What is a Root Chain (What is a Root System)?
A root chain, also known as a pegged chain, is a distributed database technology
A root chain, also known as a pegged chain, is a distributed database technology based on blockchain. It corresponds to the Bitcoin network and consists of a set of randomly generated blocks, where each node needs to run one or more validators to prove the correctness of their mining behavior. When we store data on the blockchain, such as a hash value, it is added to our system and continues to generate new transactions on the mainnet, so we call it a root chain (PegChain).
What is a root system?
What is a root system? What is the nature of a root system and how is it implemented?
Let’s first look at the basic logic: If an industry wants to become an industry, it must rely on the infrastructure of that industry. In the entire industry chain, there is an important component – the “root system,” which refers to the underlying technology and basic network. The “root system” means rethinking the existing technology, business models, and their applications, and using them as the core to build new things and services that are easier to understand and use. This is the essence of fundamentally changing the world.
Why is the root system important? Because anything can change the way it works, so the root is crucial. That is why we need to consider the root when discussing it, and why many of our investment portfolio strategies are root-dominated.
So we need to understand what the root system is before we can truly take action. This is one of the core ideas I have always emphasized: “Root = Believers + Community.” What is a root system and in what situations will it affect market development? A root system is the foundation that you believe in. The reason why we believe that the root system can work is because its value is higher than other things; it is perceived as the most important thing. So why focus on the root system? First of all, we need to understand that if you don’t like the root system, you miss out on everything! The same thing happens when your money is not sourced from currency, and your wealth only comes from precious metals such as gold and silver, which may become scarcer or depreciate. Secondly, we want to see ourselves maintain our quality of life even without roots. The third point determines whether we can persevere. Finally, we cannot ignore the events that may occur in the next ten years.
This article and pictures are from the Internet and do not represent Fpips's position. If you infringe, please contact us to delete:https://www.fpips.com/24482/
It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.