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The difference between public chain and blockchain

Publish: 2021-04-14 14:45:34
1.

blockchain includes public blockchain, joint (instry) blockchain and private blockchain. Public chain point-to-point e-cash system: bitcoin, smart contract and decentralized application platform: Ethereum

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

blockchain is an important concept of bitcoin. In essence, it is a decentralized 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 a batch of bitcoin network transaction information, Used to verify the validity of its information (anti-counterfeiting) and generate the next block



extended data

according to the different degree of blockchain network centralization, three kinds of blockchains under different application scenarios are differentiated:

1. The blockchain with the whole network open and without user authorization mechanism is called public chain

2. The authorized nodes are allowed to join the network, and the information can be viewed according to the authority. It is often used in the inter agency blockchain, which is called alliance chain or instry chain

3. All the nodes in the network are in the hands of one organization, which is called private chain

alliance chain and private chain are also called licensing chain, and public chain is called non licensing chain

blockchain features

1, decentralization. Blockchain technology does not rely on additional third-party management institutions or hardware facilities, and there is no central control. In addition to the self-contained blockchain itself, each node realizes information self verification, transmission and management through distributed accounting and storage. Decentralization is the most prominent and essential feature of blockchain

2. Openness. Blockchain technology is based on open source. In addition to the private information of all parties involved in the transaction is encrypted, the data of blockchain is open to everyone. Anyone can query blockchain data and develop related applications through the open interface, so the information of the whole system is highly transparent

3. Independence. Based on consensus specifications and Protocols (similar to various mathematical algorithms such as hash algorithm used by bitcoin), the whole blockchain system does not rely on other third parties, and all nodes can automatically and safely verify and exchange data in the system without any human intervention

4. Safety. As long as 51% of all data nodes cannot be controlled, the network data cannot be arbitrarily manipulated and modified, which makes the blockchain itself relatively safe and avoids subjective and artificial data changes

5. Anonymity. Unless there are legal requirements, technically speaking, the identity information of each block node does not need to be disclosed or verified, and the information can be transferred anonymously

2. The public chain, as the name suggests, has great inclusiveness and fairness. The better the public chain project does in these two aspects, the more prominent it will be. At present, many public chains sacrifice fairness in order to speed up the transaction, which is not optimistic. There is a project called Fanta network. Their DSC technology claims to be safe, democratic and fair, which deserves long-term attention. However, their code will not be open source until the end of the year, and the progress needs to be accelerated
3.

This is two different concepts. According to different standards, blockchain can be classified into three categories:

& # 8195&# 8195; 1) According to the network scope of blockchain, it can be divided into public chain, private chain and alliance chain

 &# 8195; 2) According to the docking type of blockchain, it is divided into single chain, side chain and interconnection chain

 &# 8195; 3) According to the display environment of blockchain deployment, it can be divided into main chain and test chain

the main chain can be understood as a formal online and independent blockchain network, while the public chain refers to a blockchain that can be read by anyone, can send transactions and can be effectively confirmed by anyone, and can participate in its consensus process

4. Blockchain
is not a single indivial, but many
blocky structures
are connected together to form a chain structure. Then the connection of each block will also form a specific whole or area. So there is no difference between blockchain and regional chain. For more details, please note the official account of
public number
"SMIC block chain service platform" for real-time understanding.
5. The blockchain technology used by the content public chain is a great breakthrough in blockchain technology. After all, the form of blockchain + content can create value faster, apply more widely and use more conveniently. So I suggest that you download Aqua hydrogen oxygen DAPP and observe the difference between content public chain and ordinary blockchain projects through comparison. I hope it can help you.
6. Talking about the biggest difference between blockchain and traditional Internet, I think the Internet is a network with countless intermediary nodes and central controllers. From the professional point of view, it is communication technology, it is a seven layer communication network, from the public point of view, it can be divided into Internet hardware layer, Internet application layer. The hardware layer of Internet has been mature for 20 years. Application layer also has a large number of intermediary nodes, such as Alipay, when we pay is based on Ali Alipay database, Tencent QQ currency is based on Tencent's intermediary data storage to ensure that it runs correctly. The blockchain is a new model, which is a peer-to-peer network. No one controls the data in the network. The data is scattered on each node in the network. Some mathematical algorithms are used to ensure the consistency of the data. This design is brand new for communication science.
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