Technical terms about blockchain

This article is a simple and comprehensive Blockchain vocabulary that impresses people in the blockchain language field.
Blockchain vocabulary: from AZ.
Atak 51% (attack 51%)
If an individual or group has more than half of the computing power, then that individual or group can control the entire cryptocurrency network. If they have malicious ideas, they may send Conflict transactions disrupt the entire network.
Adres (address)
uses a cryptocurrency address to send or receive transactions on the network. Generally, numeric characters are used to indicate the number of characters in the address.
Integrated Circuit (Application Specific Integrated Circuit)
Abbreviation for special integrated circuit. Compared with GPU, ASIC is usually specially used for mining, which can save a lot of energy.
Bick En (Bitcoin)
Bitcoin is the first decentralized open source cryptocurrency to run on a global peer-to-peer network, and it does not require middlemen and central distributors.
The
block (partition) block is the data packet that carries the permanent record in the blockchain network.
The Bokkin (blockchain)
block chain is a shared distributed ledger in which transactions are permanently recorded through additional blocks. From the appearing block to the most recent block, the blockchain is a historical record, so it is called a blockchain (blockchain).
Blog browser (block browser) The
data block browser is an online tool for viewing all transactions (past and current) on the data block. They provide useful information such as network hash rate and transaction rate.
博克海格特(height region)
and the block chain number of contiguous blocks.
Blog research report (point reward)
This is an incentive for miners to successfully calculate the hash in the block during the mining process. The new currency is generated during the transaction confirmation process on the blockchain, and miners will receive a portion of the reward.
Central Notebook (Central Notebook)
The ledger kept by the central organization.
confirmation (confirmation)
a non-centralized transaction added to the successful confirmation of the blockchain.
Consensus (consensus) reaches a consensus
when all network participants agree on the validity of the transaction to ensure that the distributed ledgers are completely consistent with each other.
Cryptocurrency (cryptocurrency),
also known as token, is a manifestation of digital assets.
The cryptographic hash function (CryptographicHashFunction)
password hash generates a fixed size and unique hash from a variable size transaction. The 256 calculation algorithm SHA-256 is an example of an encrypted hash.
dapp (non-centralized application)
Dapp (decentralized application) is an open source application that can run automatically, store its data in the blockchain, inspire in the form of cryptographic tokens, and use valuable Protocol to operate.
(Decentralized Autonomous Organization) It
can be considered that a decentralized autonomous organization is a company that is not subject to anyone's intervention, and all forms of control are controlled by a set of undamaged business rules.
DistributedLedger (distributed account)
distributes the ledger, and data is stored through a network of distributed nodes. The distributed ledger does not necessarily have its own currency, but can be authorized and private. Compared with a
network
with a centralized data center, a network (distributed network) has processing power and data distributed on nodes.
Diffie Gulti (easy)
It means that it is very easy to successfully mine data blocks of transaction information.
Digital encryption (digital encryption)
is generated by public key encryption and attached to an electronically transmitted document to verify its content and the identity of the sender.
Doble Spind (Double Payment)
If your expenditure exceeds the one-time payment limit, a double payment will occur.
Ethiopia Rem ( Ethernet Square )
is at a blockchain-based, non-central, operational intelligence platform contract, aimed at addressing issues related to the review, fraud and third-party intervention.
EVM (
Ethereum Virtual Machine) The Ethereum Virtual Machine (EVM) is a Turing complete virtual machine that allows anyone to execute any bytecode of the EVM. In order to maintain the consistency of the entire block chain, each Ethereum node runs on the EVM.
The Flac (branch)
branch can create a cross-version of the blockchain to run two compatible blockchains in different places on the network.
The
first block of Gnesis Bullock (Genesis Block) is the blockchain .
Hardfork (hard branch)
A branch that makes a previously invalid transaction effective, and vice versa. Such branches need to upgrade all nodes and users to the latest version of the protocol software.
Hash (Hash) The
act of performing a hash function to process output data. It is used to confirm currency transactions.
Hashrat (hash rate) A
measurement of the performance of a mining rig in seconds.
HybridPoS/PoW (PoS/PoW hybrid version)
Proof of Work (proofofWork, worktile) refers to how much money you get, which depends on the workload of your mining. The better the computer performance, the more mines are allocated to you. Proof of equity: POS (Proof of Stake, POS) is a system that distributes interest based on the amount and time of currency you hold. In the POS mode, your "mining" income is proportional to your currency age, and is proportional to the computer's Computing performance is irrelevant.
Combined with PoS/PoW technology, the shared distribution algorithm in the network can realize shared proof and proof of work. According to this approach, a balance can be reached between miners and voters (shareholders), and internal (shareholders) and external (miners) can jointly establish a community-based governance system. Mining
(mining)
mining is to verify blockchain transactions. Confirmation of validity usually rewards miners with money. If calculated correctly, mining could be a profitable business during the crypto security boom. Mining can generate stable passive income by selecting the most effective and suitable hardware and mining targets.
Multi-signature (multi-signature)
Multi-signature addresses require multiple keys to authorize transactions, thus adding a layer of security.
Number of nodes (nodes)
A copy of an entry, operated by the participants of the blockchain network. By providing data for smart contracts, Oracle becomes a bridge between the real world and the
blockchain
.
Pierto Pell (Peer-to-Peer) Peer-to-Peer
(P2P) refers to the decentralized interaction or more interactions of one party in a highly interconnected network. In a P2P network, all parties involved directly negotiate through a mediation point.
Public address (public address) The
public address is the hash value of the public password. These email addresses can be published anywhere, unlike private keys.
Private key (private key)
A private key is a string of data that allows you to access tokens in a specific wallet. They are hidden like passwords, except for the owner of the address.
Prokhov Work (work certificate)
proof of work (proofofWork, worktile) refers to how much money you get, which depends on the workload of your mining, the better the computer performance, the more mines are allocated to you.
Proof of Stake (Proof of Ownership) Proof of
Equity: POS (ProofofStake, POS) is a system that distributes interest based on the amount and time of currency you hold. In the POS mode, your "mining" income is similar to yours The coin age is directly proportional and has nothing to do with the computing performance of the computer.
Scopter.
Scrypt is an encryption algorithm used by Litecoin. It is faster than SHA256 because it does not require a lot of processing time.
Type 256.
256 is an encryption algorithm used in some bitcoin digital currencies. However, it uses a lot of computing power and processing time, forcing miners to establish mining pools for profit.
Smart controller (smart contract)
Smart contract encodes business rules in programmable language into blocks and executes them by network participants.
The soft branch of the software park (soft branch) is
different from the hard branch, because only previously valid transactions can invalidate it. Because the old node thinks the new block is valid, the soft branch is basically backward compatible. This type of branch requires most miners to upgrade.