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Topic: Bitcoin comes first and blockchain comes later - page 3. (Read 570 times)

copper member
Activity: 154
Merit: 234
In my opinion, the internet was the beginning of the technological revolution and at that time, it was thanks to the internet that new ideas such as BTC were born. in 2009 Satoshi Nakamoto launched BTC with its blockchain network. BTC is the first pioneering virtual currency and with the blockchain has been perfected to help BTC move in the blockchain space with ease. In other words, BTC and blockchain were born together to interact and support each other.
Your answer is exactly the question I emphasized. First of all, Bitcoin is fundamentally different from the Internet. What the Internet mainly does is the transmission of information, and what Bitcoin realizes is the transfer of value. They are two completely different dimensional technologies. At the same time, blockchain and Bitcoin were not born at the same time. In my opinion, in the first three years or even five years before the birth of Bitcoin, there was no concept of blockchain at all. At the same time, Bitcoin was treated as a scam at that time. Until various technical personnel continued to study the technical principles of Bitcoin, and finally extracted the blockchain technology from the realization of Bitcoin.
copper member
Activity: 168
Merit: 4
In my opinion, the internet was the beginning of the technological revolution and at that time, it was thanks to the internet that new ideas such as BTC were born. in 2009 Satoshi Nakamoto launched BTC with its blockchain network. BTC is the first pioneering virtual currency and with the blockchain has been perfected to help BTC move in the blockchain space with ease. In other words, BTC and blockchain were born together to interact and support each other.
copper member
Activity: 154
Merit: 234
We see Bitcoin and blockchain in many places, but most of us do not know their relationship. Coupled with media reports from different governments, it is easier to confuse the relationship.

We can often see this media view: Bitcoin uses blockchain as the underlying technology. Seeing this sentence, for the vast majority of ordinary people, they will definitely confuse the relationship between Bitcoin and the blockchain. They would think that blockchain technology was born first, and then Bitcoin was born. This is why many governments ban Bitcoin but not blockchain. They will advertise that blockchain is a very good and very advanced technology. But Bitcoin is a very risky asset and a bad thing.


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. I think this is a very important point, and it is necessary for us to spread it to all friends around us who are concerned about Bitcoin.In 2009, Satoshi Nakamoto created Bitcoin and the Bitcoin network began to operate. Then in the following three to five years, scientific and technological personnel in different countries analyzed the underlying technology of Bitcoin. Discovered the stability and reliability of its technical logic, and finally concluded the blockchain technology based on the operation law of the Bitcoin ledger.

Without the birth of Bitcoin, there would be no current blockchain technology. This is also fundamentally different from the birth of the Internet. The birth of the Internet was gradually iteratively born in the thirty to fifty years of the development of human computer networks. Yes, it was born by iteration, not overnight. It is gradual and gradually improved. It is gradually established with the upgrading of technology from generation to generation.But the birth of Bitcoin is fundamentally different. Bitcoin was created by Satoshi Nakamoto like a pioneer. Before the birth of Bitcoin, there were also some related research and explorations of electronic money. Satoshi Nakamoto also explored them to some extent. However, the principle and implementation of Bitcoin itself are fundamentally different from them. At the same time, from the first day of Bitcoin's birth, its code logic itself is almost complete and perfect, even impeccable.

Until today, Bitcoin has still not found any major loopholes, and the Bitcoin network has been operating stably for 12 years without major upgrades. This is almost a miracle in the history of software changes. It is precisely this that supports the entire prosperous crypto ecosystem.Therefore, Bitcoin is the perfect gift that Satoshi Nakamoto brought us. It can be said that Bitcoin is the father of the blockchain, not that the blockchain is the father of Bitcoin.

This is my opinion, what do you think?
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