Introduce blockchain to others

1.

blockchain is an important concept of bitcoin. It is essentially a disintermediated database. At the same time, as the underlying technology of bitcoin, it is a series of data blocks generated by using cryptographic methods. Each data block contains the information of a bitcoin network transaction, which is used to verify the effectiveness of its information (anti-counterfeiting) and generate the next block

blockchain is a new application mode of distributed data storage, point-to-point transmission, consensus mechanism, encryption algorithm and other computer technologies

in a narrow sense, blockchain is a kind of chain data structure that combines data blocks in a sequential way according to the time sequence, and it can not be tampered with and forged by cryptography

broadly speaking, blockchain technology uses blockchain data structure to verify and store data, uses distributed node consensus algorithm to generate and update data, and uses cryptography to ensure the security of data transmission and access It is a new distributed infrastructure and computing method to program and operate data by using intelligent contract composed of automated script code

extended data:

the evolution mode of blockchain is as follows:

& 9642; Blockchain 1.0 - digital currency

▪ Blockchain 2.0 - digital assets and smart contracts

▪ Blockchain 3.0 - Implementation of distributed applications in various instries

blockchain features:

1. Disintermediation. Due to the use of Distributed Accounting and storage, there is no centralized hardware or management organization in the system, the rights and obligations of any node are equal, and the data blocks in the system are jointly maintained by the nodes with maintenance function in the whole system

2. Openness. The system is open. In addition to the private information of all parties to the transaction is encrypted, the data of the blockchain is open to all. Anyone can query the blockchain data and develop related applications through the open interface, so the information of the whole system is highly transparent

3. Autonomy. Blockchain adopts consensus based specifications and Protocols (such as a set of open and transparent algorithms) to enable all nodes in the whole system to exchange data freely and safely in a de trusted environment, so that the trust in "people" is changed into the trust in machines, and any human intervention does not work

The information can not be tampered with. Once the information is verified and added to the blockchain, it will be stored permanently. Unless more than 51% of the nodes in the system can be controlled at the same time, the modification of the database on a single node is invalid. Therefore, the data stability and reliability of the blockchain are extremely high

5. Anonymity. Because the exchange between nodes follows a fixed algorithm, the data interaction does not need to be trusted (the program rules in the blockchain will judge whether the activity is effective). Therefore, the counterparties do not need to make the other party trust themselves by disclosing their identities, which is very helpful for the accumulation of credit

2. In a word, blockchain is essentially a decentralized database
whether it's the introction in the network, the answers given by everyone, or the simple and easy to understand introction, you may not really understand blockchain. It's recommended to read more relevant information to understand its landing application. Cryptofinance focuses on blockchain information

3. Blockchain is a new computing paradigm and distributed infrastructure. It uses fast chain data structure, distributed node consensus algorithm, cryptography and intelligent contract based on automated script code to proce, verify, store and transmit data. It can also be said that blockchain is a distributed ledger technology, which can provide decentralized trust mechanism in non trust environment, so that multi-party participants can conct secure trust transactions without intermediaries
the core advantage of blockchain technology is decentralization, which can realize point-to-point transaction, coordination and cooperation based on decentralized credit in a distributed system without mutual trust by means of data encryption, time stamp, distributed consensus and economic incentive, so as to solve the high cost and low cost of centralized institutions Low efficiency and data storage insecurity provide solutions
the application fields of blockchain include digital currency, token, finance, anti-counterfeiting traceability, privacy protection, supply chain, entertainment, etc. with the popularity of blockchain and bitcoin, many related top domain names have been registered, which has a great impact on the domain name instry.

4. Bitcoin is a blockchain, but a blockchain is not bitcoin
a blockchain is a distributed database maintained by the collective formed by cryptography.

5. Blockchain is an important concept of bitcoin. In essence, it is a decentralized database and the underlying technology of bitcoin. Blockchain is a series of data blocks generated by cryptography. Each data block contains the information of a bitcoin network transaction, which is used to verify the validity of the information (anti-counterfeiting) and generate the next block
in a narrow sense, blockchain is a kind of chained data structure, which is composed of data blocks connected in sequence according to the time sequence, and is a distributed account that can not be tampered with and forged by cryptography. In a broad sense, blockchain technology is a new distributed infrastructure and computing paradigm, which uses blockchain data structure to verify and store data, uses distributed node consensus algorithm to generate and update data, uses cryptography to ensure the security of data transmission and access, and uses intelligent contract composed of automated script code to program and operate data
both eurocrowdfunding and Ethereum use blockchain technology.

6. The so-called blockchain technology, also known as distributed ledger technology, is an Internet database technology, which is characterized by decentralization, openness and transparency, so that everyone can participate in database records. What it needs to do is to enable all parties involved to establish trust relations at the technical level
in common words: if the database is assumed to be an account book, reading and writing the database can be regarded as a kind of bookkeeping behavior. The principle of blockchain technology is to find out the fastest and best person for bookkeeping in a period of time, and then send this page of information of the account book to everyone else in the whole system. This is equivalent to changing all records in the database and sending them to every other node in the whole network. Therefore, blockchain technology is also known as distributed ledger
blockchain can be roughly divided into two levels, one is to do the underlying technology of blockchain; The second is to do the upper application of blockchain, that is, the transformation, optimization or innovative application based on blockchain
what is the core meaning of the blockchain? My understanding is that the core meaning of the blockchain is to establish data credit between the participants, create unilateral ecology under clear provisions through unilateral confrontation, and jointly guarantee complete opportunities. This is a system, and this kind of establishment can end the problems before the blockchain, When data is shared, it is impossible to achieve new sharing. Even if you do orientation, it only gives you an interface. After the blockchain is established, the participants can realize credit sharing.

7. In the field of Internet and games, blockchain is now a hot topic. Some people may even say that blockchain technology is the fifth disruptive innovation of computing paradigm after mainframe, personal computer, Internet and mobile Internet. It is difficult for us to determine what the future of blockchain will be like, but I firmly believe that the application of blockchain will be the development trend in the future.