Blockchain accounting speed

1. blockchain is a new application mode of distributed data storage, point-to-point transmission, consensus mechanism, encryption algorithm and other computer technologies. Blockchain is essentially a decentralized database
for example, if you are a woman, every time your boyfriend says something disgusting to you or promises to buy something for you, you immediately record it and send it to you and all his friends, classmates, colleagues, as well as various groups and circles of friends, so that he can no longer resist. This is called blockchain
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.

2. That's a good question. Let me give you an example. For example, when I deposit 100 yuan in the bank, the data of this deposit is only recorded in the bank's database, which can't be obtained by others, namely "central bookkeeping". The blockchain is a distributed accounting, a new information recording technology, and it is "encrypted" and "distributed". The data does not exist in a center, but is stored once on the computer of the whole network. For example, if I transfer 100 yuan to you, I will shout to all the computers in the whole network. Let's record the accounts together, that is, "Distributed Accounting".

3. Blockchain technology is also known as distributed ledger. Generally speaking, if we assume that the database is an ledger, reading and writing the database can be regarded as a kind of bookkeeping behavior. The principle of blockchain technology is to find the fastest and best person for bookkeeping in a period of time, and then send this page of information of the ledger to everyone else in the whole system. This is equivalent to changing all the records in the database and sending them to every other node in the whole network, which can not only ensure the data security, but also ensure the authenticity of the data, so as to enhance the social credit.

4. const SHA256 = require(crypto-js/SHA256);< br />class Block{
constructor(index,timestamp,data,previousHash='&# 39;)< br />{
this.index=index;< br />this.timestamp=timestamp;< br />this.data=data;< br />this.previousHash=previousHash;< br />$this.hash=this.calculateHash();< br />}

calculateHash(){
return SHA256(this,index+this.previousHash+this.timestamp+JSON.stringify(this.data)).tostring();< br />}
}
class Blockchain{
constructor(){
this.chain=[this.createGenesisBlock()];<
}
/ / create a generated information block
creategenesis block() {
return new block (0, & quot; 01/01/2019",& quot; Genesis block", 0);
/ / the date is the user's data. In fact, it is the hash value obtained by adding several values together. Here, the information is encrypted and the picture is encrypted. Then the data is still stored in the database, but all the data are hash values. To get this data, you must know the hash value of the previous data block. Then, if the hacker needs to crack all the nodes, the hash value is decrypted, Then all the blocks from the first node to the last node can be decrypted to get the real data. So the security of data stored in the blockchain depends on whether the data is encrypted. If the plaintext is not encrypted, then it is not a blockchain
}
/ / get the last block
getlatesblock() {
return this.chain [this.chain. Length-1]
}
/ / create block
addblock (newblock) {
newblock. Previoushash = this. Getlatesblock(). Hash< br />newBlock.hash=newBlock.calculateHash();< br />this.chain.push(newBlock);< br />}
}

5. Yes, but the hardware is constantly updated, so basically don't worry. A transaction only takes about 100 bytes, or 100 kb.

6. It depends on the project. Take bitcoin as an example. Now the account book that records all the information of bitcoin network may reach 220g.

7. Blockchain technology will not affect efficiency and waste computing power. The key is to see how to innovate in a mode and how to use blockchain technology efficiently to achieve the effect of the mode
blockchain is essentially an encryption algorithm, which is based on the principle of hash 256 bit algorithm to achieve information security; The application of modern information will become more and more global and universal. Besides the basic requirements of anti tampering, anti repudiation and trustworthiness, the protection of privacy needs to be strengthened. The blockchain technology is proced because of the development of modern cryptography. The cryptography used today is the result of cryptography 20 years ago, Therefore, in order to apply the blockchain technology to more participation scenarios, especially in the Internet economy, more verification is needed to verify whether the existing encryption technology can meet the demand, and more in-depth integration of cryptographic frontier technology and continuous innovation are needed
as long as we use blockchain to make innovations in accounting methods based on our own mode, it will not affect efficiency and waste computing power, but will shorten the time and improve efficiency.

8. On the nodes of the blockchain, everyone can access the P2P network for accounting, but no one can tamper with the information in the database, so it is a public accounting book. The technology of recing risk is being introced into the six degree chain

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