After discussing the topic of trust in blockchain, let’s explore together the difference between blockchain and bitcoin.
The first reference to blockchain is in the bitcoin source code. We can say that the first blockchain was created at the time bitcoin was created.
So what is the difference? Blockchain is one of the underlying bitcoin technologies. Sometimes it is erroneously believed that blockchain is the only technology behind bitcoin, but actually Bitcoin was created using a wide range of other cryptographic technologies, combined with blockchain.
Bitcoin is a digital currency, mainly used for payments. It represents one of the ways in which blockchain technology can be used: however, it is not the only possible development.
You can use blockchain in industries that work with digital identities, social networks, voting systems, cloud storage, etc..
Bitcoins, on the other hand, are only used as digital payments. As the most famous case of blockchain use, or certainly the one most discussed in the media, an understandable confusion has arisen.
The difference, at this point, should be clear to the reader: blockchain and bitcoin are like flour and pizza. Pizza is one of the many possible uses of flour, but it can also be used to make pasta, bread, etc…
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