What is the principle of blockchain technology? Blockchain technology is currently a hot topic, how to understand blockchain technology, how to look at blockchain technology. The premise of understanding blockchain technology is that we need to know where the source of blockchain is. The concept of blockchain comes from Bitcoin. At the beginning, we all know the existence of blockchain technology through the reason of bitcoin. With its unique decentralized characteristics, it has good prospects in all walks of life, and some people even predict that blockchain will bring the key technology of the next technological revolution. So why is the blockchain technology so powerful and mysterious, we will unlock the mystery of the blockchain technology today, explore the blockchain technology behind the principle, so that all people can really understand the principle of the blockchain.
Block chain during the initial development is the currency as well as all kinds of fake currency, known as in the beginning so literally in the currency of this technology is a group of notes, that is to say, in fact, at the beginning of the research block chain of the technology are people in the money, and they are not technical background, So most people at the time were just using bitcoin as a way to speculate and invest. When the potential of blockchain is known by people, it is only slowly pay attention to and develop blockchain, and then we have what we later call the coin circle and the chain circle, they are different.
When it comes to blockchain technology, we have to mention the birth of Ethereum. It has been a long time since the discovery of blockchain technology. After the discovery of blockchain technology, ethereum was born gradually over time. The birth of Ethereum also makes some people who did not accept blockchain technology gradually recognize and accept it. After all, everyone can see the potential and technology existence of decentralized application of blockchain technology. First of all, the term blockchain can be divided into two parts, block and chain, instead of block and block chain. This is something that everyone can understand and there will be no misunderstanding. Therefore, we will not go into the composition of the term blockchain here, but only some characteristics and principles of its corresponding things. Block chain technology principle, just as its name implies is the block chain technology principle, the principle of the principle of obvious with other technology is different, because it is a block chain technology principle, rather than other technology principle, and these things can not be confused, or deviating from the principle of the technique of block chain as the core problem, so we put aside other technical principle, To explore the principles of blockchain technology.
Up to now, the development of blockchain technology has undergone four revolutionary reforms. The first one is the emergence and popularity of bitcoin and other virtual currencies, and the emergence and service of relevant software and application system, namely blockchain 1.0.
The second stage is blockchain 2.0. This technological innovation opens the registration function of these virtual currencies. All kinds of virtual assets or currencies are automatically registered in the blockchain, which ensures the security and reliability of data information and maintains the integrity of data.
The third stage is the most core innovation. Blockchain technology has been applied to more fields, among which smart contracts are the most prominent. With the development and evolution of the ecosystem, the application of blockchain in the field of smart contracts has become a fact of life.
The last one is the combination of ecosystem and digital virtual currency, which promotes the application of blockchain technology in value networks, as well as in more fields, such as financial market, insurance industry, Internet system, cross-border payment and settlement, etc.
Blockchain technology has been paid more and more attention and application in all walks of life, and has also obtained some significant results, Tencent Group, and data software companies and other large enterprises have begun to develop blockchain technology, only to walk in the front of The Times to obtain a leading position.