There are three main core points for the development of digital asset blockchain technology
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“Blockchain is a shared distributed database technology, and its advantages are mainly highlighted in distributed decentralization, no trust system and immutable and cryptographic security.” These three key points are also the most indispensable technical points in the development of digital asset exchanges.
Blockchain technology is a technology that uses a decentralized consensus mechanism to maintain a complete, distributed, and immutable ledger database, which enables participants in the blockchain to implement a unified ledger system without establishing trust relationships. Block is a public account, multi-point maintenance; The chain is time-stamped and unforgeable. Blockchain is essentially a technology that values security and credibility over efficiency. Blockchain technology is a way for all people to participate in bookkeeping. What it will bring is the innovation of bookkeeping. In a blockchain system, everyone in the system has the opportunity to participate in bookkeeping. If there are new transaction data changes in a certain period of time, everyone in the system can do bookkeeping, the system will judge the fastest and best bookkeeping during this period of time, the content of their records will be written into the account book, and the account content of this period of time to all other people in the system for backup. So everyone in the system has a complete ledger. As a result, the data becomes very secure. A tamper would need to modify more than half of the system node data simultaneously to truly tamper with the data. 2, 1 block chain technology advantage and distributed decentralization In block chain system, block the inside of the chain of each node and miners all follow the same trading rules of charge to an account, and this rule is determined by cryptographic algorithm, rather than the credit between people, block chain in the network each transaction needs to be approved by the network in other users, Therefore, the decentralized transaction system of blockchain digital assets does not need a set of third-party intermediary structure or trust institution endorsement to gain the trust of users. 2. No trust system In blockchain network, through algorithm constraints, cheating the system will be rejected and inhibited by other nodes. Therefore, the blockchain system does not need to rely on the support of the central authority and credit endorsement to obtain the trust of participants in the transaction, thus truly achieving the decentralized digital asset exchange transaction behavior. 3, tamper-resistant security and encryption block chain is taking ChanXiangHa algorithm, at the same time, each new propulsion of the blocks in strict accordance with the time sequence, the irreversible time lead to invasion of any attempt to tamper with the data in block chain information behavior is easy to be back, caused by other nodes, which can restrict the relevant illegal ACTS.
In the continuous international evolution of digital asset exchange, more and more model changes and new requirements come out, but the decentralization and imtamability of digital asset is always the pursuit of users.