Is Bitcoin equal Blockchain?

[Jamjamz30]

Bitcoin is built on blockchain technology. But, there are other blockchains out there such as ethereum blockchain. It would only mean that bitcoin is not blockchain. Bitcoin blockchain is just the first blockchain; though blockchains differs in functionality and structures.

[yusupjatigumilar]

Different, bitcoin is clearly different from the blockchain, if we compare the blockchain to an operating system on a computer and bitcoin is an application or software that operates on the operating system, blockchain is not only used by bitcoin but is also used by other crypto currencies, blockchain layman can be said to be a system that records every transaction by several blocks so that the validity of the data recorded is very high and cannot be manipulated.

[iamike]

No. They are totally different things. Bitcoin is a digital currency built on Blockchain. Blockchain on the other hand is a technology which holds bitcoin and other cryptocurrencies. Blockchain is a new technology and it is being used a various ways.

[CoinCollect]

Bitcoin exists with the help of blockchain, but it is not equal to it. Bitcoin is a digital currency and its use is provided by the blockchain. The blockchain can exist without cryptocurrency, but bitcoin cannot exist without the blockchain.

[imstillthebest]

yes it is . when we say bitcoin we automatically think about blockchain and when we say blockchain we also think about bitcoin  or vice versa . 

bitcoin is equal to blockchain because bitcoin cant live alone without blockchain  and blockchain is not also possible to be discovered and became popular without the help of bitcoin  .

 idk why most of the users here in this thread are not agreeing with that fact . they also have thier own come up theory and they only believe on it  .

[MadeinCoin]

No, because both are not the same thing to compare. Blockchain is a decentralized technology that runs on bitcoin so this blockchain can be said to be the technology used by bitcoin. This blockchain is like a network database that stores data in every entity, and each of these data blocks is collected by the principle of cryptography.

try reading here for more details: https://www.binance.vision/blockchain/difference-between-blockchain-and-bitcoin

[poodle63]

BTC is just a cryptocurrency that use the blockchain technology. If BTC is equal 1, Blockchain is equal 100000..

You are right but your analogy is kinda not right, I mean if BTC = 1 then blockchain is what makes BTC=1 because it's the underlying system behind bitcoin so essentially it is what makes Bitcoin exist and applicable, not to mention the decentralized nature that it carries.

[localcrypto]

Bitcoin and blockchain work tandem to execute the transactions bitcoin can be taken as example for decentralized transparent  transactions where as blockchain we can built smart contracts

[Lalafell]

Is Blockchain equal Bitcoin?

Bitcoin is a crypto currency while the Bitcoin blockchain (example of blockchain) in it's simplest form is a database or ledger comprised of Bitcoin transaction records. However, because this database is distributed across a peer-to-peer network and is without a central authority, network participants must agree on the validity of transactions before they can be recorded.A block in a blockchain is a collection of data. The data is added to the block in blockchain, by connecting it with other blocks in chronological others creating achain of blocks linked together.

[bounceback]

In my opinion and some others, bitcoin is almost the same as blockchain but it can't be said that bitcoin and blockchain are the same but they use almost the same features, bitcoin is basically a virtual currency that is run through blockchain technology with very high value, but blockchain is a decentralized technology that has more advantages.

[ivakar]

blockchain tech is a part of bitcoin, but it can not be equal.
it is the same as car and its engine, one won't work without another, but no one equal car an engine, right?

and majority of others coins are using blockchain and they have no connection to bitcoin
by the way blockchain technology is using in other fields as well, I heard it is using in  accounting programs.

[crossabdd]

it's different, like a train with rails, like a car and wheels. like the internet and chrome, facebook, twitter, etc.
Bitcoin and blockchain are one body. but different functions. if bitcoin functions as a vehicle. then the blockchain functions as a road. Blockchain can live without Bitcoin. but bitcoin won't be useful without blockchain.

[timerland]

yes it is . when we say bitcoin we automatically think about blockchain and when we say blockchain we also think about bitcoin  or vice versa . 

bitcoin is equal to blockchain because bitcoin cant live alone without blockchain  and blockchain is not also possible to be discovered and became popular without the help of bitcoin  .

 idk why most of the users here in this thread are not agreeing with that fact . they also have thier own come up theory and they only believe on it  .

You understood the post wrong, OP is comparing the 2 technologies side by side, and blockchain is not the same thing as bitcoin, because the 2 things are different pieces of technology. And BTC by far is more well-known, not a lot of people actually know bitcoin is built on blockchain technology.

Bitcoin is a decentralized crypto-currency that is built on blockchain technology, and also has an open ledger of transactions.
Blockchain technology is the tech that most crypto-currencies are built on.

[blckhawk]

Is Blockchain equal Bitcoin?

No, it's not. Bitcoin and Blockchain are two different entities.

To further explain, blockchain is an idea of having decentralized nodes (computers) connected together with P2P (peer-to-peer), with each node having a copy of the blockchain. The blockchain mentioned here is an encrypted series of blocks, with each block pointing to the next one, with stored data (of any kind you want to) in a block. Those nodes are the ones who create each block, requires great computing power since blockchain uses high cryptography that requires fast computations.

Bitcoin, on the other hand, is more of like a currency that is built around the blockchain technology. These makes each transaction of Bitcoin untraceable, anonimous, but irreversible. This is because when even a single bit of data is modified inside a block, its pointer to the next would change and all succeeding blocks of the chain should be modified to match the encryption pattern. On top of that, more than half of the nodes should agree that a modified block is good enough to their standards, or else it would be rejected. That's why the blockchain technology is reliable in handling sensitive transactions such as money.

[robertmwalser]

Bitcoin is a kind of unregulated electronic currency which was first developed by Satoshi Nakamoto in 2008. Also referred to as a "cryptocurrency," it was released with the intent to bypass government currency control buttons and also simplify online transactions by eliminating third party payment processing intermediaries. Naturally, accomplishing this required a lot more than simply the money itself. There needed to be a safe method to make transactions together with the cryptocurrency.

Bitcoin transactions are saved and transferred utilizing a distributed ledger during a peer-to-peer system which is anonymous, public, and open. Blockchain is the underpinning technological innovation which provides the Bitcoin transaction ledger. Find out much more below and also view the video clip below for an overview more....

[leea-1334]

it's different, like a train with rails, like a car and wheels. like the internet and chrome, facebook, twitter, etc.
Bitcoin and blockchain are one body. but different functions. if bitcoin functions as a vehicle. then the blockchain functions as a road. Blockchain can live without Bitcoin. but bitcoin won't be useful without blockchain.

That is one of the nicest explanations I have ever heard about Bitcoin to distinguish it from the technology it uses which is blockchain:)

I think it is also equal to point out here that not all crypto are equal and the same that not all blockchain are equal. In fact some blockchain technology does not even use a blockchain (I remember like NANO,,, if I am not mistaken).

Bitcoin is blockchain but blockchain is not Bitcoin:)

[Eugenar]

Of course not. Blockchain technology is a much broader concept than Bitcoin. Bitcoin is one of the first applications of the first blockchain technology products.
Therefore, almost all states accept blockchain technology, but they are ambiguous about its product, cryptocurrency.

Maybe we could say, bitcoin's blockchain is the foundation of other blockchains in the market. Without the blockchain technology, bitcoin will not be secured, efficient, and worthy. We  couldn't separate bitcoin with blockchain or compare them to each other. And for me, the best implementation of the blockchain is the currency. Let us not associate it with media or file storing cloud servers.

[skarais]

Looks like the OP has got an answer about that question.  But if the OP wants to know more, why not look for it directly on the internet, it seems easy enough. Now enough people have given their opinions on this question and I think that's enough.

[Mandoy]

Bitcoin is not equivalent to blockchain. Blockchain is much more richer than bitcoin, without blockchain cannot be bitcoin. Let us say that blockchain technology is the essence of bitcoin and all cryptocurrency, it is what makes them as cryptocurrency. But even though blockchain is much richer than bitcoin since this technology could be of use anywhere but blockchain cannot undermine bitcoin since the reason why blockchain was invented was because Satoshi wanted to create a digital currency named Bitcoin.

[Astvile]

Blockchain is the techonlogy where bitcoin is dependant and all of the altcoins that are alive right now. Without blockchain transactions would be impossible for cryptocurrencies so blockchain and bitcoin/cryptocurrency will never be equal to each other, blockchain I think is alot developed than bitcoin/cryptocurrency itself.