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Alex
@alexsobol
π What's the Difference Between Blockchain and Bitcoin? π Blockchain: 𧱠This is a digital ledger technology. It's a decentralized system where data is stored across many computers. Think of it as a secure, transparent record of transactions. π Bitcoin: π° This is a cryptocurrency that uses blockchain technology. It's a digital currency created and held electronically. Bitcoin is just one application of blockchain. π Why is this good for the market? Security: π Blockchain's decentralized nature makes it highly secure. Transparency: π Every transaction is recorded and visible to everyone. Innovation: π Understanding blockchain can lead to more advancements in various industries. Knowing the difference helps in grasping the broader potential of blockchain beyond Bitcoin! πβ¨
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