区块链是建立于比特币吗为什么,区块链是建立于比特币吗

Is the blockchain Bitcoin?

No, the blockchain is a decentralized distributed ledger and a technology; while Bitcoin is a virtual currency . The foundation or underlying technology of Bitcoin is the blockchain. The future development prospects of blockchain are great, and it will be applied in medical, copyright, financial and other industries

㈡ What is the relationship between blockchain and Bitcoin

Blockchain and Bitcoin What is the relationship between coins? Blockchain technology is the underlying technology of Bitcoin, and Bitcoin is the first application of blockchain. As mentioned earlier, Bitcoin transaction information is recorded in a decentralized ledger, which is the blockchain. If we compare the blockchain to a physical ledger, then each block is equivalent to a page in this ledger. A new page of ledger is generated every 10 minutes. Each page of the ledger records the 10 minutes of the Bitcoin network. transaction information. Each block is connected in chronological order based on cryptographic principles to form a chain structure, hence the name blockchain. Since the birth of the white paper "Bitcoin: A Peer-to-Peer Electronic Cash System", major financial institutions at home and abroad have rushed to study the underlying technology of Bitcoin, blockchain, and seek practical applications of blockchain technology.

㈢ What is the relationship between Bitcoin and blockchain?

In simple terms:

1. Bitcoin is a digital currency, and blockchain is a technology.

2. Blockchain is the underlying technology of Bitcoin, and Bitcoin is the first application of blockchain technology; as a state-supported and vigorously developed blockchain technology, it will be widely used in the future All walks of life.

3. Blockchain technology is not a new technology, but a new logic of thinking. It just rearranges and combines many previously unrelated algorithmic technologies.

4. Blockchain is a block connected to a block. Thousands of blocks form a chain. To connect the next block, you need to calculate the algorithm. The answer (mining), and the reward for mining is Bitcoin.

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㈣ Can you explain what blockchain is in a popular form?

Blockchain originated from Satoshi Nakamoto’s Bitcoin. As the underlying technology of Bitcoin, it is essentially A decentralized database. It refers to a technical solution that collectively maintains a reliable database through decentralization and trustlessness.
Blockchain technology is a technical solution that does not rely on third parties and uses its own distributed nodes to store, verify, transmit and communicate network data. Therefore, from the perspective of financial accounting, some people regard blockchain technology as a distributed, open and decentralized large-scale network ledger. Anyone can use the same technical standards to add their own information at any time, extending Blockchain continues to meet the data entry needs brought about by various needs.
In layman’s terms, blockchain technology refers to a way for all people to participate in accounting. There is a database behind all systems. You can think of the database asYes, it is a big ledger. Then who will keep this ledger becomes very important. Currently, whoever owns the system keeps the accounts. Tencent keeps the accounts of WeChat, and Alibaba keeps the accounts of Taobao. But now in the blockchain system, everyone in the system has the opportunity to participate in accounting. If there are any data changes within a certain period of time, everyone in the system can do accounting. The system will judge the person who has the fastest and best accounting during this period, write his recorded content into the ledger, and record this Within a period of time, the contents of the ledger are sent to all other people in the system for backup. In this way, everyone in the system has a complete ledger. In this way, we call it blockchain technology.
Blockchain technology is considered to be the most disruptive technological innovation since the invention of the Internet. It relies on ingenious distributed algorithms of cryptography and mathematics, and does not require the help of any third-party center on the Internet where trust cannot be established. Intervention can enable participants to reach a consensus and solve the problem of reliable transmission of trust and value at extremely low cost.
The Bitcoin peer-to-peer network stores all transaction history in the "blockchain". The blockchain continues to lengthen, and once new blocks are added to the blockchain, they cannot be removed. The blockchain is actually a group of decentralized user-side nodes and a distributed database composed of all participants. It is a record of all Bitcoin transaction history. After Bitcoin transaction data is packaged into a "data block" or "block", the transaction is initially confirmed. When a block is linked to the previous block, the transaction will be further confirmed. After 6 consecutive block confirmations, the transaction is basically confirmed irreversibly.
The blockchain is public on the Internet and can be queried in every offline Bitcoin wallet data. Lightweight Bitcoin wallets use online confirmations, which means no blockchain data is downloaded to device storage.
Digital currency is easily regarded as a new currency by traditional financial institutions, but in fact the significance and value of its underlying technology is far greater than its monetary attributes. Take Bitcoin as an example. Generally speaking, it is regarded as a peer-to-peer digital currency, but from a technical perspective, it is actually a peer-to-peer decentralized network platform. Such a network platform relies on the regional Blockchain technology. Digital currency is a global peer-to-peer network platform built on blockchain technology. The application of blockchain in the field of digital currency, represented by Bitcoin, is also called Blockchain 1.0[1].

㈤ What is the relationship between blockchain and Bitcoin?

Blockchain technology is the basic technology of Bitcoin and the core and infrastructure of Bitcoin. Bitcoin has always been operated and managed without any centralized organization. Later, Bitcoin technology was abstracted and called blockchain technology, or distributed ledger technology.

(5) Is the blockchain built on Bitcoin? Extended reading:

Apply to digital Disadvantages of blockchain technology for currencies:

First, "decentralization" does not have a circulation management agency. In essence, blockchain technology is a distributed database system, its logical structure is a one-way linked list, and its design model is based on P2P network, which determines that there is currently no unified virtual currency central control system based on blockchain technology. .

Second, quantity supply is difficult to effectively control. Based on blockchain technology, the issuance amount of virtual currency is fixed. According to the Fisher equation, at a certain price level, the total transaction volume of the whole society in a certain period has a certain ratio to the required nominal amount of money, and a fixed amount of money obviously cannot meet the requirements of the ever-increasing total price of social commodities.

Third, it is difficult for the “mining mechanism” to create recognized value. Bitcoin itself has no value and is not backed by national credit. Some people think that "value is injected into virtual currency by continuously consuming computing power and energy", but in order to find a hash value that meets the requirements, spending millions of calculations is obviously not the most efficient option.

Fourth, producers and early holders can easily obtain high seigniorage taxes. Any virtual currency based on blockchain technology will be held by a small number of people in the early stages of development. Take Bitcoin for example. At first, Bitcoin was just a product of a few people's game. In May 2010, the first transaction to buy Bitcoin was a $25 pizza purchased for 10,000 Bitcoins, and the first transaction completed in July of the same year was $0.04/Bitcoin.

㈥ What is the relationship between blockchain technology and Bitcoin?

Blockchain technology is the underlying technology of Bitcoin. Bitcoin has always been operated and managed without any centralized organization. Later, Bitcoin technology was abstracted and called blockchain technology, or distributed ledger technology.

Bitcoin is the first application of blockchain and will be expanded to more and more industries in the future.

Blockchain technology is called distributed ledger technology. It is an Internet database technology that is characterized by decentralization, openness and transparency, allowing everyone to participate in database records.

While Bitcoin is not issued by a specific monetary institution, the Bitcoin economy uses a distributed database composed of many nodes in the entire P2P network to confirm and record all transaction behaviors, and uses cryptographic design to ensure A currency that provides security in all aspects of currency circulation.

(6) Is the blockchain based on Bitcoin? Extended reading:

Bitcoin currency characteristics:

Decentralization ization: Bitcoin is the first distributed virtual currency. The entire network is composed of users and there is no central bank. Decentralization is the guarantee of Bitcoin’s security and freedom.

Worldwide circulation: Bitcoin can be managed on any computer connected to the Internet. Anyone can mine, buy, sell or receive Bitcoin regardless of location.

Exclusive ownership: Manipulating Bitcoin requires a private key, which can be isolated and stored on any storage medium. No one can obtain it except the user himself.

Low transaction fees:It’s free to send Bitcoin, but there will ultimately be a transaction fee of around 1 bit cent per transaction to ensure transactions are executed faster.

No hidden costs: As a means of payment from A to B, Bitcoin has no cumbersome limits and procedures. You can make the payment by knowing the other party's Bitcoin address.

Cross-platform mining: Users can explore the computing capabilities of different hardware on many platforms.

Reference: Network-Blockchain Network-Bitcoin

㈦ Is Bitcoin a type of blockchain?

Bitcoin is based on blocks The decentralized digital currency of blockchain technology is also the first application of blockchain technology. At present, Bitcoin has been developed for more than 10 years. The decentralized network is very robust and has a deep consensus foundation. It is a very successful application in blockchain technical schools.

What is the relationship between blockchain and Bitcoin?

Blockchain technology is the basic technology of Bitcoin and the core and infrastructure of Bitcoin. Bitcoin has always been operated and managed without any centralized organization. Later, Bitcoin technology was abstracted and called blockchain technology, or distributed ledger technology.

(1) Blockchain is the core and infrastructure of Bitcoin:

1. In the Bitcoin system , "currency" is simply the unit of account used in that ledger. The most important thing is not the concept of "currency", but the concept of "ledger" without a central storage organization. For example: I lend 50 yuan to someone else. At this time, I asked the financial staff to help me keep accounts.

2. Blockchain technology is the basic technology of Bitcoin and the core and infrastructure of Bitcoin. Bitcoin has always been operated and managed without any centralized organization. Later, Bitcoin technology was abstracted and called blockchain technology, or distributed ledger technology.

(2) Blockchain is the core and infrastructure of Bitcoin:

1. In the Bitcoin system, “currency” is just the accounting used in the ledger. unit. The most important thing is not the concept of "currency", but the concept of "ledger" without a central storage organization. For example: I lend 50 yuan to someone else. At this time, I asked the financial staff to help me keep accounts. Bookkeeping must be paid, so I need to pay the financial staff.

Because an incentive mechanism has also been invented in the Bitcoin system technology, which is equivalent to what I just said, you can help me keep accounts and I will pay you, but not everyone has accounting rewards. Therefore, the blockchain has designed a corresponding mechanism competition mechanism.

2. The competition mechanism uses a hash algorithm to determine the ownership of rewards. Generally speaking, everyone is given a math problem. The reward is for whoever calculates the result first. The calculation process of the hash algorithm is a process in which a professional computer (we call it a miner) uses the hash algorithm to calculate the results, which is called mining.

For the fastest and best bookkeepers, the system writes the recorded contents into the account books and sends the account book contents to everyone in the system for backup. so, everyone in the system has a complete ledger called blockchain technology.

(3) The origin of blockchain:

1. The origin of the word "blockchain" is from the original English version of the Bitcoin white paper "Blockchain". When translating this sentence, the Chinese market directly used the word "blockchain" and then directly wrote it as "blockchain", which became a proper noun at the global blockchain technology level.

So, no matter who explains the blockchain, Bitcoin cannot be bypassed. If you want to introduce the history of cars, just like you can't avoid Carl Benz; if you want to introduce the history of airplanes, just like the Wright brothers.

2. Bitcoin "invented" and proved the feasibility of blockchain technology. Bitcoin is not the entire blockchain technology, just one of its applications. But without Bitcoin, or if Bitcoin's applications were not successful, blockchain might not have emerged, or at least not for many years. Therefore, it is difficult for the blockchain to be "isolated" from Bitcoin for a long time.

(8) Is the blockchain built on Bitcoin? Extended reading:

Blocks applied to digital currencies Disadvantages of chain technology:

First, "decentralization" does not have a circulation management agency. In essence, blockchain technology is a distributed database system, its logical structure is a one-way linked list, and its design model is based on P2P network, which determines that there is currently no unified virtual currency central control system based on blockchain technology. .

Second, quantity supply is difficult to effectively control. Based on blockchain technology, the issuance amount of virtual currency is fixed. According to the Fisher equation, at a certain price level, the total transaction volume of the whole society in a certain period has a certain ratio to the required nominal amount of money, and a fixed amount of money obviously cannot meet the requirements of the ever-increasing total price of social commodities.

Third, it is difficult for the “mining mechanism” to create recognized value. Bitcoin itself has no value and is not backed by national credit. Some people think that "value is injected into virtual currency by continuously consuming computing power and energy", but in order to find a hash value that meets the requirements, spending millions of calculations is obviously not the most efficient option.

Fourth, producers and early holders can easily obtain high seigniorage taxes. Any virtual currency based on blockchain technology will be held by a small number of people in the early stages of development. Take Bitcoin for example. At first, Bitcoin was just a product of a few people's game. In May 2010, the first transaction to buy Bitcoin was a $25 pizza purchased for 10,000 Bitcoins, and the first transaction completed in July of the same year was $0.04/Bitcoin.

㈨ What is the popular explanation of blockchain? Did blockchain originate from Bitcoin?

1. Blockchain is a term in the field of information technology. In essence, it is a shared database, and the data or information stored in it has the characteristics of "unforgeable", "full traces left", "traceable", "open and transparent" and "collectively maintained". Based on these characteristics, blockchain technology has laid a solid foundation of "trust"It has created a reliable "cooperation" mechanism and has broad application prospects.

2. Blockchain originated from Bitcoin. On November 1, 2008, a person calling himself Satoshi Nakamoto published "Bitcoin: A Peer-to-Peer Electronic Cash System" "The article explains the architectural concept of an electronic cash system based on P2P network technology, encryption technology, timestamp technology, blockchain technology, etc., which marks the birth of Bitcoin. Two months later, the theory came into practice, and on January 3, 2009, the first genesis block with serial number 0 was born.