What kind of accounting method is blockchain

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. Decentralized bookkeeping makes blockchain assets open, transparent and unable to cheat ~
the third feature of blockchain assets is decentralized bookkeeping
the transfer you give to others will not be delayed for a few days because the bookkeeping agency is on holiday; Not because the bookkeeping institutions want to make profits, so they have to pay high fees; More will not be because of accounting institutions cheating, and suffer losses
because its bookkeeping is carried out by the whole network. The account book that you transfer to others will not be unified because of the loss of the account book data here or there, because the account book is jointly maintained by the whole network, and every node has a backup. If you transfer 0.5 coins to fire coin Niuniu, you two can look at the record data of the whole network together: whether it has arrived, several confirmed, etc., which is very transparent and fair.

5. 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

6. Blockchain originated from Nakamoto's bitcoin. As the underlying technology of bitcoin, it is essentially a decentralized database. It refers to the technical solution of collective maintenance of a reliable database through centralization and distrust in the past
blockchain technology is a technology solution that does not rely on a third party and stores, verifies, transmits and communicates network data through its own distributed nodes. Therefore, from the perspective of financial accounting, some people regard the blockchain technology as a distributed, open and decentralized large-scale network bookkeeping book. Anyone can use the same technical standards to add their own information at any time, extend the blockchain, and continuously meet the data entry needs brought by various needs
generally speaking, blockchain technology refers to a way for the whole people to participate in bookkeeping. There is a database behind all the systems. You can think of the database as a big ledger. So it's very important who keeps this account book. At present, whose system will keep accounts, wechat's account book is Tencent's account book, and Taobao's account book is Ali's account book. But now in the blockchain system, everyone in the system can have the opportunity to participate in bookkeeping. If there is any data change in a certain period of time, everyone in the system can conct bookkeeping. The system will judge the person who has the fastest and best bookkeeping in this period, write the content of his records into the account book, and send the content of the account book to all other people in the system for backup. In this way, everyone in the system has a complete account book. This way, we call it blockchain technology
blockchain technology is considered to be the most disruptive technological innovation since the invention of the Internet. Relying on the ingenious distributed algorithm of cryptography and mathematics, it can make the participants reach a consensus without the intervention of any third party center on the Internet where the trust relationship cannot be established, and solve the problem of reliable transmission of trust and value at a very low cost
bitcoin peer-to-peer network stores all transaction history in "blockchain". The blockchain continues to extend, and once new blocks are added to the blockchain, they will not be removed. Blockchain is actually a distributed database composed of a group of scattered client nodes and all participants, which is a record of all bitcoin transaction history. After bitcoin transaction data is packaged into a "data block" or "block", the transaction is initially confirmed. When a block is linked to a previous block, the transaction is further confirmed. After six block confirmations in a row, the transaction was irreversibly confirmed
blockchain is public on the network and can be queried in every offline bitcoin wallet data. The lightweight bitcoin wallet uses online confirmation, that is, it will not download the blockchain data to the device storage
digital currency is easy to be regarded as a new currency by traditional financial institutions, but in fact, the significance and value of its underlying technology is far greater than its monetary attribute. Taking bitcoin as an example, it is generally regarded as a kind of point-to-point digital currency, but from the technical level, it is actually a point-to-point decentralized network platform, which relies on the blockchain technology. Digital currency is a global peer-to-peer network platform based on blockchain technology. Represented by bitcoin, the application of blockchain in the field of digital currency is also known as blockchain 1.0 [1].

7.

Distributed accounting technology is a database distributed on multiple nodes or computing devices. Each node can and save a ledger, and each node can update independently. Its feature is that the ledger is not maintained by any central organization, and the update of the ledger is built and recorded by each node independently

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node can vote on these updates to ensure that they are in line with the majority opinion. This kind of voting is also called consensus, and consensus is automatically reached through the algorithm. Once a consensus is reached, the distributed ledger will update itself, and the latest agreed version of the ledger will be saved on each node

distributed accounting technology solves the problem of trust cost, which is less dependent on banks, government and Justice Department, and the data is all on nodes. At the same time, it also solves the problems of consumer rights, financial integrity and transaction speed

extended data:

distributed ledger is a kind of database shared, copied and synchronized among network members. Distributed ledgers record transactions between network participants, such as the exchange of assets or data. This shared ledger eliminates the time and expense of mediating different ledgers

distributed ledger (also known as shared ledger, or distributed classification technology) is a replication consensus, sharing and synchronizing digital data geographically distributed in multiple websites, countries, or institutions. There is no central administrator or centralized data storage.

a point-to-point network is required, and consensus algorithms are used to ensure replication at nodes. A form of distributed classification design, blockchain system, can be public or private

but not all distributed accounts must use chain blocks to provide security and effectively realize distributed consensus: blockchain is just a type of data structure, which is considered as a distributed ledger. In 2016, many banks tested the balance of payments account

the participants in the network restrict and negotiate the updating of the records in the account book according to the consensus principle. There is no intermediate third-party arbitration institutions (such as financial institutions or clearing houses) involved. Each record in the distributed Ledger has a time stamp and a unique password signature, which makes the ledger an auditable history of all transactions in the network

8. You can't cheat, because unless you can control most people's computers in the system to be modified, the system will refer to the opinions of most people to decide what is the real result, and it will find that it is totally meaningless to modify your own account book