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❓ASK About blockchain and cryptocurrency

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amycc

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I want to know some information and knowledge about blockchain and cryptocurrency
 
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Crypto currencies are different coins use for online transactions while blockchain is company that is into managment of cryto currencies transactions in terms of security, monitoring and storage.
 
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Cryptocurrencies are digital currencies that you can trade online. Blockchain is the technology that these are based on which creates the network for exchanging these cryptocurrencies.
 
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Cryptocurrency is a Decentralized digital asset which works on the blockchain network. Bitcoin has a separate blockchain , and Tron has a separate blockchain. Every coin has a separate blockchain , not token.
 
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See crpyto currency as digital money that you can't see or feel but you can use for exchange and payment. Block chain is then the company that handle them.
 
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Brain said:
See crpyto currency as digital money that you can't see or feel but you can use for exchange and payment. Block chain is then the company that handle them.
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I wouldn't know if I am right , I once read online that there is bitcoin ATM available in the US, if this is truth it means we can use bitcoin for both online and offline transactions in countries where it is supported.
 
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Block chain is a company that manage cryptocurrencies. While cryptocurrencies are coins that can be invest in block chain. Cry pro currencies coins are such like bit coin, dot, dash, litecoin and so on.
 
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Cryptocurrency is digital coin use for transaction, but both of them work as online currency why blockcoin is a company technology use to exchange and payment,
 
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Felixko said:
Block chain is a company that manage cryptocurrencies. While cryptocurrencies are coins that can be invest in block chain. Cry pro currencies coins are such like bit coin, dot, dash, litecoin and so on.
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Blockchain isn't a company , it is a network in which cryptocurrencies like bitcoin, dot, dash, litecoin or any other coins run. Blockchain is a wide technology, which is also used in other areas for storing the financial records or the data.
 
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Jazzredwing said:
Cryptocurrencies are digital currencies that you can trade online. Blockchain is the technology that these are based on which creates the network for exchanging these cryptocurrencies.
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Cryptocurrencies are digital currencies that we can and also invest in and this is mostly done online. One good thing about cryptocurrency is that it can be done or invested in by anybody no matter how much money you have
 
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You cannot separate Blockchain from cryptocurrency. Blockchain is the network that sets cryptocurrency running. It ensures that the cryptocurrency coins are diversified and they are not really running in a centralized network like others..
 
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Certainly! Blockchain is a distributed ledger technology that records transactions across a network of computers. It's known for its security and transparency. Cryptocurrency is a digital or virtual form of currency that relies on blockchain technology for secure and decentralized transactions. Bitcoin is the first and most well-known cryptocurrency, but there are thousands of others, each with its unique features. Cryptocurrencies can be used for various purposes, from investment to online transactions. If you have specific questions or need more detailed information, feel free to ask!
 
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Blockchain and cryptocurrency are often mentioned in the same breath, but they are actually two separate things. Blockchain is the underlying technology that makes cryptocurrencies possible, but it has many other potential uses as well. Blockchain is a digital ledger that records transactions in a way that is secure, transparent, and tamper-proof. Cryptocurrencies are just one example of what can be built on top of a blockchain. Other potential applications include supply chain management, digital identities, and even voting systems. In short, blockchain is the technology, and cryptocurrencies are just one of its many applications.

Basically
Blockchain is Foundation
Cryptocurrency is the Building
 
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You should understand the impact of Blockchain and crypto currency , understanding the impact is that you will know what steps to take , understanding the impact is actually a big concern in crypto currency activities
 
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