Embracing blockchain seems to have become the mainstream of the industry nowadays. Both entrepreneurs and Internet giants have started to extend their development tentacles to this industry that is going to bring disruptive development to traditional industries.

In the cryptocurrency world, consensus mechanisms are protocols and algorithms that enable computer networks to work together to ensure network security. 51% of the nodes in the network must agree on the global status of the network in order to reach a consensus.

The application scope of blockchain technology continues to expand, from the field of digital currency, to the trading of financial derivatives, risk management, to supply chain finance and other fields, all have a wide range of application prospects.

NFT didn't start with Bored Ape Yacht Club and CryptoPunks, the first NFT evolved from a work of art (Quantum), Quantu

The first application of blockchain is Bitcoin. Blockchain has become the promoter of "decentralized currency Internet" by providing power for cryptocurrency. By providing transparency, accountability, immutability and security, the blockchain soon triggered an influx of more cryptocurrencies. Today, we have more than 10000 different cryptocurrencies in circulation.

Blockchain technology changes the original remittance mode of confirming and transmitting node by node like a relay race to real-time synchronized parallel confirmation by business nodes through distributed ledger technology, which improves efficiency and changes the operation mode.

Blockchain is a technology that has evolved over time. While it can provide rapid asset transfers, it also maintains the integrity of assets. Let's take a look at what the application of blockchain technology can offer the Postal Service.

A very obvious phenomenon is happening - the meta universe is being praised by more and more people, whether it is a technology giant or a capital giant. At the same time, the blockchain is returning to rationality and objectivity bit by bit. This is a good phenomenon for blockchain.

With the emergence of the COVID-19 outbreak across the U.S., news of improvements to the U.S. healthcare system and the ability to treat the disease appeared in the media headlines, and people began to take the initiative to learn more about the new coronavirus on the Internet out of fear of the disease.

The Internet surprised us again with blockchain. We often hear words about cryptocurrency, bitcoin and other crypto related topics. If you want to know, "What is blockchain?" or "How does blockchain work?" you have come to the right place. In this article, we will learn all about blockchain, including its working principle and how to use it in our daily life.