区块链的英文解释是什么,区块链的英文解释

⑴ Explain clearly what is blockchain in an easy-to-understand manner

The English name for blockchain is Blockchain. Block literally means block, block, and chain means chain, chain. Therefore, together they are translated into blockchain.
1. Use cryptography technology to encrypt and decrypt so that records cannot be tampered with. Common blockchain encryption methods include hash algorithm, RSA algorithm, elliptic curve algorithm, etc.;
2. The huge amount of calculation needs to be supported by a reasonable reward mechanism. Because every transaction must be recorded, Bitcoin’s blockchain has more than 60 gigabytes so far. Every new transaction requires confirmation of the information related to the trading account to ensure that the transaction is valid. The huge amount of calculation requires a computer with powerful computing power to complete.
In order to encourage the participation of powerful computing power, Bitcoin provides two rewards: one is to issue a certain number of Bitcoins to these computers every day; instead, all transfer fees are awarded to these computers. (The technical term for these computers is "mining machines", and the people who hold the mining machines are called "miners".)
Biying China is working hard on asset digitization and launched the digital currency crowdfunding platform Biying China.

⑵ What is blockchain and what is its relationship with Bitcoin

Blockchain in English is Blockchain, which is a computer technology for distributed data storage, point-to-point transmission, consensus mechanism, encryption algorithm, etc. New application models. The so-called consensus mechanism is a mathematical algorithm that establishes trust and obtains rights and interests between different nodes in the blockchain system. Blockchain is the underlying technology of Bitcoin, which is like a database ledger that records all transaction records. This technology has gradually attracted the attention of the banking and financial industries because of its safety and convenience. It is a very important concept in the blockchain world. Many models, such as ledger maintenance, currency issuance, timestamp design, network maintenance, competition between nodes, etc., all rely on this central idea.

The first application of blockchain was Bitcoin, and many countries have recognized the legal status of Bitcoin. There is no Bitcoin organization or central bank in the world to issue Bitcoin. The credibility it relies on is the algorithm. It relies on testing the algorithm and an account book and fair mechanism to ensure circulation. It develops a currency that everyone recognizes and trusts. A mechanism, that's how it works.

Nowadays, people’s concept of blockchain is still very general, and its applications are not very wide. However, in the next ten years or even decades, when it comes to blockchain, it will definitely be the most high-end technology that affects people of all ages. Everyone knows!

⑶ Explanation of the term blockchain

Blockchain is a series of verified blocks, each of which is connected to the previous block, all the way to the creation world block.

1. Blockchain (BlockChain)

Blockchain is a series of verified blocks, each of whichThey are all connected to the previous block, all the way to the genesis block. Blockchain is the underlying technology of digital currencies such as Bitcoin. It is a decentralized distributed shared ledger. Blockchain, artificial intelligence, and big data are known as the three major directions of financial technology. Ma Chajue

In 2009, he built an open source project for the Bitcoin system and officially announced the birth of Bitcoin. But when Bitcoin gradually became popular, Satoshi Nakamoto quietly left and disappeared from the Internet.

⑷ What is blockchain

What is blockchain? What changes will it bring to your future life?

Blockchain is a new application model of computer technologies such as distributed data storage, point-to-point transmission, consensus mechanism, and encryption algorithm.

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 cryptographic methods related to each other. 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.

In fact, the original English version of the Bitcoin white paper does not appear in the word blockchain, but uses chain of blocks. In the earliest Chinese translation of the Bitcoin white paper, chain of blocks was translated into blockchain. This is the earliest time when the Chinese word "blockchain" appeared.

The Cyberspace Administration of China issued the "Blockchain Information Service Management Regulations" on January 10, 2019, which will come into effect on February 15, 2019.

In a narrow sense, blockchain is a chain data structure that combines data blocks in a sequential manner in chronological order, and is cryptographically guaranteed to be non-tamperable and non-transformable. Fake distributed ledger.

So in conclusion, this is undoubtedly a new technology that changes life. In the future, the production activities of the entire society will be carried out with blockchain as the underlying logic. Many things We all have it at our fingertips, and with the integration of artificial intelligence and big data, we can easily handle things that may seem cumbersome now, such as some securities market transactions and intelligent matching of financial management activities.

To put it simply, blockchain is a network computing center that integrates people, property, machines, and goods, and packages them into a whole; putting it on an infrastructure to run.

⑸ 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 theseIf there is no one to handle the transaction information, it will be very messy and difficult to check. Therefore, we need to find a bookkeeper to organize the transaction information, package and save it, and put the packaged information 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. How many coins you have does not change at your request. Everyone has an 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 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!

⑹ What is the English version of blockchain

Blockchain (blockchain), as the name suggests, is composed of countless blocks (blocks). Take Bitcoin’s blockchain For example, more than 400,000 blocks have been generated so far. The entire blockchain is like a shared decentralized ledger, jointly maintained by multiple computing nodes participating in Bitcoin transactions. Each node also has its own A complete backup of the ledger (complete blockchain data), and each block is like a page in the ledger, recording several different transaction information. None of these records can pass through one of the nodes. Come and change.
Blockchain-related applications include the digital currency crowdfunding platform Biying China and the asset custody system developed by China Post based on blockchain technology.

⑺ What should "blockchain" be translated into professional English?

Answer for you
Block chain
First of all, block The main function of the chain 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.