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.
Blockchain
Blockchain technology has a broad application prospect as it can solve the problems of traceability, managing identity and ownership disputes in the supply chain.
The decentralized, consensus-driven and lack-of-trust nature of blockchains makes them inherently resilient to attacks.
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 value of NFT is the value of the contract + the value of the distributed ledger.
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.
When blockchain projects show that their technology can provide something that the traditional Internet does not have, large investors will participate.
Blockchain technology is an Internet database technology that is characterized by decentralization, openness and transparency, where everyone can participate in the database records, and it can also be applied in a variety of different fields.
