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Most people don't understand the knowledge points of this article "What are the six characteristics of blockchain", so Xiaobian summarizes the following contents for everyone. The contents are detailed, the steps are clear and have certain reference value. I hope everyone can gain something after reading this article. Let's take a look at this article "What are the six characteristics of blockchain".

a decentralized

The verification, accounting, storage, maintenance and transmission of data on the blockchain are all based on distributed structures, using mathematical and algorithmic methods rather than central institutions to build trust relationships between distributed nodes, thus forming a decentralized, trusted distributed structure. Trading participants can self-certify and trade directly without relying on the trust endorsement of a third-party intermediary.

tamperability

Data written to the blockchain is difficult to change, and the blockchain's algorithms ensure extremely harsh conditions for modifying the data on it, which are almost impossible to achieve, to ensure the authenticity of the data. Distributed sharing: Blockchain can synchronously record data through peer-to-peer networks to achieve distributed sharing of data.

Consensus trust mechanism

Blockchain fundamentally changes the way centralized credit is created, using a set of consensus-based mathematical algorithms to build trust networks between robots, thereby creating credit through technical endorsements rather than centralized credit agencies. With the help of the algorithm proof mechanism of the blockchain, data exchange between each node participating in the whole system does not need to establish the trust process. Within the rule range and time range specified by the system, nodes cannot and cannot deceive other nodes, that is, a small number of nodes cannot complete fraud.

openness

The blockchain system is open, except that the private information of the parties to the transaction is encrypted, the blockchain data is open to all participants, and any participant can query the blockchain data and develop related applications through the open data interface, so the entire system information is highly transparent.

anonymity

Because there is no need for mutual trust between nodes, there is no need for public identity between nodes, and each participating node in the system can be anonymous. The parties involved in the transaction pass information through the address. Even if all the block information is obtained, it is impossible to know who the parties involved in the transaction are. Only the person who has the private key can open his wallet. In addition, in transactions such as Bitcoin, it is advocated to apply for a different address for each transaction, thus further safeguarding the privacy of the transaction parties.

cross-platform

Similar to the TCP/ IP protocol of the Internet, blockchain can also be regarded as a basic communication protocol, which, together with other mechanisms, constitutes a blockchain-based Internet of Value. Nodes on the blockchain network run independently based on common algorithms and data structures, mainly consuming computing resources, independent of platforms, and can be deployed on any platform. It can be said that the characteristics and development of blockchain come from the soil it produces_the development of Internet technology and the rise of cloud computing and big data.

At present, most industry personnel who have some understanding of blockchain believe that blockchain is the fourth biggest breakthrough after steam engine, electricity and Internet. Although blockchain technology is still in the basic rising stage, it will definitely change the structure of many industries in the future.

The above is the content of this article about "What are the six characteristics of blockchain?" I believe everyone has a certain understanding. I hope the content shared by Xiaobian will be helpful to everyone. If you want to know more relevant knowledge content, please pay attention to the industry information channel.

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