Topic: Blockchain is bigger than cryptocurrency - page 2. (Read 359 times)
Crypto it`s electronic currency, this is like money at all. Blockchain - it`s decentralized technology, which can be used in different spheres. Crypto also basics on the blockchain, but blockchain can be used not only in crypto.
Yes, cryptocurrency is just a product of blockchain technology
Blockchain allow to transfer cryptocurrencies that why this terms can not be equal and comparable.
Yes it is absolutely brilliant statement, cryptoindustry brought to the world blockchain technology, community, philosophy which can change the world
“The blockchain is an incorruptible digital ledger of economic transactions that can be programmed to record not just financial transactions but virtually everything of value.” - Don & Alex Tapscott, authors Blockchain Revolution (2016)
Essentially, blockchain is a decentralized technology. It is a shared, immutable ledger that lets us record the history of transactions. By establishing trust, accountability and transparency, it transforms the way we carry out transactions and can be adapted to virtually any contract, deed or payment. Whereas cryptocurrencies are basically just digital money, digital tools of exchange that use cryptography and the blockchain technology to facilitate secure and anonymous transactions.
Essentially, blockchain is a decentralized technology. It is a shared, immutable ledger that lets us record the history of transactions. By establishing trust, accountability and transparency, it transforms the way we carry out transactions and can be adapted to virtually any contract, deed or payment. Whereas cryptocurrencies are basically just digital money, digital tools of exchange that use cryptography and the blockchain technology to facilitate secure and anonymous transactions.
blockchain is the evolutionary technology we are looking to , cryptocurrency is just a form where this technology can be implemented .
people have to know the difference between them if we want this field to grow and expand , blockchain technology has already proved it power especially in bank domain , we hope soon we see other application of this technology in real life.
people have to know the difference between them if we want this field to grow and expand , blockchain technology has already proved it power especially in bank domain , we hope soon we see other application of this technology in real life.
I think that coins are the first and obvious use of blockchain technology, but its potential is much deeper.
Some people says Blockchain is bigger cryptocurrency? The concept of cryptocurrency is electronic currency, while the concept of blockchain is transparency with my own little understanding about blockchain and cryptocurrency...
What is your own opinion on this?
Blockchain is the "Technology for Decentralization" and Crypto-Currency is one of its application. Lets remember that Satoshi Nakamoto's purpose when he was created Bitcoin is to eliminate the middleman or the Centralized aspect of the present "Financial Structure" but in reality Blockchain Technology is not fully utilized as of Today. the main reason why Blockchain is famous now because of the Cryptocurrency I believe that in the near future Blockchain Technology will fully utilized and used in real life aspect such as medical and Health,Transportation,Banking and Finance,Education etc. this is the begining of the Decentralized era thanks to Blockchain and Satoshi Nakamoto. What is your own opinion on this?
Blockchain is the architecture on which new crypto-currencies appear. These 2 terms are interrelated)
Some people says Blockchain is bigger cryptocurrency? The concept of cryptocurrency is electronic currency, while the concept of blockchain is transparency with my own little understanding about blockchain and cryptocurrency...
What is your own opinion on this?
What is your own opinion on this?
Basically blockchain technology was not only for cryptocurrency. This is a developing technology that had a lot of potential, the safety and full access of data's had a lot of use not only for crypto. So for me big yes that Blockchain is way bigger than crypto technology and usefulness wise.
Some people says Blockchain is bigger cryptocurrency? The concept of cryptocurrency is electronic currency, while the concept of blockchain is transparency with my own little understanding about blockchain and cryptocurrency...
What is your own opinion on this?
What is your own opinion on this?
blockchain is a technology. a newly developed and now in its very early stages. and there are many different tries on this technology. cryptocurrencies are the currencies that based on this blockchain technology. you can not compare them with eachother.
Some people says Blockchain is bigger cryptocurrency? The concept of cryptocurrency is electronic currency, while the concept of blockchain is transparency with my own little understanding about blockchain and cryptocurrency...
What is your own opinion on this?
of course blockchain is not only bitcoin or crypto-currency, first of all it is a unique technology that provides us transparency, decentralization, honesty, independence, cheap and fast transactions all over the globe and in any time, etc. What is your own opinion on this?
Of course, you should understand the differences between these two concepts. Blockchain is just a database of a new generation, a distributed registry that has nothing to do with crypto-currencies. On the contrary, the crypto-currencies are based on the blockchain.
Some people says Blockchain is bigger cryptocurrency? The concept of cryptocurrency is electronic currency, while the concept of blockchain is transparency with my own little understanding about blockchain and cryptocurrency...
What is your own opinion on this?
I think yes, if you see the news, almost all good news is about blockchain. Many industry and big company start to think about blockchain technology to be implemented on the company. On the other hand, cryptocurrency is not that big known by all people around the world. I hope both blockchain and cryptocurrency can become popular together. What is your own opinion on this?
uniquely crypto currency is secondary. Blocking is exactly what drives the entire crypto market and will be the main theme for the next 15 years
all crypto that make it trusted and so famous are the systems, not cryptonya.
because crypto uses blockchain, which is very transparent in transactions. and this is what made him famous
because crypto uses blockchain, which is very transparent in transactions. and this is what made him famous
Blockchain and crypto are two important things that complete each other, blockchain become famous because it was introduced by the crypto, maybe in the future blockchain will be more famous, because a lot of countries are doing research on blockchain, both of the technology got a different purpose,so we can't say which one is bigger
Cryptocurrencies are only one of the use cases of blockchain technology. They were introduced by BTC
but blockchain technology will be widely used on other fields as well beside asset tokenization in energy market,
healthcare, supply chain management and many others.
but blockchain technology will be widely used on other fields as well beside asset tokenization in energy market,
healthcare, supply chain management and many others.
I believe that the business blockchain technology is an opportunity to be and develop a crypto currency. I'm sure that the crypto currency would not be if there were any blockchain technologies. This technology can be used not only in the crypto currency and this is a big plus. I think that this technology will find a large number of where you can apply it.
Blockchain is a technology and cryptocurrency is just an instances of applications that have applied blockchain. For example, in my city, the government is planning to use blockchain to improve the education system
Jump to: