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One sentence summary of blockchain

Publish: 2021-05-11 23:16:24
1. 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
2. It is understood that compared with the traditional centralized scheme, blockchain technology mainly has the following three characteristics:

the core idea of blockchain is decentralization

in the blockchain system, the rights and obligations of any node are equal, and all nodes have the ability to vote with computing power, Thus, the result recognized by more than half of the nodes is guaranteed. Even under serious hacker attacks, as long as the number of nodes controlled by hackers does not exceed half of the total number of nodes in the world, the system can still operate normally and the data will not be tampered with

block chain's biggest subversive nature is the establishment of credit

theoretically, block chain technology can make WeChat payment and Alipay no longer exist value. The economist makes an image metaphor for blockchain: in short, it is "a machine for creating trust". Blockchain enables people to cooperate with each other in the case of mutual distrust and no neutral central institution. The fight against counterfeit money and financial fraud will not be needed in the future

the collective maintenance of blockchain can rece the cost

under the centralized network system, the maintenance and operation of the system depend on the operation and maintenance of platforms such as data center, and the cost cannot be omitted. Anyone can participate in the nodes of the blockchain. Each node can verify the correctness of the results of other nodes' records while participating in the records, which improves the maintenance efficiency and reces the cost

in a word, blockchain touches money, trust and power, which are the fundamental basis for human survival.
3. What is BHT's new currency? Its full name is bit hot token. It is a new currency launched by the currency exchange. It was launched on November 3, 2018. What is new currency? BHT can be used to buy other mainstream currencies, such as BTC, and high-quality tokens of the project side.
4.

blockchain is used to record public data together, or more narrowly, to keep accounts

for example, you recorded that Zhang San owes you 10000 yuan in your computer, and Zhang San said that you still owe me 1 million yuan in my computer. So what

it used to be solved like this: find a notary, and your accounts will be recorded in the notary. In case of any dispute, the notary's account book shall prevail. For example, this is what banks do. Both of your money is deposited with him. There are records of transfers and loans

blockchain solves this problem: when you keep an account in your own computer, Zhang San also records the same data in his own computer. After recording, you two check with each other and agree. This account is officially recorded. There is no need for the participation of a third party or the so-called "authority" or "certification body"

the way that everyone keeps accounts together is also known as "distributed" or "decentralized", because everyone keeps accounts, and the accuracy of the account book is determined by the program algorithm, not an authoritative organization

extended data:

blockchain is characterized by abnormal security, non tampering, accessibility and no third party

its application scenarios include, but are not limited to, no need to prove that "my mother is my mother" in the future. The tamper proof feature of blockchain technology has fundamentally changed this situation. Our birth certificate, real estate certificate and marriage certificate can be notarized on the blockchain, becoming something trusted by the whole world. Of course, it can also easily prove that "my mother is my mother"

for another example, we often use Ctrip, meituan and other apps to find and place orders for hotels and other services, and each platform gets a commission from them. The application of blockchain is to remove middlemen and create a secure and decentralized way for service providers and customers, so as to achieve the purpose of direct connection and transaction


5. Blockchain is an information multi-party confirmed and stored in multiple places.
6. Blockchain is a term in the field of information technology. In essence, it is a shared database. The data or information stored in it is a series of data blocks associated with cryptography. Each data block contains the information of effective confirmation of multiple bitcoin network transactions. After the launch of virtual currency contract trading mode, ordinary talents can invest in bitcoin and other virtual currencies with the advantage of low threshold. Optionmr investors can trade nearly 200 kinds of mainstream virtual currency contracts such as bitcoin, lightcoin, Ethereum and bitcoin cash at a minimum of US $20, making profits through two-way trading.
7. An account book supervised by many people can be traded on it, and no one can default on it, because if one person makes a fake, others can point it out.
8. Yes, I've also heard that their live studio has closed down, which is very normal
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