Bitcoin Vs Blockchain

by SMEBOOK (admin) ยท October 16, 2020

Blockchain is the primary technology behind the existence of Bitcoin. In other words, Bitcoin or other cryptocurrencies are a one of the applications of Blockchain Technology. A few other differences between Bitcoin and Blockchain can be stated as:

  1. While Blockchain involves much more than transacting currency like transfer of information and data, property ownership rights etc. Bitcoin is restricted to only currency related transactions.
  2. Blockchain technology is strictly build to promote transparency. Bitcoin is less rigid in terms of transparency.
  3. Blockchain has a wider scope. Bitcoin is a byproduct of Blockchain technology.
Bitcoin Vs Blockchain

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