The crypto industry is full of technical terms that can be overwhelming for beginners to understand. Many people often relate cryptocurrency to Bitcoin without knowing thousands of other cryptocurrencies exist.

On the other hand, some people equate cryptocurrency to blockchain. However, blockchain is the technology behind cryptocurrencies, including Bitcoin. Similarly, cryptocurrencies are digital currencies that you can utilize, like fiat currencies.

However, cryptocurrencies work differently from fiat currencies as they use cryptographic techniques to validate crypto transactions on the blockchain network. Let’s dive deep into these three commonly used technical terms in the crypto industry — Blockchain, Cryptocurrency, and Bitcoin.

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