The blockchain is connected by hashprev

According to experts, blockchain can be understood as a distributed public ledger, which is connected by various blocks into a chain. In the traditional bookkeeping system, the bookkeeping right is controlled by the central server

on the "account book" of blockchain, every point in the chain can record information on it, forming a point-to-point accounting system. Therefore, blockchain technology is considered as a decentralized technology

with the blockchain system, Zhang San can directly record his 10000 yuan to Li Si's account book, and the transaction information will be transmitted to the whole village, that is, the whole blockchain system, so that other 98 people can see the information. The whole transaction process is recorded by the system, which has the advantage of traceability to prevent the loss of Zhao Liu's account book or Li Si's denial of account

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in 2008, Nakamoto first proposed the concept of blockchain. In the following years, blockchain became the core component of electronic currency bitcoin: as a public account book for all transactions. By using peer-to-peer network and distributed timestamp server, the blockchain database can be managed independently

the blockchain invented for bitcoin makes it the first digital currency to solve the problem of repeated consumption. The design of bitcoin has become a source of inspiration for other applications

In today's era of high development of the Internet, we are using the Internet more and more frequently, which has become an indispensable and important tool in our life. In particular, the mobile phone used for Internet communication has been used as a medium. In today's era, we are using mobile payment more and more, There are more and more ways to move. So what is digital currency? What do you know about it{ But generally speaking, it is a form of money< p> Finally, for such a form of transaction, it's all for the convenience of our daily life, and it's also for serving our own broad masses of people, so we don't have to worry about the advantages and disadvantages of digital currency and mobile payment

Yes

use PHP code to define blocks:

class block {

public $prevhash

public $hash;

public $timeStamp;

public $data;

}

prevhash: the hash value of the previous block; Hash: hash value of the current block; Timestamp: the time stamp generated by the block; Data: data stored in the block; The fields prevhash, hash and timestamp are called block headers in the blockchain, and the hash value of the block is calculated by SHA-256 algorithm

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the practical use and significance of blockchain:

blockchain is a decentralized distributed ledger. What is decentralization? There is no center, or everyone can be a center. This is different from the traditional way of centralization. Distributed ledger means that the storage of data is not only on each node, but each node will and share the data of the whole ledger

the system will broadcast the transaction information of both parties. All hosts will record and back up the transaction data after receiving the information. If the order of one machine is wrong, the backup data of other machines will not be affected