What does blockchain mean? Blockchain meaning

The concept of 1. blockchain comes from Bitcoin, which represents a centralized database. Information will be transmitted and encrypted in peer-to-peer form to generate data blocks, which will contain the transaction information of Bitcoin and also be used to verify the authenticity of its information.

2. Blockchain makes the transaction information of Bitcoin unable to be tampered with or forged.

3. Blockchain is a term in the field of information technology. In essence, it is a * * * database, and the stored data or information has the characteristics of unforgeability, full trace, traceability, openness and transparency and collective maintenance. Based on these characteristics, blockchain technology has laid a solid trust foundation and created a reliable cooperation mechanism, which has broad application prospects.