The Development of block chain search Technology
1. Blockchain 1.0
The 1.0 era is a virtual digital currency era represented by Bitcoin, which realizes the application of digital currency, including currency functions such as payment circulation and decentralized payment methods. Bitcoin describes a grand blueprint where future currencies no longer rely on central bank issuance but on a globally unified currency.
2. Blockchain 2.0
The 2.0 era is the era of smart contracts, and the combination of smart contracts and digital currencies has a wider range of application scenarios in the financial field. The point-to-point operation implemented by blockchain avoids third-party intervention and can avoid environmental, cross-border, interbank, currency conversion, and other issues. It directly realizes point-to-point transfers and improves the efficiency of the financial system. The representative of blockchain 2.0 is Ethereum, which provides a smart contract programming environment. Users develop smart contracts to implement various complex logic, providing a wide range of commercial and non-commercial application scenarios.
3. Blockchain 3.0
The 3.0 era refers to the era of applying blockchain technology to industries outside of finance. Blockchain 3.0 is known as the new generation of technological innovation after Internet technology, which can promote greater industrial reform. Blockchain 3.0 will involve various aspects of social life and be widely applied in fields such as data storage, data authentication, asset management, and election voting, promoting the circulation and effective allocation of information, resources, and value.
