Being new to the digital currency world, I have read various articles about blockchain and bitcoin in order to understand How, When and Why it is created. Blockchain have been the backbone of bitcoin, meaning BTC exists through blockchain. Year after year blockchain developed to handle a more sophisticated activities digitally. Being decentralized it eliminates the infinite reproduction in the digital world and making it invulnerable to hackers. Blockchain technology is being tested by various non-profit organizations for the following purposes:
1. Helping two billion people that lacks bank accounts.
2. Making World Food Programmes growing cash-based transfer operations faster, cheaper and more secure.
3. Using blockchain to guarantee authenticity of texts, avoid censorship and combating fake news
Behind the development of blockchain still some minds remained unconvinced saying that technology have been promoted it intensively with unrealistic claims.
Considering such information what is your opinion on what is Blockchain to Bitcoin. Will bitcoin end, if blockchain end?. Feel free to express your opinion
1. Helping two billion people that lacks bank accounts.
2. Making World Food Programmes growing cash-based transfer operations faster, cheaper and more secure.
3. Using blockchain to guarantee authenticity of texts, avoid censorship and combating fake news
Behind the development of blockchain still some minds remained unconvinced saying that technology have been promoted it intensively with unrealistic claims.
Considering such information what is your opinion on what is Blockchain to Bitcoin. Will bitcoin end, if blockchain end?. Feel free to express your opinion
Blockchain is what what makes bitcoin decentralized and open to all, without the blockchain bitcoin cannot function