Blockchain VS Cryptocurrency

Blockchain VS Cryptocurrency

Blockchain and cryptocurrency are often mentioned in the same breath but are two distinct concepts.


Blockchain is a decentralized digital ledger that records transactions across a computer network. It is a distributed database maintained by a network of users rather than a central authority.?


Each block in the chain contains a record of multiple transactions, and once a block is added to the chain, the information it has cannot be altered. This creates a secure and transparent record of all transactions on the network.


On the other hand, cryptocurrency is a digital or virtual currency that uses cryptography for security.?


It is built on top of blockchain technology and is decentralized, meaning that any government or financial institution does not control it.?


Bitcoin, the first and most well-known cryptocurrency, was created in 2009. Since then, thousands of other cryptocurrencies have been made, each with unique features and use cases.


In summary, Blockchain is the technology that enables the creation of a decentralized digital ledger, while cryptocurrency is a digital or virtual currency that uses blockchain technology.?


While Blockchain and cryptocurrency are closely related, they are not similar.


Share your opinion?on working with Blockchain.

Leave a comment or message me,?and I’ll be glad to help.

You can also?follow me?on?Medium.


All the best,

Luis Soares


Head of Engineering | Solutions Architect | Blockchain & Fintech SME | Data & Artificial Intelligence Researcher. 20+ years of experience in technology.


#blockchain?#defi?#decentralization?#technology?#web3

要查看或添加评论,请登录

Luis Soares的更多文章

  • Dynamic Linking and Memory Relocations in?Rust

    Dynamic Linking and Memory Relocations in?Rust

    When you compile source code into object files (such as files), the compiler generates machine code along with metadata…

  • Building an Error Correction System in?Rust

    Building an Error Correction System in?Rust

    Error correction is a key component of communication and data storage systems. Techniques like Reed-Solomon error…

  • Free Rust eBook – My Gift to You + New Blog

    Free Rust eBook – My Gift to You + New Blog

    ?? Thank You for 10,000 Followers! ?? I’m incredibly grateful to have reached this milestone of 10,000 followers here…

    8 条评论
  • Rust Lifetimes Made?Simple

    Rust Lifetimes Made?Simple

    ?? Rust lifetimes are one of the language’s most powerful and intimidating features. They exist to ensure that…

    5 条评论
  • Zero-Knowledge Proof First Steps - New Video!

    Zero-Knowledge Proof First Steps - New Video!

    In today’s video, we’re diving straight into hands-on ZK proofs for Blockchain transactions! ??? Whether you’re new to…

    1 条评论
  • Your Next Big Leap Starts Here

    Your Next Big Leap Starts Here

    A mentor is often the difference between good and great. Many of the world’s most successful personalities and industry…

    8 条评论
  • Building a VM with Native ZK Proof Generation in?Rust

    Building a VM with Native ZK Proof Generation in?Rust

    In this article we will build a cryptographic virtual machine (VM) in Rust, inspired by the TinyRAM model, using a…

    1 条评论
  • Understanding Pinning in?Rust

    Understanding Pinning in?Rust

    Pinning in Rust is an essential concept for scenarios where certain values in memory must remain in a fixed location…

    10 条评论
  • Inline Assembly in?Rust

    Inline Assembly in?Rust

    Inline assembly in Rust, specifically with the macro, allows developers to insert assembly language instructions…

    1 条评论
  • Building a Threshold Cryptography Library in?Rust

    Building a Threshold Cryptography Library in?Rust

    Threshold cryptography allows secure splitting of a secret into multiple pieces, called “shares.” Using a technique…

    2 条评论

社区洞察

其他会员也浏览了