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Produced by Sanli | Vernacular Blockchain (ID: hellobtc)
After introducing the blockchain to your parents , will they let you go? Anyway, my parents didn't, and then started to ask: What is the relationship between blockchain and currency speculation? Especially that Bitcoin, what is it?
This reminds me of the most impressive way of introduction when I first started in the blockchain industry: to understand the blockchain, you must first start with the big pie.
I looked dumbfounded, "Big pie? Is it the one I ate?" When I asked later, it was really these two words that I realized that it was the nickname for Bitcoin by people in the blockchain industry.
I have heard of Bitcoin several times before, and I always thought it was a game currency. I thought that blockchain is just blockchain. What does it have to do with coins? Today, let’s briefly talk about the relationship between blockchain and Bitcoin? What is the origin?
01 -bit chain block and credits
In October 2008, the word Bitcoin was first proposed . A person named Satoshi Nakamoto published an article "Bitcoin-A Peer-to-Peer Electronic Cash System". In January 2009, the first Bitcoin was born.
I have to explain that this is a kind of virtual currency, which is not sold in kind . I don't know it is easy to make jokes. For example, for a while, I wanted to know exactly what Bitcoin looks like, so I searched on Baidu and popped up a bunch of pictures. I always thought that such a golden coin was worth tens of thousands. I saw a colleague holding a picture. The coins inside were taking pictures, and my eyes were shining, but later I learned that Bitcoin has no physical objects. It was just a conceptual drawing of a commemorative coin.
After the birth of Bitcoin, it attracted the attention of some people. They found that Bitcoin is a good thing, especially its underlying technology. It is not only used for virtual currency, but also can be applied to many other fields. Later, people named the underlying technology of Bitcoin. For "blockchain".
02 Bitcoin and blockchain-noodles and flour
From a technical point of view, blockchain is the underlying technology of Bitcoin, and Bitcoin is the first application of blockchain.
Therefore, Bitcoin and blockchain are equivalent to the relationship between noodles and flour. We can use flour to make all kinds of pasta, such as noodles, bread, and pastries. Although the shape has changed, these are all made with flour.
Bitcoin is a virtual currency, and the blockchain is based on the underlying technology of Bitcoin . With the rise and fall of the prices of Bitcoin and other cryptocurrencies, opportunities for arbitrage have emerged, which has gradually attracted many people into the circle of "coin speculation" and "open trading platforms".
At the same time, blockchain technology is also constantly out of the circle, and many experts have high hopes of becoming the "next generation Internet". Coupled with the importance of blockchain technology in countries around the world, more and more people are beginning to join the "blockchain". The wave of entrepreneurship.
What do you think is the relationship between Bitcoin and blockchain? Welcome to share your views in the message area.
▎Past issues
What types of digital asset wallets are there? How to choose?
What is the consensus mechanism known as the "soul of the blockchain"?
This article is a reissue of an old article with slight adjustments to the
original link: Blockchain and the past and present of the "big pie"
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"Sound Description: This series is only for entry-block chain science learning, does not constitute any investment advice or recommendations. If there are any errors or omissions, please leave a message to point out. 』
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