Can Anyone Tell me Difference between Cryptocurrency and Blockchain?

[Harpreetkaur]

As being newbie I have some doubt so please any one tell be difference between cryptocurrency and Blockchain. I know, ican find there a relevant answer . Please elaborate this.

[1715043040]

1715043040

[1715043040]

1715043040

[1715043040]

1715043040

[1715043040]

1715043040

[TimeBits]

As being newbie I have some doubt so please any one tell be difference between cryptocurrency and Blockchain. I know, ican find there a relevant answer . Please elaborate this.

Cryptocash = bitcoin, etherum etc stuff like that.
Blockchain = the protocol they run on, the code that they use.


bit·coin
a type of electronic-cash in which a record of transactions is maintained and new units of cash are generated by the computational solution of mathematical problems, and which operates independently of a central bank.

^ I had to change the google definition a little because it is wrong, they say digital currency, incorrect.

block·chain
a system in which a record of transactions made in bitcoin or another cryptocash are maintained across several computers that are linked in a peer-to-peer network.

They should not be called cryptocurrency`s as a currency is

cur·ren·cy
a system of money in general use in a particular country.

money, cash and currency are different things, do not get confused like India.

There is no cryptocurrency`s.... yet. There will be many in the future, when there only needs to be one.

[Mandoy]

Cryptocurrency is the digital currency while blockchain is the technology being used by that digital currency. I guess I no longer need to explain further since other users here have already explained other details.

To make it more clearer I will explain it this way. Blockchain is the essence of cryptocurrency without the blockchain technology the digital currency cannot be considered a cryptocurrency anymore.

[fiulpro]

Block chain is the technology on which the cryptocurrency is based on , it is more like the coding unit.

The cryptocurrency itself is the outcome of that ..

Block chain is a technology and cryptocurrencies are output , it will be helpful to know that besides the cryptocurrencies , the block chain is actually useful in all the sectors , the government , the hospital , the environment everywhere it is being used.

[Harpreetkaur]

Yes, I think, I should go for your all answers, which help me very much. Thanks guys for all giving me a relevant answers. Specially @timebits

[Velkro]

As being newbie I have some doubt so please any one tell be difference between cryptocurrency and Blockchain. I know, ican find there a relevant answer . Please elaborate this.

Its like asking what is difference between car and wheels. Car uses wheels as Crypto uses blockchain.
In terms of Bitcoin its only known real use of blockchain out there.

[Ayipaloh]

As being newbie I have some doubt so please any one tell be difference between cryptocurrency and Blockchain.

I can explain it in my own words, but I think the article below has made it so easy for beginners to understand

What's The Difference Between Blockchain and Cryptocurrency?

[finaleshot2016]

In terms of Bitcoin its only known real use of blockchain out there.

ETH smart contract for DEX/ICO & privacy-focused cryptocurrency (such as XMR) aren't real usage of blockchain then?

There's a lot of advantages on using blockchain, it's not for bitcoin only.
Take note that blockchain was created to have transparency and decentralization on bitcoin, so as an innovative student, I can clearly think many innovations using that blockchain. I can say that blockchain is an advanced technology that can be developed to be used in our society.

[LTU_btc]

I'm not sure why people (not only newbies) confuse these these two totally different things. It's something like to ask difference between money and bank. It's nothing strange that newbies migh be confused a little bit, but often experienced people do same mistake. When some big company starts to use blockchain technology, quite often I see people calling it as crypto adoption .

[Polar91]

I'm not a very technical person so my defferentiation among those two is very simple. Cryptocurrency is the money itself wherein no instituion or company has the control or authority. Meanwhile, the Blockchain is the P2P protocol or the technology itself that makes cryptocurrency transactions valid, doable, irreversable and exist.

[Bitlover10]

Blockchain is a decentralized ledger where you can create, store and control cryptocurrency. So in the simple way you can say blockchain is a big company and cryptocurrency is an employee of that company. There can be so many employees in one company and each employee have their own work which is designed by company. In the same way in one blockchain there can be many cryptocurrencies and each cryptocurrency have their own work.  In the given pic, you can understand more the differences between blockchain and cryptocurrency.



Source of the Pic https://www.pwc.com/us/en/industries/financial-services/fintech/bitcoin-blockchain-cryptocurrency.html

[tbct_mt2]

Let's say about that briefly:
- Fiat and banks
- Crypto currencies and blockchains

Fiat depends on banks for its transactions.
Crypto currencies depend on blockchains for transactions.

I hope my words are easy to understand.

[timerland]

I'm not sure why people (not only newbies) confuse these these two totally different things. It's something like to ask difference between money and bank. It's nothing strange that newbies migh be confused a little bit, but often experienced people do same mistake. When some big company starts to use blockchain technology, quite often I see people calling it as crypto adoption .

It's pretty easy to get the stuff missed up for newbies. Cryptocurrency and blockchain are both popular terms in crypto, and new people getting it mixed up isn't anything new.

It isn't really like banking and money, people learn about that since they are children, while blockchain technology has only become popular during the last 3 years. We definitely need to be more welcome to the new people of crypto, and helping them out with questions like this is great.

There's no point on writing a definition, I'll quote one I think is really good below!

Block chain is the technology on which the cryptocurrency is based on , it is more like the coding unit.

The cryptocurrency itself is the outcome of that ..

Block chain is a technology and cryptocurrencies are output , it will be helpful to know that besides the cryptocurrencies , the block chain is actually useful in all the sectors , the government , the hospital , the environment everywhere it is being used.

[finaleshot2016]

I'm not sure why people (not only newbies) confuse these these two totally different things. It's something like to ask difference between money and bank. It's nothing strange that newbies migh be confused a little bit, but often experienced people do same mistake. When some big company starts to use blockchain technology, quite often I see people calling it as crypto adoption .

It's pretty easy to get the stuff missed up for newbies. Cryptocurrency and blockchain are both popular terms in crypto, and new people getting it mixed up isn't anything new.

It isn't really like banking and money, people learn about that since they are children, while blockchain technology has only become popular during the last 3 years. We definitely need to be more welcome to the new people of crypto, and helping them out with questions like this is great.

Blockchain wasn't really a common term for a beginner and none of us learned it in secondary or tertiary education. Maybe today, they're now allowing to add this on the curriculum for the new generation to understand what is cryptocurrency and blockchain.

Only a few people know what Bitcoin is because of media and news but did they know how does it function or generates?
So it's normal for a newbie to ask what's the difference between those words.

[Salauddin1994]

Cryptocurrency and Blockchain is not the same I hope the best help answer Wikipedia

 
Cryptocurrency

A cryptocurrency (or crypto currency) is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets.[1][2][3] Cryptocurrencies use decentralized control as opposed to centralized digital currency and central banking systems.[4]

The decentralized control of each cryptocurrency works through distributed ledger technology, typically a blockchain, that serves as a public financial transaction database.[5]

Bitcoin, first released as open-source software in 2009, is generally considered the first decentralized cryptocurrency.[6] Since the release of bitcoin, over 4,000 altcoins (alternative variants of bitcoin, or other cryptocurrencies) have been created.

Blockchain

A blockchain,[1][2][3] originally block chain,[4][5] is a growing list of records, called blocks, that are linked using cryptography.[1][6] Each block contains a cryptographic hash of the previous block,[6] a timestamp, and transaction data (generally represented as a Merkle tree).

By design, a blockchain is resistant to modification of the data. It is "an open, distributed ledger that can record transactions between two parties efficiently and in a verifiable and permanent way".[7] For use as a distributed ledger, a blockchain is typically managed by a peer-to-peer network collectively adhering to a protocol for inter-node communication and validating new blocks. Once recorded, the data in any given block cannot be altered retroactively without alteration of all subsequent blocks, which requires consensus of the network majority. Although blockchain records are not unalterable, blockchains may be considered secure by design and exemplify a distributed computing system with high Byzantine fault tolerance. Decentralized consensus has therefore been claimed with a blockchain.[8]

Blockchain was invented by a person (or group of people) using the name Satoshi Nakamoto in 2008 to serve as the public transaction ledger of the cryptocurrency bitcoin.[1] The identity of Satoshi Nakamoto is unknown. The invention of the blockchain for bitcoin made it the first digital currency to solve the double-spending problem without the need of a trusted authority or central server. The bitcoin design has inspired other applications,[1][3] and blockchains that are readable by the public are widely used by cryptocurrencies. Blockchain is considered a type of payment rail.[9] Private blockchains have been proposed for business use. Sources such as Computerworld called the marketing of such blockchains without a proper security model "snake oil".[10]

you can read full history everything quote link Cryptocurrency means only not bitcoin connected altcoin it is used virtually, Blockchain every transaction can see live details.

[Kakmakr]

The non-technical difference is that large corporations does not want to acknowledge that they want to use Bitcoin, so they will tell everyone that they are developing their own "Blockchain" technology. The Blockchain is the decentralized ledger that keeps track of all transactions that are done <the simplified explanation> ... and Bitcoin is the actual token being used to identify the coin being used.

Every Alt coin has it's own token and collectively these Alt coins and Bitcoin is classed as Crypto currencies, because they are backed by a Crypto graphic algorithm. 

[Harpreetkaur]

Yeah, really this diagram will easily help to me... Thanks for the source url also...