2 thoughts on “What is the blockchain and what are the actual value?”
Heather
Blockchain is a new computing paradigm and distributed infrastructure. It uses fast -chain data structure, distributed node consensus algorithm, cryptographic method, and smart contracts based on automated scripts to verify, store and transmit data. It can also be said that blockchain is a distributed ledger technology that can provide decentralized trust mechanisms in a non -trust environment, so that multiple parties to conduct security trust transactions without intermediary agencies. The core advantage of blockchain technology is decentralization. By using data encryption, timestamp, distributed consensus, and economic incentives, you can achieve decentralized credit in distributed systems that do not need to trust each other in nodes. Point -to -point transactions, coordination and collaboration, thereby providing solutions for solving problems such as high costs, inefficient and data storage unsafe in centralized institutions. The application fields in blockchain include digital currency, token, finance, anti -counterfeiting traceability, privacy protection, supply chain, entertainment, etc. It has a great impact on the domain name industry.
n00:00 / 07: 1770% shortcut keys to describe space: Play / suspend ESC: exit full screen ↑: increase volume 10% ↓: reduced volume decrease by 10% →: single fast forward 5 seconds ←: single fast retreat 5 seconds Press hold up and hold it up. Here you can drag no longer appear in the player settings to reopen the small window shortcut key description
Blockchain is a new computing paradigm and distributed infrastructure. It uses fast -chain data structure, distributed node consensus algorithm, cryptographic method, and smart contracts based on automated scripts to verify, store and transmit data. It can also be said that blockchain is a distributed ledger technology that can provide decentralized trust mechanisms in a non -trust environment, so that multiple parties to conduct security trust transactions without intermediary agencies.
The core advantage of blockchain technology is decentralization. By using data encryption, timestamp, distributed consensus, and economic incentives, you can achieve decentralized credit in distributed systems that do not need to trust each other in nodes. Point -to -point transactions, coordination and collaboration, thereby providing solutions for solving problems such as high costs, inefficient and data storage unsafe in centralized institutions.
The application fields in blockchain include digital currency, token, finance, anti -counterfeiting traceability, privacy protection, supply chain, entertainment, etc. It has a great impact on the domain name industry.
Individuals' views on blockchain technology.
n00:00 / 07: 1770% shortcut keys to describe space: Play / suspend ESC: exit full screen ↑: increase volume 10% ↓: reduced volume decrease by 10% →: single fast forward 5 seconds ←: single fast retreat 5 seconds Press hold up and hold it up. Here you can drag no longer appear in the player settings to reopen the small window shortcut key description