What is the BFT Mechanism (What is BFF)?
What is the BFT Mechanism? Under the BFT mechanism, transactions can be recorded
What is the BFT Mechanism? Under the BFT mechanism, transactions can be recorded on the blockchain and traced. This also gives a unique identifier (bitcoin identifier) to an address on the Bitcoin network, and through this accounting method, anyone can record a transaction on the chain.
At the same time, to ensure the security of user assets and prevent double spending, developers have designed a new mining system to reward users. This model is more energy-efficient, efficient, and convenient compared to traditional centralized exchanges.
What is BFF?
According to official sources, what is BFF? Is it a blockchain project? What exactly is it? How does it come about and what can it do?
BFF is a decentralized distributed network protocol developed by the Bitcoin.com team, aiming to achieve trustless, transparent, and secure network transactions through encryption and digital assets, and supporting interactions with various types of applications and smart contracts. Its goal is to establish an infrastructure supported by verifiable computational power.
It is reported that initially, this protocol will allow users to directly obtain price change data for Bitcoin or other cryptocurrencies from Bitcoin.com.
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