What is blockchain dac (what does blockchain Big data mean)

What is blockchain dac According to Cointelgraph, blockchain dac is a decentralized Digital identity network based on distributed Ledger technology. Its main functions include: data encryption, smart contract execution, and privacy protection; The blockchain technology ensures the data security and Tamper resistance of all nodes during operation, and realizes the ownership control of the account system, verifiable personal information disclosure and other business operations. The blockchain project can provide users with more comprehensive services, products, and services through this service

What does blockchain Big data mean

What does blockchain Big data mean? It mainly has three aspects. 1、 What is blockchain Big data; 2、 How is blockchain data generated? 3、 What makes it a new asset class? 4、 What makes them valuable? 5、 What is the essence of blockchain? These terms can be used to define the data types of blockchain, including basic information such as transaction volume and storage capacity, such as the number of users and addresses. And blockchain data is also a new form of data, which is used for statistical analysis and provides some optional information (such as how many blocks or blocks have been recorded on the Bitcoin network), so that people can make corresponding judgments based on their own needs for the number

At present, there are many different Ledger technologies on the market, but they all use the database of chain structure or distributed architecture, which is the so-called “smart contract system”. So here we need to consider how the data can be combined into a complete dataset. If there is no such database, various results will be produced, For example, algorithms like those mentioned above can help identify which accounts and related operations, providing more basis for future data acquisition.