What connects blockchain (how does blockchain transmit data)

What connects blockchain According to cryptovest, the architecture of blockchai

What connects blockchain (how does blockchain transmit data)

What connects blockchain According to cryptovest, the architecture of blockchain is to provide information transmission and processing for different business domains. In many applications, data can be transmitted to other participants through a distributed system, including payment networks, banks and government institutions. Because every transaction is publicly visible and immutable, anyone can interact without exposing user data. All of this ensures that there is no connection or intervention between the ledger and the chain through blockchain technology.

How does blockchain transmit data

Blockchain is a decentralized distributed ledger technology that enables peer-to-peer transmission between anyone, including organizations or institutions. This method uses a technology called “hash function” to achieve data encryption and privacy protection, which means that anyone can exchange and share their information through smart contracts on multiple nodes. In order to ensure the security and credibility of transactions, each server needs to have the same type of data set. Since each processing unit (containing a complete transaction) is open source, these components must be able to communicate with each other and cannot be tampered with by hackers.

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