public chain design

 

Level: What blockchains are there?

The logic of the public chain:

1. Centralization and Decentralization

2. Blockchain consensus and smart contracts

3. Business logic and incentive mechanism

4. Privacy and Protection

5. Rules are bigger than data

 

Block data structure:

Last block hash
Hash value of this block
Mining random numbers
difficulty
timestamp



Transaction Information 1
Transaction Information 2
Transaction Information 3
.....

The difference between Coin and Token