What is blockchain in text version (What language is blockchain written in)?

What is blockchain in text version? According to Tencent Finance, the book “What is blockchain in text version” was written and published by author Li Qiwei. In the Chinese Internet world, the definition of “blockchain” is a decentralized accounting unit and peer-to-peer transmission protocol (P2P network). As the world’s largest cryptocurrency trading platform with over 100 million users, Bitcoin’s main advantage is its ability to transfer value at very low network fees and fast speeds. With technological advancements, “on-chain data” and “digital assets” such as exchange accounts can achieve instant confirmation, making the entire industry more open and transparent.

What language is blockchain written in?

Blockchain is an English word translated into Chinese as “blockchain,” meaning a decentralized technology. This technology was used extensively in character expressions during the birth of Bitcoin, and its earliest explanation was “encryption.” Simply put, we know that someone called Bitcoin wrote it as a form of digital currency, and the language used is the same as Bitcoin. However, Bitcoin is not a public chain like Ethereum but rather an open-source, distributed system, as its network is maintained by developers and no one can control its operation.

So why use this language? It is because they don’t like this phrase: “If someone wants to create their token, they must go through a third party for transactions.”