Topic: Bitcoin comes first and blockchain comes later - page 2. (Read 570 times)

Wonderful reply. This is what I want to express in this article. Before the real birth of Bitcoin, the existing human society did not master the blockchain technology. When Bitcoin was born, various hackers attacked the Bitcoin network. But to this day, the Bitcoin network is still operating normally. The underlying logic of Bitcoin technology has withstood the test. Therefore, more technical personnel conducted in-depth research on the implementation of Bitcoin technology, and summed up a technology from it, and named it blockchain technology. So I say that Bitcoin is the father of the blockchain, there was Bitcoin first, and then the blockchain.

Buddy, use less of punctuation marks so your posts could be read and understood without much difficulties. Bitcoin and blockchain aren't similar, Bitcoin is a currency while blockchain is the platform that makes the operation of decentralization possible.

Actually they both need each other as without the development of Bitcoin it seems impossible before to get a decentralization system functioning nevertheless the blockchain technology can function without bitcoin but that can be said about the later currently unless some new technology comes up in the future.

Bitcoin was the first project that implemented the blockchain technology successful, resulting to a decentralized currency that we have inferior coming up today in their numbers. Without the success of Bitcoin, I doubt there would have been all the hyped surrounding the blockchain technology.

The blockchain industry need all of them to grow, not only Bitcoin but Bitcoin is a backbone of this industry.

It is not correct for all blockchains. Monero is a private and anonymous blockchain. Governments want to trace and break privacy, anonymity of Monero transactions but they have yet succeeded.

Each blockchain has different usecases and a cryptocurrency is part of one blockchain. Altcoins can have no usecases if they are scam coins.

I used to think the same thing before but as I learn more about blockchain tech and how it is highly adapted by other projects, I doubt that what you are saying is true. Blockchain is something that other peoples project can modify while bitcoin is a project that runs in blockchain technology. Blockchain can standalone in itself with other projects

Let me answer together. Yes, we look at Bitcoin and blockchain from now on. They are combined and cannot be separated. They are perfect as a whole. What I want to emphasize here is the birth process of Bitcoin and blockchain. Before the birth of Bitcoin, there was no blockchain in human civilization. Neither the concept of a blockchain nor a complete blockchain technology product exists. When Satoshi Nakamoto created Bitcoin in 2009. Different scientific and technical personnel conduct in-depth research on the realization principle of Bitcoin. It slowly verified the feasibility and unbreakability of Bitcoin technology. Then, according to the realization principle of Bitcoin, this technical system was extracted step by step, and it was named the blockchain. I believe that some of the early participants of Bitcoin may understand the specific meaning I want to express. In 2013, no one mentioned blockchain at all. The concept of blockchain has been widely mentioned around 2015.

They go side by side. And there's no need to argue which comes first because they are invented on the same period. The other one will not exist without the other. And what is the significance when the other comes first? I don't think there's really point of arguing on this topic. Blockchain is the digital ledger of transactions so it is important for bitcoin itself. This will give you idea what are the early transactions made in btc network. Without blockchain, we won't know the history of bitcoin.

as a beginner I am still very new to what is called.bitcoin and block.chain. and I will learn how from the performance of these.two things.although we all know that this has.almost similarities.that can.be used for both, because blockchain.will not emerged.without bitcoin because bitcoin is fundamentally.very different from the internet, blockchain.was created.to keep track of bitcoin activity.

It can't be separated. Bitcoin and Blockchain or altcoins with Blockchain have an attachment and need each other. Blockchain becomes a ledger that will record every transaction made and the transaction is transparent and can be seen by anyone and cannot be deleted. Blockchain is like an Android system where applications run on that system. Bitcoin is arguably only one application of the blockchain system and there are many other applications ( Altcoins).

In the past few days, I also learned about Bitcoin. Not long ago, I also thought about the relationship between Bitcoin and blockchain. Many novices should not know their relationship.
This is what I learned: Bitcoin and blockchain are complementary, and if there is no Bitcoin, no one knows about the blockchain. Many people now talk about blockchain when they talk about digital currencies. When it comes to blockchain, Bitcoin will definitely be talked about. In 2009, the Bitcoin created by Satoshi Nakamoto and the genesis block were naturally linked together, forming a whole with two sides. In a sense, the coin chain is integrated. This theory is particularly reasonable.

Well, blockchain was created for the purpose of keeping trqck record on bitcoin activities. I guess there is no need to elaborate which comes first because in the first place blpckchain is already part of plan to integrate in bitcoin system. The project bitcoin has been plan prior to implementation and also had made some thorough run through before it has been introduce to public for consumption or put to good use.

Wonderful reply. In my opinion, before Bitcoin was really born, there was a corresponding technology. Whether it is database technology, distributed storage technology, or encryption algorithm technology. They all exist separately as a single technology. But Satoshi Nakamoto combined them with the concept of decentralization through consensus algorithms. Eventually Bitcoin was created. This is the creation from zero to one. The difficulty here is not the technology to build Bitcoin, but the ideas and concepts that combine them. This requires a multi-disciplinary knowledge reserve. Then three to five years later, the Bitcoin network has withstood various attacks and tests. Its underlying technical logic has been verified. Then mankind summed up a distributed storage and governance technology based on the technical characteristics of Bitcoin, and called it a blockchain.

In my opinion bitcoin and blockchain are two different things, because internet is a way through which you can take a lot of information and blockchain is not in a sense like that. So, in early time the bitcoin was not taken as serious as today, therefore I thought you are right.

The term "Blockchain, the techology" was mostly introduced to capitalize on the idea of Bitcoin without actually acknowledging Bitcoin. The reason for this is that Bitcoin by it's very nature can not be controlled by a single party, and that's something neither governments nor cooperations like. They don't want to use a platform, they want to be the platform. If cooperations could they'd force people on their own version of "Internet, the technology" and arguably they've largely succeeded.

But as ranochigo pointed out, blockchains, or rather blockchain-like structures have existed for quite a while before Bitcoin. Git, for example. But nobody would call a Git Repository a Blockchain because that'd be stupid. Or rather, because it's missing a critical component, that is, a decentralized and secure consensus algorithm such as Proof of Work. But most "Blockchain, the technology" projects seem to largely ignore the consensus part of the equation, hence why they fall a bit flat.

Bitcoin is not a first digital currency but it is the first successful cryptocurrency and truly decentralized. It changes the world and bring blockchain technology to the world.

Bitcoin means decentralization with public ledger that is done on a blockchain. They are mutually interacting with each other and make up Bitcoin. The blockchain technology and its ecosystem that we have seen nowadays were contributed a lot from Bitcoin and satoshi. Others are early core members and early bitcoin adopters.

Yes, there are some articles referenced in the Bitcoin white paper. I have read all these articles. But these materials are fundamentally different from the ideas expressed by Bitcoin itself. Satoshi Nakamoto magically combined some mature technologies and created Bitcoin from 0 to 1. The difficulty here is not to implement the Bitcoin code, the most difficult thing is to build the ideas and concepts of Bitcoin.

In the first five years or even ten years before the birth of Bitcoin, Bitcoin was only recognized by a very small number of geeks. In the eyes of most government agencies and ordinary people, it is a bubble and a scam. Until these two or three years, more and more people discovered that the Bitcoin network was almost destroyed or breached. The value of Bitcoin has been revealed to the world step by step. More and more people have begun to recognize Bitcoin. At the same time, the vast majority of people who buy bitcoin now do not understand the intrinsic value of bitcoin, they just want to make money from bitcoin.

In addition, what I call Bitcoin software is perfect  from the beginning. The main point is that its core technical framework has not undergone major changes until now. Whether it is distributed nodes, encryption algorithms, or consensus mechanisms, Satoshi Nakamoto planned at the beginning of the white paper. It has not changed to this day. Of course, some minor code bugs must exist in the software development process, but this does not affect the perfection of the Bitcoin system at the beginning of its design.

The code behind it isn't obscure nor that complicated. The concept is what matters, the code really doesn't. If you want to dabble in it, you have to have some degree of technical competency. Even to this day, most people either have zero understanding or some misconceptions about how it works. The fact that it was conceptualized so early basically means it would've been developed with or without Bitcoin, sooner or later. Whether it gets any adoption is an entirely separate issue, considering the cost of implementing it, it probably isn't very great for the companies without all the PR. Cryptocurrencies popularized the idea of it and companies are jumping on the hypechain, that's all.

Obviously, there would be no way to tell whether my statement is true or not.

Blockchain wouldn't appear without Bitcoin. It would be nothing more than a very obscure programming pattern barely used anywhere, and the only people who know about it would be some guys from stackoverflow. It only exists as we know because of the huge marketing campaign created by altcoins and blockchain companies that tried to sell it as the next big thing.

Actually it is not true, if you look back and try to search you will find that the concept of the blockchain technology was created way back in the early 1990sn, bitcoin is a use of this network, as bitcoin is cryptocurrency that was first made its first transaction back in 2009, and up until 2014 blockchain was only used for cryptocurrncies like bitcoin and ethereum, where it became usable in a wide variety of things and it still has a potential to grow even more.

I think the two are inseparable otherwise you will likely not have safe/good Bitcoin. It's more like fruits and the nutrients in them ... You can't say I like the fruits but not the nutrients. The fruits were built for the nutrients for our enjoyment and health.    Those who dislike the nutrients will probably drain the fruits off nutrients and fill it synthetic stuff or things that fruits are not designed to contain

Not really. The idea was actually born quite a bit earlier, in the late 90s. Just check the references that Satoshi made in the whitepaper. Bitcoin was never really treated as a scam, if you actually read the whitepaper then you'll know what's going on.

Satoshi didn't conceptualize the idea of it, he basically combined the various ideas; b-money, distributed ledgers, etc into Bitcoin AND made it work. I have no doubt that even without Bitcoin, Blockchain would've appeared sooner or later but without all the hype. Blockchain is mostly just a snakeoil. Corporations love to use it with their sentences, makes them sound cool and brings some nice PR.

This isn't accurate. Satoshi consulted several people who conceptualized something similar. Check out B-money.
Come on, check the code from the first iteration first. It is neither complete nor perfect.

Oh boy. This is wrong too.