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Topic: What is the relation of Bitcoin with Blockchain? - page 2. (Read 280 times)

newbie
Activity: 154
Merit: 0
Block chain was a great innovations based on this block chain tech is very important part of crypto market because its fully decentralize based on this yes btc is depended for block chain tech also this is very transparent transactions also dealing. So this system has good future.
legendary
Activity: 1414
Merit: 1001
What is the use of all the blockchain in different countries of the world depends on Bitcoin? Except for Bitcoin, it is difficult or impossible to succeed in the blockchain.

We found that most of the blockchains were accepted by Bitcoin.
Expect your exact reasoning.
Blockchain is a technology used by Bitcoin in performing various financial transactions, it can be said this is a central system that will process various financial transactions using Bitcoin. currently blockchain has begun to be applied in various systems in the world, some companies have even started to apply blockchain because in fact that blockchain has a superiority and security that is much better than other systems.
newbie
Activity: 225
Merit: 0
They have a very close relationship with each other. Blockchain was first introduced in 2009 and the example that explain what is Blockchain is the Bitcoin, to illustrate how Blockchain works, the founders have shown us that how is Bitcoin move from one wallet to anothe. In other words, without Bitcoin, we can not see specifically how Blockchain works
There are many other platforms in Blockchain today, so if Bitcoin did not exist, Blockchain is still developing, but with other platforms (possibly Ethereum, etc.) Smiley
member
Activity: 378
Merit: 11
I would explain the bitcoin and blockchain in relative terms to people and a vehicle.  If I am a passenger moving from destination "A" to "B" via a  public transport system. I can't possibly get to my destination without a taxi say which is the means of my transportation. In the above context, Bitcoin is the passenger, while the taxi is the blockchain. Bitcoin is useless with a blockchain; a means of transfer and record.
legendary
Activity: 2604
Merit: 1036
Obviously the OP is not a native English speaker and looks like we are lost in translation a little bit so I will try to explain this in the simplest way possible haha. Bitcoin is the cash and the Blockchain is the cash register. When you want to send cash to someone the cash register tells you how much you are sending, how much you are left with and records the transaction. Hope that helps  Grin
newbie
Activity: 294
Merit: 0
bitcoin and blockchain this both are part of crytocurrency . blockchain used in many sector of cryptocurrency but with bitcoin the relation is bit direct you even can say blockchain is like a backbone of the bitcoin network system, and rest of the information you can have by study about this topics
jr. member
Activity: 322
Merit: 1
Well, Bitcoin is related with blockchain technology. Blockchain tech allows to send anyone some kind of data of currency in a secure way. For this reason it is important for BTC. As BTC is a decentralized digital currency and a peer to peer payment system.
sr. member
Activity: 1190
Merit: 255
Why is everyone not explaining this clearly?

The relation with bitcoin or any other currency like ETH to blockchain is that blockchain act as if its the database of transactions of a coin or a token. Every altcoin or token has their own blockchain which lists the transactions being made by its users.  A newbie has to learn these because soon they will have to check their transactions on the ledger which bascially just the blockchain.
newbie
Activity: 112
Merit: 0
Blockchain is the technology which is used to trasfer cryptos from one to another. It is the decentralized system of transfering btc or cryptos from one peer to another peer.
newbie
Activity: 126
Merit: 0
Mainly the blockchain technology works as the backbone of bitcoin transactions. As the bitcoin was created for making decentralized peer to peer transaction, the blockchain allows the btc to do so.
newbie
Activity: 129
Merit: 0
Bitcoin and blockchain are interwoven because it operate on Blockchain technology which is decentralized, so without Blockchain Bitcoin will not exist freely
newbie
Activity: 168
Merit: 0
Bitcoin is the decentralised crypto currency where no third party can interrupt and bitcoin runs through blockchain.
member
Activity: 266
Merit: 32
"Blockchain is a technology that allows anyone to send anyone else a piece of information, currency or data in a secure, transparent and anonymous way,"

Bitcoin was actually created for the purpose of decentralized peer to peer payments.
legendary
Activity: 1218
Merit: 1006
What you are asking here is really unclear, please elaborate and if you just want to learn what is blockchain and how it is used in making bitcoin transactions than few search will help you. There are hundreds of guides out there to explain complete newbie like you, in simple words blockchain is like backbone or skeleton of bitcoin network and blockchain technology can be used in different other sectors so its not all about anonymous payment system.
newbie
Activity: 322
Merit: 0
What is the use of all the blockchain in different countries of the world depends on Bitcoin? Except for Bitcoin, it is difficult or impossible to succeed in the blockchain.

We found that most of the blockchains were accepted by Bitcoin.
Expect your exact reasoning.
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