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What is the block chain and COINS?

Time:09-23

Block chain and what is the currency?

CodePudding user response:

Block chain since the birth of the hearing in the currency, is the currency of the underlying technology, since 2009, the various classes of digital currency COINS are based on the public block chain

1, the currency is a form of peer-to-peer (P2P) digital currency, P2P (peer-to-peer) transmission means a decentralized payment system, and then pick up the COINS techniques are abstract, called block chain technology,

In 2200 eight years by the our first puts forward the concept of block chain, through the use of peer-to-peer network and a distributed time stamp server, database block chain ability of self-management, invented for the currency block chain to make it become the first digital currency, to solve the problem of repeated consumption
Extended information:
(Blockchain) : 1, block chain is distributed data storage, point-to-point transmission, consensus mechanism, encryption algorithm, such as new application mode of computer technology, the so-called consensus mechanism is block chain to build trust between different nodes in the system, obtain the rights and interests of mathematical algorithm,

It is essentially a disintermediated database, at the same time as the underlying technology of COINS, block chain is a series of associated with the use of cryptography method produce data blocks, each block contains a currency trading information network, is used to verify the validity of the information (security), and generate the next block,

In October 2200 for eight years, in the hearing of the original paper, "block" and "chain" of the two words are used separately, while in the widely used is collectively known as block - chain, until 2016, was turned into a word: "block chain", by 2014, the "2.0" block chain become a chain of decentralized blocks database terminology,

3 COINS (bitcoins) : concept was first put forward by the hearing in 2009, according to the hearing in open source software released the thinking of design and construction of the P2P network, the currency is a form of peer-to-peer (P2P) digital currency, point-to-point transmission means a decentralized payment system,

CodePudding user response:

This article refer to me: click -> block chain

CodePudding user response:

Block chain technology, in simple terms, it is a kind of distributed technology and database technology combined with books, the characteristics of decentralized, transparent, let every person can participate in the database records,

CodePudding user response:

Listen to friends said before, the domestic really understand the currency block chain that a person is very few
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