The underlying technology of Bitcoin-Blockchain

in underlying •  4 years ago 

The underlying technology of Bitcoin-Blockchain
Bitcoin is so hot that people wonder how it is done. The underlying technology of virtual currency-blockchain has entered people's field of vision. To put it simply, it is easier to understand the chain structure of the data structure. == The data structure of a block is generated from a period of transaction records. A block and a block are connected in turn to form a chain, thereby forming a blockchain. == As for how each transaction is generated and verified, how each block is generated, how to achieve consistency in a distributed situation, and how to obtain the latest chain and prevent forks, data cannot be tampered with, etc., I will take your time later , After all, can't eat a fat man in one bite.

What can blockchain do
According to current development trends, virtual currency is still the most widely used scenario for blockchain. Other blockchain-related application scenarios proposed are mostly banks and other financial institutions, supply chains or traceability chains such as food and medicine. try hard. The picture is the information given in the 2018 white paper issued by the Ministry of Industry and Information Technology, for reference only.

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