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Block chain

Time:09-23

Block chain is distributed data storage, point-to-point transmission, consensus mechanism, encryption algorithm the new application of computer technology, such as model, [1]
Block chain (Blockchain), the currency is an important concept, it is essentially a decentralized database, at the same time as the underlying technology of the currency, it is a list of associated with the use of cryptography method produce data blocks, each block contains a number of times the currency trading information network, is used to verify the validity of the information (security), and generate the next block, [2]
COINS, the white paper original English [3] the word did not appear blockchain actually, but use, is the chain of blocks, the earliest COINS in the white Chinese translation version in [4], the chain of chain blocks translated into blocks, and this is "block chain" this one word the first time,

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