Today, many people still don't know the difference between bitcoin and blockchain, and make a very vivid analogy with you. Blockchain is like Android system of mobile phone, whether bitcoin or Ethereum as we know, these are products based on blockchain technology, just as the research and development of app is based on Android system.

Although such a metaphor is not very accurate, it is the best one to understand.

Many people understand that the state vigorously promotes the blockchain technology as the state vigorously promotes the virtual currency, which gives many criminals an opportunity to promote the self-produced and self sold virtual currency. In fact, this is only a 3.0 form of pyramid selling. At present, the pyramid selling as we all know, such as the offline mode of cash investment development similar to the "1040 sunshine project", or the high purchase of a virtual currency Some "learning materials" or "cheap garbage", the main idea is to get benefits through the development of offline.

And we are now in contact with a lot of Baidu are unable to search the virtual currency, the big probability is their own development of "pyramid selling currency", such a virtual currency at any time face the result of collapse. If you see this, please don't let the old people in your family buy it, especially those who have a little financial knowledge. Laymen are not easy to cheat, but those standing at the door should be accurate.

To get back to the point, let's take a look at what blockchain technology is. Let's share it with you in the form of metaphor. It's easier to understand. If you want to know the professional explanation, you'd better go to Baidu. It's more professional than I said.

Blockchain technology is like a class in which each student has a computer. Each student will record his day in the form of a diary. By combining the diaries of all students, we can know what happened in the class on this day.

That day, a student told the teacher that B beat himself. The teacher looked through the diaries of C, D and e. it also recorded that B beat a student, so the teacher could make sure that a student was not lying. Each student's diary is like a block. These blocks are connected together, which is what we call blockchain technology. This technology is mainly to achieve decentralization. Everyone has the right to keep accounts. Everyone is a center, and everyone is not a center.

In fact, blockchain technology is not only applied to bitcoin, but can be applied to all aspects of life. According to unreliable data, the digital wallet on trial now also uses blockchain Technology (as far as I know, traditional technology can also be supported, blockchain technology can also be supported, so I'm not sure).

Last but not least, will bitcoin continue to rise? According to the current situation that things are rare but expensive, there is still a rising trend, including some unofficial channels that some National Treasury also have bitcoin, and there are still a small number of bitcoin in circulation in the market. But I personally think bitcoin is always a game of Pass the parcel. Be careful!

(2021-4-8)