Rebranding - Using the term Blockchain vs Bitcoin

homo homini lupus

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Quote from: Patel on January 29, 2015, 11:53:10 PM

I think this would really be a great PR move. People say things like "use the internet". It sounds much better to say "Put it on the blockchain" rather than to say "use bitcoin"

The more people refer to the Blockchain as the protocol, and Bitcoin as the currency, the better.

Bitcoin invented the blockchain, the usage of blockchain should automatically refer to Bitcoin.

Bitcoin also sounds like a brand, whereas "Blockchain" sounds more neutral.

I think we, the community, should make an effort to refer to the protocol as "the" blockchain. And refer to the currency as bitcoin.

'THE blockchain' doesn't exist - it is 'the blockchain of bitcoin'
There are hundreds of other blockchains out there.

Possum577

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Loose lips sink sigs!

Do people use the world "Bitcoin" when they're referring to "blockchain"?

I don't think they do, but maybe I'm wrong.

Gleb Gamow

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Chain --> String --> Kamba (Swahili)

HarmonLi

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Honest 80s business!

Quote from: Mr Moustache on February 02, 2015, 11:56:59 AM

Quote from: R2D221 on February 02, 2015, 11:52:49 AM

Quote from: koinvict on February 02, 2015, 09:38:27 AM

Quote

It is just my opinion (and nothing else) that the blockchain should be exclusively used for money.

That's like buying a computer solely for the purpose of checking your email.

Which most people do.

Really? I think most people don't do this. A more apt analogy would be buying a smartphone just to call people. People use phones and computers for a wide range of things and if you just wanted to check email a phone or tablet would be better. I think the fact that the blockchain can be used for a multitude of things just ads to bitcoins value as a technology.

Well the Bitcoin blockchain is and will be used primarily for money. You could have other chains dedicated for other purposes. The only problem I see is that people need an incentive to "mine" that chain. With Bitcoin you get the block reward and transaction fees, but having a useful new Blockchain may not prove to be incentive enough for people to mine it.

Mr Moustache

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Quote from: R2D221 on February 02, 2015, 11:52:49 AM

Quote from: koinvict on February 02, 2015, 09:38:27 AM

Quote

It is just my opinion (and nothing else) that the blockchain should be exclusively used for money.

That's like buying a computer solely for the purpose of checking your email.

Which most people do.

Really? I think most people don't do this. A more apt analogy would be buying a smartphone just to call people. People use phones and computers for a wide range of things and if you just wanted to check email a phone or tablet would be better. I think the fact that the blockchain can be used for a multitude of things just ads to bitcoins value as a technology.

HarmonLi

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Honest 80s business!

Well, I think this is going to confuse people even more. Bitcoins are the name of the "brand" and the tokens used to denominate value in the Bitcoin ecosystem. They're stored on the Blockchain, or rather in addresses about whose balance the Blockchain keeps track. I do get your idea, but I don't think this is going to help Bitcoin!

R2D221

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Quote from: koinvict on February 02, 2015, 09:38:27 AM

Quote

It is just my opinion (and nothing else) that the blockchain should be exclusively used for money.

That's like buying a computer solely for the purpose of checking your email.

Which most people do.

koinvict

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Quote from: R2D221 on January 30, 2015, 05:44:35 PM

Quote from: Amph on January 30, 2015, 03:44:27 PM

blockchain is a part of bitcoin, like death is a part of the life

Death is the absence of life. Are you saying that the blockchain is the absence of bitcoin? Or otherwise?

It's reversed. bitcoin is a part of the blockchain. Let's not forget that Bitcoin is a trustless consensus - currency is an app or extension of this consensus. bitcoin is stronger than just a currency - the blockchain can serve as the backbone to all future endeavors that need a 3rd party as a consensus.

Quote

It is just my opinion (and nothing else) that the blockchain should be exclusively used for money.

That's like buying a computer solely for the purpose of checking your email.

R2D221

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Quote from: Amph on January 30, 2015, 03:44:27 PM

blockchain is a part of bitcoin, like death is a part of the life

Death is the absence of life. Are you saying that the blockchain is the absence of bitcoin? Or otherwise?

R2D221

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Quote from: koinvict on January 30, 2015, 01:39:47 PM

Why would you want to use a separate blockchain when you have an existing, extensible technology? All these kind of "projects" will give bitcoin more worth and intrinsic value.

Use the existing blockchain for EVERYTHING - it makes it more powerful actually if everyone is involved with everything.

I don't get how smart contracts working on top of Bitcoin (but not being Bitcoin themselves) will give Bitcoin “more intrinsic value”. Bitcoin is already worthy by its own merits. We don't need a savior project (or a “killer app” as these people like to call it, or whatever) to give Bitcoin value.

Also, about everything using the same blockchain... Well, it can be both. You can either use Bitcoin's blochckain for this, or create a new one (I'm not sure if that would be an alt coin or not). I guess it doesn't matter. It is just my opinion (and nothing else) that the blockchain should be exclusively used for money.

Amph

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blockchain is a part of bitcoin, like death is a part of the life

Carlton Banks

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The blockchain IS NOT:

a currency
a network
"an internet"

Get a grip everybody.

countryfree

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Your country may be your worst enemy

This would not be appropriate, since bitcoin is unique whereas the blockchain is not.
Several companies are looking into creating their own blockchains for their employees, just like many have intranets.

koinvict

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Quote from: pereira4 on January 30, 2015, 01:33:52 PM

Quote from: R2D221 on January 30, 2015, 12:14:16 PM

Quote from: koinvict on January 30, 2015, 11:21:20 AM

I agree there's not much confusion now.

But imagine developing upon a protocol called the Dollar and you spend dollars. It'll become a more confusing term in the future if bitcoin ever becomes a mainstream currency. The blockchain is MORE than just a currency.

I want to create contracts, social media, and various apps (anything that needs ownership) using this ledger/consensus technology. The actual world-changing protocol should not have the same name as the currency that stems from it.

Just my $.02

The problem is that Bitcoin was designed as a currency, nothing more. Yes, the concept of the blockchain is a great invention that can be used for smart contracts and the like, but the blockchain used by Bitcoin was meant to log currency transactions.

It's cool that people are using Bitcoin's blockchain for things such as Proof of existence, but I think an independent (i.e. not Bitcoin's) blockchain should be ideal for these kind of projects.

Yeah, they are only going to make the blockchain slower by suffocating it with too much content. I think sidechains are a bit overrated around here.

How will it make the blockchain slower?

koinvict

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Quote from: R2D221 on January 30, 2015, 12:14:16 PM

Quote from: koinvict on January 30, 2015, 11:21:20 AM

I agree there's not much confusion now.

But imagine developing upon a protocol called the Dollar and you spend dollars. It'll become a more confusing term in the future if bitcoin ever becomes a mainstream currency. The blockchain is MORE than just a currency.

I want to create contracts, social media, and various apps (anything that needs ownership) using this ledger/consensus technology. The actual world-changing protocol should not have the same name as the currency that stems from it.

Just my $.02

The problem is that Bitcoin was designed as a currency, nothing more. Yes, the concept of the blockchain is a great invention that can be used for smart contracts and the like, but the blockchain used by Bitcoin was meant to log currency transactions.

It's cool that people are using Bitcoin's blockchain for things such as Proof of existence, but I think an independent (i.e. not Bitcoin's) blockchain should be ideal for these kind of projects.

Why would you want to use a separate blockchain when you have an existing, extensible technology? All these kind of "projects" will give bitcoin more worth and intrinsic value.

Use the existing blockchain for EVERYTHING - it makes it more powerful actually if everyone is involved with everything.

pereira4

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Quote from: R2D221 on January 30, 2015, 12:14:16 PM

Quote from: koinvict on January 30, 2015, 11:21:20 AM

I agree there's not much confusion now.

But imagine developing upon a protocol called the Dollar and you spend dollars. It'll become a more confusing term in the future if bitcoin ever becomes a mainstream currency. The blockchain is MORE than just a currency.

I want to create contracts, social media, and various apps (anything that needs ownership) using this ledger/consensus technology. The actual world-changing protocol should not have the same name as the currency that stems from it.

Just my $.02

The problem is that Bitcoin was designed as a currency, nothing more. Yes, the concept of the blockchain is a great invention that can be used for smart contracts and the like, but the blockchain used by Bitcoin was meant to log currency transactions.

It's cool that people are using Bitcoin's blockchain for things such as Proof of existence, but I think an independent (i.e. not Bitcoin's) blockchain should be ideal for these kind of projects.

Yeah, they are only going to make the blockchain slower by suffocating it with too much content. I think sidechains are a bit overrated around here.

Finchy

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Quote from: koinvict on January 30, 2015, 11:21:20 AM

Quote from: yatsey87 on January 30, 2015, 11:10:19 AM

Quote from: koinvict on January 30, 2015, 11:06:15 AM

Quote from: R2D221 on January 30, 2015, 08:43:56 AM

I'm sorry, but I fail to see the confusion here.

Designing other apps/protocols on top of the blockchain (big B Bitcoin) can be confused with the currency (little b bitcoin). There needs to be a differentiation between the protocol and the tokens.

I don't think so and don't see the confusion. Bitcoin is the whole system but the coins are what you own / spend. People know which you're referring to given the context.

I agree there's not much confusion now.

But imagine developing upon a protocol called the Dollar and you spend dollars. It'll become a more confusing term in the future if bitcoin ever becomes a mainstream currency. The blockchain is MORE than just a currency.

In my opinion the currency is bitcoin and the technology is the blockchain. Pretty simple once you look at it that way. Things will be built on top of the blockchain not bitcoin. I don't see the issue.

R2D221

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Quote from: koinvict on January 30, 2015, 11:21:20 AM

I agree there's not much confusion now.

But imagine developing upon a protocol called the Dollar and you spend dollars. It'll become a more confusing term in the future if bitcoin ever becomes a mainstream currency. The blockchain is MORE than just a currency.

I want to create contracts, social media, and various apps (anything that needs ownership) using this ledger/consensus technology. The actual world-changing protocol should not have the same name as the currency that stems from it.

Just my $.02

The problem is that Bitcoin was designed as a currency, nothing more. Yes, the concept of the blockchain is a great invention that can be used for smart contracts and the like, but the blockchain used by Bitcoin was meant to log currency transactions.

It's cool that people are using Bitcoin's blockchain for things such as Proof of existence, but I think an independent (i.e. not Bitcoin's) blockchain should be ideal for these kind of projects.

koinvict

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Quote from: yatsey87 on January 30, 2015, 11:10:19 AM

Quote from: koinvict on January 30, 2015, 11:06:15 AM

Quote from: R2D221 on January 30, 2015, 08:43:56 AM

I'm sorry, but I fail to see the confusion here.

Designing other apps/protocols on top of the blockchain (big B Bitcoin) can be confused with the currency (little b bitcoin). There needs to be a differentiation between the protocol and the tokens.

I don't think so and don't see the confusion. Bitcoin is the whole system but the coins are what you own / spend. People know which you're referring to given the context.

I agree there's not much confusion now.

But imagine developing upon a protocol called the Dollar and you spend dollars. It'll become a more confusing term in the future if bitcoin ever becomes a mainstream currency. The blockchain is MORE than just a currency.

I want to create contracts, social media, and various apps (anything that needs ownership) using this ledger/consensus technology. The actual world-changing protocol should not have the same name as the currency that stems from it.

Just my $.02

yatsey87

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Quote from: koinvict on January 30, 2015, 11:06:15 AM

Quote from: R2D221 on January 30, 2015, 08:43:56 AM

I'm sorry, but I fail to see the confusion here.

Designing other apps/protocols on top of the blockchain (big B Bitcoin) can be confused with the currency (little b bitcoin). There needs to be a differentiation between the protocol and the tokens.

I don't think so and don't see the confusion. Bitcoin is the whole system but the coins are what you own / spend. People know which you're referring to given the context.

Topic: Rebranding - Using the term Blockchain vs Bitcoin (Read 1732 times)