Post
Topic
Board Bitcoin Discussion
Re: Bitcoin comes first and blockchain comes later
by
RainbowKun
on 23/07/2021, 03:07:17 UTC
Now that I write this topic, I just want to emphasize this point: Bitcoin was born first, and then blockchain technology. Rather than the first-born blockchain technology, the second-born Bitcoin.

Practically it's not possible! A product can born earlier than its underlying technology. That's the reality! However if you say that the concept of bitcoin was formed first and then Satoshi formulated the concept of blockchain, that may be a possibility. But when the actual product (bitcoin) is build and published, the underlying technology (blockchain in this case) mush have been built before the actual product. It can't be the other way around because technically it is not possible to build bitcoin earlier than blockchain. Can only happen during the conceptualization period, not during implementation!

Now that I write this topic, I just want to emphasize this point: Bitcoin was born first, and then blockchain technology. Rather than the first-born blockchain technology, the second-born Bitcoin.

Practically it's not possible! A product can born earlier than its underlying technology. That's the reality! However if you say that the concept of bitcoin was formed first and then Satoshi formulated the concept of blockchain, that may be a possibility. But when the actual product (bitcoin) is build and published, the underlying technology (blockchain in this case) mush have been built before the actual product. It can't be the other way around because technically it is not possible to build bitcoin earlier than blockchain. Can only happen during the conceptualization period, not during implementation!

Logical thinking! I always point out that Bitcoin is created on Blockchain technology when I explain it to some people, so it's why this topic and the OP point of view is a bit confusing for me... simply Bitcoin is built on something, and that something is Blockchain... so it must come first!

I guess that only Satoshi can answer this question... what was the first thing that felt on his mind, Bitcoin as Bitcoin, or technology that can be described as a data structure that holds transactional records while ensuring security, transparency, and decentralization in the same time! We can try to guess what it was, but if we follow the logic it would be Blockchain first, and later Bitcoin... after all that, we have many others that used the same technology to create something different!


What I want to express here is that when Satoshi Nakamoto created the Bitcoin network, there was no concept of blockchain. What he built is the operating network of Bitcoin and called it "A Peer-to-Peer Electronic Cash System." So Bitcoin itself belongs to a system. Three or five years after the birth of Bitcoin, technical personnel in the existing society discovered the power and indestructibility of the Bitcoin network. Countless hackers have tried to steal Bitcoin to no avail. The underlying technology of Bitcoin has been verified. Later, on the technology of the underlying technology of Bitcoin, the scientific and technical personnel summarized a brand new technology, named it the blockchain, and then step by step we have the now prosperous crypto world.