Bitcoin is equal to block chain? Maybe your cognition is wrong

In the face of bitcoin price change radically, bitcoin trading platform must not mislead the public opinion and the reign of terror, public awareness, and the bitcoin blockchain technology confused.

Bitcoin uses block chain technology, but bitcoin is not a block chain.

According to media reports, South Korea has announced that from January 30th, all anonymous accounts, foreigners and minors without Korean bank accounts are prohibited from participating in bitcoin transactions on exchanges. Since then, bitcoin prices plummeted from nearly 20 thousand in recently, fell to $11 thousand in mid December 2017 to below $. But especially in Southeast Asia, many people still believe that the technology of block chain supporting bitcoin is suitable for promoting all transactions from bank remittance to voter lists and health care records.

It is worth noting that in the block chain, a lot of people naturally think of bitcoin, as if bitcoin is block chain, block chain is bitcoin. While bitcoin has been affected by various factors, the price has been rising and falling. Therefore, many people are worried about the prospect of block chain technology. They think it will be difficult to be accepted and recognized like bitcoin, and even appear policy restrictions.

As a matter of fact, bitcoin is only one of the block chain technology, or a very small aspect. Bitcoin can be used by investors to hype, and the phenomenon of price ups and downs is very important. One important reason is that the technology of block chain is used as a tool for speculation rather than bitcoin itself. It is because bitcoin is a block chain technology, and block chain technology is more and more various countries and various economic organizations, various technical departments and administrative departments concerned, and some countries have established research block chain technology specialized agencies, to facilitate the use of block chain technology in more areas. Therefore, some investors even more is the use of block chain speculation bitcoin constantly, and then let a lot of people who mistake when bitcoin block chain, or intended to confuse with bitcoin blockchain, ignore the block chain is bitcoin maternal identity, caused by the block chain technology cognitive misunderstanding.

In fact, compared with bitcoin, the scope of block chain is not very large. Bitcoin is only one of block chain technology, and it utilizes the technology of block chain technology to support virtual currency. If there is no block chain technology, bitcoin does not have the basis and value of existence. On the other hand, with block chain technology as a support, bitcoin is likely to become a legitimate currency on a certain day. The key is that because the technology of block chain is too deep, it can extend the scope and content too much. Most people can't have a deeper understanding of block chain technology. Bitcoin investors are making use of the "block" of block chain technology, which has made a lot of speculation about bitcoin, and eventually let many people mix bitcoin with block chain. So when we talk about block chain, we always blame the problem of bitcoin on block chain, so we should get the conclusion that block chain technology should also be limited.

Perhaps, from a technical point of view, because of the block chain is to prevent the books, data is modified, risks, and on the books, the data for further classification, effectively extend the data record list of books, and designed a kind of technology, also known as the block, there is no doubt that a higher technological content, technology and more to learn master. In general, it is difficult to master block chain technology if there is not enough knowledge reserve. Even simple operation, there can be a lot of problems. It is also because of its higher technical content and a wider range of use. Therefore, if a reasonable use of block chain technology, a considerable part of the work can be very important to help. Bitcoin can be stir fried, using the content of science and technology to some extent with the block chain technology and block chain technology is widely concerned.

It is reported that Singapore's monetary authorities have launched research work block chain technology widely, organized special forces to study the blockchain technology, especially the technology of block chain transaction security, risk prevention, anti fraud, corruption prevention, including research personnel information registration and other aspects, and strive to be able to use in these areas as soon as possible and, to ensure that no new risks, the emergence of new problems.

In the course of research, countries also found that block chain technology was artificially tied up with bitcoin, and even deliberately misled the public to mix bitcoin with block chain, so the problem exposed in the process of bitcoin speculation was also attributed to block chain. Therefore, during the research process of block chain technology, we must distinguish the problems and situations between block chains and trading platforms, so we must not mix them up so as to avoid misunderstanding of block chain technology.

It should be noted that because block chain technology has strong computer operation ability, and has a deep understanding of block chain technology, it can not be easy to apply and popularize in large scale. That is to say, the function of the block chain is many, the application is very wide, and it is really necessary to promote the use of the chain. It may also need to do a lot of good preparation. Under the condition that the technical conditions are not available, it can not be popularized blindly. Otherwise, it will be counterproductive.

Because of this, in the face of bitcoin price change radically, bitcoin trading platform under the condition of not cut the reign of terror, misleading the public opinion and public perception, the bitcoin block chain technology and confused. Bitcoin uses block chain technology, but bitcoin is not a block chain. The real block chain technology is much more abundant than special currency, wide range of functions and wide use. Therefore, it is also considered to be a technology used in the 21 world from twenty-second Century. It is a truly representative frontier technology.