01/04/2025
Here’s a simple breakdown of the difference between Crypto and Blockchain:
1. Blockchain = The Technology
Think of blockchain as the foundation or infrastructure.
It’s a digital ledger (like a database) that records transactions across many computers in a way that’s secure, transparent, and can’t be easily changed.
It’s decentralized, meaning no single person or company controls it.
Example: Imagine a notebook that’s shared by thousands of people. Everyone can see what’s written, and once something is added, it can’t be erased.
2. Crypto = The Currency (Built on Blockchain)
Cryptocurrency is a type of digital money that runs on blockchain technology.
It uses cryptography for security and is often decentralized, meaning it’s not controlled by a government or bank.
Examples include Bitcoin, Ethereum, Solana, etc.
In short:
Blockchain is the tech.
Crypto is the money or asset built on that tech.
You can have blockchain without crypto (like in supply chain tracking), but you can’t have crypto without blockchain.
CRYPTO vs. Blockchain: The difference
Last week we posted about what is Crypto and Blockchain. Today I need you to know the difference. Read the comments for a beginner break down.
Let's take it back to the basics part 7
