Popular science | Public chain is not a blockchain in the future. The alliance chain will become a blockchain business application leader

Whether the future of blockchain is a public or alliance chain has been a hotly debated topic in the industry. In this article, Dr. Gao Chengshi said that the public chain is not the future of the blockchain. And from the perspective of the consensus mechanism of public chain, alliance chain and private chain, it is analyzed that the public chain system is not the future blockchain operating system; from the perspective of user trust, it is pointed out that the public chain cannot become the mainstream of future blockchain business applications. .

The article further states that the alliance chain will become the dominant of blockchain business applications in the future. Only the alliance chain, through approval to establish a strong trust relationship, and then through online data sharing, to generate more credential data and peer information, on the basis of this streamline business processes, reduce intermediate links, and truly change economic processes and social governance. Business logic and underlying architecture to promote economic efficiency and change in social governance across society.

Here is the original:

We will continue to update Blocking; if you have any questions or suggestions, please contact us!

Share:

Was this article helpful?

93 out of 132 found this helpful

Discover more

Opinion

Research on the major wallet risks of Binance, KuCoin, and Jump: Are assets stored in large institutions 100% safe?

Undoubtedly, mainstream exchanges and institutions have invested a significant amount of funds and manpower in networ...

Blockchain

Featured | Messari Founder: Recent Frustrations and Hopes in the Industry; Innovations in the Bitcoin Technology Stack

Today's content includes: 1. Founder of Messari: the recent frustration and hope of the industry; 2.Innovation i...

Policy

FTX Customers Buckle Up! $9B Shortfall Claim Payout Expected to Roll Out by Mid-2024

Good news for fashion lovers! FTX has reached a settlement with their debtors and creditors, potentially returning $9...

Opinion

How much selling pressure remains after the hacker account has liquidated 300,000 BNB?

In recent days, with the liquidation of BNB cross-chain bridge hacker Venus account positions, crypto KOLs on the int...

Market

Is CoinDesk selling at a loss with a valuation of $125 million after being in business for ten years?

On the occasion of its tenth anniversary and after being held by DCG Group for eight years, CoinDesk, the cryptocurre...

Blockchain

Insurance giant Marsh has customized a full insurance plan for encrypted custodians, can cryptocurrency traders “sit back and relax”?

According to Coindesk's September 24 report, Marsh & McLennan, the world's largest insurance brokerage ...