Blockchain is a new application mode of computer technology such as distributed data storage, point-to-point transmission, * * * * identification mechanism and encryption algorithm. The so-called * * * knowledge mechanism is a mathematical algorithm for building trust and acquiring rights between different nodes in the blockchain system. Blockchain is the underlying technology of Bitcoin, just like a database ledger, which records all transaction records. Because of its security and convenience, this technology has gradually attracted the attention of banks and financial industry. In the blockchain world, this is a very important concept. Many models, such as the maintenance of account books, the issuance of money, the design of time stamps, the maintenance of networks and the competition among nodes, all depend on this central idea.
The earliest application of blockchain is bitcoin, and many countries have recognized the legal status of bitcoin. There is no bitcoin organization in the world, and there is no world central bank. It relies on algorithms, testing algorithms, an account book and a fair mechanism to ensure circulation and develop a mechanism that everyone recognizes and believes. This is its principle of self-confidence.
At present, people's concept of blockchain is still very general, and its application cannot be said too widely. However, in the next decade or even decades, mentioning blockchain will definitely be the highest-end technical influence, which is well known!