Traditional Culture Encyclopedia - Traditional culture - What is the difference between blockchain and traditional database?
What is the difference between blockchain and traditional database?
(1) Participants can join at will without permission; Leave at will without affecting the system operation.
(2) The contents of the database are open to all participants.
(3) All previous transaction data (i.e. the log of the database) will never be deleted.
(4) High redundancy and reliability.
(5) The efficiency is low, and it needs many confirmations to really complete the transaction.
In the future, Jinwowo will be based on the industrial layout and apply blockchain, an emerging technology, to all walks of life.
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