatically this is not for Bitcoin only even in some other coins have block chain market digital system that's the one program that all crypto currency was show here.

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keycellko
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July 08, 2018, 07:02:36 AM
 #22

Blockchain is the technology behind bitcoin. Bitcoin is the reasin why this technology was made. It was created to make sending money automatic, transparet and free fron cobtrol by central banks abd the government. Now, blockchain technology emerged as useful not only in peer to peer transfers but also in logistics.

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Haoque89
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July 08, 2018, 07:56:37 AM
 #23

It can be said that bitcoin and blockchia have a close relationship with blockchain technology that bitcoin can boom as well as more opportunities for more attention and more investing in future
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July 08, 2018, 08:00:04 AM
 #24


I think the blockchain is just a transaction that can be used by bitcoin to use the bitcoin of people because it can leverage and send money to other countries.

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July 08, 2018, 08:58:42 AM
 #25

BTC developed on the blockchain platform, you think blockchain as the car and BTC is the driver to drive that car. In my opinion, you can comment more.
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July 08, 2018, 08:59:43 AM
 #26

Your post is not lucid. Just as  a petrol or diesel powers automobiles , thats the case with bitcoin as well.

Blockchain powers bitcoin by being the underlying technology that records, processes and validates all transactions done with the bitcoin. Maybe i am not clear enough but google is your best bet to get a more detailed explanation of the relationship between bitcoin and blockchain. Peace Smiley

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ShawnJessie
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July 09, 2018, 05:24:34 AM
 #27

Blockchians and bitcoins are two different things. Blockchains allow us to make transactions without the presence of a middleman, and bitcoins are just a form of a crypto currency. If this doesn't clear the problem, try looking and researching on the internet to get a clearer understanding of the scenario.
nahotachikwem
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July 10, 2018, 10:06:11 PM
 #28

They are closely related. When Bitcoin was released as open source code, blockchain was wrapped up together with it in the same solution
Bitcoin is a type of unregulated digital currency that was first created by Satoshi Nakamoto in 2008. Also known as a “cryptocurrency,”
it was launched with the intention to bypass government currency controls and simplify online transactions
 by getting rid of third-party payment processing intermediaries. While Blockchain is the underpinning technology that maintains the Bitcoin transaction ledger.

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Jundel2018
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July 10, 2018, 10:17:38 PM
 #29


I think the blockchain is just a transaction that can be used by bitcoin to use the bitcoin of people because it can leverage and send money to other countries.

Blockchain is the technology being used in bitcoin and its private and anonymous when we do our transaction. Bitcoin is the first digital currency being made using blockchain. Blockchain also records transaction.
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July 11, 2018, 03:41:31 AM
 #30

What will happen to yout crypto?

Well...what will happen is that before you die, make sure that you've wrote all your access details to your wife and kids for access in other for them to continue the circulation for you. Leaving the coins in your wallet without no crucial use isn't good for the general market. Circulation really means alot in the crypto market. Also make sure all your loved ones knows little or more about cryptocurrency

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pkmoney
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July 11, 2018, 07:36:42 AM
 #31

Don't mess up blockchain with Bitcoin. Blockchain is a technology. Bitcoin/crypto is using that technology for a payment system. That's it.
You should learn blockchain in general first. There are thousands of article on internet.

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July 11, 2018, 02:59:43 PM
 #32

in simple words blockchain is a technology. and bitcoin was the first coin who used that technology. Blockchain is a digital ledger where all your transactions are saved publicly.

rosemary4u
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July 11, 2018, 05:14:11 PM
 #33

My understanding of blockchain  and bitcoin is that, blockchain is the technology on which bitcoin operates, through blockchain technology, transactions can successfully be executed.

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July 12, 2018, 04:29:35 AM
 #34

It is easy to understand why the terms ‘Blockchain’ and ‘Bitcoin’ often get confused – Blockchain does indeed serve as a platform for cryptocurrencies; without Blockchain there would be no Bitcoin. However, it must be emphasized that the scope and potential of Blockchain extends far beyond the world of cryptocurrencies.
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