Blockchain 2-letter domain name
blockchain is a digital account book that can be jointly bookkept, and will record all transactions that have occurred and have been unanimously recognized by the system it's the same as the whole family. You're bookkeeping, and your father and mother are also bookkeeping. They can see the general ledger, but the saved information can't be tampered with any more
In 2008, Nakamoto first proposed the concept of blockchain subsequently, blockchain has become the core component of electronic currency bitcoin, which serves as the public account book for all transactions. By using peer-to-peer network and distributed timestamp server, the blockchain database can be managed independentlyextended data:
type of blockchain
1, public blockchain
any indivial or group in the world can send transactions, and transactions can be effectively confirmed by the blockchain, and anyone can participate in its consensus process. Public blockchain is the earliest and the most widely used blockchain. The virtual digital currencies of bitcoin series are all based on public blockchain. There is only one blockchain corresponding to this currency in the world
2, Alliance (instry) blockchain
instry blockchain: multiple preselected nodes are designated as bookkeepers within a group, and the generation of each block is jointly determined by all preselected nodes (preselected nodes participate in the consensus process), and other access nodes can participate in the transaction, However, regardless of the bookkeeping process (in essence, it is still managed bookkeeping, only distributed bookkeeping, how many preselected nodes, and how to determine the bookkeeper of each block to become the main risk point of the blockchain), anyone else can conct limited query through the open API of the blockchain
3, private blockchain
only uses the general ledger technology of blockchain for bookkeeping. It can be a company or an indivial, and enjoys the write permission of the blockchain. This blockchain is not very different from other distributed storage schemes
I. the meaning of blockchain
in a narrow sense, blockchain is a kind of chained data structure composed of data blocks connected in sequence according to the time sequence, and it is a distributed account book that can not be tampered with and forged by means of cryptography
broadly speaking, 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
ENS is Ethereum domain name service, a distributed, open and extensible domain name system based on Ethereum. Some hash addresses used in Ethereum ecosystem are usually very long, such as Ethereum wallet address and swarm file hash address, while ENS domain name system is designed to provide users with short and easy to read domain names. Ens does not grant any trademark or declare any ownership. The domain name application of ENS is a completely decentralized process. The domain name is not obtained through purchase. You need to deposit a certain amount of ether coin in the corresponding registration contract as a deposit for at least one year. In order to avoid garbage and meaningless operation, the process of auctioning domain names includes locking deposit and destroying penalty, trying to ensure that the domain name will be registered by the actual user. The ether money spent in the process will eventually be returned to the successful bidder and destroyed in breach of contract. It will not generate income and is completely non-profit.
When did you buy 500? Now you make a lot of money
Isn't the blockchain over?

