Voting-based CONSENSUS METHOD
A consensus and voting technology, applied in the field of Internet technology improvement, can solve problems such as data redundancy replication, lack of final consistency, trust bubbles, etc., achieve fast transaction confirmation, reduce communication overhead, and ensure security.
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[0219] The consensus mechanism is based on the research of blockchain technology. Blockchain is built on traditional computer technology, which integrates P2P, distributed storage and cryptography technologies that have been studied decades ago. The success of the Bitcoin project provides a feasible research direction for the integration and development of these technologies, which has attracted extensive attention and research on the blockchain, such as Figure 4 shown.
[0220] Principles of blockchain technology
[0221] Asymmetric encryption and digital signature: public key and private key: Encryption algorithms are generally divided into symmetric encryption and asymmetric encryption. The encryption algorithm mainly used in blockchain is asymmetric encryption algorithm. Asymmetric encryption usually uses different passwords in encryption and decryption, which are called public key and private key respectively; the encryption and decryption passwords of symmetric encryp...
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