cheap wholesale hip hop jewelry What is the public chain?

copper jewelry wire wholesale canada The public chain is also known as the "public chain", and the public chain refers to the blockchain that can read, send transactions and transactions in the world, and transaction can be effectively confirmed, and can also participate in the consensus process. Depending on the centralization of the blockchain network, the blockchain of three different application scenarios is differentiated:
1. The blockchain of the entire network is open. n2, allowing authorized nodes plus human network, can be viewed according to permissions, often used in the blockchain between institutions, called alliance chains or industry chains;
3, nodes in all networks are in one institution It is called a private chain.
The expansion information:

The role of public chain:
1. Public chain can protect user rights from procedural developers:
There is no right to interfere with users, so the public chain can protect the user's rights and interests using the program. In addition, the highly decentralized distributed data storage is also one of the biggest features of the public chain. The advantages of disclosure and transparency of transaction data, and the data of data cannot be tampered with, so that the public chain can effectively ensure the user's data security;
2, the public chain chain chain chain It can produce network effects:
The internal needs of an information product, because the purpose of people's production and use of them is to better collect and exchange information. With the expansion of the network scale, users can get more value from it, and the demand is greater satisfaction. The common chain is open, so it has the opportunity to be applied by many outside users and produce a certain degree of network effect;
3. The public chain can be applied to the actual business scenario:
Except for the application of financial categories, except for the application of financial categories, Any application scenarios for trust, security and persistence, such as asset registration, voting, management and the Internet of Things, etc., will be affected by public chain large -scale applications.
Reference information Source: Baidu Encyclopedia-Gong owner

wholesale jewelry supplies montreal The public chain is the "public chain", and the public chain means that anyone can enter the system at any time to read data, send a blockchain that can confirm transactions, and compete. Public electronic bills. The public chain is usually considered "completely decentralized" because no individual or institution can control or tampering with the read and write of the data.
The so -called difference between public and private lies in whether the node on the chain is controlled by itself. The public chain corresponds to the private chain. Bitcoin is the first public chain in the world, but only 20 transactions can be supported per second. TPS is extremely low. The biggest problem currently facing the public chain is the contradiction between security and efficiency, that is, how to achieve a balance between decentralization and high TPS, now the well -done contflux project can be guaranteed to ensure decentralization. In terms of conditions, the TPS is raised to thousands of times per second.

bubblebox jewelry wholesale It refers to a consensus blockchain that can read and send transactions in the world that can obtain effective confirmation. The security of the public chain is responsible for maintaining the security of the workingload mechanism (POW) and the rights and interest certificate (POS). They exist in a combination of economic rewards and digital encryption verification, and follow the general principles: the economic rewards that everyone can get from it, and the proportion of contributions to the consensus process. It is usually called "completely decentralized". This is what I see in Chain Tiger Finance, and you can also go to Chainhu Finance to see the blockchain information.