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What is the difference between blockchain and digital currency

Publish: 2021-05-08 22:14:23
1. In a narrow sense, blockchain is a kind of chained data structure that combines data blocks in chronological order in a way of sequential connection, and it is a distributed account book that can not be tampered with and forged by cryptography. In a broad sense, 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
nowadays, the mainstream digital currencies are basically developed based on blockchain technology. Blockchain is the underlying technology of digital currency. The domestic tea based digital currency Puyin is developed based on blockchain technology.
2. The two complement each other. In fact, chain and currency are inseparable. Blockchain technology has spawned digital currency, and digital currency has expanded the application of blockchain. At present, the most successful digital currency is bitcoin. If you want to invest, you can open an account at okex bitcoin exchange and buy it with wechat. If you are not clear, please ask at any time
3. Digital currency is an application of blockchain
blockchain is the core supporting technology of digital cryptocurrency system represented by bitcoin. The core advantage of blockchain technology is decentralization. It 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 common high cost, low 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
taking the tourism instry as an example, blockchain applications mainly focus on tourism travel, tourism community reviews, digital identity management, credit consumption management, tracking pilot's professional certificate and qualification, loyalty plan of hotels and airlines, reservation management and consumption points management. In addition, blockchain also has applications in finance, games, entertainment and other fields.
4. Blockchain and digital currency are not a concept
blockchain is a decentralized database, which is a series of data blocks generated by using cryptographic methods. This is a very big concept and has a wide application prospect
digital currency is an unregulated and digital currency. It is just an application of blockchain technology, which is based on the birth of blockchain technology
to put it simply, digital currency and blockchain are closely linked, and blockchain is the bottom technology and the most important technical means of digital currency. The most successful practice of blockchain is innovation in the field of currency.
5. Decentralized, open and transparent payment and collection technology. If you don't understand, I'll take you to make one. Completely free blockchain digital currency.
6. Blockchain is its underlying application technology, and digital currency is its currency. Its practical application has little impact on the fluctuation of digital currency
when the economy is stable, it doesn't rise. When the economy is in turmoil, people begin to store digital currency. Of course, it is convenient for some corrupt elements
now the economy is stable, the digital currency is in a bear market, the financial crisis, the crisis, and only when there is a crisis can there be an opportunity. At that time, the rapid growth of bitcoin was the opportunity in the financial crisis. Don't worry, there will be a bull market in digital currency, which is expected to come in the second half of next year
7.

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8. It's the direction of the future. For example, the enterprise special currency is good
9. Bitcoin is often said to be the representative of digital currency. It was born based on blockchain technology. At present, bitcoin is mainly used for investment in the world. It is also very convenient for domestic investors to open an account on a large trading platform, such as okex. If you have anything else to ask, just ask
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