• How does blockchain help build distributed digital identities?

    How does blockchain help build distributed digital identities? The outbreak of the epidemic has affected the production and life of various industries in different ways. As the epidemic develops on a regular basis, people need to be prepared to coexist with the virus for a long time. So in the prevention and control of the epidemic, what role will blockchain development technology play and what role can it play? How does blockchain help build distributed digital identities? 1. Health code digitizes everyone In this “big test” of the national governance…

  • Blockchain Technology: Functional Characteristics of Blockchain Technology

    Blockchain is essentially a distributed storage system. Because it adopts a transaction accounting storage model, it can also be called a distributed accounting system. Let’s talk about the functional characteristics of blockchain technology: 1. Decentralization In traditional platform technology, central decision-making is a very common data processing method. For example, in the traditional bank transfer method, transaction information must be processed by the bank’s central server cluster, and the two tasks are completed through layers of data upload and instruction distribution. transactions between accounts. Every transaction in the blockchain is…

  • Glossary: ​​Glossary for getting started with blockchain (1)

    If you want to understand and learn blockchain, you must first start with the explanation of nouns, just like learning English requires knowing the 26 letters. Recently, we specially compiled an explanation of introductory nouns, let’s take a look! I hope the following knowledge sharing will be helpful to everyone. 1.Blockchain——Blockchain Definition: Blockchain is a new application model of computer technologies such as distributed data storage, point-to-point transmission, consensus mechanism, and encryption algorithms. is a shared distributed ledger where transactions are permanently recorded through appended blocks. 2.Block——Block Explanation: In the…

  • There is a clear difference between the blockchain used for data storage and the actual distributed database.

    To put it simply, you can use the blockchain as a distributed database, but it can also be used for other things. This is like a laptop. You can use it as a USB flash drive to store various files and carry it around. But it can also be a computer for playing games and watching movies. Distributed database, as the name suggests, is to deploy the database distributedly on different machines (also called “nodes”). On the surface, this definition is indeed consistent with the “mode in which all nodes…

  • Various features of blockchain technology

    In January 2009, the Bitcoin network based on the blockchain structure came out quietly, which combines important achievements such as modern cryptography and distributed network technology. In the few years after the emergence of Bitcoin, the Bitcoin network has stably supported a large number of transfer transactions in a purely distributed scenario, which proves that the blockchain data structure is a good solution to the basic needs of distributed bookkeeping. Based on the blockchain structure The distributed ledger technology began to appear in large numbers. 1. Technical characteristics of blockchain…