At the same time, as the underlying technology of Bitcoin, it is a series of data blocks generated by cryptography. Each data block contains a batch of bitcoin online transaction information, which is used to verify the validity of the information (anti-counterfeiting) and generate the next block.
Blockchain is an open data list, and each record in it is called a block. These stones are connected in a string like a chain, forming a blockchain. Just like idioms solitaire, there must be some connection between adjacent words, forming a word chain. The same is true of blockchain, but the connection between blocks is much more complicated.
Extended data
Blockchain technology innovation is not equal to speculation in virtual currency. It is necessary to prevent the use of blockchain to issue virtual currency and speculate in air currency. At the same time, we must also see that the blockchain is still in the early stage of development, and it needs to be further developed and improved in terms of safety, standards and supervision.
There is nothing wrong with the general direction, but it is necessary to avoid rushing headlong into action and redundant construction, and open up the imagination space of blockchain in orderly competition. China has a good foundation in the field of blockchain. Some big internet companies have already laid out their plans, have sufficient talent reserves and rich application scenarios, and are fully qualified to take the lead in this new track.
From a broader perspective, the reason why human beings can develop civilization is because of the effective cooperation between large-scale people. Adam Smith's "invisible hand" also realized the division of labor and cooperation of human society through the market mechanism.
From this perspective, blockchain has greatly expanded the breadth and depth of human trust and cooperation. Perhaps the blockchain is not only the next generation Internet technology, but also the next generation cooperation mechanism and organizational form.
Baidu encyclopedia-blockchain