In the cryptocurrency world, consensus mechanisms are protocols and algorithms that enable computer networks to work together to ensure network security. 51% of the nodes in the network must agree on the global status of the network in order to reach a consensus.
Blockchain
CoinSmart Chain is a new blockchain with a mature environment for developing high-performance decentralized applications. It is designed for cross-chain compatibility with CoinSmartChain to ensure that users get the advantages of both.
Speaking of consensus mechanism, in fact, he is a mode of verification and confirmation of the transaction, he is mainly through the vote of the special nodes to complete the confirmation, in general, if for a transaction, a number of interests of unrelated nodes can reach a consensus, then we will be defaulted to the whole network can also reach a consensus.
Web3, or Web 3.0 for short, is the latest generation of the Internet that is evolving to create a more decentralized, secure and transparent Internet.
It is reported that at present, many people compare cash and bitcoin. After all, although they understand that they are different virtual currencies, they still can not break the relationship between them.
Blockchain technology strings together a silo of information, it's time to say goodbye to cumbersome airport security.
The application scope of blockchain technology continues to expand, from the field of digital currency, to the trading of financial derivatives, risk management, to supply chain finance and other fields, all have a wide range of application prospects.
Embracing blockchain seems to have become the mainstream of the industry nowadays. Both entrepreneurs and Internet giants have started to extend their development tentacles to this industry that is going to bring disruptive development to traditional industries.
In a new study, scientists proposed a conceptual design of "quantum blockchain", which may protect the blockchain system from quantum computer hackers. The new coding program can be interpreted as non classically influencing the past; Therefore, this decentralized quantum blockchain can be regarded as a quantum networked time machine.
A very obvious phenomenon is happening - the meta universe is being praised by more and more people, whether it is a technology giant or a capital giant. At the same time, the blockchain is returning to rationality and objectivity bit by bit. This is a good phenomenon for blockchain.