Abstract
Blockchain technology and distributed ledger technology have developed rapidly since Bitcoin, the first Blockchain concept, was proposed in 2008. In this chapter, we will introduce the development history and basic concept of the Blockchain. The reader can have a general understanding of the Blockchain so that the reader will comprehend other chapters’ content more easily. We will first look back on the development history of the Blockchain and then look to the future of Blockchain technology. Next, we will discuss fundamental technologies for the Blockchain systems. These technologies ensure the efficiency and security of the Blockchain and expand the blockchain's practical scenarios. After introducing fundamental technologies, we will exhibit three classes of blockchain: public chain, private chain, and consortium chain. Finally, we will illustrate the architecture of Blockchain systems.
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Deng, X., Huang, W., Tang, X. (2022). Basic Technology. In: Tang, X., Deng, X., Bie, R. (eds) Blockchain Application Guide. Springer, Singapore. https://doi.org/10.1007/978-981-19-5260-9_1
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DOI: https://doi.org/10.1007/978-981-19-5260-9_1
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