• Blockchain is the technology that powers the cryptocurrency Bitcoin, although it is not the only distributed ledger system based on the blockchain technology. Other cryptocurrencies have their own blockchain and distributed ledger designs.
• Meanwhile, the technology's decentralisation has resulted in multiple schisms or forks inside the Bitcoin network, resulting in offshoots of the ledger in which some miners use a blockchain with one set of rules and others use a blockchain with a different set of rules.
• Blockchain is a distributed database, while Bitcoin is a cryptocurrency.
• Blockchain technology is what powers Bitcoin, but it has many other applications.
• Anonymity is promoted by Bitcoin, whereas transparency is promoted by blockchain. Blockchain must comply with strong Know Your Customer standards in order to be used in some industries (especially banking).
• Bitcoin is used to transmit money between users, whereas blockchain may be used to transfer anything from information to property ownership rights.

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