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What is the relationship between blockchain, Bitcoin, and Web3.0? 🤔

Recently, blockchain, Bitcoin, and Web3.0 have been everywhere, and many people are puzzled, right? Don’t worry, I’ll break it down simply, ensuring even beginners can understand!～

1️⃣ What is blockchain?

Imagine a classroom bookkeeping system where everyone has a ledger, and everything bought is recorded simultaneously. The ledger can't be altered, and there's no class monitor calling the shots; this is blockchain! 💡 Its key features: decentralization, transparency, tamper-proof, and security.

Besides Bitcoin, where else can blockchain be applied?

Healthcare: storing medical records securely and privately

Supply chain: tracking the source of goods, authenticity is clear

Smart contracts: like a vending machine, it executes operations automatically when conditions are met～

2️⃣ What is Bitcoin?

Bitcoin is the “first child” of blockchain 👶. Simply put, it is a digital currency protected by cryptographic technology, no one can control it, and it can’t be printed extra; there are only 21 million! Trading with it is like sending a WeChat red envelope, no banks involved, direct “peer-to-peer”.

Its cool points:

✅ Not controlled by countries or banks, ultra-fast cross-border transactions

✅ Strong anonymity, protecting privacy

✅ Transaction records are tamper-proof, open, and transparent

3️⃣ What is Web3.0?

The name sounds profound, but it's actually the “next generation of the internet” based on blockchain 🌐. To put it simply, Web2.0 is the current “centralized” internet, where platforms have the final say; for example, when you post on Weibo, the content is managed by the platform. Web3.0 is the “decentralized” internet, where data and assets belong to you! 👀

What can Web3.0 do?

✨ Decentralized Apps (DApps): for instance, a platform without central control, where you are in charge

✨ Digital identity: in the future, everyone will have their own encrypted identity, so no worries about privacy breaches

✨ Digital assets: the equipment you earn in games truly belongs to you; you can sell it and make money～

4️⃣ What’s the relationship among them?

Blockchain is the technical foundation, like the foundation of a building;

Bitcoin is the first application of blockchain, like a “test field”;

Web3.0 is the future scenario combining blockchain technology and the internet, like skyscrapers 🏢.

A bit convoluted? In summary: blockchain is the core technology, Bitcoin is the first to take the plunge, and Web3.0 is the ideal world of the future!