Getting Started Series 06 -The relationship between blockchain and Bitcoin?steemCreated with Sketch.

in CryptoDog5 years ago

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Bitcoin is the first and largest application of blockchain. Blockchain is the underlying technology of Bitcoin. The birth of blockchain cannot be separated from Bitcoin. It can be said that without Bitcoin, there would be no blockchain. . In other words, Bitcoin has the advantages of blockchain.

Because the essence of the transaction is to "add the amount reduced in account A to account B". If people have a public account book that records all the transactions of all accounts so far, then for any account, people can calculate the amount of money it currently has. Bitcoin transaction information is recorded in a decentralized ledger, and the blockchain is precisely the ledger used to achieve this purpose, and it saves all transaction records.

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In the Bitcoin system, a Bitcoin address is equivalent to an account, and the amount of Bitcoin is equivalent to an amount.

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