Yesterday, a few new friends came to our home as guests, during which we talked about the topic of Bitcoin and blockchain.
A said that the greatness of Bitcoin is not that it is Bitcoin, but that it invented blockchain technology.
B said, no, blockchain technology created Bitcoin, and then there was blockchain before Bitcoin.
C said that their relationship is like the relationship between a chicken and an egg, which is a philosophical issue. It's hard to tell who came first.
D said After the birth of Bitcoin, it attracted the attention of some people. They found that Bitcoin is a good thing. There are many characteristics that modern society does not have. They continue to study it. A few years later, they found that Bitcoin uses a special bottom layer. Technology, they named this technology "blockchain".
E said that if from the order of appearance, there must be basic technology first, followed by technology-based applications. But in reality, everyone has said that they have heard of Bitcoin and not the blockchain. In other words, I heard about Bitcoin first and then about blockchain.
In fact, the reason is really very simple, there are two. 1. Because Bitcoin is so famous. 2. The application must be discovered before the basic technology.
It is also easy to understand that the application precedes the technology being discovered. For example, for ordinary people, they first know about cars, and then about internal combustion engine technology. First know the aircraft, but may not know the turbofan engine technology used in the aircraft
I said that from a technical point of view, the blockchain is known as the underlying technology of Bitcoin, and Bitcoin is the first application of the blockchain.
Therefore, Bitcoin and blockchain are equivalent to the relationship between a 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. and many more.
Who do you think is right?
What do you think is the relationship between Bitcoin and blockchain?
I found out that I was wrong.Thank you NeuroticFish and Xenon131 for providing information.
https://www.icaew.com/technical/technology/blockchain/blockchain-articles/what-is-blockchain/historyhttps://link.springer.com/article/10.1007/BF00196791