The decentralized, consensus-driven and lack-of-trust nature of blockchains makes them inherently resilient to attacks.
Blockchain
Standard explanation: "Blockchain is a new application mode of distributed data storage, point-to-point transmission, consensus mechanism, encryption algorithm and other computer technologies."
Simple understanding: "Blockchain is essentially a decentralized distributed database."
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.
The public chain Polygon has more daily active users than Ether, and its overall market capitalization has exceeded the $10 billion mark, and there are three main reasons behind its current success.
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.
The value of NFT is the value of the contract + the value of the distributed ledger.
Blockchain can provide a better solution. Not only can blockchain record past and present transactions that occur, it can also be used to register and transfer copyright registrations, whether digital or physical works, if desired.
Since the launch of the white paper in 2008, Bitcoin has received unprecedented attention, especially since the first transaction of Bitcoin and its ten million fold increase in ten years, every sharp rise and fall of Bitcoin has become the focus of attention and caused huge controversy.
Do you find Ether fees expensive and slow? Maybe Layer 2 will be an important solution to the current problems of Ether in addition to other blockchains and ETH 2.0.
Today is a dynamic time for those who make and love music. The digital revolution has civilianized the means of creating music: anyone can record a sound that can be shared with anyone around the world.