OKX Wallet app

List of contents of this article:

• 1,OKX Wallet app What is the catalog of the blockchain system
• 2 , Blockchain Meaning
• 3, Blockchain System Composition
• 4, What does blockchain mean? Think
• 5. Blockchain Noun Explanation

What is the catalog of the blockchain system

1. From an academic perspective, blockchain is a new application model of distributed data storage, peer-to-peer transmission, consensus mechanism, encryption algorithm and other computer technologies. Blockchain is essentially a decentralized database. It first appeared in 1991 and was used by a group of researchers to timestamp digital documents.

2. Blockchain is equivalent to a deintermediated database. It is composed of a string of data blocks. Each data block contains information about a Bitcoin network transaction, which is used to verify the validity of its information and generate the next block.

3. Blockchain is a term in the field of information technology. In essence, it is a shared database stored in the data or information, with the characteristics of "non-counterfeiting", "marking throughout the whole process", "traceable", "open and transparent", "collective maintenance" and so on.

4. Public blockchain is the earliest blockchain and the most widely used blockchain. The virtual digital currencies of the major bitcoins series are all based on public blockchain, and there is only one blockchain corresponding to this currency in the world.

5. Blockchain is a new application model of distributed data storage, point-to-point transmission, consensus mechanism, encryption algorithm and other computer technologies. It is essentially a decentralized database. At the same time, as the underlying technology of Bitcoin, it is a string of data blocks generated by using cryptographic methods.

The meaning of blockchain

1. In a narrow sense, blockchain is a chain data structure that combines data blocks in order according to chronological order, and it is non-tamperable and non-counterfeited distributed guaranteed by cryptographic methods. Ledger.

2. In a narrow sense, blockchain is a chain data structure that combines data blocks in a sequential way according to chronological order, and is guaranteed by cryptographically, which cannot be tampered and counterfeited.

3. Blockchain has two meanings: Blockchain is a new application mode of distributed data storage, peer-to-peer transmission, consensus mechanism, encryption algorithm and other computer technologies.The so-called consensus mechanism is a mathematical algorithm that establishes trust and obtains rights and interests between different nodes in the blockchain system.

4. Blockchain is a new application model of distributed data storage, peer-to-peer transmission, consensus mechanism, encryption algorithm and other computer technologies. Blockchain is an important concept of Bitcoin.

5. Blockchain is a term in the field of information technology. In essence, it is a shared database in which the data or information stored has the characteristics of "non-counterfeiting", "marking throughout the whole process", "traceable", "open and transparent", "collective maintenance" and so on.

Blockchain system composition

Blockchain system As the underlying technology of Bitcoin, the blockchain system generally consists of data layer, network layer, consensus layer, incentive layer, contract layer and application layer.

Generally speaking, the blockchain system consists of a data layer, a network layer, a consensus layer, an incentive layer, a contract layer and an application layer.

The components of blockchain are as follows: the general block includes two parts: the block header and the block body. The block header contains the identification information of each block, such as version number, hash value, time stamp, block height and other information;The block body mainly contains specific transaction data.

What does blockchain mean

The simple understanding of blockchain is a technology at the bottom of Bitcoin. It is also a point-to-peer electronic cash system, which can realize point-to-point value express delivery. We should distinguish between Bitcoin, Bitcoin blockchain, Blockchain and blockchain technology and other concepts.

Blockchain is a string of data blocks associated with cryptographic methods. Each data block contains information about a Bitcoin network transaction, which is used to verify the validity of its information (anti-counterfeiting) and generate the next block.

Blockchain is a term in the field of information technology. In essence, it is a shared database stored inAmong them, the data or information has the characteristics of "non-counterfeiting", "marking throughout the whole process", "traceable", "open and transparent", "collective maintenance" and so on.

That is to say, blockchain is essentially a decentralized database. In a narrow sense, blockchain is a chain data structure that combines data blocks in a sequential way according to chronological order, and a non-tamperable and non-forged distributed ledger is guaranteed by cryptography.

Blockchain Noun Explanation

1. Blockchain is actually equivalent to a deintermediated database, which is composed of a string of data blocks. Each of its data blocks contains information about a Bitcoin network transaction, which is used to verify the validity of its information and generate the next block.

2. Blockchain is a chain composed of one block after another. Each block saves a certain amount of information, and they are connected into a chain in the chronological order of their respective generations. This chain is saved in all servers. As long as there is one server in the whole system that can work, the whole blockchain is safe.

3. Blockchain is a string of verified blocks, in which each block is connected to the previous block and all the way to the Genesis block. Blockchain is the underlying technology of digital currencies such as Bitcoin, which is a decentralized distributed shared ledger.

4. Blockchain is a new application model of distributed data storage, peer-to-peer transmission, consensus mechanism, encryption algorithm and other computer technologies. It is a shared distributed ledger in which transactions are permanently recorded through additional blocks.Block - Block In the Bitcoin network, data will be permanently recorded in the form of files, which we call blocks.

5. The full name of NFT is Non-FungibleToken, which translates as a non-hogeneous token. NFT is a unique digital certificate registered in the blockchain, which can be used to record the ownership of your art or collectibles and other assets. NFT noun explanation The evaluation of NFT has two dimensions: subjective and objective.

6. Blockchain uses the digital signature mechanism in public key encryption technology to ensure the non-deniability of information. Digital signatures mainly include signature algorithms and verification algorithms.