Yes and no. Cryptocurrency is the only usecase which justifies the price of blockchain.
Unfortunately blockchain is a very expensive state machine. There are ways to do most things blockchain can do (especially at the enterprise scale) with a good API. It's possible it will become a new infrastructure standard for inter-company or inter-machine communication, but that's a long ways away.
Topic: Blockchain is bigger than cryptocurrency - page 3. (Read 362 times)
Blockchain is unquestionably digging in for the long haul and can just create with time however certainly a great deal of digital money won't survive the trial of time to be straightforward.
they are saying right because blockchain is a technology and cryptocurrency is digital currency.since they are both doing well together. Blockchain is primarily a trust system.
Blockchain and crytpocurrency or electronic money are of different thing. Blockchain technology is a form of distributed ledger database with no centralized network or has an independent node but it was popularized by the bitcoin creator to solve some issues and limitation from other previous electronic currency.
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?
They are right in saying so. The fact is that cryptocurrencies are the way that blockchain technology were introduced to the world and that is a good thing, since they are both doing well together, now people are realizing that you can do a lot of things with the blockchain technology without the cryptos and that is the best part about it
All Crypto's gotta be sure about base-on blockchain. I thought blockchain 1 was on bitcoin, blockchain 2 on ethereum and blockchain 3 on EOS.
I think blockchain could be in working research and so more than as science, bio-technical, fintech, AI, bigdata, stamping, other technologies can use the future on blockchain.
i am agree with them because blockchain is a technology.it is also primarily a trust system. and cryptocurrency is digital currency.since they are both doing well together.
Blockchain is general, cryptocurrency is specific. So blockchain can find many fields of usage besides electronic cash systems. As cryptography also does. Because there are some currencies that works without using blockchain - IOTA for example which uses DAG
This is a technology that will be applied everywhere. Wherever there's a computer. This will replace many areas
Cryptocurrencies are applications built on the first of the blockchains. Crypto is a major investment channel and thanks to it, many people have come closer and learned more about Blockchain.
Those two are totally 2 different things. Blockchain is a technology by which we can be enough transparent. Cryptocurrency is utilizing that technology in order to ensure transparent currency and payment without third-party.
Blockchain is the basis for altcoin development so these two categories are different, maybe only in a short time blockchain will grow widely around the globe. And everyone will know cryptographic code
We cannot compare this two, since block chain is not classified as cryptocurrency. As my understanding works let me explain as simple as this, blockchain is like the a pipe or a tube. While cryptocurrency is the water or the fluid that flows inside.
People can't wrap their heads around cryptocurrencies yet.. People couldn't wrap their heads around the internet or cellphones when they were first introduced.. This is all part of the growing process for new technologies.
Blockchain is a technology and it also is primarily a trust system. it is now more popular and trusted. and crypto currency is digital currency it is also used too. since they are both doing well together.
Altcoin is just Blockchain based application, without Blockchain we do not have Bitcoin and altcoin! Therefore, it is impossible to compare crypto with 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?
Blockchain has known by so many people that started from the bitcoin. Remember if there was no bitcoin and the blockchain system will never exist. as you can see the blockchain system has created by satoshi nakamoto to be used by bitcoin as the mainchain but in this time so many people are only taking the advantage from the blockchain itself. What is your own opinion on this?
Cryptocurrency is a product created by blockchain. It is the most complete and first product of blockchain technology. So blockchain is like father and cryptocurrency is child.
blockchain is a system and technology which is independent of crypto. crypto does exist BECAUSE OF blockchain. but blockchain can be used without crypto hence it can spread more widely.
People consider Blockchain as big one, perhaps because of it all have begun to believe that cryptocurrency have become dependent on Block Chain. It is not so, the truth is that blockchain's birth has happened to understand the crypto and simplify it, it is a technique. It is possible that more such techniques will come in the future. The blockchain is really awesome, it is used in crypt and other areas.
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 best innovation within the past 100 years . so many coins start to create different projects with different blockchain concepts to accept smart contract , decentralized exchanges , digital signature ...etc . What is your own opinion on this?
But the real value of blockchain is determined from the running time of the chain ,take bitcoin main chain as example . So cryptocurrency built on the blockchain and expert can't compare them together because the complete each other .
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