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What is a main network public chain (how long does it take to develop a main network public chain)

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What is the main network public chain

What is the main network public chain and what is the main network public chain? What is the main network public chain? It refers to a platform that is managed and applied through blockchain technology The so-called “main network online” refers to a country’s ability to directly or indirectly issue its own digital currency or public products based on blockchain technology under existing rules. This approach, known as the “Internet Public Chain”, is a distributed network architecture that can be used by any organization or government agency, consisting of various nodes to operate a decentralized global computer system We know that Bitcoin was a very early country, but it has now developed into the world’s largest smart contract platform. However, due to the slow transaction speed and high cost of Bitcoin, it has become one of the least secure options among most mainstream crypto assets

Ethereum is an early project. Although it has powerful functions, it cannot meet the needs of the public, so it must have sufficient security measures to ensure its security. And this is the main reason why many people believe that the main network public chain will solve these problems. Therefore, today there is an increasing amount of research on the main network public chain, and it has become increasingly deeply rooted in people’s hearts: why is such a system structure needed? Because they not only need to undergo time verification, but also must obtain a certain level of recognition in order to achieve this goal. So what is the main network public chain and how does it operate? What makes the main network public chain so valuable Simply put, the main network is the connectivity protocol between all parties involved, allowing different types of people to send messages to each other and be able to transmit information to others and their devices. For example, when a company wishes to purchase data from a third-party server, it does not need to provide this service to the third party; If users want to access this data from outside, they must download the corresponding code before continuing to interact with it; Even when you want to store some data to another cloud, your machine may lose your data, causing the operation to malfunction In order to simplify the specific process of understanding the main network public chain, everyone should first understand the basic concepts and knowledge:

1. What is the main network public chain? Simply put, it means connecting a group of separate networks with the same working principle together to form a unified main network launch plan. Specifically, a new mechanism can link different nodes together to generate communication relationships, while also promoting consensus algorithms throughout the system. For example, Ethereum uses PoW mining to support thousands of Transaction processing per second, while in the traditional PoS consensus mode, it relies on computing power competition to reach an agreement, ultimately achieving the goal of more than one million TPSs Under what circumstances are payments made through the main network public chain? In general, the main network public chain is generated in the form of block packaging.

How long does it take to develop the main network public chain

According to Coindesk, engineers of the Ethereum Foundation have completed the development of the main network launch of the blockchain main network. However, for how long after the main network goes online, these chains will need to update their code to function properly. Therefore, they usually need to spend several months solving some key issues, but this does not mean they must migrate to the new platform to continue development, as there are many testing and optimizations currently underway, and most of the testing is completed at some point in 2018 or 2019.

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