Blockchain system development, exchange system development, and off-site System Development

Blockchain system development, exchange system development, and off-site System Development

What is blockchain?

The blockchain technology is a distributed database that stores users' assets and transaction records through a peer-to-peer network. Basically, this is an open accounting system, which records who holds what, who trades what, and the transaction records are encrypted, the historical transaction records will be enclosed in the data block, and the data block will be encrypted for connection and protection. Blockchain system development Tel: Front 138 middle 2315 rear 3201

The data structure of "block + chain" refers to packaging all the transaction information in the past into "blocks" at a fixed time based on the time axis ", based on cryptography and timestamp technology, data blocks are linked to form a "chain". Information on all chains can be publicly queried, but cannot be altered.

Blockchain has changed the centralized storage mode and is maintained and stored by nodes distributed around the world. Each node competes with the right to package data blocks and chain data according to certain rules. When they update the database, distributed storage can be implemented.

The blockchain uses asymmetric encryption technology. Different keys are used for encryption and decryption. The "Public Key" can be published to the public. The "Private Key" is stored individually, and the private key pair can be used to decrypt data, this solves the security problem of information transmission.

Because multiple nodes jointly maintain a database, a consensus should be formed on block size, block condition confirmation, computing difficulty, block reward, community governance, and so on, under the consensus mechanism, the Community can effectively maintain the operation of the blockchain.

What are the features of blockchain?

One is anonymous: anonymous that cannot be traced completely;

The second is that the property will never be frozen, that is, the asymmetric encryption technology of the blockchain ensures that the property will not be frozen;

This approach facilitates the flow and settlement of funds, and also prevents the reduction of black money and other problems.

Blockchain system development, exchange system development, and off-site System Development

Blockchain system development, exchange system development, and off-site System Development