---
title: "How does bitcoin use blockchain?"  
description: "How does bitcoin use blockchain?"  
author: "Sandra Emily"  
published: 2022-05-19  
canonical: https://answers.mindstick.com/qa/97500/how-does-bitcoin-use-blockchain  
category: "troubleshooting"  
tags: ["troubleshooting", "blockchain"]  
reading_time: 1 minute  

---

# How does bitcoin use blockchain?

How does [bitcoin](https://www.mindstick.com/articles/54891/three-reasons-to-invest-in-bitcoin-in-2019) use blockchain?

## Answers

### Answer by Hitesh Vohra

- **Bitcoin (BTC)** and blockchain are combined in the Bitcoin blockchain. Satoshi Nakamoto, a person or group of persons, devised the Bitcoin protocol in 2008 to decentralise money control after centralised entities failed the world. The Bitcoin white paper established a set of computational rules that determined the blockchain, a new sort of distributed database. In January 2009, the network was launched.
- Bitcoin, the most well-known cryptocurrency, was the catalyst for the development of blockchain technology. A cryptocurrency, like the US dollar, is a digital medium of exchange that employs encryption techniques to control the creation of monetary units and verify financial transactions.
- The Bitcoin blockchain is made up of data that is saved in 'blocks' and then connected together in a permanent 'chain.' A block is a grouping of Bitcoin transactions from a given time period. Stacks of blocks are built on top of one another, with each new block reliant on the ones before it. As a result, a chain of blocks is created, hence the term 'blockchain.'

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**Read More: [Is the Blockchain Different from Banking Ledgers?](https://answers.mindstick.com/qa/97486/is-the-blockchain-different-from-banking-ledgers)**


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