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jewelry tassels wholesale Which industry does not belong to the blockchain? Blockchain is a new application model of computer technology such as distributed data storage, point -to -point transmission, consensus mechanism, and encryption algorithm. In a narrow sense, blockchain is a chain data structure that combines data blocks in a sequential order in order, and is not tampered with and irrefutable distributed ledger in the way of passwordology.
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buy wholesale costume jewelry online Blockchain is a new application model of computer technology such as distributed data storage, point -to -point transmission, consensus mechanism, and encryption algorithm. The so -called consensus mechanism is a mathematical algorithm that realizes trust and acquisition between different nodes in the blockchain system
Blockchain () is an important concept of Bitcoin. It is essentially a decentralized database. At the same time as the underlying technology of Bitcoin. The blockchain is a string of data blocks generated by the password method. Each data block contains a Bitcoin network transaction information to verify the effectiveness (anti -counterfeiting) of its information and generate the next block.
sorosky crystal jewelry wholesale In simple terms, blockchain is a distributed and decentralized computer technology.
What is distributed and decentralized? Take marriage registration for example. In the past, when the two were married, they had to go to the Civil Affairs Bureau for procedures, and then entered the information of the computer to count the legal process. If the blockchain technology is used? As long as the two agreed to get married, and then published a message in the circle of friends, the marriage process was completed, and there is no need to go to the Civil Affairs Bureau at all. Your friends are common witnesses. They may be distributed around the world, but their mobile phones will help you record the information and tell others who want to know the situation.
If concealment of the marriage information, as long as the records on the computer of the Civil Affairs Bureau, you must now modify the records on the mobile phone on the mobile phone of all insiders. It is a task that is impossible to complete. This is distributed and decentralized.
deeper understanding.
On the Internet, a block will be generated every other time. This block is equivalent to a network record book and used to record the relevant information that occurred within a period of time. When the record is full, a new record book will be generated. Once the information is recorded, all participants will be informed and updated all the record books.
This record books are finally connected with each other. This is blockchain technology. Because of the use of cryptographic technology, if someone wants to unilaterally tampering with the news, it is verified by the blockchain algorithm protection mechanism. If the time point is not right and the related information is not right, others will not update their record books. Then this information is invalid.
Therefore, the blockchain technology is more secure, transparent, and irreversible than the traditional information storage technology.
The concept distinction.
The blockchain is not equal to Bitcoin. It is just a kind of underlying technology invented by digital currency such as Bitcoin. Blockchain can be widely used. In addition to digital currencies, it can also be applied to P2P borrowing, global payment, micro -finance, electronic payment, remittance and other financial aspects. The prospect of future development is huge.