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.
Topic: Bitcoin comes first and blockchain comes later (Read 521 times)
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.
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.
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".
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.
Quote
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".
No matter whether it is a mobile phone or a computer, we all know that there must be a system first, and then various APP applications can be developed in the system.
But this is not the case with blockchain and bitcoin. The first bitcoin was born in 2009. In 2015, six years later, the concept of blockchain became available.
Before the concept of blockchain was invented, people used bitcoin (lowercase b) to represent bitcoin, and Bitcoin (uppercase B) to represent its underlying technology, which is what we are talking about now.
In fact, I don’t care about the order of Bitcoin and blockchain. What I care about is the mature future of Bitcoin. Bitcoin will no longer be questioned, criticized, perished, exaggerated, or exaggerated. Ignore, no longer be called a scam, etc.
But this is not the case with blockchain and bitcoin. The first bitcoin was born in 2009. In 2015, six years later, the concept of blockchain became available.
Before the concept of blockchain was invented, people used bitcoin (lowercase b) to represent bitcoin, and Bitcoin (uppercase B) to represent its underlying technology, which is what we are talking about now.
In fact, I don’t care about the order of Bitcoin and blockchain. What I care about is the mature future of Bitcoin. Bitcoin will no longer be questioned, criticized, perished, exaggerated, or exaggerated. Ignore, no longer be called a scam, etc.
I think people need to remember lessons of the past. When I first came into Bitcoin 4/5 years ago, there were all these movements that supported Ethereum and all the other smart contract platforms like NEO, Waves, TRON etc.
And everyone said Dapps would rule the world and Flippening would prove it.
Blockchain, not Bitcoin.
They all know how wrong they were now. If Bitcoin doesn't succeed, blockchain won't.
And everyone said Dapps would rule the world and Flippening would prove it.
Blockchain, not Bitcoin.
They all know how wrong they were now. If Bitcoin doesn't succeed, blockchain won't.
...
What I want to express here is that when Satoshi Nakamoto created the Bitcoin network, there was no concept of blockchain. What he built is the operating network of Bitcoin and called it "A Peer-to-Peer Electronic Cash System." So Bitcoin itself belongs to a system. Three or five years after the birth of Bitcoin, technical personnel in the existing society discovered the power and indestructibility of the Bitcoin network. Countless hackers have tried to steal Bitcoin to no avail. The underlying technology of Bitcoin has been verified. Later, on the technology of the underlying technology of Bitcoin, the scientific and technical personnel summarized a brand new technology, named it the blockchain, and then step by step we have the now prosperous crypto world.Quote
1991-2008: Early Years of Blockchain Technology:
How did blockchain emerge? Stuart Haber and W. Scott Stornetta envisioned what many people have come to know as blockchain, in 1991. Their first work involved working on a cryptographically secured chain of blocks whereby no one could tamper with timestamps of documents.
Source: https://101blockchains.com/history-of-blockchain-timeline/How did blockchain emerge? Stuart Haber and W. Scott Stornetta envisioned what many people have come to know as blockchain, in 1991. Their first work involved working on a cryptographically secured chain of blocks whereby no one could tamper with timestamps of documents.
As you can see, there was a concept of blockchain before Bitcoin... You can also read that:
Quote
Nakamoto conceptualized the first blockchain in 2008 from where the technology has evolved and found its way into many applications beyond cryptocurrencies.
Nice article, you can read about the evolution of Blockchain too:
1. Evolution of Blockchain: Phase 1- Transactions 2008-2013: Blockchain 1.0: Bitcoin Emergence
2. Evolution of Blockchain: Phase 2- Contracts 2013-2015: Blockchain 2.0: Ethereum Development
3. Evolution of Blockchain: Phase 3- Applications2018: Blockchain 3.0: the Future
Do you still think that Bitcoin was before Blockchain? Or maybe you think this article is misleading?
Thank you for your wonderful reply. First of all, I read this article carefully and understand its main point. Here I continue to elaborate on my point of view.
https://101blockchains.com/history-of-blockchain-timeline/
In this article, it summarizes the history of blockchain and defines the earliest birth of blockchain in 1991.
Quote
How did blockchain emerge? Stuart Haber and W. Scott Stornetta envisioned what many people have come to know as blockchain, in 1991. Their first work involved working on a cryptographically secured chain of blocks whereby no one could tamper with timestamps of documents.
But in my opinion, this article is a retrospective of history with current viewpoints. We are now accustomed to the concept of blockchain, so when we traced the history of blockchain, we positioned it to 1991.I respect these two scientists, Stuart Haber and W. Scott Stornetta. I very much approve of their work, and Satoshi also quoted their papers in the Bitcoin white paper. I also found the manuscript of this paper. The core idea of this paper is how to time stamp documents. Satoshi referred to some of their thinking about timestamps. In their paper, there is no complete concept of blockchain. There is also no independent block chain concept. The core point is the specific knowledge of the timestamp.
At the same time, there is no independent concept of blockchain in Satosh's Bitcoin white paper. What he created is a peer-to-peer electronic cash system. This is the Bitcoin network. Satosh did not define this system as a blockchain.
Blockchain has become an independent concept, and it has become an independent technology after Bitcoin's underlying technology has been verified. Everyone found that the underlying technology of Bitcoin could not be overcome, could not be tampered with, could not be controlled, and was completely decentralized, and no one could intervene. As a result, technicians gradually abstracted and summarized the underlying technology that supports the Bitcoin network, forming a complete set of blockchain technology. To this day has formed our prosperous crypto world. Many times, some governments will advertise that blockchain is a very good technology, but Bitcoin is a very bad currency. But most people don't know that if there is no Bitcoin, there will be no blockchain technology we have now.
At first glance it might seem like chicken and egg argument. However, in this case I do agree with OP on the basis of creation blockchain, because without Bitcoin, blockchain would serve no purpose.
...
What I want to express here is that when Satoshi Nakamoto created the Bitcoin network, there was no concept of blockchain. What he built is the operating network of Bitcoin and called it "A Peer-to-Peer Electronic Cash System." So Bitcoin itself belongs to a system. Three or five years after the birth of Bitcoin, technical personnel in the existing society discovered the power and indestructibility of the Bitcoin network. Countless hackers have tried to steal Bitcoin to no avail. The underlying technology of Bitcoin has been verified. Later, on the technology of the underlying technology of Bitcoin, the scientific and technical personnel summarized a brand new technology, named it the blockchain, and then step by step we have the now prosperous crypto world.Quote
1991-2008: Early Years of Blockchain Technology:
How did blockchain emerge? Stuart Haber and W. Scott Stornetta envisioned what many people have come to know as blockchain, in 1991. Their first work involved working on a cryptographically secured chain of blocks whereby no one could tamper with timestamps of documents.
Source: https://101blockchains.com/history-of-blockchain-timeline/How did blockchain emerge? Stuart Haber and W. Scott Stornetta envisioned what many people have come to know as blockchain, in 1991. Their first work involved working on a cryptographically secured chain of blocks whereby no one could tamper with timestamps of documents.
As you can see, there was a concept of blockchain before Bitcoin... You can also read that:
Quote
Nakamoto conceptualized the first blockchain in 2008 from where the technology has evolved and found its way into many applications beyond cryptocurrencies.
Nice article, you can read about the evolution of Blockchain too:
1. Evolution of Blockchain: Phase 1- Transactions 2008-2013: Blockchain 1.0: Bitcoin Emergence
2. Evolution of Blockchain: Phase 2- Contracts 2013-2015: Blockchain 2.0: Ethereum Development
3. Evolution of Blockchain: Phase 3- Applications2018: Blockchain 3.0: the Future
Do you still think that Bitcoin was before Blockchain? Or maybe you think this article is misleading?
Now that I write this topic, I just want to emphasize this point: Bitcoin was born first, and then blockchain technology. Rather than the first-born blockchain technology, the second-born Bitcoin.
Practically it's not possible! A product can born earlier than its underlying technology. That's the reality! However if you say that the concept of bitcoin was formed first and then Satoshi formulated the concept of blockchain, that may be a possibility. But when the actual product (bitcoin) is build and published, the underlying technology (blockchain in this case) mush have been built before the actual product. It can't be the other way around because technically it is not possible to build bitcoin earlier than blockchain. Can only happen during the conceptualization period, not during implementation!
Now that I write this topic, I just want to emphasize this point: Bitcoin was born first, and then blockchain technology. Rather than the first-born blockchain technology, the second-born Bitcoin.
Practically it's not possible! A product can born earlier than its underlying technology. That's the reality! However if you say that the concept of bitcoin was formed first and then Satoshi formulated the concept of blockchain, that may be a possibility. But when the actual product (bitcoin) is build and published, the underlying technology (blockchain in this case) mush have been built before the actual product. It can't be the other way around because technically it is not possible to build bitcoin earlier than blockchain. Can only happen during the conceptualization period, not during implementation!
Logical thinking! I always point out that Bitcoin is created on Blockchain technology when I explain it to some people, so it's why this topic and the OP point of view is a bit confusing for me... simply Bitcoin is built on something, and that something is Blockchain... so it must come first!
I guess that only Satoshi can answer this question... what was the first thing that felt on his mind, Bitcoin as Bitcoin, or technology that can be described as a data structure that holds transactional records while ensuring security, transparency, and decentralization in the same time! We can try to guess what it was, but if we follow the logic it would be Blockchain first, and later Bitcoin... after all that, we have many others that used the same technology to create something different!
What I want to express here is that when Satoshi Nakamoto created the Bitcoin network, there was no concept of blockchain. What he built is the operating network of Bitcoin and called it "A Peer-to-Peer Electronic Cash System." So Bitcoin itself belongs to a system. Three or five years after the birth of Bitcoin, technical personnel in the existing society discovered the power and indestructibility of the Bitcoin network. Countless hackers have tried to steal Bitcoin to no avail. The underlying technology of Bitcoin has been verified. Later, on the technology of the underlying technology of Bitcoin, the scientific and technical personnel summarized a brand new technology, named it the blockchain, and then step by step we have the now prosperous crypto world.
It is very common that people tend to go after bitcoin but they hardly understand why it is so valuable and the technology that drives it. The main reason why bitcoin exists is because of the blockchain. I believe it is because of a lack of knowledge and awareness among the people and investors.
Ordinary people who are new to cryptocurrency only understand about investing, the advantages of bitcoin and how to make a profit. they do not understand about the technology behind the cryptocurrency. They don't find out in detail. Blockchain makes cryptocurrency a decentralized platform and blockchain also becomes a ledger that will properly record all types of transactions. blockchain can be developed for other types of platforms besides cryptocurrencies, even china will create their own blockchain and is in development stage. Now that I write this topic, I just want to emphasize this point: Bitcoin was born first, and then blockchain technology. Rather than the first-born blockchain technology, the second-born Bitcoin.
Practically it's not possible! A product can born earlier than its underlying technology. That's the reality! However if you say that the concept of bitcoin was formed first and then Satoshi formulated the concept of blockchain, that may be a possibility. But when the actual product (bitcoin) is build and published, the underlying technology (blockchain in this case) mush have been built before the actual product. It can't be the other way around because technically it is not possible to build bitcoin earlier than blockchain. Can only happen during the conceptualization period, not during implementation!
Logical thinking! I always point out that Bitcoin is created on Blockchain technology when I explain it to some people, so it's why this topic and the OP point of view is a bit confusing for me... simply Bitcoin is built on something, and that something is Blockchain... so it must come first!
I guess that only Satoshi can answer this question... what was the first thing that felt on his mind, Bitcoin as Bitcoin, or technology that can be described as a data structure that holds transactional records while ensuring security, transparency, and decentralization in the same time! We can try to guess what it was, but if we follow the logic it would be Blockchain first, and later Bitcoin... after all that, we have many others that used the same technology to create something different!
Now that I write this topic, I just want to emphasize this point: Bitcoin was born first, and then blockchain technology. Rather than the first-born blockchain technology, the second-born Bitcoin.
Practically it's not possible! A product can born earlier than its underlying technology. That's the reality! However if you say that the concept of bitcoin was formed first and then Satoshi formulated the concept of blockchain, that may be a possibility. But when the actual product (bitcoin) is build and published, the underlying technology (blockchain in this case) mush have been built before the actual product. It can't be the other way around because technically it is not possible to build bitcoin earlier than blockchain. Can only happen during the conceptualization period, not during implementation!
Governments restrict Bitcoin and not blockchain because Bitcoin is decentralized and cannot be under their control, whereas blockchain is a technology that can be used to create a centralized cryptocurrency or to do something that is not even related to finance.
But Bitcoin and Blockchain, IMO, come together at the very same moment, since there was no time when Bitcoin existed, but it wasn't blockchain-based, right? And in terms of applicability, blockchain has a higher potential because it can be used for all sorts of data, not just financial transactions. But Bitcoin is to date the best application of blockchain.
But Bitcoin and Blockchain, IMO, come together at the very same moment, since there was no time when Bitcoin existed, but it wasn't blockchain-based, right? And in terms of applicability, blockchain has a higher potential because it can be used for all sorts of data, not just financial transactions. But Bitcoin is to date the best application of blockchain.
For the fact Bitcoin operate on blockchain network there might be no need arguing about which comes first since both are actually relevant in the new era of digital transperancy both for defi projects and other trust system that operates on the blockchain technology network.
Blockchain as a case study doesn't just Operate on Bitcoin alone meaning it still has other projects that relies on it for transperancy and as such Bitcoin is one of those projects. Bitcoin might have given birth to blockchain technology for which other projects emanated from but the bottom line remains Bitcoin operate on blockchain network.
Blockchain as a case study doesn't just Operate on Bitcoin alone meaning it still has other projects that relies on it for transperancy and as such Bitcoin is one of those projects. Bitcoin might have given birth to blockchain technology for which other projects emanated from but the bottom line remains Bitcoin operate on blockchain network.
It is very common that people tend to go after bitcoin but they hardly understand why it is so valuable and the technology that drives it. The main reason why bitcoin exists is because of the blockchain. I believe it is because of a lack of knowledge and awareness among the people and investors.
from the information I got that Blockchain was the first to be created compared to Bitcoin. Blockchain was first created by someone famous as Satoshi Nakamoto in 2008, then Satoshi Nakamoto implemented Blockchain as a core component of Bitcoin. With Blockchain, bitcoin became the first digital currency that was able to overcome double-spending without the need for a trusted authority and has been the inspiration for many other applications.
many people think that blockchain and bitcoin are the same, they make an analogy between the two terms, just different words with the same meaning. indeed bitcoin cannot be separated from blockchain, because blockchain is a device that can move bitcoins with the advantages of a blockchain system from the information I got that Blockchain was the first to be created compared to Bitcoin. Blockchain was first created by someone famous as Satoshi Nakamoto in 2008, then Satoshi Nakamoto implemented Blockchain as a core component of Bitcoin. With Blockchain, bitcoin became the first digital currency that was able to overcome double-spending without the need for a trusted authority and has been the inspiration for many other applications.
When Satoshi Nakamoto created Bitcoin, there was no concept of blockchain. In Bitcoin's white paper, the concept of blockchain has never appeared. Bitcoin is a peer-to-peer electronic cash system. This system is what I call the Bitcoin network. The concept of blockchain technology is a technology that later generations discovered that the Bitcoin network is unbreakable, and then refined on the basis of the principles of Bitcoin technology. We can't just say that the blockchain is in the front and Bitcoin is in the back just because there is the concept of blockchain in the back.
I totally agree with this view Bitcoin comes first and blockchain comes later.The blockchain technology is based on the underlying technology of Bitcoin .Also is based on the stability and reliability of its technical logic.The opposite view that block chain comes first and Bitcoin comes later is just the excuse used by many governments to ban Bitcoin.
--snip-- Blockchain is mostly just a snakeoil. Corporations love to use it with their sentences, makes them sound cool and brings some nice PR.
The corporations are rapidly distancing themselves from it. Last i heard, both IBM and Microsoft have cut down their teams that were working on their "enterprise" blockchain solutions. The reason, i think, is not that blockchain is mostly snake-oil as you say, but because blockchain isn't meant for corporations.Blockchain as a technology is effective and can truly create network effects but the problem is that Bitcoin has become the sole aspiration for everything and everyone. Everybody wants to be the next Bitcoin. Nobody wants to explore that how some other application built on an open, decentralized network can benefit society. We no longer see those initiatives in blockchain because making a lot of money through false promises has become so much easier.
The problem isn't that blockchain is snake-oil, the problem is that blockchain is too good for its own good.
from the information I got that Blockchain was the first to be created compared to Bitcoin. Blockchain was first created by someone famous as Satoshi Nakamoto in 2008, then Satoshi Nakamoto implemented Blockchain as a core component of Bitcoin. With Blockchain, bitcoin became the first digital currency that was able to overcome double-spending without the need for a trusted authority and has been the inspiration for many other applications.
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