Post
Topic
Board Bitcoin Discussion
Re: Bitcoin and Blockchain?
by
Ermalyn
on 12/06/2020, 19:49:44 UTC
Let's start with some quick definitions. Blockchain is the technology that enables the existence of cryptocurrency (among other things). Bitcoin is the name of the best-known cryptocurrency, the one for which blockchain technology was invented. A cryptocurrency is a medium of exchange, such as the US dollar, but is digital and uses encryption techniques to control the creation of monetary units and to verify the transfer of funds.