What is the primary difference between cryptocurrency and a blockchain?

A cryptocurrency is a form of digital money.


, Ether, Litecoin and Tether are examples. Cryptocurrency units are called coins or tokens. A blockchain is a peer-to-peer distributed database that has strict rules for aggregating data.

Learn about the different types of digital assets, including blockchain-based digital assets, cryptocurrencies and NFTs and what they mean for businesses. However, blockchain technology has the potential to create a radically different competitive future for the financial services industry. Bitcoin blockchain for companies blockchain vs bitcoin cryptocurrency everledger IBM Blockchain Matt Lucas transaction book. There is an ongoing discussion about whether there is value in a shared ledger without tokens, which is essentially a blockchain without cryptocurrencies.

Along with the original Bitcoin, Bitcoin Cash, Bitcoin Gold and Bitcoin SV exist as their own cryptocurrency. Blockchain is the technology that underpins the Bitcoin cryptocurrency, but Bitcoin isn't the only version of a distributed blockchain registry system on the market. There are several other cryptocurrencies with their own blockchain architectures and distributed ledgers. Also known as “cryptocurrency”, it was launched with the intention of bypassing government exchange controls and simplifying online transactions by eliminating third-party payment processing intermediaries.

Gertrude Majera
Gertrude Majera

Freelance web aficionado. Subtly charming zombie junkie. Typical coffee maven. Wannabe travel aficionado. Hardcore music lover. Passionate pop culture aficionado.

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