Are cryptocurrency and blockchain the same thing?
Megha
Last Update 3 jaar geleden
Decentralized platforms that require a cryptocurrency can be enabled via blockchains. The blockchain is the distributed ledger technology that enables a network to maintain consensus. The network can track transactions and transfer value and information thanks to distributed consensus.
Cryptocurrencies are the tokens that are used to convey value pay for transactions within these networks and offer network incentives. Furthermore, you might think of them as a blockchain tool that can be used to serve as a resource or service or even to digitize asset ownership.