What are difference Crypto and blockchain?
- Blockchain is a decentralized, distributed digital ledger technology that records and stores transactions across multiple computers in a secure and transparent manner. It allows for the creation of a tamper-proof and transparent record of transactions, making it ideal for various applications, including finance, supply chain management, and more.
- Crypto, on the other hand, primarily refers to cryptocurrencies, which are digital or virtual currencies that use cryptography for security and operate on blockchain technology. Cryptocurrencies, like Bitcoin and Ethereum, enable secure peer-to-peer transactions without the need for intermediaries like banks.
- In summary, blockchain is the underlying technology that enables secure, decentralized, and transparent record-keeping, while crypto refers specifically to digital currencies that use blockchain technology for their operation.
