What Connects Blocks in Blockchain (What is Used to Connect Blockchain)?

What connects blocks in blockchain? What is used to connect blocks in blockchain? What is the connection between blocks in blockchain? It is divided into two parts. The first part is to split a piece of data into many fragments and then pack them together. The second part is that each node generates transaction records on the chain and processes these messages. The third part is to execute computing tasks through smart contracts, so that various digital assets can be packaged into different ledgers.

The solution provided by blockchain is to put this small array into the mainline, so that the following data can be transmitted together in order or other information. This method can achieve “multi-party participation” effect- that is, from the beginning, record and send these several individual small transactions and different amounts of large transfers.

What is Used to Connect Blockchain?

According to IMEOS, the hottest topic in the blockchain field is cross-chain communication.

Currently, cross-chain communication refers to the technical process of connecting multiple nodes to another network for data transmission, delivery, and exchange of information. Through this method, two systems can achieve trusted interconnection and form a more efficient network architecture. Another concept is “asset digitization”: assets can be transferred between different applications, allowing users to directly convert their digital currency into legal currency and use it for payment or storage in some way, and it can also be used for other financial products (such as stocks) as well as goods and services.

However, this situation also has a great controversy: can the assets be transferred from a decentralized platform to the account of another platform without encryption? Or at least, do we need a third-party custodial service provider to support this transaction? Of course, this does not mean that the problem can be solved by widely applying this technology itself; in fact, apart from Bitcoin, the vast majority of blockchains are based on non-fungible tokens (NFT).