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Topic: when someone say blockhain technology do they mean blockhain bbiitcoin? (Read 888 times)

legendary
Activity: 3248
Merit: 1070
you need to separate the two, the blockchain is the circuit on which bitcoin work but other possibilities may work, pretty much like circuit of visa or mastercard
legendary
Activity: 1946
Merit: 1137
using blockhain means bitcoin price will rise?

i want to say "No" because when they say we are using blockchain they mean we are just using the technology and we will create an "ALTCOIN" so it has nothing to do with bitcoin.

but at the same time this might bring some popularity to bitcoin because a big company is talking about bitcoin anyways, but i doubt if it is that effective to be noticeable.
newbie
Activity: 8
Merit: 0
Partial quote form Bitcoin.org vocabulary webpage:

"Bitcoin

Bitcoin - with capitalization, is used when describing the concept of Bitcoin, or the entire network itself. e.g. "I was learning about the Bitcoin protocol today."
bitcoin - without capitalization, is used to describe bitcoins as a unit of account. e.g. "I sent ten bitcoins today."; it is also often abbreviated BTC or XBT.
Block

A block is a record in the block chain that contains and confirms many waiting transactions. Roughly every 10 minutes, on average, a new block including transactions is appended to the block chain through mining.
Block Chain

The block chain is a public record of Bitcoin transactions in chronological order. The block chain is shared between all Bitcoin users. It is used to verify the permanence of Bitcoin transactions and to prevent double spending."
sr. member
Activity: 308
Merit: 250
The mind is everything. What you think you become.
using blockhain means bitcoin price will rise?
No,its will not make bitcoin price rise,some companies try to adopt blockchain technology,and its not related with bitcoin,they use ony the technology and cencept.
full member
Activity: 179
Merit: 100
using blockhain means bitcoin price will rise?
legendary
Activity: 1904
Merit: 1074
Bitcoin is just a token that reflects the currency on the Blockchain. You get a public Blockchain and you get a private Blockchain. The public Blockchain is permissionless, like Bitcoin and

accessible to everyone and then you get a cheap imitation or a copy cat version .... private ledgers based on the original idea, but it is permissioned. Bitcoin has had a bit of a shady past, with MtGox

and Silkroad and now these fancy upmarket white collar elite wants to distance themselves from that past and just acknowledge the Blockchain technology on which Bitcoin is built. It is actually very

funny for the people who knows the difference...  Grin Grin Grin Grin {We {Bitcoin} are the Black sheep in the family.   
sr. member
Activity: 294
Merit: 250
j
they not mean to bitcoin,its only take blockchain technology to applicate any goverment and companies need,they see any benefit to use blockchain technology to create transparancy.
legendary
Activity: 2674
Merit: 2965
Terminated.
so if they are only for blockhain it means bitcoin can go dead.?
Regardless of what they focus on, there is always a chance that Bitcoin will die.

one quick qustion can bblockhain be used without bitcoin?
Obviously. Pretty much all altcoins have their own blockchains.

two companies now using blockhain bank aswell and beta banks.
red hat, IBM
Depends. If they are using a centralized/distributed system, I'd disagree with that definition of a blockchain.
full member
Activity: 179
Merit: 100
so if they are only for blockhain it means bitcoin can go dead.?

one quick qustion can bblockhain be used without bitcoin?

two companies now using blockhain bank aswell and beta banks.

red hat, IBM
full member
Activity: 179
Merit: 100
true most companis  bank dont say bitcoin and only blockhain word.
legendary
Activity: 1526
Merit: 1001
Something that is public and that can be accessed by everyone on when where the transaction made, they refer to bitcoin but not completely, only the concept.
legendary
Activity: 2646
Merit: 1106
DGbet.fun - Crypto Sportsbook
No not necessarily, they just use the technology, nothing to do with the bitcoin though
Yeah some banks have some interest on blockchain technology but avoid bitcoin as it is a thread for the banks.
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
member
Activity: 75
Merit: 10
No not necessarily, they just use the technology, nothing to do with the bitcoin though
legendary
Activity: 1120
Merit: 1000
Banks and some economic organization only interested on technology behind bitcoin yeah the blockchain, they won't use bitcoin word for any reason althought bitcoin and blockchain are connected, nowdays so many company out there are developed this technology, disney is the one of them
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
Nope. They want to like the technology behind it and have nothing to do with Bitcoin itself. It's a fun code.
legendary
Activity: 1414
Merit: 1002
= jasad =
j
blockchain is a part of bitcoin technology,i said blockchain the first bitcoin provider,and not just bitcoin that provide in bitcoin transaction,but all people talk about blockchain technology,they not talk about bitcoin,and its different between bitcoin and blockchain,even blockchain can't free from bitcoin.
legendary
Activity: 2282
Merit: 1023
Most bankers or politicians try to avoid using the word "bitcoin" as it really threatening their positions. However, using the word "blockchain" makes them techno-savvy...

Although bitcoin does equal to blockchain, I think bitcoin is a perfect example of decentralised blockchain implementation.
hero member
Activity: 840
Merit: 1000
blockchain = the public ledger holding all bitcoin transactions ever made... So if somebody is saying "blockchain technology", they mean: the technology for creating a public ledger...
full member
Activity: 179
Merit: 100
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