区块链连接英语怎么说,区块链连接英语翻译

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① What is data blockchain (BlockChain)

Blockchain is a new application model of distributed data storage, point-to-point transmission, consensus mechanism, encryption algorithm and other computer technologies . Blockchain is an important concept of Bitcoin.

It is essentially a decentralized database. At the same time, as the underlying technology of Bitcoin, it is a series of related data using cryptographic methods. Each data block generated contains a batch of Bitcoin network transaction information, which is used to verify the validity of the information (anti-counterfeiting) and generate the next block.

(1) Blockchain Connection English Extended Reading

Most public blockchain chains are limited by scalability. The biggest feature of blockchain technology is decentralization, which requires all ledgers in the network to handle the accounting process. Distributed accounting has high security, low misoperation rate, and is also politically neutral and correct.

However, while blockchain technology embraces these characteristics, it sacrifices scalability, cannot meet personalized supervision, and is slightly insufficient in protecting data privacy. Moreover, as the number of ledgers increases, the interaction delay will increase exponentially, which means that the more ledgers in the blockchain network, the higher the latency will be.

② What is blockchain

The English translation of blockchain is: block chain, block means block, and chain means chain. So let’s first talk about what a block is.
In the Bitcoin network, Bitcoin transactions are happening every moment, and these transaction information will be broadcast to every node through the Bitcoin network. But if there is no one to handle this transaction information, it will be very messy and impossible to check. Therefore, we need to find a bookkeeper to sort out the transaction information, package and save it, and package it well. The information is synchronized to each node through the network. This encapsulated information is called a block.
For example, I don’t have the habit of keeping accounts, so at the end of each month, I have no idea what I bought this month that caused me to be so poor. My wife showed up at this time, and she asked me to report every amount of money I spent to her. She wrote down my expenses in days, and then it was very clear. By the end of the month, she concluded that I was poor. It's because I earn too little.
What are the benefits of keeping accounts this way?
First, the context is clear and I can trace every expense I make. Correspondingly, in the blockchain, you can even trace the digital currency back to the moment it was mined by the miners. This also lays a theoretical foundation for the digital currency to be free of counterfeit currency.
Second, information disclosure. My wife knows exactly how much money I have and how much I have spent, thus avoiding the possibility of private money. Corresponding to the blockchain, this ensures the fairness of each node. The number of coins you have does not change at your request. Everyone has their own rights.account.
In the Bitcoin network, it is stipulated that accounting should be done every 10 minutes, that is, a person is selected every 10 minutes (as for how to select this person, please stay tuned) to record the transactions that occurred within these 10 minutes according to a certain Record it as a block, stamp the block with a timestamp, and then link each block in strict chronological order. In this way, many, many blocks are connected in chronological order to form a chain structure, which is what everyone calls the blockchain.
If each block is regarded as a page of an account book, then the blockchain is an account book.
This account book is not a private account book written by the accountant and confirmed by the master.
It is a public account book kept by each participating node.
No one can tamper with the transaction information in the account books at will, and no one can tamper with personal rights and interests information.
This is the meaning of blockchain!

③ What should "blockchain" be when translated into professional English?

Answer for you
Block chain
First of all, distinguish The main function of the blockchain is to store information. Any information that needs to be saved can be written to the blockchain and read from it, so it is a database.

④ Blockchain in English

The English name of blockchain is Blockchain.

Blockchain is a new application model of computer technologies such as distributed data storage, point-to-point transmission, consensus mechanism, and encryption algorithm. Blockchain originated from Bitcoin. In recent years, the world's attitude towards Bitcoin has been ups and downs, but as one of the underlying technologies of Bitcoin, blockchain technology has received increasing attention.

Broadly speaking, blockchain technology uses block chain data structures to verify and store data, uses distributed node consensus algorithms to generate and update data, and uses cryptography A new distributed infrastructure and computing method that ensures the security of data transmission and access and uses smart contracts composed of automated script codes to program and operate data.

⑤ core blockchain Chinese translation

core block chain Chinese means core blockchain. Blockchain is a chain composed of blocks one after another. A certain amount of information is stored in each block, and they are connected into links in the order of their respective generation times. This chain is saved in all servers. As long as one server in the entire system can work, the entire blockchain is safe. These servers are called nodes in the blockchain system, and they provide storage space and computing power support for the entire blockchain system.

Blockchain originated from Bitcoin. On November 1, 2008, a person claiming to be Satoshi Nakamoto published "Bitcoin: A Peer-to-Peer Electronic Cash System" "The article explains the P2P network technology, encryption technology, timestamp technology,The architectural concept of electronic cash systems such as blockchain technology marks the birth of Bitcoin.

⑥ Blockchain English

AMA——Ask Me Anything, usually refers to the question and answer activity held by the project party or the person in charge of the transaction

AMM——Automated Market Maker, automatic market maker model

AML——Anti-Money Laundering, anti-money laundering

BTC——Bitcoin, Bitcoin

< p>⑦ Zihang talks about currency: Newbies in the currency circle don’t even know what “blockchain” is

First of all, I believe that everyone must have heard of Bitcoin before learning about blockchain. Coin, right? Because we all know that the first people to hold Bitcoin made money!

But one point of view is wrong: What point of view? Many people believe that Bitcoin is the blockchain. In fact, Bitcoin is just a type of blockchain asset, and it is the earliest blockchain asset. The concept of blockchain comes from Bitcoin. The reason why Bitcoin can be so arrogant and exist independently without relying on any organizational structure is because the bottom layer is supported by blockchain technology.

Just like our mobile phones can run, the bottom layer is supported by Android or ios system. So what kind of technology is blockchain? Why is it so powerful? Can make Bitcoin so valuable! The English name of blockchain is block chain, and block means block. You can imagine that if you fall or bump into something, you may have bruises, right? The blocks in the blockchain contain some The data block of transaction information, something, may have a bruise, right? The block in the blockchain contains some data blocks of transaction information, and the chain in the blockchain connects the data blocks. , this is like a big ledger. Anyone who uses this blockchain ledger can directly query any transaction information arranged in order, and it is difficult to tamper with. So how does it do it?

Let’s give a simple example based on local materials: There are now a total of 100 readers, who are linked through the Internet to form a blockchain network system. Please pay attention! We are not reading this article now, but a blockchain network system. In this system, I ask one of the people, say this person is called panda, to borrow 10 yuan, and then panda transfers the 10 yuan to me in the network system. Then my account or wallet increased by 10 yuan. As for panda, who lent money to Bibi, his account lost 10 yuan. After this transaction is completed, other people in our blockchain network system will take a small notebook and record the matter after seeing it. My account will increase by 10 yuan, and panda'sThe account is reduced by 10 yuan.

That’s not right, then what are you doing when you are full and have nothing to do? Why should we record these small and medium-sized "bad things"? It’s because the network system will pay wages to those who participate in recording. As long as she records it once, the system will automatically reward tokens that are common in the network system. As long as there is money, everyone is willing to do anything. In reality, there are actually countless individuals in a blockchain system. In other words, our group not only has only 13 people, but they don’t know each other yet, but they can all spread to each other on the system chain and record them in the blockchain in order. For this transaction in the network, if one day I want to default on the debt and no longer plan to pay back 10 yuan to panda, then I must convince more than 51% of the people in the blockchain network system to delete this record or tamper.

If it were replaced by real-world computing power, it would be almost impossible and would require huge costs. This is the characteristic of blockchain technology - decentralized collaboration, transaction data is difficult to tamper with, and transaction information is transparent and queryable. Its main function is to solve two problems that are difficult to solve on the Internet - one is trust and the other is value transfer.

The so-called trust, according to the above scenario, is that I may default on the loan and take the money and run away; the value transfer is: my borrowing account should increase by 10 yuan, while the panda account becomes -10 Yuan money exchange. Then we may have questions again, isn't Alipay and WeChat payment solved now? Wouldn’t it be enough to just confirm the account and transfer the money directly and send a red envelope? Yes, Alibaba and Tencent exist based on solving these two problems. but! Thinking about it from another perspective, if a mere blockchain technology can solve these two problems now, can huge and complex institutions like Alibaba and Tencent be abandoned?

Rebuilding a new network system to apply it to more fields is on the way.

Because, the final conclusion is: this technology builds the value of Bitcoin, then this technical logic can also be used in many other fields. Maybe one day you will be happy to discover - Huh? I am now using a product from a certain blockchain technology company! ? Just like many years ago, one day you unknowingly used QQ and started to learn to watch videos and play games online. Having said that, what does it mean that Bitcoin is an early asset of the blockchain? Why does it add value? According to the scenario mentioned above, the so-called tokens are the tokens issued by the system to everyone in the group by participating in accounting. These tokens are blockchain assets. (The behavior of everyone participating in bookkeeping is commonly known as mining.) Bitcoin itself is the value token of the Bitcoin blockchain network system

Then why is it Will it add value? Because its quantity is limited, the number of issuances is determined at one time from the beginning of the establishment of the network system and will never be issued additionally..

So, in the future, the more people participate in accounting in a certain blockchain network, the number of people who get it will gradually decrease, and value-added will become inevitable. This is like Alibaba's early stocks. After the Alipay application is launched, the more people participate in using it, the more it is needed, and Alibaba's stocks will inevitably increase in value.

Of course, there are currently many projects applying blockchain technology, but most of them have not found a landing scenario. However, the more people believe that a project created using blockchain technology will be used in the future. If necessary, the price of the tokens of this project will be pushed up. Therefore, there are far more investment opportunities in blockchain assets than in the ordinary stock market. If you invest in a value project, then it may skyrocket to over 130,000 per Bitcoin a few years ago, to a little over 40,000 now. In other words, you don’t need to consider any investment opportunities in other varieties. A few years ago, if you bought Bitcoin with your eyes closed and then ignored it and just went about your own business, the return on this investment would be 100 times in one year.

Profit! How much is that right? The opportunities in this industry are far more than these. Almost all currencies will have the opportunity to rise or fall sharply, but this range of rise and fall is not like the 10% daily limit in stocks. Blockchain assets disappear from trading around the world 24 hours a day, and It is T+0, and there is no limit on the increase or decrease. The price of any variety is completely affected by the limit on the increase or decrease and the pursuit of funds. Most varieties have experienced an increase of more than 100% throughout the year. High This kind of investment opportunity is also difficult to find in other markets.

The currency circle is like Tai Chi. Only when a person is in a state of tranquility can he feel the opponent's strength and intention in the push hand for the first time. What I felt at the time was that only by clearing myself could I receive information to the greatest extent and fastest, and make correct judgments and responses. The same is true in the currency circle.

This material is for learning reference only and does not constitute buying or selling advice. Buy and sell based on it at your own risk!