What is a blockchain website (What is blockchain)?
A blockchain website, according to Mars Finance, is a website developed based on
A blockchain website, according to Mars Finance, is a website developed based on the internet. However, these technologies are not as simple, efficient, and user-friendly as they seem. For example, Alibaba is one of the first companies in China to launch its own cryptocurrency payment service platform. Tencent, on the other hand, is the first US company to use blockchain as its underlying architecture. When the price of Bitcoin reached $60,000 on January 10, 2017, many people began to pay attention to this market, believing it to be a bubble or even a scam. In early 2019, the media reported China’s first digital asset trading platform using blockchain technology – Tmall (www.huodongxing.com).
What is blockchain?
According to reports by Cryptovest and Cointelegraph, blockchain is a distributed ledger database. It can be used to record transactions, verify data, calculate results, and other information, creating a publicly accessible ledger. The database can also store data sets from third parties.
So what exactly is blockchain? Simply put, it is a decentralized cloud platform. The operating model of this platform allows everyone to participate through their own nodes. Each person can run a node on different devices on the network, and then they can publish tokens or other assets in different locations. These assets are controlled by themselves, without relying on any intermediary or middleman (such as a bank) for help. This means you have multiple independent people maintaining a node. This is what we call “consensus protocol”.
This article and pictures are from the Internet and do not represent qiAiAi's position. If you infringe, please contact us to delete:https://www.qiaiai.com/daily/24248.html
It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.
Related recommendations
-
Paxos Treasury Destroys Over 76 Million BUSDs
On February 14, according to Whale Alert data, Paxos Treasury destroyed 76152978 BUSDs on the Ethereum chain at 13:25 today.
Paxos Treasury just destro…
-
Why Bitcoin Will Return to Zero (Why Bitcoin)
Why will Bitcoin return to zero? On December 17, 2017, Coinbase, one of the lar
-
COTI Adds Multi-Wallet Support for Djed to Enhance Payment Solutions
On February 14, COTI, a payment solution company, added multi-wallet support to the Cardano algorithm stable currency Djed (DJED). Currently, wallets supported…
-
Deribit Set to Launch BTC DVOL Futures
According to reports, Deribit, the cryptocurrency derivatives exchange, announced today that it will launch BTC DVOL futures, which is based on the DVOL (Deribit Bitcoin Volatility Index) to promote Bitcoin volatility trading. DVOL is an indicator that measures the expected or implied volatility of the BTC market, providing insight into investors’ price expectations and the overall health of the market. Deribit Launches First Bitcoin Volatility Trading Contract Analysis based on this information:Deribit, a cryptocurrency derivatives exchange, recently announced its plan to launch BTC DVOL futures. This new futures product is based on the Deribit Bitcoin Volatility Index, or DVOL. The exchange intends to promote volatility trading of Bitcoin with this innovative futures product. The DVOL is an indicator that measures the expected or implied volatility of the BTC market. The methodology used to create the DVOL considers the price of Bitcoin options traded on the platform. By using this indicator, investors can gain insight into price expectations in the market,…
-
Ouyi Earned Coin Announces Support for ETH2.0 Pledge Redemption
On April 14th, according to the official news of Ouyi, Ouyi Earned Coin will officially support the redemption function of ETH2.0 pledge on April 18th, 2023 at 16:00 (UTC+8). Users
-
The Sandbox Partners with Polygon Labs to Enhance KYC Program with Polygon ID
According to reports, the meta universe platform The Sandbox stated on Twitter, \”The Sandbox is working with Polygon Labs to implement Polygon ID by the end of the year. We value d
-
Bored Ape Yacht Club resolves Partner Feature issue on HV-MTL power supplies, compensates affected buyers
According to reports, Bored Ape Yacht Club (BAYC) stated on Twitter that it had resolved the issue of partner features not being displayed correctly on HV-MTL power supplies. Metadata has been updated and features have been re added to the collection. We have also identified all cases where users purchased HV-MTL power supplies with Companion features that were incorrectly marked before 7:44 p.m. EST. For any buyer who last purchased these NFTs before the deadline, we will send ETHs to the affected wallets to compensate for the difference between the payment amount and the minimum amount. This should be completed within the next 24 hours. BAYC: The problem that companion features cannot be displayed correctly on the HV-MTL power supply has been resolved, and ETH has been sent to affected users Analysis based on this information:The Bored Ape Yacht Club (BAYC) has recently announced that it has resolved the issue relating to the incorrect display of Partner Features on HV-MTL…
-
Understanding the On-Chain Fee Revenue of Top Cryptocurrencies
According to reports, Cryptofees-info data shows that in the past 24 hours, Ethereum\’s on chain fee revenue was $8214906.2, Bitcoin\’s on chain fee revenue was $1236261.83, Uniswap\’
-
The Remarkable Success Story of Investing in Ethereum
It is reported that Alexis Ohanian, the co-founder of the social media website Reddit, spent only $15000 to buy 50000 Ethereum during the pre-sale of Ethereum …
-
AI Generated Content to be Regulated in the EU
According to reports, in response to the confusion caused by AI generated images, the EU\’s internal market specialist and industrial and information technology industry leader, Thi