{"id":3071,"date":"2025-05-20T04:34:06","date_gmt":"2025-05-20T04:34:06","guid":{"rendered":"https:\/\/tat.capital\/?p=3071"},"modified":"2025-07-15T01:33:34","modified_gmt":"2025-07-15T01:33:34","slug":"demystifying-the-relationship-between-bitcoin-and-blockchain","status":"publish","type":"post","link":"https:\/\/tat.capital\/?p=3071","title":{"rendered":"Demystifying the Relationship Between Bitcoin and Blockchain"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"3071\" class=\"elementor elementor-3071\">\n\t\t\t\t<div class=\"elementor-element elementor-element-40d0325 e-flex e-con-boxed e-con e-parent\" data-id=\"40d0325\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5f6658b elementor-widget elementor-widget-heading\" data-id=\"5f6658b\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Demystifying the Relationship Between Bitcoin and Blockchain<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-15ab02a hfe-post-info-layout-inline elementor-widget elementor-widget-post-info-widget\" data-id=\"15ab02a\" data-element_type=\"widget\" data-widget_type=\"post-info-widget.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul class=\"hfe-post-info-inline hfe-post-info-items hfe-post-info\">\n\t\t\t\t\t<li class=\"hfe-post-info-item elementor-repeater-item-46e35d3 hfe-post-info-inline-item\" itemprop=\"datePublished\"> \n\t\t\t\t\t\t\t<a href=\"https:\/\/tat.capital\/?m=20250520\">\n\t\t\t\n\t\t\t\t\t<span class=\"hfe-post-info-text hfe-post-info__item hfe-post-info__item--type-date\">\n\t\t\t\n\t\t\t\t\t\t\tMay 20, 2025\t\t\t\t\t<\/span>\n\t\t\n\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/li>\n\t\t\t\t<li class=\"hfe-post-info-item elementor-repeater-item-ec85392 hfe-post-info-inline-item\"> \n\t\t\t\n\t\t\t\t\t<span class=\"hfe-post-info-text hfe-post-info__item hfe-post-info__item--type-time\">\n\t\t\t\n\t\t\t\t\t\t\t4:34 am\t\t\t\t\t<\/span>\n\t\t\n\t\t\t\t\t<\/li>\n\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-df10b93 elementor-widget elementor-widget-heading\" data-id=\"df10b93\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Guest Post: By Adrian Przelozny | CEO | Independent Reserve <\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3c877d9 elementor-widget elementor-widget-text-editor\" data-id=\"3c877d9\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p style=\"margin-bottom: 15px; color: #888888; font-size: 16px; font-style: normal; font-weight: 400;\"><span style=\"margin: 0px; padding: 0px; font-weight: 600;\">Introduction<\/span><\/p><p style=\"margin-bottom: 15px; color: #888888; font-size: 16px; font-style: normal; font-weight: 400;\">Bitcoin and blockchain technologies have received a lot of press coverage in recent times, and it is important to understand the relationship and differences between the two.<\/p><p style=\"margin-bottom: 15px; color: #888888; font-size: 16px; font-style: normal; font-weight: 400;\">In this article, we aim to explain and demystify some of the key concepts underpinning these technologies.\u00a0<\/p><p style=\"margin-bottom: 15px; color: #888888; font-size: 16px; font-style: normal; font-weight: 400;\"><span style=\"margin: 0px; padding: 0px; font-weight: 600;\">Bitcoin<\/span>\u00a0is a Digital Currency and a peer-to-peer payment network. Transactions are verified by nodes on the network, and stored on a global, public ledger called the\u00a0<span style=\"margin: 0px; padding: 0px; font-weight: 600;\">blockchain<\/span>.\u00a0<\/p><p style=\"margin-bottom: 15px; color: #888888; font-size: 16px; font-style: normal; font-weight: 400;\">A bitcoin refers to a unit of account on the blockchain. It is a digital currency created and held electronically, that is produced by people running specialised computers all around the world. This creation process is referred to as \u2018<span style=\"margin: 0px; padding: 0px; font-weight: 600;\">mining<\/span>\u2019 and consists of using computing power in the distributed network to solve mathematical problems. The mining process is very computationally intensive, and it is what provides security for all the transactions on the Bitcoin network.<\/p><p style=\"margin-bottom: 15px; color: #888888; font-size: 16px; font-style: normal; font-weight: 400;\">Bitcoin is decentralized and completely transparent, thanks to the Bitcoin blockchain, which stores details of every single transaction that has ever occurred on the network. There are many free websites available online, where anyone can inspect and view any transaction which has ever taken place on the Bitcoin network.<\/p><p style=\"margin-bottom: 15px; color: #888888; font-size: 16px; font-style: normal; font-weight: 400;\">Bitcoin was created in 2009, by a pseudonymous programmer (or group of programmers) known as\u00a0<span style=\"margin: 0px; padding: 0px; font-weight: 600;\">Satoshi<\/span>\u00a0<span style=\"margin: 0px; padding: 0px; font-weight: 600;\">Nakamoto<\/span>. Satoshi\u2019s true identity has never been verified. However, as Bitcoin was released to the world as \u2018open source\u2019, it is possible for any skilled programmer to work and contribute to Bitcoin. Currently there are hundreds of programmers around the world collaborating with each other to further improve and enhance the capabilities of Bitcoin.<\/p><p style=\"margin-bottom: 0px; color: #888888; font-size: 16px; font-style: normal; font-weight: 400; text-align: center;\">\u00a0<\/p><p style=\"margin-bottom: 15px; color: #888888; font-size: 16px; font-style: normal; font-weight: 400;\">Let\u2019s dive a little bit deeper into some of the key concepts behind Bitcoin.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-da0498e elementor-widget elementor-widget-button\" data-id=\"da0498e\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/www.linkedin.com\/pulse\/demystifying-relationship-between-bitcoin-blockchain-lasanka-perera\/\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Read Full Insights <\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Demystifying the Relationship Between Bitcoin and Blockchain May 20, 2025 4:34 am Guest Post: By Adrian Przelozny | CEO | [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3599,"comment_status":"open","ping_status":"open","sticky":false,"template":"elementor_canvas","format":"standard","meta":{"inline_featured_image":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center 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