Are bitcoin and blockchain the same thing?
Abeer
Last Update 3 jaar geleden
The most well-known cryptocurrency is Bitcoin. Over 4,000 altcoins (alternative variations of Bitcoin or other cryptocurrencies) are now in circulation, a decade after Bitcoin's inception. Bitcoins have no central bank or single administrator, thus they can be sent from user to user on the peer-to-peer bitcoin network without the involvement of intermediaries.
On the other hand, Blockchain technology is a sort of distributed ledger. It enables the efficient and permanent recording of transactions between two parties. Blockchain has come to be known as the underlying technology that allows cryptocurrency to exist. However, blockchain technologies can be utilized for a multitude of purposes, including bitcoin and altcoins.