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Author Topic: Bitcoin comes first and blockchain comes later  (Read 520 times)
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August 10, 2021, 01:51:54 AM
 #41

From a technical point of view, blockchain is known as the underlying technology of Bitcoin, and Bitcoin is the first application of blockchain.
 
Bitcoin and blockchain are equivalent to the relationship between the table and wood. People first discovered a beautiful table, and later discovered that the material of the table is a good wood, and it can also be used to make chairs, cabinets and boxes.

The blockchain technology appeared earlier, but it was defined as a block after Bitcoin. There are a lot of information on this.

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In 1991, the seminal paper on blockchain technology was published in the Journal of Cryptology-"How to Time-Stamp a Digital Document". The two authors are: Stuart Haber and Scott Stornetta.The digital signature based on public key encryption technology was proposed in the 1970s, and it was very perfect in the 1990s.

Hash tree (also known as Merkle tree) is a computer data structure proposed and patented by American computer expert Ralph Merkle in 1979.

Using this feature of the hash tree, Stuart Haber and Scott Stornetta transformed the original direct link method of a single document into a link method in which a set of documents forms a hash tree. Here, the hash The tree is the so-called "block".

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August 27, 2021, 09:05:55 AM
 #42

In my opinion blockchain came before bitcoin. Bitcoin has made blockchain more widely used. blockchain is a distributed ledger that allows users to maintain immutable, immutable records distributed across a network.bitcoin created in 2009 and built on blockchain technology.Bitcoin was created as a digital, decentralized currency, the main idea is to create an independent and decentralized electronic payment system based on mathematical and cryptographic proofs.

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August 27, 2021, 12:51:46 PM
 #43

Everyone is free to make an opinion based on what he wants and what he thinks. It is undeniable, that the birth of Bitcoin has had a major influence on the popularity of Blockchain, so many companies and state agencies have adopted blockchain to improve the quality of their work system. Does this mean they should thank Bitcoin or the creators of Bitcoin, I don't think so.

It is very important to know the truth of history to provide a good education for users and future generations. And the history recorded by writing usually becomes an acknowledgment that is considered valid by the general public, Sample case; as written by iv4n or published by wikipedia. Things like this will be a reference by people who study Blockchain or Bitcoin.

Personally, I don't mind the differences and debates that arise in public. But it becomes important when it comes to educating someone, and I appreciate every process of Bitcoin and blockchain being born, including the people involved.
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