Big data of blockchain digital currency
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to know the difference between them, we need to know the definition of them first
digital currency: short for digiccy, which is the abbreviation of "digital
currency", is an alternative currency in the form of electronic currency. Both digital gold coin and cryptocurrency belong to digiccy
blockchain: blockchain is a new application mode of distributed data storage, point-to-point transmission, consensus mechanism, encryption algorithm and other computer technologies. Blockchain is essentially a decentralized database, also known as the trust machine
from the above definition, we can know that blockchain is a technology, and digital currency is a kind of virtual currency
digital currency is not equal to blockchain
many people will understand blockchain as blockchain. Here I want to correct that digital currency is not equal to blockchain. Digital currency is only an application of blockchain, and some digital currencies may not be applied to blockchain technology.
1. Blockchain: it is a new application mode of distributed data storage, point-to-point transmission, consensus mechanism, encryption algorithm and other computer technologies. The so-called consensus mechanism is a mathematical algorithm to establish trust and obtain interests between different nodes in the blockchain system
blockchain is an important concept of bitcoin. According to the 2014-2016 global bitcoin Development Research Report issued by the Internet Finance Laboratory of Wukou School of finance, Tsinghua University and Sina Technology, blockchain is the underlying technology and infrastructure of bitcoin [2]. In essence, it is a decentralized database, as well as the underlying technology of bitcoin. Blockchain is a series of data blocks generated by cryptography. Each data block contains the information of a bitcoin network transaction, which is used to verify the validity of the information (anti-counterfeiting) and generate the next block
2. Big data: refers to the data set that cannot be captured, managed and processed by conventional software tools within a certain period of time. It is a massive, high growth rate and diversified information asset that needs new processing mode to have stronger decision-making power, insight and discovery power and process optimization ability
A: blockchain technology can be understood as a public accounting mechanism, which is more a technical solution than a specific proct. The basic idea is to establish a set of public account books on the Internet, in which all users in the network keep accounts and check accounts together, so as to ensure the authenticity and non tamperability of information
the reason why it is called "blockchain" is that the structure of blockchain storage data is a chain composed of "storage blocks" on the network. Each block contains all the information exchange data in the network within a certain period of time, and the chain grows with time.