Blockchain originated from Bitcoin

On November 1, 2008, a self proclaimed Satoshi Nakamoto published "bitcoin: a peer-to-peer e-cash system" , which describes the application of P2PNetwork technology, encryption technology time stamp Technology, blockchain technology and other e-cash system architecture concept, which marks the birth of bitcoin.Two months later, the theory was put into practice. On January 3, 2009, the first serial number was 0 Genesis block be born.

A few days later, on January 9, 2009, a block with serial number 1 appeared, which was connected with the original block with serial number 0 to form a chain, marking the birth of blockchain.

In recent years, the attitude of bitcoin has been rising and falling in the world, but as one of the underlying technologies of bitcoin, blockchain technology has been paid more and more attention.In the process of bitcoin formation, blocks are storage units one by one, recording all the communication information of each block node in a certain period of time.

Each block is randomly divided into two blocks hash (also known as hash algorithm) to implement the link, the latter block contains the hash value of the previous block. With the expansion of information exchange, one block is connected with another block, and the result is called blockchain.