Blockchain is bigger than cryptocurrency

edisystem

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Quote from: Windmoney@1 on September 12, 2018, 11:09:50 AM

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.

xPASTELx

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Quote from: Windmoney@1 on September 12, 2018, 11:09:50 AM

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?

No one is disputing this fact, it is really bigger than cryptocurrency. Cryptocurrencies are just a part of it, a small part if we are being honest. There is so much more that can be done with the blockchain technology than just cryptocurrencies and with time, even more of this potential will be unlocked.

RobotNIK

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Yes you are right. Blockchain technology is more than just a cryptocurrency, it can be used in many industries!

snakey

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What do you mean by blockchain> cryptocurrency?
OP please when you do comparision then do it fof a apple with an apple.

Cryptocurrencies are assets based on blockchain technology or sidechain technology.

Simply: blockchain is a technology whereas cryptocurrencies are virtual currencies.

alex_kir

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After all, blockchain is a technology that as a whole can change our world very much, and this world will definitely be changed with the help of our new technologies, which very soon will begin to use transparency.

cryptotycoon33

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Quote from: Louis21 on October 04, 2018, 11:08:05 AM

Blockchain is far bigger than Cryptocurrency. Blockchain is the technology that has the potentials to disrupt the entire industries and lead the next industrial revolution, Cryptocurrency is one of blockchain technology end products or features.

Blockchain technology is one of the best innovative technologies in the cryptocurrency space, it has come to stay, many more projects are emerging and are ready to disrupt the traditional financial world.

Louis21

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Blockchain is far bigger than Cryptocurrency. Blockchain is the technology that has the potentials to disrupt the entire industries and lead the next industrial revolution, Cryptocurrency is one of blockchain technology end products or features.

dddudidd

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Quote from: Windmoney@1 on September 12, 2018, 11:09:50 AM

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?

Your opinion is all right, and I have the same reasons as you. but that's just a small conclusion that we argue for ourselves, but I think blockchain is very broad, and there are still few people who know blockchain comprehensively even though he has been practicing it from 1-2 years ago. the point is we keep learning about blockchain and cryptocurrency even harder

KevinHD

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One thing that make that statement wrong is Blockchain technology is nothing without the prescence of cryptocurrencies, and so do cryptos are nothing with Blockchain. Although yes it is indeed bigger, but those two are on different field in terms of use and description.

hummer113

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If the blockchain gets rid of its shortcomings, then in the future I think more companies will be able to use it, the fields of application are very different, look at the variety of ICO.

minime0105

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I agree with the author. In my opinion too, blockchain has much more potential beyond the cryptocurrency system. It's potential is immeasurable in terms of what it can achieve for our society. We will soon see this development.

Abal Abal

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Quote from: Windmoney@1 on September 12, 2018, 11:09:50 AM

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?

actually this kind of tickles me,
Blockchain is definitely bigger than cryptocurrency, because all crypto use Blockchain technology.

Baofeng

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Quote from: Windmoney@1 on September 12, 2018, 11:09:50 AM

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 behind some well-known coins right now. Its a distributed ledger wherein data is immutable (cannot be altered), could be public or private blockchain. With that said, different sectors or companies can take advantage of this technology so yes, blockchain could be the next big thing that will really impacted not just crypto but the whole global industries (manufacturing, banking systems, military, health and science and others). But it doesn't mean the government loves blockchain, them will also adopt crypto though, its different so don't be surprise hearing countries like China having blockchain conferences and spreading the word how good blockchain is but totally going hostile against crypto.

Crypdon

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Both go hand in hand in that the blockchain brings transparency which is something governments will hate. Cryptocurrency will economise the blockchain, again something that the governments will hate. All in all, this is a damn good movement!

Aligab166

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Quote from: Windmoney@1 on September 12, 2018, 11:09:50 AM

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?

This is very true. The blockchain itself is bigger and greater than cryptocurrency. It is far beyond cryptocurrency as crypto is just an aspect of the decentralized features of the blockchain technology.

GucciGangClub

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In general, Blockchain became popular due to cryptocurrencies, but I think that the Blockchain is much broader as a concept.

Samkol26

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It od correct that blockchain is bigger than cryptocurrency. This is because cryptocurrency is based on blockchain and it can't do without the blockchain.

Camster

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Quote from: Windmoney@1 on September 12, 2018, 11:09:50 AM

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?

Correct. Crypto Currency is just one thing you can do on the blockchain. As time grows and technology advances the dapps that can be created using the blockchain can be revolutionary. We just need time and patience for this to all unfold. Most of the best programmers in the world probably are not working on this right now. Wait till the shift happens.

dgoswami12

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Yes this is right Blockchain technology is not just cryptocurrency it is something bigger than that . The best part is decentralization , you are your own boss here. I love blockchain technology so much for that. I think in near future all people will understand Blockchain is not just about Bitcoin and they will adopt blockchain technology.

BZingerB

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I expect the acceptance of the crypto currency by the modern world for 3-5 years already. The world will use the crypto currency as the main tool for calculating and calculating

active706

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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.

tungaqhd

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Yes, cryptocurrency is just a product of blockchain technology

waser12

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Blockchain allow to transfer cryptocurrencies that why this terms can not be equal and comparable.

Cacaparg

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Yes it is absolutely brilliant statement, cryptoindustry brought to the world blockchain technology, community, philosophy which can change the world

hall16

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“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.

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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.

erox

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I think that coins are the first and obvious use of blockchain technology, but its potential is much deeper.

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Quote from: Windmoney@1 on September 12, 2018, 11:09:50 AM

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.

Nolimitz84

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Blockchain is the architecture on which new crypto-currencies appear. These 2 terms are interrelated)

Dyanggok

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Quote from: Windmoney@1 on September 12, 2018, 11:09:50 AM

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?

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.

yslyv

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Quote from: Windmoney@1 on September 12, 2018, 11:09:50 AM

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 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.

NakiRR

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Quote from: Windmoney@1 on September 12, 2018, 11:09:50 AM

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.

OneCoinMan

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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.

edisystem

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Quote from: Windmoney@1 on September 12, 2018, 11:09:50 AM

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.

cryptofunn

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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

Oktianabns

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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

xuan87

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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

cryptolidus

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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.

Bitcoin+Fi

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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.

ejhayehm

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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

kaopxa

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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.

Fetwerivid

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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.

glaccief

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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.

yugyug

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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.

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Quote from: leviathon on September 13, 2018, 05:02:57 AM

Quote from: Windmoney@1 on September 12, 2018, 11:09:50 AM

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?

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

It was true that the first blockchain initially was more important to validate a network-block with section process systematically transparenty

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.

Shative

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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.

aligator2017

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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

antonwantbitcoin

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This is a technology that will be applied everywhere. Wherever there's a computer. This will replace many areas

Adelbertsteiner

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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.

Pffrt

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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.

DonateBB

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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

icemantaurus

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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.

Sadyshagg

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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.

VogueaNON

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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.

mmo_online_1981

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Altcoin is just Blockchain based application, without Blockchain we do not have Bitcoin and altcoin! Therefore, it is impossible to compare crypto with Blockchain!

Westfiled

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Quote from: Windmoney@1 on September 12, 2018, 11:09:50 AM

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.

thaoni23

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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.

nettaw

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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.

karashika0577

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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.

BTCdoaA

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Quote from: Windmoney@1 on September 12, 2018, 11:09:50 AM

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 .
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 .

Cryptomilz

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Blockchain is the underlying technology behind the myriad of cryptocurrencies we have in the space now. This doesn't mean that cryptocurrencies should be relegated to the background as they are equally important in driving the platforms

arthur305

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Blockchain is definitely here to stay and can only develop with time but definitely a lot of cryptocurrency won't survive the test of time to be honest.

DesertOasis3

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Blockchain will certainly be bigger than cryptocurrency but it hasn't quite got there yet. I don't think the tipping point is very far away however as there are a lot of new projects starting that have blockchain at the centre of their structure for managing records, tracking inventory etc.

labhsikh123

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Blockchain is master chain of cryptocurrency on world level. cryptocurrency is a part of blockchain.Blockchain is primary than cryptocurrency.

hualy2

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The cryptocurrency is just a branch of the blockchain, and I believe that the blockchain can bring more convenience to humans!

talkbitcoin

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All I know is that I know nothing.

by blockchain they mean the technology and those who make these statements usually want to put bitcoin down and say bitcoin is of no significance while they use bitcoin's "technology" to create their own altcoin and then advertise that altcoin as the best thing that has ever existed! always for pump and dump purposes.

krassy

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Blockchain is primarily a trust system, a place where there are no intermediaries and all information is available and transparent, in a decentralized blockchain information is also anonymous, in a centralized blockchain information about users is available. blockchain is, first of all, a new format of trust, which does not require intermediaries and authorities. Anything that can be written in a list can be written to the blockchain. A logical application is to register land ownership, a diploma or a prescription for a medicine. Blockchain is not a currency, but the possibilities of using blockchain in the financial sphere are endless.

leviathon

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Quote from: Windmoney@1 on September 12, 2018, 11:09:50 AM

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?

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

Windmoney@1

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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?

Topic: Blockchain is bigger than cryptocurrency (Read 356 times)