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Bitcoins And Blockchains- Two Sides Of The Same Coin

Jack by Jack
December 11, 2019

This is a big, bad, cruel and merciless world. You don’t find anything and everything easy and tend to become rash and hasty in taking important decisions that can decide your fate and destiny in the future and therefore you fall to the ground with a thud and end up nowhere.

Generally speaking, you are back to square one and have to start all over again. This aspect requires a lot of energy and a positive outlook of life that becomes the most essential ingredient in this regard.

You will need to put in certain compromises and sacrifices in order to put things in place and have to pull yourself up with a firm belief that you can do it and make the sincere efforts to make it quick.

While this may seem like a tough task at first, but once you put in the habit of changing your daily routine and lifestyle in order to achieve your goals in the end and in the shortest time possible, you will find that it was well worth going through the amount of pain and suffering that you put in when you achieve the fruits of your efforts.

Life in general, at every step, is a perpetual house of heartbreaks. Be it in school or office or business and including extracurricular activities, there is some challenge or the other lying in wait for you to pull you down and deviate you from your aim.

So, you will need to be careful because, you see, the challenges and obstacles that you encounter should be seen as nothing more than the thorns in your path that you have to trod on and keep yourself going in order to reach your destination.

These are nothing more than the tests and exams that you give in your schools in order to know what all and how much you have learnt so far. The tests that god puts you through (in the form of challenges) to check your agility, determination, patience, perseverance, passion and obsession that you have inside you to achieve your aim at any cost.

All you need to do is to push yourself forward in order to take you out of your shell of laziness and lack of confidence in completing the task at hand. You would be needing the required motivation in order to keep yourself going in a slow and steady pace as it has been written in the good books that it will allow you to win the race in the end.

In this new age of social media, things have become a lot more easier and smoother compared to the bygone era with the typical 9 to 5 job in an office which tends to become boring and monotonous with the boss always shouting orders around with the threat of termination in case of insubordination or disobedience.

With the new process called bitcoin, the modern day youngster and potential investors have found a good platform to make it rich in a simpler and easier way. The bitcoin era has ushered in a new wave of hope and anticipation among the general aspirants to hit the jackpot.

Now, bitcoin and blockchain are interrelated to each other and can be seen as two sides of the same coin where block chain is used for data storing and management through a computer file whereas bitcoin is a crypto-currency that is decentralized and deregulated in nature but (like blockchain is so for software purposes) cannot exist without block chain.

Block chain is much more than crypto currency as wider and technical applications that are beyond the capabilities of bitcoin but both are thought to be the same due to being interlinked.

Bitcoin is digital currency while block chain is databased management system. Blockchain is transparent while bitcoin is opaque and anonymous. Bitcoin cannot transfer beyond money through users while blockchain can do so for many more things.

Jack

Jack

Save bats is a digital variety magazine dedicated to provide valuable insights about an array of topics such as arts and entertainment, automotive, cars, gaming etc.

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