Yes, there are some differences, but at the core Blockchain and Cryptocurrency are interconnected. Bitcoin (Cryptocurrency) is the first and most successful application of Blockchain. Initially, they were used interchangeably, but with advancement, some differences can be noticed.

1. HOW BLOCKCHAIN IS DIFFERENT
FROM CRYPTOCURRENCY?

2. BLOCKCHAIN AND CRYPTOCURRENCY
The most common topic of discussion these days is Blockchain vs. Cryptocurrency. Everyone wants to know
whether they are similar or possess some difference. Now you must be thinking the answer for this very simple
question. Yes, there are some differences, but at the core Blockchain and Cryptocurrency are
interconnected. Bitcoin (Cryptocurrency) is the first and most successful application of Blockchain. Initially,
they were used interchangeably, but with advancement, some difference can be noticed.
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3. WHAT IS
CRYPTOCURRENCY?
Cryptocurrency is a digital asset that came into
existence in the year 2008. It gained immense
popularity because no government can control it.
Thus, we got a new kind of currency. Bitcoin and
Ethereum are kinds of virtual currency.
This system of exchanging money became
popular because:
- No third party is involved
- The processing fees are very low
- The speed of transactions globally is quick.
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4. WHAT IS BLOCKCHAIN?
• The blockchain is the technology behind the transfer of
money online. It is a distributed ledger on a peer-to-
peer network, public and anonymous.
• The blockchain is storage units that keep records. These
records can be shared over thousands of computers. If
there is a change even in one record, it needs to be
accepted by all the systems within the network.
• This blockchain technology has all the features which
are required for a virtual money transaction. It is safe,
secure, transparent, and anonymous and not governed
by anything. All the transactions regarding
cryptocurrencies are stored on the Blockchain.
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5. HOW THEY WORK TOGETHER?
• Blockchain and Cryptocurrency are intertwined and neither will work without the other.
• We have read the difference between the two, and they are substantial. But it is also
true, that they both are dependent on each other for transforming the financial
scenario.
• Cryptocurrencies are the tokens that this network uses for transferring value. They are
a tool of this technology and serves as a resource. They can also be used to monetize
the value of an asset.
• They both together make an ecosystem, where Blockchain is the base and
Cryptocurrency a part of it. They both depend on each other for better functioning.
Crypto is often needed for the transaction through Blockchain, while this technology is
required to store and record the details of most transactions.
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6. DIFFERENCE
Blockchain Cryptocurrencies- The Difference
Between The Two
Blockchain Cryptocurrency-
Versatility
Blockchain technology is more
versatile with multiple features. This
technology is being used in many
applications in almost every field.
From healthcare to management,
every industry is using this tech for
developing better functioning apps.
While Cryptocurrency is less
versatile and unregulated. This is
probably the biggest reasons why
many nations avoid using this digital
asset.
Blockchain and Cryptocurrency-
what it holds for the future?
Blockchain technology will
transform the economy and the
future of the world. As more
companies shift to this dynamic
technology, positive change is
expected. Since the data once
entered in this, it can’t be changed
or altered, businesses are more
inclined to use too.
Whereas Cryptocurrency was
developed for the same. But with its
growth, businesses are
apprehensive to it and its future is a
little bleak.
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7. PRICE COMPARISON MODEL
Full Time
Employee
USA/Canada South America Eastern Europe Africa Asia
Business Analyst $100-$200 $85-$190 $40-$60 $30-$60 $30-$40
Project Manager $150-$250 $150-$240 $50-$80 $40-$70 $35-$50
Team Leader $180-$190 $150-$180 $45-$65 $40-$50 $30-$40
Sr. Developer $150-$160 $140-$150 $65-$75 $45-$55 $30-$40
Mid-level Developer $135-$145 $125-$140 $40-$50 $37-$40 $25-$35
Jr. Developer $100-$130 $80-$120 $25-$40 $35-$40 $20-$25
UX/UI Designer $100-$150 $89-$135 $30-$50 $30-$40 $20-$30
Sr. QA $145-$170 $130-$150 $40-$60 $40-$50 $25-$35
Mid-level QA $100-$110 $80-$100 $30-$50 $30-$35 $20-$30
Jr. QA $75-$80 $70-$80 $25-$42 $25-$30 $15-$24
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8. THANK YOU
sales@endivesoftware.com
https://www.endivesoftware.com/cryptocurrency-development