What is the most typical representative of the blockchain 1.0 era (the concept scope of blockchain 1.0)?
What is the most typical representative of the blockchain 1.0 era? At the 2018 B
What is the most typical representative of the blockchain 1.0 era? At the 2018 Blockchain Developer Conference, what is the most typical representative of the blockchain 1.0 era? What does it represent?
He believes that firstly, it is the consensus mechanism of Bitcoin and smart contract technology. Currently, there are many products in the market for digital currency (such as Bitcoin, Ethereum, etc.), but these products are not truly built on this underlying framework. Secondly, after the official launch of Ethereum 2.0, its performance and security have been greatly improved. Lastly, before the arrival of the blockchain 2.0 era, the blockchain is still in its very early stages.
The concept scope of blockchain 1.0
Blockchain 1.0 is a new technology, and its concept scope includes distributed ledgers, smart contracts, etc. Blockchain 1.0 includes the combination of decentralized systems and asymmetric encryption, as well as consensus protocols (such as proof of stake), which can securely flow and trade data and value without the intervention of a third party.
Blockchain 2.0 refers to a new incentive mechanism to reward participant behavior and provide funding for the development of the network. This mechanism can help achieve more efficient and low-cost applications and services.
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